Eureka Forbes Limited — Q1FY27 Earnings Call Summary

EUREKAFORB · Q1FY27 · Filed 19 Aug 2026

Key Takeaways

• FY27 EBITDA margin expected broadly in line with last year, with cost efficiencies and operating leverage offsetting pressures
• Long-term ambition: 2x revenue and 3x EBITDA by FY30, with strong growth in core and emerging categories
• Q1 FY27 revenue grew 15.3% y-y to INR701 Cr, driven by broad-based product growth, especially water purifiers
• Gross margin at 58.4%, down 131 bps y-y due to commodity costs and currency impact; price hikes calibrated to balance growth and margin
• Service revenue growth steady; AMC price hikes (3-12%) caused some booking deferrals, expected to normalize
• Robotics segment expected to be INR1000 Cr business by FY30, leveraging full portfolio, service network, and brand strength
• Water purifier category grew high teens with double-digit volume growth; emerging categories like robotics and softeners showed strong growth
• Market share gains in water purifier driven by consumer propositions and execution, not competitor supply issues
• Ongoing cost optimization and productivity initiatives in place to maintain margins amid inflationary pressures
• Adjusted EBITDA margin declined 46 bps y-y to 10.5% due to gross margin moderation and higher growth investments

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.