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Aarti Pharmalabs Declares ₹1.5 Interim Dividend; Record Date Set for Feb 16, 2026
Aarti Pharmalabs Limited has announced an interim dividend of ₹1.5 per equity share for the financial year 2024-25, representing a 30% payout on the face value of ₹5. The decision was finalized during the Board of Directors meeting held on February 09, 2026. The company has designated February 16, 2026, as the record date to identify shareholders eligible for the payout. This move reflects the company's commitment to returning value to its shareholders through consistent payouts.
Key Highlights
Interim dividend of ₹1.5 per equity share declared for FY 2024-25
Dividend payout is 30% of the face value of ₹5 per share
Record date for dividend eligibility is fixed as February 16, 2026
Board meeting for the declaration took place on February 09, 2026
💼 Action for Investors
Investors interested in the dividend must ensure they hold the shares before the ex-dividend date, typically one working day prior to the February 16 record date. Long-term investors should view this as a positive sign of cash flow management.
Aarti Pharmalabs Q3 Net Profit at ₹47.96 Cr; Declares ₹1.50 Interim Dividend
Aarti Pharmalabs reported a consolidated net profit of ₹47.96 crore for the quarter ended December 31, 2025, a decline from ₹73.99 crore in the corresponding quarter of the previous year. Consolidated revenue from operations stood at ₹274.11 crore, which was impacted by ₹49.35 crore of revenue being deferred to Q4 due to goods being in transit. The company has declared an interim dividend of ₹1.50 per share (30% of face value). An exceptional item of ₹2.79 crore was recorded due to provisions for new labour codes.
Key Highlights
Consolidated Net Profit for Q3 FY26 stood at ₹47.96 crore, down 35% YoY from ₹73.99 crore.
Revenue from operations was ₹274.11 crore, with an additional ₹49.35 crore in-transit revenue deferred to Q4.
Declared an interim dividend of ₹1.50 per equity share with a record date of February 16, 2026.
Exceptional charge of ₹279.49 lakhs recognized for incremental provision under new labour codes.
Consolidated EPS for the quarter fell to ₹5.29 from ₹8.16 in the year-ago period.
💼 Action for Investors
Investors should monitor the Q4 results closely to see if the deferred revenue of ₹49.35 crore translates into a strong recovery in profitability. While the dividend provides some support, the year-on-year decline in earnings suggests a cautious approach until margins stabilize.
Aarti Pharmalabs Declares ₹1.5 Interim Dividend; Q3 Net Profit Rises to ₹47.96 Crore
Aarti Pharmalabs has declared an interim dividend of ₹1.5 per equity share (30% of face value) for FY 2025-26, with the record date set for February 16, 2026. For the quarter ended December 31, 2025, the company reported a consolidated net profit of ₹47.96 crore, a significant increase from ₹27.92 crore in the previous quarter. Although consolidated revenue dipped sequentially to ₹273.37 crore, the company noted that ₹49.35 crore in revenue was deferred to Q4 due to goods being in-transit. An exceptional provision of ₹2.79 crore was also made for new labour code compliance.
Key Highlights
Declared interim dividend of ₹1.5 per equity share (30% on face value of ₹5)
Consolidated Net Profit grew to ₹47.96 crore in Q3 FY26 from ₹27.92 crore in Q2 FY26
Revenue of ₹49.35 crore deferred to Q4 FY26 due to goods in-transit at quarter-end
Exceptional item of ₹2.79 crore provisioned for impact of new labour codes
Record date for dividend eligibility fixed as Monday, February 16, 2026
💼 Action for Investors
Investors should benefit from the dividend payout and the strong bottom-line growth. The deferred revenue from in-transit goods suggests a potentially robust Q4, supporting a positive outlook for the stock.
Credo Brands (MUFTI) Q3 FY26 PAT Drops 61.7% YoY to ₹7 Cr Amid Muted Demand
Credo Brands Marketing (MUFTI) reported a weak set of numbers for Q3 FY26, with revenue declining 6% YoY to ₹146.1 crore. Net profit saw a sharp contraction of 61.7% to ₹7 crore, primarily driven by a 770 bps drop in EBITDA margins to 22.9%. The company faced headwinds from soft consumer sentiment during the festive season and margin pressure due to GST-related price adjustments on products below ₹2,500. Management is pivoting towards a 'MUFTI 2.0' strategy focusing on premiumization and increased marketing spend, which is expected to weigh on near-term profitability.
