Eureka Forbes Limited (EFL) is a part of the private equity firm advent which was bought from Shapoorji Pallonji group company Forbes Ltd. Company is engaged in the health & hygiene segment with product profiles comprising water purifiers, vacuum cleaners, air purifiers, and home security systems. The Stock after getting listed last month is on upward trajectory and looks to cross 700 very soon based on following inputs. * Strong product sales growth, enabled by both volume and realization growth. • Innovation thrust has significantly improved Eureka’s competitiveness. • Looking to ramp up growth investments (advertising/in-store presence) further. * Expect EPS (earnings per share) to grow by 35.9% in FY26E and by 36.2% in FY27E. Further positive about the stock is * Water purifiers category in India is now witnessing robust growth trends. • Eureka has a robust innovations pipeline for the next several quarters. • Eureka’s service business has witnessed a significant turnaround. • Given that service AMC amount is received upfront, the business operates with a negative working capital.

#WatchOutFor#FundamentalViews#EquityResearch#PersonalFinance#Miscellaneous