Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Awfis Space Solutions Earnings Call Transcript: Key Takeaways

Awfis reported 27% revenue growth for Q1 FY27, driven by strong GCC demand, but faced a major client exit (3,000 seats) that temporarily flattened occupancy and impacted near-term margins.

Guidance and delivery
Management target Revenue 25.0% FY27
Highlights
Revenue growthRevenue up 27% YoY; organic growth driven by GCC and enterprises.
MarginsNear-term pressure from client churn; recovery expected in Q4 FY27.
Demand visibilityStrong GCC pipeline; flex penetration rising toward 25% by 2027.
Management confidenceConfident, despite major client exit; focused on aggressive premiumization strategy.

Growth

Revenue grew 27% YoY to ₹425 crore; EBITDA up 28% to ₹162 crore.

Outlook

Full-year revenue guidance set at ₹1,100+ crore; targeting 22,000-25,000 gross seat additions for FY27.

Risks

Single client exit (3,000 seats) highlights concentration risk; timing gap in rental resets creates H1 margin pressure.

Last quarter's promises, checked

Delivered

  • Revenue growth guided 24% → delivered 27% (= BEAT)
  • EBITDA margin guided 36.8% → delivered 38% (= BEAT)
  • Net-cash position commitment → maintained net-cash (= BEAT)

Partly delivered

  • GCC revenue contribution guided 23% → delivered 24% (= PARTIAL)

Missed

  • Gross seat addition guided 30k → delivered 26k (= MISS)
Source

Earnings Call Transcript 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.

More from Awfis Space Solutions Ltd

All →
14:19 IST BSE
Capacity Expansion

Awfis Space Solutions Capacity Expansion

Awfis launched its 9th Elite centre in Aerocity, New Delhi, adding ~1,00,000 sq. ft. of premium workspace. This expands its premium portfolio to 37 centres across India.

workspace area
100000 sq. ft.
17:52 IST BSE
Annual General Meeting

Awfis Space Solutions Annual General Meeting

Awfis Space Solutions Limited held its 12th Annual General Meeting on September 21, 2026, to discuss and adopt financial statements and appoint directors.