EFC (I) Limited
NSE: EFCILDiversified Commercial Services
Share price
₹167.07
-3.87% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
69
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹2,255 Cr
P/E ratio
8.8
P/B ratio
3.1
ROCE
19.8%
ROE
33.5%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Our sales figures for this company step up at Sep 2022 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.
Whether it grew faster than its sector
Our sales figures for this company step up at Sep 2022 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
Priced at 0.0 times its growth rate, on earnings growth of 276%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| EFC (I) Limited — this one | 276%/yr | 8.8× | — |
| International Gemmological Institute (India) Limited | 43%/yr | 21.6× | ₹0.50 |
| WeWork India Management Limited | 36%/yr | 100.7× | ₹2.8 |
| Indiabulls Limited | 50%/yr | 16.1× | ₹0.32 |
| Nesco Limited | 11%/yr | 17.3× | ₹1.6 |
| Leap India Limited | 81%/yr | 117.6× | ₹1.5 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Diversified Commercial Services), it ranks 8 of 40 on returns, 13 of 40 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A narrow advantage: it earns 19.8% on capital, ahead of 80% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the last five years it made ₹303 crore of cash from the business but spent ₹335 crore on plant and equipment, ₹32 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹0 crore to ₹1406 crore. And the profit is real: of every 100 rupees it reported over 5 years, about 68 arrived as cash. Its cash comes back more slowly than it used to: it went from being paid 48 days before it paid its own suppliers to waiting 4 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
7 of 9 checks clear · 78%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Revenue grew 29% and profit 51%, with the profit margin at 43.5% against the 30% floor promised.
Announced 29 Jul 2026 · Consolidated
Revenue
₹283 Cr
Revenue vs last year
+28.6%
Revenue vs last quarter
-3.5%
Net profit
₹71 Cr
Profit vs last year
+50.7%
Profit vs last quarter
+2.7%
Net margin
25.0%
EPS
₹4.83
Earnings call transcript · 30 Jul 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹2,255 Cr
- Prev close
- ₹167.07
- 52w High
- ₹336
- 52w Low
- ₹166
- Enterprise value
- ₹3,820 Cr
- Beta
- 1.2
- Price CAGR 1y
- -42.0%
- Price CAGR 3y
- 13.0%
- Price CAGR 5y
- 83.0%
- Price CAGR 10y
- 43.0%
Ratios
- Return on assets
- 8.8%
- PEG ratio
- 0.0
- P/E ratio
- 8.8
- P/B ratio
- 3.1
- EV / EBITDA
- 8.4
- Industry P/E
- 16.8
- ROCE
- 19.8%
- ROCE 5y average
- 17.8%
- ROE
- 33.5%
- Debt / Equity
- 1.7
- Interest coverage
- 6.5
- Dividend yield
- 0.0%
- ROE 3y average
- 30.0%
- ROE last year
- 33.0%
Annual P&L
- Annual revenue
- ₹1,037 Cr
- Annual profit
- ₹235 Cr
- Operating margin
- 45.0%
- Net profit margin
- 22.7%
- EBITDA margin
- 45.1%
- Sales growth 3y
- 115.9%
