Is Eureka Forbes Ltd (EUREKAFORB) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Eureka Forbes Ltd is a average quality company .

Is Eureka Forbes Ltd (EUREKAFORB) undervalued or overvalued?

The key valuation ratios of Eureka Forbes Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Eureka Forbes Ltd (EUREKAFORB) share price return in the past 10 years?

Data is not available for this company

Is Eureka Forbes Ltd (EUREKAFORB) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Eureka Forbes Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Eureka Forbes Ltd (EUREKAFORB)?

Company share prices are keep on changing according to the market conditions. The current trading price of Eureka Forbes Ltd (EUREKAFORB) on 17-Apr-2026 16:59:59 at 16:59 is 481.75.

What is the P/E ratio of Eureka Forbes?

The latest standalone P/E ratio of Eureka Forbes as of 17-Apr-2026 is 58.31.

What is the P/B ratio of Eureka Forbes Ltd (EUREKAFORB)?

The latest standalone P/B ratio of Eureka Forbes Ltd (EUREKAFORB) as of 17-Apr-2026 is 2.07.

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

The 52-week high of Eureka Forbes Ltd (EUREKAFORB) is Rs. 668.50 and the 52-week low is Rs. 355.00.

Eureka Forbes Ltd (EUREKAFORB) Share Analysis – Brand Strength, Quality & Valuation Zone & DeciZen Rating

Name: Eureka Forbes Ltd (EUREKAFORB)
Brand: Eureka Forbes

Eureka Forbes Ltd (EUREKAFORB) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Eureka Forbes Ltd (EUREKAFORB)

BSE: 543482 NSE: EUREKAFORB

Key Metrics

Market Cap

₹9,321 Cr.

P/E Ratio

58.31

Price to Book (P/B)

2.07

Price to Sales (P/S)

3.53

EV/EBITDA

28.20

Return on Capital Employed (ROCE)

5.21%

Current Price

₹481.8

Return on Equity (ROE)

3.84%

Return on Assets (ROA)

2.63%

Operating Profit Margin

10.8%

Net Profit Margin

6.7%

Gross Profit Margin

11.1%

Book Value per Share

₹232.8

Sales Growth (YoY)

11.27%

Sales Growth (3 Years)

85.6%

Operating Profit Growth (1 Year)

36.58%

Operating Profit Growth (3 Years)

147.96%

Net Profit Growth (1 Year)

78.32%

52-Week Low / High

₹355 / 669

Net Profit Growth (3 Years)

287.65%

Dividend Yield

0.00%

Promoter Holding

62.56%

Pledged shares (%)
of Promoter's holding (%)

53.66%

Check Before You Invest

Q.1 Revenue growth of Eureka Forbes Ltd?

Eureka Forbes Ltd revenue growth is 11.3% for FY-2025 , which is below its 5 year CAGR of 172.1% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Eureka Forbes Ltd?

Promoters hold 62.56% of the Eureka Forbes Ltd, with 53.66% of their stake pledged, indicating high pledge risk.

Q.1 Revenue growth of Eureka Forbes Ltd vs industry peers?

Eureka Forbes Ltd revenue CAGR is 172.07% , compared to the industry median CAGR of 10.57% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does Eureka Forbes Ltd belong to?

Eureka Forbes Ltd belongs to the Consumer Durables sector, operating specifically within the Consumer Durables - Domestic Appliances segment.

Q.1 Stock return of Eureka Forbes Ltd over the last decade?

Over the last 3 year(s), the stock has delivered a CAGR of 6.89% based on the current price.

DeciZen - make an informed investing decision on Eureka Forbes

Based on:

