EUREKAFORBBSEEureka Forbes LtdHighNeutral
Announced Tue, 19 May · 12:41 IST

Pursuant to Regulation 30 of SEBI LODR, We wish to inform you about the appointment of Internal Auditors

Auditor Mid Year ChangeExceptional ItemResults 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
₹486.20
base price
In-mkt
timing
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-0.5-0.9+0.1+0.2-4.5-5.1-6.2-5.7-7.4-10.2-12.6-4.5-6.0
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AI summary

Eureka Forbes reported audited standalone revenue of Rs 2,71,047 lakhs for FY26, up 11.3% from Rs 2,43,606 lakhs in FY25. However, standalone profit after tax declined slightly to Rs 16,021 lakhs from Rs 16,329 lakhs in FY25. The company recorded an exceptional expense of Rs 4,044 lakhs due to estimated incremental retiral benefits under new labour codes. Deloitte Haskins & Sells issued an unmodified (clean) opinion on the financial results. The board appointed PwC Services LLP as the new internal auditor for FY26-27, replacing the previous firm. Mr. Anurag Kumar, Chief Growth Officer, was given additional charge of E-commerce and D2C operations.

Likely market impact

Revenue growth of 11.3% shows steady business expansion, though PAT declined marginally due to one-time labour code compliance costs. The clean audit opinion and appointment of a Big Four firm (PwC) as internal auditor signals strong governance practices.