Eureka Forbes Limited announced strong financial results for the quarter and financial year ended March 31, 2026. The company achieved a healthy 11.6% year-on-year revenue growth in Q4, supported by double-digit growth in its water purifier business and strong performance in emerging categories. The company also reached its highest-ever quarterly adjusted EBITDA margin of 13.2%, marking a significant milestone in its multi-category health and hygiene transformation strategy.
Financial Performance Overview
Eureka Forbes closed the 2026 financial year with strong operational results. For the full year, the company delivered a 11.3% revenue growth, marking its second consecutive year of double-digit expansion. This growth was driven by multiple product engines, including water purifiers, robotics, softeners, and air purifiers. Adjusted EBITDA for the year grew by 16.4% to Rs 331.9 crore, with margins expanding by 55 bps to 12.2%, reflecting the company’s third consecutive year of margin expansion.
Quarterly Highlights
In the fourth quarter (Jan-Mar 2026), the company demonstrated resilience in a challenging environment. Quarterly revenue reached Rs 683.8 crore, an 11.6% increase compared to the same period last year. Notably, the business achieved its highest-ever quarterly adjusted EBITDA margin at 13.2%. Profit after tax (pre-exceptional items) for the quarter stood at Rs 51.1 crore, growing by 3.9% year-on-year.
Strategic Transformation and Outlook
Management highlighted that Eureka Forbes is successfully executing its transformation into a multi-category health and hygiene tech leader. The company’s focus remains on aggressive growth and productivity improvements. Key strategic initiatives include a Rs 84 crore capex investment in FY26, representing a 53% increase, and a calibrated price increase of up to 10% effective April 1, 2026, to combat inflationary pressures. The company also reported a record net surplus of Rs 443 crore, strengthening its balance sheet for future growth.
Market Opportunity
Eureka Forbes continues to capitalize on under-penetrated categories in the Indian market. With low current penetration levels in key segments like water purifiers (7%), vacuum cleaners (2%), and air purifiers (1%), the company sees a long runway for sustained growth. The firm’s long-term ambition for FY30 targets a more than 2x increase in revenue and a more than 3x increase in EBITDA compared to FY25 levels.
Source: BSE
