Smartworks Coworking Spaces Limited (SMARTWORKS)
Disclosure under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015-Presentation on ....
AI summary
- Q1 FY27 revenue 5,462 Mn INR +44% YoY, normalised EBITDA 1,069 Mn INR +74% YoY, margin 19.6%
- Normalised PAT 388 Mn INR +197% YoY; RoCE held at 21.5%
- Operational SBA scaled 25% YoY to 10.4 Msf; committed mature occupancy steady at 92%
- FY27 guidance reaffirmed: 28-30% revenue growth, 19-20% normalised EBITDA margin, 12.5-13 Msf operational by March 2027
- Growth capex up 66% YoY at 1,510 Mn INR in Q1; expansion self-funded with net debt near zero
- Enterprise clients contribute 92% of revenue; 41% revenue from 1,000+ seat cohort with ~48-month tenures
- Pan-India footprint diversified across 15 cities with 16.9 Msf total SBA secured
- AI and GCC demand driving structural growth in flex office space sector
- Proprietary technology platform enables rapid 45-60 day go-live and operational optimization
Source: Original filing PDF
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🚨 SMARTWORKS — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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