About This
Integrated Annual Report

Eureka Forbes Limited (“Eureka Forbes” or “EFL” or “the Company”) FY26 Integrated Annual Report presents a comprehensive overview of the Company’s performance and progress achieved in FY26 and the last three years of its transformation journey. It marks a significant step towards enhanced transparency and the Company’s commitment to positive change for all stakeholders.

Reporting Period

The Integrated Annual Report covers the period from April 1, 2025, to March 31, 2026, and includes an exhaustive analysis of historical data trends wherever applicable. It covers several aspects of business operations and strategy. It also explains the Company’s business model and overall performance for the reporting period.

Reporting Boundary

This report extends beyond financial reporting and includes non-financial performance, opportunities, risks, and outcomes, which relate to the Company’s key stakeholders and significantly impact its ability to create value. All the information presented in this report pertains to Eureka Forbes Limited on a standalone basis, unless otherwise specified. The non-financial data in this Integrated Annual Report has been provided on a standalone basis (unless otherwise specified).

Frameworks, Guidelines, and Standards (National & Global)

The non-statutory section of the report has been prepared based on the guiding principles and content elements of the International Integrated Reporting Council’s (IIRC) Integrated Reporting <IR> framework, now part of the IFRS Foundation.

The statutory and financial section of the Report has been prepared in accordance with:

  • Companies Act, 2013 (and the Rules made thereunder)
  • Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Indian Accounting Standards (Ind AS)
  • Business Responsibility and Sustainability Reporting (BRSR) based on the National Guidelines for Responsible Business Conduct (NGRBC)
  • Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI)

External Assurance

Financial

Standalone and Consolidated Financial Statements have been audited by Deloitte Haskins & Sells LLP

Non-Financial: Business Responsibility and Sustainability Report (BRSR)

Limited Assurance on the BRSR Core indicators reported in this Integrated Annual Report has been provided by BDO India Services Private Limited. BDO India Services Private Limited has conducted this assurance as per the International Standard on Assurance Engagements (ISAE) 3000 (Revised) standard – Limited Assurance criteria.

Forward-Looking Statement

In this report, information has been disclosed to help investors and shareholders comprehend the Company’s prospects and take informed investment decisions. This report, and other statements – written and oral – that the Company periodically makes, contain information that lists out anticipated results based on the Management’s plans and assumptions. Wherever possible, such statements have been identified by using words such as “anticipate”, “estimate”, “expects”, “projects”, “intends”, “plans”, “believes”, and words of similar substance, in connection with any discussion of future performance. The Company cannot guarantee that all projections will be realised, although it believes it has been prudent in its assumptions. The achievement of results is subject to risks, uncertainties, and even inaccurate assumptions. Should any known or unknown risk or uncertainty materialise, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated, or projected. Readers should keep this in mind. The Company undertakes no responsibility to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise.

Forward-Looking Statement

The Company seeks regular feedback from all its stakeholders to enable it to address their queries and provide clarifications on material topics that capture their key concerns.

Any feedback, suggestions, or stakeholder concerns can be communicated to Eureka Forbes Limited via email at compliance@eurekaforbes.com or sent to Eureka Forbes Limited, B1/B2, 7th Floor, 701, Marathon Innova, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013, India.