Eureka Forbes Limited · NSE:EUREKAFORB
Eureka Forbes — Q2 FY27 Earnings Presentation
36 slides from Eureka Forbes's earnings presentation, Nov 2, 2026
Slide 1: Exchange filing cover letter
November 02, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block - G, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 543482 Scrip ID: EUREKAFORB Symbol: EUREKAFORB Ref.: EFL/BSE/2026-27/48 R
Slide 2: Press Release: Financial Results for Q2 FY27
PRESS RELEASE Mumbai, November 2, 2026 Financial Results for Q2 FY27 Strong revenue growth at 15.0% YoY; Adj. EBITDA margin at 13.6%, increase of 43 basis points YoY; PAT growth at 19.1% YoY Eureka Forbes Limited, one of India’s largest health and hygiene companies, today announced its financial res
Slide 3: CEO commentary and about Eureka Forbes
Commenting on the performance, Mr. Pratik Pota, MD, and CEO, Eureka Forbes Limited said, “We delivered another strong quarter in Q2 FY27 with a revenue growth of 15.0% YoY. Growth was broad-based across all channels and categories. Water Purifiers continued their strong performance with high-teens g
Slide 4: Eureka Forbes Q2 FY27
EUREKA of FORBES Friends For Life Q2 FY27 | Earnings Presentation | November 2, 2026
Slide 5: Disclaimer
Disclaimer The statements contained in this document speak only as at the date as of which they are made and certain statements made in this presentation relating to the Company’s objectives, projections, outlook, expectations, estimates, among others may constitute ‘forward-looking statements’ with
Slide 6: Agenda
➢ Q2 FY27 Highlights ➢ Strategy Update ➢ H1 FY27 Summary ➢ Overview ➢ Eureka Forbes ➢ Industry 3
Slide 7: Executive Summary
Executive Summary Strong Revenue Core Water Purifier Business Emerging Categories Growth Sustained Grewbusiness Service in High Teens turnaround Robust Continued Scale-Up growth in a challenging environment Premiumisation-led growth in Robotics; Revenue growth at 15.0% YoY, led by Water Purifier gro
Slide 8: Q2 FY27 Financial Highlights (Standalone)
Q2 FY27 Financial Highlights (Standalone) Q2 FY27 Q2 FY26 YoY Revenue Rs. 889.6Cr Rs. 773.4Cr +15.0% Adj. EBITDA * Rs. 120.7Cr Rs. 101.6Cr +18.8% Adj. EBITDA Margin 13.6% 13.1% +43bps Adj. PBT ** Rs. 104.7Cr Rs. 88.9Cr +17.8% PAT Rs. 73.3Cr Rs. 61.6Cr +19.1% * Adjusted (Adj.) EBITDA is defined as PB
Slide 9: Q2 FY27 P&L Statement (Standalone)
Q2 FY27 P&L Statement (Standalone) Particulars (Rs. Cr) Q2 FY27 Q2 FY26 YoY (%) Q1 FY27 QoQ (%) Revenue 889.6 773.4 15.0% 700.8 26.9% Employee Benefit Expenses 91.0 80.0 13.7% 90.0 1.0% Service Charges 95.6 84.8 12.8% 83.4 14.6% Other Expenses 183.1 170.6 7.3% 162.0 13.0% Total Expenses 369.7 335.4
Slide 10: Revenue: Strong Growth Momentum Sustained
Revenue: Strong Growth Momentum Sustained Revenue Growth YoY 14.9% 15.3% 15.0% 11.6% 8.0% Q2 FY26 Q3 FY26 Q4FY26 Q1FY27 Q2FY27 ▪ Revenue growth of 15.0% over a base of 14.9% growth in Q2 FY26 ▪ Products Business grew in high teens YoY, reflecting continued strength across categories ▪ Water Purifier
Slide 11: Adj. EBITDA Margin: Expanded 43 Basis Points YoY to 13.6%
Adj. EBITDA Margin: Expanded 43 Basis Points YoY to 13.6% Adj. EBITDA Margin 13.1% 13.2% 13.6% 11.3% 10.5% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2FY27 ▪ Operating expenses ratio improved by 181 basis points YoY to 41.6% of revenue ▪ Gross margin declined by 138 basis points YoY to 55.1%, primarily due to
Slide 12: Net Surplus: Healthy Cash Balance
Net Surplus: Healthy Cash Balance Net Surplus (Rs. Cr) 443 425 300 304 228 Q2FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2FY27 Net Surplus 199 271 414 396 270 (Post lease liability) Credit Rating Upgrade by Crisil from Crisil AA-/Positive to Crisil AA/Stable 9
Slide 13: Agenda
➢ Q1 FY27 Highlights ➢ Strategy Update ➢ H1 FY27 Highlights ➢ Overview ➢ Eureka Forbes ➢ Industry 10
Slide 14: EFL Transformation Strategy
EFL Transformation Strategy Re-Imagine EFL As A D2C Health and Hygiene Tech Leader Provide Every Indian Access to Safe & Healthy Water, Clean Earth & Pure Air Grow Expand Excel In Build D2C Water Portfolio Service Platform Penetration Convenient Cleaning Customer Experience Convenience Premiumizatio
Slide 15: Grow Water: High Teens Growth In Revenue Led By Volumes
Grow Water: High Teens Growth In Revenue Led By Volumes Key Highlights Launch of Industry-First 4X-Product Range Growth Led By Economy Segment & Stainless Steel Product Range Click on the above image to view the video Significant Market Share Gains 12
Slide 16: Expand Portfolio: Sustained Momentum In Robotics
Expand Portfolio: Sustained Momentum In Robotics Key Highlights Increasing Consumer Acceptance Driving Growth Premiumisation Led Growth 3 New SKUs Launched In Festive Season Click on the above image to view the video 13
Slide 17: Expand Portfolio: Investments In Category Creation
Expand Portfolio: Investments In Category Creation Water Softeners Air Purifiers Click on the above image to view the video New Influencer Led Marketing Campaign Strengthened Product Portfolio With Several Launched For The First Time New Launches Under The Brand Aeroguard
