Eureka Forbes has successfully turned its business around, delivering strong growth and improved profitability. Revenue grew 14.9% in Q2FY26, with Adjusted EBITDA margins hitting 13.1%. The company's unique strengths, like the Aquaguard brand and extensive service network, position it for significant growth in categories such as water purifiers, vacuum cleaners, and air purifiers, which are projected to expand 13-29% annually.
Key strategies include expanding water penetration and premiumization, accelerating robotics growth (4x in two years), and revitalizing the service business with double-digit booking growth. Digital initiatives are driving sales (9x D2C product sales) and enhancing customer experience for 2.6 Cr monthly active users. Management aims to more than double revenue (5,400-5,600 Cr) and triple EBITDA (800-850 Cr) by FY30, while also focusing on efficiency and capital allocation.