Eureka Forbes
Eureka Forbes is growing, with standalone Q1 FY27 profit after tax up 44% to ₹55.43 crore (The Hindu BusinessLine, 12 Aug) and a target of ₹5,400-5,600 crore revenue by FY30 (Business Standard, 27 Jul). Pulling the other way, a ₹273.40 crore GST show-cause notice (CNBC-TV18, 28 Sept), a CCPA fine over 5,008 complaints and a supplier child labour review weigh on it (Mint, 1 Sept).
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
- Reported: Eureka Forbes launches 'Four Years Sorted' campaign around a 4-year unconditional warranty on select Aquaguard purifiersReported: Watch:
- Reported: The ₹5 lakh penalty is financially immaterial, but 5,008 complaints expose potentially material reputational and retention risk if after-sales failures weaken the brand’s recurring AMC and replacement-sales engine.Reported: CCPA fines Eureka Forbes ₹5 lakh over 5,008 service and deceptive-claims complaintsWatch:
- Reported: Eureka Forbes and peers should rapidly audit high-risk suppliers, strengthen traceability and remediation controls, and prepare for regulator and consumer scrutiny after the alleged child-labour case.Reported: Eureka Forbes has launched an internal supply-chain review after four children were rescued from a Delhi supplier. India’s human rights commission has also directed Eureka Forbes, Havells India and Hindustan Unilever to audit vendor networks over alleged child labour.Watch:
Background
From 8 stories, the newest dated 28 Sept 2026. Summary written 3 Oct 2026. Newer developments are under Latest moves.
Eureka Forbes is an Indian water-purifier company that also sells vacuum cleaners and service plans. [1] source: Business Standard
Show 3 more paragraphs and 8 sources
Its FY26 revenue mix was water purifiers 42.8%, vacuum cleaners 15.5%, service 31.4% and other 10.3%. [1] source: Business Standard It operates under private-equity firm Advent International, whose acquisition price was Rs 4,400 crore. [2] source: The Ken The shares listed on BSE at Rs 495 in March 2022 and traded around Rs 450 in August 2026. [2] source: The Ken
For Q1 FY2026-27, Eureka Forbes reported revenue of Rs 700 crore, up 15.1%, and net profit of Rs 57 crore, up 46.2%, helped by a Rs 19.5 crore one-time gain (August 2026). [3] source: NDTV Profit Standalone PAT was ₹55.43 crore, up 44% from ₹38.52 crore in Q1 FY26. [4] source: The Hindu BusinessLine In July 2026 it set FY30 targets of ₹5,400-5,600 crore revenue and ₹800-850 crore Ebitda, against FY26 revenue of ₹2,710 crore. [1] source: Business Standard In June 2026 it was focusing on the water purifier service market, with 8,000 technicians across 19,500 PIN codes. [5] source: ET Small Business
In August 2026 it launched an internal supply-chain audit after four children were rescued from Delhi vendor YY Harness. [6] source: CNBC-TV18 In September 2026 the CCPA fined it ₹5 lakh after flagging 5,008 consumer complaints. [7] source: Mint It also received a ₹273.40 crore GST show-cause notice from Uttar Pradesh for FY2022-23 and said it will contest the demand. [8] source: CNBC-TV18
Sources
Questions about Eureka Forbes
Who owns Eureka Forbes?
Eureka Forbes is owned by private-equity firm Advent International, whose acquisition price for the company was Rs 4,400 crore. [2] source: The Ken
How fast is Eureka Forbes growing in India?
Eureka Forbes reported Q1 FY2026-27 revenue of Rs 700 crore, up 15.1% year on year, and net profit of Rs 57 crore, up 46.2%, in August 2026. [3] source: NDTV Profit
What is Eureka Forbes' current strategy in India?
In June 2026 Eureka Forbes was focusing on the water purifier service market, using 8,000 technicians across 19,500 PIN codes. [5] source: ET Small Business In July 2026 it set FY30 targets of ₹5,400-5,600 crore revenue and ₹800-850 crore Ebitda. [1] source: Business Standard In August 2026 it began a supply-chain audit after a child labour case at a Delhi vendor. [6] source: CNBC-TV18