Key Highlights
Revenue for Q3 FY26 fell to ₹146.1 crore from ₹155.5 crore in the previous year.
PAT declined significantly to ₹7.0 crore in Q3 FY26 compared to ₹18.3 crore in Q3 FY25.
Gross Margin contracted to 56.5% from 61.9% YoY due to passing on GST benefits to customers.
Total EBO count stood at 446 stores as of December 31, 2025, with 12 stores under the new retail identity.
Management plans to increase advertising and branding spend to 8-10% of revenues from the current 5.2%.
💼 Action for Investors
Investors should exercise caution as the company faces significant margin pressure and declining sales in a muted retail environment. The focus should be on whether the 'MUFTI 2.0' premiumization and increased digital marketing spend can successfully revive growth and justify the near-term earnings hit.
Credo Brands (MUFTI) Q3 FY26 PAT Drops 62% YoY to ₹7.0 Cr Amid Margin Pressure
Credo Brands (MUFTI) reported a weak set of numbers for Q3 FY26, with revenue declining 6% YoY to ₹146.1 crore and PAT falling sharply by 62% to ₹7.0 crore. The performance was impacted by a muted festive season and a contraction in EBITDA margins from 30.6% to 22.9%. The company is undergoing a 'MUFTI 2.0' transformation focused on premiumization, having opened 12 new-identity stores. Management expects near-term profitability to remain under pressure as they increase advertising spend to 8-10% of revenue to strengthen long-term brand equity.
Key Highlights
Q3 FY26 Revenue decreased 6% YoY to ₹146.1 crore; 9M FY26 Revenue down 8% to ₹429.7 crore.
PAT for Q3 FY26 slumped 62% YoY to ₹7.0 crore, with PAT margins narrowing to 4.8% from 11.8%.
Gross Profit margins fell to 56.5% in Q3 from 61.9% YoY, impacted by GST reforms and passing tax benefits to consumers.
Inventory days increased to 166 days as of December 2025, up from 133 days in March 2025.
D2C channel showed strength with own-website sales growing by approximately 87% during the first nine months of FY26.
💼 Action for Investors
Investors should exercise caution as the company faces significant margin compression and a slowdown in the apparel sector. While the 'MUFTI 2.0' premiumization strategy is a long-term positive, the planned increase in marketing spend will likely weigh on earnings in the coming quarters.
Shanti Overseas CFO Pankaj Agrawal Resigns Effective February 9, 2026
Shanti Overseas (India) Limited has announced the resignation of Mr. Pankaj Agrawal from the position of Chief Financial Officer (CFO). The resignation is effective from the close of business hours on February 09, 2026. The departure is attributed to personal reasons and the pursuit of other professional opportunities. As a Key Managerial Personnel (KMP), his exit marks a significant change in the company's top leadership team.
Key Highlights
Mr. Pankaj Agrawal resigned as Chief Financial Officer effective February 09, 2026
Resignation is due to personal reasons and seeking further professional opportunities
Compliance filing completed under Regulation 30 of SEBI (LODR) Regulations, 2015
The company has not yet announced a successor for the CFO role
💼 Action for Investors
Investors should watch for the appointment of a new CFO to ensure a smooth transition in financial management. A timely replacement is necessary to maintain stability in the company's financial reporting and strategic planning.
Credo Brands (MUFTI) Q3 Net Profit Drops 61.7% YoY to ₹70.19 Million
Credo Brands Marketing Limited reported a weak set of numbers for Q3 FY26, with revenue from operations declining 6% YoY to ₹1,461.34 million. The company's net profit saw a sharp contraction of 61.7% YoY, falling to ₹70.19 million from ₹183.49 million in the previous year. Profitability was further dampened by a one-time exceptional expense of ₹13.97 million arising from the implementation of New Labour Codes. For the nine-month period ended December 2025, net profit stands at ₹321.94 million, significantly lower than the ₹545.80 million recorded in the same period last year.
Key Highlights
Revenue from operations decreased by 6% YoY to ₹1,461.34 million in Q3 FY26.
Net profit after tax plummeted 61.7% YoY to ₹70.19 million.
Recorded an exceptional item of ₹13.97 million due to past service costs under New Labour Codes.
Quarterly Basic EPS declined to ₹1.07 compared to ₹2.81 in the same quarter last year.
Total expenses for the nine-month period remained relatively flat at ₹3,918.40 million despite lower revenue.
💼 Action for Investors
Investors should exercise caution as the company is witnessing a decline in both sales and margins. It is advisable to wait for management's outlook on demand recovery in the premium casual wear segment before making new positions.
