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Smartworks Coworking Spaces Ltd

NSE: SMARTWORKS · BSE: 544447 · Diversified Consumer Services · 57 announcements

Share price
₹494.40
Market cap
₹5,655 Cr
Revenue (annual)
₹1,796 Cr
Net profit (annual)
₹10.53 Cr
P/E (TTM)
202.9×Sector 34.2×
Promoter holding
58.32%+0.00% QoQ
FII holding
0.28%Current quarter

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

18:40 IST BSE
Management Change

Smartworks Coworking Spaces Management Change

Smartworks appointed Mr. Dilip Deshmukh and Mr. Rajeev Krishnamuralilal Agarwal as Non-Executive and Independent Directors. The appointments were approved by the Board on June 25, 2026.

18:32 IST BSE
Capacity Expansion

Smartworks Coworking Spaces Capacity Expansion

Smartworks plans to add ~70,000 sq ft of capacity in Singapore via acquisition. This expansion aims to strengthen its presence in Asia by July 2026.

Execution
By July 2026
18:23 IST BSE
Merger & Restructuring

Smartworks Coworking Spaces Merger & Restructuring

Smartworks is acquiring WorkStudio Spaces Pte. Ltd. in Singapore. This expansion grows its Singapore footprint to approximately 76,000 sq. ft.

Execution
Expected completion within July, 2026
19:28 IST NSE
Management Change

Smartworks Coworking Spaces Management Change

Smartworks Coworking Spaces appointed MUFG Intime India Private Limited as its Registrar and Share Transfer Agent. This administrative update ensures continuity in investor servicing.

19:24 IST BSE
Other Announcement

Smartworks Coworking Spaces Other Announcement

Smartworks' RTA changed from CB Management to MUFG Intime India due to a merger. This is an administrative update with no financial impact.

08:04 IST BSE
Capacity Expansion

Smartworks Coworking Spaces Capacity Expansion

Smartworks expands in Singapore with a new 15,000 sq. ft. centre at Manulife Tower. This strengthens its international footprint and growth momentum.

10:51 IST BSE
New Order Win

Smartworks Coworking Spaces Bags ₹35 Cr Order

Smartworks secured a five-year leasing contract for 400+ seats from a Japanese NBFC in Mumbai. The deal is estimated to generate ₹35 Crore in rental revenue.

Value
₹35.00 Cr
Execution
5 years
17:35 IST BSE
Other Announcement

Smartworks Coworking Spaces Other Announcement

Smartworks Coworking Spaces submitted its Annual Secretarial Compliance Report for the financial year 2026. The auditor reported nil non-compliance, confirming the company's adherence to SEBI regulations.

21:50 IST BSE
Credit Rating

Smartworks Coworking Spaces Credit Rating

CARE Ratings reaffirmed Smartworks Coworking Spaces Limited's credit ratings at 'CARE A; Stable' and 'CARE A1'. This covers bank facilities totaling ₹360 Crore following its successful IPO.

Value
₹360.0 Cr
14:46 IST BSE
Capacity Expansion

Smartworks Coworking Spaces Capacity Expansion

Smartworks leased a new ~4.92 lakh sq. ft. campus at Sattva Aura, Bengaluru. The expansion strengthens its managed office presence in India's premier technology corridor.

14:30 IST NSE
Capacity Expansion

Smartworks Coworking Spaces Capacity Expansion: ₹70 Cr Investment

Smartworks added 4,92,661 Sq. Ft of office capacity in Bengaluru for ₹70 Crore. The expansion supports business growth and is funded via internal accruals.

Value
₹70.00 Cr
Execution
Within May 2026
22:14 IST BSE
Capacity Expansion

Smartworks Coworking Spaces Capacity Expansion: ₹60 Cr Investment

Smartworks added 4,02,200 Sq. Ft to its Gurugram capacity with a ₹60 Crore investment. The expansion supports business growth and increases its operational footprint by 2026.

