DEV ACCELERATOR LIMITED

In the earnings conference call held on August 13, 2026, management reported that Dev Accelerator Limited's consolidated revenue for Q1 FY27 was INR 53.8 crores, with standalone revenue from core workspace operations increasing by 7.8% year-on-year to INR 42 crores. The consolidated EBITDA rose by 14.7% to INR 30.3 crores, with an EBITDA margin improvement to 56.3%. Management highlighted a significant operational expansion, with an operational portfolio of 1.13 million square feet and an occupancy rate of 91.93%. The enterprise client segment contributed approximately 70% of revenue, up from 52% in the previous year. Management also discussed recent fundraising efforts, raising INR 100 crores through secured debt, and emphasized a disciplined approach to expansion and capital structure management. The call concluded with management expressing confidence in the company's growth trajectory and operational strategy.

Management emphasized growth and operational expansion throughout the discussion.