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 17-Mar, Eureka Forbes Ltd's stock price is at 428.00, down 2.12%, reflecting a bearish trend with significant declines over the past month and year-to-date. The stock underperforms its sector and market, with low profitability metrics and reduced investor interest contributing to its ongoing decline.

As of 17-Mar, Eureka Forbes Ltd's stock price is falling, currently at 428.00, reflecting a decrease of 9.25 (-2.12%). The stock has been on a downward trend, having lost 3.96% over the last three days and underperformed its sector by 2.16% today. Additionally, the stock has consistently traded below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment among investors.<BR><BR>The stock's performance over various periods also highlights its struggles; it has declined by 19.99% over the past month and 30.66% year-to-date, significantly underperforming the broader market, as evidenced by the Sensex's respective declines of 8.84% and 10.74%. Furthermore, the company's financial metrics reveal concerns, including a low Return on Equity (ROE) of 3.17%, which signifies low profitability relative to shareholders' funds. The company has also reported flat results, with a 14.3% decline in profit before tax and a 14.7% decrease in profit after tax compared to previous quarters.<BR><BR>Investor participation has waned, with delivery volumes dropping by 41.12% against the 5-day average, suggesting reduced interest in the stock. Additionally, the fact that 53.66% of promoter shares are pledged adds to the negative sentiment, as this can exert further downward pressure on the stock price in a declining market. Overall, these factors contribute to the ongoing decline in Eureka Forbes Ltd's stock price.

Why is Eureka Forbes Ltd falling/rising?

As of 18-Mar, Eureka Forbes Ltd's stock price is rising to 454.65, a 5.73% increase, driven by positive sector performance, increased investor participation, and attractive valuation metrics despite a poor annual return.

As of 18-Mar, Eureka Forbes Ltd's stock price is rising, with a current price of 454.65, reflecting a change of 24.65 or 5.73% increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 4.31% today, indicating a positive trend in comparison to its peers. Additionally, there has been a trend reversal as the stock gained after three consecutive days of decline, suggesting a potential recovery phase.<BR><BR>The stock also reached an intraday high of Rs 458, marking a 6.51% increase, which further demonstrates investor confidence. Notably, there has been a rise in investor participation, with delivery volume increasing by 17.33% compared to the five-day average, indicating growing interest among investors.<BR><BR>Moreover, the company has a low Debt to Equity ratio, which is favorable, and its operating profit has shown significant growth at an annual rate of 58.96%. Despite the stock's poor performance over the past year, with a return of -14.54%, the company's profits have risen by 28.8%, and it is trading at a discount compared to its peers' average historical valuations. This attractive valuation, alongside a PEG ratio of 1.6, may also contribute to the stock's rising price as investors look for value opportunities.<BR><BR>In summary, the combination of positive sector performance, increased investor participation, and attractive valuation metrics are key factors driving the rise in Eureka Forbes Ltd's stock price.

Why is Eureka Forbes Ltd falling/rising?

As of 19-Mar, Eureka Forbes Ltd's stock price is rising to 457.00, reflecting a short-term gain despite a year-to-date decline of -25.96% and long-term challenges such as low ROE and pledged promoter shares. The recent increase is attributed to sector outperformance and investor interest following a recovery from an initial loss.

As of 19-Mar, Eureka Forbes Ltd's stock price is rising, currently at 457.00, reflecting a change of 2.35 (0.52%) upward. This increase can be attributed to several factors. Notably, the stock has outperformed its sector by 1.98% today and has shown a consecutive gain over the last two days, accumulating a total return of 6.28% during this period. Additionally, despite opening with a loss of -2.02%, the stock reached an intraday high of Rs 472.15, indicating some recovery and investor interest.<BR><BR>However, it is essential to consider the broader context of the stock's performance. While the stock has seen a short-term rise, its year-to-date performance shows a decline of -25.96%, and it has generated a return of -13.89% over the past year. This long-term underperformance, combined with a low Return on Equity (ROE) of 3.17% and a significant percentage of promoter shares being pledged (53.66%), suggests underlying challenges that could affect future price movements.<BR><BR>In summary, the current rise in Eureka Forbes Ltd's stock price is primarily driven by short-term gains and sector outperformance, despite ongoing concerns regarding its long-term performance and management efficiency.

Why is Eureka Forbes Ltd falling/rising?

As of 20-Mar, Eureka Forbes Ltd's stock price is rising to Rs 461.50, reflecting a 1.04% increase. This uptick is driven by recent positive trading momentum and strong short-term performance, despite a challenging year-to-date decline and underlying concerns regarding low return on equity and pledged shares.

