Eureka Forbes has unveiled an ambitious long-term financial roadmap, targeting to double its annual revenue to between ₹5,400 crore and ₹5,600 crore by fiscal year 2030.
The home-care and water-purification company also aims to triple its EBITDA to a range of ₹800 crore to ₹850 crore over the same period, signaling a significant shift toward higher profitability and scale.
The guidance, reported by Hindu Businessline, underscores management’s confidence in the domestic consumer market’s resilience.
The guidance, reported by Hindu Businessline, underscores management’s confidence in the domestic consumer market’s resilience.
By setting such steep growth bars, Eureka Forbes is positioning itself to capitalize on rising demand for home automation and water purification solutions, sectors that have seen sustained uptake in India’s urban and semi-urban centers.
This strategic outlook aligns with a broader trend among Indian mid-cap companies setting aggressive multi-year targets.
Recent moves by peers such as QMS Medical Allied Services, which aims to triple its top line by FY29, and Tata Motors, which has outlined a $100 billion revenue goal by FY31, reflect a sector-wide push for accelerated growth and margin expansion.