SMARTWORKS COWORKING SP L·CO-WORKING 43.60·Commercial Services & Supplies Companies

Price

454.75

-4.16%
O:473.85
H:473.85
L:448.35
C:454.75

52W Range

361.5619
+26%/-27%

Market Cap

₹5,201.48 Cr

Traded: ₹5.47 Cr (0.11%) 0.0x

Free Float: ₹664.75 Cr (0.82% of FF traded)

Volume · 60D trend

1.2 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-11% 3M:-11% 6M:-4% 12M:-2%

RS Score

SEEM
NOUS
BNF
SMA Score

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Valuation

P/E186.4
P/B9.8
P/S2.6
EV/EBIT45034457.9

Business Strength

ROE3.3%
ROCE8.3%
OPM64.3%
NPM0.6%

Growth (3Y CAGR)

EPS+115.0%
Sales+36.0%
Profit+28.0%
3Y Return--

Balance Sheet

Debt/Equity0.4
Debt207 Cr
Pledge0.0%
CWIP/Fixed Asset1.1%

Cash Position

CFO/NP10881.8%
FCF810 Cr
FCF 3Y Avg1,927 Cr
Cash/MCap3.0%

Others

Div Yield0.0%
Div Payout0.0%
Cash Conv. Cycle8 days
Tradeable Free Float12.8%
SMARTWORKS454.75 -4.16% NSEBSE20% 30 Oct
NOUS
BNF
MCap5.2K Cr
Vol1.2 L
RVol
Del%
TVal5.47 Cr
RS
SEEM

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 31.60 Cr
4.75% FF
60d high
₹ 32.51 Cr
60d low
₹ 25.30 Cr
60d mean
₹ 29.34 Cr
vs mean
▲ 7.69%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
--
-42.0%
-24.0%
--
--
Accelerating
Return
--
--
--
+16.0%
--
--
Sales
--
+45.0%
+36.0%
--
+36.0%
Stable
Profit
--
+17.0%
+28.0%
--
+163.0%
Accelerating

Quarterly Results

Jun 2026

22 Jul
Rev
▲546 Cr
+44% YoY+5% QoQ
OPM63.0%
NPM2.4%
PAT
--▼13 Cr
EPS
+380% YoY▼1.1

Mar 2026

30 Apr
Rev
▲520 Cr
+45% YoY+10% QoQ
OPM65.0%
NPM3.3%
PAT
+300% YoY▲17 Cr
EPS
+281% YoY▲1.4

Dec 2025

15 Jan
Rev
▲472 Cr
+34% YoY+11% QoQ
OPM65.0%
NPM0.2%
PAT
+108% YoY▲1 Cr
EPS
+107% YoY▲0.1

Sep 2025

PDF
Rev
▲425 Cr
+21% YoY+12% QoQ
OPM64.0%
NPM-0.7%
PAT
+80% YoY▲-3 Cr
EPS
+86% YoY▲-0.3

Jun 2025

PDF
Rev
▲379 Cr
+21% YoY+6% QoQ
OPM64.0%
NPM-1.1%
PAT
+82% YoY▲-4 Cr
EPS
+85% YoY▲-0.4

Mar 2025

Rev
▲358 Cr
--+2% QoQ
OPM65.0%
NPM-2.2%
PAT
--▲-8 Cr
EPS
--▲-0.8

Dec 2024

Rev
▲352 Cr
--+1% QoQ
OPM62.0%
NPM-4.5%
PAT
---16 Cr
EPS
--▲-1.6

Sep 2024

Rev
▲350 Cr
--+12% QoQ
OPM61.0%
NPM-4.6%
PAT
--▲-16 Cr
EPS
--▲-1.9

Jun 2024

Rev
313 Cr
----
OPM61.0%
NPM-7.3%
PAT
---23 Cr
EPS
---2.8

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity9.02
Interest Coverage5.8x
Promoter Pledge0.0%
Borrowings4.8K Cr

Efficiency

Receivable Days8 days
Inventory Days days
Payable Days days
Cash Conversion cycle8 days

