On 6 Nov 2026, Eureka Forbes was priced at ₹366.20, or 37.1× trailing earnings, against an industry P/E of 30.6×, and the shares are 45% below their 52-week high. It earns ROCE of 4.0% and ROE of 3.6%, and sales and net profit grew 9.0% and 83% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹7,092 Cr, ranked 7th of 54 Furnishings, Fixtures & Appliances companies by market cap; the shares fell 35% over the past year.
- ₹351.35
- ₹367.90
- ₹346.80
- ₹351.20
- 2.6 L
Health check
- ReturnsBehind
−35.1% over a year, better than 2 of 7 peers.
- Price tagPricier
P/E 37.1 vs industry 30.6.
- GrowthStrong
Sales +9.0%, profit +83.1% a year over 3 years.
- ProfitabilityWeak
ROCE 4.0% vs peer median 9.1%.
- Balance sheetSolid
Practically debt-free, Piotroski 7 of 9.
- Red flags2 to check
Return on equity is low at 3.6%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹7,092 Cr
- Small cap
- P/E
- 37.1
- Industry 30.6
- Price to book
- 1.54
- Peers 4.21
- Dividend yield
- 0.00%
- ROE
- 3.6%
- Peers 7.2%
- ROCE
- 4.0%
- Peers 9.1%
- Debt to equity
- 0.01
- Debt ₹29 Cr
- EPS (TTM)
- ₹9.88
- Face value ₹10
- OPM (TTM)
- 10.4%
- Net margin 6.5%
- Sales growth
- +15.1%
- Latest quarter vs a year ago
- Profit growth
- +17.8%
- Latest quarter vs a year ago
- Price to sales
- 2.53
- EV/EBITDA 20.7
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly sales up 15.1% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 3.6%.
- 45% below its 52-week high.
About Eureka Forbes
Eureka Forbes Limited engages in manufacturing, trading, renting, selling, and servicing of vacuum cleaners, water filter cum purifiers, air purifiers electronic air cleaning systems, and related products in India and internationally. The company also offers water softeners and water solutions. It serves individual consumers, educational institutions, retail stores, households, banks, IT companies, hospitals, small and medium enterprises (SMEs), hotels,…
- Headquarters
- Mumbai
- Employees
- 2,661
- Sector
- Consumer Cyclical
- ISIN
- INE0KCE01017
- Website
- eurekaforbes.com
Price range
- Avg volume (3M)
- 2.8 L
- 1-year return
- minus 35.1%
- From 52-week high
- minus 45.2%
Analyst consensus
Peers · Furnishings, Fixtures & Appliances
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VOLTASVoltas | 1,099.00 | minus 1.47% | 36,364 | 77.8 | 5.39 | 9.3% | 5.8% | 4.9% | 14.5% | 40.7% | 0.36% | minus 17.9% |
| AMBERAmber Enterprises India | 6,403.00 | minus 2.76% | 22,582 | 236.1 | 5.15 | 7.2% | 5.3% | 7.2% | 20.7% | 4.2% | 0.00% | minus 15.5% |
| CROMPTONCrompton Greaves Consumer Electricals | 215.66 | plus 4.42% | 13,887 | – | 4.59 | −1.5% | −4.4% | 10.3% | 5.6% | – | 1.39% | minus 27.1% |
| WHIRLPOOLWhirlpool of India | 826.70 | plus 0.44% | 10,493 | 41.8 | 2.52 | 9.0% | 7.2% | 6.2% | 6.4% | 10.3% | 0.60% | minus 40.1% |
