MarketFriction

Eureka Forbes Ltd

NSE EUREKAFORB · BSE 543482 · Household Appliances
₹352.50 -2.35%
NSE close2026-10-01
52 week range350.00 - 668.30
Market cap₹7,022 Cr.
P/E35.1
Price band 20% Delivery 50.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales592539553553673598613608773645684701
Expenses541496500498601539535546678578599633
Operating Profit514253557259786196678567
OPM %9%8%10%10%11%10%13%10%12%10%12%10%
Other Income23-13264676-35527
Interest322221112321
Depreciation131314141415151616172019
Profit before tax373024426247685283126874
Tax %31%25%12%25%25%26%25%25%26%27%25%26%
Net Profit25232131473551396295155
EPS in Rs1.321.171.111.612.411.802.621.993.180.472.642.87
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales283327261683812,0802,1892,4362,7102,804
Expenses283227261693631,9491,9972,1732,4002,488
Operating Profit12-1-0-0-118132192263310316
OPM %2.2%4.7%-3.1%-1.2%-0.5%-17%4.7%6%9%11%11%11%
Other Income0-000002-30-719-182
Interest01000042010688
Depreciation00000095553586972
Profit before tax01-1-1-1-2727122219216238
Tax %-8%8%9%-9%56%1%59%37%25%25%26%
Net Profit01-1-1-1-231792163160177
EPS in Rs0.502.62-4.70-2.48-1.84-3.380.140.884.738.448.289.16
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth58%222%9%13%
Compounded Profit Growth106%160%89%20%
Stock Price CAGR%%-9%-36%
Return on Equity2%3%3%4%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.05333355193193193193193
Reserves-0-1-0-2-2-3-53,8743,8864,0104,1914,380
Borrowings0444422253139392629
Other Liabilities0121299751,8151,8101,8781,8992,100
Total Liabilities0181814141076,1356,0296,1206,3106,702
Fixed Assets01000005,4985,4755,4575,4665,504
CWIP000000002127
Investments000000087101808488
Other Assets0171814141075504515827581,103
Total Assets0181814141076,1356,0296,1206,3106,702
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1037171195226242
Cash from Investing Activity007-22-35-168-175
Cash from Financing Activity-1-0-31-150-117-43-22
Net Cash Flow-1-013-1431445
Free Cash Flow1033160169170157
CFO/OP-1,200%11%212%133%101%83%78%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1561411071106311014722232731
Inventory Days3421373390109638919990119
Days Payable16415313714315925654999896975
Cash Conversion Cycle261071-7-3723514334876
Working Capital Days373431-48-33-105-546-103-87-71-54
ROCE %20%24%-12%-5%-4%-58%0%2%3%5%6%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters72.56%72.56%62.56%62.56%62.56%62.56%62.56%62.56%62.56%62.56%62.56%62.55%
FIIs10.61%10.76%16.01%13.21%12.62%12.56%12.53%14.00%13.72%13.87%13.66%13.24%
DIIs3.45%4.00%5.64%6.30%6.67%6.60%7.01%6.35%6.38%6.45%6.16%6.70%
Government0.86%0.86%0.86%0.86%0.86%0.86%0.86%0.86%0.86%0.86%0.86%0.62%
Public12.53%11.83%14.93%17.08%17.29%17.41%17.03%16.23%16.48%16.27%16.77%16.89%
No. of Shareholders15,83821,84326,75128,11531,62832,45330,68329,63831,45934,15935,38335,406

