Eureka Forbes

Why is Eureka Forbes Ltd falling/rising?

As of 11-Jun, Eureka Forbes Ltd's stock price is rising to 436.90, but it has a year-to-date decline of 29.22% and faces challenges such as low management efficiency and decreased investor participation. Despite short-term gains, the overall trend remains bearish.

As of 11-Jun, Eureka Forbes Ltd's stock price is rising, currently at 436.90, with a change of 4.75 (1.1%) upward. This increase can be attributed to its performance today, where it outperformed the sector by 3.37%. Despite this positive movement, the stock has been underperforming in the longer term, with a year-to-date decline of 29.22% and a one-year return of -27.86%. <BR><BR>The stock is currently trading below its moving averages across various time frames, indicating a bearish trend overall. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 37.4% against the five-day average, which may suggest a lack of confidence among investors.<BR><BR>On the positive side, Eureka Forbes is net-debt free and has shown healthy long-term growth, with net sales increasing at an annual rate of 63.22% and operating profit rising by 127.02%. However, the company also faces challenges, including poor management efficiency reflected in a low return on equity of 2.96% and a high percentage of pledged promoter shares, which can exert downward pressure on the stock price in a falling market.<BR><BR>In summary, while the stock is experiencing a short-term rise, the broader context reveals significant challenges that have contributed to its long-term decline.

What does Eureka Forbes do?

Eureka Forbes Ltd is a small-cap company in the Electronics & Appliances sector, specializing in health, hygiene, and safety products and services. As of March 2026, it reported net sales of 684 Cr and a net profit of 51 Cr, with a market cap of INR 8,606 Cr.

Overview: <BR>Eureka Forbes Ltd operates in the Electronics & Appliances industry, focusing on health, hygiene, safety products, and services, and is categorized as a small-cap company.<BR><BR>History: <BR>Eureka Forbes Ltd 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 net profit for March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 684 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 51 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 8,606 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 43.00 <BR>Industry P/E: 52 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.10 <BR>Return on Equity: 4.18% <BR>Price to Book: 1.84 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Which are the latest news on Eureka Forbes?

How big is Eureka Forbes?

As of 10th June, Eureka Forbes Ltd has a market capitalization of 8,606.00 Cr, classifying it as a Small Cap company, with recent net sales of 2,709.07 Cr and a net profit of 162.63 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Eureka Forbes Ltd has a market capitalization of 8,606.00 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 2,709.07 Cr, while the sum of Net Profit for the same period is 162.63 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds stand at 4,408.69 Cr, and Total Assets amount to 6,336.62 Cr.

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.

Who are the peers of the Eureka Forbes?

Eureka Forbes' peers include Amber Enterprises, Crompton Greaves Consumer, PG Electroplast, V-Guard Industries, Whirlpool India, Cello World, TTK Prestige, IFB Industries, and Symphony. In terms of management risk, growth, and capital structure, Eureka Forbes ranks below average compared to its peers, with a 1-year return of -27.68%.

Peers: The peers of Eureka Forbes are Amber Enterp., Crompton Gr. Con, PG Electroplast, V-Guard Industri, Whirlpool India, Cello World, TTK Prestige, IFB Industries, and Symphony.<BR><BR>Quality Snapshot: Excellent management risk is observed at Crompton Gr. Con, V-Guard Industri, and Symphony, while Good management risk is found at Amber Enterp., TTK Prestige, and the rest. Average management risk is present at PG Electroplast, Whirlpool India, Cello World, and IFB Industries. Below Average management risk is noted for Eureka Forbes. For growth, Excellent growth is seen at Amber Enterp., PG Electroplast, and Eureka Forbes, while Below Average growth is noted for Crompton Gr. Con, V-Guard Industri, Whirlpool India, Cello World, TTK Prestige, and Symphony, with Average growth at IFB Industries. Capital Structure is Excellent for Crompton Gr. Con, V-Guard Industri, Whirlpool India, Cello World, TTK Prestige, and Symphony, while Average is seen at Amber Enterp. and PG Electroplast, and Good at IFB Industries.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Amber Enterp. at 12.72%, while the lowest is PG Electroplast at -38.79%. Eureka Forbes has a 1-year return of -27.68%, which is better than PG Electroplast but worse than Amber Enterp. Additionally, several peers, including Cello World, Whirlpool India, and Symphony, have negative six-month returns.

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?

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.

When is the next results date for Eureka Forbes?

No Upcoming Board Meetings

Has Eureka Forbes declared dividend?

No Dividend History Available