EFCIL
EFC (I) Limited
NSELast Traded Price
₹202
3.28 (1.65%)
Open
₹200.31
High
₹202.9
Low
₹196.81
Prev Close
₹198.72
Industry
Diversified Commercial Services
Market Cap
2988.51 Cr
Filing History
Recent corporate announcements and filings for EFCIL
Governance
Neutral
2026-08-22 17:00
- Corrigendum to the Postal Ballot Notice dated August 18, 2026.
- Updates web links for valuation report and Practising Company Secretary's certificate.
- Replaces the shareholding pattern table before and after a preferential issue.
Business Update
Positive
2026-08-18 16:58
- EFC (I) Limited proposes to acquire a 100% stake in Ultrafresh Modular Solutions Limited.
- The acquisition will be funded through a preferential issue of up to 19,99,996 equity shares by way of a share swap, valued at ₹53,99,98,920.
- Shareholders are requested to approve this special resolution via postal ballot from August 19, 2026, to September 17, 2026.
- Results of the postal ballot will be announced on or before September 21, 2026.
Business Update
Positive
2026-08-18 16:55
- EFC (I) Limited approved the acquisition of 100% of Ultrafresh Modular Solutions Limited for ₹53.99 Cr via a share swap. This acquisition aims to strengthen EFC's furniture manufacturing and design solutions business, with Ultrafresh reporting ₹36.32 Cr turnover in FY26. Completion is expected by October 31, 2026, subject to shareholder approval.
Business Update
Positive
2026-08-18 16:50
- The Board approved the issuance of up to 19,99,996 equity shares at ₹270 per share on a preferential basis on August 18, 2026.
- The shares are issued for the acquisition of a 100% stake in Ultrafresh.
- The total issue size aggregates to ₹53,99,98,920.
- Valuations were supported by independent reports from Mr. Mukesh Kumar Jain, Rarever Financial Advisors, and Deloitte.
- Nine non-promoter entities are proposed allottees, including TTK Prestige Limited.
Business Update
Positive
2026-08-18 16:47
- Acquisition of 100% stake in Ultrafresh Modular Solutions Limited ('Ultrafresh') by EFC (I) Limited.
- Cost of acquisition: ₹53,99,98,920.
- Consideration: Share swap through preferential issue of up to 19,99,996 equity shares of EFC (I) Limited at ₹270 per share to the sellers of Ultrafresh.
- Strategic Rationale: Strengthens existing furniture manufacturing and design solutions, leverages capabilities, and broadens product offerings.
- Expected Completion: On or before October 31, 2026, subject to shareholder and regulatory approvals.
Business Update
Positive
2026-08-17 11:48
- EFC (I) Limited expands its Pune presence with a new 95,897 Sq. Ft. managed office facility at Koregaon Park Annex.
- The new facility adds over 2,000 seats to its portfolio.
- Secured through a long-term lease of 5 years, with a revenue potential of more than INR 70 crores.
Business Update
Positive
2026-08-13 12:37
- On August 13, 2026, EFC (I) Limited announced the acquisition of 100% equity shareholding in Ultrafresh Modular Solutions Limited. - This strategic acquisition aims to strengthen EFC's furniture manufacturing and Design & Build verticals, enhancing capabilities and expanding market presence. - Ultrafresh is a 51% subsidiary of TTK Prestige Limited, operating a modular furniture manufacturing facility in North India.
Business Update
Positive
2026-08-13 12:32
- EFC (I) Limited to acquire 100% equity stake in Ultrafresh Modular Solutions Limited.
- Acquisition cost: ₹54 Crores, to be discharged via a share swap.
- Expected completion by October 31, 2026.
- Ultrafresh is a modular home solutions provider with FY26 turnover of ₹36.32 Cr.
- The acquisition aims to strengthen existing furniture manufacturing and design solutions, create synergies, and expand market presence.
Financials
Positive
2026-08-04 18:45
- Strong Start to FY'27: The company reported a strong Q1 FY'27, with management expressing confidence in continued momentum and profitable execution.
- Growth Outlook: Targeting approximately 50% YoY growth for both the Design & Build segment and the Furniture vertical in FY'27. Confident of adding 18,000-20,000 billable seats in the Leasing business.
