EFC (I) Ltd Q3 FY25 Results & Concall Highlights: Revenue, Margins & Order Book
Published 14 Jun 2026 | Commercial Services & Supplies | Market Cap: ₹2.7K Cr
The company targets a revenue growth of around 50% for FY25, slightly short of their earlier goal to double revenues. The company aims for around 50% growth in top line for FY25, slightly below the initial target of doubling revenue.
From EFC (I) Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.
Price
₹192
Market Cap
₹2.7K Cr
P/E Ratio
10.3
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EFC (I) Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹270 Cr, net profit ₹62 Cr.
Full financials →📊 Revenue & Sales Performance
- →The company targets a revenue growth of around 50% for FY25, slightly short of their earlier goal to double revenues.
- →Leasing vertical aims to increase seating capacity to about 55,000 billed seats by the end of the financial year, up from 51,000-52,000 currently.
- →The furniture vertical is expected to improve margins to around 30% EBITDA with higher capacity utilization next financial year.
- →Design & Build vertical anticipates continued growth with a robust project pipeline and expects to maintain or improve current margin levels (~17-22% EBIT).
- →SM REIT listing and operations are expected to contribute positively to bottom-line growth starting FY25.
- →The company plans about INR 150 crore CAPEX primarily in the leasing business, targeting around 25,000 new seats annually for the next couple of years.
- →Expansion into diverse sectors like education and healthcare through furniture and leasing verticals is a strategic focus to mitigate economic slowdown risks.
📈 Profitability & Margins
- →The company aims for around 50% growth in top line for FY25, slightly below the initial target of doubling revenue.
- →Profitability has improved significantly, with PAT for nine months FY25 at approximately ₹92.8 crore, over 50% higher than the full year PAT of ₹62-63 crore in the previous year.
- →Margins are expected to improve due to operational efficiencies from their integrated business model.
- →Furniture division targets achieving 30% EBITDA margins as capacity utilization improves.
- →Design & Build division anticipates EBITDA margins of around 17-18%, with some quarters possibly higher depending on contract mix.
- →Rental vertical margins are expected at about 30% after accounting for interest costs related to property ownership.
- →PAT growth is expected to continue, although exact EPS guidance will be provided in the first quarter of the next financial year.
- →Strategic initiatives like SM REIT and increased office leasing are expected to drive future profitability.
🏗️ Capital Expenditure Plans
- →Leasing vertical: Target to add around 25,000 seats annually for next couple of years with a capex of about Rs. 50,000 per seat (Rs. 1250 per sq ft), totaling approx. Rs. 150 crore. Around 15-20% capex funded by the company while the balance is landlord-funded to optimize costs.
- →Furniture vertical: No further capex expected for plant and machinery as infrastructure and tools are already developed; future investments mainly in working capital aligning with business growth.
- →Design & Build vertical: Primarily working capital intensive with 30-45 days of working capital deployment expected; no large capex highlighted.
- →Strategic investment: Acquired stake in renewable energy Company Master and Platt as a strategic investor to explore synergies, especially for operational cost management and margin maintenance.
- →Overall strategy focuses on capital efficiency by leveraging landlord funding and optimizing working capital.
💰 Fundraising & Capital Structure
📋 Order Book & Pipeline
- →Design and Build vertical has a total project pipeline of ₹92 crores.
- →₹32 crores worth of projects are currently under execution.
- →Additional projects worth ₹60 crores are in progress.
- →Furniture vertical order pipeline includes ₹8.57 crores of projects expected to complete within 30 days.
- →Additional ₹14.35 crores of furniture projects are expected within 30 to 60 days.
- →Hyderabad furniture order was received from an F&B company, partially delivered last quarter.
- →The company maintains a robust order booking with visibility close to ₹690-700 crores top line as per calculations shared in the call.
Key Metrics
Frequently Asked Questions
What were EFC (I) Ltd Q3 FY25 results?
The company targets a revenue growth of around 50% for FY25, slightly short of their earlier goal to double revenues. The company aims for around 50% growth in top line for FY25, slightly below the initial target of doubling revenue.
What is EFC (I) Ltd share price analysis?
EFC (I) Ltd currently shows a neutral. The stock trades at a P/E of 10.3 with a market cap of ₹2,662 Cr. Investors should review the full earnings analysis for detailed insights.
Is EFC (I) Ltd planning capital expenditure?
Leasing vertical: Target to add around 25,000 seats annually for next couple of years with a capex of about Rs.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.