Smartworks Coworking Spaces Q1 FY27 results (Apr–Jun 2026) and concall

Services · Concall AI · Call held 22 Jul 2026

Company page: Smartworks Coworking Spaces share price, financials & guidance record

Smartworks delivered a robust Q1 FY27, marked by strong revenue and EBITDA growth, and significant margin expansion. The company continued its operational expansion, reaching 10.4 million sq ft, and strategically diversified its client base towards GCCs and larger cohorts. While operating and free cash flows were impacted by strategic investments in future capacity, ROCE improved, and the balance sheet remained virtually debt-free. Management reaffirmed its FY27 growth and margin guidance, emphasizing a self-funded growth model and strong future visibility.

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What they filed

Q1 FY27: revenue up 44.7%, net profit up 350.0% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27
Revenue	341	340	349	365	414 +21%	461 +36%	507 +45%	528 +45%
Expenses	133	130	123	132	152	164	178	194
EBITDA	208	210	226	233	262 +26%	297 +41%	328 +45%	333 +43%
Margin	61%	62%	65%	64%	63%	64%	65%	63%
Other income	11	12	4	9	17	16	13	14
Interest	85	85	79	80	91	96	94	94
Depreciation	154	161	155	168	192	217	228	239
Profit before tax	-20	-24	-4	-6	-5 +75%	0 +100%	20 +600%	14 +333%
Tax rate	-26%	-26%	92%	-25%	-25%	25%	25%	25%
Net profit	-15	-17	-7	-4	-4 +73%	0 +100%	15 +314%	10 +350%
EPS	-1.76	-1.69	-0.69	-0.44	-0.33	0.03	1.31	0.90

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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