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Financial Results · Q1 FY27

Smartworks Coworking Spaces Q1 FY27 Results: Turns Profitable, Net Profit ₹13.1 Cr

Smartworks Coworking Spaces Ltd reported revenue from operations of ₹546.2 Cr (+44.0% YoY) and net profit of ₹13.1 Cr for Q1 FY27.

Q1 FY27 at a glance · ₹ crore
MetricQ1 FY27Q4 FY26Q1 FY26
Revenue from operations546.2519.7379.2
Other income13.413.08.8
Total income559.7532.7388.0
Profit before exceptional items & tax17.622.2-5.6
Profit before tax17.622.2-5.6
Net profit13.116.6-4.2
Operating margin3.1%4.2%-1.4%

A dash means the filing did not report that period; n/m means not meaningful (margin on near-zero revenue). Growth is not shown when either period was a loss. Operating profit excludes other income.

Growth
Net profit, quarter on quarter-21.10%
Revenue, year on year+44.00%
Operating profit, year on year+97.70%
Operating profit, quarter on quarter-108.30%
Source

BSE results filing, NSE: SMARTWORKS. Figures extracted from the filing.

Read the filing ↗

Smartworks Coworking Spaces Ltd: key numbers

Share price
₹494.40
Market cap
₹5,655 Cr
Revenue (annual)
₹1,796 Cr
Net profit (annual)
₹10.53 Cr
P/E (TTM)
202.9×Sector 34.2×
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.

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11:28 IST NSE
Management Change

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.

23:19 IST NSE
Annual General Meeting

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.

16:43 IST BSE
Other Announcement

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.

15:44 IST BSE
Annual General Meeting

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.

18:35 IST NSE
Merger & Restructuring

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
18:35 IST BSE
Management Change

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.