Slide 1: A unified platform for Space, Design, Furnishing
A unified platform for SPACE DESIGN FURNISHING EFC (I) LIMITED INVESTOR PRESENTATION Q1 FY27
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by EFC (I) Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any sec
Slide 3: Message from Chairman & MD
Message from Chairman & MD “FY’27 has begun on a positive note, with Q1 reflecting continued momentum across our platform. Our performance during the quarter was driven by disciplined execution, sustained enterprise demand and a sharper focus on profitable, capital-efficient growth. We operated acro
Slide 4: Q1 FY27 – Strong Execution Accelerating Growth Across Metrics
Q1 FY27 – Strong Execution Accelerating Growth Across Metrics CONSOLIDATED NUMBERS (Q1 FY27) Revenue EBITDA PAT ₹2,829 Mn ₹1,230 Mn ₹709 Mn 29% YoY (Q1 FY27) 20% YoY (Q1 FY27) 52% YoY (Q1 FY27) SEGMENTAL REVENUE (Q1 FY27) Leasing Design & Build Furniture ₹1,539 Mn ₹1,004 Mn ₹286 Mn 26% YoY ▲ 19% YoY
Slide 5: Diverse but specialized verticals offer a cohesive workspace solution
Diverse but specialized verticals offer a cohesive workspace solution OUR VALUE PROPOSITION: Built on three diverse, yet unified businesses to capture value across the commercial real estate lifecycle • Enterprise Workspace • Recurring Rental Income • Blend of large institutions, domestic & multinat
Slide 6: Platform Synergies Driving Superior Economics
Platform Synergies Driving Superior Economics Integrated platform delivering structural cost, execution and margin advantages Multiple Revenue Streams Diversified business verticals de-risk the portfolio and create a more resilient business. Backward Integration Integrated Platform In-house capabili
Slide 7: One Platform - Multiple Engines - Unified Value Creation
One Platform - Multiple Engines - Unified Value Creation Our Brand Ecosystem Building Value Through Iconic Brands Specializes in innovative, scalable office solutions for entrepreneurs, small to medium-sized enterprises (SMEs), and enterprise clients Excel in creating premium managed workspaces tail
Slide 8: A Leadership Team With Extensive Domain Knowledge
A Leadership Team With Extensive Domain Knowledge..... Umesh Sahay Abhishek Narbaria Chairman and MD Director Directo • First-generation entrepreneur r• Holds a Master’s degree in Computer Science • Brings 20+ years of experience • Technocrat entrepreneur with proven leadership • Expertise spans Rea
Slide 9: With Demonstrated Track Record
.......With Demonstrated Track Record...... Director Nikhil Bhuta Uday Vora Aman Gupta Whole Time Director Chief Financial Officer Company Secretary Directo r • Seasoned Company Secretary with 10+ years of • Qualified Chartered Accountant with 25+ • Over 15+ years in finance, specializing in financi
Slide 10: Strengthened By Independent Directors For Balanced Governance
....and Strengthened By Independent Directors For Balanced Governance And Future Readiness Rajesh Vaishnav Gayathri Iyer Mangina Srinivas Rao Independent Director Independent Director Independent Director Directo • 27+ years of entrepreneurial business • r Author, Chartered Accountant, Mentor, • Ass
Slide 11: Deep Enterprise Relationships Driving Revenue Visibility
Deep Enterprise Relationships Driving Revenue Visibility 11
Slide 12: Driving Value Across Our Integrated Platform
Driving Value Across Our Integrated Platform 12
Slide 13: Leasing: The Foundation Of Our REaaS Model
Leasing: The Foundation Of Our REaaS Model Enterprise Offices Managed Offices Customized Offices Customized, scalable, furnished office solutions with comprehensive management and premium amenities—ideal for enterprises seeking long-term efficiency, privacy, and control What we offer State-of-the-Ar
Slide 14: Leasing Platform: Sticky Enterprise Demand at Scale
Leasing Platform: Sticky Enterprise Demand at Scale A scalable, enterprise-focused platform delivering strong economics and long-term visibility DESIGNED FOR PRODUCTIVITY BUILT FOR ENTERPRISES SCALE WITH CONSISTENCY DELIVERING LONG-TERM VALUE 25 18:132 18–20 Months Cities Owned : Leased Centers Payb
Slide 15: Faster Turnaround Model Compresses Time-to-Revenue
Faster Turnaround Model Compresses Time-to-Revenue Faster turnaround time lets us begin monetizing during the rent-free fit-out window Average Client Lease Signed Ops Begin Rent-Free Ends Stabilized Client Tenure Tenure M0 M3 M5 M9 M48 M60 60% → 90% occupancy Ramp continues 5-yr lease executed Infra
