Eureka Forbes Limited — Investor Meet, 19-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Eureka Forbes reported Q1 FY26 revenues of Rs. 607.7 Cr, up 9.9% YoY, with PAT growing 24.1% to Rs. 38.5 Cr. The product business, including EWPs and VCs, delivered strong double-digit volume and value growth, driven by innovations like 2-year filter life products and 52% growth in robotics. A significant turnaround in the service business saw healthy double-digit growth in bookings, with revenue impact expected from Q4 FY26 due to amortization lag. Gross margins remained range-bound at 59.7%. Management is confident in driving sustained profitable growth and aiming for full-year margin improvement through operating leverage and cost efficiencies.