| Management target | Revenue 29.0% FY27 |
|---|
| Revenue growth | 44% YoY, 5% QoQ |
|---|---|
| Margins | EBITDA margin up to 19.6% from 16.2% YoY |
| Order book | INR 5,400 Cr committed contracted revenue |
| Demand visibility | Strong; 3.5M sq. ft. signed/under construction |
| Management confidence | High; 87% of FY27 revenue already contracted |
Growth
Revenue rose 44% YoY; normalized PAT nearly tripled to INR 39 Cr. Normalized EBITDA up 74% YoY to INR 107 Cr.
Outlook
Guided 28-30% FY27 revenue growth; targeting 13M+ sq. ft. by March 2027; FY27 capex INR 550-600 Cr.
Risks
Slight OCF decline due to INR 33 Cr security deposits; potential short-term occupancy volatility from rapid expansion.
Last quarter's promises, checked
Delivered
- Guided 30%+ revenue growth → delivered 44% YoY (= BEAT)
- Targeted 12M+ sq. ft. mature center scale → delivered 12.7M sq. ft. portfolio (= BEAT)
- Guided doubling GCC revenue share → delivered 21% from 15% YoY (= BEAT)
Partly delivered
- Guided 23-24% center-level EBITDA → delivered 19.6% corporate EBITDA (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: SMARTWORKS. Summary written with AI assistance from the document.
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.
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.