Eureka Forbes
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Eureka Forbes share price

Eureka Forbes Ltd.

BSE: 543482 SECTOR: Consumer Durables - Domestic Appliances  9869   12   1

446.50
-9.85 (-2.16%)
BSE: 21 May 04:01 PM

Price Summary

Today's High

₹ 462.4

Today's Low

₹ 443.25

52 Week High

₹ 598.75

52 Week Low

₹ 355

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 8638.85 Cr.

Enterprise Value

₹ 8746.07 Cr.

No. of Shares

19.35 Cr.

P/E

99.89

P/B

2.08

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  215.17

CASH

₹ 13.58 Cr.

DEBT

₹ 120.8 Cr.

Promoter Holding

62.56 %

EPS (TTM)

₹  4.47

Sales Growth

446.04%

ROE

0.42 %

ROCE

1.1%

Profit Growth

509.35 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year446.04%
3 Year403.05%
5 Year139.28%

Profit Growth

1 Year509.35%
3 Year176.5%
5 Year71.53%

ROE%

1 Year0.42%
3 Year-57.28%
5 Year-63.25%

ROCE %

1 Year1.1%
3 Year-18.79%
5 Year-13.04%

Debt/Equity

0.0296

Price to Cash Flow

50.51

Interest Cover Ratio

2.3566612111293

CFO/PAT (5 Yr. Avg.)

12.6065402391629

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 62.56 100
Dec 2023 72.56 100
Sep 2023 72.56 100
Jun 2023 72.56 100
Mar 2023 72.56 100
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 176.495976991301% for the Past 3 years.
  • The company has shown a good revenue growth of 403.051401784817% for the Past 3 years.
  • The company has significantly decreased its debt by 118.7627 Cr.
  • Company is virtually debt free.
  • Company’s PEG ratio is 0.196148420467661.
  • The company has an efficient Cash Conversion Cycle of -34.4085990475258 days.
  • The company has a good cash flow management; CFO/PAT stands at 12.6065402391629.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 5.17321469034366.

 Limitations

  • Company has a poor ROE of -57.2787577777618% over the past 3 years.
  • Company has a poor ROCE of -18.7896016286492% over the past 3 years
  • The company has a low EBITDA margin of -1.53152224315975% over the past 5 years.
  • The company is trading at a high PE of 99.89.
  • The company is trading at a high EV/EBITDA of 43.998.
  • Promoter pledging is high as 100%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 472.02 508.15 505.27 592.31 538.57
Total Expenditure 430.86 460.76 459.47 541.08 496.4
Operating Profit 41.16 47.39 45.81 51.23 42.17
Other Income 4.7 3.98 1.82 1.72 2.89
Interest 4.4 3.49 3.39 2.91 1.79
Depreciation 13.37 12.92 13.19 13.01 13.15
Exceptional Items -15 -9.13 0 0 0
Profit Before Tax 13.08 25.83 31.05 37.03 30.12
Tax 3.29 9.54 8.97 11.56 7.47
Profit After Tax 9.8 16.28 22.08 25.48 22.64
Adjusted EPS (Rs) 0.51 0.84 1.14 1.32 1.17

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 25.93 16.34 7.85 381 2080.42
Total Expenditure 26.23 16.42 9.17 363.82 1948.74
Operating Profit -0.31 -0.08 -1.32 17.19 131.68
Other Income 0.09 0.05 0.04 3.03 10.42
Interest 0.49 0.4 0.2 4.34 19.86
Depreciation 0.05 0.14 0.14 8.98 55.28
Exceptional Items 0 0 0 0 -40.02
Profit Before Tax -0.76 -0.57 -1.62 6.9 26.94
Tax -0.06 0.32 0.01 4.09 9.86
Net Profit -0.7 -0.89 -1.63 2.8 17.08
Adjusted EPS (Rs.) -2.46 -1.85 -3.38 0.14 0.88

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 2.83 4.83 4.83 193.48 193.48
Total Reserves -2.17 -3.07 -4.69 3873.5 3885.85
Borrowings 0 0 0 49.36 24.66
Other N/C liabilities -0.29 0.03 0.02 970.24 951.76
Current liabilities 13.44 8.15 6.98 1048.59 973.32
Total Liabilities 13.81 9.93 7.14 6135.16 6029.08
Assets
Net Block 0.27 0.24 0.17 5498.15 5474.74
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 2.46
Investments 0 0 0 25.25 25.25
Loans & Advances 2.26 2.31 1.7 45.71 39.18
Other N/C Assets 0.28 0.17 0.02 10.8 9.16
Current Assets 10.99 7.21 5.26 555.26 478.29
Total Assets 13.81 9.93 7.14 6135.16 6029.08
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -0.76 -0.57 -1.62 6.9 26.94
Adjustment 0.92 0.66 0.58 12.69 119.06
Changes in Assets & Liabilities 0.78 0.87 0.9 18.19 28.76
Tax Paid -0.07 -0.06 0.23 -0.6 -3.71
Operating Cash Flow 0.88 0.9 0.09 37.17 171.05
Investing Cash Flow -0.14 0 0.17 7.01 -22.5
Financing Cash Flow -0.36 -1.47 -0.29 -30.96 -149.6
Net Cash Flow 0.38 -0.57 -0.03 13.22 -1.06

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 72.56 72.56 72.56 72.56 62.56
lunolux limited 72.56 72.56 72.56 72.56 62.56
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 27.44 27.44 27.44 27.44 37.44
antara india evergreen fu... 2.58 2.44 2.44 2.44 2.30
goldman sachs funds - gol... - - - - 1.54
india discovery fund limi... 8.30 8.25 8.09 7.42 6.74
investor education and pr... - - - - 1.27
investor education and pr... 1.27 - 1.27 1.27 1.27
llp 0.22 0.24 - 0.14 0.32
investor education and pr... - 1.27 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Eureka Forbes informs about disclosure 16 Mar 2024, 3:53PM Eureka Forbes informs about disclosure 23 Feb 2024, 4:56PM Eureka Forbes informs about press release & presentation14 Feb 2024, 2:26PM Eureka Forbes informs about outcome of board meeting 14 Feb 2024, 11:48AM Eureka Forbes - Quaterly Results14 Feb 2024, 10:21AM Eureka Forbes - Quaterly Results14 Feb 2024, 10:21AM Eureka Forbes - Quaterly Results14 Feb 2024, 10:21AM Eureka Forbes informs about certificate9 Jan 2024, 10:33AM Eureka Forbes informs about transcript of earnings call23 Nov 2023, 12:47PM Eureka Forbes informs about loss of share certificates20 Nov 2023, 3:24PM Eureka Forbes informs about analyst meet17 Nov 2023, 5:22PM Eureka Forbes informs about analyst meet17 Nov 2023, 5:21PM Eureka Forbes informs about analyst meet 17 Nov 2023, 4:53PM Eureka Forbes - Quaterly Results10 Nov 2023, 7:03PM Eureka Forbes - Quaterly Results10 Nov 2023, 7:03PM Eureka Forbes informs about loss of share certificates7 Sep 2023, 2:24PM Eureka Forbes - Quaterly Results8 Aug 2023, 4:32PM Eureka Forbes - Quaterly Results8 Aug 2023, 4:32PM Eureka Forbes - Quaterly Results8 Aug 2023, 4:32PM Eureka Forbes informs about compliances-certificate19 Jul 2023, 1:12PM Eureka Forbes informs about details of loss of certificate 12 Jul 2023, 5:07PM Eureka Forbes - Quaterly Results29 May 2023, 3:49PM Eureka Forbes - Quaterly Results29 May 2023, 3:49PM Eureka Forbes - Quaterly Results29 May 2023, 3:49PM Eureka Forbes informs about PCS certificate28 Apr 2023, 4:57PM Eureka Forbes informs about closure of trading window1 Apr 2023, 3:17PM Eureka Forbes informs about loss of share certificate16 Mar 2023, 2:31PM Eureka Forbes informs about meeting updates14 Mar 2023, 5:10PM Eureka Forbes - Quaterly Results14 Feb 2023, 7:55PM Eureka Forbes - Quaterly Results14 Feb 2023, 7:55PM Eureka Forbes informs about voting results24 Dec 2022, 2:19PM Eureka Forbes - Quaterly Results14 Nov 2022, 7:11PM Eureka Forbes - Quaterly Results14 Nov 2022, 7:11PM Eureka Forbes - Quaterly Results12 Aug 2022, 6:25PM Eureka Forbes - Quaterly Results12 Aug 2022, 6:25PM Eureka Forbes informs about disclosure15 Jul 2022, 9:47AM Eureka Forbes informs about disclosures14 Jul 2022, 4:46PM Eureka Forbes informs about disclosure5 Jul 2022, 5:17PM Eureka Forbes informs about disclosure8 Jun 2022, 9:39AM Eureka Forbes informs about letter of offer3 Jun 2022, 9:51AM Eureka Forbes informs about disclosure 29 Apr 2022, 10:20AM Eureka Forbes informs about disclosure26 Apr 2022, 3:44PM

