SMARTWORKSNSESmartworks Coworking Spaces LimitedMediumPositive
Announced Tue, 21 Apr · 08:27 IST

Smartworks Coworking Spaces Limited has informed the Exchange about General Updates

Business Updates View source PDF

SMARTWORKS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹445.60
prior close
₹440.00
base price
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AI summary

Smartworks Coworking Spaces announced it has become India's first listed flexible workspace provider to cross 10 million sq. ft. of operational portfolio, following the operationalisation of the Tata Intellion Park centre in Mumbai which also added a Forbes 2000 client. The company reported Q3 FY26 revenue of ~₹472 crore, up ~34% year-on-year, with mature centres operating at ~93% committed occupancy. As of December 31, 2025, Smartworks has a total footprint of ~15.3 million sq. ft. across 63 centres in 15 cities in India and Singapore, serving 770+ clients including Forbes 2000 companies, GCCs, MNCs, and startups. The company describes itself as entering a phase of cash compounding, underpinned by long-tenure enterprise relationships and rising demand for campus-led managed office solutions.

Likely market impact

The milestone reinforces Smartworks' position as a national-scale enterprise workspace infrastructure partner and demonstrates strong demand traction from large enterprises and GCCs, positioning the business for sustained compounding growth.