EFC (I) Limited has amended its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) to strengthen transparency and prevent selective disclosure of material information. The Board of Directors approved the amended policy at its meeting held on May 28, 2026, pursuant to Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The code establishes a framework for the fair dissemination of information that could materially affect the price of securities, ensuring that all stakeholders have equal access to such data.

The policy defines UPSI as any information relating to the company or its securities that is not generally available and is likely to materially affect the price of securities upon becoming public. This includes financial results, dividends, changes in capital structure, mergers, acquisitions, and changes in key managerial personnel. It also covers events such as fraud or defaults by the company, regulatory actions, forensic audits, and material litigation outcomes.

Principles of Fair Disclosure

The amended code outlines several principles to guide the company's disclosure practices. EFC (I) Limited commits to making prompt public disclosures of UPSI to facilitate price discovery as soon as credible information becomes available. The company ensures uniform and universal dissemination of information to avoid selective disclosure. The Compliance Officer, acting as the Chief Investor Relations Officer (CIRO), is responsible for handling the dissemination of information and responding to queries on market rumors.

Sharing and Maintenance of UPSI

UPSI may be shared only for legitimate purposes and on a need-to-know basis with authorized persons such as partners, lenders, legal advisors, and auditors. The sharing must be in furtherance of legitimate business activities or legal obligations and cannot be used to circumvent SEBI regulations. Recipients of UPSI are considered insiders and must be formally notified of their duties, responsibilities, and the confidentiality requirements attached to the information.

The CIRO is mandated to maintain a structured digital database of all recipients of UPSI. This database must include the recipient's name, organization, postal address, email ID, and Permanent Account Number (PAN) or other legal identifier. The system must include adequate internal controls, such as time stamping and audit trails, to prevent tampering. The Board reserves the right to amend the code periodically to comply with evolving regulatory requirements.

EFC (I) Limited reported a 67% year-on-year increase in profit after tax (PAT) to ₹2,346.6 million for the financial year ended March 31, 2026, driven by strong operational performance across its integrated real estate-as-a-service platform. Revenue from operations for FY26 grew by 58% to ₹10,366.8 million, compared to ₹6,567.4 million in the previous year. The company’s EBITDA for the year stood at ₹3,809.8 million, a 43% increase from FY25, with an EBITDA margin of 45.2%.

For the fourth quarter of FY26, revenue increased by 39% to ₹2,928.8 million, up from ₹2,110.1 million in Q4FY25. PAT for the quarter rose 44% to ₹688.6 million, while EBITDA grew 31% to ₹1,435.7 million. The company attributed the growth to disciplined execution, improving operating leverage, and the scale-up of its integrated model across leasing, design & build, and furniture manufacturing divisions.

Financial Performance

The company’s cost structure remained efficient during the year. The EBIT margin for FY26 improved to 35.2% from 37.4% in FY25, reflecting strong operational leverage. Profit before tax for FY26 stood at ₹3,089.2 million, a 55% increase from the prior year.

Operational Highlights

EFC (I) Limited expanded its footprint to 25 cities during FY26, serving over 750 clients with more than 78,782 seats under management and occupancy above 90%. The company noted that enterprise and institutional relationships contributed an increasing share of growth. The integrated model enabled stronger operating synergies and better cost control, with the leasing business providing a stable annuity-led foundation while the Design & Build vertical gained momentum through turnkey mandates.