EFC FY26 PAT rises 67% to ₹2,346.6 million on strong operational growth
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. 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. 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.

*this image is generated using AI for illustrative purposes only.
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. Finance costs increased to ₹562.1 million from ₹456.8 million in the prior year. The EBIT margin for FY26 improved to 35.2% from 37.4% in FY25, reflecting strong operational leverage.
| Particulars (₹ million) | Q4 FY26 | Q4 FY25 | Y-o-Y | FY26 | FY25 | Y-o-Y |
|---|---|---|---|---|---|---|
| Revenue from Operations | 2,928.8 | 2,110.1 | 39% | 10,366.8 | 6,567.4 | 58% |
| EBITDA | 1,435.7 | 1,093.1 | 31% | 3,809.8 | 3,276.8 | 43% |
| EBITDA Margin (%) | 49.0% | 53.0% | 45.2% | 49.9% | ||
| Profit After Tax | 688.6 | 479.7 | 44% | 2,346.6 | 1,407.7 | 67% |
| PAT Margin (%) | 23.5% | 22.7% | 22.6% | 21.4% |
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.
| Segmental Revenue (₹ Mn) | Q4 FY26 | Q4 FY25 | YoY | FY26 | FY25 | YoY |
|---|---|---|---|---|---|---|
| Rental | 1,493.9 | 1,199.2 | 25% | 5,356.5 | 3,722.47 | 44% |
| Interior | 1,224.7 | 835.1 | 27% | 4,377.9 | 2,636.28 | 66% |
| Furniture | 210.2 | 75.8 | 177% | 632.3 | 209.05 | 202% |
Historical Stock Returns for EFC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.58% | -3.64% | -10.43% | -30.74% | -46.86% | -46.86% |
Can the company sustain its 90%+ occupancy rate while aggressively expanding into new markets?
How will rising finance costs impact net margins if interest rates remain elevated in FY27?
Will the Furniture segment continue its triple-digit growth trajectory as it scales from a lower base?


