- Order Books: Healthy order books in Design & Build (over ₹228 crores, 85%+ external) and Furniture (over ₹53 crores).
- Margin Improvement: Expects EBITDA margins for the Furniture vertical to exceed 25% once 60-70% capacity utilization is achieved within FY'27. Overall margins are projected to stabilize and improve.
- Operational Strength: Maintaining over 90% occupancy and 95%+ retention rates in leasing, with an average enterprise client tenure of 51 months.
- Strategic Initiatives: Focused on simplifying corporate structure through a demerger for tax efficiency and consolidating verticals. Leveraging asset monetization for capital appreciation and expanding geographic presence across 10 major cities in India.
Governance
Neutral
2026-07-30 18:40
- Postal Ballot Notice for EFC (I) Limited dated July 30, 2026.
- Cut-off date for voting rights is July 24, 2026.
- E-voting period: July 31, 2026, to August 29, 2026.
- Results to be announced on or before September 1, 2026.
- Shareholders to vote on resolutions for:
- Fixing remuneration of Non-Executive Director Mr. Abhishek Narbaria.
- Altering the Object Clause of the Memorandum of Association to include new business activities (real estate services, project management, furniture manufacturing/trading).
- Approving material related party transactions (RPTs) in the ordinary course of business and on an arm's length basis.
Business Update
Neutral
2026-07-30 17:42
- Audio recording of the Earnings Conference Call for Quarter 1 of financial year 2026-27, held on July 30, 2026, is now available on the company's website.
Financials
Positive
2026-07-29 21:07
- Consolidated Revenue ₹282.9 Cr vs ₹219.6 Cr (▲29% YoY)
- EBITDA ₹123 Cr vs ₹102.2 Cr (▲20% YoY)
- PAT ₹70.9 Cr vs ₹46.7 Cr (▲52% YoY)
- EBITDA Margin 43.5% vs 46.5% (▼300bps)
Financials
Positive
2026-07-29 21:02
- Consolidated Revenue ₹2,829 Mn (▲29% YoY)
- EBITDA ₹1,230 Mn (▲20% YoY)
- PAT ₹709 Mn (▲52% YoY)
- EBITDA Margin 43.48% vs 46.74% (▼326bps)
Business Update
Positive
2026-07-29 19:28
- EFC (I) Limited's Board approved a Scheme of Arrangement (Demerger) of the 'asset-light' managed office solutions business of its wholly-owned subsidiary, EFC Limited, into EFC (I) Limited.
- The demerged undertaking's turnover was INR 362 Crore as on March 31, 2026, representing 34.92% of EFC (I) Limited's consolidated turnover.
- The rationale includes segregating asset-light from asset-intensive businesses for focused growth, independent capital structures, and operational efficiency.
Business Update
Neutral
2026-07-29 19:25
- EFC (I) Limited's board approved withdrawal of the Scheme of Arrangement for Demerger of its wholly-owned subsidiary EFC Limited and step-down subsidiaries on July 29, 2026, citing legal/regulatory framework and business considerations in the companies' best interest. An application to withdraw will be filed.
Financials
Positive
2026-07-29 19:23
- Consolidated Revenue ₹282.88 Cr vs ₹219.62 Cr (▲28.80% YoY)
- EBITDA ₹112.54 Cr vs ₹102.16 Cr (▲10.16% YoY)
- PAT ₹70.85 Cr vs ₹46.67 Cr (▲51.81% YoY)
- EBITDA Margin 39.78% vs 46.52% (▼674bps)
Financials
Positive
2026-07-29 19:15
- Consolidated Revenue ₹28,287.99 lakhs vs ₹21,962.18 lakhs (▲28.80% YoY)
- EBITDA ₹12,295.82 lakhs vs ₹10,216.42 lakhs (▲20.35% YoY)
- PAT ₹7,085.20 lakhs vs ₹4,667.16 lakhs (▲51.71% YoY)
- EBITDA Margin 43.46% vs 46.52% (▼306bps)
- Board approved alteration of the Object Clause of the Memorandum of Association.
