BSE-listed integrated office infrastructure and design company, EFC (I) Limited, is set to list its scrip on the NSE platform on August 20. The move will help boost the company’s overall brand image while giving it access to better liquidity and improved investor trust.
Commenting on the development, Umesh Sahay, Founder & CEO, EFC (I) Limited, said:
“We have been witnessing a robust growth momentum across all our business verticals and we expect the listing on NSE to give us access to better liquidity and capital to fund our ambitious growth target. Listing on the largest stock exchange of the country will also help enhance our brand visibility and lead to improved trust among investors.”
The company added 3,377 seats during the first quarter (April–June 2025) of this fiscal (2025–26). It registered 34.72% growth in the total number of seats at 63,389 in Q1FY26, compared with 47,051 in the same period last year.
For the quarter ended June 30, 2025, EFC posted a 196% surge in net profit on a consolidated basis at Rs 46.7 crore, up from Rs 15.8 crore last year. Operating income on a standalone basis increased by 115% to Rs 219.6 crore, compared to Rs 102.1 crore in Q1FY25.
Revenue composition (consolidated):
- Rental income: 55.6%
- Design & build: 38.6%
- Furniture business: 5.8%
EBITDA grew by 120% to Rs 102.3 crore, from Rs 46.4 crore in Q1FY25. EPS stood at Rs 4.69, up from Rs 3.17 last year.
Sahay added:
“We have witnessed a robust growth in our topline and bottomline in the first quarter backed by a strong underlying demand for our managed services and design & build services offerings. The managed spaces segment in the country has been growing at around 30 per cent per annum and the rise of GCCs is expected to give a further fillip to this demand. There is also a good surge in demand for design and build services from sectors such as IT/ITeS, BFSI and e-commerce among others and we expect the demand momentum to sustain during the coming quarters. We expect to post a higher growth in our topline in the coming quarters backed by our integrated business model and buoyant demand.”
The company recently secured fit-out contracts worth Rs 57 crore, underscoring rapid growth in large-scale infrastructure. It was also awarded two Passport Seva Kendra projects in Hyderabad, reinforcing its pan-India leadership in turnkey interiors, following the completed Ahmedabad site.
Sahay further stated:
“While the recent capacity additions and the growing demand will shore up our topline, we expect the profitability to improve further in the coming quarters on the back of a good growth coming from high-margin furniture and fit-out contracts business.”