This Multibagger company, which has business in real estate services, is in focus after it received a turnkey contract order worth Rs. 183 Crore from an Indian Multinational.
Share Price Movement
With a market capitalization of Rs. 2,937 Crore, the stock of EFC (I) opened at Rs. 299.10, around the same level as yesterday’s close, and after opening, it made a high of Rs. 302, up 0.76 percent. Additionally, the Yearly return for the stock is 55 percent, and the past 5-year return is an impressive 4,800 percent.
New Contract Update
The company announced that its wholly-owned subsidiary EFC Limited has received a landmark interior Turnkey contract worth Rs. 183 Crore from a leading Indian MNC
In a turnkey contract, the company is responsible for planning, designing, building, and equipping a project for a client so that the facility received by the client is a fully functional and ready-to-use facility.
Also read: Aimtron Electronics in focus after receiving ₹128 Cr order for Turnkey project from domestic entity
Financial Highlights
The company reported a 2.90 percent YoY increase in revenue from Rs. 172 Crore in Q3FY24 to Rs. 177 Crore in Q3FY25. On a QoQ basis, the company reported an increase of 6.62 percent in revenue from Rs. 166 Crore in the previous quarter.
Their Net profit saw an increase of 90.47 percent YoY from Rs. 21 Crore to Rs. 40 Crore for the same period. On a QoQ basis, the company reported an increase of 8.10 percent in Net profit from Rs. 37 Crore in the previous quarter.
About the Company
EFC (I) Limited is a Pune-based public company primarily engaged in providing flexible workspace solutions, real estate leasing, and interior turnkey fit-out services. Originally incorporated in 1984 and formerly known as Amani Trading and Exports Limited, the company has evolved into a modern workspace and infrastructure solutions provider.
Written By Abhishek Das
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