Cash Position

Operating Cash Flow1.2K Cr
Investing Cash Flow-501 Cr
Financing Cash Flow-621 Cr
Free Cash Flow810 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Sales546520472425379358352350313
Expenses200181167155138126134136121
Operating Profit346338306270241232218214192
Other Income1313161694121010
Interest969597938180858686
Depreciation246234223198174161167160147
Profit Before Tax18222-4-6-5-22-21-31
Tax %25.0%25.0%21.0%-28.0%-25.0%68.0%-28.0%-25.0%-26.0%
Net Profit13171-3-4-8-16-16-23
Exceptional Items------------------
EPS (Rs)1.11.40.1-0.3-0.4-0.8-1.6-1.9-2.8
Sales Growth (YoY)44.1%45.3%34.1%21.4%21.1%--------
Sales Growth (QoQ)5.0%10.2%11.1%12.1%5.9%1.7%0.6%11.8%--
OP Growth (YoY)43.6%45.7%40.4%26.2%25.5%--------
OP Growth (QoQ)2.4%10.5%13.3%12.0%3.9%6.4%1.9%11.5%--
Profit Growth (YoY)--300.0%108.0%80.0%82.0%--------
EPS Growth (YoY)380.5%281.3%107.1%85.7%85.3%--------
EPS Growth (QoQ)-20.7%1218.2%140.7%34.1%48.8%48.4%18.0%32.0%--
OP Margin63.4%65.0%64.8%63.5%63.6%64.8%61.9%61.1%61.3%
Net Margin2.4%3.3%0.2%-0.7%-1.1%-2.2%-4.5%-4.6%-7.3%
Material Cost %--0.8%0.1%0.0%0.8%0.0%0.0%0.0%0.0%
Employee Cost %--4.6%5.2%5.4%6.2%5.4%4.5%4.6%4.5%
P/S2.653.183.07------------
P/E186.37568.18--------------
P/B9.8110.789.86------------

Shareholding Pattern

Shareholders:20.3K (-16.1%)
Current MixJun 2026

Exchange Filings

50
Company Update14 Oct 2026

Intimation regarding e-filing of application in Form RSC-1 with the Hon''ble National Company Law Tribunal for Reduction of Share Capital (Securities Premium Account) of the Company

Company Update07 Oct 2026

Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September, 2026

Company Update06 Oct 2026

Intimation under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015-Earnings Conference ....

Board Meeting01 Oct 2026

Smartworks Coworking Spaces Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve to consider and ....

Company Update30 Sept 2026

Press Release - "Smartworks Announces Managed Office Deals Worth ~INR 305 Crore from New Clients"

AGM/EGM22 Sept 2026

Disclosure under Regualtion 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Proceedings of the 11th Annual General ....

Company Update02 Sept 2026

Intimation under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Analysts / Institutional Investor Meeting

Company Update01 Sept 2026

Submission of Copies of Newspaper publication of Notice to the Members of 11th Annual General Meeting (Post Dispatch)

Company Update31 Aug 2026

Intimation under Regulation 30 and 36(1)(b) of SEBI (LODR)Regulations with respect to letters providing weblink for accessing Annual Report and Notice of 11th AGM for Financial Year 2025-26

Others29 Aug 2026

Annual Report for the Financial Year 2025-26

Others29 Aug 2026

Business Responsibility and Sustainability Reporting (BRSR) for Financial year 2025-26

AGM/EGM29 Aug 2026

Notice and Annual Report of the Company for the Financial Year 2025-26

Company Update28 Aug 2026

Corrigendum to Cover Letter dated August 26, 2026 for Submission of copies of Newspaper Publication - Pre-Dispatch - Notice of 11th (Eleventh) Annual General Meeting to be held through ....

Company Update26 Aug 2026

Submission of copies of Newspaper Publication -Pre dispatch Notice of 11th (Eleventh)Annual General Meeting to be held through Video conference (VC)/other Audio Visual Means (OAVM)

Company Update24 Aug 2026

Recommendations to the members for change in management

Company Update24 Aug 2026

The Scheme for Reduction of Share Capital (Securities Premium Account) of the Company

Others24 Aug 2026

Outcome of the Board Meeting held on August 24, 2026, pursuant to Reg 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Company Update24 Aug 2026

Press Release - "Smartworks Announcees ~INR 235 Crore in Incremental Contracted Rental Revenue Driven by Enterprise Expansions"

Company Update14 Aug 2026

Intimation of allotment of 1,19,000 (One Lakh Nineteen Thousand) Equity Shares puruant to exercise of stock options exercised under the Company''s Employee Stock Option Plan 2022.

Company Update14 Aug 2026

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Capacity Addition

Board Meeting22 Jul 2026

Outcome of Board Meeting dated Wednesday, 22nd July, 2026 pursuant to Reg 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Company Update22 Jul 2026

Disclosure under Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Monitoring Agency Report

Company Update22 Jul 2026

Disclosure under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015-Audio Recording

Company Update22 Jul 2026

Disclosure under Reg 30 of SEBI (Listing Obligations and Disclosure Requirements), 2015 -Shareholders letter dated July 22, 2026

Company Update22 Jul 2026

In supersession of earlier intimation regarding Investor Presentation dated July 22, 2026, we hereby submit presentation on Un-audited Financial results for quarter ended June 30, 2026,

Company Update22 Jul 2026

Disclosure under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015-Presentation on ....

