EFC (I) Limited Reports Strong Q3FY26 Performance with Revenue Growth of 52.1%

2 min read     Updated on 15 Feb 2026, 01:19 AM
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Overview

EFC (I) Limited reported strong Q3FY26 results with consolidated revenue growing to ₹26,958.50 lakhs from ₹17,724.12 lakhs year-on-year, while net profit increased to ₹6,241.43 lakhs from ₹4,047.12 lakhs. The company completed its merger with Whitehills Interior Limited in November 2025 and strengthened its subsidiary portfolio through strategic acquisitions, demonstrating robust performance across its rental, interior, and furniture business segments.

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EFC (I) Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing robust performance across both standalone and consolidated operations. The results were approved by the board of directors at their meeting held on February 14, 2026.

Consolidated Financial Performance

The company's consolidated operations demonstrated strong growth momentum during Q3FY26. Revenue from operations surged to ₹26,950.50 lakhs compared to ₹17,724.12 lakhs in the corresponding quarter of the previous year, representing substantial year-on-year expansion.

Metric Q3FY26 Q3FY25 Nine Months FY26 Nine Months FY25
Revenue from Operations ₹26,950.50 lakhs ₹17,724.12 lakhs ₹74,379.92 lakhs ₹44,573.10 lakhs
Total Income ₹27,648.43 lakhs ₹18,150.89 lakhs ₹75,655.83 lakhs ₹45,787.24 lakhs
Net Profit ₹6,241.43 lakhs ₹4,047.12 lakhs ₹16,579.78 lakhs ₹9,280.65 lakhs
Basic EPS ₹4.61 ₹3.22 ₹11.81 ₹7.16

For the nine-month period ended December 31, 2025, consolidated revenue from operations reached ₹74,379.92 lakhs against ₹44,573.10 lakhs in the corresponding period of the previous year.

Standalone Results

On a standalone basis, EFC (I) Limited reported revenue from operations of ₹12,566.80 lakhs in Q3FY26 compared to ₹7,406.50 lakhs in Q3FY25. The standalone net profit for the quarter stood at ₹1,347.41 lakhs versus ₹1,789.52 lakhs in the previous year.

Parameter Q3FY26 Q3FY25 Nine Months FY26 Nine Months FY25
Revenue from Operations ₹12,566.80 lakhs ₹7,406.50 lakhs ₹33,926.71 lakhs ₹18,851.31 lakhs
Total Income ₹13,219.57 lakhs ₹7,867.77 lakhs ₹35,774.41 lakhs ₹20,266.43 lakhs
Net Profit ₹1,347.41 lakhs ₹1,789.52 lakhs ₹6,874.51 lakhs ₹4,637.74 lakhs
Basic EPS ₹0.98 ₹1.30 ₹5.01 ₹3.38

Segment Performance

The company operates across three primary segments: rental, interior, and furniture. The consolidated segment revenue breakdown for Q3FY26 shows:

  • Rental: ₹11,902.72 lakhs
  • Interior: ₹13,508.15 lakhs
  • Furniture: ₹1,547.63 lakhs

Segment results for Q3FY26 were ₹5,223.58 lakhs for rental operations, ₹3,044.54 lakhs for interior services, and ₹310.88 lakhs for furniture business.

Corporate Developments

A significant development during the period was the completion of the merger between EFC (I) Limited and Whitehills Interior Limited. The Hon'ble National Company Law Tribunal, Mumbai Bench, approved the Scheme of Arrangement on November 12, 2025, with the merger taking effect from November 28, 2025. Consequently, comparative figures have been restated to reflect this merger from the appointment date.

The company also strengthened its subsidiary portfolio by acquiring an additional stake in Ek Design Industries Limited through subscription to rights issue and secondary acquisition, totaling ₹18.13 crores. This increased EFC's shareholding in Ek Design Industries Limited to 80.50% of the paid-up equity share capital.

Additionally, EFC Retail Spaces Limited (formerly Forty Two Ventures Limited) became a wholly-owned subsidiary through the acquisition of an additional 50% stake, effective December 26, 2025.

Financial Position

The company's paid-up equity share capital stood at ₹2,745.67 lakhs as of December 31, 2025, compared to ₹995.53 lakhs in the corresponding period of the previous year. Total consolidated segment assets reached ₹2,53,553.09 lakhs, while segment liabilities were ₹1,79,310.87 lakhs.

The financial results demonstrate EFC (I) Limited's continued growth trajectory and successful integration of acquired businesses, positioning the company for sustained expansion across its diversified business segments.

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EFC (I) Limited Receives Stock Exchange Approval for Promoter Reclassification

1 min read     Updated on 29 Jan 2026, 04:57 PM
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Overview

EFC (I) Limited has received regulatory approval from NSE and BSE for reclassifying two promoters to public category under SEBI Regulation 31A. The approval dated January 28, 2026, covers Shefali Chintan Parikh (8600 shares, 0.01%) and Niren Abhaykumar Jhaveri (600 shares, 0.00%), following the company's November 14, 2025 application. The reclassification involves minimal shareholding and requires ongoing compliance with disclosure requirements.

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EFC (I) Limited has successfully obtained regulatory approval for the reclassification of two promoters from the Promoter category to Public category. The company received no-objection letters from both major stock exchanges on January 28, 2026, following its application submitted on November 14, 2025.

Stock Exchange Approvals

The National Stock Exchange of India Limited (NSE) issued its no-objection letter numbered NSE/LIST/COMP/EFCIL/539/2025-2026 dated January 28, 2026. Similarly, BSE Limited provided its approval through letter number LIST/COMP/HG/692/2025-26 on the same date. Both approvals are in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Promoters Seeking Reclassification

The reclassification involves two individuals who will transition from Promoter status to Public category:

Promoter Name: Shares Held Shareholding %
Shefali Chintan Parikh: 8600 0.01%
Niren Abhaykumar Jhaveri: 600 0.00%

The minimal shareholding percentages indicate that this reclassification will have negligible impact on the company's overall ownership structure.

Regulatory Framework

The reclassification process follows Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which provides the framework for promoters to seek reclassification to public category under specific circumstances. Both stock exchanges have emphasized the company's obligation to ensure compliance with subsequent relevant disclosures of material events related to this reclassification.

Company Profile

EFC (I) Limited is registered in Pune, Maharashtra, with its registered office located at 6th Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Bhoslenagar, Shivajinagar, Pune-411007. The company operates under CIN: L74110PN1984PLC216407 and maintains its corporate website at www.efclimited.in .

Next Steps

Following the receipt of no-objection letters, EFC (I) Limited will be required to make appropriate disclosures and ensure ongoing compliance with SEBI regulations regarding the reclassified status of the former promoters. The company has formally communicated this development to both stock exchanges for their records.

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