EFC , a prominent player in the rental, interior, and furniture segments, has reported robust financial results for the quarter ended September 30, 2025, alongside a significant corporate action.

Financial Highlights

The company's consolidated performance for Q2 FY2026 showcases substantial growth:

The company's standalone performance also reflected positive trends:

Segment-wise Performance

EFC's business segments showed varied performance:

1. Rental Segment: Remained the primary revenue contributor with ₹12,900.26 lakhs in Q2 FY2026.
2. Interior Segment: Reported revenue of ₹11,160.80 lakhs, showing significant growth.
3. Furniture Segment: Generated revenue of ₹1,398.18 lakhs, a new addition compared to the previous year.

Corporate Action: Promoter Reclassification

The Board of Directors has approved a request from promoters Ms. Shefali Chintan Parikh and Mr. Niren Abhaykumar Jhaveri for reclassification from the 'Promoter' category to the 'Public' category. This decision is subject to approval from the BSE Limited and National Stock Exchange of India Limited.

Management Commentary

Umesh Kumar, Chairman and Managing Director of EFC, stated, "Our Q2 results reflect the company's strong market position and operational efficiency. The significant growth across all segments, particularly in our core rental business, underscores the robustness of our business model. We're also pleased with the Board's decision regarding the promoter reclassification request, which aligns with our commitment to evolving corporate governance standards."

Looking Ahead

EFC continues to strengthen its position in the rental, interior, and furniture segments, with its diversified business model contributing to its growth trajectory.

EFC (I) Limited , a prominent player in the flexible and enterprise office leasing sector, has announced its strategic expansion into the retail leasing business. The company plans to focus on high-end showrooms and shops across major commercial areas in metro and tier-1 cities in India.

Strategic Expansion

EFC's move into retail leasing marks a significant diversification of its real estate portfolio. The company, which has built a strong reputation in the office space segment, aims to replicate its success in the retail sector by offering premium, ready-to-lease retail spaces.

Target Markets and Timeline

The company is setting its sights on key markets including:

EFC plans to launch the first phase of these retail leasing projects by January 2026, indicating a swift implementation of this new business strategy.

Retail Space Offerings

EFC's retail leasing division, operating under the name 'EFC Retail Spaces', will offer a range of options:

• Compact luxury boutiques
• Flagship showroom spaces
• High-street developments
• Mixed-use properties

The company's approach emphasizes flexibility and long-term value creation for brands and investors alike.

Market Positioning

Umesh Kumar Sahay, Founder & Managing Director of EFC, stated, "Retail in India is entering a new phase - where location, design, and customer experience define success. Our expansion into retail leasing is a natural extension of EFC's integrated real estate capabilities."

Target Sectors

EFC is aiming to partner with retail brands across various sectors:

• Fashion
• Electronics
• Food & Beverage (F&B)
• Lifestyle
• Automotive

Additionally, the company is looking to attract institutional investors seeking stable retail asset portfolios.

Company Background

Founded in 2014, EFC is a BSE-NSE listed company headquartered in Pune. It currently manages over 80 centers across 10 cities in seven states, catering to more than 600 reputed Indian and global corporates.

This expansion into retail leasing aligns with India's growing consumer economy and the renewed demand for physical retail spaces among national and international brands. It also positions EFC as a more comprehensive real estate solutions provider, catering to both business and lifestyle needs.

As the retail landscape in India continues to evolve, EFC's entry into this sector could potentially reshape how brands approach retail leasing, offering a blend of flexibility and strategic location choices in key urban markets.