Eureka Forbes Limited
₹312.65-₹11.65 (-3.6%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹10,988 Cr
- P/E
- 59.7x
- EV / EBITDA
- 59.0x
- Revenue
- ₹2,436 Cr
- Net margin
- 4.2%
- ROCE
- 4.5%
Price chart
Technical chartScreen technicals →-44.8% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -13.4%
- 3M
- -30.6%
- 6M
- -37.4%
- 1Y
- -44.8%
- 5Y
- -30.0%
52-week range
Day change -₹11.65 (-3.6%) from ₹324 to ₹313 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in EUREKAFORB, bought on each weekday since 2022.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 167.4%
Concerns1
- Low return on equity of 2.2%
Rule-based from financial data. Not advice.
About the company
Eureka Forbes Limited engages in manufacturing, trading, renting, selling, and servicing of vacuum cleaners, water filter cum purifiers, electronic air cleaning systems, and related products in India and internationally. It also offers water solutions.
Read moreShow less
Eureka Forbes Limited engages in manufacturing, trading, renting, selling, and servicing of vacuum cleaners, water filter cum purifiers, electronic air cleaning systems, and related products in India and internationally. It also offers water solutions. It serves B2C, educational institutions, retail stores, households, B2B clients, banks, IT firms, hospitals, SMEs, and hotels, as well as government institutions, including railways, armed forces, and various departments through government e-markets. The company was formerly known as Forbes Enviro Solutions Limited and changed its name to Eureka Forbes Limited in February 2022. Eureka Forbes Limited was founded in 1982 and is based in Mumbai, India. As of April 25, 2022, Eureka Forbes Limited operates as a subsidiary of Lunolux Limited.
- Sector
- Consumer Discretionary
- Shares outstanding
- 19.3 Cr shares
- ISIN
- INE0KCE01017
- BSE code
- 543482
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹10,988 Cr
- P/E
- 59.7x
- P/B
- 2.5x
- EV / EBITDA
- 59.0x
- EV / Sales
- 5.0x
- P/S
- 5.0x
- Earnings yield
- 1.7%
- 52-week high
- ₹652.20
- 52-week low
- ₹302.90
Profitability
- Operating margin
- 8.8%
- Net margin
- 4.2%
- EBITDA margin
- 8.5%
- ROE
- 2.2%
- ROCE
- 4.5%
- ROA
- 1.5%
- Dividend payout
- 0.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- -5.7%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2,436 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 11.3%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 167.4%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹185 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 81.4%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 77.2%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹195 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 14.0%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹14.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 1.5%
Solvency and efficiency
- Current ratio
- 0.35
- Debt / Equity
- 0.01
- Debt / Assets
- 0.01
- Debt / EBITDA
- 0.21
- Interest coverage
- 19.20
- Financial leverage
- 1.46
- CFO / Net profit
- 2.12
- Cash / Market cap
- 5.3%
- Cash per share
- ₹30.19
- Asset turnover
- 0.36
- Fixed asset turnover
- 0.40
- Capital intensity
- 2.49
- Debtor days
- 23 days
- Inventory turnover
- 3.69
- Cash conversion cycle
- 33 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹7 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹2,173 Cr |
| Sales | Operating profit | ₹263 Cr |
| Operating profit | Interest | ₹6 Cr |
| Operating profit | Depreciation | ₹58 Cr |
| Operating profit | Profit before tax | ₹199 Cr |
| Other income | Profit before tax | ₹19 Cr |
| Profit before tax | Tax and other | ₹56 Cr |
