EUREKAFORB

Eureka Forbes Share Price

₹528.55
-6.6 (-1.23%)
18 September, 2024 02:38 BSE: 543482 NSE: EUREKAFORB ISIN: INE0KCE01017

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Eureka Forbes Performance

Day Range

  • Low 519
  • High 539
₹ 528

52 Week Range

  • Low 493
  • High 549
₹ 528
  • Open Price539
  • Previous Close535
  • Volume395364

Eureka Forbes Chart

  • Over 1 Month + 14.37%
  • Over 3 Month + 21.01%
  • Over 6 Month + 19.02%
  • Over 1 Year + 0.8%

Eureka Forbes Key Statistics

P/E Ratio 99.9
PEG Ratio 0.5
Market Cap Cr
Price to Book Ratio 2.4
EPS 5.2
Dividend 0
Relative Strength Index 59.48
Money Flow Index 41.67
MACD Signal 7.98
Average True Range 21.7

Eureka Forbes Investment Rating

  • Master Rating:
  • Eureka Forbes has an operating revenue of Rs. 2,237.82 Cr. on a trailing 12-month basis. An annual revenue growth of 5% is not great, Pre-tax margin of 6% is okay, ROE of 2% is fair but needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 8% and 11% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 10% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 56 which is a POOR score indicating inconsistency in earnings, a RS Rating of 39 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 51 indicates it belongs to a fair industry group of Pollution Control and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Eureka Forbes Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 553553539592505508
Operating Expenses Qtr Cr 498500496541459461
Operating Profit Qtr Cr 555342514647
Depreciation Qtr Cr 141413131313
Interest Qtr Cr 222333
Tax Qtr Cr 113712910
Net Profit Qtr Cr 312123252216
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 2,1982,091
Operating Expenses Annual Cr 2,0101,949
Operating Profit Annual in Cr 179132
Depreciation Cr 5355
Interest Annual Cr 1020
Tax Annual Cr 3110
Net Profit Annual Cr 9217
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 195171
Cash from Investing Activity Annual Cr -35-23
Cash from Financing Annual Activity Cr -117-150
Net Cash Flow Annual Cr 43-1
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 4,2034,079
Fixed Assets Annual Cr 5,4585,477
Total Non Current Assets Annual Cr 5,5305,551
Total Current Assets Annual Cr 590478
Total Assets Annual Cr 6,1206,029
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 217211
ROE Annual % 20
ROCE Annual % 32
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 97
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 553554539591505509
Operating Expenses Qtr Cr 497500497539454456
Operating Profit Qtr Cr 565343525053
Depreciation Qtr Cr 141413131313
Interest Qtr Cr 222334
Tax Qtr Cr 1138121010
Net Profit Qtr Cr 322123262521
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 2,1982,095
Operating Expenses Annual Cr 1,9911,939
Operating Profit Annual in Cr 199145
Depreciation Cr 5456
Interest Annual Cr 1020
Tax Annual Cr 3312
Net Profit Annual Cr 9627
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 194181
Cash from Investing Activity Annual Cr -32-26
Cash from Financing Annual Activity Cr -120-154
Net Cash Flow Annual Cr 431
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 4,2264,098
Fixed Assets Annual Cr 3,4053,425
Total Non Current Assets Annual Cr 5,5225,534
Total Current Assets Annual Cr 607497
Total Assets Annual Cr 6,1296,031
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 218212
ROE Annual % 21
ROCE Annual % 32
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 97

Eureka Forbes Technicals

EMA & SMA

Current Price
₹528.55
-6.6 (-1.23%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹507.44
  • 50 Day
  • ₹493.22
  • 100 Day
  • ₹483.81
  • 200 Day
  • ₹480.82
  • 20 Day
  • ₹508.39
  • 50 Day
  • ₹493.41
  • 100 Day
  • ₹473.01
  • 200 Day
  • ₹479.79

Eureka Forbes Resistance and Support

PIVOT
₹529.19
Resistance
First Resistance 538.37
Second Resistance 551.08
Third Resistance 560.27
RSI 59.48
MFI 41.67
MACD Single Line 7.98
MACD 11.18
Support
First Support 516.47
Second Support 507.28
Third Supoort 494.57

Eureka Forbes Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 498,441 31,137,609 62.47
Week 673,076 38,755,693 57.58
1 Month 657,268 46,587,137 70.88
6 Month 480,241 30,749,846 64.03

Eureka Forbes Result Highlights

Eureka Forbes Synopsis

NSE-Pollution Control

Eureka Forbes is involved in the business activities of Manufacture of filtering and purifying machinery or apparatus for liquids and gases. Company’s Total Operating Revenue is Rs. 2189.23 Cr. and Equity Capital is Rs. 193.48 Cr. for the Year ended 31/03/2024. Eureka Forbes Ltd. is a Public Limited Listed company incorporated on 26/11/2008 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L27310MH2008PLC188478 and registration number is 188478.
Market Cap 10,350
Sales 2,237
Shares in Float 7.16
No of funds 85
Yield
Book Value 2.46
U/D Vol ratio 1.2
LTDebt / Equity 1
Alpha -0.04
Beta 0.66

Eureka Forbes Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 62.56%62.56%72.56%72.56%
Mutual Funds 2.76%3.28%3.28%2.79%
Insurance Companies 2.24%1.32%
Foreign Portfolio Investors 13.21%16.01%10.76%10.61%
Financial Institutions/ Banks 0.1%0.1%0.1%0.1%
Individual Investors 11.65%9.46%7.8%8.27%
Others 7.48%7.27%5.5%5.67%

Eureka Forbes Management

Name Designation
Mr. Arvind Uppal Chairman, Non Ind & Non Exe Director
Mr. Pratik Rashmikant Pota Managing Director & CEO
Mr. Sahil Dilip Dalal Non Exe.Non Ind.Director
Mrs. Gurveen Singh Independent Director
Mr. Vinod Rao Independent Director
Mr. Homi Adi Katgara Independent Director
Mr. Shashank Shankar Samant Independent Director

Eureka Forbes Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Eureka Forbes Corporate Action

Date Purpose Remarks
2024-08-08 Quarterly Results
2024-05-28 Audited Results
2024-02-14 Quarterly Results
2023-11-10 Quarterly Results
2023-08-08 Quarterly Results

Eureka Forbes FAQs

What is Share Price of Eureka Forbes ?

Eureka Forbes share price is ₹528 As on 18 September, 2024 | 02:24

What is the Market Cap of Eureka Forbes ?

The Market Cap of Eureka Forbes is ₹10226.3 Cr As on 18 September, 2024 | 02:24

What is the P/E ratio of Eureka Forbes ?

The P/E ratio of Eureka Forbes is 99.9 As on 18 September, 2024 | 02:24

What is the PB ratio of Eureka Forbes ?

The PB ratio of Eureka Forbes is 2.4 As on 18 September, 2024 | 02:24

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