Eureka Forbes Limited announced its financial results for the fiscal year ending March 31, 2026. The company posted consolidated annual revenue of ₹2,709.06 crore and a Profit After Tax (PAT) of ₹162.62 crore. Earnings Per Share (EPS) for the year was 8.36.
For the fourth quarter of FY26, which ended March 31, 2026, Eureka Forbes recorded revenue of ₹683.72 crore and a PAT of ₹51.03 crore. The quarterly EPS stood at 2.62.
Performance Despite Challenges
The company's financial performance for the full year and fourth quarter was achieved despite significant one-time costs. These included expenses related to new labor regulations and the closure of certain subsidiaries.
Impact of Regulatory Changes and Restructuring
Eureka Forbes navigated a changing business environment. The notification of new Labour Codes in November 2025 resulted in an exceptional impact of ₹40.44 crore on retiral benefits. The company also proceeded with the closure and liquidation of subsidiaries like Euro Forbes Limited in Dubai and Forbes Lux FZE.
Financial Assessment and Future Outlook
The company is currently assessing the accounting implications of the new Labour Codes. The closure of subsidiaries represents a restructuring step. A minor revision to Trade Payables due to a typographical error was noted, but it did not alter key financial metrics.
Key Risks
The main risk for Eureka Forbes lies in the ongoing assessment of accounting implications from the newly notified Labour Codes. The company is focused on managing these regulatory impacts.
Financial Highlights
- Annual Revenue FY26: ₹2,70,906.14 Lakhs (₹2,709.06 crore)
- Annual PAT FY26: ₹16,262.37 Lakhs (₹162.62 crore)
- Quarterly Revenue Mar 2026: ₹68,371.68 Lakhs (₹683.72 crore)
- Quarterly PAT Mar 2026: ₹5,102.84 Lakhs (₹51.03 crore)
- Exceptional impact from Labour Codes: ₹4,044.18 Lakhs (₹40.44 crore)
What to Watch Next
Investors will be closely monitoring future updates from Eureka Forbes concerning the final accounting implications of the Labour Codes, as well as any further developments related to business restructuring or subsidiary operations.
