Eureka Forbes Share Price

Eureka Forbes Limited, together with its subsidiaries, is a well-known Indian consumer durables company primarily engaged in the manufacturing, selling, renting, and servicing of vacuum cleaners, water purifiers, and air purifiers. The company has been a prominent player in the home appliance industry for over four decades. It operates through a robust direct-to-consumer sales and service network, which has historically been its key strength. Its product portfolio includes a range of water purification systems under the brand name Aquaguard, vacuum cleaners under Euroclean, and a line of air purifiers and home cleaning solutions.

The Eureka Forbes share price today on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries. All these factors must be closely monitored to have an idea about the Eureka Forbes stock price movements.

Eureka Forbes live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of Eureka Forbes live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Eureka Forbes share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

Eureka Forbes Limited Company Fundamentals

A. Company Background

Eureka Forbes Limited is an Indian consumer durables company primarily engaged in the manufacturing, selling, renting, and servicing of water purifiers, vacuum cleaners, and air purifiers. It is a subsidiary of Advent International Corp., a global private equity firm. The company was incorporated in 2008, though its roots in the consumer appliance market go back over four decades. The company has its registered office in Mumbai, Maharashtra. Eureka Forbes is widely recognised for its brand name Aquaguard, which has become synonymous with water purifiers in India. The company initially focused on water purification systems and later diversified into a broad range of home appliances, including vacuum cleaners and air purifiers. Over the years, it has built a formidable direct-to-consumer sales and service network, which has been its key competitive advantage. Eureka Forbes operates through a mix of direct sales, retail outlets, and e-commerce platforms. It also exports products to international markets, including the Middle East, Africa, and Southeast Asia. The company has invested in product innovation, venturing into robotics with the launch of a robotic vacuum cleaner. It operates within India’s growing consumer durables industry, driven by urbanisation, rising health awareness, and increasing demand for modern home solutions.

B. Product Lines

• Water purifiers (under the brand name Aquaguard, including wall-mounted, countertop, and high-end RO+UV purification systems)

• Vacuum cleaners (under the brand name Euroclean, including canister, handheld, and robotic vacuum cleaners)

• Air purifiers

• Water dispensers

• Home cleaning solutions and accessories

C. Company Revenue Model

• Primary revenue from the sale of water purifiers and other home appliances through direct selling, retail outlets, and e-commerce platforms

• Revenue from after-sales service, including the sale of consumables (such as filters) and annual maintenance contracts (AMCs), which provide a recurring income stream

• Revenue from the rental of water purifiers under a subscription model

• Revenue from exports of products to international markets

• Revenue from the trading of electronic air cleaning systems

D. Geographic Presence

• Registered office and corporate headquarters located in Mumbai, Maharashtra, India

• Strong pan-India presence across urban and semi-urban markets through a vast network of direct selling agents, dealers, and exclusive brand outlets

• Extensive service network covering major cities and towns in India, providing after-sales support and consumables

• Exports to regions such as the Middle East, Africa, and Southeast Asia

• Focus on expanding its presence in tier-2 and tier-3 cities for domestic expansion

• Increasing penetration through online sales channels across India

E. Key Milestones

• 2008: Incorporated in 2008

• 2019: Launched robotic vacuum cleaner in India

• 2021: Strengthened product portfolio with new air purifiers and advanced water purifiers

• 2023-2024: Faced significant competition from digital-first brands, impacting traditional service-led model

• 2025: Appointed new head of brand communications and content

• 2025: UBS sees 45% upside in stock, stating market under-appreciating the stock

• 2025: Q1 revenue grew 9.9% YoY to Rs 607.7 crore despite soft demand environment

• 2025: Q2 revenue rose to Rs 645.4 crore, driven by strong growth in the robotics segment

• 2025-2026: Q3 net profit declined 71.4% YoY to Rs 10.02 crore, impacted by labour code changes