Slide 18: Excel In Service: Driving Filter Awareness & Service Levels
Excel In Service: Driving Filter Awareness & Service Levels Key Highlights Continued Focus On Driving Consumer Awareness Filter Sales Accelerated YoY Same Day Service Promise Launched : Aquaguard Express Care Click on the above images to view the video 15
Slide 19: Elevating Brand Visibility Across Modern Retail
Elevating Brand Visibility Across Modern Retail 16
Slide 20: Management Views
Management Views “We delivered another strong quarter in Q2 FY27 with a revenue growth of 15.0% YoY. Growth Mr. Pratik Pota was broad-based across all channels and categories. Water Purifiers continued their strong MD & CEO performance with high-teens growth and healthy market share gains, while our
Slide 21: Agenda
➢ Q1 FY27 Highlights ➢ Strategy Update ➢ H1 FY27 Highlights ➢ Overview ➢ Eureka Forbes ➢ Industry 18
Slide 22: H1 FY27: Key Highlights
H1 FY27: Key Highlights Significant Step-Up Core Water Purifier Business Emerging Categories Scale Up In Revenue Growth ServiceAccelerated business turnaround Robust growth in a Continued challenging environment H1 revenue growth at 15.1% High teens growth YoY, led by a strong Premiumisation-led gro
Slide 23: H1 FY27 Standalone P&L Statement
H1 FY27 Standalone P&L Statement Particulars (Rs. Cr) H1 FY27 H1 FY26 YoY (%) Revenue 1,590.4 1,381.2 15.1% Employee Benefit Expenses 181.0 161.4 12.2% Service Charges 179.1 166.1 7.8% Other Expenses 345.1 304.0 13.5% Total Expenses 705.2 631.5 11.7% Total Expenses % of Revenue 44.3% 45.7% -138bps A
Slide 24: Agenda
➢ Q1 FY27 Highlights ➢ Strategy Update ➢ H1 FY27 Highlights ➢ Overview ➢ Eureka Forbes ➢ Industry 21
Slide 25: Eureka Forbes: Overview
Eureka Forbes: Overview Electrolux & Shapoorji Pallonji Advent Tata Group Group International Professionally managed company governed by an 1982 2002 2022 Independent Board Joint Venture Subsidiary of a Publicly listed Public Company Company Shareholding 62.51% Advent International 22
Slide 26: Pioneers & Leaders
Pioneers & Leaders Water Purifiers Vacuum Cleaners Direct Selling 23
Slide 27: Diversified Product Portfolio: Multiple Growth Drivers
Diversified Product Portfolio: Multiple Growth Drivers Market leaders in Water Purifiers and Vacuum Cleaners Wide range of products with state- of-the-art technology catering to both B2C and B2B customers Diversified revenue streams across product and service 24
Slide 28: Aquaguard: One Of The Strongest Consumer Brands In India
Aquaguard: One Of The Strongest Consumer Brands In India Universal Brand Awareness and Consideration 40+ Years of Unconditional Trust and Acceptance 25
Slide 29: Omni Channel Presence
Omni Channel Presence With a strong presence across direct sales, general trade, and modern trade as well as digital and e- commerce channels, Eureka Forbes has built a balanced and scalable distribution ecosystem. This omnichannel approach enhances market reach, improves customer accessibility, and
Slide 30: Extensive Pan-India Service Network: A Competitive Moat
Extensive Pan-India Service Network: A Competitive Moat With service availability across more than 19,500 pin codes and a digitally enabled service ecosystem, Eureka Forbes is uniquely positioned to stay connected with its customers long after the initial purchase. This extensive reach not only stre
Slide 31: EFL Management Team
EFL Management Team Pratik Pota Gaurav Khandelwal Anurag Kumar Mahnaz Shaikh Managing Director & CEO Chief Financial Officer Chief Growth Officer Chief Human Resources Officer 22+ years @ 33+ years @ 25+ years @ 27+ years @ Udaan, Godrej Jubliant FoodWorks, HUL, Airtel, Unilever, Tata Play, ICI Cons
Slide 32: Agenda
➢ Q1 FY27 Highlights ➢ Strategy Update ➢ H1 FY27 Highlights ➢ Overview ➢ Eureka Forbes ➢ Industry 29
Slide 33: Macro Factors Supportive Of Growth
Macro Factors Supportive Of Growth Growing incomes Urbanization Working Women Piped Water middle class fastest By 2036, 40% of Female labour force went up from 16.8% growing segment of Indians will live in participation rate in 2019 to 77.2% the population; towns and cities, up increased from 33% Ho
Slide 34: Under Penetrated Categories With Long Runway For Growth
Under Penetrated Categories With Long Runway For Growth FY23 FY30E Category CAGR Penetration (Rs. Cr) (Rs. Cr) Water Purifier – Product 4,350 10,200 13% 7% Water Purifier – Service 3,660 9,000 14% <25% Water Softeners 1,000 3,000 17% <1% Vacuum Cleaners 509 3,000 29% 2% Air Purifiers 230 1,100 25% 1
Slide 35: Thank You
Thank You
Slide 36: Contact Us
Contact Us Corporate Identification No: L27310MH2008PLC188478 Regd. & Corporate Office: B1/B2, 7th Floor, 701, Marathon Innova, Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400013 Website: https://www.eurekaforbes.com/ Nupur Agarwal, Head – Investor Relations [email protected] EFL B