Eureka Forbes Ltd grabbed attention in the stock market on Friday after its share price jumped over 10% following the announcement of its strong financial results for the fiscal year 2024-25 (FY25).
In this post, we will break down Eureka Forbes latest financial performance, recent stock price action, and importantly, check whether this stock is Halal and Shariah compliant for ethical investors.
FY25 Financial Highlights
Eureka Forbes posted strong numbers for the March 2025 quarter, continuing its trend of solid business growth:
- Revenue (FY25): ₹2,436.91 crores, up 11.32% from ₹2,189.25 crores in FY24.
- Q4 Revenue (YoY): ₹612.65 crores, up 10.67% from ₹553.56 crores in Q4 FY24.
- Net Profit (FY25): ₹163 crores, a sharp 77.18% increase from ₹92 crores in FY24.
- Q4 Net Profit (YoY): ₹51 crores, up 143% from ₹21 crores in the same quarter last year.
- Quarter-on-Quarter (QoQ) Profit Growth: 45.70%, rising from ₹35. crores in Q3 FY25.
This marks the 6th consecutive quarter of double-digit profit growth, driven by higher product demand and operational efficiencies.
Also Read : Is Borana Weaves Ltd IPO Halal or Not? Date, Price, Listing Details
Stock Performance
Following the result announcement, Eureka Forbes’ stock price surged over 10% on Friday (16 May 2025).
Here’s a quick glance:
- Closing Price: ₹595.25
- Previous Closing Price: ₹542.95
- Day’s High: ₹602.20
- Day’s Low: ₹539.10
- Market Capitalisation: ₹11488.32 crore
- 52-Week High: ₹648
- 52-Week Low: ₹461.50
Although the stock is currently down 8.87% from its 52-week high, its recent financial performance may attract renewed investor interest.
Is Eureka Forbes Ltd Stock Halal and Shariah Compliant?
For those preferring to invest in Halal stocks, Check the detailed Shariah compliance status of Eureka Forbes Ltd below:
| Screening Criteria | Status | Remarks |
| The Business Activity | ✅ Pass | Domestic Appliances |
| Impermissible Income to Total Revenue | ✅ Pass | 0.48% (Below 5% threshold) |
| Interest-bearing Debt to Total Assets | ✅ Pass | 0.63% (Below 33% limit) |
| Illiquid Assets to Total Assets Ratio | ✅ Pass | 93.27% (Above 20% Limit) |
| Net Liquid Assets vs Market Capitalisation | ✅ Pass | Meets Shariah compliance criteria |
| Non-Compliant Investments to Total Assets | ✅ Pass | Within permissible limits |
Yes, Eureka Forbes Ltd is Halal and Shariah compliant, making it a suitable stock for ethical Muslim investors.
About Eureka Forbes Ltd
Eureka Forbes Ltd is an Indian company specializing in health, hygiene, and safety appliances. Its product lineup includes water purifiers, vacuum cleaners, air purifiers, water treatment plants, and various other domestic appliances.
The company holds a strong market presence in the home appliances segment, offering an extensive range of vacuum cleaners such as canister, drum, robotic, upright, and wet & dry models, catering to the diverse needs of Indian households.
Final Thoughts
Eureka Forbes’ impressive financial growth and confirmed Shariah compliance make it a stock worth tracking for both conventional and Halal-conscious investors. With a significant turnaround in profitability and a strong product portfolio, the company is poised for continued success in the domestic appliances market.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please consult your financial advisor before investing.
Hasan is the founder of HalalFinance.co.in, created after personally struggling to find reliable answers about halal investing in stocks. With a finance background and a passion for helping the Muslim community, He now shares well-researched, transparent, and authentic content to empower Muslims on their path to halal wealth-building.