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Earnings Call

Indiqube Spaces Earnings Call: Key Takeaways

IndiQube reported a strong Q3 FY26 with 45% YoY revenue growth and significant PAT expansion, despite a notional Ind AS loss. The core business remains robust with high recurring revenues and improved leverage.

Why this was an Alfa AlertNot a filter event. Results are record-breaking but no explicit prior guidance range was provided to verify a 5% beat.
Highlights
Revenue growth45% YoY revenue growth, largely recurring (94%).
MarginsHealthy EBITDA margin of 21% in Q3 FY26.
Demand visibilityStrong; expanded into 3 new cities and added 21 centers.
Management confidenceHigh; emphasizing operational strength over accounting adjustments.

Growth

Revenue grew 45% YoY to ₹395 Cr; IGAAP PAT rose 214% YoY to ₹40 Cr. 9M growth tracks at 37%.

Outlook

Entering Q4 with 21% EBITDA margin target and 9.55 Mn sq. ft. area under management.

Risks

Substantial variance between Ind AS reporting (loss) and IGAAP-equivalent financials due to ROU asset accounting.

Source

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

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Indiqube Spaces Ltd: key numbers

Share price
₹198.94
Market cap
₹4,217 Cr
Revenue (annual)
₹1,451 Cr
Net profit (annual)
₹-106.3 Cr
P/E (TTM)
-45.1×Sector 37.2×
Promoter holding
60.11%+0.01% QoQ
FII holding
2.16%Current quarter

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

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Value
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