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.

Which are the latest news on Eureka Forbes?

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.

Should I buy, sell or hold Eureka Forbes Ltd?

Why is Eureka Forbes Ltd falling/rising?

As of 20-May, Eureka Forbes Ltd's stock price is at 473.15, down 3.52%, reflecting a significant decline over recent days and poor performance metrics. The stock's struggles are compounded by low profitability, high promoter pledging, and negative investor sentiment, leading to a loss of confidence.

As of 20-May, Eureka Forbes Ltd's stock price is falling, currently at 473.15, which reflects a decrease of 17.25 or 3.52%. The stock has been on a downward trend, having lost 8.81% over the last four days, and it has underperformed the sector by 3.71% today. Additionally, the stock has touched an intraday low of Rs 464, indicating a significant decline of 5.38% during the trading session.<BR><BR>The stock's performance over various periods also highlights its struggles; it has generated a return of -24.66% over the past year and -23.35% year-to-date, both of which are considerably worse than the broader market indices. The company's low Return on Equity (ROE) of 2.96% suggests poor management efficiency and profitability, further contributing to investor concerns. Moreover, 53.66% of promoter shares are pledged, which can exert additional downward pressure on the stock price in a declining market.<BR><BR>Despite some positive factors, such as being net-debt free and having healthy long-term growth in net sales and operating profit, these have not been sufficient to offset the negative sentiment surrounding the stock. The combination of poor recent performance, low profitability metrics, and high promoter pledging has led to a decline in investor confidence, resulting in the stock's falling price.