- Sales growth 5y
- —
- Profit growth 3y
- 276.0%
- Profit growth 5y
- —
- EPS
- ₹15.7
- Sales growth TTM
- 42.0%
- Profit growth TTM
- 60.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹283 Cr
- Profit latest quarter
- ₹71 Cr
- YoY quarterly sales growth
- 28.8%
- YoY quarterly profit growth
- 51.1%
- OPM latest quarter
- 43.5%
Balance Sheet
- Book Value
- ₹59.8
- Face Value
- ₹2.0
- Total debt
- ₹1,406 Cr
- Total cash
- ₹88 Cr
- Borrowings
- ₹1,406 Cr
- Reserves / Equity
- 28.9
Cash Flow
- Operating cash flow
- ₹209 Cr
- Free cash flow
- ₹101 Cr
- FCF yield
- 2.0%
- Net cash flow
- -₹7 Cr
Shareholding
- Promoter holding
- 56.1%
- FII holding
- 1.3%
- DII holding
- 8.9%
- Public holding
- 33.8%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| International Gemological Instit | 317.05 | 22.5 | 13,702 | 0.80 | 165.7 | 31.0 | 370.8 | 23.2 | 69.3 |
| Wework India | 673.15 | 108.0 | 9,348 | 0.00 | -4.6 | 68.7 | 680.2 | 27.4 | 20.6 |
| Indiabulls | 32.49 | 15.7 | 7,577 | 0.00 | 141.0 | 35647.5 | 359.5 | 292.3 | 16.2 |
| NESCO | 1,028.90 | 17.4 | 7,250 | 0.68 | 100.0 | 4.0 | 211.8 | 9.6 | 18.5 |
| NDR INVIT Trust | 153.00 | 70.4 | 7,008 | 1.72 | 36.0 | -5.4 | 124.0 | 22.1 | 5.1 |
| Leap India | 148.03 | 111.8 | 6,521 | 0.00 | 24.7 | 30.2 | 203.4 | 19.1 | 8.3 |
| Inox Green | 135.87 | 46.5 | 5,701 | 0.00 | 40.8 | 84.8 | 43.3 | -23.0 | 8.1 |
| EFC (I) | 173.80 | 10.1 | 2,606 | 0.00 | 70.9 | 58.9 | 282.9 | 28.8 | 19.9 |
| Median | 162.80 | 16.7 | 429 | 0.00 | 8.4 | 38.2 | 83.8 | 15.7 | 14.8 |
Competes with: CMS Info Systems Limited, Indiabulls Limited, Inox Green Energy Services Limited, International Gemmological Institute (India) Limited, Leap India Limited, Nesco Limited, Nirlon Limited, Smartworks Coworking Spaces Limited, WeWork India Management Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 56 | 98 | 172 | 93 | 102 | 166 | 177 | 211 | 220 | 255 | 270 | 293 | 283 |
| Expenses | 27 | 58 | 111 | 41 | 56 | 87 | 85 | 102 | 117 | 144 | 158 | 149 | 160 |
| Material Cost | 121 | 126 | 80 | 94 | |||||||||
| Change in Inventories | -28 | -4.31 | -3.98 | 7.80 | |||||||||
| Purchases of Stock-in-Trade | 0 | 0 | 38 | 17 | |||||||||
| Employee Cost | 13 | 13 | 24 | 13 | |||||||||
| Other Expenses | 38 | 23 | 11 | 29 | |||||||||
| Operating Profit | 29 | 40 | 61 | 52 | 46 | 79 | 93 | 109 | 102 | 111 | 112 | 144 | 123 |
| OPM % | 52 | 41 | 35 | 56 | 45 | 48 | 52 | 52 | 47 | 44 | 41 | 49 | 43 |
| Other Income | 1 | 1 | 2 | 6 | 3 | 5 | 4 | 5 | 4 | 2 | 7 | 4 | 11 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | |||||||||
| Interest | 10 | 7 | 11 | 7 | 5 | 7 | 18 | 15 | 12 | 6 | 10 | 28 | 10 |
| Depreciation | 17 | 20 | 20 | 19 | 23 | 21 | 26 | 30 | 28 | 31 | 26 | 35 | 23 |
| Profit before tax | 3 | 15 | 31 | 32 | 21 | 56 | 52 | 71 | 66 | 76 | 82 | 85 | 101 |
| Tax % | -7 | 24 | 33 | 13 | 26 | 34 | 23 | 32 | 29 | 25 | 24 | 19 | 30 |
| Net Profit | 3 | 11 | 21 | 28 | 16 | 37 | 40 | 48 | 47 | 57 | 62 | 69 | 71 |
