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EFC India, a provider of managed office infrastructure and design services, has begun trading on the National Stock Exchange after being listed on BSE. The move is expected to improve liquidity, strengthen investor trust, and widen the company's reach. In its recent quarterly results, the firm reported nearly 200% profit growth, with operating revenue more than doubling. Seat capacity crossed 60,000, supported by rising demand from sectors such as IT/ITeS, BFSI, and e-commerce. With a strong order book, including a new INR 57 crore fit-out contract, the company is positioned for steady expansion.
EFC India has started trading on the National Stock Exchange, adding to its presence on BSE. The company expects this step to increase liquidity, build confidence among investors, and support its long-term growth strategy. Advertisement
In its latest quarterly results, EFC reported significant improvements across all key metrics. Net profit rose by close to 200% compared to the same quarter last year, while operating revenue more than doubled. EBITDA also recorded strong growth, reflecting the rising demand for managed office spaces. The company added several thousand new seats in the past months, taking its total seat capacity to more than 60,000. Earnings per share also moved up in line with the overall financial performance.
Revenue remained well spread across different segments. Rental income continued to make up over half of the revenue share, while design-and-build services and furniture solutions added to the growth. The company also secured a new fit-out contract worth INR 57 crore, further strengthening its pipeline.
Management highlighted that the demand from IT/ITeS, BFSI, and e-commerce companies is driving seat additions and office space requirements. The rapid growth of global capability centres is also creating steady demand for managed offices. Expansion in verticals such as furniture and fit-outs, which offer higher margins, is expected to support earnings going ahead.
Over the past few years, EFC has followed an asset-light model by leasing spaces instead of owning them, allowing it to expand quickly while keeping costs under control. Its operations across multiple Indian cities have been consistently profitable, supported by careful cost management and structured financing. Capacity additions and revenue growth have largely been funded through internal cash flows, reflecting the company's focus on financial discipline.
With the NSE listing now complete, the company plans to build on this momentum, aiming for higher visibility among investors and a stronger platform for its future expansion plans.
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