| Profit before tax | Net profit | ₹163 Cr |
Revenue and net profit
Revenue grew 11.3% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹8 Cr | -₹2 Cr |
| FY2022 | ₹381 Cr | ₹3 Cr |
| FY2023 | ₹2,080 Cr | ₹17 Cr |
| FY2024 | ₹2,189 Cr | ₹92 Cr |
| FY2025 | ₹2,436 Cr | ₹163 Cr |
Cash flows
FY2025: ₹226 Cr from operations, ₹58.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹0 Cr | ₹0 Cr |
| FY2022 | ₹37 Cr | ₹44 Cr |
| FY2023 | ₹171 Cr | ₹149 Cr |
| FY2024 | ₹195 Cr | ₹160 Cr |
| FY2025 | ₹226 Cr | ₹58 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹2,436 Cr+11.3%1Y
- Net profit
- ₹163 Cr+77.2%1Y
- Cash from operations
- ₹226 Cr
- Free cash flow
- ₹58 Cr-63.8%1Y
- Revenue CAGR, 5Y
- 167.4%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹2,436 Cr | ₹263 Cr | — | ₹163 Cr | ₹226 Cr | ₹58 Cr | 3.7% | +11.3% | +77.2% |
Monthly returns
Month-by-month returns of EUREKAFORB across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹6,310 Cr |
| Equity capital | ₹193 Cr |
| Reserves | ₹4,191 Cr |
| Borrowings | ₹26 Cr |
| Other liabilities | ₹1,899 Cr |
| Assets | ₹6,310 Cr |
| Fixed assets | ₹5,466 Cr |
| Capital work in progress | ₹2 Cr |
| Investments | ₹84 Cr |
| Other assets | ₹758 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
EUREKAFORB trades at 59.7x earnings against a peer median of 55.4x.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Eureka Forbes LimitedEUREKAFORBthis company | ₹10,988 Cr | 59.7x | 2.5x | 2.2% | 59.0x |
| Lemon Tree Hotels LimitedLEMONTREE | ₹11,999 Cr | 112.0x | 9.3x | 8.4% | 60.7x |
| Thangamayil Jewellery LimitedTHANGAMAYL | ₹11,670 Cr | 63.5x | 10.0x | 24.9% | 55.0x |
| Bata India LimitedBATAINDIA | ₹11,667 Cr | 63.9x | 7.7x | — | — |
| Cello World LimitedCELLO | ₹11,097 Cr | 113.0x | 7.4x | 8.7% | 118.0x |
| Safari Industries (India) Ltd.SAFARI | ₹10,398 Cr | 79.1x | 10.8x | 19.3% | 40.9x |
| Whirlpool of India LtdWHIRLPOOL | ₹10,267 Cr | 35.6x | 2.9x | 5.2% | 21.9x |
| Medplus Health Services LimitedMEDPLUS | ₹10,126 Cr | 193.0x | 8.0x | 0.8% | 260.9x |
| Le Travenues Technology LimitedIXIGO | ₹9,867 Cr | 143.0x | 12.8x | 12.6% | 182.6x |
| Peer median | — | 55.4x | 6.3x | 11.8% | 36.3x |
Year-to-date ROI
EUREKAFORB since 1 January, against earlier years.
Historical volatility
EUREKAFORB's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | -17.0% |
| FY2022 | 5.0% |
| FY2023 | 6.0% |
| FY2024 | 9.0% |
| FY2025 | 11.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹2,436 Cr |
| Costs | |
| Interest | ₹6 Cr |
| Expenses | ₹2,173 Cr |
| Operating profitOperating Profit | ₹263 Cr |
| Other income and charges | |
| Profit before tax | ₹219 Cr |
| Tax | |
| Net profitNet Profit | ₹163 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹6,310 Cr |
| Equity capitalEquity Capital | ₹193 Cr |
| Reserves | ₹4,191 Cr |
| Borrowings | ₹26 Cr |
| Other liabilitiesOther Liabilities | ₹1,899 Cr |
| AssetsTotal Assets | ₹6,310 Cr |
| Fixed assetsFixed Assets | ₹5,466 Cr |
| Capital work in progressCWIP | ₹2 Cr |
| Investments | ₹84 Cr |
| Other assetsOther Assets | ₹758 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹226 Cr |
| Investing cash flowCash from Investing Activity | -₹168 Cr |
| Financing cash flowCash from Financing Activity | -₹43 Cr |
| Change in cashNet Cash Flow | ₹14 Cr |
Learn while you research
Academy chapters picked for Eureka Forbes Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 59.7, learn when high multiples are justified.6 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Cyclical vs Defensive StocksConsumer staples behave defensively across the business cycle.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read