SMARTWORKSBSESMARTWORKS COWORKING SP LMediumNeutral
Announced Tue, 28 Jul · 22:16 IST

Smartworks Q1 FY27 earnings call transcript; revenue up 44% YoY

Mgmt Guided Margin ImprovementPromoter Disclosed Acquisition PlansOrder Pipeline DisclosedInvestor Communications View source PDFExplain this filing

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AI summary

Smartworks reported Q1 FY27 revenue of INR 546 crores, up 44% YoY, with normalized EBITDA at INR 107 crores (margin 19.6%). PAT nearly tripled to INR 39 crores. ROCE held at 21.5%. Management reaffirmed 28-30% revenue growth and 19-20% EBITDA margin guidance for FY27. Committed revenue stands at INR 5,400 crores covering 87% of FY27. Acquired Workstudio in Singapore. Capex guided at INR 550-600 crores.

Likely market impact

Strong quarter with margin expansion and high revenue visibility. Capex cycle weighs on near-term cash flow but supports growth. Net debt near zero.