NEW DELHI: EFC (I), a comprehensive office infrastructure and design services firm currently listed on BSE, is set to debut on the National Stock Exchange (NSE) on August 20. This listing is anticipated to enhance liquidity, strengthen investor confidence, and increase brand visibility.
The company added 3,377 seats in the April-June quarter, bringing the total to 63,389, a remarkable 34.72% increase compared to the 47,051 seats during the same period last year.
EFC’s net profit surged by 196% year-on-year to ₹46.7 crore in Q1 FY26, up from ₹15.8 crore last year. Operating income has nearly doubled, growing by 115% to ₹219.6 crore, compared to ₹102.1 crore in Q1 FY25. EBITDA also saw a significant increase of 120%, reaching ₹102.3 crore versus ₹46.4 crore a year prior. Earnings per share rose to ₹4.69 from ₹3.17.
Umesh Sahay, founder & CEO, stated, “We are experiencing strong growth across all our business sectors. We anticipate that our NSE listing will improve liquidity and access to capital, facilitating our ambitious growth plans. This is a significant step to bolster our brand visibility and build investor trust.”
Rental income represented 55.6% of total revenue, while design and build and furniture segments contributed 38.6% and 5.8%, respectively. The company attributed its growth to a booming demand for managed office spaces and customized design/built services, particularly from the IT/ITeS, BFSI, and e-commerce sectors.
“The managed spaces market in India is growing at around 30% annually, and the emergence of Global Capability Centres (GCCs) is expected to further boost this demand,” Sahay added.
Recently, the company secured fit-out contracts valued at ₹57 crore. Sahay concluded, “While the new capacity additions and rising demand will significantly enhance our revenue, we expect our profitability to improve further in upcoming quarters due to robust growth from our high-margin furniture and fit-out contract segments.”
