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. Revenue from operations for FY26 grew by 58% to ₹10,366.8 million, while EBITDA increased 43% to ₹3,809.8 million. The company expanded its footprint to 25 cities, managing over 78,782 seats with occupancy above 90%.

*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. 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.
| 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 |
|---|---|---|---|---|---|
| +4.07% | +2.09% | +6.44% | -35.25% | -43.79% | -43.79% |
Can the company sustain the 177% growth in the furniture segment, or will it normalize in the coming year?
How will the expansion into 25 cities impact capital expenditure and free cash flow in FY27?
Will the increasing share of enterprise and institutional clients affect the company's revenue cyclicality or credit risk profile?


































