Smartworks Coworking Spaces Management Change
Smartworks Coworking Spaces appointed Dilip Deshmukh as Independent Director at its 11th AGM. Rajeev Agarwal's designation was upgraded from Additional to Non-Executive Independent Director.
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Smartworks Coworking Spaces appointed Dilip Deshmukh as Independent Director at its 11th AGM. Rajeev Agarwal's designation was upgraded from Additional to Non-Executive Independent Director.
Smartworks Coworking Spaces Limited held its 11th Annual General Meeting on September 22, 2026. The meeting covered financial adoption, director appointments, and other business items.
Smartworks Q1 FY27 revenue grew 44% YoY to INR 546 Cr with EBITDA margins expanding to 19.6%. Strategy focuses on scaling large-format managed campuses and GCC client acquisition.
Smartworks Q1FY27 shows strong scale with INR 5,462 Mn revenue (+44% YoY) and 19.6% EBITDA margin. Focus on enterprise clients and large-format campuses drives cash-compounding growth.
Smartworks Coworking Spaces Ltd reported revenue from operations of ₹546.2 Cr (+44.0% YoY) and net profit of ₹13.1 Cr for Q1 FY27.
Smartworks reported strong FY26 performance with Revenue at ₹17,958 Mn and Normalised EBITDA margin expanding to 17.5%. The company hit 10.1 Msf operational SBA.
Smartworks transitioned to a 'compounding phase' in Q3FY26, hitting record revenue and EBITDA while turning PAT positive under IndAS.
Smartworks achieved 24% YoY growth, reaching 16.1 Msf SBA and 10.1 Msf operational scale. Strategy focuses on enterprise-led demand (90% rental revenue) and high rental visibility with 89% mature occupancy.
Smartworks reported strong Q4FY26 performance, achieving ₹17,958 Mn annual revenue with a 17.5% normalized EBITDA margin, transitioning into a self-sustaining cash-compounding phase.
Smartworks Coworking Spaces Ltd reported revenue from operations of ₹519.7 Cr (+45.0% YoY) and net profit of ₹16.6 Cr for Q4 FY26.