Fundamentals

Market Cap₹ 7,022 Cr.
Current Price₹ 363
Stock P/E35.1
Book Value₹ 236
ROCE5.86 %
ROE4.25 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)13%
Compounded Profit Growth (TTM)20%
Standalone figures.
Valuation
Market capRs 6,821 Cr
Enterprise valueRs 6,469 Cr
P/E (TTM)38.51x
Price to book1.49x
Price to sales2.43x
EV / EBITDA20.33x
EV / EBIT26.26x
EV / sales2.31x
Price to cash flow28.21x
Earnings yield2.60%
P/E, 3-year average71.33x
P/B, 3-year average2.12x
P/E, 5-year average680.24x
P/B, 5-year average2.05x
Profitability
Operating margin (excl. other income)11.45%
Operating margin (incl. other income)10.79%
EBITDA margin11.35%
Pre-tax margin8.51%
Net profit margin6.32%
Net margin, latest quarter7.91%
ROE3.58%
ROCE4.96%
ROA2.46%
ROE, 3-year average3.20%
ROCE, 3-year average4.42%
ROA, 3-year average2.20%
ROE, 5-year average2.03%
ROCE, 5-year average2.98%
ROA, 5-year average1.39%
ROIC (approx.)4.33%
Tax rate25.73%
Other income / net worth-0.39%
Growth
Sales growth (latest year)11.26%
Profit growth (latest year)-1.89%
Sales CAGR, 3 years9.22%
Sales CAGR, 5 years221.84%
Profit CAGR, 3 years110.90%
Sales growth QoQ2.48%
Profit growth QoQ8.51%
Sales growth YoY (latest quarter)15.31%
Profit growth YoY (latest quarter)43.93%
Per share
EPS (TTM)Rs 9.15
EPS (latest year)Rs 8.28
EPS (latest quarter)Rs 2.87
EPS, 3-year averageRs 7.15
EPS, 5-year averageRs 4.50
Book value per shareRs 236.34
Sales per shareRs 144.89
Cash flow per shareRs 12.49
Free cash flow per shareRs 8.11
Efficiency
Asset turnover0.40x
Fixed asset turnover0.49x
Inventory turnover3.08x
Inventory days119 days
Debtor days31 days
Debtors turnover11.63x
Creditor days75 days
Cash conversion cycle76 days
Working capital days-54 days
Leverage
Total debtRs 29 Cr
Cash and bankRs 380 Cr
Net debtRs -352 Cr
Debt to equity0.01x
Net debt / EBITDA-1.10x
Interest coverage31.07x
Current ratio (filing 2026-03-31)1.04x
Quick ratio (filing 2026-03-31)0.69x
Trade payables (filing 2026-03-31)Rs 232 Cr
Owners' fund to total sources68.23%
Debt to assets0.43%
Cash flow
Cash from Operating Activity (latest year)Rs 242 Cr
Cash from Investing Activity (latest year)Rs -175 Cr
Cash from Financing Activity (latest year)Rs -22 Cr
Net Cash Flow (latest year)Rs 45 Cr
Free cash flow (latest year)Rs 157 Cr
FCFE (approx.: FCF + change in debt)Rs 160 Cr
Cash from ops / profit, 5 years2.00x
Sales to cash flow11.21x
Statement figures
Net sales (TTM)Rs 2,804 Cr
Net sales (latest year)Rs 2,710 Cr
Sales (latest quarter)Rs 701 Cr
Operating profit excl. other income (latest year)Rs 310 Cr
Operating profit (latest quarter)Rs 67 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 318 Cr
PBDT (TTM)Rs 310 Cr
Profit before tax (TTM)Rs 238 Cr
Tax (latest year)Rs 55 Cr
Net profit (TTM)Rs 177 Cr
Net profit (latest year)Rs 160 Cr
Net profit (latest quarter)Rs 55 Cr
Depreciation (TTM)Rs 72 Cr
Depreciation (latest quarter)Rs 19 Cr
Interest (TTM)Rs 8 Cr
Cost of goods sold (latest year)Rs 1,141 Cr
Total expenditure (latest year)Rs 2,400 Cr
Total income (latest year)Rs 2,693 Cr
Share capitalRs 193 Cr
ReservesRs 4,380 Cr
