Eureka Forbes Limited — Q1FY27 earnings call summary

Filed 19 August 2026 · Official transcript

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