Data

Overall Rating ⓘ
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1. Quality

2. Valuation ⓘ

3. Price Trend

Eureka Forbes stock performance

Key Ratios

Is Eureka Forbes Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	3.2%	22.8%	-12.3%	-4.9%	-3.9%	-58%	0.5%	1.1%	3.1%	5.2%	-
Value Creation Index ⓘ	-0.8	0.7	-1.9	-1.4	-1.3	-5.3	-1.0	-0.9	-0.8	-0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	28.5	33.5	26.5	25.9	16.3	7.9	381	2,080	2,189	2,436	2,639
Sales YoY Gr.	-	17.6%	-20.7%	-2.3%	-37%	-52%	4,753.5%	446%	5.2%	11.3%	-
Adj EPS ⓘ	-0.7	2.8	-4.7	-2.5	-1.8	-3.4	0.1	2.1	5.3	8.2	8.3
YoY Gr.	-	NA	-266.8%	NA	NA	NA	NA	1675%	147%	55.9%	-
BVPS (₹) ⓘ	6.7	9.3	4.7	2.3	3.6	0.3	210.2	210.8	215.5	223.7	232.8
Adj Net Profit ⓘ	-0.2	0.8	-1.3	-0.7	-0.9	-1.6	2.3	41.2	102	159	160
Cash Flow from Ops. ⓘ	0.5	0.2	0.1	0.9	0.9	0.1	37.2	171	195	226	-
Debt/CF from Ops. ⓘ	7	18.1	79.1	5.1	1.7	16	6.5	0.7	0.1	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	64%	172.1%	85.6%	11.3%
Adj EPS ⓘ	NA	NA	308.8%	55.9%
BVPSⓘ	47.6%	128%	2.1%	3.8%
Share Price	-	-	6.2%	-7.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-19.5	35.4	-67.5	-70.5	-73.9	-171.7	0.1	1	2.5	3.7	3.6
Op. Profit Mgn % ⓘ	0.4	4.4	-3.2	-1.2	-0.5	-16.8	4.5	6.3	8.8	10.8	11.5
Net Profit Mgn % ⓘ	-0.7	2.4	-5	-2.7	-5.4	-20.7	0.6	2	4.7	6.5	6.1
Debt to Equity ⓘ	1.8	1.4	3.3	6.9	0.9	10.8	0.1	0	0	0	-
Working Cap Days ⓘ	103	181	208	180	242	362	260	85	77	77	63
Cash Conv. Cycle ⓘ	15	21	29	18	13	-1	46	10	11	19	-9

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	8.3	8.3
TTM Sales (₹ Cr.)	2,639	2,638
BVPS (₹) ⓘ	232.8	234.1
Reserves (₹ Cr.) ⓘ	4,311	4,337
P/BV ⓘ	2.07	2.06
PE ⓘ	58.31	57.86

From the Market
52 Week Low / High (₹)	355.00 / 668.50
All Time Low / High (₹)	282.00 / 668.50
Market Cap (₹ Cr.)	9,321
Equity (₹ Cr.)	193.5
Face Value (₹)	10
Industry PE ⓘ	49.3

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

100.00

53.66

* Pledged shares as % of Promoter's holding (%)

Valuation of Eureka Forbes - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	28	33	27	26	16	8	381	2,080	2,189	2,436
Operating Expenses ⓘ +	28	32	27	26	16	9	364	1,949	1,997	2,174
Manufacturing Costs	0	0	0	0	0	0	12	71	71	81
Material Costs	22	25	20	20	12	7	162	845	901	1,015
Employee Cost	3	3	3	2	2	1	49	301	328	328
Other Costs ⓘ	3	4	4	4	2	1	141	732	697	749
Operating Profit ⓘ	0	1	-1	-0	-0	-1	17	132	192	262
Operating Profit Margin (%)	0.4%	4.1%	-3.2%	-1.2%	-0.5%	-16.8%	4.5%	6.3%	8.8%	10.8%
Other Income ⓘ +	0	0	0	0	0	0	3	10	9	15
Exceptional Items ⓘ	0	0	0	0	0	0	0	-40	-15	5
Interest ⓘ	0	1	0	0	0	0	4	20	10	6
Depreciation ⓘ	0	0	0	0	0	0	9	55	53	58
Profit Before Tax ⓘ	-0	1	-1	-1	-1	-2	7	27	122	219
Tax ⓘ	-0	0	0	-0	0	0	4	10	31	56
Profit After Tax	-0	1	-1	-1	-1	-2	3	17	92	163
PAT Margin (%)	-0.7%	2.2%	-5.0%	-2.7%	-5.5%	-20.8%	0.7%	0.8%	4.2%	6.7%
Adjusted EPS (₹)	-0.7	2.6	-4.7	-2.5	-1.9	-3.4	0.1	0.9	4.7	8.4
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	2	3	1	1	2	0	4,067	4,079	4,169	4,328
Share Capital ⓘ	3	3	3	3	5	5	193	193	193	193
Reserves ⓘ	-1	-0	-1	-2	-3	-5	3,873	3,886	3,975	4,135
Debt +	4	4	4	4	2	2	240	121	25	0
Long Term Debt	0	0	0	0	0	0	49	25	0	0
Short Term Debt	4	4	4	4	2	2	190	96	25	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	10	10	7	8	5	5	244	228	219	187
Others Liabilities ⓘ	2	1	1	1	1	1	1,585	1,600	1,707	1,794
Total Liabilities ⓘ	17	18	14	14	10	7	6,135	6,029	6,120	6,310
Fixed Assets
Net Fixed Assets ⓘ +	1	0	0	0	0	0	5,498	5,475	5,457	5,466
Gross Block	1	1	1	1	1	1	5,508	5,534	5,563	5,627
Accumulated Depreciation	1	0	1	1	1	1	9	59	106	161
CWIP ⓘ	0	0	0	0	0	0	0	2	1	2
Investments ⓘ	0	0	0	0	0	0	87	101	80	84
Inventories	2	1	2	2	3	2	283	211	244	243
Trade Receivables	12	13	8	8	3	2	153	123	137	180
Cash Equivalents	0	0	1	1	1	1	14	14	92	225
Others Assets ⓘ	3	3	3	3	3	2	99	103	109	109
Total Assets ⓘ	17	18	14	14	10	7	6,135	6,029	6,120	6,310

