Date: July 29, 2026
Board Meeting Outcomes
The Board of Directors meeting held on July 29, 2026 (4:30 PM to 5:30 PM IST) approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, pursuant to SEBI Listing Regulations 30 and 33.
Financial Results (Standalone)
Income Statement (₹ lakhs)
- Revenue from operations: 9,856.68 (Q1 FY27) vs 9,423.38 (Q1 FY26) - +4.6% YoY
- Other income: 361.01 (Q1 FY27) vs 542.43 (Q1 FY26) - -33.4% YoY
- Total income: 10,217.69 (Q1 FY27) vs 9,965.81 (Q1 FY26) - +2.5% YoY
Expenses (₹ lakhs)
- Cost of services: 6,667.03 (Q1 FY27) vs 5,550.42 (Q1 FY26) - +20.1% YoY
- Employee benefit expenses: 591.22 (Q1 FY27) vs 488.00 (Q1 FY26) - +21.2% YoY
- Finance costs: 68.94 (Q1 FY27) vs 55.07 (Q1 FY26) - +25.2% YoY
- Depreciation and amortization: 94.29 (Q1 FY27) vs 118.03 (Q1 FY26) - -20.1% YoY
- Other expenses: 1,097.10 (Q1 FY27) vs 467.43 (Q1 FY26) - +134.7% YoY
- Total expenses: 8,518.58 (Q1 FY27) vs 6,678.95 (Q1 FY26) - +27.5% YoY
Profitability (₹ lakhs)
- Profit before tax: 1,699.11 (Q1 FY27) vs 3,286.86 (Q1 FY26) - -48.3% YoY
- Tax expense: 470.85 (Q1 FY27) vs 794.61 (Q1 FY26)
- Current tax: 1,377.90
- Deferred tax: (907.05)
- Profit for the period: 1,228.26 (Q1 FY27) vs 2,492.25 (Q1 FY26) - -50.7% YoY
- Other comprehensive income: 14.17
- Total comprehensive income: 1,242.43 (Q1 FY27) vs 2,493.09 (Q1 FY26) - -50.2% YoY
Per Share Data
- Basic EPS: ₹0.86 (Q1 FY27) vs ₹1.79 (Q1 FY26)
- Diluted EPS: ₹0.86 (Q1 FY27) vs ₹1.79 (Q1 FY26)
Capital Structure
- Paid-up equity share capital: ₹2,958.92 lakhs (face value ₹2 per share)
Financial Results (Consolidated)
Income Statement (₹ lakhs)
- Total income: Not explicitly stated but derived from segment revenue
- Segment revenue: 28,287.99 (Q1 FY27)
- Rental: 15,391.22
- Interior: 10,039.29
- Furniture: 2,857.48
Profitability (₹ lakhs)
- Profit before tax: 10,133.85 (Q1 FY27) vs 6,606.25 (Q1 FY26) - +53.4% YoY
- Tax expense: 1,939.09
- Profit after tax: 4,667.16 (Q1 FY27) vs 7,085.20 (Q1 FY26) - -34.1% YoY
- Total comprehensive income: 4,662.97
Segment Performance (Q1 FY27)
- Rental segment profit: 6,432.72
- Interior segment profit: 3,384.33
- Furniture segment profit: 209.65
- Total segment result: 10,026.70
Dividend Declaration
Not Specified
KMP / Board / Auditor Changes
Not Specified
Disinvestment / Strategic Actions
- Merger: Scheme of Arrangement between EFC (I) Limited and Whitehills Interior Limited approved by NCLT, Mumbai Bench (order dated November 12, 2025, in Company Scheme Petition No. CP (CAA)/217/MB/2025 in CA (CAA)/184/MB/2025). Whitehills Interior Limited merged with EFC (I) Limited with effect from November 28, 2025.
- Merger accounted for using pooling of interest method, requiring restatement of figures from the beginning of the earliest comparative period presented.
Fundraising / Financing
- Rights Issue: The company allotted 1,06,62,786 fully paid-up equity shares of face value ₹2 each at an issue price of ₹150 per share (including securities premium of ₹148 per share) pursuant to its Rights Issue during the quarter.
Other Operational Disclosures
- The company operates in a single reportable segment on standalone basis (Interior).
- Consolidated results include 23 subsidiaries as listed in Annexure I.
- The figures for the quarter ended March 31, 2026, are balancing figures between audited full-year figures and unaudited published figures up to nine months.
- Previous period/year figures have been regrouped/rearranged/reclassified where necessary.