Eureka Forbes

What does Eureka Forbes do?

Eureka Forbes Ltd specializes in health, hygiene, and safety products and services, with a recent quarterly net sales of ₹613 Cr and a net profit of ₹50 Cr as of March 2025. The company has a market cap of ₹11,802 Cr and a P/E ratio of 73.00.

Overview: <BR>Eureka Forbes Ltd operates in the Electronics & Appliances industry, focusing on health, hygiene, safety products, and services.<BR><BR>History: <BR>Eureka Forbes Limited was incorporated on November 26, 2008, and was formerly known as Forbes Enviro Solutions Limited. The company underwent a name change and acquired the Health, Hygiene Safety Products and Services Undertaking effective February 01, 2022. The most recent quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 613 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 50 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 11,802 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 73.00 <BR>Industry P/E: 47 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.06 <BR>Return on Equity: 3.66% <BR>Price to Book: 2.68 <BR><BR>Contact Details: <BR>Details: No Company Details Available <BR>Registrar Address: Not available.

When is the next results date for Eureka Forbes?

No Upcoming Board Meetings

Has Eureka Forbes declared dividend?

No Dividend History Available

Who are the peers of the Eureka Forbes?

Eureka Forbes' peers include Havells India, Dixon Technologies, Voltas, Blue Star, Crompton Greaves Consumer, TTK Prestige, Symphony, Bajaj Electrical, and IFB Industries. Eureka Forbes has below average management risk, excellent growth, and a 1-year return of 48.22%, outperforming its peers.

Peers: Eureka Forbes has several peers including Havells India, Dixon Technolog., Voltas, Blue Star, Crompton Gr. Con, TTK Prestige, Symphony, Bajaj Electrical, and IFB Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Dixon Technolog., Crompton Gr. Con, and Havells India, while Good management risk is found at Blue Star, TTK Prestige, and Symphony, and the rest. Average management risk is present at Voltas, Bajaj Electrical, and IFB Industries, while Eureka Forbes has Below Average management risk. For growth, Excellent growth is noted at Eureka Forbes, Dixon Technolog., and Havells India, while Average growth is seen at Voltas, and Below Average growth is found at Crompton Gr. Con, TTK Prestige, and Symphony, and the rest. Eureka Forbes, Havells India, and Blue Star exhibit Excellent capital structure, while Crompton Gr. Con, TTK Prestige, Symphony, and Orient Electric show Excellent capital structure, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dixon Technolog. at 46.81%, while Bajaj Electrical has the lowest at -28.45%. Eureka Forbes has a 1-year return of 48.22%, which is higher than Dixon's. Additionally, peers such as Voltas, Blue Star, TTK Prestige, and Bajaj Electrical have negative six-month returns.

Who are in the management team of Eureka Forbes?

As of February 2021, the management team of Eureka Forbes includes Marzin Roomi Shroff (Managing Director & CEO), Rajagopalan Sambamoorthy, Suresh Redhu, Ashu Khanna, Vikram Surendran, Pratik Pota, Shashank Shankar Samant, and Pragya Kaul (Company Secretary & Compliance Officer). They oversee the company's operations and strategic direction.

As of February 2021, the management team of Eureka Forbes includes the following individuals:<BR><BR>1. Marzin Roomi Shroff - Director and Managing Director & CEO<BR>2. Rajagopalan Sambamoorthy - Director<BR>3. Suresh Redhu - Director<BR>4. Ashu Khanna - Director<BR>5. Vikram Surendran - Director<BR>6. Pratik Pota - Managing Director<BR>7. Shashank Shankar Samant - Additional Director<BR>8. Pragya Kaul - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the top shareholders of the Eureka Forbes?

The top shareholder of Eureka Forbes is Lunolux Limited, holding 62.56% of shares, with 53.66% of promoter holdings pledged. Institutional investors own 16.43% combined, while individual shareholders hold 12.03%.

The top shareholders of Eureka Forbes include a mix of promoters, institutional investors, and individual shareholders. The majority of the shares are held by promoters, with Lunolux Limited being the largest shareholder at 62.56%. Additionally, 53.66% of the promoter holdings are pledged. <BR><BR>In terms of institutional ownership, mutual funds hold 3.9% of the shares through 13 schemes, while foreign institutional investors (FIIs) account for 12.53% with 110 FIIs participating. Among public shareholders, Hill Fort India Fund Lp is the highest with a holding of 1.87%. Individual investors collectively hold 12.03% of the company's shares.

How big is Eureka Forbes?

As of 24th July, Eureka Forbes Ltd has a market capitalization of 10,680.00 Cr, with recent net sales of 2,436.91 Cr and a net profit of 164.41 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Eureka Forbes Ltd has a market capitalization of 10,680.00 Cr, categorizing it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 2,436.91 Cr, while the sum of Net Profit for the same period is 164.41 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 4,225.64 Cr and Total Assets totaling 6,128.15 Cr.

How has been the historical performance of Eureka Forbes?

Eureka Forbes has experienced significant growth from March 2021 to March 2025, with net sales rising from 7.85 Cr to 2,436.91 Cr, and a turnaround in profitability, with profit after tax increasing from a loss of 1.63 Cr to 164.41 Cr. The company's total assets grew to 6,336.62 Cr, reflecting improved financial stability and cash flow.