Slide 16: Revenue Visibility | Seat Expansion Across Multiple Sectors
Revenue Visibility | Seat Expansion Across Multiple Sectors Consistent seat additions and inventory expansion driving higher revenue visibility and long-term sustainable growth. OPERATIONAL SCALE UP Consistent seat expansion across the last five quarters Expanding capacity driving revenue growth ref
Slide 17: Revenue Visibility Supported by a Diversified Client Base
Revenue Visibility Supported by a Diversified Client Base Long-Tenure Client relationships and broad sector exposure provide resilient and predictable revenue streams. MULTI SECTOR PORTFOLIO REVENUE STABILITY Long-tenure relationships reducing concentration risk DIVERSIFIED SECTOR MIX % of Rental Re
Slide 18: Our Workspace Solutions – Regionally Diversified Business
Our Workspace Solutions – Regionally Diversified Business Driving Growth Through Nationwide Reach and Sector Diversity Zone – Wise Breakup West North North SasNagar, Mohali 57,350 87 12,596 20 Delhi Ghaziabad 68% 15% New Delhi Noida Gurgaon East Guwahati South East Patna Jodhpur Ahmedabad 10 Vadodar
Slide 19: Sustainable Strategic Ownership & Asset Management Model
Sustainable Strategic Ownership & Asset Management Model Sprint, Marisoft Wakdewadi IT Park 49,570 81,300 Sq feet Sq feet Total Owned Area 279,460 Sq feet Sprint Towers Konark Alpha 1,22,090 26,500 Sq feet Sq feet OWNERSHIP MODEL ASSET MANAGEMENT MODEL Deploys balance sheet Enhances creditability En
Slide 20: Case Study: Asset Monetization Model
Case Study: Asset Monetization Model Converting an asset into Grade A micro-market into a stabilized, income-generating asset ASSET LIFE TIMELINE 1 Mar '25 2 Jul '25 3 Jul '25 – Jun '26 4 Jul '26 Acquired — 26,000 sq ft — for ₹25.86 Cr Infrastructure ready; rental income begins at Stabilized operati
Slide 21: Three Value Streams, One Integrated Asset
…Three Value Streams, One Integrated Asset Returns compound from operating income, real estate appreciation, and a premium valuation Gross Rental Income CAPITAL APPRECIATION PREMIUM VALUATION ~₹5.25 Cr ~₹10 Cr ~30% IRR Gross Rental yield of 18% in the first 12 revenue Property value grew ~39% in 16
Slide 22: Our Service Offerings
Our Service Offerings Spacious Seat Space Various sizes conference rooms 22 Cafeteria Dedicated Spaces
Slide 23: Our Service Offerings
Our Service Offerings Internet / Security & Car Parking Conference Phone WiFi Management Services Rooms Booth Discussion Space Collaboration Space F&B Client ESG Collaboration Training Services Services Compliance Area Rooms Discussion Space Amphitheatre Smart Doctor’s / Natural Light Meeting Daycar
Slide 24: Design & Build: Enhances Cross-Selling Opportunities
Design & Build: Enhances Cross-Selling Opportunities 2,280 Mn. Order Book 5.91 Mn Sq. feet Designed Offer end-to-end interior 85+ Designers solutions—from concept & Engineers Real Estate, IT/ITES, to execution and creating 20+ Pharmaceutical, Energy office spaces that are both Locations aestheticall
Slide 25: Furniture Manufacturing: Driving Premium Furniture Solutions
Furniture Manufacturing: Driving Premium Furniture Solutions Specializes in both custom and ready-made high-quality furniture for diverse sectors including office and commercial spaces Emphasis on thoughtful design, craftsmanship, and durability to exceed industry standards in both quality and aesth
Slide 26: Manufacturing Excellence Enabling Luxury Craftsmanship At Scale
Manufacturing Excellence Enabling Luxury Craftsmanship At Scale A scalable, enterprise-focused platform delivering strong economics and long-term visibility CRAFTED FOR EFFICIENCY ENGINEERED FOR ENTERPRISES SCALING WITH PRECISION Real estate, Co-living, 2200+ +53 Cr +75K Hospitality, IT, ITES, Numbe
Slide 27: Financial Highlights
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Slide 28: Q1 FY27 Financial Performance
Q1 FY27 Financial Performance Q1 FY27 – EBITDA growth and PAT growth (In %) Revenue (Rs. Mn) EBITDA (Rs. Mn) EBIT (Rs. Mn) 29% 20% 44% 2829 1230 1117 2196 1022 776 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 PAT (Rs. Mn) PAT Margin (%) 52% 709 25% 467 21% Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 28
Slide 29: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (₹ Million) Q1 FY27 Q1 FY26 Y-o-Y Q4 FY26 Q-o-Q FY26 FY25 Y-o-Y Revenue from Operations 2828.79 2196.21 29% 2928.8 -3% 10366.8 6567.4 58% Cost of Material Consumed 27.28 277.4 277.4 232.5 Cost of Services 938.42 818.21 522.0 3809.8 2118.7 Purchases of
