| Management target | Revenue 100.0% FY30 |
|---|
| Revenue growth | 15.3% YoY growth to ₹701 crore; product business grew in late teens. |
|---|---|
| Margins | EBITDA margin fell to 10.5% due to higher input and ad costs. |
| Demand visibility | Positive momentum across all product categories supported by low penetration levels. |
| Management confidence | Balanced; focused on aggressive execution despite inflationary and currency volatility pressures. |
Growth
Product business grew in late teens with double-digit volume growth in water purifiers and robotics.
Outlook
Management aims for 2x revenue and 3x EBITDA by FY30, expecting margins to stabilize YoY.
Risks
AMC renewals saw deferrals following price hikes; gross margins fell 131 bps due to currency/commodity headwinds.
Last quarter's promises, checked
Delivered
- Guided double-digit product growth → delivered late teens (= BEAT)
- Guided 6-7% price hike implementation → delivered 15.3% revenue growth (= BEAT)
- Guided step-up in service revenue → delivered growth in line with AMC bookings (= BEAT)
Partly delivered
- Guided volume-led growth → delivered volume growth but offset by margin squeeze (= PARTIAL)
Missed
- Guided to hold margins at least → delivered 10.5% vs 13.2% prev quarter (= MISS)
Earnings Call Transcript filed with BSE, NSE: EUREKAFORB. Summary written with AI assistance from the document.
Eureka Forbes Ltd: key numbers
- Share price
- ₹370.85
- Market cap
- ₹7,181 Cr
- Revenue (annual)
- ₹2,709 Cr
- Net profit (annual)
- ₹162.6 Cr
- P/E (TTM)
- 39.7×Sector 45.9×
- Promoter holding
- 62.55%-0.01% QoQ
- FII holding
- 13.24%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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