Eureka Forbes has revised its audited standalone and consolidated financial statements for the quarter and financial year ended March 31, 2026. The company identified an inadvertent typographical discrepancy in the bifurcation of trade payables, specifically concerning dues to Micro and Small Enterprises (MSME) and dues to other creditors. The total amount of trade payables disclosed in the balance sheet remains correct and unchanged.

The company clarified that this revision has no impact on the Profit & Loss Account, Net Worth, Earnings Per Share, or any other financial parameter. Comparative figures for the previous year are also correct and remain unchanged. The revision was approved by the Board of Directors at its meeting held on May 19, 2026.

Financial Performance Summary

For the full year FY26, the company reported a revenue from operations of ₹2,710.5 Cr on a standalone basis, representing a growth of 11.3% over the previous year. Profit After Tax (PAT) for the year stood at ₹160.2 Cr. On a consolidated basis, revenue from operations was ₹2,709.1 Cr, with a PAT of ₹162.6 Cr.

The following table summarizes the key standalone financial metrics for FY26:

Operational and Balance Sheet Highlights

Eureka Forbes maintained a strong balance sheet, with net surplus touching an all-time high of ₹443.3 Cr in FY26. Free Cash Flow (FCF) for the year was ₹237 Cr, which is 148% of the Profit After Tax. The company continued to invest in growth, with Advertisement & Sales Promotion spends increasing by approximately ₹100 Cr over three years to drive category awareness.

The statutory auditors, Deloitte Haskins & Sells LLP, issued an unmodified opinion on the revised financial results. The company has uploaded the revised statements to its website.

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.