| EPS in Rs | 0.63 | 0.97 | 1.86 | 2.61 | 1.41 | 2.70 | 4.12 | 4.09 | 4.05 | 5.17 | 4.28 | 4.69 | 4.66 |
| Diluted EPS in Rs | 5.70 | 4.61 | 5.06 | 4.83 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
| Sales | 0 | 103 | 419 | 657 | 1,037 | 1,100 |
| Expenses | 0 | 48 | 237 | 329 | 568 | 611 |
| Material Cost | 409 | |||||
| Change in Inventories | -33 | |||||
| Purchases of Stock-in-Trade | 38 | |||||
| Employee Cost | 60 | |||||
| Other Expenses | 94 | |||||
| Operating Profit | -0 | 55 | 183 | 328 | 468 | 489 |
| OPM % | 54 | 44 | 50 | 45 | 44 | |
| Other Income | 0 | 1 | 9 | 18 | 17 | 25 |
| Exceptional items (within Other Income) | 0 | |||||
| Interest | 0 | 15 | 35 | 46 | 56 | 55 |
| Depreciation | 0 | 34 | 76 | 100 | 120 | 115 |
| Profit before tax | 0 | 7 | 81 | 200 | 309 | 344 |
| Tax % | 50 | 46 | 22 | 30 | 24 | |
| Net Profit | 0 | 4 | 63 | 141 | 235 | 259 |
| EPS in Rs | 0.01 | 0.59 | 5.41 | 13 | 16 | 19 |
| Diluted EPS in Rs | 17 | |||||
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- 116%
- TTM
- 42%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- 276%
- TTM
- 60%
Stock price CAGR
- 10 years
- 43%
- 5 years
- 83%
- 3 years
- 13%
- 1 year
- -42%
Return on equity
- 10 years
- —
- 5 years
- 29%
- 3 years
- 30%
- Last year
- 33%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity Capital | 0.70 | 7 | 10 | 20 | 27 |
| Reserves | 1 | 66 | 417 | 560 | 780 |
| Borrowings | 0 | 324 | 406 | 878 | 1,406 |
| Other Liabilities | 0 | 80 | 146 | 239 | 461 |
| Minority Interest | 6.43 | ||||
| Total Liabilities | 2 | 476 | 979 | 1,697 | 2,674 |
| Fixed Assets | 0 | 341 | 371 | 702 | 760 |
| CWIP | 0 | 19 | 27 | 0 | 0 |
| Investments | 0 | 0 | 0 | 5 | 2 |
| Other Assets | 2 | 116 | 580 | 990 | 1,912 |
| Total Assets | 2 | 476 | 979 | 1,697 | 2,674 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash from Operating Activity | -0 | -51 | 11 | 134 | 209 |
| Cash from Investing Activity | 1 | -35 | -256 | -110 | -46 |
| Cash from Financing Activity | 0 | 89 | 255 | -19 | -169 |
| Net Cash Flow | 1 | 2 | 10 | 4 | -7 |
| Free Cash Flow | -0 | -71 | -50 | -12 | 101 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor Days | 52 | 108 | 55 | 86 | |
| Inventory Days | 155 | ||||
| Days Payable | 348 | ||||
| Cash Conversion Cycle | 52 | -85 | 55 | 86 | |
| Working Capital Days | -48 | 100 | 4 | 4 | |
| ROCE % | 11 | 19 | 21 | 20 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.35cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
1,54,08,618inr
2026-03-31
News
News and filings about EFC (I) Limited. Open one to see why it matters.
24 Sept, 18:44 IST · Company event · medium impact
EFC (I) Limited — Scheme of Arrangement (Demerger) - Notice to Equity Shareholders and Unsecured Creditors.
22 Sept, 19:18 IST · Company event · medium impact
EFC (I) Limited — Order of NCLT in respect of Scheme of Arrangement (Demerger).