F. Industry Perspective: Consumer Durables and Home Appliances Industry in India

Eureka Forbes operates in the consumer durables and home appliances industry, a sector that has witnessed robust growth in India. Globally, the home appliances market is driven by innovation, urbanisation, and rising disposable incomes. In India, the consumer durables market is projected to reach Rs 3 lakh crore by FY29, growing at a CAGR of around 11 per cent. The market for household appliances was estimated at USD 22.45 billion in 2024 and is expected to grow at a CAGR of 7.2% from 2025 to 2030. The sector contributes approximately 0.6% of India’s GDP and is expected to grow at an 11% CAGR to reach INR 3 lakh crore by FY29. Demand is driven by increasing health awareness (especially for water and air purifiers), urbanisation, rising middle-class income, and the trend of premiumisation. The shift towards smart and robotic appliances is also gaining traction. The water purifier market, in particular, has seen intense competition from digital-first players like Urban Co.’s Native and Atomberg, who have challenged Eureka Forbes’s traditional service-led model with transparent pricing and predictable servicing. Overall, the industry remains a stable, consumption-driven growth sector in India.

Eureka Forbes Limited Stock Market Presence: Listings & Index Representation

Eureka Forbes Limited is actively traded on India‘s principal equity markets, with its shares listed on the National Stock Exchange of India (NSE) under the symbol EUREKAFORB and on the Bombay Stock Exchange (BSE) with the scrip code 543482. Its listing on both exchanges ensures that the Eureka Forbes share price is accessible to a wide investor base, encompassing both retail and institutional market participants. The company is classified as a small-cap stock and forms part of several benchmark indices that represent broad market segments. Eureka Forbes is included in indices such as the BSE 500, BSE AllCap, BSE SmallCap, and Nifty Smallcap 250. These index participations signal the company‘s relevance within market categories that attract both active and passive investment flows. Being represented in multiple indices enhances the visibility and liquidity of the Eureka Forbes stock price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India‘s consumer appliances landscape. The inclusion of Eureka Forbes in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the stock price to corporate and industry developments.

Eureka Forbes Limited Stock Performance and Share Price History

The Eureka Forbes share price has displayed a volatile but overall upward trajectory over the past decade. As of April 2026, the Eureka Forbes share price is around ₹463 (NSE). Over a 10-year period, the Eureka Forbes share price has delivered a return of approximately 230.19%. The Eureka Forbes share price has reached a 52-week high of ₹668.30 and a low of ₹403.20. In the last 1 year, the Eureka Forbes share price has given a negative return of around 11.46%, reflecting the headwinds from increased competition and margin pressures. Over longer timeframes, the performance has been mixed; the 3-year return is approximately -1.79%, while the 5-year return is around 215.1%. The Eureka Forbes share price has seen a 3-year return of 44.9% according to other sources, highlighting varying data points.

The Eureka Forbes stock price has been highly responsive to quarterly results. For example, when the company posted a strong 9.9% YoY revenue growth in Q1 FY26, the Eureka Forbes stock price saw a positive reaction. Conversely, a 71.4% drop in Q3 FY26 net profit led to a negative impact on the Eureka Forbes stock price. The Eureka Forbes share price has shown a pattern of positive momentum following new product launches like the robotic vacuum cleaner, while periods of weak financials or intensifying competition have led to consolidation in the Eureka Forbes stock price. The Eureka Forbes share price has a 10-year compounded profit growth of 103.6%, reflecting its earnings trajectory over the long term. The Eureka Forbes share price is also influenced by analyst reports, with UBS seeing a 45% upside and stating the market is under-appreciating the stock. Comprehending these patterns in the Eureka Forbes share price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the Eureka Forbes stock price movements illustrate how industry fundamentals, product cycles, competition, and investor expectations converge in market pricing.

Eureka Forbes Limited Investor Relevance and Role in Portfolio

Eureka Forbes holds a distinctive position for portfolio investors who seek exposure to the Indian consumer durables sector with a focus on home appliances and water purification. The company‘s diversified product mix across water purifiers, vacuum cleaners, and air purifiers aligns it with investment strategies that value both urban discretionary consumption and the growing demand for health and hygiene products. The Eureka Forbes share price often mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor urban consumption indicators and brand strength factors when evaluating allocation decisions.

