Pune, August 20, 2025: 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 3377 seats during the first quarter (April-June 2025) of this fiscal (2025-26). It registered 34.72 per cent growth in the total number of seats at 63,389 seats in Q1FY26, as compared with 47,051 same period last year.
For the first quarter ended June 30, 2025, EFC posted 196 per cent surge in net profit on a consolidated basis at Rs 46.7 crore, as compared with from Rs 15.8 crore same period last year.
Operating income on standalone basis increased by 115 per cent at Rs 219.6 crore during the quarter under review, up from Rs 102.1 crore last year. Rental income accounted for nearly 55.6 per cent of the total revenue on consolidated basis, design and build comprised 38.6 per cent while the remaining 5.8 per cent came from furniture business.
EBITDA grew by 120 per cent at Rs 102.3 crore, as against Rs 46.4 crore in Q1FY25. EPS stood at Rs 4.69 in Q1FY26, as against Rs 3.17 last year.
“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,” Sahay said.
The company recently secured fit-out contracts worth Rs 57crores Underscoring rapid growth in large-scale infrastructure. It was also recently awarded two Passport Seva Kendra projects in Hyderabad reinforcing its pan-India leadership in turnkey interiors following completed Ahmedabad site.
“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,” Sahay added.