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- metal and steel inputs for metalwork furniture and interior fit-outs
- solid wood and modular panels for furniture manufacturing
- upholstery foam and fabric for seating systems
Depends on the price of
- steel
- timber/logs
Sells to
- 3i Infotech Limited · managed office / enterprise workspace services
- Access Healthcare · managed office / enterprise workspace services
- Badalsoft · managed office / enterprise workspace services
- Conneqt · managed office / enterprise workspace services
- EOS Globe · managed office / enterprise workspace services
- Ekart · managed office / enterprise workspace services
- Kalyani Forge Limited · managed office / enterprise workspace services
- Mahindra (group entity) · managed office / enterprise workspace services
- Passport Seva Kendra programme · interior turnkey fit-outs for PSK projects (Ahmedabad, Hyderabad, Pashan Pune)
- Pine Labs Limited · managed office / enterprise workspace services
- Red Bull · managed office / enterprise workspace services
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Services
- Industry
- Diversified Commercial Services
- Classification
- Services › Diversified Commercial Services
- ISIN
- INE886D01026
Business segments
- Rental · 52%
- Interior · 42%
- Furniture · 6%
Plants
- Ek Design Industries furniture manufacturing facility · Phursungi, Haveli Taluka, Pune, Maharashtra
News impact
Big market events that reach EFC (I) Limited, and how the effect spreads.
30 Sept, 19:13 IST · Market event · medium impact
Smartworks to get Rs 305 cr office rent from new corporate clients
Smartworks won Rs 305 crore of five-year office leases, helping Smartworks most and mildly lifting managed-office peers while client tenants bear the rent cost.
Who it hits first
- Smartworks Coworking Spaces, which runs managed offices for mid-to-large firms, locked in new corporate leases worth Rs 305 crore of rent over five years.
- That contracted rent lifts its occupancy (share of offices filled) and gives clearer revenue for the next five years.
- The client tenants pay that rent, so their office costs rise while Smartworks collects.
Who may gain
- Smartworks Coworking Spaces gains most through Rs 305 crore of locked future rent.
- Close managed-office peers like Awfis Space Solutions, WeWork India and EFC India get a mild sympathy lift as the deals prove corporate demand is healthy.
- Office landlords and fit-out vendors see slightly better prospects as filled managed offices need buildings and furnishings.
Along the supply chain
Downstream
Downstream are the corporate tenants, including Groww (stock brokerage), Kotak Mahindra Bank, Tech Mahindra, Persistent Systems and L&T Technology Services (technology firms) and Schaeffler (auto parts), who receive ready-to-use offices but pay the Rs 305 crore rent over five years.
Upstream
No supplier is named in the pack, so no direct upstream order flows; in practice Smartworks rents buildings from property owners and buys fit-out, furniture and cleaning work, who get mild follow-on demand as new space fills.
Where demand moves
Business
Corporate tenants give business to Smartworks: they sign multi-year managed-office deals, paying rent that becomes Smartworks revenue over five years, which in turn supports building owners and office-service vendors with steadier occupancy.
Capital
Investors may bid up Smartworks and, lightly, its listed flexible-office peers on stronger occupancy hopes, while putting no new money behind the tenant companies who simply bear higher rent.
How it spreads across sectors
Realty
Mildly positive as Rs 305 crore of office leases support occupancy hopes for office owners like DLF Limited and Prestige Estates Projects.
Services
Mildly positive for managed-office and facility peers as corporate demand looks firm, though only Smartworks gets the rent.
When it plays out
Immediate
In 1-7 days Smartworks shares react to the Rs 305 crore lease news and peers see light sympathy moves.
Medium term
In 1-6 months quarterly rent and occupancy confirm whether the five-year Rs 305 crore path holds.
Short term
In 1-4 weeks occupancy updates and lease-start details show how fast the rent begins.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Splits, bonuses & buybacks
- daily-prices repair: 2 rows from NSE's archive (replace 0, delete 1, insert 1), 2026-01-15..2026-02-01 (docs/flat_day_repair.md)1× · 15 Jan 2026
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 18 Jun 2026 | F3 ADVISORS PRIVATE LIMITED | SELL | 10,00,000 | ₹189.50 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call6 Aug 2026
- Earnings call30 Jul 2026
- Results presentation30 Jun 2026
- Earnings call29 May 2026
- Earnings call16 Feb 2026
- Earnings call12 Nov 2025
- Annual report · 2024-258 Sep 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.