Eureka Forbes

Q3 FY26Consumer Durables

Eureka Forbes Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q3 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹410

Market cap₹8.0K Cr

P/E40.1

Updated26 Aug 2026

Read4 min read

The short version

Q3 FY26 was a one-off aberration; Q4 growth expected to exceed YTD FY26 growth of 11.1%. The company expects Q4 FY26 growth to be ahead of the YTD FY26 growth of 11.1%, recovering from a Q3 one-off channel-specific slowdown.

From Eureka Forbes's Q3 FY26 earnings-call transcript · updated 26 Aug 2026.

Revenue & Sales Performance

Q3 FY26 was a one-off aberration; Q4 growth expected to exceed YTD FY26 growth of 11.1%.
The company remains confident in the longer-term ambition of doubling revenue (2x) and tripling EBITDA (3x) by FY30.
Growth across emerging categories like Robotics, Softeners, Air Purifiers is strong and expected to continue.
Water Purifier segment shows sustained double-digit growth outside e-commerce, with a return to strong momentum anticipated as channel issues normalize.
The business aims for a progressive, graded trajectory toward its 5-year growth and margin roadmap.
Capex investment planned in the range of INR 60-70 crores in FY26 to support organic growth; inorganic growth opportunities evaluated cautiously for value creation.
Increased advertisements and category awareness efforts to drive expansion across segments.

Profitability & Margins

The company expects Q4 FY26 growth to be ahead of the YTD FY26 growth of 11.1%, recovering from a Q3 one-off channel-specific slowdown.
Ambition to achieve 2x revenue and 3x EBITDA by FY30 with a graded, progressive journey focused on profitable growth.
Multiple levers for growth include penetration increase, premiumization, awareness campaigns, innovations, wider distribution, and service network expansion.
Emphasis on increasing aftermarket service revenues, particularly filters, expected to positively impact revenue from Q2 FY27 onwards.
Gross margins to remain range-bound with ongoing cost optimization; focus on EBITDA margin improvement while balancing growth investments.
Cash balance will primarily be used for organic and inorganic growth opportunities, subject to value creation and business synergy criteria.
The Water Purifier segment’s growth outlook remains strong due to category under-penetration and rising awareness of water contamination issues.

See what Eureka Forbes said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

YTD FY26 capex is close to INR 60 crores.
Guidance for FY26 capex remains in the range of INR 60 crores to INR 70 crores.
Primary focus of cash deployment is on growth investments, including organic and inorganic opportunities.
Company is open to inorganic growth opportunities subject to business sense, synergies, complementarities, accretion, and value creation.
Capability-building projects in supply chain and IT have led to certain one-time costs.
No specific mention of strategic investments or large-scale capital projects beyond the capex guidance and ongoing evaluation of inorganic opportunities.

Top-ranked in Consumer Durables

Ranked on what management guided this quarter

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4₹1.6K Cr

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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

No mention of any current or planned fundraising through debt or equity in the Q3 FY26 earnings call.
The company is focused on using its growing cash balance primarily for growth investments, both organic and inorganic.
Discussions are ongoing about rewarding shareholders, but any decision will be subject to Board approval.
The preference is to deploy cash for growth opportunities rather than fundraising.
No specific plans or targets for raising capital via debt or equity have been indicated as per the transcript.

See what Eureka Forbes said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided pages from the Q3 FY26 Earnings Conference Call transcript do not mention or provide any information about the current or expected order book, or pending orders. The discussion primarily revolves around: - Growth strategies and investment plans, including inorganic growth opportunities. - Challenges and outlook in the e-commerce channel and inventory normalization. - Cost optimization and gross margin trends. - Customer experience improvements and service revenue growth. - Market dynamics and category growth, especially in water purifiers and emerging categories. If you need details specifically about order book or pending orders, that information appears not to be covered in these pages. Please provide additional pages or specify another section for further details.

Eureka Forbes — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹684 Cr, net profit ₹51 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Eureka Forbes Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Eureka Forbes Q3 FY26 results?

What is Eureka Forbes share price analysis?

Eureka Forbes currently shows a neutral. The stock trades at a P/E of 40.1 with a market cap of ₹8,027 Cr. Investors should review the full earnings analysis for detailed insights.

Is Eureka Forbes planning capital expenditure?

YTD FY26 capex is close to INR 60 crores.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.