Eureka Forbes Ltd, a company operating in the health and hygiene goods segment, stated in its latest annual report plans to double its revenue to 5400–5600 crore rupees and triple its EBITDA to 800–850 crore rupees by the fiscal year 2030, based on the figures from the fiscal year 2025.
To accelerate growth, starting from the fiscal year 2027, the company is focusing on innovation, deeper market penetration, and strengthening omnichannel capabilities. Management emphasized that the expected growth will gradually build up in the coming years, with a noticeable acceleration from 2027, as existing strong foundations transform into faster and broader growth. This growth will be driven by continuous innovation, deepening market penetration in both core and new categories, and improving operational leverage.
In the fiscal year 2026, the company reported revenue of 2710 crore rupees, achieving the second consecutive year of double-digit revenue growth. Furthermore, Eureka Forbes reported an increase in EBITDA margin over three consecutive years, indicating the effectiveness of the company's transformation initiatives. Director and CEO Pratik Potah stated that the company has set a goal to increase revenue to 5400–5600 crore rupees and EBITDA to 800–850 crore rupees by 2030, which means doubling revenue and tripling EBITDA compared to the fiscal year 2025.
The company sees significant growth potential due to a combination of a large addressable market, increased consumer awareness of categories, strong brand recognition, and scale expansion. According to Potah, confidence in creating significant long-term value for all stakeholders is supported by structural growth opportunities in the served categories. These categories are valued at over 26,300 crore rupees by 2030, demonstrating a healthy Compound Annual Growth Rate (CAGR) of 15 percent from 2023 to 2030. It is noted, however, that these categories remain significantly untapped: household adoption rates range from less than one percent for water softeners to as much as 7 percent for water purifiers.
Pratik Potah added that thanks to trusted brands, a nationwide service network, omnichannel reach, and an innovation-based portfolio, Eureka Forbes holds a unique position to drive category growth and strengthen its market leadership. Nevertheless, he also noted that the external environment remains dynamic and unpredictable in many aspects. He cited geopolitical tensions, supply chain disruptions, input cost inflation, and currency volatility as factors requiring close attention due to their potential impact on consumer demand.
Despite the uncertainty, these factors only underscore the importance of building a sustainable, adaptive, and long-term oriented company. In this regard, the company is focused on two priorities: driving growth through sustainable investments and clearer execution, and enhancing efficiency through aggressive loss reduction and productivity improvement. The main objective for the fiscal year 2027 is to accelerate revenue growth while maintaining margins. The company will continue to invest in its brands, innovation pipeline, service capabilities, and distribution network, while maintaining cost discipline. Potah concluded that while the opportunities ahead are substantial, the company is also focused on building a business, and Eureka Forbes is ready for takeoff.
The revenue structure in the fiscal year 2026 showed that 42.8 percent of revenue came from electric water purifiers, 15.5 percent from vacuum cleaners. Service accounted for 31.4 percent of revenue, and the remaining 10.3 percent came from other segments, including air purifiers, water softeners, and B2B.
The fintech company Paytm demonstrated a 79% growth in net profit in the first quarter of fiscal year 2027. Meanwhile, the company's revenue increased by 28%, which resulted from comprehensive growth across all business segments.
The company reported that net profit for Q1 FY27 amounted to 220 crore rupees, compared to 123 crore rupees the previous year. Revenue reached 2,448 crore rupees, whereas the same period last year showed 1,918 crore rupees.
Paytm attributed the first quarter results to the expansion of payment services for merchants, which contributed to an increase in market share and Gross Merchandise Value (GMV) growth. Furthermore, the company noted the positive impact of continued growth in offline business and favorable factors in the online segment.
Credit distribution to merchants continues to grow due to the expansion of the customer base. Moreover, Artificial Intelligence (AI)-based capabilities helped enhance merchant engagement, customer retention, provide risk analytics to partners, and improve debt collection efficiency. Product innovations and optimization of consumer acquisition using AI ensured market share gains in the consumer payments segment for five consecutive quarters.
Consumer monetization showed significant growth, supported by the proliferation of buy now, pay later services, personal loans, and investment products. Regarding AI, Paytm stated that it developed specialized models and agents by fine-tuning open-source models to achieve higher performance and efficiency.
In the company's view, the large Total Addressable Market (TAM) and the AI-driven operating leverage position Paytm for long-term sustainable profit growth.
The payment services business, which is Paytm's primary source of income, generated 56% of total revenue and increased by 32%, amounting to 1,384 crore rupees. Income from financial services distribution reached 814 crore rupees, while income from marketing services was 239 crore rupees.
