Thursday, 29 October 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

WeWork India Management Earnings Call Transcript: Key Takeaways

WeWork India delivered strong operational scale with record capacity additions and 31.6% YoY revenue growth. Management emphasizes structural margin expansion despite heavy front-loaded capex for large managed office deals.

Guidance and delivery
Management target Revenue FY28
Highlights
Revenue growth31.6% YoY growth, driven by record desk additions and managed offices.
MarginsEBITDA margins expanded 138 bps sequentially to 21.2%.
Order bookContracted value at 2.7x rent; locked-in revenue up 66% YoY.
Demand visibilityStrong, led by GCCs and tech firms insourcing talent to India.
Management confidenceHighly optimistic, highlighting strong ROIC and net cash position.

Growth

Revenue up 31.6% YoY; EBITDA grew faster at 37.6%, showing margin accretion. Digital products and Value Added Services outpaced core desk growth.

Outlook

Targeting 150k-155k desks by March 2027. FY28 capex guided around ₹600 Cr to support continued portfolio expansion.

Risks

Heavy capex concentration in managed office deals and potential lumpiness in customization revenues. Large upcoming desk expirations in FY28 require aggressive backfilling.

Source

Earnings Call Transcript filed with NSE, NSE: WEWORK. Summary written with AI assistance from the document.

Read the document ↗

WeWork India Management Ltd: key numbers

Share price
₹641.35
Market cap
₹8,906 Cr
Revenue (annual)
₹2,440 Cr
Net profit (annual)
₹74.43 Cr
P/E (TTM)
90.7×Sector 34.1×
Promoter holding
48.20%-0.09% QoQ
FII holding
17.44%Current quarter

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

More from WeWork India Management Ltd

All →