Efc (i) Ltd. · NSE:EFCIL
Efc (i) — Q4 FY2024 Earnings Presentation
40 slides from Efc (i)'s earnings presentation, Jun 12, 2024
Slide 1: Intimation to BSE: Analyst/Investor Conference Call
June 12, 2024 To BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 Scrip Code: 512008 Sub.: Analyst/Investor Conference Call – Audio Recording. Dear Sir/Ma’am, Pursuant to Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirement
Slide 2: EFC (I) Limited Enterprise Facilitation Centre
ENTERPRISE EFC (I) LIMITED FACILITATION CENTRE 1
Slide 3: EFC Snapshot
EFC Snapshot 7 1.9 million + 50 25,000 to 30,000 Cities AUM in sq. ft. Sites under Management Avg Sq. Ft. per Site 40,000 6,250 35 : 1 2 YEARS Seating Capacities Avg Rent per Seat Sq. Ft. to Seat Ratio Avg Lease Period 3 TO 5 YEARS 5 YEARS (plus) 40 : 100 25 : 100 Large Enterprise Lease Period Landl
Slide 4: Q4 FY2024 – EFC (I) Key Achievements
Q4 FY2024 – EFC (I) Key Achievements • Incorporated Ek Design Industries Limited as a subsidiary for Furniture Manufacturing Venture. • Incorporation of EFC REIT Private Limited as a step-down subsidiary for REIT. • Incorporation of EFC Investment Manager Private Limited as WOS for AIF. • Incorporat
Slide 5: EFC Consolidated Financials for Quarter 4 - FY 2024
EFC Consolidated Financials for Quarter 4 - FY 2024 www.efclimited.in
Slide 6: Consolidated Financials Q4 FY23 vs Q4 FY24
EFC I Ltd – Consolidated Financials (In Lacs) Q4 FY 23 vs Q4 FY 24 18000.00 16000.00 14000.00 12000.00 9,911 10000.00 8000.00 6,075 5,823 6000.00 4000.00 3,554 3,200 2,794 2000.00 1,355 915 0.00 Sales EBITDA PBT PAT www.efclimited.in
Slide 7: Segment-wise Revenue for Q4 FY24
EFC I Ltd – Consolidated Financials (In Lacs) Segment-wise Revenue for Q4 FY 24 12000 9,911 10000 8000 6,995 6000 4000 2,324 2000 592 0 Revenue Total Rental Fit Out Contracts Other www.efclimited.in
Slide 8: Consolidated Financials FY23 vs FY24
EFC I Ltd – Consolidated Financials FY 23 vs FY 24 (In Lacs) 50000.00 45000.00 42,878 40000.00 35000.00 30000.00 25000.00 19,192 20000.00 15000.00 10,406 10000.00 8,097 5,626 6,317 5000.00 719 386 0.00 Sales EBITDA PBT PAT www.efclimited.in
Slide 9: Capacity vs Billed Seats vs Inventory
EFC (I) Ltd – Total as on 31.03.2024 (Q4) Capacity vs Billed Seats vs Inventory 50000 45000 41139 40000 36539 33829 35000 30000 25000 20000 15000 10000 4600 5000 2710 0 Capacity Capacity under Development 41139 Capacity Operational 36539 Billed Seats 33829 Seats under Development 4600 Inventory 2710
Slide 10: FY24 Quarter on Quarter Snapshot
EFC (I) Ltd – FY 24 (Consolidated) – In Lacs / Nos Quarter on Quarter Snapshot 40000 35000 33,829 30560 30000 27100 25000 23900 20000 17369 15000 9893 9,911 10000 5704 5000 2,794 2117 5704 1107 0 Billed Seats Revenue (In Lacs) PAT (In Lacs) Q1 23900 5704 318 Q2 27100 9893 1107 Q3 30560 17369 2117 Q4
Slide 11: EFC Group Companies
EFC Group Companies www.efclimited.in
Slide 12: Business Verticals
Business Verticals Leasing of Space Interior Design and Manufacturing/Trading and Assets Interior Fit-Outs of Furniture www.efclimited.in
Slide 13: www.efclimited.in
www.efclimited.in
Slide 14: Space-as-a-Service
Space-as-a-Service Co-working spaces are emerging as preferred choice among Freelancers, Startups, SMEs & even MNCs, for its Flexibility & Networking benefits. www.efclimited.in
Slide 15: The Need Of The Hour
The Need Of The Hour Managed Office is not about arranging few rows of desks in an empty room. It is much more than just a real estate play It is about people working together, giving advices, building networks, mentorships, raising investments & unexpected encounters Offering these is not easy even
Slide 16: Why is India moving towards co-working?