Value
₹60.00 Cr
Execution
Within May – 2026
18:50 IST NSE
Fund Raise

Smartworks Coworking Spaces Fund Raise of ₹445 Cr

Smartworks Coworking Spaces Limited filed its Monitoring Agency Report for the quarter ended March 31, 2026. The report, issued by CARE Ratings Limited, confirms the utilization of ₹445 Crore raised via its IPO. No deviations were observed from the objects stated in the offer document, and ₹140.22 Crore remains unutilized as of March 31, 2026.

Value
₹445.0 Cr
13:10 IST BSE
Other Announcement

Smartworks Coworking Spaces Other Announcement

Smartworks Coworking Spaces Ltd released its FY26 Shareholders' Letter, reporting ₹1,796 Crore revenue and achieving PAT profitability of ₹97 Crore. The company crossed 10.1 million sq. ft. of operational area and secured ₹5,200+ Crore in contracted rental revenue. Management highlighted a structural shift toward managed office campuses and a transition to a self-funding, cash-compounding business model.

Value
₹1,796 Cr
12:35 IST BSE
Financial Results

Smartworks Coworking Spaces Financial Results

Smartworks Coworking Spaces Ltd reported consolidated total income of ₹1,849.90 Crore for FY26, with a net profit of ₹10.53 Crore. The company successfully completed its IPO during the year, listing on July 17, 2025. Standalone revenue grew significantly to ₹1,746.01 Crore, reflecting strong operational expansion in the managed office space sector.

Value
₹1,850 Cr
11:22 IST NSE
Results Update

Smartworks Coworking Spaces Results Update

Smartworks reported record FY26 results with revenue up 31% to ₹1,796 Crore and its first full year of PAT profitability at ₹11 Crore. The company crossed 10 million sq. ft. of operational area and entered FY27 with over ₹5,200 Crore in contracted rental revenue, demonstrating strong growth and improved capital efficiency.

Value
₹1,796 Cr
10:49 IST BSE
Financial Results

Smartworks Coworking Spaces Financial Results

Smartworks Coworking Spaces Ltd reported audited consolidated revenue of ₹1,795.81 Crore and a net profit of ₹10.53 Crore for the financial year ended March 31, 2026. The company successfully completed its IPO during the year, with shares listed on NSE and BSE in July 2025. Deloitte Haskins & Sells LLP issued an unmodified audit opinion.

Value
₹1,796 Cr
20:02 IST NSE
Board Meeting Date

Smartworks Coworking Spaces Board Meeting Date

Smartworks Coworking Spaces Limited has scheduled a board meeting on April 30, 2026, to consider and approve audited standalone and consolidated financial results for the year ended March 31, 2026. The company also confirmed that the trading window for designated persons remains closed until May 2, 2026.

20:00 IST BSE
Board Meeting Date

Smartworks Coworking Spaces Board Meeting Date

Smartworks Coworking Spaces Ltd has scheduled a Board Meeting on April 30, 2026, to approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window for company securities is currently closed and will reopen 48 hours after the results are declared.

08:26 IST BSE
Capacity Expansion

Smartworks Coworking Spaces Capacity Expansion: ₹472 Cr Investment

Smartworks Coworking Spaces Limited crossed 10 million sq. ft. of operational portfolio, becoming India's first listed flex space provider to reach this scale. This follows the operationalisation of the Tata Intellion Park centre in Mumbai. The company reported Q3 FY26 revenue of ~₹472 Crore, marking a 34% year-on-year growth with 93% occupancy in mature centres.

Value
₹472.0 Cr
19:12 IST NSE
Other Announcement

Smartworks Coworking Spaces Other Announcement

Smartworks Coworking Spaces Limited submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations for the period ended March 31, 2026. The filing confirms that security dematerialisation details have been furnished to depositories and stock exchanges. This is a routine administrative disclosure with no material financial impact.

08:06 IST NSE
Capacity Expansion

Smartworks Coworking Spaces Capacity Expansion: ₹155 Cr Investment

Smartworks expanded its multi-city managed office partnership with a Forbes 2000 global CX leader, adding 1,150 seats in Mumbai. The total client portfolio now exceeds 5,000 seats across four cities, with combined expected rental revenue surpassing ₹155 Crore. This expansion highlights strong enterprise demand for large-format, multi-city managed office campuses.

Value
₹155.0 Cr