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Investor Presentation

Indiqube Spaces Investor Presentation: Key Takeaways

Indiqube delivered its highest quarterly revenue of INR428 Cr in Q1 FY27, driven by strong GCC demand and a 'follow the talent' expansion strategy.

Highlights
Revenue growth37% YoY growth in Q1 FY27.
MarginsEBITDA 20%, PAT margin expanded to 8% from 6%.
Order book3.9 million sq ft / 97,000 seats signed.
Demand visibilityStrong visibility with 3.9 million sq ft signed headroom.
Management confidenceHigh, citing strong demand and expansion headroom.

Growth

Revenue grew 37% YoY to INR428 Cr; PAT jumped 91% to INR35 Cr; EBITDA increased 34% to INR87 Cr.

Outlook

Targeting 2 million sq ft annual addition; solar capex of INR100-120 Cr; VAS expected to reach 20% revenue share.

Risks

Bangalore concentration at 60%; potential supply-demand mismatch in certain micro-markets; rising debt for solar investments.

Last quarter's promises, checked

Delivered

  • Guided 30% revenue growth → delivered 37% (= BEAT)
  • Guided 18-21% EBITDA margin → delivered 20% (= BEAT)
  • Guided 1.5-2M sq ft annual addition → delivered 1.6M sq ft (= BEAT)

Partly delivered

  • Guided 8-10% PAT margin → delivered 8% (= PARTIAL)

Missed

  • Guided INR 360 Cr Capex → delivered INR 413 Cr (= MISS)
Source

Investor Presentation filed with BSE, 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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