SMARTWORKS · Smartworks Coworking Spaces Ltd · Real Estate Operations
SMARTWORKS · Smartworks Coworking Spaces Ltd · Real Estate Operations
As of 05 Nov close
52-week range
20.6% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹546 Cr
Revenue YoY
PAT YoY
+413.1%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
11.8
P/S (TTM)
3.1
Sector P/E
14.4
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| SMARTWORKS (this stock) | 195.9 | 11.8 | +1.4% | +5.3% | 9 | 0.0% |
| Prestige Estates Projects | 61 | 4.5 | +10.3% | +7.5% | 48.73 | +0.1% |
| Embassy Office Parks Reit | 54.6 | 2.1 | +20.3% | +4.3% | 83.5 | +5.6% |
| Nexus Select Trust | 62.2 | 1.9 | +15.7% | +3.0% | 45.44 | +5.5% |
Promoter
stable
FII
rising 1q
MF
3.02% (-0.13pp)
falling 1q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Smartworks Coworking Spaces Limited held its Q1 FY27 Earnings Conference Call on July 22, 2026, marking one year since its listing on the NSE and BSE. Management reported a 44% year-on-year increase in revenues to INR 546 crores and a 74% rise in normalized EBITDA to INR 107 crores. The company highlighted a strong operational area of 10.4 million square feet with a committed occupancy of 92% in mature centers. Management noted that 87% of FY27 revenue is already contracted, with a focus on expanding its client base, particularly in the GCC sector, which now contributes 21% of revenue. The company plans a capex of INR 550-600 crores for FY27, primarily for new centers and refurbishments. Management reaffirmed guidance for 28-30% revenue growth and EBITDA margins of 19-20%. The call concluded with management emphasizing their commitment to long-term growth and market leadership.
Management emphasized strong growth metrics and a solid operational strategy.
Sourced from an exchange-filed transcript, dated 28 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Smartworks Coworking Spaces Limited provided a transcript of its analyst meet held on April 30, 2026, discussing the audited financial results for the quarter and financial year ended March 31, 2026. The meeting was conducted via audio means and lasted from 4:00 PM to 5:05 PM IST. The transcript, which includes the company's standalone and consolidated financial statements along with the auditor's report, is available on the company's investor website. The document serves as a formal disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The document presented factual information regarding the analyst meet and financial disclosures.
Sourced from an exchange-filed transcript, dated 06 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Smartworks Coworking Spaces Limited provided an investor presentation detailing its business performance and market positioning. The document highlighted that India is projected to add another 1 billion square feet of office space in the next 10-15 years, with 70-80% of total flex demand driven by managed office solutions. Smartworks reported strong supply visibility, with approximately 15.3 million square feet in total area, and emphasized its strategic partnerships with institutional developers. The presentation noted that gross leasing in 2025 reached 90 million square feet, with a significant shift from traditional leases to flexible managed offices. Smartworks also reported a rental revenue of INR 472 crore for Q3 FY26, marking an 11% quarter-on-quarter increase and a 34% year-on-year increase. The company highlighted its focus on enterprise clients, which contribute around 90% of rental revenue, and its commitment to maintaining a diverse client portfolio across various sectors.
The presentation emphasized strong growth metrics and strategic advantages.
Sourced from an exchange-filed presentation, dated 12 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedSmartworks Coworking Spaces Limited reported strong operational growth in FY2025-26, with its portfolio crossing 10 million square feet and revenue increasing by approximately 31%. The company emphasized its focus on disciplined financial management, with normalized EBITDA growing by 75% and margins expanding to 17.5%. The report highlighted the company's strategic positioning in India's flexible workspace market, leveraging long-term leases and high-quality locations to secure supply and client relationships. Management expressed confidence in future growth, with guidance for FY2026-27 indicating continued expansion in revenue and margins.
- Smartworks achieved operational scale with a portfolio exceeding 10 million square feet, positioning itself as a leader in India's flexible workspace market.
- The company emphasized disciplined financial management, with normalized EBITDA growing significantly and margins expanding due to operational efficiency.
- Strategic focus on long-term leases and high-quality locations ensures supply security and strengthens client relationships, supporting future growth.
Key takeaway: Smartworks Coworking Spaces Limited has established a strong foundation through operational scale, financial discipline, and strategic positioning in India's growing flexible workspace market, supported by long-term leases and high-quality locations.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Default / Covenant Breach
1 occurrenceRecent (last 12 months)
The company has no undisputed statutory dues in arrears for more than six months as of March 31, 2026, but there are disputes pending for Goods and Services Tax and Income Tax for various periods, with the total demand amounts listed in millions.
Routine disclosures
Internal Control Weakness
1 occurrenceEarlier (1-3 years ago)
The auditor identified a significant deficiency in internal financial controls related to the audit trail for a specific period during the year.
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has contingent liabilities related to income tax matters (net of amount paid under protest) as of March 31, 2026 and March 31, 2025.
Earlier (1-3 years ago)
The company has contingent liabilities related to income tax and indirect tax matters, though specific amounts or details are not disclosed.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company approved related party transactions for availing consultancy services from Mr. Atul Gautam, a non-executive director, in AGM held on September 29, 2025.
Earlier (1-3 years ago)
The excerpt mentions materially significant related party transactions that may have potential conflict with the interests of the listed entity at large.