EFC closes FY26 with 58 percent revenue growth as its integrated REaaS model scales

FY26 consolidated revenue from operations was Rs 10,366.8 million, EBITDA was Rs 4,682.7 million, and PAT was Rs 2,346.6 million, as per the investor presentation and concall.

Q4 FY26 revenue was Rs 2,928.8 million versus Rs 2,110.1 million in Q4 FY25. Q4 FY26 EBITDA was Rs 1,435.7 million and PAT was Rs 688.6 million, per the consolidated P&L table.

FY26 segment revenue was Leasing Rs 5,356 million, Design and Build Rs 4,378 million, and Furniture Rs 632 million. The revenue mix chart shows 52% Leasing, 42% Design and Build, and 6% Furniture.

The presentation cited presence in 25 cities, average enterprise client tenure of 51 months, payback period of 18 to 20 months, and top 10 client revenue contribution of 24%.

Management indicated adding about 18,000 to 20,000 revenue-generating seats year-on-year in Leasing, around 40% growth in Design and Build, and over 50% growth in Furniture, during the May 29, 2026 concall.

Management said Design and Build and Furniture are working-capital intensive and the rights issue was to support working capital needs and act as seed/margin capital for raising additional funding, as discussed on the concall.

Management stated borrowings are primarily asset-backed (LRD/property backed) with interest rates around 7.5% to 7.75% and no immediate repayment pressure, as per the concall.