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	0	0	0	1	1	0	37	171	195	226
PBT ⓘ	-0	1	-1	-1	-1	-2	7	27	122	219
Adjustment ⓘ	1	1	1	1	1	1	13	119	107	80
Changes in Working Capital ⓘ	0	-2	1	1	1	1	18	29	-35	-79
Tax Paid ⓘ	-1	-0	-0	-0	-0	0	-1	-4	1	6
Cash Flow From Investing Activity ⓘ +	-0	0	-0	-0	0	0	-4	-23	-35	-168
Capex	-0	0	-0	-0	0	0	-4	-11	-26	-55
Net Investments	0	0	0	0	0	0	0	-12	25	0
Others ⓘ	0	0	0	-0	0	0	0	0	-33	-113
Cash Flow From Financing Activity ⓘ +	-0	-0	0	-0	-1	-0	-31	-150	-117	-43
Net Proceeds from Shares ⓘ	0	0	0	0	2	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-0	-1	-0	-0	-0	-0	-4	-18	-8	-3
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	1	0	-3	-0	-27	-132	-110	-41
Net Cash Flow ⓘ	0	-0	0	0	-1	-0	2	-1	43	14

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	-19.5	32.76	-67.18	-70.21	-74.21	N/A	0.14	0.42	2.22	3.84
ROCE (%)	3.17	22.8	-12.29	-4.91	-3.94	N/A	0.52	1.1	3.14	5.21
Asset Turnover Ratio	3.33	1.92	1.66	1.87	1.38	0.92	0.12	0.34	0.36	0.39
PAT to CFO Conversion(x)	N/A	0	N/A	N/A	N/A	N/A	12.33	10.06	2.12	1.39
Working Capital Days
Receivable Days	148	133	143	110	119	120	75	24	22	24
Inventory Days	27	19	23	27	54	117	137	43	38	36
Payable Days	82	150	164	139	198	270	280	102	91	73

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Eureka Forbes Ltd FAQs

The current trading price of Eureka Forbes on 17-Apr-2026 16:59 is ₹481.8.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of Eureka Forbes stood at ₹9,321.5 Cr

The latest P/E ratio of Eureka Forbes as of 16-Apr-2026 is 58.31.

The latest P/B ratio of Eureka Forbes as of 16-Apr-2026 is 2.07.

The 52-week high of Eureka Forbes is ₹668.5 and the 52-week low is ₹355.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Eureka Forbes is ₹2,639 ( Cr.) .

About Eureka Forbes Ltd

Founded as a joint venture between Forbes and Campbell (a Tata Group company) and Electrolux of Sweden, Eureka Forbes is a multi-product, multi-channel organization. A former part of the renowned Shapoorji Pallonji Group, Eureka Forbes (formerly Forbes Enviro Solutions Limited) is India’s leading health and hygiene brand. In addition to being one of Asia’s largest direct sales forces, it has retail, institutional and e-commerce channels, an inventive franchise business partner network, a rural channel and one of the most expansive service networks in India.

Eureka Forbes has been a pioneer and trendsetter in direct sales in India and is one of the largest direct-selling companies in the world today.

Business area of the company

The company is engaged in the business of manufacturing, selling and servicing of water filter-cum-purifiers, vacuum cleaners, air purifiers, water treatment plants, and other household appliances, etc., with a legacy of many decades. It also has a strong distribution and after sale service network to maintain health and hygiene across Indian households. The Company has been a pioneer and a trailblazer in direct marketing in India.

Products

Water Purifiers
Vacuum Cleaners
Coronaguard
Air Purifiers
Water Solution

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● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Eureka Forbes Ltd (EUREKAFORB) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Eureka Forbes Share Price