As of 20-Mar, Eureka Forbes Ltd's stock price is rising, currently at Rs 461.50, with a change of 4.75 (1.04%) upwards. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.41% today and has been on a consecutive gain streak for the last three days, accumulating a total return of 7.33% during this period. Additionally, the stock reached an intraday high of Rs 466.9, reflecting positive trading momentum.<BR><BR>Despite a challenging year-to-date performance, where the stock has declined by 25.23%, the recent short-term performance has been more favorable, with a weekly gain of 5.38% compared to a slight decline in the Sensex. The company also demonstrates healthy long-term growth potential, as indicated by an annual operating profit growth rate of 58.96%. Furthermore, the stock is trading at a discount relative to its peers, which may attract investors looking for value.<BR><BR>However, it is important to note that there are underlying concerns, such as a low return on equity (ROE) of 3.17% and a significant portion of promoter shares being pledged (53.66%), which could exert downward pressure in a falling market. Despite these negatives, the current upward movement in stock price suggests that investors may be responding positively to the recent performance and growth indicators.

Why is Eureka Forbes Ltd falling/rising?

As of 23-Mar, Eureka Forbes Ltd's stock price is declining, currently at 436.60, down 5.75%. This drop is due to underperformance against its sector, high volatility, and bearish trends indicated by moving averages, alongside decreased investor participation and poor management efficiency.

As of 23-Mar, Eureka Forbes Ltd's stock price is falling, currently at 436.60, reflecting a decrease of 26.65 (-5.75%). This decline can be attributed to several factors. The stock has underperformed its sector by 1.37% today and has experienced a trend reversal after three consecutive days of gains. It reached an intraday low of Rs 428.9, marking a significant drop of 7.42%. The stock has also shown high volatility today, with an intraday volatility of 5.11%.<BR><BR>Moreover, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has decreased significantly, with delivery volume dropping by 75.6% compared to the 5-day average. The broader market context is also unfavorable, as the Domestic Appliances sector has fallen by 4.42%.<BR><BR>Financially, while the company has shown healthy long-term growth with an operating profit increase of 58.96% and a PEG ratio of 1.6, it suffers from poor management efficiency, reflected in a low return on equity (ROE) of 3.17%. Additionally, the company has reported flat results in its latest quarterly earnings, with both profit before tax and profit after tax falling by 14.3% and 14.7%, respectively, compared to previous averages.<BR><BR>The presence of pledged shares, with 53.66% of promoter shares pledged, adds further downward pressure in a declining market. Overall, these factors contribute to the stock's current downward trajectory.

Why is Eureka Forbes Ltd falling/rising?

As of 24-Mar, Eureka Forbes Ltd's stock price is rising to 441.20, driven by strong day-to-day performance and increased investor participation, despite longer-term underperformance. The stock's attractive valuation metrics may also appeal to value-seeking investors.

As of 24-Mar, Eureka Forbes Ltd's stock price is rising, currently at 441.20, reflecting a change of 8.75 (2.02%) upward. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector today by 1.53%, indicating positive investor sentiment. Additionally, the stock reached an intraday high of Rs 447.1, which is a 3.39% increase, showcasing strong trading activity.<BR><BR>Moreover, there has been a notable rise in investor participation, with a delivery volume of 1.94 lacs on 23 March, which is 16.4% higher than the 5-day average. This suggests increased interest from investors, contributing to the upward movement in the stock price.<BR><BR>Despite the positive performance today, it is important to note that the stock has been underperforming over longer periods, with a year-to-date decline of 28.52% and a 1-year return of -15.80%. However, the company's operating profit has grown at an impressive annual rate of 58.96%, and it is trading at a discount compared to its peers, which may attract investors looking for value.<BR><BR>In summary, the current rise in Eureka Forbes Ltd's stock price is primarily driven by strong day-to-day performance, increased investor participation, and attractive valuation metrics, despite its longer-term challenges.

Why is Eureka Forbes Ltd falling/rising?

As of 25-Mar, Eureka Forbes Ltd's stock price is rising to 457.00, reflecting a 3.56% increase. This short-term gain contrasts with a year-to-date decline of 25.96%, but the company's strong operating profit growth and discounted valuation may attract investor interest.

As of 25-Mar, Eureka Forbes Ltd's stock price is rising, currently at 457.00, reflecting a change of 15.7 (3.56%) upward. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 2.41% today and has been on a consecutive gain for the last two days, accumulating a total return of 5.68% during this period. Additionally, it opened with a gain of 2.01% today and reached an intraday high of Rs 457.05.<BR><BR>Despite the positive short-term performance, it is important to note that the stock has faced challenges in the longer term, with a year-to-date decline of 25.96% and a one-year return of -13.12%. However, the company's operating profit has shown healthy long-term growth, increasing at an annual rate of 58.96%, which may contribute to investor confidence. The stock is also trading at a discount compared to its peers' average historical valuations, indicating potential value.<BR><BR>On the downside, the company has a low Return on Equity (ROE) of 3.17%, which signifies low profitability per unit of shareholders' funds, and 53.66% of promoter shares are pledged, which can exert downward pressure in falling markets. Nonetheless, the recent positive price movement suggests that investors may be reacting favorably to the company's growth potential despite the existing challenges.

Which are the latest news on Eureka Forbes?