Eureka Forbes shares fell by 0.58% to ₹574.90 on the National Stock Exchange (NSE) by mid-morning on Friday, despite the company reporting its strongest quarterly performance to date. The stock opened at ₹583.85 but encountered selling pressure, with sell orders totaling 83,028 significantly surpassing buy orders, which stood at 21,093.
On Wednesday, the health and hygiene company released its Q2 FY26 results, revealing a year-on-year revenue growth of 14.9% to ₹773.4 crore. Adjusted EBITDA exceeded ₹100 crore for the first time, reaching ₹101.6 crore, accompanied by a record high margin of 13.1%. Profit after tax increased by 32% to ₹61.6 crore.
Eureka Forbes marked its eighth consecutive quarter of double-digit growth in its product business, with high-teens growth attributed to water purifiers and robotics. The service business also showed positive momentum, experiencing double-digit growth in Annual Maintenance Contract (AMC) bookings.
Trading metrics indicated that shares worth ₹10.53 crore were exchanged, with a deliverable quantity of 64.40%, suggesting genuine investor interest rather than speculative trading behavior. The stock is currently trading well below its 52-week high of ₹655.50, which was reached in May 2025.
Advent International holds 62.56% of the company’s shareholding, giving Eureka Forbes a free float market capitalization of ₹3,934 crore. Despite strong fundamentals and record profitability, profit-booking has affected the stock’s performance today.
Published on November 14, 2025.
