EFC (I) Ltd has expanded its serviced office portfolio with a 26,500 sq. ft. acquisition in Pune, adding 600 seats. This move strengthens its leadership in India’s managed office sector. With substantial financial growth, the company continues to attract investors, offering competitive returns and expanding its market presence.
EFC (I) Limited has announced a significant expansion in its serviced office portfolio by acquiring 26,500 square feet of prime commercial office space in Pune. This strategic move adds over 600 seats across two floors, reinforcing EFC’s leadership in India’s managed office space sector.
“This marks a significant milestone in our growth journey,” stated the company, highlighting its commitment to operational excellence and market expansion. Founded in 2014, EFC (I) Ltd has grown to manage over 70 centres with more than 56,000 seats across nine cities, serving over 570 corporate clients. The latest expansion aligns with the company’s strategy to cater to the evolving demands of businesses seeking flexible office solutions.
EFC (I) Ltd, formerly Amani Trading and Exports Ltd, has a strong market presence in India’s office leasing sector. As of March 2025, its stock price is Rs 193.25, with a market capitalization of Rs 2,066.23 crores. The company has delivered a 27.82% return over the past year, reflecting steady investor confidence and business growth.
The company’s financial performance has been robust, with quarterly revenue reaching Rs 177.24 crore in December 2024, reflecting a 3% YoY increase and a 6.49% QoQ rise. Net profit surged to Rs 37.94 crore, marking a YoY jump of 129.52% and a QoQ increase of 31.14%. The net profit margin rose to 21.41% in December 2024, compared to 17.38% in the previous quarter and 9.61% a year ago.
For FY24, EFC reported revenue of Rs 410.32 crore, a staggering 297.56% increase from FY23, with net profit soaring by 1389.70% to Rs 109.95 crore. This impressive financial trajectory has strengthened investor confidence, with the shareholding pattern reflecting a stable 45.51% promoter stake. Domestic institutional investors (DIIs) increased their holdings from 3.72% to 4.03%, while foreign institutional investors (FIIs) slightly reduced their stake from 4.59% to 4.08%.
Despite its strong fundamentals, EFC trades at a PE ratio of 18.8x, lower than the industry average of 29.9x, suggesting potential value for investors. The company’s return on capital employed (ROCE) stands at 18.7%, while its return on equity (ROE) is at 23%, highlighting its profitability and operational efficiency.
With this latest expansion, EFC (I) Ltd is poised to solidify further its footprint in India’s flexible office space market, catering to the increasing demand for premium serviced office solutions.
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