Tube Investments Q3 FY26: Standalone PBT Grows 26% to ₹268 Cr; ₹2 Dividend Declared
Tube Investments of India (TII) reported a robust Q3 FY26 with standalone revenue increasing to ₹2,152 Cr and PBT rising 26% YoY to ₹268 Cr. The core engineering segment remains the primary growth driver, while the mobility division turned profitable at the PBIT level. Management reaffirmed commitment to its TI2 strategy (EV, CDMO, and Medical) despite execution delays, while subsidiary CG Power continues to deliver strong consolidated performance with ₹3,175 Cr in revenue.
Key Highlights
Standalone PBT grew 26% YoY to ₹268 Cr with an impressive annualized ROIC of 49%.
Engineering segment revenue rose to ₹1,438 Cr, driven by strong domestic demand despite a 50% effective duty on US exports.
Mobility business achieved a PBIT of ₹4 Cr, recovering from a loss of ₹0.8 Cr in the previous year.
Subsidiary CG Power reported a 26% revenue growth to ₹3,175 Cr with a profit of ₹420 Cr.
Board declared an interim dividend of ₹2 per share for the financial year 2025-26.
💼 Action for Investors
Investors should remain positive on the stock as the core engineering business and CG Power subsidiary provide strong cash flows while the company navigates the longer gestation period of its EV and CDMO ventures. Monitor the scaling of the 3xper (CDMO) facility which is expected to start production in the next three months.
VST Tillers Reports Strong Q3 FY26: Revenue Up 44%, PAT Surges to ₹30.7 Cr
VST Tillers Tractors delivered a robust performance in Q3 FY26, with revenue growing 44% YoY to ₹314 Cr. The company achieved its highest-ever 9-month turnover of ₹912 Cr, driven by a 55% surge in power tiller volumes. Profitability improved significantly, with Q3 PAT rising to ₹30.7 Cr from just ₹1.7 Cr in the previous year. While domestic tractor sales grew by 18% in the 9-month period, export markets remained a drag with a 23% decline.
Key Highlights
9M FY26 revenue reached a record ₹912 Cr, marking a 32% YoY growth compared to ₹693 Cr.
Power Tiller sales volume grew by 85.2% in Q3 FY26, reaching 12,545 units.
Operational EBITDA margin for 9M FY26 improved to 13.1% from 10.2% in the previous year.
Cash generation from operations turned positive at ₹108 Cr versus a deficit of ₹35 Cr in 9M FY25.
Power weeder sales saw a massive 107.6% growth in Q3 FY26, selling 3,429 units.
💼 Action for Investors
The stock is likely to react positively to the strong volume growth in tillers and weeders and the sharp recovery in margins. Investors should monitor the sustainability of this growth and the recovery of the export tractor segment.
Euro Pratik Reports 15.87% Market Share and Expansion to 3,438 SKUs in 9MFY26
Euro Pratik Sales Limited, a leader in the organized decorative wall panels industry with a 15.87% market share, released its 9MFY26 investor presentation highlighting its asset-light business model. The company has expanded its product portfolio to 3,438 SKUs and 3,000+ designs, supported by 36+ contract manufacturers globally. Revenue for 9MFY26 is dominated by decorative wall panels at 66.5%, with South India contributing the largest regional share at 42.2%. The company continues to leverage its dual-brand strategy (Euro Pratik and Gloirio) to target upper-middle and luxury segments.
Key Highlights
Holds a 15.87% market share in the organized decorative wall panels industry as of FY23.
Product portfolio grew to 3,438 SKUs in 9MFY26, a significant increase from 2,810 in FY23.
Operates an asset-light model with 36+ contract manufacturers across India, South Korea, USA, and Europe.
Distribution network spans 138 cities with 188 distributors in India and 2 in Nepal.
Revenue mix for 9MFY26 consists of 66.5% decorative wall panels and 26.9% decorative laminates.
💼 Action for Investors
Investors should focus on the company's ability to maintain its market leadership and high ROCE through its asset-light manufacturing model. Monitor the success of recent international expansions in the UAE and USA as potential long-term growth catalysts.
Tinna Rubber Q3FY26 Revenue Rises 13% YoY; EBITDA Margins Expand to 16.3%
Tinna Rubber reported a consolidated revenue of ₹389 crore for 9MFY26, with EBITDA margins expanding by 110 bps to 16.7%. Standalone PAT for the nine-month period reached ₹36 crore, reflecting a 12.5% growth compared to the previous year. The company secured a major ₹75.79 crore order from IOCL and is aggressively expanding its international footprint in Oman, Saudi Arabia, and South Africa. Management's focus on high-margin value-added products and renewable energy (targeting 50% share by FY27) positions the company for sustainable growth.
