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Eureka Forbes lifts profit and margins, but sub-listing valuation clouds Advent’s exit
Eureka Forbes has improved profits, margins and balance sheet under Advent International but its market value remains below its 2022 listing level, complicating a PE exit. The water-purifier company is also struggling to improve after-sales service amid shifting internal priorities.
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Reported figures
From the report. Source details below
| Rs 495 BSE listing price in March | 2022 |
|---|---|
| FY26 profit: | Rs 160 crore |
| FY23 profit: | about Rs 30 crore |
| FY26 revenue: | Rs 2,700 crore |
| FY23 revenue: | Rs 2,100 crore |
| FY26 operating margin: | 13% |
| FY23 operating margin: | 4.5% |
| Q1 FY27 revenue growth: | 15% year-on-year |
| Advent assets under management: | over $100 billion |
Also in the report
- around Rs 450 current BSE trading price
- Rs 4,400 crore Advent acquisition price
The source
First seen