EUREKAFORBBSEEureka Forbes LtdHighNeutral
Announced Tue, 19 May · 12:27 IST

For approval of Audited Standalone and Consolidated Financial Results for the Quarter and Year ended March 31, 2026

Exceptional ItemPat NegativeResults View source PDF

EUREKAFORB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.5%1-day move
₹493.10
prior close
₹514.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.1-4.3-5.7-4.8-4.5-5.1-6.2-5.7-7.4-10.2-12.6-4.5-6.0
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AI summary

Eureka Forbes Limited reported FY2026 standalone revenue of ₹2,71,047 lakhs, up 11.3% from ₹2,43,606 lakhs in FY2025. However, standalone profit after tax declined to ₹16,021 lakhs from ₹16,329 lakhs in the prior year, a fall of about 1.9%. The company recorded an exceptional charge of ₹4,044.18 lakhs due to the implementation of new Labour Codes by the Government of India, requiring estimation of incremental retiral benefits. Deloitte Haskins & Sells LLP issued an unmodified (clean) opinion on both standalone and consolidated financial results. The Board also approved appointment of PricewaterhouseCoopers Services LLP as internal auditor and J. Chandra & Associates as cost auditor for FY2026-27.

Likely market impact

The PAT decline despite revenue growth is primarily due to the ₹4,044.18 lakh exceptional charge from new Labour Codes; the underlying business showed healthy 11.3% revenue expansion. Shareholders should note the clean audit opinion confirms financial reporting integrity, and the exceptional item is non-recurring in nature.