Eureka Forbes Ltd

Eureka Forbes Ltd

₹ 585 -0.28%
02 Jul - close price
About

Eureka Forbes Limited (EFL) is a part of the private equity firm advent which was bought from Shapoorjipallonji group company forbes LTD . Company is engaged in the health & hygiene segment with product profiles comprising water purifiers, vacuum cleaners, air purifiers, and home security systems.[1]

Key Points

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.

  • Market Cap 11,309 Cr.
  • Current Price 585
  • High / Low 656 / 440
  • Stock P/E 70.1
  • Book Value 228
  • Dividend Yield 0.00 %
  • ROCE 5.11 %
  • ROE 3.74 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 2.57 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 2.46% over last 3 years.
  • Promoters have pledged or encumbered 53.7% of their holding.
  • Promoter holding has decreased over last 3 years: -11.3%

* 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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
374 526 576 474 509 505 591 539 554 553 673 598 613
354 480 569 435 456 454 539 497 500 497 600 539 536
Operating Profit 20 46 7 39 53 50 52 43 53 56 73 59 77
OPM % 5% 9% 1% 8% 10% 10% 9% 8% 10% 10% 11% 10% 13%
2 1 -15 -10 -5 2 2 3 -13 2 6 4 6
Interest 4 6 6 5 4 3 3 2 2 2 2 1 1
Depreciation 9 14 16 14 13 13 13 13 14 14 14 15 15
Profit before tax 9 27 -30 10 31 36 38 31 24 43 64 47 66
Tax % 48% 27% -30% 32% 33% 29% 32% 25% 13% 26% 25% 26% 26%
5 20 -21 7 21 25 26 23 21 32 48 35 49
EPS in Rs 0.24 1.03 -1.07 0.36 1.06 1.32 1.34 1.19 1.11 1.66 2.47 1.81 2.56
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
8 382 2,085 2,189 2,437
9 363 1,939 1,991 2,171
Operating Profit -1 18 145 199 266
OPM % -17% 5% 7% 9% 11%
0 2 -30 -6 19
Interest 0 4 20 10 6
Depreciation 0 9 56 54 58
Profit before tax -2 7 39 128 221
Tax % 1% 63% 31% 26% 26%
-2 3 26 96 164
EPS in Rs -3.38 0.13 1.37 4.95 8.50
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 86%
TTM: 11%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 306%
TTM: 53%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 20%
1 Year: 17%
Return on Equity
10 Years: %
5 Years: %
3 Years: 2%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 5 193 193 193 193
Reserves -5 3,883 3,904 4,032 4,215
2 256 140 39 26
5 1,794 1,792 1,864 1,904
Total Liabilities 7 6,127 6,029 6,128 6,338
0 5,505 5,481 5,463 5,473
CWIP 0 0 2 1 0
Investments 0 62 76 55 59
7 560 470 609 806
Total Assets 7 6,127 6,029 6,128 6,338

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0 37 181 194 246
0 12 -26 -32 -168
-0 -31 -154 -120 -43
Net Cash Flow -0 18 1 43 34

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 110 144 22 23 27
Inventory Days 109 656 96 104 92
Days Payable 256 499 91 80 66
Cash Conversion Cycle -37 300 27 47 52
Working Capital Days -35 -330 -79 -77 -59
ROCE % 1% 2% 4% 5%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
73.33% 73.23% 73.23% 72.56% 72.56% 72.56% 72.56% 62.56% 62.56% 62.56% 62.56% 62.56%
11.50% 11.55% 11.54% 10.94% 10.76% 10.61% 10.76% 16.01% 13.21% 12.62% 12.56% 12.53%
0.79% 1.22% 1.48% 1.87% 2.73% 3.45% 4.00% 5.64% 6.30% 6.67% 6.60% 7.01%
0.86% 0.86% 0.86% 0.86% 0.86% 0.86% 0.86% 0.86% 0.86% 0.86% 0.86% 0.86%
13.52% 13.15% 12.90% 13.79% 13.10% 12.53% 11.83% 14.93% 17.08% 17.29% 17.41% 17.03%
No. of Shareholders 13,72714,76114,36914,11814,83615,83821,84326,75128,11531,62832,45330,683

* 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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