Key Highlights
Consolidated revenue for 9MFY26 stood at ₹389 crore, with EBITDA margins improving to 16.7% from 15.6% YoY.
Secured a significant two-year work order from IOCL valued at ₹75.79 crore for Crumb Rubber Modifier supply.
Completed ₹79 crore in Capex during 9MFY26, with an additional ₹50 crore planned for the remainder of FY26 and FY27.
International operations in Oman achieved 93% capacity utilization in Q3FY26, contributing ₹25 crore to 9MFY26 revenue.
Renewable energy usage reached 24% of total power consumption, targeting over 50% by FY27 to drive cost savings.
💼 Action for Investors
Investors should maintain a positive outlook given the strong margin expansion and robust order book from IOCL. Monitor the breakeven of the South African JV expected in March 2026 and the scale-up of the new PCMB business segment.
Euro Pratik Q3 FY26 PAT Rises 17% YoY to ₹23.6 Cr; EBITDA Margins Hit 43.1%
Euro Pratik Sales Ltd reported a 7% YoY revenue growth to ₹80.4 Cr for Q3 FY26, supported by a robust 26.1% increase in EBITDA. Profit After Tax (PAT) grew 16.9% YoY to ₹23.6 Cr, although 9M FY26 PAT remains 9.2% lower than the previous year due to earlier performance. The company achieved significant margin expansion, with EBITDA margins reaching 43.1% compared to 36.5% in the same quarter last year. Strategic moves include the acquisition of a 51% stake in Uro Veneer World and the launch of several new product series to drive B2C growth.
Key Highlights
Revenue from operations grew 7% YoY to ₹80.4 Cr, despite a 16.8% sequential decline from Q2 FY26.
EBITDA surged 26.1% YoY to ₹34.6 Cr, with margins expanding to 43.1% from 36.5% in Q3 FY25.
PAT increased 16.9% YoY to ₹23.6 Cr, maintaining a strong PAT margin of 29.4%.
Acquired a 51% stake in Uro Veneer World in December 2025 to enhance B2C market scale.
Launched multiple new product lines including Canfour Series, Decolite, and Leatherlite to refresh the portfolio.
💼 Action for Investors
Investors should focus on the sustainability of the high 43% EBITDA margins and the integration of the Uro Veneer World acquisition. The company's asset-light model and market share in the organized segment remain key strengths.
Kriti Industries Q3 FY26: Revenue Drops 35% YoY to ₹1,358 Mn; EBITDA Turns Positive
Kriti Industries reported a challenging Q3 FY26 with revenue declining 35.3% YoY to ₹1,358 Mn, primarily due to a 29% drop in sales volumes across its core agriculture segment. Despite the revenue contraction, the company achieved a positive EBITDA of ₹56 Mn compared to a loss in the previous year, driven by lower raw material costs and better expense management. The net loss for the quarter narrowed significantly to ₹5 Mn from ₹109 Mn in Q3 FY25. For the 9M-FY26 period, the company remains in a net loss position of ₹29 Mn.
Key Highlights
Total sales volumes fell 29% YoY to 13,992 MT, with the Agriculture segment contributing 11,790 MT.
EBITDA margins improved to 4.12% from -0.67% YoY due to reduced cost of materials and disciplined cost control.
Finance costs decreased by 45.8% YoY to ₹32 Mn, reflecting improved working capital management.
9M-FY26 revenue stands at ₹4,456 Mn, a 23.8% decline compared to the same period last year.
The company maintains a strong distribution network of 490+ dealers across 16 states with a total capacity of 1,49,400 TPA.
💼 Action for Investors
Investors should monitor the company's ability to recover sales volumes in the Agriculture segment, which accounts for 79% of revenue. While margin improvement and loss narrowing are positive signs, the sharp revenue de-growth warrants a cautious outlook.
VST Tillers Q3 FY26 Net Profit Surges to ₹30.7 Cr; Revenue Up 43.4% YoY
VST Tillers reported a stellar performance for Q3 FY26, with revenue growing 43.4% YoY to ₹314.3 crore. The company's net profit saw a massive jump to ₹30.7 crore from just ₹1.7 crore in the previous year's quarter, driven by significant margin expansion. Operational EBITDA margins improved to 12.9% from 8.9%, despite a one-time labor code impact of ₹1.66 crore. For the nine-month period, the company maintained strong momentum with a 31.6% revenue growth and a net profit of ₹100.7 crore.