| TTKPRESTIGTTK Prestige | 608.75 | plus 10.47% | 8,338 | 43.1 | 4.21 | 10.8% | 8.3% | 8.8% | 2.3% | −14.2% | 1.23% | minus 17.6% |
| CELLOCello World | 363.75 | minus 2.27% | 8,204 | 26.4 | 2.91 | 16.1% | 13.0% | 19.9% | 9.2% | 7.6% | 0.41% | minus 41.6% |
| EUREKAFORBEureka Forbes | 366.20 | plus 4.27% | 7,092 | 37.1 | 1.54 | 4.0% | 3.6% | 11.5% | 9.0% | 83.1% | 0.00% | minus 35.1% |
| SFLSheela Foam | 530.60 | plus 0.14% | 5,794 | 23.1 | 1.78 | – | 7.7% | 10.1% | 10.0% | −7.1% | 0.20% | minus 26.1% |
| Median of 7 peers | – | 0.14% | 10,493 | 42.5 | 4.21 | 9.1% | 7.2% | 8.8% | 9.2% | 5.9% | 0.41% | −26.1% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 772 | 645 | 684 | 700 | 888 | |
| 674 | 612 | 598 | 631 | 773 | |
| 97.7 | 33.6 | 85.6 | 69.4 | 115 | |
| 12.6% | 5.2% | 12.5% | 9.9% | 12.9% | |
| 6 | 40.4 | 4.9 | 7.4 | 6.3 | |
| 2.2 | 2.7 | 1.8 | 1.1 | 2.1 | |
| 16.4 | 17.1 | 20 | 18.7 | 20.1 | |
| – | −40.4 | – | 19.5 | – | |
| 85 | 13.7 | 68.6 | 76.6 | 99.1 | |
| 26.0% | 27.1% | 25.6% | 25.6% | 25.2% | |
| 62.9 | 10 | 51 | 57 | 74.1 | |
| 3.23 | 0.52 | 2.62 | 2.93 | 3.81 |
Profit & loss
- Sales CAGR 3Y
- +9.0%
- Profit CAGR 3Y
- +83.1%
- EPS CAGR 3Y
- +82.7%
- ROE
- 3.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,080 | 2,184 | 2,422 | 2,693 | |
| – | +5.0% | +10.9% | +11.2% | |
| 1,965 | 1,985 | 2,157 | 2,378 | |
| 115 | 199 | 266 | 315 | |
| 5.5% | 9.1% | 11.0% | 11.7% | |
| 32.6 | 3.7 | 8.9 | 19.7 | |
| 19.8 | 9.5 | 5.5 | 7.8 | |
| 56.5 | 54 | 58 | 69.4 | |
| −32.6 | −10.7 | 9.7 | −38.1 | |
| 38.5 | 128 | 221 | 219 | |
| 31.3% | 25.5% | 25.5% | 25.8% | |
| 26.5 | 95.6 | 164 | 163 | |
| – | +261.3% | +71.9% | minus 1.1% | |
| 1.37 | 4.93 | 8.46 | 8.36 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 193 | 193 | 193 | 193 | |
| 3,904 | 4,032 | 4,215 | 4,406 | |
| 140 | 38.7 | 25.6 | 28.9 | |
| 1,793 | 1,865 | 1,904 | 2,107 | |
| 6,030 | 6,129 | 6,338 | 6,735 | |
| 296 | 291 | 328 | 359 | |
| 1.5 | 1.5 | 16 | 6.2 | |
| 0.1 | 0.5 | 0 | 0 | |
| 96.9 | 152 | 311 | 476 | |
| 5,636 | 5,684 | 5,683 | 5,894 | |
| 6,030 | 6,129 | 6,338 | 6,735 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 181 | 194 | 246 | 250 | |
| −26.3 | −31.6 | −168 | −198 | |
| −154 | −120 | −43.4 | −22.1 | |
| 0.8 | 42.8 | 34.2 | 30.4 | |
| −21.3 | −28.4 | −59.7 | −87.9 | |
| 159 | 166 | 186 | 162 |
Shareholding pattern
- Promoters62.51%
- Public37.49%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 62.51% | 37.49% | minus 0.04 | |
| 30 Jun 2026 | 62.55% | 37.45% | minus 0.01 | |
| 31 Mar 2026 | 62.56% | 37.44% | 0.00 | |
| 31 Dec 2025 | 62.56% | 37.44% | 0.00 | |
| 30 Sep 2025 | 62.56% | 37.44% | – |
Major shareholders
Filings & events
News
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