Slide 30: Evolving Revenue Mix Across Verticals: FY24 to FY26
Evolving Revenue Mix Across Verticals: FY24 to FY26 Revenue by vertical FY24 FY25 FY26 3% 11% 6% 40% 27% 42% 52% 57% 62% Leasing Design & Build Furniture 30
Slide 31: Historical Profit & Loss Statements
Historical Profit & Loss Statements Particulars (₹ Million) FY26 FY25 FY24 Revenue from Operations 10366.8 6567.4 4,194.6 Cost of Material Consumed 277.4 232.5 Cost of Services 3809.8 2118.7 1,038.9 Purchases of stock-in-trade 381.7 Changes in Inventories and Finished goods -329.1 -18.0 827.7 Employ
Slide 32: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (₹ Million) FY26 FY25 FY24 Particulars (₹ Million) FY26 FY25 FY24 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 3,220.4 2,407.3 823.9 Equity Share capital 274.6 199.1 99.6 Right-of-use assets 3,790.6 4,075.7 2,
Slide 33: Historical Consolidated Cash Flow Statements
Historical Consolidated Cash Flow Statements Particulars (₹ Million) FY26 FY25 FY24 Cash Flow from Operating Activities Profit before Tax 3,089.2 1,998.4 809.7 Adjustment for Non-Operating Items -841.2 114.2 -638.1 Operating Profit before Working Capital Changes 2,247.9 1,884.2 1,447.8 Changes in Wo
Slide 34: Industry View: Occupiers Are Buying Ecosystems, Not Just Space
Industry View: Occupiers Are Buying Ecosystems, Not Just Space 1 GCCs Are Redefining The Brief 2 Flex & Managed Space Goes Mainstream Global capability centres now expect integrated, tech-enabled, sustainable By 2030, flexible workspace is expected to shift from an alternative option to a ecosystems
Slide 35: GCCs: India's Primary Office Demand Engine
GCCs: India's Primary Office Demand Engine Global Capability Centre leasing momentum — Q2 & H1 2026 ~10.3 mn sq ft 42% ~19.6 mn sq ft 62% H1 2026 GCC absorption, up 17% Share of Fortune 500 leasing driven GCC leasing in Q2 2026 Share of total office leasing, Q2 2026 Y-o-Y by GCCs Share of GCC Leasin
Slide 36: Flex & Managed Space Goes Mainstream
Flex & Managed Space Goes Mainstream Flexible workspace has moved from an alternative option to a core pillar of India's office demand 27% 24% | 11.4 mn sq ft 45% Share of H1 2026 leasing across India's top 8 Share of Q2 2026 office leasing — the 2nd-largest Share of Delhi-NCR's Q2 2026 absorption —
Slide 37: Rise of Experience – Led Workspaces
Rise of Experience – Led Workspaces Occupiers are underwriting wellness, sustainability and hospitality-grade design alongside location and rent 91% 73% 77% Share of Grade-A assets in total H1 2026 leasing Share of GCC leasing concentrated in green- Share of GCC leasing in buildings less than 10 acr
Slide 38: Infrastructure Unlocks New Micro-Markets
Infrastructure Unlocks New Micro-Markets Metro and airport connectivity is pulling demand beyond traditional CBDs into emerging growth corridors 100 mn sq. ft. Pune becomes India's newest office market to cross the 100-million-sq.-ft. mark, powered by connectivity-led development. (CBRE, Q2 2026) Ne
Slide 39: India Institution Interior Fitout Market
India Institution Interior Fitout Market Market Sizing by End User & Key Impact Factors, 2026 % Market Share by End User Impact Analysis of Key Factors 14% DRIVERS 29 % Hospitality Rising institutional capex in healthcare & education 14 % Corporate Offices Public Infrastructure Growing preference fo
Slide 40: India Furniture Market
India Furniture Market Key Drivers Impacting CAGR Forecast - Demand drivers, geographic relevance, and expected impact timeline Market Size (USD Billion) (–) % Impact Driver on CAGR Geographic Relevance Impact Timeline Forecast USD 45.52 B Rapid urban National, concentrated in tier-II cities such as
Slide 41: ESG Roadmap
® 4e—C roeseoanineney ESG Roadmap
Slide 42: ESG Framework & Roadmap
ESG Framework & Roadmap EFC(I) Limited delivers functional, sustainable workspaces by embedding ESG principles into its core strategy, aligning financial growth with environmental stewardship and social responsibility Current Progress Future Goals Structured ESG integration initiated through BRSR-al
Slide 43: Company and Investor Relations Advisors
COMPANY : EFC (I) Limited CIN: L74110PN1984PLC216407 Mr. Aman Gupta Company Secretary E-mail: compliance@efclimited.in Website: www.efclimited.in INVESTOR RELATIONS ADVISORS : MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services Ms. Nidhi V