Institutional stakeholders play a significant role in Eureka Forbes‘s ownership profile. The promoters hold approximately 62.56% of the company. Mutual fund holders of Eureka Forbes include Union Small Cap Fund, Tata Mutual Fund – Tata Small Cap Fund, and other institutional investors. Foreign institutional investors (FIIs) hold about 13.87% of the company. The retail and other shareholder category holds approximately 17.13% of the company. Promoters have pledged 53.66% of their holdings. These investors represent a blend of domestic and international perspectives that contribute to the stock‘s market liquidity and visibility within broader investment frameworks.

Based on data, the beta for Eureka Forbes has been recorded at 1.17, indicating that the stock has exhibited higher volatility than the broader market over the measured period. Other sources report a beta coefficient of 1.34. The Eureka Forbes share price has shown periods of heightened responsiveness to sector-specific news, quarterly earnings releases, and product launches. The weekly volatility (4%) has been relatively stable. The Eureka Forbes share price reflects that the company‘s established brand presence and extensive service network may provide some resilience, though the consumer durables sector remains sensitive to raw material price fluctuations and intense competition from digital-first brands. The Eureka Forbes stock price is thus viewed as a growth opportunity within a portfolio context with moderate to high volatility characteristics.

Eureka Forbes Limited Sectoral Relevance and Peer Positioning

The sector relevance of Eureka Forbes is anchored in its role within the broader Indian consumer durables and home appliances industry, where it competes with other diversified consumer goods companies. As part of this industry, the company‘s strategic positioning connects water purifiers, vacuum cleaners, and air purifiers that serve multiple household needs. Competitors in adjacent segments include companies such as Crompton Greaves Consumer Electricals Ltd., Dolphin Kitchen Utensils and Appliances Ltd., Kent RO Systems Ltd., Ion Exchange (India) Ltd., and Hindustan Unilever Ltd. In the water purifier space, it faces intense rivalry from digital-first brands like Urban Co.‘s Native and Atomberg, who are disrupting its traditional service-led model. Firms with parallels in either product complexity or brand recognition are often referenced when evaluating relative performance and operational positioning within the sector.

In valuation terms, factors like the Eureka Forbes P/E ratio tend to reflect narrative shifts in earnings expectations and investor confidence relative to these peers. The Eureka Forbes P/E ratio has fluctuated, with a TTM P/E of around 32. Eureka Forbes earnings (net profit) have been inconsistent, with a 71.4% drop in Q3 FY26 to ₹10.02 crore. For FY25, net profit increased by 72%. The net profit margin for TTM is around 4.37%. Eureka Forbes EPS has also been volatile, with diluted EPS of ₹2.46 in FY25. Eureka Forbes market cap is approximately ₹8,319.18 crore as of April 2026. This directional behaviour in valuation multiples demonstrates how market expectations around growth prospects and earnings durability influence broader assessment of the Eureka Forbes share price within its industry context. The Eureka Forbes stock price remains a key barometer for the water purifier and home appliance segment.

Over the last ten years, Eureka Forbes market cap has shown a pattern of significant growth. The company’s market cap has increased from lower levels to approximately ₹8,319 crore in 2026. This growth reflects investor confidence in the brand’s long-term potential and the expanding consumer durables market in India, despite near-term challenges.

Eureka Forbes earnings, in terms of net profit, have exhibited a pattern of high volatility over the past decade. Net profit increased significantly in FY25, up 72%. However, Q3 FY26 saw a 71.4% decline to ₹10.02 crore. This recent earnings moderation reflects the impact of intense competition from digital-first rivals, labour code-related expenses, and a high interest cost environment.

Eureka Forbes EPS history over the past decade has shown a pattern of volatility. Diluted EPS was ₹2.46 in FY25, down from ₹3.23 in FY21. The inconsistent EPS trajectory reflects the company’s struggle to maintain profitability in the face of rising competition and operational costs.

Eureka Forbes P/E ratio history has shown a pattern of expansion, reaching elevated levels in recent years. The current P/E ratio of around 32 reflects a premium valuation, indicating that investor expectations remain anchored to the company’s brand strength and potential for a turnaround. This valuation is at a premium to some of its more profitable peers.

Summary

Eureka Forbes is a well-known Indian home appliance company listed on both the NSE and BSE, where the Eureka Forbes share price reflects brand strength, product cycles, and competitive dynamics within the consumer durables sector. Its representation in multiple stock indices supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader urban consumption patterns. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in the Indian home appliance market.