- Board approved a new Scheme of Arrangement (Demerger) between EFC Limited (Wholly Owned Subsidiary) and EFC (I) Limited, subject to regulatory approvals.
- Board noted the withdrawal of a previous scheme of arrangement involving multiple entities, considering prevailing legal, regulatory, and business frameworks.
Business Update
Neutral
2026-07-25 16:18
- Concall Schedule
- Concall Date: July 30, 2026
- Concall Time: 9:00 A.M. (IST)
- To discuss Q1 FY27 results
Routine
Neutral
2026-07-09 19:37
New Filing detected. See link for details.
Routine
Neutral
2026-06-30 16:59
- The trading window for dealing in the Company's securities will be closed from July 1, 2026.
- It will reopen 48 hours after the declaration of financial results for the quarter ended June 30, 2026, as per SEBI (PIT) Regulations, 2015.
Business Update
Neutral
2026-06-17 14:04
- Concall Schedule
- Concall Date: Tuesday, June 23, 2026
- Concall Time: 10:00 A.M. to 1:00 P.M.
- Location: Grand Hyatt, Mumbai for a Group Meeting with PhillipCapital.
Business Update
Neutral
2026-06-06 18:00
- Concall Schedule
- Concall Date: June 12, 2026
- Concall Time: 3:00 P.M.
Financials
Positive
2026-06-04 20:34
- Consolidated Revenue ₹29,288.04 Lakhs vs ₹21,101.16 Lakhs (▲38.80% YoY)
- EBITDA ₹14,357.02 Lakhs vs ₹10,930.54 Lakhs (▲31.35% YoY)
- PAT ₹6,885.99 Lakhs vs ₹4,796.68 Lakhs (▲43.56% YoY)
- EBITDA Margin 49.02% vs 51.80% (▼278bps)
Business Update
Positive
2026-06-03 17:51
- FY27 guidance for Leasing: expect to add 18,000-20,000 revenue-generating seats YoY, with average rent per square foot expected to increase.
- FY27 guidance for Design & Build: anticipate approximately 40% growth rate.
- FY27 guidance for Furniture: expects over 50% growth rate, supported by 'Make in India' initiatives.
- Overall EBITDA margin (central level) is projected to achieve 30%+.
- Furniture business specifically targets around 25% EBITDA margin.
- No immediate plans for substantial new CAPEX or land acquisition, focus on efficient utilization of existing capacities.
- Debt is primarily long-term and asset-backed, with no immediate repayment pressure.
Business Update
Neutral
2026-05-29 14:19
EFC (I) Limited announced the availability of the audio recording for its Earnings Conference Call for Quarter 4 of Financial Year 2025-26, held on May 29, 2026. The recording can be accessed on the company's website under the Investor Relation section.
Financials
Positive
2026-05-29 00:34
Consolidated Revenue ₹292.88 Cr vs ₹211.01 Cr (▲39% YoY), EBITDA ₹143.57 Cr vs ₹109.31 Cr (▲31% YoY), PAT ₹68.86 Cr vs ₹47.97 Cr (▲44% YoY). EBITDA Margin 49.0% vs 53.0% (▼400bps).
Business Update
Positive
2026-05-29 00:23
EFC (I) Limited reported strong performance for the quarter and year ended March 31, 2026. For FY26, Consolidated Revenue stood at ₹10,367 Mn (▲58% YoY), EBITDA at ₹4,682 Mn (▲43% YoY), and Profit After Tax at ₹2,379 Mn (▲67% YoY). The company expanded to 25 cities and served over 750 clients. Management expressed a positive outlook for FY27, focusing on disciplined expansion, improved asset efficiency, and strengthening its integrated platform for sustainable growth and enhanced profitability.
Routine
Neutral
2026-05-29 00:06
EFC (I) Limited has filed an intimation under Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company announced the amendment of its 'Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI)', which was approved by the Board of Directors at its meeting held on May 28, 2026. The updated policy is accessible on the company's website.
