Euro Pratik Acquires 51% Stake in Drashti Surfaces for ₹31.12 Crore
Euro Pratik Sales Limited is acquiring a 51% stake in Drashti Surfaces Private Limited for ₹31.12 Crores. This acquisition aims to expand Euro Pratik's portfolio into premium veneers and laminates with its own manufacturing base. Drashti Surfaces projects revenues of ₹120 Crores in FY27-28.
The acquisition represents a significant strategic shift for Euro Pratik, moving towards becoming a full-surface lifestyle brand with its own manufacturing. This is expected to have a substantial impact on its market position, operational control, and future growth prospects.
The acquisition of Drashti Surfaces is a strategic move for Euro Pratik Sales Limited, enabling it to expand its product offerings and establish its own manufacturing capabilities, which is expected to drive growth and market position.
Euro Pratik Sales Limited has announced the acquisition of a 51% stake in Drashti Surfaces Private Limited for a consideration of ₹31.12 Crores. This strategic move aims to transform the company from a niche decorative brand into a comprehensive, full-surface lifestyle brand. Drashti Surfaces is a manufacturer of premium veneers and decorative laminates, recognized for its innovative products like Release Paper based laminates and Synchronised Zero Series laminates. The acquisition provides Euro Pratik with its own manufacturing facility, enhancing control over quality, cost, and lead times, aligning with the 'Make in India' and 'Aatmanirbhar Bharat' initiatives.
Drashti Surfaces, established by Mr. Jitendra Nandu, boasts a significant installed capacity of 1,20,000 Laminate sheets per month and 7,500 Veneer pieces per month, with existing utilization rates of 75% and 50% respectively for FY2025-26. The company projects revenues of ₹120 Crores in FY27-28. The acquisition is funded through internal accruals, with a provision for up to ₹20 Crores in loan commitments to Drashti Surfaces. The closure of the transaction is expected within 90 days from the execution of the Share Purchase / Subscription Agreement.
This integration is expected to create significant two-way synergy. Drashti Surfaces will benefit from Euro Pratik’s extensive distribution network of 205 distributors across 148 cities and access to dealer and OEM channels. Conversely, Euro Pratik will leverage Drashti’s established relationships with leading hotels, developers, and corporates, strengthening its institutional sales and expanding its product portfolio to include premium veneers and laminates.
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Euro Pratik Sales Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Euro Pratik Sales Limited. Read the original for the full detail.