| Management target | Revenue 30.0% FY27 |
|---|
| Revenue growth | 44% YoY, 5% QoQ |
|---|---|
| Margins | Fifth straight quarter of expansion to 19.6% |
| Order book | ~INR 54,000 Mn contracted rental revenue |
| Demand visibility | 87% of FY27 revenue already contracted |
| Management confidence | High; reaffirmed FY27 guidance |
Growth
Revenue grew 44% YoY; Normalised EBITDA surged 74% YoY to INR 1,069 Mn; Normalised PAT rose 197% YoY.
Outlook
FY27 guidance reaffirmed at 28–30% revenue growth and 19–20% EBITDA margin; targeting 12.5–13 Msf operational by March 2027.
Risks
Asset-liability mismatch monitoring; security deposits impact quarterly cash flow dips; sector dependency reducing but still present.
Last quarter's promises, checked
Delivered
- Guided 30%+ revenue growth → delivered 44% YoY (= BEAT)
- Guided 1 million sq.ft. new supply H2 FY26 → delivered 12.7 Msf footprint (= BEAT)
- Guided margin expansion from 16.4% → delivered 19.6% (= BEAT)
Partly delivered
- Guided GCC revenue to double in 2 years → 15% current share (= PARTIAL)
Investor Presentation filed with BSE, NSE: SMARTWORKS. Summary written with AI assistance from the document.
Smartworks Coworking Spaces Ltd: key numbers
- Share price
- ₹489.35
- Market cap
- ₹5,597 Cr
- Revenue (annual)
- ₹1,796 Cr
- Net profit (annual)
- ₹10.53 Cr
- P/E (TTM)
- 200.8×Sector 34.3×
- Promoter holding
- 58.32%+0.00% QoQ
- FII holding
- 0.28%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Smartworks Coworking Spaces Ltd
All →Smartworks Coworking Spaces Management Change
Smartworks Coworking Spaces appointed Dilip Deshmukh as Independent Director at its 11th AGM. Rajeev Agarwal's designation was upgraded from Additional to Non-Executive Independent Director.
Smartworks Coworking Spaces Annual General Meeting
Smartworks Coworking Spaces Limited held its 11th Annual General Meeting on September 22, 2026. The meeting covered financial adoption, director appointments, and other business items.
Smartworks Coworking Spaces Other Announcement
Smartworks Coworking Spaces Limited filed its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. This is a mandatory periodic regulatory disclosure.
Smartworks Coworking Spaces Annual General Meeting
Smartworks Coworking Spaces Limited has scheduled its 11th Annual General Meeting for September 22, 2026. The notice includes appointments of directors and approval for consultancy fees.
Smartworks Coworking Spaces Merger & Restructuring Worth ₹385.6 Cr
Smartworks Coworking Spaces will use its Securities Premium Account to write off accumulated losses of ₹385.62 Crore. This NCLT-sanctioned restructuring involves no capital reduction or cash outflow.
- Value
- ₹385.6 Cr
Smartworks Coworking Spaces Management Change
Smartworks Coworking Spaces Limited announced the recommendation to appoint Mr. Dilip Deshmukh and Mr. Rajeev Krishnamuralilal Agarwal as Non-Executive Independent Directors.