NSE:EUROPRATIK management interview: India's Housing Boom Is Fueling Euro Pratik's Growth! CMD Explains What's Next | Pratik G. Singhvi
ET Now, 2026-07-21. Video: https://www.youtube.com/watch?v=L0BNLvLqMfk
- Revenue growth targets: Euro Pratik aims for 35% to 40% top-line growth in FY27 to exceed Rs 460 crore, supported equally by 15% to 20% organic and inorganic growth, with an internal goal of reaching Rs 1,000 crore revenue by FY29.
- Profitability and ROCE: The company is targeting a blended PAT margin of 20% to 24% and a return on capital employed (ROCE) of 35% to 40%, sustained by rapid design innovation and contract manufacturing.
- Retail and acquisitions: Acquired retail store Euro Veneer World is projected to scale from Rs 48–49 crore to around Rs 110 crore in revenue this year, with plans to expand via franchising across South India and sustain 12% to 15% annual growth.
- International expansion: Euro Pratik is launching a joint venture in Dubai next quarter and establishing subsidiaries in the US and Europe, targeting exports to account for 8% to 10% of total revenue by FY29.
- Pricing and shareholding: The company implemented an 8% to 9% price hike in April to manage raw material volatility while maintaining 4 to 5 months of inventory, and promoters raised their stake by 3.8% to reach approximately 74%.