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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 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 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.