Eureka Forbes Ltd

Eureka Forbes Ltd

₹ 450 -2.00%
27 May - close price
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 8,699 Cr.
  • Current Price 450
  • High / Low 668 / 355
  • Stock P/E 45.2
  • Book Value 238
  • Dividend Yield 0.00 %
  • ROCE 5.90 %
  • ROE 4.27 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 161% 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 3.53% 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

Consolidated Figures in Rs. Crores / View Standalone

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
509 505 591 539 554 553 673 598 613 608 772 645 684
456 454 539 497 500 497 600 539 536 546 674 577 598
Operating Profit 53 50 52 43 53 56 73 59 77 61 98 69 86
OPM % 10% 10% 9% 8% 10% 10% 11% 10% 13% 10% 13% 11% 13%
-5 2 2 3 -13 2 6 4 6 7 6 -35 5
Interest 4 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 31 36 38 31 24 43 64 47 66 52 85 14 69
Tax % 33% 29% 32% 25% 13% 26% 25% 26% 26% 26% 26% 27% 26%
21 25 26 23 21 32 48 35 49 39 63 10 51
EPS in Rs 1.06 1.32 1.34 1.19 1.11 1.66 2.47 1.81 2.56 2.00 3.25 0.52 2.64
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
8 382 2,085 2,189 2,437 2,709
9 363 1,939 1,991 2,171 2,396
Operating Profit -1 18 145 199 266 313
OPM % -17% 5% 7% 9% 11% 12%
0 2 -30 -6 19 -17
Interest 0 4 20 10 6 8
Depreciation 0 9 56 54 58 69
Profit before tax -2 7 39 128 221 219
Tax % 1% 63% 31% 26% 26% 26%
-2 3 26 96 164 163
EPS in Rs -3.38 0.13 1.37 4.95 8.50 8.41
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 222%
3 Years: 9%
TTM: 11%
Compounded Profit Growth
10 Years: %
5 Years: 161%
3 Years: 65%
TTM: 20%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 0%
1 Year: -30%
Return on Equity
10 Years: %
5 Years: 3%
3 Years: 4%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 5 193 193 193 193 193
Reserves -5 3,883 3,904 4,032 4,215 4,406
2 256 140 39 26 29
5 1,794 1,792 1,864 1,902 2,107
Total Liabilities 7 6,127 6,029 6,128 6,337 6,735
0 5,505 5,481 5,463 5,471 5,519
CWIP 0 0 2 1 2 0
Investments 0 62 76 55 59 63
7 560 470 609 804 1,153
Total Assets 7 6,127 6,029 6,128 6,337 6,735

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0 37 181 194 246 250
0 12 -26 -32 -168 -198
-0 -31 -154 -120 -43 -22
Net Cash Flow -0 18 1 43 34 30
Free Cash Flow 0 33 167 169 190 163
CFO/OP 11% 207% 129% 99% 91% 80%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 110 144 22 23 27 31
Inventory Days 109 656 96 104 92 125
Days Payable 256 499 91 80 66 76
Cash Conversion Cycle -37 300 27 47 52 80
Working Capital Days -105 -522 -97 -83 -70 -45
ROCE % 1% 2% 4% 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 ・Standalone data
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.

Documents

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