Why is India moving towards co-working? Source : India’s Flex Space Market– FY 2023 – JLL Research www.efclimited.in
Slide 17: Flexible Workspace Segment - India Level
Flexible Workspace Segment - India Level • The major share of commercial supply witnessed in India has been in Tier 1 cities, i.e., Bengaluru, Delhi, Gurgaon, Noida, Mumbai, Hyderabad, Chennai, Pune, and Kolkata. • With a total quantum of approx. 832 million sq. ft., all the MNCs and major sectors s
Slide 18: Leasing Trends - Gross Leasing Activity
LEASING TRENDS - Gross Leasing Activity www.efclimited.in
Slide 19: Leasing Trends – Nett Absorption
LEASING TRENDS – Nett Absorption www.efclimited.in
Slide 20: Increasing Demand by Global Capability Centre
Increasing Demand by Global Capability Centre • Leasing by Global Capability Centre (GCC) increased by ~17% year- on-year in FY 2023-24, compared to FY 2022-23 according to a recent report by CBRE South Asia. • The leasing by GCCs in the country stood at 22.5 million sq. ft. in FY24 as to 19.2 milli
Slide 21: GCC’s Contribution to Office Market
GCC’s Contribution to Office Market www.efclimited.in
Slide 22: Flexible Spaces: Way Forward
Flexible Spaces: Way Forward www.efclimited.in
Slide 23: www.efclimited.in
www.efclimited.in
Slide 24: Commercial Interior Design Business - Indian Market Update
Commercial Interior Design Business - Indian Market Update • In India’s competitive workspace interior market, traditional providers have long dominated the landscape, often requiring a substantial investment of time and resources for clients to achieve their desired results. • Many of these establi
Slide 25: Future of Interior Designing in India
Future of Interior Designing in India The Interior design market in India is set to grow to USD 52.84 Billion by 2029 as per Market Research www.efclimited.in
Slide 26: Global Outlook on Interior Fit-out Business
Global Outlook on Interior Fit-out Business • The global interior fit out market size is estimated at US$ 58.91 Billion in 2023 and is expected to reach US$ 100.31 Billion by 2030, grow at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030. • Asia Pacific, with 35% global market share, i
Slide 27: Our Strengths
Our Strengths www.efclimited.in
Slide 28: Our Process
Our Process www.efclimited.in
Slide 29: www.efclimited.in
www.efclimited.in
Slide 30: Client: Alfa Laval, Pune
Client Name: Alfa Laval Location: Pune (Maharashtra) Services: Design & build fit-out works for the 3D presentation Interior turnkey project for an MNC spanning 200 workstations, 7 Cabins, 3 10-Seater Conference rooms, 4 Pods, Breakout and pantry area along with Reception and work lounge. www.efclim
Slide 31: Client: Tech Mahindra, Pune
Client Name: Tech Mahindra Location: Pune (Maharashtra) Services: Design & build with fit-out works This turnkey office project consists of 700 Workstations, 10 Cabins, 4 M.D Cabins, 125-Seater Training rooms, 3 Board Rooms, 50 Seater Cafeteria, 2 Locker rooms, Reception area and lounge. www.efclimi
Slide 32: Client: Shorewise Pvt. Ltd, Pune
Client Name: Shorewise pvt. Ltd Location: Pune (Maharashtra) Carpet Area: 15,000 Sq. Feet Services: Design & Build fit-out works. This enterprise office project consists of 300 workstations, 20 managers cabins, 2 photoshoot rooms, 1 board rooms, 1 conference room 50 seater cafeteria, reception area
Slide 33: Client: Yulu Bike India Limited, Mumbai
Client Name: YULU BIKE INDIA LIMITED Location: Mumbai (Maharashtra) Services: Design & build fit-out with 3D presentation and animation. This project of managed office space consist of multiple suits which includes 600 workstations in total, 20 MD Cabins, 1 Board room 2, Conference Rooms and 2 Meeti
Slide 34: Bajaj Allianz – Pune office
Bajaj Allianz – Pune office www.efclimited.in
Slide 35: Client: Progenesis Fertility Center, Nashik
Client Name: Progenesis Fertility Center Location: Nashik (Maharashtra) Services: Design & build fit-out works with 3D presentation & animation. This project consists of an Reception with waiting area, Pre consultation room, Embryology lab, Record room, 20 bed IPD facility, Nurse Change rooms, 4 Doc
Slide 36: Client: EFC India Limited, Pune
Client Name: EFC India Limited Location: Pune (Maharashtra) Services: Design & built fit-out works for the Amari Hotel extension 3D presentation and animation. The project consists of building (G+3) including 50 serviced suites, 10 cabin spaces, 5 enterprise office space including, reception & waiti
Slide 37: www.efclimited.in
www.efclimited.in
Slide 38: Market Overview – Furniture Manufacturing / Trading Biz
Market Overview – Furniture Manufacturing / Trading Biz • In 2024, the Furniture market in India is projected to generate a revenue of INR 5.48 bn. • This market is expected to grow at a compound annual growth rate (CAGR) of 6.42% from 2024 to 2029. • The largest segment within this market is the Ho
Slide 39: Market Overview – Furniture Manufacturing / Trading Biz
Market Overview – Furniture Manufacturing / Trading Biz • India is the 5th largest producer and 4th largest consumer of furniture globally. • India has recently concluded partnerships with Australia and UAE for Zero Duty Import of Furniture to those Countries. • Key Reasons to invest in this Sector:
Slide 40: www.efclimited.in
® AGC Real Estate as a Service Company www.efclimited.in