Answer:<BR>The historical performance of Eureka Forbes shows significant growth over the years, particularly from March 2021 to March 2025.<BR><BR>Breakdown:<BR>Eureka Forbes has demonstrated remarkable growth in net sales, increasing from 7.85 Cr in March 2021 to 2,436.91 Cr in March 2025. Total operating income followed a similar upward trend, reaching 2,436.91 Cr in March 2025, compared to just 7.85 Cr in March 2021. The company’s operating profit (PBDIT) also improved significantly, moving from a loss of 1.28 Cr in March 2021 to a profit of 280.14 Cr in March 2025. Profit before tax surged from a loss of 1.62 Cr in March 2021 to 220.70 Cr in March 2025, while profit after tax rose from a loss of 1.63 Cr to 164.41 Cr over the same period. The earnings per share (EPS) increased from -3.37 in March 2021 to 8.5 in March 2025, indicating a strong recovery and profitability. On the balance sheet, total assets grew from 7.14 Cr in March 2021 to 6,336.62 Cr in March 2025, while total liabilities decreased from 7.14 Cr to 6,336.62 Cr, reflecting improved financial stability. Cash flow from operating activities also increased significantly, reaching 246 Cr in March 2025, up from 0 Cr in March 2021, showcasing enhanced cash generation capabilities. Overall, Eureka Forbes has shown a strong upward trajectory in financial performance over the years.

Is Eureka Forbes overvalued or undervalued?

As of November 28, 2025, Eureka Forbes is considered overvalued with a fair valuation grade, reflected by its high PE ratio of 68.08 compared to peers like Whirlpool India at 40.44, despite a recent strong performance.

As of 28 November 2025, Eureka Forbes has moved from an attractive to a fair valuation grade. The company appears to be overvalued given its high valuation ratios, including a PE ratio of 68.08, an EV to EBITDA of 41.96, and a PEG ratio of 1.84. These metrics suggest that the stock is priced significantly higher than its earnings and growth prospects would justify.<BR><BR>In comparison to its peers, Eureka Forbes' PE ratio is notably higher than that of Whirlpool India, which has a PE of 40.44 and is rated as attractive. Additionally, LG Electronics, which does not qualify for a valuation grade, has a PE of 51.12, further highlighting the relative overvaluation of Eureka Forbes. Despite a recent strong performance, with a 1-week return of 11.14% compared to the Sensex's 0.56%, the overall valuation metrics indicate that the company is overvalued in the current market.

Is Eureka Forbes technically bullish or bearish?

As of December 2, 2025, the trend is bullish with moderate strength, supported by bullish moving averages and KST indicators, although caution is advised due to a bearish weekly RSI.

As of 2 December 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish moving averages on the daily timeframe, and a bullish KST on both weekly and monthly timeframes. However, the weekly RSI is bearish, which suggests some caution. Overall, the combination of bullish signals from moving averages and KST supports the bullish outlook despite mixed signals from the RSI and MACD on the monthly timeframe.

Are Eureka Forbes Ltd latest results good or bad?

Eureka Forbes Ltd's latest results show significant challenges, with a 71.41% drop in net profit and a decline in profit margins, despite a 7.97% year-on-year revenue increase. Investors should approach the stock with caution due to these concerning indicators of financial health.

Eureka Forbes Ltd's latest results indicate significant challenges, particularly in profitability. While the company reported a revenue increase of 7.97% year-on-year, reaching ₹645.40 crores, this figure reflects a concerning sequential decline of 16.41% from the previous quarter. More troubling is the drastic drop in net profit, which fell by 71.41% year-on-year to just ₹10.02 crores. <BR><BR>The company's profit after tax (PAT) margin has also compressed sharply to 1.55%, down from 5.86% in the same period last year. This margin compression, alongside a decline in operating margins from 12.65% to 10.63%, highlights operational difficulties that overshadow the topline growth. <BR><BR>Overall, the results suggest that Eureka Forbes is facing significant operational challenges, raising concerns about the sustainability of its business model and profitability moving forward. Investors may want to approach the stock with caution given these indicators of deteriorating financial health.

Should I buy, sell or hold Eureka Forbes Ltd?

Why is Eureka Forbes Ltd falling/rising?

As of 05-Feb, Eureka Forbes Ltd's stock price is rising by 0.82% to 508.40, following a trend reversal after two days of decline. Despite this uptick, the stock has underperformed its sector and shows a significant long-term downward trend, compounded by challenges such as low management efficiency and a high percentage of pledged shares.

As of 05-Feb, Eureka Forbes Ltd's stock price is currently rising, with a change of 4.15 (0.82%) to a current price of 508.40. This uptick follows a trend reversal after two consecutive days of decline. However, it is important to note that the stock has underperformed its sector by 0.69% today and has experienced a significant drop of 20.95% over the past month, indicating a longer-term downward trend.<BR><BR>Despite the recent rise, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a generally bearish sentiment. Additionally, the stock touched an intraday low of Rs 480.5, reflecting a decline of 4.71% at one point during the day. <BR><BR>On a positive note, there has been a notable increase in investor participation, with delivery volume rising by 373.64% compared to the 5-day average, indicating a potential interest from investors. The company also has a low debt-to-equity ratio and has shown healthy long-term growth in operating profit, which could support the stock price in the future.<BR><BR>However, the company faces challenges such as poor management efficiency, with a low return on equity (ROE) of 3.17%, and flat results in the most recent quarter, where both profit before tax and profit after tax fell significantly compared to previous averages. Furthermore, a substantial 53.66% of promoter shares are pledged, which can exert additional downward pressure on the stock in a declining market.<BR><BR>In summary, while Eureka Forbes Ltd's stock is currently experiencing a rise, it is essential to consider the broader context of its recent performance and the underlying challenges it faces.

Which are the latest news on Eureka Forbes?