Eureka Forbes' Q2 FY 2025-26 Quarterly Results

Result Summary

• Eureka Forbes Ltd reported a 26.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 15.0%.
• Its expenses for the quarter were up by 23.1% QoQ and 12.6% YoY.
• The net profit increased 62.6% QoQ and increased 31.8% YoY.
• The earnings per share (EPS) of Eureka Forbes Ltd stood at 3.23 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Eureka Forbes Ltd is a well-established company primarily engaged in providing water purification, vacuum cleaning, and air purification products and services. Known for its popular brands such as Aquaguard and Euroclean, Eureka Forbes operates in the consumer goods sector with a focus on health and hygiene solutions. The company has a significant presence in the Indian market and has been expanding its portfolio and distribution network over the years. Recent developments in the company include efforts to enhance product innovation and expand its reach in the domestic market. As of this analysis, specific recent developments or strategic initiatives beyond this scope are not available.

Revenue

For the quarter ending in Q2FY26, Eureka Forbes Ltd reported a total income of ₹778.06 crores. Compared to the previous quarter, Q1FY26, where the total income was ₹615.31 crores, there was a quarter-over-quarter (QoQ) increase of 26.5%. When compared to the same quarter in the previous fiscal year, Q2FY25, which had a total income of ₹676.53 crores, the year-over-year (YoY) growth is noted at 15.0%. This increase in revenue suggests a positive trajectory in the company's income generation capabilities over both quarterly and yearly comparisons.

Profitability

Eureka Forbes Ltd's profitability metrics show significant improvements in the recent quarter, Q2FY26. The profit before tax (PBT) increased to ₹84.97 crores from ₹52.07 crores in Q1FY26, marking a 63.2% QoQ growth. Compared to Q2FY25's PBT of ₹63.74 crores, there is a 33.3% YoY increase. The profit after tax (PAT) for Q2FY26 stands at ₹62.92 crores, up from ₹38.70 crores in the previous quarter, reflecting a 62.6% QoQ rise, and a 31.8% increase from Q2FY25's PAT of ₹47.74 crores. This upward trend in profitability is further highlighted by the earnings per share (EPS) which rose to ₹3.23 in Q2FY26 from ₹1.99 in Q1FY26 and ₹2.46 in Q2FY25, showing 62.3% QoQ and 31.3% YoY growth.

Operating Metrics

The total expenses for Eureka Forbes Ltd in Q2FY26 were ₹693.09 crores, which denotes a 23.1% increase from Q1FY26's expenses of ₹563.24 crores, and a 12.6% rise from Q2FY25's ₹615.80 crores. The tax expenditure for the current quarter also saw an increase to ₹22.05 crores from ₹13.37 crores in the previous quarter, a 64.9% QoQ increase, and from ₹15.99 crores in Q2FY25, a 37.9% YoY increase. These figures reflect the company's operational cost management and its impact on net profitability. The increase in total income and expenses in the current quarter juxtaposes the company's efforts in scaling its business operations effectively.