Financials
Positive
2026-05-28 23:39
Consolidated Revenue ₹29,288.04 Lakhs vs ₹21,101.16 Lakhs (▲38.80% YoY), EBITDA ₹14,357.02 Lakhs vs ₹10,930.54 Lakhs (▲31.35% YoY), PAT ₹6,885.99 Lakhs vs ₹4,796.68 Lakhs (▲43.56% YoY). EBITDA Margin 49.02% vs 51.79% (▼277bps).
Financials
Positive
2026-05-28 23:34
Consolidated Revenue ₹292.88 Cr vs ₹211.01 Cr (▲38.80% YoY), EBITDA ₹143.57 Cr vs ₹109.31 Cr (▲31.35% YoY), PAT ₹68.86 Cr vs ₹47.97 Cr (▲43.56% YoY). EBITDA Margin 48.99% vs 51.80% (▼281bps). The company also announced the appointment of M/s. Dhirubhai Shah & Co. LLP as Internal Auditors for FY 2026-27.
Business Update
Neutral
2026-05-26 11:42
EFC (I) Limited announced a revised schedule for its Q4 & FY26 Earnings Conference Call. Originally planned for May 29, 2026, at 9:00 A.M. (IST), the call will now commence at 8:30 A.M. (IST) on the same date to discuss the company's financial results.
Business Update
Positive
2026-05-25 18:52
The Board of Directors of EFC (I) Limited, at its meeting on May 25, 2026, approved the allotment of 1,06,62,786 fully paid-up Equity Shares from its Rights Issue. The shares were issued at ₹150 per share (₹2 face value + ₹148 premium), successfully raising ₹1,59,94,17,900 for the company. This allotment increased the paid-up share capital from ₹27.46 Cr to ₹29.59 Cr.
Ownership
Positive
2026-05-25 18:49
EFC (I) Limited's Board of Directors, at its meeting on May 25, 2026, approved the allotment of 1,06,62,786 fully paid-up Equity Shares of face value ₹2/- each at an issue price of ₹150/- per share through a Rights Issue. This allotment successfully raised ₹1,59,94,17,900 (Rupees One Hundred and Fifty Nine Crores Ninety Four Lakhs Seventeen Thousand and Nine Hundred) for the company.
Financials
Neutral
2026-05-23 20:04
EFC (I) Limited will host an earnings conference call for analysts and investors on Friday, May 29, 2026, at 9:00 AM IST to discuss its Q4 & FY26 financial results.
Business Update
Positive
2026-05-07 19:14
EFC (I) Limited has incorporated two new wholly-owned subsidiaries, 'EFC Estate Marisoft 3 Private Limited' and 'EFC Estate Marisoft 4 Private Limited', on May 7, 2026. These subsidiaries will operate in the 'Real Estate as a service' industry and are set to acquire properties at the 3rd and 4th floors of West Tower, Marisoft-3, Pune, expanding the company's real estate services footprint.
Business Update
Positive
2026-05-06 22:41
EFC (I) Limited announced the incorporation of a wholly-owned subsidiary named "EFC Estate Wakadewadi 3 Private Limited" on May 6, 2026. This new entity will operate in the "Real estate as a service" industry, focusing on holding/acquiring property in Pune, Maharashtra. EFC (I) Limited holds 100% of the subsidiary's share capital, amounting to Rs. 1,000 for 100 equity shares.
Business Update
Positive
2026-05-06 18:42
EFC (I) Limited announced the incorporation of a wholly-owned subsidiary, "EFC Estate Wakadewadi 1 Private Limited," on May 6, 2026. The new entity operates in the 'Real estate as a service' industry and will hold/acquire property in Pune. EFC (I) Limited holds 100% of the shareholding in the subsidiary.
Ownership
Positive
2026-05-06 15:12
EFC (I) Limited submitted its Letter of Offer for a Rights Issue of 1,06,62,786 fully paid-up Equity Shares at an issue price of ₹150 each, aggregating ₹159.94 Crores. The issue ratio is 8 Rights Equity Shares for every 103 shares held, with a record date of May 7, 2026. The issue opens on May 13, 2026, and closes on May 22, 2026.
Ownership
Positive
2026-05-01 12:28
EFC (I) Limited has fixed May 7, 2026, as the Record Date for its Rights Issue of equity shares. This date will be used to determine the shareholders eligible to receive the Rights Entitlements under the Rights Issue.
