EFC (I) share price today

EFC (I) Ltd's share price was ₹164.76 at the close on 5 November 2026. It has been falling for 48 weeks. That is 18.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹165 and ₹303, and at that close it was at the low of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today EFC (I) Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 8 weeks running.

Over the last 11 years the share price moved +3,262% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 11 September 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), profit up on a year earlier for 12 quarters in a row (every quarter we can compare) and foreign funds (FIIs) cut their stake for 6 quarters in a row.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹283 crore, +28.6% on a year earlier.

   Why: Revenue rose because demand from large office clients stayed healthy.

   Next results: check if the company adds the billable seats it plans.

   From the earnings call on 30 Jul 2026.

2. Profit up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the June 2026 quarter profit was ₹71 crore, +51.1% on a year earlier.

   Why: Profit rose because the company spread costs over more business and kept a tighter grip on spending.

   Next results: check when the restructuring is completed and how it changes the numbers, since management gave no timeline or size.

   From the earnings call on 30 Jul 2026.

3. Foreign funds (FIIs) cut their stake for 6 quarters in a row

   From 4.2% to 1% of the company by the September 2026 quarter.

For July to September 2026 (the quarter ended 30 September 2026), EFC (I) reported revenue of ₹332 crore, up 30.2% from ₹255 crore a year earlier, and a profit of ₹77.0 crore, up 35.1% from ₹57.0 crore.

EFC (I) results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 30 July 2026, about April to June 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

EFC (I) closed at ₹164.76 on 5 November 2026, down 41.0% from ₹279.13 a year earlier (7 November 2025) and up 1,654.6% over five years. Its highest weekly close since March 2016 was ₹344.85 on 25 July 2025.

EFC (I) share price: then and now

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

256 weekly closes from 11 March 2016 to 5 November 2026.

5 Nov 2026: EFC (I) closed at ₹164.76, down 3.8% on the week and down 2.8% on the month. Results for July to September 2026: Revenue up 30.2% and profit up 35.1% on a year earlier.

Earlier

• 30 Jul 2026: EFC (I) held its results call for April to June 2026. Management guided: Leasing billable seats to increase by 18,000-20,000 during FY27 against the existing platform.0% confidence.

EFC (I) has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. EFC (I) Ltd paid out 0% of its profit as dividends in each of its last 12 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 30 July 2026, EFC (I)'s management guided: Leasing billable seats to increase by 18,000-20,000 during FY27 against the existing platform.0% confidence.

“What is important is that occupiers today are not looking just for office space. They are looking for speed, flexibility, design quality, execution certainty, and a single accountable partner.”Umesh Sahai, Chairman and Managing Director, on the call for April to June 2026

What management guided

• Design and build growth planned above 30.0% for FY27; a later answer described roughly 50.0% year-on-year growth, creating an internal inconsistency.
• Furniture FY27 growth was described as similar to roughly 50.0% year-on-year design and build growth; no separate furniture percentage was specified.
• Furniture operating profit expected to exceed 25.0% once utilization reaches 60.0-70.0%, with optimal utilization expected by FY27 year-end.
• Consolidated and segment margins expected to remain stable or improve with economies of scale and capacity utilization; no consolidated margin range was provided.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 30 July 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When EFC (I) reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Track billable seat additions and leasing occupancy against management's FY27 goal of 18,000-20,000 seats and current occupancy above 90.0%.

EFC (I) is on one of our India lists: Real estate, REIT & cement.

EFC (I) Ltd earned ₹77.0 Cr of net profit in the Sep 2026 quarter, +35.1% on the same quarter a year earlier. That is the 12th quarter in a row of profit growth. Full-year FY26 profit was ₹235 Cr. That is 23.2% of the quarter's revenue. The same quarter a year earlier earned ₹57.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹235 Cr (+66.7% on the year before).

Why profit moved: revenue changed +30.2% on a year earlier and the margin moved −4.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +46.3% and revenue +37.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

EFC (I) Ltd reported ₹332 Cr of revenue in the Sep 2026 quarter, +30.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 70.5% a year on average. The last full year, FY26, came in at ₹1,037 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,178 Cr.

