Investor Presentation

AI summary - Q1 FY27 revenue ₹698 Cr +28.5% y-y; EBITDA ₹138.3 Cr +69.3% y-y; PAT ₹53.2 Cr +533.3% y-y - EBITDA margin expanded to 19.8% vs 15% in Q1 FY26; PAT margin 7.6% - Operational desk capacity 133.6k desks +17.1% y-y; occupancy 84.9% +844 bps y-y - Added 6.6k desks in Q1; pipeline of committed supply at record levels - ROCE improved to 28.6% +1955 bps y-y; net debt reduced to ₹31.6 Cr - Launched Member Services platform to deepen member engagement - Industry flex leasing leads with 27% share; premiumisation driving demand - Longer contract terms with average 27 months; 52% new desk sales from existing members - Free cash flow from operations ₹141.9 Cr +176.1% y-y; capex increased to ₹188 Cr - Management expects FY27 to be a year of growth with promising outlook