EFC (I) Ltd
Incorporated in 1984, EFC (I) Ltd (formerly Amani Trading and Exports Ltd) is in the business of leasing Offices spaces
- Market Cap ₹ 2,689 Cr.
- Current Price ₹ 270
- High / Low ₹ 374 / 171
- Stock P/E 107
- Book Value ₹ 40.6
- Dividend Yield 0.00 %
- ROCE 6.62 %
- ROE 4.84 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 162% CAGR over last 5 years
Cons
- Stock is trading at 6.65 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 3.37% over last 3 years.
- Earnings include an other income of Rs.26.1 Cr.
- Promoter holding has decreased over last 3 years: -30.5%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Commercial Services & Supplies Diversified Commercial Services
Part of BSE SmallCap BSE Allcap BSE Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3 | 5 | 5 | 5 | 3 | 2 | 0 | 0 | 0 | 7 | 11 | 20 | 34 | |
| 3 | 5 | 5 | 5 | 3 | 2 | 0 | 0 | 0 | 5 | 12 | 13 | 20 | |
| Operating Profit | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 2 | -1 | 7 | 14 |
| OPM % | -0% | -1% | -1% | -1% | -2% | -6% | -175% | 33% | -10% | 37% | 41% | ||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 23 | 26 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 4 | 4 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 1 | 4 | 25 | 34 |
| Tax % | 25% | 38% | 20% | 12% | 100% | 29% | 12% | 50% | 56% | 28% | 27% | ||
| 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 3 | 18 | 25 | |
| EPS in Rs | 0.07 | 0.07 | 0.00 | 0.06 | 0.10 | -0.03 | 0.21 | 0.10 | 0.01 | 0.07 | 0.26 | 1.85 | 2.52 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 247% |
| 3 Years: | % |
| TTM: | 189% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 81% |
| 5 Years: | 162% |
| 3 Years: | 1125% |
| TTM: | 156% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 111% |
| 3 Years: | 159% |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.70 | 0.70 | 0.70 | 0.70 | 0.70 | 0.70 | 0.70 | 0.70 | 0.70 | 7 | 10 | 20 | 20 |
| Reserves | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 63 | 361 | 370 | 385 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 20 | 39 | 90 | |
| 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 4 | 7 | 11 | 22 | |
| Total Liabilities | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 84 | 397 | 440 | 517 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 18 | 21 | 15 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50 | 50 | 194 | 209 |
| 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 24 | 328 | 225 | 293 | |
| Total Assets | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 84 | 397 | 440 | 517 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0 | -2 | 1 | -0 | -0 | -0 | -0 | -0 | -0 | -3 | -1 | 0 | |
| 0 | 2 | -1 | 0 | 0 | 0 | 0 | 0 | 1 | -16 | -295 | 6 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19 | 295 | -5 | |
| Net Cash Flow | -0 | -0 | 0 | 0 | 0 | 0 | -0 | 0 | 1 | 0 | -1 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 73 | 152 | 43 | 41 | 77 | 118 | 456 | 10 | 132 | 10 | ||
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 73 | 152 | 43 | 41 | 77 | 118 | 456 | 10 | 132 | 10 | ||
| Working Capital Days | 243 | 150 | 43 | -12 | -22 | -29 | 456 | 865 | 5,203 | -52 | ||
| ROCE % | 6% | 6% | 0% | 4% | 6% | -1% | 14% | 5% | 1% | 3% | 2% | 7% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
17 Nov - NCLT approved amalgamation; EFC(I) to issue 3,77,30,000 shares; Whitehills dissolved; order certified Nov 17, 2025.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
17 Nov - Transcript of Earnings Call dated November 12, 2025 is attached.
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Intimation Of Submission Of Application For Reclassification From ''Promoter '' Category To ''Public'' Category In Accordance With Regulation 31A Of The SEBI (LODR) Regulations. 2015, As Amended ("SEBI LODR Regulations").
14 Nov - Applied Nov 14, 2025 to reclassify two promoters (8,600 and 600 shares) to public.
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
13 Nov - NCLT sanctioned amalgamation of Whitehills into EFC(I); 3,77,30,000 equity shares to be issued; appointed date 1 April 2023.
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
12 Nov - NCLT Mumbai sanctioned Scheme of Arrangement between EFC (I) Limited and Whitehills Interior Limited on Nov 12, 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2010
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Concalls
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Nov 2025Transcript PPT REC
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Jul 2025Transcript PPT REC
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Jun 2025Transcript PPT
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Jan 2025Transcript PPT REC
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Oct 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
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Jun 2024Transcript PPT REC
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Jun 2024TranscriptNotesPPT
Business Segments