What the business is, and whether it's a good one at a fair price.
Operates managed and flexible office (coworking) workspace across India and Singapore, leasing ready-to-use office seats and floors to enterprise clients. The platform spans roughly 17 million sq ft across 70 centres in 15 cities, serving 760+ clients and 150,000+ professionals, with large enterprises accounting for around 90% of revenue. Revenue comes primarily from seat rentals under multi-year enterprise contracts, supplemented by a value-added services offering branded SmartVantage that generated about INR 68 cr in non-lease revenue in Q1 FY27. The customer mix is shifting toward Global Capability Centres (21% of revenue) and large 1,000-plus seater cohorts (41% of revenue), and a recent acquisition of Singapore-based Workstudio Spaces adds four centres, about 76,000 sq ft and 1,500 seats. Forward visibility is unusually high for the sector: about INR 5,400 cr of contracted rental revenue already covers 87% of FY27. Costs are dominated by depreciation (46.2% of revenue) and other operating expenses (30%), reflecting the asset-heavy fit-out model that requires INR 1,350 per sq ft of capex on new centres.
Measured from the filed financials, judged against its Diversified Commercial Services peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
Loading peers…
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
Loading financials…
Who owns it — and is the promoter stake clean?
Loading shareholding…
Sign up to see the full company file
Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.
Answered from SMARTWORKS COWORKING SP L's filed financials and exchange disclosures
SMARTWORKS COWORKING SP L is a Commercial Services & Supplies company listed on NSE and BSE, trading under the symbol SMARTWORKS.
Yes. Over the trailing twelve months SMARTWORKS COWORKING SP L reported a net profit of ₹28 Cr on revenue of ₹1,963 Cr.
Not in the latest reported year — SMARTWORKS COWORKING SP L's dividend payout for FY26 was nil.
No. Debt stands at 0.39× equity, and it carries net debt of ₹119 Cr. That is lower than 18% of its 116 Diversified Commercial Services peers.
On trailing P/E, SMARTWORKS COWORKING SP L ranks 86 of 89 in Diversified Commercial Services — cheaper than 3% of them, against an industry median of 14.3×. This is a position, not a valuation judgement.
On a typical session SMARTWORKS COWORKING SP L moves 1.36% — that is the median absolute close-to-close move across its last 269 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by SMARTWORKS COWORKING SP L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.
