EFC (I) Limited submitted an investor presentation to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, covering performance for the quarter ended June 30, 2026.

Financial Performance Q1 FY27

Revenue from Operations: ₹2828.79 million (₹283 crore), representing 29% year-over-year growth from Q1 FY26 revenue of ₹2196.21 million.

EBITDA: ₹1229.58 million with EBITDA margin of 43.5%, compared to ₹1021.64 million (46.5% margin) in Q1 FY26.

EBIT: ₹1116.84 million with EBIT margin of 39.5%, showing 44% growth from ₹776.21 million (35.3% margin) in Q1 FY26.

Profit Before Tax: ₹1013.38 million (35.8% margin), up 53% from ₹660.62 million (30.0% margin) in Q1 FY26.

Profit After Tax: ₹708.51 million (25.1% margin), representing 52% growth from ₹466.71 million (21.3% margin) in Q1 FY26.

EPS: ₹16.61 based on profit after tax, compared to ₹10.35 in Q1 FY26.

Operational Highlights

The company operated across 25 cities and served over 780 clients during Q1 FY27. Enterprise clients contributed 65% of total revenue, with demand from GCCs, technology, BFSI, enterprise outsourcing, and other institutional segments.

Business Model and Platform Synergies

EFC operates an integrated workspace solutions platform with three verticals:

1. Leasing Platform: Provides recurring revenue base with healthy occupancy and client retention

2. Design & Build: Offers end-to-end interior solutions with order book of ₹2280 million across 20+ locations

3. Furniture Manufacturing: Specializes in custom and ready-made high-quality furniture with in-house manufacturing capabilities including modular furniture, metal fabrication, CNC working, wood working, and office chair assembly

The integrated platform delivers structural cost advantages through backward integration, execution control, and multiple revenue streams.

Management Commentary

Chairman & MD Umesh Sahay stated that FY27 began on a positive note with continued momentum across the platform. The performance was driven by disciplined execution, sustained enterprise demand, and focus on profitable, capital-efficient growth. Priorities include deepening enterprise relationships, improving asset productivity, maintaining expansion discipline, and driving sustainable profitability.

Historical Financial Performance

FY26 Performance:

  • Revenue from Operations: ₹10366.8 million, up 58% from FY25 (₹6567.4 million)
  • EBITDA: ₹4683.2 million (45.2% margin), up 43% from FY25 (₹3276.8 million, 49.9% margin)
  • PAT: ₹2346.5 million (22.6% margin), up 67% from FY25 (₹1407.7 million, 21.4% margin)
  • EPS: ₹6.36

Balance Sheet (FY26):

  • Total Assets: ₹26750.9 million
  • Total Equity: ₹8136.9 million
  • Non-current liabilities: ₹12363.5 million (including borrowings of ₹2379.1 million and lease liabilities of ₹8362.1 million)
  • Current liabilities: ₹6250.6 million

Leadership Team

The management team includes:

  • Umesh Sahay: Chairman and MD with 20+ years experience in real estate and data centers
  • Abhishek Narbaria: Director with Master's in Computer Science and 20+ years experience
  • Nikhil Bhuta: Whole Time Director, qualified Chartered Accountant with 25+ years experience
  • Uday Vora: Chief Financial Officer with 15+ years in finance
  • Aman Gupta: Company Secretary with 10+ years experience

Independent Directors: Rajesh Vaishnav, Gayathri Iyer, and Mangina Srinivas Rao

Industry Context

The presentation references industry data showing GCC leasing momentum with ~10.3 million sq ft in Q2 2026 and 19.6 million sq ft in H1 2026 (up 17% YoY). Bengaluru led with 42% share of GCC leasing. Market trends indicate shift toward experience-led workspaces, with 91% of H1 2026 leasing in Grade-A assets and 73% in green-certified tech parks.

ESG Framework

EFC has implemented 24 ESG-related policies across the organization with focus on renewable energy, employee training programs, universal accessibility standards, and CSR initiatives aligned with Sustainable Development Goals.

Investor Relations

MUFG Intime India Private Limited serves as investor relations advisors, with contacts Nidhi Vijaywargia and Nikunj Seth.