EFC (I) Ltd. share price target

EFC reported modest results in 3Q FY25. The company has lowered its revenue growth forecast for FY25 from a potential doubling of FY24 revenue to a more conservative target of at least 50% growth.

EFC reported strong growth in 2Q FY25 as revenues increased by 72.9% y-o-y to Rs 171.1 crore.
EBITDA increased 103.4% y-o-y to Rs 84.0 crore as EBITDA margin expanded by 736 bps y-o-y to 49.1%.

Perfectly aligned to capture sectoral tailwinds

Incorporated in 1984, EFC (I) Limited is a real estate management company headquartered in Pune. The company provides managed office spaces for startups, small and medium-sized businesses, and large corporations.