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Earnings Call Transcript

Indiqube Spaces Earnings Call Transcript: Key Takeaways

IndiQube delivered a solid Q1 FY27 with revenue growing 37% YoY to ₹428 crores, driven by GCC expansion and high-margin value-added services which now contribute 17% of revenue.

Guidance and delivery
Management target Revenue FY27
Highlights
Revenue growth37% YoY growth to ₹428 Cr, record quarterly performance.
MarginsEBIT margins expanded to 13%; PAT margins rose to 8%.
Order book3.9 million sq. ft. signed but yet to turn rent-paying.
Demand visibilityStrong demand from Global Capability Centers and Indian conglomerates.
Management confidenceBalanced and bullish on GCC and enterprise demand segments.

Growth

Revenue grew 37% YoY; PAT surged 91% YoY. EBITDA margins held at 20% despite scaling.

Outlook

Guided to add 2 million sq. ft. annually. Value-added services (VAS) expected to grow further.

Risks

Expansion into Noida's large-format centers may face slower absorption. Increased debt for solar projects impacts interest costs.

Source

Earnings Call Transcript 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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