WEWORKBSEWeWork India Management LtdMediumNeutral
Announced Thu, 21 May · 13:49 IST

Investor Presentation on the highlights of Financial Results

Investor Communications View source PDF

WEWORK · price

Loading chart…

▲ 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
+17.5%1-day move
₹485.00
prior close
₹546.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+5.1+6.6+5.6+17.5+18.1+17.5+21.6+23.7+26.6+32.8+27.6+49.8
Up moveDown movePending
AI summary

WeWork India reported record FY26 results with revenue of ₹2,477.4 Cr (up 23.4% YoY), EBITDA of ₹499.2 Cr at 20.2% margin, and PAT of ₹179 Cr which compounded 8x in two years. Free cash flow from operations reached ₹585.5 Cr, up 44.3%, and the company turned net debt negative (-₹11.7 Cr) for the first time. Occupancy hit all-time highs at 86.9% portfolio-wide and 88.9% in mature centres across 76 centres in 8 cities. Q4 FY26 delivered ₹709.9 Cr in revenue (up 28.6% YoY) with EBITDA margin of 23.2% and PAT margin of 11.2%. The company also launched RIVET, a standalone design and build business, expanding beyond core workspace operations into a full-stack platform. FY27 opens with the strongest locked-in revenue position on record at ₹1,885 Cr.

Likely market impact

WeWork India is demonstrating strong operating leverage with improving margins, cash generation, and deleveraging. The balance sheet transformation (net debt negative) and ROCE of 28.3% signal a self-sustaining business model. The FY27 opening order book of ₹1,885 Cr provides near-term revenue visibility.