Ownership
Positive
2026-05-01 12:22
EFC (I) Limited announced the terms for its Rights Issue, approved by the Board on May 1, 2026. The company will issue 1,06,62,786 fully paid-up equity shares at Rs. 150 each, aiming to raise approximately Rs. 159.94 crore. The record date for determining eligible shareholders is May 7, 2026. The rights entitlement ratio is 8 Rights Equity Shares for every 103 shares held. The issue is scheduled to open on May 13, 2026, and close on May 22, 2026, to bolster the company's capital.
Business Update
Positive
2026-05-01 12:16
EFC (I) Limited announced the terms of its Rights Issue to raise approximately Rs. 159.94 crores. The issue price is Rs. 150 per equity share (face value Rs. 2, premium Rs. 148). The rights entitlement ratio is 8 equity shares for every 103 shares held. The record date for determining eligible shareholders is May 7, 2026. The issue opens on May 13, 2026, and closes on May 22, 2026.
Business Update
Positive
2026-04-29 20:30
EFC (I) Limited has incorporated a wholly-owned subsidiary named "EFC Estate Wakadewadi 2 Private Limited" on April 29, 2026. This new entity operates in the 'Real estate as a service' industry and is established to hold and acquire property in Pune, Maharashtra. EFC (I) Limited holds 100% of the subsidiary's shares, with an initial capital of Rs. 1,000.
Routine
Neutral
2026-04-24 20:36
New Filing detected. See link for details.
Routine
Neutral
2026-04-24 20:22
New Filing detected. See link for details.
Governance
Negative
2026-04-24 20:16
CRITICAL RED FLAG DETECTED
EFC Limited's Statutory Auditors, M/s. Nikhil Warankar & Co., resigned effective April 24, 2026, as they are not a Peer Reviewed Firm, which is now mandated by ICAI for the FY 2025-26 audit. M/s. SKAND and Co. have been appointed as their replacement.
Business Update
Positive
2026-04-07 14:58
EFC (I) Limited announced on April 7, 2026, that its Sprint Business Center in Wakadewadi, Pune, a 49,556 sq. ft. fully owned asset, achieved over 90% occupancy in record time. The property is leased to Large Enterprise and Multinational clients.
Governance
Positive
2026-04-03 11:33
The Board of Directors of EFC (I) Limited approved a rights issue of fully paid-up equity shares for an amount not exceeding ₹160 crore to its eligible equity shareholders. The specific terms, including issue price and record date, will be determined and notified subsequently.
Business Update
Positive
2026-04-03 11:32
EFC (I) Limited's Board of Directors approved a rights issue of fully paid-up equity shares for an amount not exceeding ₹160 crore to eligible shareholders. The specific terms, including issue price and record date, will be determined later.
Business Update
Positive
2026-04-03 11:26
The Board of Directors approved a rights issue of fully paid-up equity shares not exceeding ₹160 crore at its meeting on April 3, 2026, to raise capital from existing shareholders.
Routine
Neutral
2026-03-30 16:23
EFC (I) Limited announced the closure of its trading window from April 1, 2026, until 48 hours after the declaration of financial results for the quarter and year ended March 31, 2026, in compliance with insider trading regulations.
Business Update
Neutral
2026-03-24 18:36
EFC (I) Limited informed about an Analyst/Investor Meeting scheduled for Saturday, March 28, 2026, from 04:00 p.m. to 06:30 p.m. in Chennai. No unpublished price sensitive information will be shared.
Business Update
Neutral
2026-03-05 12:40
EFC (I) Limited announced an analyst/investor meeting with Arihant Capital on March 10, 2026. The virtual group meeting will not involve the sharing of any unpublished price sensitive information.
Business Update
Positive
2026-02-20 18:35
Transcript of the Q3 & 9 Months FY26 Earnings Conference Call held on February 16, 2026. The company reported strong business and financial performance, with the Interior division growing 76% YoY in Q3 and an order book of over ₹160 Cr for Design & Build.
