Eureka Forbes Ltd
Eureka Forbes Limited (EFL) is a part of the Shapoorji Pallonji group and is engaged in the health & hygiene segment with product
profiles comprising water purifiers, vacuum cleaners, air purifiers, and home security systems.[1]
- Market Cap ₹ 9,478 Cr.
- Current Price ₹ 490
- High / Low ₹ 599 / 355
- Stock P/E 93.9
- Book Value ₹ 215
- Dividend Yield 0.00 %
- ROCE 2.18 %
- ROE 1.04 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 91.7 to 21.6 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoters have pledged 100% of their holding.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Consumer Durables Industry: Domestic Appliances
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|
8 | 382 | 2,085 | 2,144 | |
9 | 363 | 1,939 | 1,946 | |
Operating Profit | -1 | 18 | 145 | 198 |
OPM % | -17% | 5% | 7% | 9% |
0 | 2 | -30 | 2 | |
Interest | 0 | 4 | 20 | 12 |
Depreciation | 0 | 9 | 56 | 53 |
Profit before tax | -2 | 7 | 39 | 135 |
Tax % | -1% | 63% | 31% | |
-2 | 3 | 26 | 95 | |
EPS in Rs | -3.38 | 0.13 | 1.37 | 4.91 |
Dividend Payout % | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 10% |
Compounded Profit Growth | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 194% |
Stock Price CAGR | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 25% |
Return on Equity | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|
Equity Capital | 5 | 193 | 193 | 193 |
Reserves | -5 | 3,883 | 3,904 | 3,969 |
2 | 256 | 140 | 80 | |
5 | 1,794 | 1,792 | 1,850 | |
Total Liabilities | 7 | 6,127 | 6,029 | 6,092 |
0 | 5,505 | 5,481 | 5,470 | |
CWIP | 0 | 0 | 2 | 2 |
Investments | 0 | 62 | 76 | 53 |
7 | 560 | 470 | 568 | |
Total Assets | 7 | 6,127 | 6,029 | 6,092 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
0 | 37 | 181 | |
0 | 12 | -26 | |
-0 | -31 | -154 | |
Net Cash Flow | -0 | 18 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
Debtor Days | 110 | 144 | 22 |
Inventory Days | 109 | 656 | 96 |
Days Payable | 256 | 499 | 91 |
Cash Conversion Cycle | -37 | 300 | 27 |
Working Capital Days | -35 | -330 | -79 |
ROCE % | 1% | 2% |
Documents
Announcements
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Certificate Under Regulation 40(9) Of The SEBI (LODR) Regulations, 2015
24h - Certificate received from M/s Mihen Halani & Associates, Practicing Company Secretary for the Financial Year ended March 31, 2024
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Compliance Certificate Pursuant To Regulation 7(3) Of SEBI LODR
12 Apr - Compliance Certificate pursuant to Regulation 7(3) of SEBI LODR for the year ended March 31, 2024 attached herewith
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Apr - DP) Regulations, 2018, please find the Compliance certificate received from the Company''s RTA attached herewith.
- Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ("SEBI LODR") 10 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 8 Apr
Annual reports
Concalls
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Feb 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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Jun 2023Transcript PPT REC
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Feb 2023TranscriptNotesPPT
Flagship Products[1]
Aquaguard is the award-winning water purifier brand of Eureka Forbes. The Forbes vacuum cleaners are market leaders of the company and remain as #1 vacuum cleaner brand in 2020-21. Other products under the Eureka Forbes umbrella include Dr. Aeroguard, Forbes Health Conditioner, and Air purifiers.