Company Update22 Jul 2026

Media Release - Un-Audited (Standalone & Consolidated) Financial Results for the quarter ended June 30, 2026 - Titled: Smartworks Revenue Jumps 44% in First Year as a Listed Company; Normalised ....

Result22 Jul 2026

Unaudited (Standalone and Consolidated) Financial Results of the Company for the Quarter ended June 30, 2026

Company Update20 Jul 2026

Press Release - "Smartworks Expands L&T Technology Services Engagement with 1,100+ Seats in Pune"

Company Update17 Jul 2026

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Capacity Addition

Company Update15 Jul 2026

Intimation under Regulation 30 read with Schedule III of the Securities and Exchange Board of India ("SEBI") (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Earning ....

Company Update13 Jul 2026

Press Release - "Indian Subsidiary of UK-Headquartered Professional Services Firm Expands with Smartworks; Leases Over 930 Seats in Pune"

Board Meeting11 Jul 2026

Smartworks Coworking Spaces Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/07/2026 ,inter alia, to consider and approve the Un-Audited ....

Company Update10 Jul 2026

Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended 30th June, 2026

Company Update07 Jul 2026

Intimation of Completion of Acquisition - under Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 - Acquisition of Step Down Wholly Owned Subsidiary

Company Update07 Jul 2026

Intimation of Completion of Capacity Addition - under Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

Company Update07 Jul 2026

Press Release - "Smartworks Completes Acquisition of Singapore-Based Workstudio Spaces"

Company Update07 Jul 2026

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 - Capacity Addition

Company Update29 Jun 2026

Press Release - "Smartworks Strengthens Board with New Appointment(s) of Independent DIrector(s)"

Insider Trading / SAST26 Jun 2026

Intimation of Closure of Trading Window

Company Update25 Jun 2026

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), 2015- Acquisition of Step down subsidiary

Company Update25 Jun 2026

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), 2015- Capacity Addition

Company Update25 Jun 2026

Intimation of recommendation and appointment of Directors in the category of Non-Executive and Independent Director pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations ....

Company Update25 Jun 2026

Press Release - "Smartworks to Acquire Singapore-Based Coworking and Flex Space - Workstudio Spaces - Strengthens Smartworks'' position in Singapore''s enterprise workspace market; footpirnt ....

Company Update15 Jun 2026

Press Release - "Smartworks expands in Singapore; Adds over 15,000 sq. ft. at Manulife Tower- The Company''s total Singapore footprint crosses 50,000 sq. ft."

Company Update15 Jun 2026

Intimation under Regulation 7 & 30 read with Schedule III of SEBI (Listing Obligations and Disclosure requirements), 2015 regarding change in RTA due to merger of CB Management Services ....

Company Update08 Jun 2026

Press Release - "Smartworks leases 400+ seats to Japanese NBFC Subsidiary in Mumbai

Company Update05 Jun 2026

Intimation under Regulation 30 read with Schedule III of the Securities and Exchange Board of India ("SEBI") (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing ....

Company Update29 May 2026

Submission of Annual Secretarial Compliance Report for the Financial Year ended March 31, 2026.

Company Update28 May 2026

Intimation of Credit Rating pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations")

Annual Reports

1

2025

Credit Ratings

4
careRating update
21 Nov 2025Report
careRating update
06 Nov 2025Report
careRating update
03 Jan 2025Report
careRating update
11 Dec 2024Report

Concalls

5

Feb 2026

28 Feb 2026

Jan 2026

31 Jan 2026

Nov 2025

30 Nov 2025

Nov 2025

30 Nov 2025

Aug 2025

31 Aug 2025

Held by ETFs

1 ETFs hold smartworks · sorted by weight

#ETFWeight %
1

AONETOTAL

AONEAMC - AONETOTAL

0.01%

Held by Mutual Funds

9 schemes hold smartworks · sorted by weight

#SchemeWeight %
1

Baroda BNP Paribas Large & Mid Cap Fund

Baroda BNP Paribas Mutual Fund

1.37%
2

Tata Small Cap Fund

Tata Mutual Fund

0.89%
3

Baroda BNP Paribas Balanced Advantage Fund

Baroda BNP Paribas Mutual Fund

0.58%
4

Motilal Oswal Nifty Microcap 250 Index Fund

Motilal Oswal Mutual Fund

0.16%
5

Edelweiss Recently Listed IPO Fund

Edelweiss Mutual Fund

0.16%
6

Baroda BNP Paribas Multi Cap Fund

Baroda Mutual Fund

0.09%
7

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.01%
8

Bandhan Nifty Total Market Index Fund

Bandhan Mutual Fund

0.01%
9

Groww Nifty Total Market Index Fund

Groww Mutual Fund

0.01%