Stock Nears 52-Week High: Real Estate Company Wins Rs 57 Crore Interior Contract With Rs +200 Crore Order Book
The stock has delivered a 15.36 per cent return over the past year.
EFC (I) Limited has secured a major interior and fit-out contract worth Rs 57 crore from a leading multinational corporation. This contract win marks a critical development in the company’s infrastructure expansion plans. Scheduled to be completed in 90 days, the project involves comprehensive commercial interior work under its Design and Build division. The announcement triggered positive sentiment around the stock, pushing its price close to its 52-week high.
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As of June 27, 2025, the stock is trading at Rs 314.5, compared to its 52-week high of Rs 350.55 and 52-week low of Rs 190.5. The stock has delivered a 15.36 per cent return over the past year. With a market capitalisation of Rs 3,176 crore, EFC (I) Limited currently holds a Price-Earnings (PE) Ratio of 22.27. Notable public shareholders include Martina Developers and Fincon Private Limited (3.95 per cent), Morde Foods Private Limited (1.84 per cent), Kedar Arvind Kulkarni (1.54 per cent), and Nav Capital Vcc – Nav Capital Emerging Star Fund (1.06 per cent).
Founded in 1984 and headquartered in Pune, EFC (I) Ltd operates across three business verticals: Managed Office Business, Office Interior Designing, and Furniture. The Managed Office segment contributed 62 per cent of the revenue in FY24 and saw a 303 per cent year-on-year growth, largely driven by increased capacity. The Office Interior Designing business, led by its subsidiary Whitehills, witnessed 7.5x growth in FY24 due to multiple contracts and a strategic merger. Its Furniture Business is expected to begin commercial operations by September 2024.
EFC aims to scale its leasehold area to support 92,000 seats by March 2026. The company is also entering asset management by sponsoring a Category II Alternative Investment Fund and managing Small and Medium Real Estate Investment Trusts (SM REITs). Its clientele features prominent companies such as Flipkart, Amazon, and Tech Mahindra.
This recent contract win highlights the market's growing confidence in EFC’s execution capabilities and reflects strong momentum in infrastructure development within India’s Small-Cap segment.
Disclaimer: The article is for informational purposes only and not investment advice.