Business Update
Neutral
2026-02-16 12:07
The audio recording of the Earnings Conference Call for Quarter 3 of Financial Year 2025-26 held on February 16, 2026, is now available on the company's website under the Investor Relation section.
Financials
Neutral
2026-02-14 21:20
EFC (I) Limited submitted an Investor Presentation detailing the company's financial performance for Quarter 3 and 9M of Financial Year 2025-26.
Financials
Positive
2026-02-14 20:58
Consolidated Revenue ₹2,695.9Mn vs ₹1,772.4Mn (▲52% YoY), EBITDA ₹1,116.0Mn vs ₹926.5Mn (▲20% YoY), PAT ₹624.1Mn vs ₹404.7Mn (▲54% YoY). EBITDA Margin 41.4% vs 52.3% (▼1090bps).
Financials
Neutral
2026-02-14 20:08
EFC (I) Limited submitted an Investor Presentation on February 14, 2026, detailing the performance for Quarter 3 and 9 Months of Financial Year 2025-26.
Routine
Positive
2026-02-14 19:59
EFC (I) Limited confirmed no deviation in the use of ₹242.44 crores raised via preferential issues for the quarter ended December 31, 2025. Funds were utilized as planned for business growth, technology investment, and working capital.
Financials
Positive
2026-02-14 19:57
Consolidated Revenue ₹269.58Cr vs ₹177.24Cr (▲52.10% YoY), EBITDA ₹111.69Cr vs ₹92.65Cr (▲20.55% YoY), PAT ₹62.41Cr vs ₹40.47Cr (▲54.21% YoY). EBITDA Margin 41.43% vs 52.27% (▼1084bps).
Financials
Positive
2026-02-14 19:34
Consolidated Revenue ₹26,958.50 lakhs vs ₹17,724.12 lakhs (▲52% YoY), EBITDA ₹11,169.23 lakhs vs ₹9,265.04 lakhs (▲21% YoY), PAT ₹6,241.43 lakhs vs ₹4,047.12 lakhs (▲54% YoY). EBITDA Margin 41.4% vs 52.3% (▼1080bps).
Routine
Positive
2026-02-12 19:41
The Monitoring Agency Report by CARE Ratings Limited for the quarter ended December 31, 2025, confirms that the utilization of Rs. 242.44 crore from the preferential issue by EFC(I) Limited is fully in line with the stated objects, with no deviations.
Business Update
Neutral
2026-02-10 15:59
EFC (I) Limited announced an Earnings Conference Call to discuss its Q3 & 9M FY26 results. The call is scheduled for Monday, February 16, 2026, at 9:00 a.m. IST for analysts and investors.
Ownership
Negative
2026-01-29 16:55
CRITICAL RED FLAG DETECTED
EFC (I) Limited received BSE approval on Jan 28, 2026, to reclassify 7,300 shares from 'Promoter' to 'Public' category. Promoter shareholding decreased by 7,300 shares. The company received an advisory from BSE for delayed disclosure of the application, which it acknowledged as an inadvertent delay.
Ownership
Negative
2026-01-29 16:51
CRITICAL RED FLAG DETECTED
EFC (I) Ltd received BSE approval on January 28, 2026, for reclassification of 7,300 shares from the promoter category to the public category. BSE also issued an advisory to the company for a significant delay in disclosing the reclassification application, which was submitted on August 13, 2022, but disclosed on June 16, 2025, violating Regulation 31A(8)(c).
Ownership
Neutral
2026-01-29 16:38
EFC (I) Limited received No-objection letters from NSE and BSE dated January 28, 2026, for the reclassification of Shefali Chintan Parikh and Niren Abhaykumar Jhaveri from the 'Promoter' category to the 'Public' category, as per Regulation 31A of SEBI LODR Regulations.
Business Update
Positive
2026-01-22 12:57
EFC (I) Limited is converting an existing unsecured loan of ₹15 crore to its wholly-owned subsidiary, EFC Limited, into 150 Compulsorily Convertible Debentures (CCDs). EFC Limited is a fast-growing managed workspace company, and this formalizes internal financing.
Routine
Neutral
2026-01-12 10:31
EFC (I) Limited submitted a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2025, via MUFG Intime India.