FY26 revenue was ₹1,037 Cr, +57.8% on the year before.

Recent pace: the last four quarters grew +37.5% on average, against 70.5% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +36.5%, against +48.7% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +45.3%, against +65.4% a year (rolling over).

EFC (I) Ltd's operating margin was 40.0% in the Sep 2026 quarter, 4.0 percentage points lower than the same quarter a year ago. Across 11 years it has been between −175.0% and 54.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −3.2 percentage points on the year while gross margin changed −19.5 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 81% of EFC (I) Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹209 Cr of operating cash against ₹235 Cr of profit. After ₹178 Cr of spending on assets, ₹31.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 81% of profit came in as cash: the cash cycle got 32 days shorter between FY19 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 2.4× depreciation over three years. The next section checks what that spending is building.

EFC (I) Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 86 days in FY26, down from 118 days in FY19. It spent ₹696 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,037 Cr, each day of that cycle ties up about ₹2.8 Cr, so roughly ₹244 Cr is tied up in the business at any time.

Spending on assets: ₹696 Cr over the last 3 years, against ₹296 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

EFC (I) Ltd's P/E is 8.8×, about the lowest it has ever been. Its usual P/E (the middle reading) is 26.9×, over 3.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹19.45.

Why the multiple is where it is: over the past year earnings per share moved +18.1% while the price moved −41.0%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 3 years the price moved +11.4% a year; about +102.0% a year came from earnings growth and about −90.6 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 276% on reported income across 16 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

EFC (I) Ltd's business is giving mixed signals. Growth is slowing from a very fast pace: revenue growth has eased from +219.0% at its peak to +36.5%, but the business is still expanding, with ROCE steady at 20.0%. This is based on 10 quarters of 4 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: when the lines disagree, each line above matters more than any single label.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

EFC (I) Ltd earned a ROCE of 20% in FY26. That is up from a low of −1% in FY19. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 22.7% net margin and 0.39× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 22.7% net margin × 0.39× asset turnover × 3.31× leverage (assets divided by equity) ≈ 29.3% on equity. The margin does most of the work; borrowing is a big part of it.

The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 276% on reported income across 16 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

EFC (I) Ltd had ₹1,406 Cr of borrowings against ₹807 Cr of equity in FY26, so its debt is 1.74× its equity. Its operating profit is 8 times its interest bill. Over 5 years borrowings went from ₹0.0 Cr to ₹1,406 Cr. Over the last 3 of those years it spent ₹696 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

Part of the spending on assets is being paid for with borrowed money.

The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 276% on reported income across 16 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

Promoters raised their stake in EFC (I) Ltd by 10.5 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 56.1% of the company. Domestic institutions moved +5.9 points over the same period, to 9.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Promoters: +10.5 points over 8 quarters, to 56.1%; Domestic institutions: +5.9 points over 8 quarters, to 9.6%; Foreign institutions: −3.6 points over 8 quarters, to 1.0%.

Why the owners changed: foreign institutions moved −3.6 points and domestic institutions +5.9 points over 8 quarters, while promoters moved +10.5 points. One group of institutions took over shares from the other; it is not a change of mind by the people running the company.

For EFC (I) Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

57.2 out of 100, rank 1 of 4 in Realty - CoWorking, with 72% of the evidence available.

EFC (I) Ltd scores 57.2 out of 100 against the 4 companies it is compared with in Realty - CoWorking, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 21.4 + 20.2 + 10 + 5.6 = 57.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

EFC (I) ranks 1 of 4 Realty - CoWorking companies on the 4-Factor Sector Score, with 57.2 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Realty - CoWorking, all 4 compared on one page.

EFC (I) is the 3rd largest of 4 Realty - CoWorking companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Wework India Management and Smartworks Coworking Spaces. Just below it: AWFIS Space Solutions.

Realty - CoWorking companies close in size

1. Wework India Management Ltd ₹8,818 crore
2. Smartworks Coworking Spaces Ltd ₹5,496 crore
3. EFC (I) Ltd ₹2,471 crore
4. AWFIS Space Solutions Ltd ₹1,938 crore