EUREKA FORBES LIMITED

Eureka Forbes Limited reported a revenue growth of 15.3% year-on-year for Q1 FY27, reaching INR 701 crores, driven by strong performance in the water purifier segment and emerging categories like robotics and water softeners. Management noted that the water purifier category experienced high teens growth, supported by double-digit volume increases. The company also highlighted successful marketing initiatives, including a campaign featuring a celebrity to boost robotics adoption. Despite inflationary pressures impacting gross margins, which declined to 58.4%, management expressed confidence in maintaining EBITDA margins in line with the previous year. The service revenue growth remained stable, although some bookings were deferred due to recent price increases. Management emphasized ongoing investments in brand and distribution capabilities to support future growth, while also focusing on operational efficiencies to mitigate cost pressures.

The document presented both positive growth metrics and challenges related to inflation and service revenue.