Eureka Forbes Stock Price Analysis and Quick Research Report. Is Eureka Forbes an attractive stock to invest in?

 

The Consumer Durable sector in India has attracted significant investments over the years which resulted in increasing demand and also facilitated by the rise in disposable income. Indian Appliance and Consumer Electronics Industry’s market size was 21.49 billion USD in FY17 and is expected to be at 48.37 billion USD by FY22. The unorganized markets will provide scope for the rural markets to grow in fast paces because of the increase in the shift to organized markets.

The key growth drivers for the consumer durables sector are modernization, changing lifestyles, increasing awareness, rising incomes, convenient shopping options, etc. the relaxation by the government for FDI will also boost the sector.

Eureka Forbes is India’s famous brand in the consumer durable segment nationally and globally. Let's study some key parameters of the company:

  • The net sales of the company is Rs 2080.4188 Cr. It has increased from the previous year sales of Rs 381.0013 Cr. The sales growth of the company was outstanding at 446.039816662043 %.
     
  • The sales figure can be matched with inventory turnover to check whether it's justifiable or not. The turnover ratio for Eureka Forbes is 8.41705388783539 times. Eureka Forbes efficiently manages its assets.
     
  • The PAT growth rate of 509.354263289333 % is good for the company. The net profit compared to the % of sales is known as PAT margin which is 0.820998156717292 %.
     
  • The growth of EPS should ideally be around the PAT growth rate. For Eureka Forbes EPS growth rate is 509.247757073844 % which is nearby the PAT growth rate . The Earning per share for the latest quarter is 1.1703 Rs.
     
  • Share Price: - The current share price of Eureka Forbes is Rs 446.5. One can use valuation calculators of ticker to know if Eureka Forbes share price is undervalued or overvalued.
     
  • Company’s assets have given an average return of -6.24192566185716 % for the 3 years and equity gave an average return of -57.2787577777618 % for the 3 years.
     
  • Eureka Forbes has a Debt to equity ratio of 0.0296 which is an indicative measure of financial risk when compared to its peers.
Last Updated on:
Brief about Eureka Forbes

Eureka Forbes Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Eureka Forbes Ltd., a renowned company in the consumer goods industry, has emerged as one of India's leading providers of water purifiers, vacuum cleaners, and air purifiers. With a legacy spanning several decades, the company has built a strong reputation for its commitment to delivering innovative, reliable, and quality products to its customers. Eureka Forbes Ltd. has a diverse portfolio of brands, including Aquaguard, Euroclean, and Dr. Aeroguard, catering to various consumer needs.

Eureka Forbes Ltd. - Share Price

Tracking the share price of Eureka Forbes Ltd. can provide valuable insights for long-term stock investors. By analyzing historical price movements, investors can identify trends and patterns that may affect the investment decisions. We provide an easily accessible share price chart on our platform, allowing investors to track the performance of Eureka Forbes Ltd. stock with ease.

Eureka Forbes Ltd. - Balance Sheet

Evaluating a company's balance sheet is crucial for investors seeking a comprehensive understanding of its financial health. At our platform, we offer a range of pre-built screening tools, including the ability to analyze Eureka Forbes Ltd.'s balance sheet. By leveraging these tools, investors can gain insights into the company's assets, liabilities, and shareholders' equity. Additionally, our premium features allow for fair value calculation using tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis.

