Eureka Forbes Ltd (543482)
₹484.05▲1.68%
Analyst Rating
based on 4 analysts
100.00%
Buy
0.00%
Hold
0.00%
Sell
Based on 4 analysts offering long term price targets for Eureka Forbes Ltd. An average target of ₹608.5
Source: S&P Global Market Intelligence
Eureka Forbes Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹472.25₹495.9552 Week's Low
52 Week's High
₹397.15₹588
| Returns % | |
| 1 Month Return | + 8.11 % |
| 3 Month Return | -6.4 % |
| 1 Year Return | -12.9 % |
| Market Stats | |
| Previous Close | ₹476.05 |
| Open | ₹474.95 |
| Volume | 1.15L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹9,206.38Cr |
Key Statistics
| P/E Ratio | 95.98 |
| PEG Ratio | 26.73 |
| Market Cap | ₹9,206.38 Cr |
| P/B Ratio | 2.02 |
| EPS | 0.14 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹9,206.38 Cr | 0.25% | 0.53 | ₹26 Cr | ₹2,084 Cr |
 | NA | ₹32.08 Cr | 26.41% | 0.53 | NA | NA |
 | BUY | ₹4,122.83 Cr | 158.03% | 0.63 | ₹76 Cr | ₹1,119 Cr |
| NA | ₹42.16 Cr | 63.56% | 1.29 | NA | NA |
 | NA | ₹1,185.43 Cr | 94.38% | 0.76 | NA | NA |
Company Information
Share Price: ₹484.05 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹9,206.38Cr as of today
Revenue: ₹553.56Cr as on March 2024 (Q1 24)
Net Profit: ₹21.38Cr as on March 2024 (Q1 24)
Listing date: 01 Jan, 0001
Chairperson Name: Arvind Uppal
| Organisation | Eureka Forbes Ltd |
| Headquarters | |
| Industry | Consumer Durables |
| E-voting on shares | Click here to vote |
Key events for Eureka Forbes Ltd
Eureka Forbes to Expand Distribution Network and Launch New Products - 22 Jul, 2024
Eureka Forbes plans to double its distribution network and launch new products as it overhauls its portfolio. The company has trimmed its portfolio, reduced costs, and lowered headcount after years of stagnant market share. In FY24, the company's revenue from operations increased 5.2% to ₹2,189.2 crore, while profit after tax jumped more than fivefold to ₹91.5 crore. Eureka Forbes turned net cash positive with a surplus of ₹108 crore, driven by cash generation of ₹194 crore during the year.
Kotak Institutional Equities Retains Buy Rating on Eureka Forbes - 16 Jul, 2024
Kotak Institutional Equities has retained its Buy rating on Eureka Forbes with a price target of ₹700 per share, implying a potential upside of about 40%. The brokerage believes that the low category penetration of water purifiers in India presents an opportunity for consolidation and brand investments to drive awareness. As the market leader, Eureka Forbes is likely to benefit from this trend.
Insights on Eureka Forbes Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 14.93% to 17.09% in Jun 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 542.5 Cr → 555.45 Cr (in ₹), with an average increase of 2.3% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 62.56% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Eco Recycling Ltd has given 479.5% return, outperforming this stock by 492.4%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 3.28% to 2.76% in Jun 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 16.01% to 13.21% in Jun 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 year, Eureka Forbes stock has moved down by -12.9%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 25.83 Cr → 21.39 Cr (in ₹), with an average decrease of 9.0% per quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹553.56Cr | ↑2.62% |
Net Income | ₹21.38Cr | ↓6.92% |
Net Profit Margin | 3.86% | ↓9.39% |
| 2023 | Y/Y Change | |
|---|---|---|
Revenue | ₹2,084.51Cr | ↑446.04% |
Net Income | ₹26.47Cr | ↑910.31% |
Net Profit Margin | 1.27% | ↑84.06% |
| 2023 | Y/Y Change | |
|---|---|---|
Total Assets | ₹6,044.37Cr | ↓1.68% |
Total Liabilities | ₹1,965.04Cr | ↓5.54% |
| 2023 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹171.05Cr | ↑360.18% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 62.56% | 0.00 | |
| Foreign Institutions | 13.21% | ||
| Mutual Funds | 2.76% | ||
| Retail Investors | 17.09% | 14.45 | |
| Others | 4.39% | 36.50 |
Key Indicators
Eureka Forbes Ltd Valuation
Eureka Forbes Ltd in the last 5 years
Lowest (-388.43x)
September 13, 2022
Industry (-333.44x)
July 23, 2024
Today (95.98x)
July 23, 2024
Highest (430.95x)
June 20, 2023
Earnings and Dividends
Eureka Forbes Ltd Earnings Results
Eureka Forbes Ltd’s net profit jumped 3.89% since last year same period to ₹21.39Cr in the Q4 2023-2024. On a quarterly growth basis, Eureka Forbes Ltd has generated -6.88% fall in its net profits since last 3-months.
Read More about Earnings Results
Technicals Summary
Bearish
Neutral
Bullish
Eureka Forbes Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
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Eureka Forbes Ltd (543482) share price today is ₹484.05
Eureka Forbes Ltd is not listed on NSE
Eureka Forbes Ltd is listed on BSE
- Today’s highest price of Eureka Forbes Ltd is ₹495.95.
- Today’s lowest price of Eureka Forbes Ltd is ₹472.25.
PE Ratio of Eureka Forbes Ltd is 95.98
PE ratio = Eureka Forbes Ltd Market price per share / Eureka Forbes Ltd Earnings per share
Today’s traded volume of Eureka Forbes Ltd(543482) is 1.15L.
Today’s market capitalisation of Eureka Forbes Ltd(543482) is ₹9206.38Cr.
| Eureka Forbes Ltd(543482 | Price |
|---|---|
52 Week High | ₹588 |
52 Week Low | ₹397.15 |
Eureka Forbes Ltd(543482) share price is ₹484.05. It is down -17.68% from its 52 Week High price of ₹588
Eureka Forbes Ltd(543482) share price is ₹484.05. It is up 21.88% from its 52 Week Low price of ₹397.15
| Eureka Forbes Ltd(543482 | Returns |
|---|---|
1 Day Returns | 8% |
1 Month Returns | 8.11% |
3 Month Returns | -6.4% |
1 Year Returns | -12.9% |