About Eureka Forbes Ltd
Data last updated:
Eureka Forbes Ltd was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Forbes & Company Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 05 February 1931.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U27109MH1931PLC353890. The company has 32 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹28.05 Cr and a paid-up capital of ₹3.78 Cr. It was led by directors including Marzin Roomi Shroff (Managing Director) and Rajagopalan Sambamoorthy (Person Incharge).
Its last annual general meeting (AGM) was held on 15 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at B1/B2 701 7th Floor Marathon Innova Off. Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2026, the company reported a revenue of ₹2,732.8 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹162.62 Cr (net margin 6%) and EBITDA of ₹296.58 Cr (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.
The company had about 2,379 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 4 subsidiaries and 3 joint ventures.
The company was associated with 1 brand: Eureka Forbes. As per MCA filings, the company had satisfied charges of ₹849.12 Cr on record. Court records list 458 cases involving the company, including 316 filed by the company and 142 filed against it; 68 cases are pending.
The last known website on record is eurekaforbes.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressB1/B2 701 7th Floor Marathon Innova Off. Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Eureka Forbes Ltd
The main business activities of Eureka Forbes are manufacturing and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, repair & installation of machinery & equipment, motor vehicles and retail trading. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | Locked |
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Eureka Forbes Ltd FY 2021 filings available
Eureka Forbes Ltd reported revenue of ₹2,732.8 Cr (up 11% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Eureka Forbes Ltd
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 11% growth in the latest year. EBITDA rose 4% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Eureka Forbes Ltd
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹296.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹162.62 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Eureka Forbes Ltd
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Eureka Forbes are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Eureka Forbes Ltd
Eureka Forbes Ltd is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eureka Forbes Ltd this company | ₹2,732.8 Cr (FY 2026) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Bubugao Communication Private Limited | ₹2,469.65 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Jaipur, Rajasthan, India |
| Shree Sant Kripa Appliances Private Limited | ₹2,447.64 Cr (FY 2022) | •••• | •••• | -34.0% | •••• | Pune, Maharashtra, India |
| Yingjia Communication Private Limited | ₹2,404.74 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Vsmart World Communication Private Limited | ₹2,361.92 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Bengaluru, Karnataka, India |
| Aditya Vision Limited Listed | ₹2,267.55 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Patna, Bihar, India |
| S Mobile Devices Private Limited | ₹2,188.02 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Noida, Uttar Pradesh, India |
| Pai International Electronics Limited | ₹2,026.55 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Bangalore, Karnataka, India |
| Digivision Ventures Private Limited | ₹1,937.03 Cr (FY 2025) | •••• | •••• | 266.0% | •••• | New Delhi, Delhi, India |
| Sonovision Electronics Private Limited | ₹1,908.56 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Uni-Com India Private Limited | ₹1,900.1 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Jalandhar, Punjab, India |
Peers are the five companies nearest above and the five nearest below Eureka Forbes by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Eureka Forbes Ltd
Eureka Forbes Ltd is audited by Deloitte Haskins & Sells LLP for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Eureka Forbes Ltd
Eureka Forbes Ltd currently reports 11 directors and 1 key managerial person. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajagopalan Sambamoorthy | Person Incharge | 16 Jun 2011 | 15 Years 3 Months | As last reported |
| Mahesh Tahilyani Chelaram Also directs: Forbes Precision Tools and Machine Parts Limited, Forbes & Company Limited, Next Gen Publishing Private Limited and 3 more | Director | 02 Aug 2017 | 9 Years 2 Months | As last reported |
| Shapoorji Pallonji Mistry | Director | 15 Mar 2002 | 24 Years 6 Months | As last reported |
| Pallon Shapoorji Mistry | Director | 10 May 2017 | 9 Years 5 Months | As last reported |
| Marzin Roomi Shroff Also directs: Forbes Precision Tools and Machine Parts Limited | Managing Director | 27 Jun 2017 | 9 Years 3 Months | As last reported |
| Shankar Krishnan Subramanian | Director | 14 May 2012 | 14 Years 4 Months | As last reported |
Ownership and Shareholding of Eureka Forbes Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Eureka Forbes Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2021 | Others | ₹36.6 Cr | Satisfied |
