• Event Type: Q2 FY27 Earnings Conference Call relating to financial results for the quarter and half year ended September 30, 2026.
  • Event Date and Time: Held on Friday, 06 November, 2026 (specific time not mentioned in the transcript).
  • Purpose of Event: Discussion of Q2 and H1 FY27 financial results, strategic updates including acquisition of Drashti Surfaces Private Limited, and outlook for the decorative surface industry.
  • Management Participants:
  • Mr. Pratik Singhvi – Chairman and Managing Director
  • Mr. Kulmeet Saggu – Chief Operating Officer
  • Mr. Alpesh Sangoi – Finance Controller
  • Moderator: Ms. Ayushi Gupta from MUFG Intime India Private Limited, the company's Investor Relations Advisors.
  • Availability of Materials: The transcript of the call is being uploaded on the company's website at https://europratik.com/.
  • Financial Period Discussed: Quarter and half year ended September 30, 2026 (Q2 FY27 and H1 FY27).
  • Financial Highlights Disclosed:
  • Q2 FY27 Revenue: INR115.7 crores (up 19.8% YoY from INR96.6 crores)
  • Q2 FY27 Operating EBITDA: INR37.4 crores (up 18% YoY from INR31.7 crores)
  • Q2 FY27 EBITDA Margin: 31.4%
  • Q2 FY27 PAT: INR26.2 crores (up 14.9% YoY from INR22.8 crores)
  • Q2 FY27 PAT Margin: 22%
  • H1 FY27 Revenue: INR219 crores (up 35.9% YoY from INR161.1 crores)
  • H1 FY27 EBITDA: INR66.5 crores
  • H1 FY27 EBITDA Margin: 29.6%
  • H1 FY27 PAT: INR46.2 crores
  • H1 FY27 PAT Margin: 20.6%
  • Core Business (excluding acquired entities) Gross Margin: 44.8%
  • Core Business EBITDA Margin: 36%
  • Core Business Net Profit Margin: 26.5%
  • Strategic Updates:
  • Acquisition of 51% stake in Drashti Surfaces Private Limited for investment of up to INR31.12 crores with loan commitment of up to INR20 crores
  • Drashti manufactures premium decorative laminates and veneers with facilities in Bhilad and Silvassa
  • Expected to close transaction by November 30, 2026 (90-day timeline from November 5 execution)
  • Drashti has capacity to generate INR180 crores turnover at peak utilization
  • Current Drashti EBITDA margins: 16-17% with potential for expansion
  • Growth target: 25-30% CAGR over next 3 years
  • Business Metrics:
  • Distribution network: 195 Indian cities, 208 distributors
  • Product portfolio: 30+ categories, 3,850+ SKUs
  • Manufacturing: 45+ contract manufacturers across India and international markets
  • Market share: 15.87% in organized decorative wall panels (based on FY2023-24 data)
  • Revenue composition: Decorative wall panels 65.5%, laminates 24% in Q2 FY27
  • Compliance Statement: The document includes forward-looking statements with risks and uncertainties, referring investors to presentations and filings on company website.

Additional Notes Section

  • The document includes the full transcript of the earnings conference call with management commentary and Q&A session with analysts.
  • Financial data was extensively disclosed including quarterly and half-yearly results with year-on-year comparisons and margin analysis.
  • The call included detailed discussion on acquisition strategy, working capital management, product innovation, and growth outlook.