| Revenue growth | Normalised revenue +26% YoY Q2; +30% H1. |
|---|---|
| Margins | Cash EBITDA margin 10.8% vs 9.4% YoY; reported EBITDA 39.6%. |
| Order book | Transform order book + advanced pipeline ₹220 Cr. |
| Demand visibility | 25K+ seats sold H1; demand building ahead of capacity. |
| Management confidence | Management confident strategy delivering desired results. |
Growth
Reported revenue ₹439 Cr (+20%); reported PAT ₹31 Cr (+93%). H1 PAT ₹55 Cr (+111%). Co-working +31% YoY Q2.
Outlook
FY27 Cash EBITDA target ₹190–200 Cr implies H2 ₹97–107 Cr vs H1 ₹93 Cr. Gold/Elite centres at 39.
Risks
Blended occupancy 76.2% leaves seat-fill risk; Transform growth slowed to 8% YoY in Q2.
Last quarter's promises, checked
Delivered
- Co-working +23–25% FY27 → Q2 +31% (= BEAT)
Partly delivered
- FY27 Cash EBITDA ₹190–200 Cr → H1 ₹93 Cr; H2 needs ₹97–107 Cr (= PARTIAL)
- Premium pricing +30–50% → new seats ~35% (= PARTIAL, low end)
- FY27 revenue >₹1,800 Cr → H1 normalised ₹888 Cr (= PARTIAL)
Missed
- Transform ~20% FY27 → Q2 +8% (= MISS)
- Occupancy recovery → blended 76.2%, flat (= MISS)
Investor Presentation filed with BSE, NSE: AWFIS. Summary written with AI assistance from the document.
Awfis Space Solutions Ltd: key numbers
- Share price
- ₹241.20
- Market cap
- ₹1,726 Cr
- Revenue (annual)
- ₹1,493 Cr
- Net profit (annual)
- ₹70.85 Cr
- P/E (TTM)
- 20.4×Sector 35.2×
- Promoter holding
- 17.00%+0.00% QoQ
- FII holding
- 25.37%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Awfis Space Solutions Ltd
All →Awfis Space Solutions Management Change
AWFIS Space Solutions accepted Shweta Gupta's resignation as Company Secretary and Compliance Officer, effective November 10, 2026. Juhi Garg is appointed to the same role, effective November 11, 2026.
Awfis Space Solutions Results Update
Awfis reported Q2 FY27 normalised revenue up 26% to Rs 451 Crore; cash EBITDA rose 45% to Rs 49 Crore. Strong co-working and GCC demand drove growth.
Awfis Space Solutions Q2 FY27 Results: Net Profit ₹30.8 Cr, Up 92.5% YoY
Awfis Space Solutions Ltd reported revenue from operations of ₹438.7 Cr (+19.6% YoY) and net profit of ₹30.8 Cr (+92.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹30.8 Cr · +92.5% YoY
Awfis Space Solutions Employee Stock Options
Awfis NRC approved 3,116 ESOPs at ₹168.99 exercise price under its 2024 scheme. Vesting is 25% annually over four years.
Awfis Space Solutions Capacity Expansion
Awfis launched ~1,45,000 sq. ft. of premium workspaces across Pune, Bengaluru, and Mumbai. The expansion deepens its Grade A+ footprint in key metro cities.
- chargeable workspace area
- 145000 sq. ft.
Awfis Space Solutions Board Meeting Date
Awfis Space Solutions has scheduled a Board Meeting for November 3, 2026. The Board will approve Q1 and H1 FY27 unaudited financial results.