WEWORKNSEWeWork India Management LimitedMediumNeutral
Announced Thu, 21 May · 13:44 IST

WeWork India Management Limited has informed the Exchange about Shareholders' Letter - Q4 FY26.

Investor Communications View source PDF

WEWORK · price

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Price reaction · full curve 14 horizons · vs prior close
+17.5%1-day move
₹485.00
prior close
₹529.00
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AI summary

WeWork India reported record Q4 and full-year FY26 results. Portfolio occupancy reached an all-time high of 86.9%, up 1,010 basis points year-on-year. Total revenue for FY26 was ₹2,477.4 crores, growing 23.4% YoY, with Q4 revenue at ₹709.9 crores. EBITDA for FY26 stood at ₹499.2 crores with a 20.2% margin, while PAT reached ₹179.0 crores, up 133.7% YoY. Free cash flow from operations was ₹585.5 crores, up 44.3% YoY, and the balance sheet turned net debt negative for the first time with ₹11.7 crores surplus cash. The company also launched its new app and design-and-build services externally. FY27 opens with ₹1,885 crores of core revenue already locked in, up 38.1% from the prior year's opening position.

Likely market impact

Strong operational and financial performance with expanding margins and cash generation signals a healthy business trajectory. The net debt negative balance sheet and credit rating upgrade to A+ strengthen the balance sheet profile, which could be positive for shareholder returns and stock valuation.