Eureka Forbes Ltd

Eureka Forbes Ltd

₹ 473 -3.52%
20 May 4:01 p.m.
About

Eureka Forbes Limited is India’s leading health and hygiene brand. Its product portfolio encompasses water purification, vacuum cleaning and air purification.[1]

Key Points

Leadership[1]
EFL is the market leader in water purifiers and vacuum cleaners segments with a market share of over 40% and 60% respectively.

  • Market Cap 9,167 Cr.
  • Current Price 473
  • High / Low 668 / 355
  • Stock P/E 48.2
  • Book Value 236
  • Dividend Yield 0.00 %
  • ROCE 5.86 %
  • ROE 4.24 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 160% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 3.48% over last 3 years.
  • Promoters have pledged 53.7% of their holding.
  • Promoter holding has decreased over last 3 years: -10.0%

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
508 505 592 539 553 553 673 598 613 608 773 645 684
461 459 541 496 500 498 601 539 535 546 678 578 599
Operating Profit 47 46 51 42 53 55 72 59 78 61 96 67 85
OPM % 9% 9% 9% 8% 10% 10% 11% 10% 13% 10% 12% 10% 12%
-5 2 2 3 -13 2 6 4 6 7 6 -35 5
Interest 3 3 3 2 2 2 2 1 1 1 2 3 2
Depreciation 13 13 13 13 14 14 14 15 15 16 16 17 20
Profit before tax 26 31 37 30 24 42 62 47 68 52 83 12 68
Tax % 37% 29% 31% 25% 12% 25% 25% 26% 25% 25% 26% 27% 25%
16 22 25 23 21 31 47 35 51 39 62 9 51
EPS in Rs 0.84 1.14 1.32 1.17 1.11 1.61 2.41 1.80 2.62 1.99 3.18 0.47 2.64
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0 28 33 27 26 16 8 381 2,080 2,189 2,436 2,710
0 28 32 27 26 16 9 363 1,949 1,997 2,173 2,401
Operating Profit 0 1 2 -1 -0 -0 -1 18 132 192 263 310
OPM % 2% 5% -3% -1% -0% -17% 5% 6% 9% 11% 11%
0 0 -0 0 0 0 0 2 -30 -7 19 -17
Interest 0 0 1 0 0 0 0 4 20 10 6 8
Depreciation 0 0 0 0 0 0 0 9 55 53 58 69
Profit before tax 0 0 1 -1 -1 -1 -2 7 27 122 219 216
Tax % -8% 8% 9% -9% 56% 1% 59% 37% 25% 25% 26%
0 0 1 -1 -1 -1 -2 3 17 92 163 160
EPS in Rs 0.00 0.50 2.62 -4.70 -2.48 -1.84 -3.38 0.14 0.88 4.73 8.44 8.28
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 58%
5 Years: 222%
3 Years: 9%
TTM: 11%
Compounded Profit Growth
10 Years: 106%
5 Years: 160%
3 Years: 89%
TTM: 20%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 9%
1 Year: -24%
Return on Equity
10 Years: 3%
5 Years: 3%
3 Years: 3%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 0.05 3 3 3 3 5 5 193 193 193 193 193
Reserves -0 -1 -0 -2 -2 -3 -5 3,874 3,886 4,010 4,191 4,380
0 4 4 4 4 2 2 253 139 39 26 29
0 12 12 9 9 7 5 1,815 1,810 1,878 1,899 2,100
Total Liabilities 0 18 18 14 14 10 7 6,135 6,029 6,120 6,310 6,702
0 1 0 0 0 0 0 5,498 5,475 5,457 5,466 5,511
CWIP 0 0 0 0 0 0 0 0 2 1 2 0
Investments 0 0 0 0 0 0 0 87 101 80 84 88
0 17 18 14 14 10 7 550 451 582 758 1,103
Total Assets 0 18 18 14 14 10 7 6,135 6,029 6,120 6,310 6,702

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1 0 37 171 195 226 242
0 0 7 -22 -35 -168 -175
-1 -0 -31 -150 -117 -43 -22
Net Cash Flow -1 -0 13 -1 43 14 45
Free Cash Flow 1 0 33 160 169 170 157
CFO/OP -1,200% 11% 212% 133% 101% 83% 78%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 156 141 107 110 63 110 147 22 23 27 31
Inventory Days 34 21 37 33 90 109 638 91 99 87 121
Days Payable 164 153 137 143 159 256 549 99 89 67 76
Cash Conversion Cycle 26 10 7 1 -7 -37 235 14 33 47 77
Working Capital Days 37 34 31 -48 -33 -105 -546 -103 -87 -71 -46
ROCE % 20% 24% -12% -5% -4% -58% 0% 2% 3% 5% 6%

Insights

In beta
Mar 2022 Mar 2023 Mar 2024 Mar 2025
Customer Database / Active Customer Relationships
Million

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Number of Pin Codes Covered
Count
Retail Outlets Presence
Count
App Monthly Active Users (MAU)
Million
Frontline Team Strength
Count
Number of Service Technicians
Count
Active Dealers/Distributors
Count
Top of Mind Awareness (Aquaguard)
%
Water Purifier SKUs
Count

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
72.56% 72.56% 72.56% 62.56% 62.56% 62.56% 62.56% 62.56% 62.56% 62.56% 62.56% 62.56%
10.76% 10.61% 10.76% 16.01% 13.21% 12.62% 12.56% 12.53% 14.00% 13.72% 13.87% 13.66%
2.73% 3.45% 4.00% 5.64% 6.30% 6.67% 6.60% 7.01% 6.35% 6.38% 6.45% 6.16%
0.86% 0.86% 0.86% 0.86% 0.86% 0.86% 0.86% 0.86% 0.86% 0.86% 0.86% 0.86%
13.10% 12.53% 11.83% 14.93% 17.08% 17.29% 17.41% 17.03% 16.23% 16.48% 16.27% 16.77%
No. of Shareholders 14,83615,83821,84326,75128,11531,62832,45330,68329,63831,45934,15935,383

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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