Eureka Forbes Limited reported a strong financial performance for Q4FY26, with revenue growing 11.6% year-on-year to INR 684 crores. This growth was driven by double-digit expansion in the water purifier business and continued momentum in emerging categories such as robotics and air purifiers. The company achieved its highest-ever adjusted EBITDA margin of 13.2% during the quarter, reflecting the inherent strength of its business model despite intensifying input cost inflation.

Financial Performance for Q4FY26 and FY26

For the full year FY26, Eureka Forbes recorded revenue growth of 11.3% to reach INR 2,710 crores, marking the second consecutive year of double-digit growth. The product business delivered growth in the teens for the third year in a row. Adjusted EBITDA for the year grew by 16.4% to INR 332 crores, translating to a margin of 12.2%, which represents an expansion of 55 basis points over the previous year.

The company’s balance sheet strengthened significantly during the year, moving from a net debt of INR 193 crores in June 2022 to a net cash surplus of INR 443 crores. Free cash flow for FY26 stood at INR 237 crores, representing 148% of the reported PAT.

Strategic Initiatives and Operational Highlights

Management highlighted a strategic shift from a single-category company to a multi-category health and hygiene entity. Emerging categories like robotics, air purifiers, and water softeners scaled well during the year. Robotics expanded its presence in organized retail, while air purifiers grew 2.7x in FY26 on a low base. The service business also sustained momentum, with AMC bookings growing in double digits.

To address rising input costs and currency depreciation, the company implemented a calibrated price increase of 6% to 7% on average in April. Management stated that early indicators suggest the price increase has landed well with no material impact on sales volumes. The focus for FY27 remains on stepping up revenue growth while at least holding margins through efficiency improvements and cost control measures.

Outlook and Guidance

Looking ahead to FY27, Eureka Forbes aims to step up revenue growth while maintaining margin levels. The company acknowledged the uncertain macro environment, including geopolitical tensions and inflationary pressures, but expressed confidence in its ability to navigate these challenges. Management reiterated its long-term guidance for FY30, expecting an acceleration in growth compared to FY26.

Lunolux Limited, the promoter of eureka forbes , has filed a declaration with the stock exchanges confirming the non-encumbrance of shares. The disclosure, submitted under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, covers the financial year ended March 31, 2026.

The company stated that neither it nor any persons acting in concert with it have encumbered any shares of Eureka Forbes Limited, either directly or indirectly. This assurance excludes any encumbrances that were already declared during the specified financial year.

Declaration Details

The formal declaration was addressed to the Department of Corporate Services at BSE Limited and the Listing Department at the National Stock Exchange of India Limited. It was signed by Christodoulos Patsalides, Director of Lunolux Limited, on April 3, 2026.

The filing serves as a compliance update regarding the holding status of the promoter group in Eureka Forbes Limited.