Annual Report for the Financial year 2025-26 along with the Notice of 17th Annual General Meeting

29th August, 2026 To, To, The Manager The Manager - Listing Department of Corporate Services National Stock Exchange of India Ltd BSE Limited Exchange Plaza, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Bandra (East), Mumbai- 400 051 Dalal Street, Fort, Mumbai - 400 001, Symbol: EUROPRATIK Scrip Code: 544519 Dear Sir / Ma’am, Sub: Submission of copy of Annual Report along with the Notice of the 17th Annual General Meeting of Menon Bearings Limited pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to the provisions of Regulation 30 read with Schedule III and Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we submit herewith copy of the Annual Report, for the Financial Year 2025- 26 along with the Notice of 17th Annual General Meeting (AGM) of the Company. The 17th Annual General Meeting (‘AGM’) of Menon Bearings Limited (‘Company’) will be held on Tuesday, 22nd September, 2026 at 03:00 P.M. (IST) through Video Conferencing (“VC”) or Other Audio Visual Means (“OVAM”) without physical presence of the members of the Company at a common venue in compliance with the applicable provisions of the Companies Act, 2013 and the Rules made thereunder and the Securities and Exchange Board of India (“SEBI”) (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), read with the circulars issued in this regard from time to time, the latest being 03/2025 dated 22nd September, 2025 issued by the Ministry of Corporate Affairs (MCA). The Annual Report for the FY 2025-26 along with the Notice of 17th AGM is being sent to all the Members of the Company whose e-mail addresses are registered with the Company / Registrar and Transfer Agent (‘RTA’) / Depository Participant(s) (“DPs”). The same is also uploaded on the Company’s website at www.europratik.com and on the website of the RTA of the Company viz. MUFG Intime India Private Limited i.e. at www.instavote.linkintime.co.in. Further, pursuant to the provisions of Regulation 36(1)(b) of the Listing Regulations, the Company is also sending a letter to those shareholders whose email addresses are not registered with the Company/RTA/Depositories, providing the web links along with exact path from where the said Annual Report and the Notice convening the 17th AGM can be accessed on the website of the Company. Kindly take the above on your record. Thanks and Regards, for Euro Pratik Sales Limited Shruti Shukla Company Secretary & Compliance Officer Membership No.: A60044 Encl.: A/a D I S R U P T O R EURO PRATIK SALES LIMITED | ANNUAL REPORT 2025-26 Forward looking statement This document contains statements about expected future events and financials of Euro Pratik Sales Limited, which are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the assumptions, predictions and other forward-looking statements may not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as several factors could cause assumptions, actual future results and events to differ materially from those expressed in the forward-looking statements. Accordingly, this document is subject to the disclaimer and qualified in its entirety by the assumptions, qualifications and risk factors referred to in the Management Discussion and Analysis of this Annual Report. CONTENTS 05 Corporate Snapshot 08 This is how our performance has grown dramatically in the last few years 10 Chairman's overview 14 Chief Financial Officer's overview 20 Our Business Model 22 Our Brand Ambassador 23 Product Portfolio 35 Management Discussion and analysis 41 Corporate Information 42 Notice 70 Director's Report 80 Report on corporate governance 106 Standalone Financial Statements 181 Consolidated Financial Statements DISRUPTOR The one who asks, ‘Why not?’ when everyone else asks, ‘Why?’ The one who sees an ordinary problem and refuses an ordinary solution. The one who makes the familiar feel new again. The one who challenges the way things have always been done. The one who spots the gap before everyone else sees the opportunity. The one who turns bold ideas into new possibilities. WHY IS AN ORDINARY WALL STILL AN AMAZING OPPORTUNITY? Because every room has one - and most are still waiting to be reimagined. 02 | Euro Pratik Sales Limited Corporate Overview Statutory Reports Financial Statements Because India has nearly 340 Million homes - and more than a billion walls are waiting for their moment. Because a wall used to be the quietest part of the room - paint it, cover it and move on. Because today, that billion-plus-wall canvas is moving from background to centre stage: the first thing you notice, the backdrop of a brand, the mood of a home or the signature of a space. Because as Indian consumers become more design-conscious, demand is shifting from plain surfaces to character, texture, depth and personality. For Euro Pratik, that makes the opportunity enormous. A billion blank canvases. A category still in the making. And one of the largest untapped opportunities in India’s interiors market - right on the walls. Annual Report 2025-26 | 03 04 | Euro Pratik Sales Limited Corporate Overview Statutory Reports Financial Statements C O R P O R A T E S N A P S H O T A WALL CAN BE A BACKDROP - OR IT CAN TRANSFORM THE ROOM. EURO PRATIK SALES LIMITED IS IN THE BUSINESS OF MAKING THE LATTER HAPPEN. One of India’s leading decorative wall panel brands, the Company blends design, functionality and quality across wall panels, louvers, chisel panels, Auris panels and decorative laminates. From homes and offices to hotels and commercial spaces, Euro Pratik creates surfaces that make interiors more distinctive, modern and personal. With a strong distribution ecosystem and a growing community of architects, designers, dealers and customers, the Company continues to bring fresh ideas and differentiated designs to India’s walls. Because great interiors do not just fill a space. They give it personality. Annual Report 2025-26 | 05 Our vision Our mission Our core values To be the global pioneer and the To expand our portfolio across Our foundation is built on most trusted one-stop solution diverse product categories innovation, quality, sustainability, for interior and exterior spaces. and markets by embracing and customer-centricity. By Our vision is to deliver world- innovation, fostering excellence, anticipating evolving consumer class products, exceptional and delivering superior quality. preferences, embracing emerging service, and innovative designs We are committed to exceeding technologies, and providing eco- that inspire, transform, and customer expectations, friendly solutions from around evolve with the changing needs empowering our people, and the world, we create products of modern living. building lasting relationships that inspire exceptional spaces that drive sustainable growth while delivering enduring value and industry leadership. to our customers. Customer-driven Great design begins with knowing who you are designing for. At Euro 1 Pratik, customer needs are at the heart of how the Company thinks, innovates and grows. Its core values bring together innovation, integrity, technology, safety, sustainability, 3 strong networks and lasting 8 relationships to create products that are relevant, reliable and built for 17 22 5 changing tastes. The Company stays close to its customers and partners, listens to what is changing and turns 15 11 6 9 those insights into better designs, smarter solutions and stronger 4 experiences. For Euro Pratik, customer focus is more than a value — it is the 14 25 starting point for everything it creates. Pedigree STATES Two decades can build a business. Two decades of getting the details 10 6 198 right [Showing first 8,000 characters — download PDF for full document]