Eureka Forbes Ltd shares jump 10.52% as company announces Q2 and H1 FY2026 results
Why did Eureka Forbes Ltd shares jump today?
Eureka Forbes Ltd shares surged 10.52% to ₹345.55 on Monday at around 02:38 PM, riding strong investor sentiment after the company reported impressive financial results for the second quarter of FY27 (quarter ended September 30, 2026). The company released its Press Release and financial presentation to the BSE and NSE on November 2, 2026, pursuant to SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The strong quarterly performance clearly caught the market's attention and sparked a sharp rally in the stock.
The results revealed robust revenue growth of 15.0% year-on-year, with revenue from operations reaching ₹889.6 crore, achieved on a strong base from the previous year. The product business segment was a key growth driver, posting high-teen revenue growth during the quarter, led by strong demand in Water Purifiers and Emerging Categories. On the profitability front, Adjusted EBITDA margin stood at 13.6%, reflecting an improvement of 43 basis points year-on-year, signaling better cost management and operational efficiency. Meanwhile, Profit After Tax (PAT) grew by 19.1% year-on-year, indicating healthy bottom-line momentum.
The combination of strong top-line growth, expanding margins, and robust profit growth appears to have boosted investor confidence significantly. As one of India's largest health and hygiene companies, Eureka Forbes continues to demonstrate its ability to scale its core water purification business while also pushing into new emerging categories. The positive earnings surprise drove heavy buying interest in the stock, resulting in the sharp double-digit intraday gain seen on Monday.
What does Eureka Forbes Ltd do?
Eureka Forbes Limited is one of India's largest health and hygiene companies. Headquartered in Mumbai, the company is publicly listed on both the Bombay Stock Exchange and the National Stock Exchange of India, trading under the scrip ID EUREKAFORB. The company maintains an active disclosure practice, communicating its quarterly financial performance to stock exchanges and investors, with its company secretary and compliance officer serving as the point of contact for such announcements.
For the quarter ended September 30, 2026, Eureka Forbes reported strong revenue growth of 15.0% year on year, alongside an adjusted EBITDA margin of 13.6%, representing an improvement of 43 basis points over the prior-year period. Profit after tax also grew robustly at 19.1% year on year. These results reflect the company's continued momentum in its health and hygiene business, combining top-line expansion with improving profitability.
Eureka Forbes Ltd Financials
In CroresEureka Forbes Ltd reported revenue of ₹683.72 Crores in the quarter ended March 2026, which increased to ₹700.4 Crores in the quarter ended June 2026, representing a quarter-on-quarter growth of approximately 2.4%. Profit followed a similar upward trajectory, rising from ₹51.03 Crores in March 2026 to ₹56.98 Crores in June 2026, a growth of approximately 11.7%. The profit margin also improved during this period, moving from roughly 7.5% to 8.1%, indicating stronger profitability alongside the moderate revenue growth. Overall, both top-line and bottom-line performance showed positive growth between the two consecutive quarters.
Eureka Forbes Ltd Shareholding Pattern
Promoter holding stands at 62.51% of the total share capital. Foreign Institutional Investors (FIIs) hold 13.22% stake in the company, while Domestic Institutional Investors (DIIs) hold 6.67%. Public shareholders hold the remaining 17.6% stake in Eureka Forbes Ltd.
Eureka Forbes Ltd FAQs
Q: Why did Eureka shares jump 10.52% today?
Please find enclosed the Press Release for the Quarter and Half Year ended September 30, 2026. This corporate action caught investor attention, leading to increased trading activity in the stock.
Q: What is the shareholding pattern of Eureka Forbes Ltd?
As per the latest data, promoters hold 62.51% stake in Eureka Forbes Ltd, while FII holding stands at 13.22%. Domestic institutional investors hold 6.67%, and public shareholders account for 17.6% of the equity.
Q: What is the current stock price of Eureka Forbes Ltd?
Eureka Forbes Ltd shares are currently trading at ₹345.55, recording a gain of 10.52% from the previous close.
Q: What is the market capitalization of Eureka Forbes Ltd?
The company currently has a market capitalization of ₹6691.98 crore, reflecting its valuation in the Indian equity market.