| 28 Nov 2016 | Others | ₹59.17 Cr | Satisfied |
| 19 May 2016 | Others | ₹75 Cr | Satisfied |
| 28 Aug 2014 | The Hongkong and Shanghai Banking Corporation Limited | ₹145 Cr | Satisfied |
| 07 Feb 2014 | The Hongkong and Shanghai Banking Corporation Limited | ₹118.9 Cr | Satisfied |
Total charge records: 11 View all charges
Legal Cases of Eureka Forbes Ltd
Eureka Forbes Ltd has 458 court cases on record: 316 filed by Eureka Forbes, 142 filed against it. 68 cases are pending and 390 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 315 | 116 | 44 |
| High courts | 139 | 26 | 23 |
| Supreme Court | 4 | 0 | 1 |
Cases on record (5 of 458)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Kent R O Systems Limited | Pending |
| Bombay High Court | Court case (COMMP) | Filed against the company by Kent R O Systems Limited | Pending |
| Madras High Court | Appeal | Filed against the company by Hindustan Unilever Limited | Pending |
| Supreme Court | Appeal | Filed by the company against Bangalore Electricity Supply Company Limited | Pending |
| Bombay High Court | Court case (CARAP) | Filed against the company by Thoughtworks Technologies (India) Private Limited | Disposed |
Full case history
All 458 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Eureka Forbes Ltd
Eureka Forbes Ltd has 6 MSME Form 1 returns on record between 2019 and 2021, listing 878 overdue payments to 116 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 116)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Vrrddhi Freight Private Limited | •••• | •••• | •••• |
| Iksula Services Private Limited | •••• | •••• | •••• |
| Skyjet Express & Logistics Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Eureka Forbes Ltd
Eureka Forbes operates one associated brand: Eureka Forbes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Consumer durable products are manufactured and distributed by Eureka Forbes. | eurekaforbes.com |
Employees and EPFO Compliance at Eureka Forbes Ltd
Eureka Forbes Ltd has a workforce of 2,379 employees as of Mar 21, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Eureka Forbes Ltd
Eureka Forbes has 4 subsidiary companies and 3 joint ventures. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Forbes Enviro Solutions Limited | U27310MH2008PLC188478 | Locked |
| Aquaignis Technologies Private Limited | U31908MH2012PTC331823 | Locked |
| Euro Forbes Financial Services Limited | U67190MH2011PLC214424 | Locked |
| Forbes Facility Services Private Limited | U74930MH2004PTC147742 | Locked |
Showing major subsidiaries. Total: 4.
CIN History of Eureka Forbes Ltd
Eureka Forbes has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27109MH1931PLC353890, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109MH1931PLC353890 | Current |
| U27109WB1931PLC007010 | Previous |
| L27109WB1931PLC007010 | Previous |
News related to Eureka Forbes Ltd
Recent Activity on Eureka Forbes Ltd
Eureka Forbes Ltd has 30 board changes on record since 2002: 12 appointments and 18 cessations. The latest: Mahesh Tahilyani Chelaram ceased to be Additional Director on 18 Sep 2017.
49 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Eureka Forbes Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Eureka Forbes Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Eureka Forbes Ltd
Eureka Forbes has 32 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Eureka Forbes Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Eureka Forbes Ltd
Eureka Forbes has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Eureka Forbes was a public limited company based in Mumbai, Maharashtra, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 05 February 1931 and is registered under CIN U27109MH1931PLC353890. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Eureka Forbes was incorporated on 05 February 1931. It is registered with the Registrar of Companies, Mumbai.
Eureka Forbes had 12 directors and KMP:
- Marzin Roomi Shroff - Managing Director
- Mahesh Tahilyani Chelaram - Director
- Shapoorji Pallonji Mistry - Director
- Pallon Shapoorji Mistry - Director
- Shankar Krishnan Subramanian - Director
- Sivanandhan Dhanushkodi - Director
- Homi Adi Katgara - Director
- Jai Laxmikant Mavani - Director
- Anil Vasudev Kamath - Director
- Indu Ranjit Shahani - Director
- Rajagopalan Sambamoorthy - Person Incharge
- Dattaram Pandurang Shinde - Company Secretary
The CIN (Corporate Identification Number) of Eureka Forbes is U27109MH1931PLC353890. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Eureka Forbes is at B1B2 701 7th Floor Marathon Innova Off. Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Eureka Forbes can be reached through the website eurekaforbes.com. Its registered office is in Mumbai, Maharashtra, India.
Eureka Forbes reported revenue of ₹2,732.8 Cr for FY 2026 (up 11% YoY).
Eureka Forbes has an authorised share capital of ₹28.05 Cr and a paid-up capital of ₹3.78 Cr.
Eureka Forbes reported a net profit of ₹162.62 Cr (net margin 6%) and EBITDA of ₹296.58 Cr (EBITDA margin 10.9%) for FY 2026, as per its filed financial statements.
No. Eureka Forbes has 32 GST registrations on record and all of them are cancelled or inactive.
Eureka Forbes operated in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.