Any current/future new fundraising through debt or equity?

No specific mention of any current or planned new fundraising through debt or equity in the Q3FY24 earnings call transcript. The company highlights strong cash flow generation, with net cash surplus increasing from INR9 crores in September 2023 to INR60 crores in December 2023. Finance charges have reduced by 60% year-on-year due to debt reduction, indicating no immediate need for additional funding. Management focuses on executing transformation agenda to drive sustained profitable growth without signaling new capital raising plans.

Any current/future capex/capital investment/strategic investment?

Capex for the current year is expected to be in the range of INR 40 crores to INR 45 crores, higher than previous levels of INR 17-18 crores. The increase is driven by a strategic choice to move digital development in-house, supported by significant investments in digital teams. The company continues to invest in innovations and building a product pipeline that extends beyond the coming year. These investments are evident in recent product innovations and will continue progressively. Capex guidance for FY'24 and FY'25 was earlier INR 60 crores, but there is potential for efficiency-led adjustm

Future growth expectations in sales/revenue/volumes?

The company expects sustained growth in the long term across all categories—water purifiers, vacuum cleaners, and air purifiers—with robust double-digit volume growth already seen. Growth drivers include penetration expansion by converting non-users, broad-based growth across metro, non-metro, and smaller towns, and channel expansion including direct, modern trade, and e-commerce. Innovation pipeline includes differentiated and premium products at both value and premium ends, aiming for category expansion and increased penetration. Service business and AMC volumes are growing strongly, with in

Future growth expectations in earnings/operating earnings/profits/EPS?

The company expects sustained profitable growth driven by volume growth across all categories (water purifiers, vacuum cleaners, and air purifiers) and channels (modern trade, e-commerce, direct). Margin improvement levers include cost efficiencies in COGS, freight logistics, IT spends, and a favorable product mix towards premium and service businesses. EBITDA margin improved by 111 basis points despite increased advertising spends, implying operating leverage benefits. Gross margin is not capped; efficiencies and scale could further drive EBITDA margin expansion. Service business, especially

Eureka ForbesQ3 FY24Consumer Durables

Eureka Forbes Q3 FY24 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹352P/E: 35.9Market Cap: ₹7.2K CrSector: Consumer Durables

Management growth scorecard

Revenue

Category 3

Margin

Category 2

Fundraise

N/A

Order

N/A

Capex

Yes

1 of 3 growth signals are positive — mixed outlook.

Full analysis

Revenue guidance

Category 3

The company expects sustained growth in the long term across all categories—water purifiers, vacuum cleaners, and air purifiers—with robust double-digit volume growth already seen.
Growth drivers include penetration expansion by converting non-users, broad-based growth across metro, non-metro, and smaller towns, and channel expansion including direct, modern trade, and e-commerce.
Innovation pipeline includes differentiated and premium products at both value and premium ends, aiming for category expansion and increased penetration.
Service business and AMC volumes are growing strongly, with initiatives to formalize parallel market services, supporting profitability.
Advertising and promotion investments will continue to fuel growth, balanced against cost optimization for margin expansion.
Growth rate in sales/revenue is expected in the range of 15%-17% over the coming years, with potential for step-up as brand investments mature.
Rural portfolio is small but planned for significant future expansion due to improving power availability and infrastructure.

Margin guidance

Category 2

The company expects sustained profitable growth driven by volume growth across all categories (water purifiers, vacuum cleaners, and air purifiers) and channels (modern trade, e-commerce, direct).
Margin improvement levers include cost efficiencies in COGS, freight logistics, IT spends, and a favorable product mix towards premium and service businesses.
EBITDA margin improved by 111 basis points despite increased advertising spends, implying operating leverage benefits.
Gross margin is not capped; efficiencies and scale could further drive EBITDA margin expansion.
Service business, especially AMC volumes and value, is a significant growth and profitability driver.
Advertising and promotional spends will continue to support growth and innovation, with expectations to sustain or increase EBITDA margin to around 12%-15% over time.
Management remains focused on long-term margin improvement and profitable growth through innovation, cost control, and market penetration efforts.

See what Eureka Forbes management said on margin guidance — free account, 30 seconds.

Fundraise plans

No specific mention of any current or planned new fundraising through debt or equity in the Q3FY24 earnings call transcript.
The company highlights strong cash flow generation, with net cash surplus increasing from INR9 crores in September 2023 to INR60 crores in December 2023.
Finance charges have reduced by 60% year-on-year due to debt reduction, indicating no immediate need for additional funding.
Management focuses on executing transformation agenda to drive sustained profitable growth without signaling new capital raising plans.

Order book

The transcript and provided pages from the Eureka Forbes Q3FY24 Earnings Conference Call do not mention any specific details about the current or expected order book or pending orders. The discussion primarily focuses on: - Volume growth and market share gains - Margin improvement strategies - Service business growth and challenges related to parallel market servicing - Innovation, product launches, and channel expansion - Operational efficiencies and future capex outlook No explicit quantitative or qualitative information on orderbook or pending orders is provided in the text.

See what Eureka Forbes management said on order book — free account, 30 seconds.

Capex plans

Yes

Capex for the current year is expected to be in the range of INR 40 crores to INR 45 crores, higher than previous levels of INR 17-18 crores.
The increase is driven by a strategic choice to move digital development in-house, supported by significant investments in digital teams.
The company continues to invest in innovations and building a product pipeline that extends beyond the coming year.
These investments are evident in recent product innovations and will continue progressively.
Capex guidance for FY'24 and FY'25 was earlier INR 60 crores, but there is potential for efficiency-led adjustments.
Overall, capital allocation prioritizes building strong digital capabilities, innovation, and a robust product portfolio, aligned with long-term growth and profitability objectives.

Track Eureka Forbes — get its next earnings analysis in your feed

How does Eureka Forbes rank vs peers in Consumer Durables?

Pro feature

ThisEureka Forbes

Rev 3Mar 2

See where Eureka Forbes sits in Consumer DurablesSee which companies these are, and every other name in the sector.Open rankings

How does Eureka Forbes rank in Consumer Durables?

Compare Eureka Forbes against every Consumer Durables company (Q3 FY24) on revenue, margins and earnings-call signals.

View Consumer Durables leaderboard →

What Eureka Forbes's management said in earlier quarters

Others in Consumer Durables this season

Khadim India Ltd (Q1 FY27)
Revenue from Operations for Q1 FY27 stood at ₹778.4 Mn, down by -18.7% YoY (Page 17, 15). Key investor presentation takeaways from Khadim India Ltd's Q1 FY27 in
Duroply Industries Ltd (Q1 FY27)
Year-on-year (YoY) revenue growth: 6.49% (Q1 FY27 vs Q1 FY26) . Key investor presentation takeaways from Duroply Industries Ltd's Q1 FY27 investor presentation
Deepa Jewellers Ltd (Q1 FY27)
Q1-FY27 Revenue from Operations: INR 4,311 Mn, up 39.0% YoY from INR 3,101 Mn in Q1-FY26 (Page 13, 11) . Key investor presentation takeaways from Deepa Jeweller
Priority Jewels Ltd (Q1 FY27)
Revenue from Operations for 3 months ended June 30, 2026 (3M27): ₹1,250 million (page 18). Key investor presentation takeaways from Priority Jewels Ltd's Q1 FY2

Compare:vs Titan Company Ltd vs Asian Paints vs LG Electronics

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →