Eureka Forbes' Aquaguard

Eureka Forbes rallies 10%, hits new high; brokerages see more upside

Analysts remain positive on Eureka's growth prospects, owing to its high brand equity, capable management team, and asset-light business model.

Eureka Forbes gets two 'Buys' in 12 days; why are analysts turning bullish?

Eureka Forbes share: Analysts see strong growth momentum, margin expansion, and deeper traction in after-sales services as catalysts for sustained shareholder returns.

Eureka Forbes can double in 3-4 years, says Emkay; stock up over 2% today

Emkay initiated coverage on Eureka Forbes stock with a target price of ₹725, implying about 24 per cent upside.

Eureka Forbes Q4 results: Profit doubles to Rs 49.5 cr, revenue up 10.6%

Health and hygiene products maker Eureka Forbes Ltd on Friday reported a twofold increase in its consolidated net profit to Rs 49.48 crore in the March quarter of 2024-25. The company had posted a net profit of Rs 21.38 crore in the January-March quarter a year ago, according to a regulatory filing by the firm now controlled by private equity firm Advent International. Its revenue from operations was up 10.67 per cent to Rs 612.65 crore during the quarter under review. It was at Rs 553.56 crore in the corresponding quarter. Eureka Forbes' total expenses increased 7 per cent to Rs 551.75 crore in the March quarter. Total income, which includes other income, was up 11 at Rs 617.04 crore in the quarter. Commenting on the results, the company's MD and CEO Pratik Pota said: "In Q4, continuing business revenue grew by 10.9% YoY, and this was the sixth successive quarter of double-digit growth. Led by operating leverage, EBITDA margins touched 13 per cent for the first time." The momentu

Why are Eureka Forbes shares rising in trade today? Share price up 11%

Eureka Forbes share price was buzzing in trade on the back of a healthy March quarter of financial year 2025 (Q4FY25) results.

Eureka Forbes share price rallies 6% as Q2 profit zooms 85% YoY

The rise in Eureka Forbes share price came after the company posted a stellar set of September quarter results

Eureka Forbes lists on National Stock Exchange; share price gains over 3%

Shares of Eureka Forbes rose after the company announced the listing of its shares on the National Stock Exchange (NSE).

Eureka Forbes Ltd Q1FY25 results: Net profit up 26.4% at Rs 32.15 cr

Health and hygiene products maker Eureka Forbes Ltd on Thursday reported a 26.37 per cent increase in its consolidated net profit to Rs 32.15 crore for the first quarter ending June. The company had posted a net profit of Rs 25.44 crore in the April-June quarter a year ago, according to a regulatory filing by the firm now controlled by private equity firm Advent International. Its revenue from operation was up 9.61 per cent to Rs 553.37 crore during the quarter under review. It was at Rs 504.81 crore in the corresponding quarter. Eureka Forbes' total expenses increased 8.77 per cent to Rs 512.53 crore in the June quarter. Total income of Eureka Forbes was up 9.64 per cent at Rs 555.71 crore in the June quarter. Commenting on the results, Eureka Forbes MD and CEO Pratik Pota said: "Despite a muted demand environment, we are pleased to report the third successive quarter of double-digit growth in our continuing business. "Growth was broad-based across both Water Purifier and Vacuum

Nomura upgrades Eureka Forbes to 'Buy', sees 23% upside on cheap valuation

Margins, too, analysts at Nomura added, have multiple tailwinds from higher spare/ service revenue, direct-to-consumer sales, and operating leverage, which will drive expansion

Consumer durable co Eureka Forbes Q1 net profit rises 28.5% to Rs 25.44 cr

Eureka Forbes, a consumer durable maker which operates in the health and hygiene space, on Tuesday reported a 28.48 per cent increase in its consolidated net profit at Rs 25.44 crore in the June quarter. It had reported a net profit of Rs 19.80 crore in the April-June period a year ago. However, its revenue from operations was down 4.06 per cent to Rs 504.81 crore in the first quarter of the ongoing fiscal as against Rs 526.22 crore in the year-ago period, Eureka Forbes said in a regulatory filing. "This represented a sequential improvement in the trajectory of the business," said an earnings statement from Eureka Forbes. Total expenses of Eureka Forbes, which was earlier owned by construction major Shapoorji Pallonji and Company, was at Rs 471.17 crore in the first quarter of FY 2023-24. "During the quarter, the company's net debt stood at Rs 32 crore, a reduction of 85 per cent year-on-year," it said. Last year, Advent International-backed Lunolux acquired the majority stake in

Eureka Forbes zooms 29% in 2 days as profit nearly doubles in Q4FY23

Going forward, the management is confident of driving sustained performance on the back of differentiated innovations, an elevated customer experience, and a more efficient business mode

Eureka Forbes hits record high; rallies 20% in 3 weeks on healthy outlook

Despite inflationary pressures, the consumer durables market is expected to witness robust demand, owing to the increasing need for premium products

Mistry's death sentimentally negative but stay put in SP Grp stks: Analysts

Cyrus Mistry, a high-profile Indian-born Irish businessman and the former chairman of the Tata group, passed away in a road accident on September 4, 2022

Shapoorji Pallonji and Co exits from Eureka Forbes after selling 8.7% stake

Construction major Shapoorji Pallonji and Company has exited from Eureka Forbes after selling its remaining 8.7 per cent stake to the new owner Lunolux, a firm backed by private equity

Eureka Forbes' MD & CEO resigns; stock surges 12% on heavy volumes

Eureka Forbes said the board of directors of the company has accepted the resignation of Marzin R. Shroff as the MD and Chief Executive Officer (Executive Director) of the company

Marzin R Shroff to step down as MD & CEO of Eureka Forbes in August

Will move to a new role as a senior advisor to both Eureka Forbes and Advent International

Arvind Uppal new Eureka Forbes chairman; Shapoorji Mistry leaves board

Shapoorji Pallonji Mistry and six other directors have resigned from the board of Eureka Forbes, with the new owner Lunolux Ltd taking control of the vacuum cleaner and water purifier maker.

Eureka Forbes locked at the 5% lower circuit on BSE listing

The exchange said, the stock will be in trade-for-trade (T2T) segment for the first 10 trading days.

Forbes & Co jumps 5% as PE major Advent buys stake in Eureka Forbes

The private equity major Advent International on Sunday signed an agreement with Shapoorji Pallonji Group to acquire a majority stake in Eureka Forbes at an enterprise valuation of Rs 4,400 crore

PE major Advent International to buy 72.56% stake in Eureka Forbes

Private equity firm Advent International will buy a controlling stake of 72.56 per cent in Eureka Forbes for approximately Rs 4,400 crore, it's parent Shapoorji Pallonji Group (SPG) has said.