Eureka Forbes Limited

Eureka Forbes Limited (EUREKAFORB) is a small-cap Consumer Durables company valued at ₹6,720 crore operating in Household Appliances on the NSE and BSE.

Recent price move

Eureka Forbes Limited last traded at ₹347.55, modestly up 1.59% on the day.

Recent developments

On 2026-08-12, Eureka Forbes reported a one-time gain that boosted its profit to ₹19.5 crore in the latest quarter, contributing to a 46.1% rise in net profit compared to the same quarter a year earlier. On 2026-07-27, the company announced plans to double revenue to ₹5,400-5,600 crore and triple EBITDA by FY30, citing innovation and omnichannel expansion as key growth drivers starting from FY27.

Financial performance

The company's business has grown, with annual revenue rising 11.2% to ₹2,709 crore, while annual net profit remained flat at ₹163 crore. The latest quarter saw revenue increase 15.2% year-over-year to ₹700 crore, and net profit surged 46.1% to ₹57 crore, driven by a one-time gain. However, the net profit margin narrowed to 6.0% from 6.7% in the prior year, and return on equity remains low at 3.5%.

Valuation multiples

The stock trades at 41.6 times earnings, 1.48 times book value.

Things to watch

The company's net profit margin has declined by 0.7 percentage points to 6.0%, and return on equity remains at 3.5%, indicating weak profitability relative to equity. Promoter shares pledged account for 53.66% of their holding, raising concerns about liquidity. The stock is 47.3% below its 52-week high, reflecting a significant drop from its peak.

Where it stands

Eureka Forbes has shown strong revenue growth, with a 15.2% rise in the latest quarter and a 9.2% three-year CAGR, but profit growth has been uneven, with a 46.1% jump in the latest quarter offset by a flat annual net profit. The company's net profit margin has narrowed, and it has not paid dividends despite reporting profits. The stock is significantly below its 52-week high, and promoter pledging adds to the risk profile.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.