The shares of this leading water purifier and vacuum cleaner company surged over 10 percent on Friday after it reported strong profitability in this fiscal year. In this article, we will dive into into the details.
With a market capitalisation of 11,363 crores, the shares of Eureka Forbes Ltd are currently trading at Rs 588 per share, down by 9.38 percent from its 52-week high of Rs 648 per share. Over the last six months, the stock has delivered a negative return of 1.43 percent.
Financial Highlights
Eureka Forbes reported a consolidated revenue of Rs 2,436.91 crores in FY25, up 11.32 percent from Rs 2,189.25 crores in FY24. Additionally, on a year-on-year basis, revenue grew 10.67 percent to Rs 612.65 crores in Q4 FY25 from Rs 553.56 crores in Q4 FY24. On a quarterly basis, revenue increased by 2.49 percent from Rs 597.74 crores.
It reported a net profit of Rs 164.41 crores in FY25, up 71.94 percent from Rs 95.64 crores in FY24. On a year-on-year basis, net profit rose 131.47 percent to Rs 49.48 crores in Q4 FY25 from Rs 21.38 crores in Q4 FY24. On a quarterly basis, net profit increased by 41.24 percent from Rs 35.03 crores. This makes it the 6th consecutive quarter of double-digit growth.
Commenting on the Q4 FY25 and FY25 performance, Mr. Pratik Pota, MD, and CEO, Eureka Forbes Limited, said, “We are pleased to exit the second full year of transformation with yet another quarter of double-digit growth and lifetime high profitability.
Also read: Midcap stock jumps 4% after announcing 184% profit growth & plans to set up subsidiary in Dubai
About the company
Eureka Forbes Ltd. is an Indian company involved in the manufacture, sale, and maintenance of water purifiers, vacuum cleaners, air purifiers, water treatment plants, and other domestic appliances. The company specializes in health, hygiene, and safety goods, with a vast range covering canister, drum, robotic, upright, and wet & dry vacuum cleaners.
Written by Satyajeet Mukherjee
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