Key Highlights
Q3 FY26 Revenue grew 43.4% YoY to ₹314.3 crore compared to ₹219.1 crore in Q3 FY25.
Net Profit skyrocketed to ₹30.7 crore in Q3 FY26 from ₹1.7 crore in the same quarter last year.
EBITDA margins expanded significantly to 12.9% from 8.9% YoY; adjusted for labor code impact, margins would be 13.5%.
9M FY26 Net Profit reached ₹100.7 crore, up from ₹69.5 crore in the previous year's nine-month period.
Net profit margins for the quarter improved from 0.8% to 9.6%.
💼 Action for Investors
The stock is likely to react positively to the massive turnaround in profitability and robust top-line growth. Investors should focus on the sustainability of these double-digit EBITDA margins and the company's performance in the 4WD compact tractor segment.
Tinna Rubber Q3 Net Profit Jumps 57% YoY to ₹12.8 Cr; Revenue Up 13%
Tinna Rubber and Infrastructure reported a strong Q3 FY26 performance with consolidated net profit rising 57% year-on-year to ₹12.81 crore. Revenue from operations grew by 13.3% to ₹139.06 crore, which includes ₹4.30 crore from Extended Producer Responsibility (EPR) credits. Profitability margins improved significantly as Profit Before Tax (PBT) surged 77% YoY to ₹17.45 crore. Additionally, the company has nearly completed the utilization of ₹78.70 crore raised via QIP for expansion and debt repayment.
Key Highlights
Consolidated Net Profit increased 57% YoY to ₹12.81 crore from ₹8.16 crore.
Revenue from operations grew 13.3% YoY to ₹139.06 crore compared to ₹122.67 crore.
Profit Before Tax (PBT) jumped 77% YoY to ₹17.45 crore, reflecting strong operational leverage.
Earnings Per Share (EPS) rose to ₹7.22 from ₹4.76 in the corresponding quarter last year.
Utilized ₹78.27 crore of the ₹78.70 crore QIP proceeds for Capex at Wada and Gummidipoondi facilities and debt repayment.
💼 Action for Investors
The company's strong earnings growth and successful deployment of QIP funds for expansion signal a positive outlook. Investors should maintain a positive stance while monitoring the sustainability of EPR credit revenues and the ramp-up of new capacities.
VST Tillers Q3 Net Profit Surges to ₹30.72 Cr; Revenue Up 43% YoY
VST Tillers Tractors Limited reported a robust performance for the quarter ended December 31, 2025, with revenue from operations growing 43.4% YoY to ₹314.30 crore. Net profit witnessed a massive jump to ₹30.72 crore from a low base of ₹1.70 crore in the previous year, significantly aided by a turnaround in investment valuations. The company's nine-month profit for FY26 reached ₹100.71 crore, marking a 45% increase compared to the same period last year. Despite a one-time labor code provision of ₹1.66 crore, operational margins showed marked improvement.
Key Highlights
Revenue from operations increased by 43.4% YoY to ₹31,430 lakhs in Q3 FY26.
Net Profit surged to ₹3,072 lakhs from ₹170 lakhs in the year-ago quarter.
Fair value gain on investments contributed ₹545 lakhs compared to a loss of ₹1,104 lakhs in Q3 FY25.
Nine-month EPS rose to ₹116.52 from ₹80.43 in the previous year.
Recognized a one-time impact of ₹165.95 lakhs due to the implementation of New Labour Codes.
💼 Action for Investors
Investors should view these results positively as they reflect strong operational recovery and a significant turnaround in bottom-line performance. Monitor the sustainability of this growth in the agricultural machinery segment and the impact of the VST Zetor joint venture in upcoming quarters.
Tinna Rubber Q3 Net Profit Surges 57% YoY to ₹12.81 Cr; Revenue Up 23%
Tinna Rubber and Infrastructure Limited reported a strong performance for Q3 FY26, with consolidated revenue growing 23.4% YoY to ₹139.06 crore. Net profit saw a significant jump of 57% YoY, reaching ₹12.81 crore, driven by operational efficiencies and higher volumes. The company has successfully utilized nearly all of its ₹78.7 crore QIP proceeds for manufacturing expansion at Wada and Gummidipoondi and debt repayment. Revenue also included ₹4.3 crore from Extended Producer Responsibility (EPR) credits during the quarter.
