ALFA Finder| Management target | Revenue 29.0% FY27 |
|---|
| Revenue growth | 44% YoY, 5% QoQ |
|---|---|
| Margins | EBITDA margin up to 19.6% from 16.2% YoY |
| Order book | INR 5,400 Cr committed contracted revenue |
| Demand visibility | Strong; 3.5M sq. ft. signed/under construction |
| Management confidence | High; 87% of FY27 revenue already contracted |
Growth
Revenue rose 44% YoY; normalized PAT nearly tripled to INR 39 Cr. Normalized EBITDA up 74% YoY to INR 107 Cr.
Outlook
Guided 28-30% FY27 revenue growth; targeting 13M+ sq. ft. by March 2027; FY27 capex INR 550-600 Cr.
Risks
Slight OCF decline due to INR 33 Cr security deposits; potential short-term occupancy volatility from rapid expansion.
Last quarter's promises, checked
Delivered
- Guided 30%+ revenue growth → delivered 44% YoY (= BEAT)
- Targeted 12M+ sq. ft. mature center scale → delivered 12.7M sq. ft. portfolio (= BEAT)
- Guided doubling GCC revenue share → delivered 21% from 15% YoY (= BEAT)
Partly delivered
- Guided 23-24% center-level EBITDA → delivered 19.6% corporate EBITDA (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: SMARTWORKS. Summary written with AI assistance from the document.
Smartworks Coworking Spaces Ltd: key numbers
- Share price
- ₹510.00
- Market cap
- ₹5,833 Cr
- Revenue (annual)
- ₹1,796 Cr
- Net profit (annual)
- ₹10.53 Cr
- P/E (TTM)
- 103.0×Sector 35.3×
- Promoter holding
- 58.26%-0.06% QoQ
- FII holding
- 0.36%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Smartworks Coworking Spaces Ltd
All →Smartworks Coworking Spaces Earnings Call Transcript: Key Takeaways
Smartworks is aggressively expanding footprint, leading to a temporary cash burn while revenue guidance is raised on strong enterprise and GCC demand.
- Call
- Guides 34% growth
Smartworks Coworking Spaces Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹5,914 Mn (+39% YoY), normalised EBITDA ₹1,169 Mn (19.8% margin), normalised PAT ₹434 Mn. FY27 revenue growth guidance raised to 33–35%.
- Call
- Guides 34% growth
Smartworks Coworking Spaces Results Update
Smartworks Q2 FY27 revenue grew 39% YoY to ₹591 crore with normalised EBITDA at ₹117 crore. Company raised FY27 revenue growth guidance to 33–35% from 28–30%.
Smartworks Coworking Spaces Q2 FY27 Results: Turns Profitable, Net Profit ₹25.6 Cr
Smartworks Coworking Spaces Ltd reported revenue from operations of ₹591.4 Cr (+39.2% YoY) and net profit of ₹25.6 Cr for Q2 FY27.
- Key figure
- Net profit ₹25.6 Cr
Smartworks Coworking Spaces Other Announcement
Smartworks Coworking Spaces Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.
Smartworks Coworking Spaces Capital Structure Change
Smartworks Coworking filed an NCLT application to reduce its securities premium account by ₹385.62 Crore to set off accumulated losses, rationalizing its balance sheet.
- Value
- ₹385.6 Cr