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
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Smartworks is aggressively expanding footprint, leading to a temporary cash burn while revenue guidance is raised on strong enterprise and GCC demand.
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%.
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 Ltd reported revenue from operations of ₹591.4 Cr (+39.2% YoY) and net profit of ₹25.6 Cr for Q2 FY27.
Smartworks Coworking Spaces Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.
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.