Eureka Forbes

Why is Eureka Forbes Ltd falling/rising?

As of 01-Sep, Eureka Forbes Ltd's stock price is declining, currently at 427.15, down 0.86%. The stock has underperformed its sector, showing a significant year-to-date drop of 30.80%, with decreased investor participation and mixed financial performance contributing to the bearish trend.

As of 01-Sep, Eureka Forbes Ltd's stock price is falling, currently at 427.15, reflecting a decrease of 3.7 points or 0.86%. This decline is supported by several factors. The stock has underperformed its sector today by 0.57%, and it reached an intraday low of Rs 412.95, which is a drop of 4.15%. Additionally, the stock's performance over the past week shows a modest gain of 4.27%, but it has experienced a significant decline of 4.80% over the past month and a staggering 30.80% year-to-date.<BR><BR>Investor participation has also decreased, with delivery volume falling by 30.88% compared to the 5-day average, indicating a lack of confidence among investors. Furthermore, the stock is trading below its longer-term moving averages, which suggests a bearish trend. The company's financial performance has been mixed; while it is net-debt free and has shown healthy long-term growth in net sales and operating profit, it also suffers from poor management efficiency, as indicated by a low return on equity (ROE) of 2.96%. <BR><BR>Moreover, the company reported flat results in its latest quarter, with both profit before tax and profit after tax falling compared to previous averages. The high percentage of pledged promoter shares, at 53.66%, adds to the downward pressure on the stock, especially in a falling market. Overall, these factors contribute to the stock's current decline.

Which are the latest news on Eureka Forbes?

Who are in the management team of Eureka Forbes?

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), who oversee the company's operations and strategic direction.

The management team of Eureka Forbes includes the following individuals:<BR><BR>1. Marzin Roomi Shroff - 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 company's operations and strategic direction.

What does Eureka Forbes do?

Eureka Forbes Ltd specializes in health, hygiene, and safety products and services, having transitioned to this focus in February 2022. As of June 2026, it reported net sales of 700 Cr and a net profit of 57 Cr, with a market cap of INR 8,162 Cr.

Overview:<BR>Eureka Forbes Ltd operates in the Electronics & Appliances industry, focusing on health, hygiene, and safety products and services.<BR><BR>History:<BR>Eureka Forbes Ltd was incorporated on November 26, 2008, and underwent a name change from Forbes Enviro Solutions Limited. The company transitioned to its current focus on health, hygiene, and safety products and services effective February 01, 2022. The latest reported quarter for net sales and profit is June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 700 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 57 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 8,162 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 43.00 <BR>Industry P/E: 55 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.10 <BR>Return on Equity: 4.18% <BR>Price to Book: 1.80 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Eureka Forbes?

Eureka Forbes' peers include Amber Enterprises, PG Electroplast, Crompton Greaves Consumer, V-Guard Industries, Whirlpool India, TTK Prestige, Cello World, IFB Industries, Bosch Home Comfort, and Hawkins Cookers. In terms of performance, PG Electroplast leads with an 8.37% 1-year return, while Eureka Forbes has a return of -23.82%.

Peers: The peers of Eureka Forbes are Amber Enterp., PG Electroplast, Crompton Gr. Con, V-Guard Industri, Whirlpool India, TTK Prestige, Cello World, IFB Industries, Bosch Home Comfo, and Hawkins Cookers.<BR><BR>Quality Snapshot: Excellent management risk is observed at Hawkins Cookers, while Good management risk is found at Crompton Gr. Con, V-Guard Industri, and TTK Prestige, and the rest have Average management risk. Eureka Forbes has Excellent growth, alongside Amber Enterp. and PG Electroplast, while Good growth is noted at IFB Industries, and the rest have Below Average growth. Eureka Forbes and the rest have Excellent capital structure, while Crompton Gr. Con, V-Guard Industri, Whirlpool India, TTK Prestige, Cello World, and Bosch Home Comfo have Excellent capital structure, and the rest have Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PG Electroplast at 8.37%, while the lowest is Crompton Gr. Con at -28.79%. Eureka Forbes has a 1-year return of -23.82%, which is higher than Crompton Gr. Con but lower than PG Electroplast. Additionally, Whirlpool India, Cello World, and Hawkins Cookers have negative six-month returns.

How big is Eureka Forbes?

As of 31st August, Eureka Forbes Ltd has a market capitalization of 8,162.00 Cr, with recent Net Sales of 2,801.60 Cr and a Net Profit of 180.93 Cr. Shareholder's Funds are 4,599.17 Cr and Total Assets amount to 6,733.92 Cr as of March 2026.

As of 31st August, Eureka Forbes Ltd has a market capitalization of 8,162.00 Cr, categorizing it as a Small Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 2,801.60 Cr and a Net Profit of 180.93 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, with Shareholder's Funds amounting to 4,599.17 Cr and Total Assets totaling 6,733.92 Cr.

Should I buy, sell or hold Eureka Forbes Ltd?

When is the next results date for Eureka Forbes Ltd?

The next results date for Eureka Forbes Ltd is 12 August 2026.

The next results date for Eureka Forbes Ltd is scheduled for 12 August 2026.

Are Eureka Forbes Ltd latest results good or bad?

Eureka Forbes Ltd's latest results show strong revenue growth, with a 409.28% increase in net profit to ₹51.03 crore in Q4 FY26. However, concerns about flat operating margins and low return on equity suggest challenges in profitability, indicating that while top-line growth is positive, operational health may be a concern for investors.

Eureka Forbes Ltd's latest results present a mixed picture. On one hand, the company reported a significant quarter-on-quarter increase in net profit, rising by 409.28% to ₹51.03 crore in Q4 FY26, which is a recovery from a very weak previous quarter. Additionally, revenue grew by 5.94% quarter-on-quarter and 11.60% year-on-year, reaching ₹683.72 crore. This indicates that the company is managing to capture market share in its segments, particularly in water purification and vacuum cleaning systems.<BR><BR>However, there are notable concerns regarding profitability. The operating margin remained relatively flat at 12.51%, and the profit growth year-on-year was only 3.09%, which suggests that while revenues are increasing, the company is facing challenges in maintaining its margins. Furthermore, the return on equity (ROE) is quite low at 4.10%, indicating inefficiencies in generating returns for shareholders.<BR><BR>Overall, while the revenue growth is commendable, the significant margin compression and low capital efficiency raise red flags about the company's operational health. Investors should be cautious, as the strong top-line growth does not currently translate into robust profitability.

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.

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.

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.

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.

Has Eureka Forbes declared dividend?

No Dividend History Available