Financials Eureka Forbes Limited

Equities

543482

INE0KCE01017

Environmental Services & Equipment

Market Closed - Bombay S.E. 06:28:14 2024-04-29 am EDT 5-day change 1st Jan Change
498.8 INR -1.87% Intraday chart for Eureka Forbes Limited +1.06% -2.10%

Valuation

Fiscal Period: March 2023 2024 2025 2026
Capitalization 1 82,558 98,355 - -
Enterprise Value (EV) 1 82,558 97,830 95,570 92,280
P/E ratio 311 x 97.1 x 60.9 x 44.9 x
Yield - - - -
Capitalization / Revenue - 4.46 x 3.97 x 3.47 x
EV / Revenue - 4.44 x 3.86 x 3.26 x
EV / EBITDA - 50.2 x 35.9 x 26.2 x
EV / FCF - 70 x 38.9 x 27.9 x
FCF Yield - 1.43% 2.57% 3.58%
Price to Book - 2.46 x 2.37 x 2.25 x
Nbr of stocks (in thousands) 193,479 193,479 - -
Reference price 2 426.7 508.4 508.4 508.4
Announcement Date 5/29/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2023 2024 2025 2026
Net sales 1 - 22,034 24,783 28,332
EBITDA 1 - 1,950 2,663 3,525
EBIT 1 - 1,633 2,301 3,068
Operating Margin - 7.41% 9.28% 10.83%
Earnings before Tax (EBT) 1 - 1,495 2,022 3,244
Net income 1 265.6 1,132 1,770 2,380
Net margin - 5.14% 7.14% 8.4%
EPS 2 1.370 5.233 8.342 11.32
Free Cash Flow 1 - 1,398 2,457 3,308
FCF margin - 6.34% 9.91% 11.68%
FCF Conversion (EBITDA) - 71.65% 92.24% 93.85%
FCF Conversion (Net income) - 123.49% 138.78% 139.01%
Dividend per Share - - - -
Announcement Date 5/29/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2024 Q3 2024 Q4
Net sales 1 5,319 5,561
EBITDA 1 448.5 498.3
EBIT 1 253 277
Operating Margin 4.76% 4.98%
Earnings before Tax (EBT) 1 246 306
Net income 1 172 264.5
Net margin 3.23% 4.76%
EPS 2 0.9000 1.200
Dividend per Share - -
Announcement Date - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2023 2024 2025 2026
Net Debt 1 - - - -
Net Cash position 1 - 525 2,785 6,075
Leverage (Debt/EBITDA) - - - -
Free Cash Flow 1 - 1,398 2,457 3,308
ROE (net income / shareholders' equity) - 2.23% 3.88% 5.28%
ROA (Net income/ Total Assets) - - - -
Assets 1 - - - -
Book Value Per Share 2 - 207.0 215.0 226.0
Cash Flow per Share - - - -
Capex 1 - 587 544 614
Capex / Sales - 2.66% 2.2% 2.17%
Announcement Date 5/29/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
508.4 INR
Average target price
629.5 INR
Spread / Average Target
+23.83%
Consensus

Annual profits - Rate of surprise

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