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EFC (I) Limited
5 articles
EFC (I) Limited's strategic expansion is reshaping its furniture business and financial profile. The company finalized its acquisition of Ultrafresh Modular Solutions through a share swap, bolstering its product portfolio and North Indian market presence, while TTK Prestige divested its stake in Ultrafresh, receiving EFC shares in return. These moves follow a robust fiscal year for EFC, with revenue surging 58% to ₹10,367 million and profit after tax increasing 67%, driven by a merger with Whitehills Interior Limited. While net debt has risen, EFC maintains strong occupancy rates and client retention, though a disclaimer opinion on internal financial controls warrants investor attention.
EFC India Completes Ultrafresh Modular 100% Acquisition
EFC (I) Limited completed 100% acquisition of Ultrafresh Modular Solutions via share swap for ₹53.99 crore.
Ultrafresh operates in modular furniture with ₹36.32 crore FY26 turnover and manufacturing p
TTK Prestige Completes Ultrafresh Subsidiary Divestment
TTK Prestige completed the sale of its 51% stake in subsidiary Ultrafresh Modular Solutions Limited.
The company received 10,20,038 equity shares in EFC (I) Limited as consideration for the transactio
EFC (I) Limited 42nd AGM Voting Results
EFC (I) Limited held its 42nd Annual General Meeting on September 30, 2026 via video conferencing, concluding at 12:27 PM IST.
Shareholders passed all three resolutions, including adoption of FY26 fin
EFC (I) Limited 42nd AGM Approves Three Resolutions
EFC (I) Limited held its 42nd Annual General Meeting on September 30, 2026 via video conference for 27 minutes.
Members approved three resolutions including adoption of FY26 financial statements and a
EFC Limited FY26 Revenue Up 58% to ₹10,367M
EFC Limited reported strong FY26 results with consolidated revenue growing 58% YoY to ₹10,367 million and PAT increasing 67% to ₹2,347 million.
The company completed a merger with Whitehills Interior