Eureka Forbes Ltd. - Annual Report

The annual report of Eureka Forbes Ltd. provides a comprehensive overview of the company's performance, strategies, and future outlook. As a long-term stock investor, analyzing annual reports can provide valuable insights into a company's financial performance, growth prospects, and management strategies. Our platform makes these reports easily accessible, allowing investors to delve into the details and make informed investment decisions.

Eureka Forbes Ltd. - Dividend

For investors seeking regular income from their investments, dividends play a crucial role. Eureka Forbes Ltd., being a prominent player in the consumer goods industry, has consistently delivered dividends to its shareholders. By considering historical dividend payouts and the company's dividend policy, investors can assess the potential income generated from their investments in Eureka Forbes Ltd.

Eureka Forbes Ltd. - Quarterly Results

Tracking the quarterly results of Eureka Forbes Ltd. is essential for investors who want to stay informed about the company's latest financial performance. As a long-term stock investor, understanding the quarterly results can offer insights into revenue growth, profitability, and other key financial metrics. 

Eureka Forbes Ltd. - Stock Price

Monitoring the stock price of Eureka Forbes Ltd. on a regular basis is crucial for investors who want to make well-informed investment decisions. We provide an easily accessible stock price chart on our platform that enables investors to visualize the stock's performance over time. By analyzing price movements and identifying potential trends, investors can optimize their investment strategies.

Eureka Forbes Ltd. - Price Chart

Analyzing the price chart of Eureka Forbes Ltd. stock allows investors to identify trends and patterns that may impact their investment decisions. Our platform offers a user-friendly and interactive price chart, enabling investors to track historical price movements and identify potential entry or exit points.

Eureka Forbes Ltd. - News

Staying up-to-date with the latest news and developments surrounding Eureka Forbes Ltd. is crucial for investors looking to make informed decisions. Our platform provides a comprehensive news section where investors can access the latest updates, market trends, and relevant industry news. By staying informed, investors can react quickly to changes that may impact their investment in Eureka Forbes Ltd.

Eureka Forbes Ltd. - Concall Transcripts

Concall transcripts provide valuable insights into management discussions, strategies, and future outlook. As a long-term stock investor, analyzing concall transcripts of Eureka Forbes Ltd. can help in understanding the company's plans, initiatives, and overall direction. By providing downloadable concall transcripts on our platform, we ensure that investors have easy access to these valuable resources.

Eureka Forbes Ltd. - Investor Presentations

Investor presentations offer a detailed overview of a company's financial performance, growth strategies, and market insights. For long-term stock investors, analyzing investor presentations of Eureka Forbes Ltd. can provide valuable insights into the company's operations and future prospects. Our platform provides downloadable investor presentations, allowing investors to explore the details and make informed investment decisions.

Eureka Forbes Ltd. - Promoters

Eureka Forbes Ltd. has a dedicated team of promoters who have played a crucial role in shaping the company's success story. The promoters, with their deep industry knowledge, strategic vision, and entrepreneurial spirit, have been instrumental in driving the company's growth. Understanding the background and contribution of the promoters can provide investors with insights into the company's leadership and its potential for future growth.

Eureka Forbes Ltd. - Shareholders

Eureka Forbes Ltd., being a publicly listed company, has a diverse base of shareholders. Monitoring the shareholder composition can provide valuable insights into the company's ownership structure and investor sentiment. By understanding the composition of shareholders, investors can gauge the market perception of Eureka Forbes Ltd. and make well-informed investment decisions.

In conclusion, Eureka Forbes Ltd. offers a comprehensive suite of products in the consumer goods industry. As a long-term stock investor, analyzing the company's profile, share price, balance sheet, annual reports, dividends, quarterly results, and other relevant information is crucial for making informed investment decisions. Our platform provides a range of features and tools, including pre-built screening tools and premium fair value calculation methods, to assist investors in conducting thorough stock analysis of Eureka Forbes Ltd.

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