Key Highlights
Consolidated Revenue from Operations grew 23.4% YoY to ₹139.06 crore from ₹112.67 crore.
Net Profit increased by 57% YoY to ₹12.81 crore compared to ₹8.16 crore in the same quarter last year.
Earnings Per Share (EPS) improved significantly to ₹7.22 from ₹4.76 YoY.
Utilized ₹78.27 crore out of ₹78.70 crore raised via QIP for expansion and debt reduction.
EPR credit sales contributed ₹4.30 crore to the quarterly revenue and ₹23.89 crore for the nine-month period.
💼 Action for Investors
The company demonstrates robust growth and efficient capital utilization for capacity expansion. Investors should maintain a positive outlook while monitoring the scalability of new facilities and the consistency of EPR credit income.
Euro Pratik to Form 51% JV Hues Plydecor LLP for ₹10 Cr Southern India Expansion
Euro Pratik Sales Limited has entered into a Joint Venture agreement to form 'Hues Plydecor LLP' to expand its surface decorative products business into Southern India. The company will hold a 51% stake in the new entity with a total contribution, including loans, of up to ₹1000.00 Lakh. The board also approved the financial results for the quarter and nine months ended December 31, 2025, and re-appointed internal auditors for FY 2026-27. This strategic move aims to establish a stronger presence in the Hyderabad region and the broader Southern market.
Key Highlights
Formation of a new Joint Venture 'Hues Plydecor LLP' with 51% ownership by Euro Pratik.
Total investment and loan contribution capped at ₹1000.00 Lakh (₹10 Crore).
Strategic expansion targeting the surface decorative products market in Southern India.
JV partner identified as Mr. Srikanth Mundada and nominees based in Hyderabad.
Completion of the JV formation is expected within a timeline of 3 months.
💼 Action for Investors
Investors should view this as a positive growth step into a new geographic market; monitor the upcoming financial results for specific margin impacts from this expansion.
Euro Pratik to Form South India JV with ₹10 Crore Investment; Re-appoints Internal Auditors
Euro Pratik Sales Limited has announced a strategic joint venture with Mr. Srikanth Mundada to form 'Hues Plydecor LLP' for expanding its surface decorative products business in Southern India. The company will hold a 51% controlling stake in the new entity with a total contribution of up to ₹1,000 Lakh. Alongside this expansion, the board approved the Q3 FY26 financial results and re-appointed M/s. D N A & Associates as internal auditors for FY 2026-27. This move marks a significant geographical diversification for the company's core business.
Key Highlights
Approved formation of a new JV, Hues Plydecor LLP, to target the South Indian decorative products market.
Total investment contribution for the JV is capped at ₹1,000 Lakh, with Euro Pratik holding a 51% stake.
The JV formation is expected to be completed within an indicative timeline of 3 months.
Re-appointed M/s. D N A & Associates as Internal Auditors for the upcoming financial year 2026-27.
Approved Un-audited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025.
💼 Action for Investors
Investors should view the South India expansion as a growth catalyst and monitor the JV's progress over the next two quarters. The controlling stake in the new entity suggests Euro Pratik will consolidate these operations, potentially boosting future revenue growth.
Euro Pratik to Form 51% JV "Hues Plydecor LLP" with ₹10 Cr Investment for South India Expansion
Euro Pratik Sales Limited is strategically expanding its footprint into Southern India by forming a new Joint Venture, Hues Plydecor LLP. The company will hold a controlling 51% stake in the JV with a total investment commitment of up to ₹1,000 lakh (₹10 crore), including loans. This move aims to capture market share in the surface decorative products segment in new geographies. Additionally, the board has approved the financial results for the quarter ended December 31, 2025, and re-appointed internal auditors for the upcoming fiscal year.
Key Highlights
Formation of a new Joint Venture 'Hues Plydecor LLP' to target the surface decorative products market in Southern India.
Total capital contribution including loans for the JV is capped at ₹1,000 lakh (₹10 crore).
Euro Pratik will hold a majority 51% stake and control in the newly formed entity.
The board approved the unaudited standalone and consolidated financial results for Q3 and 9M FY2025-26.
M/s. D N A & Associates re-appointed as Internal Auditors for the financial year 2026-27.
💼 Action for Investors
Investors should view this expansion into the Southern Indian market as a positive growth driver and monitor the JV's contribution to the top line over the next few quarters. The controlling stake ensures Euro Pratik maintains strategic oversight of the new operations.