Shareholders' fundsRs 4,573 Cr
Total assetsRs 6,702 Cr
Net blockRs 5,504 Cr
Capital work in progressRs 7 Cr
InvestmentsRs 88 Cr
ReceivablesRs 233 Cr
InventoryRs 371 Cr
Other liabilitiesRs 2,100 Cr
Shares outstanding (crore)19.35
Ownership
Promoter holding62.55% (-0.01 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 38.5 is the lowest in its own 2.4-year history (median 66.1, low 38.5, high 129.0).
P/B 1.49 is at the 2th percentile (median 2.31).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodEUREKAFORBNifty 50Difference
1 week-6.0%-2.8% -3.2 pts
1 month-17.6%-6.8% -10.8 pts
3 months-25.9%-7.6% -18.3 pts
6 months-20.0%+0.4% -20.4 pts
1 year-38.5%-9.9% -28.6 pts
2 years-36.9%-13.6% -23.3 pts
3 years-27.7%+14.2% -41.9 pts
39 mutual fund schemes hold about ₹425 Cr. Over three months 32 bought more and 4 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Tata Small Cap Fund0.37%48 +21%
Aditya Birla SL Consumption Fund0.78%47 +24%
ICICI Pru Bharat Consumption Fund1.38%45 +24%
Union Small Cap Fund1.40%37 +8%
Union Small Cap Fund1.40%34 +8%
Aditya Birla SL MNC Fund0.95%31 +24%
WOC Flexi Cap Fund0.33%31 +13%
Bandhan Small Cap Fund0.08%28 +6%
WOC Mid Cap Fund0.26%19 +4%
WOC Multi Cap Fund0.37%15 +11%
PGIM India Small Cap Fund0.81%15 +16%
LIC MF Consumption Fund2.70%12 +31%
LIC MF ELSS Tax Saver Fund1.20%12 +25%
WOC Multi Asset Allocation Fund0.13%11 +12%
Motilal Oswal Nifty Microcap 250 Index Fund0.31%8 +18%
WOC Quality Equity Fund1.20%7 +27%
WOC Balanced Advantage Fund0.27%6 +21%
Aditya Birla SL Mfg. Equity Fund0.31%4 +11%
WOC ELSS Tax Saver Fund0.41%2 +18%
Arudha Equity Long-Short Fund1.59%2 +29%
WOC Consumption Opportunities Fund0.98%1 +2%
Quantum Ethical Fund1.01%1 +30%
WSIF Equity Ex-Top 100 Long-Short Fund2.50%1 +100%
Quantum ESG Best In Class Strategy Fund0.98%1 +36%
WOC Aggressive Hybrid Fund0.16%1 -27%

Red flags

F-score 6 of 8
lookInventory outrunning sales Inventory grew 53% vs sales +11% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2026-09-15Catalyst Trusteeship LimitedAcquirerbuy22,319,748SAST Others
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹701 Cr +15.3% vs Jun 2025. Net profit ₹55 Cr +41.0%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
DateTypeWhat it says
2026-10-01LitigationUpdate on receipt of Show Cause Notice from Uttar Pradesh GST Authorities
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
The Overall encumbered share in the scrip is more than 50 Percent.

Quick answers

What is the market cap of Eureka Forbes Ltd?

Eureka Forbes Ltd (EUREKAFORB) has a market capitalisation of Rs 7,022 Cr. at the 2026-10-01 close.

What is the P/E ratio of Eureka Forbes Ltd?

Eureka Forbes Ltd trades at a P/E of 35.1 on trailing twelve-month profit, at the 2026-10-01 close.

What were Eureka Forbes Ltd's latest quarterly results?

In the Jun 2026 quarter, Eureka Forbes Ltd sales was Rs 701 Cr (+15.3% vs Jun 2025) and net profit was Rs 55 Cr.

What is the 52-week high and low of Eureka Forbes Ltd?

The 52-week high is Rs 668.30 and the 52-week low is Rs 350.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03