Eureka Forbes Limited share price

NSE: EUREKAFORB · ISIN INE0KCE01017

Key numbers

Market cap
₹ 7,181 Cr
Current price
₹ 370.85
52-week high / low
₹ 668 / 366
Stock P/E
39.8
Book value
₹ 237.7
Dividend yield
0.00%
ROCE
5.0%
ROE
3.6%
Debt to equity
0.01
Sales growth (3 yrs)
9.0%
Profit growth (3 yrs)
83.2%
1-year return
-35.6%

About Eureka Forbes Limited

Eureka Forbes Limited engages in manufacturing, trading, renting, selling, and servicing of vacuum cleaners, water filter cum purifiers, air purifiers electronic air cleaning systems, and related products in India and internationally. The company also offers water softeners and water solutions. It serves individual consumers, educational institutions, retail stores, households, banks, IT companies, hospitals, small and medium enterprises (SMEs), hotels, government organizations, and other commercial establishments. The company was formerly known as Forbes Enviro Solutions Limited and changed its name to Eureka Forbes Limited in February 2022. Eureka Forbes Limited was founded in 1982 and is based in Mumbai, India. The company operates as a subsidiary of Lunolux Limited.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales608772645684700
Operating profit6198698669
Net profit3963105157
EPS (₹)1.993.230.522.622.93

Concall summary (2026-08-19)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • Looking ahead, given the strong start in Q1 , we are confident of delivering a clear step-up in our FY27 full year growth.
  • So, our ambition of 2x revenue from FY25 to FY30 and 3x EBITDA in the same period remains the North Star for us, and we remain confident of delivering that.

Growth & demand

  • Revenue for the quarter grew by 15.3% year-on -year to INR701 crores, supported by accelerated and broad -based growth across the product business, especially water.
  • The water purifier category grew by high teens, on the back of a double -digit volume growth.

Margins & costs

  • Gross margins for the quarter stood at 58.4%, lower by 131 basis points year-on-year, reflecting the impact of higher commodity costs and adverse currency movements.
  • While the cost environment remains challenging, and we are yet to see any meaningful reduction in input costs , our focus will be on driving our cost savings program and product mix.

Capex & expansion

  • We will stay focused and continue to invest in driving awareness and changing customer behavior.
  • And as the best reference point is same time last year, where we started the year with quarter one margins being down 46 basis points year-on-year, but we ended the year with a margin expansion of nearly 55 basis points.

Balance sheet & cash

  • That said, the underlying drivers of profitability, namely healthy gross margins, operating leverage , and ongoing productivity initiatives remain absolutely intact and continue to provide a strong foundation for the business.
  • We expect operating leverage and cost efficiencies to kick in over a period of time, supported by productivity gains.

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