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Earnings Call

Awfis Space Solutions Earnings Call: Key Takeaways

Awfis reported 20% YoY revenue growth in Q3 FY26, driven by co-working expansion and strong enterprise demand. Strategy focuses on high-margin managed aggregation and GCC clients.

Why this was an Alfa AlertNot a filter event. Management revised seat guidance downward from 40k to 32k-33k; results were in line with updated guidance.
Highlights
Revenue growth20% YoY for Q3; 25% YoY for 9M FY26.
MarginsEBITDA margins expanded 270bps to 36.5% due to scale efficiency.
Order bookThird-party pipeline of 9 lakh sq ft (₹200cr revenue opportunity).
Demand visibilityPipeline of 11 new centers and 15k new seat contracts signed.
Management confidenceStrong confidence in GCC demand and asset-light managed aggregation model.

Growth

Revenue rose 20% to ₹382cr; EBITDA grew 30% to ₹139cr with 270bps margin expansion to 36.5%.

Outlook

FY26 seat guidance revised to 32k-33k. FY26 CAPEX guided at ₹200-210cr. Targeting 166k operational seats by March 2026.

Risks

Transform segment revenue dipped due to GRAP-IV pollution norms and project deferrals. Occupancy churn in mature centers.

Source

Earnings Call filed with NSE, NSE: AWFIS. Summary written with AI assistance from the document.

Read the document ↗

Awfis Space Solutions Ltd: key numbers

Share price
₹257.20
Market cap
₹1,841 Cr
Revenue (annual)
₹1,493 Cr
Net profit (annual)
₹70.85 Cr
P/E (TTM)
21.7×Sector 37.2×
Promoter holding
17.00%+0.00% QoQ
FII holding
26.92%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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workspace area
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