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Indiqube Spaces share price & results

Indiqube Spaces Limited· Services

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Operates managed, tech-enabled flexible workspaces across India, leasing office space to enterprises and GCCs.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue423 ₹ crore+36.9% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin61.0 %0.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit-24.0 ₹ crore—Quarterly, as filedQuarter to Jun 2026Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown.
Return on equity-18.25 %−85.2 ptsFY Mar 2026 vs FY Mar 2023Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin33.98 %+0.5 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)38.90 %+9.6 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

1 of 2 judged targets kept · 16 open · verdicts reflect calls analysed to Q1 FY27.

Indiqube Spaces Limited management guidance track record on Inve: 18 targets tracked across analysed earnings calls (1 achieved, 1 missed, 16 open).

TargetOriginal wordingSaidLatest callVerdict
Revenue Growthconsistently delivered a 30% year-on-year revenue growth. And we expect to maintain a similar trajectory
Call transcript, Q1 FY26 · 13 Aug 2025		Q1 FY26Q1 FY27:Promise related to FY26 performance and trajectory is considered concluded and achieved. A new guidance of 25-30% was set for FY27, which is tracked separately.
Call transcript, Q1 FY27 · 13 Aug 2026		Achieved
Revenue per Occupied Seat InflationSo, a combination of all these three, so you can say that maybe 5% to 10% per inflation, you can see in this INR 192 over a year, on an overall basis may happen.
Call transcript, Q4 FY26 · 21 May 2026		Q4 FY26Q1 FY27:No specific update provided on this metric.
Call transcript, Q1 FY27 · 13 Aug 2026		Ghosted
EBITDA Marginmaintain the similar momentum in the upcoming quarters... in the range of 21%
Call transcript, Q1 FY26 · 13 Aug 2025		Q1 FY26Q1 FY27:Achieved 20% EBITDA margin. Reiterated guidance for FY27, tightening the range to 19-21% from 18-21% previously.
Call transcript, Q1 FY27 · 13 Aug 2026		Revised Up

Source: Inve Guidance Tracker for Indiqube Spaces Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

1 of Indiqube Spaces Limited's 18 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 15 more targets are in the full ledger.

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Price

₹165.43 +3.28% · +₹5.25

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −25.9% 1Y

₹140₹160₹180₹200₹220Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 10 Nov 2025Q3 FY26 — 11 Feb 2026Q4 FY26 — 21 May 2026Q1 FY27 — 13 Aug 2026

1Y: ₹223.31 on 24 Oct 2025 → ₹165.43. High ₹229.99 (26 Nov 2025), low ₹133.55 (27 Mar 2026).

Previous close
₹160.18
Market cap
₹3.4k Cr
52-week range
₹133.55 – ₹229.99
One year
−26.43%
Return on equity (TTM to Jun 2026)
-18.25%

Overview

Symbol
NSE:INDIQUBE
Sector
Services
Exchange
NSE
Currency
INR

What Indiqube Spaces Limited does

Based on the company's own presentations, annual report and earnings calls.

IndiQube Spaces Limited runs managed, tech-enabled flexible workspaces across India under five offerings: GROW (plug-and-play managed/private/enterprise office space), ONE (workplace management services such as facility management, F&B and transport), BESPOKE (office interior design, build and retrofit), CORNERSTONE (green workspace solutions including solar power and green certification) and MiQube (a proprietary workspace technology stack — employee app and space analytics). It earns primarily by taking large-format office properties on long-term lease from landlords, fitting them out, and sub-leasing office space/seats to enterprise, global capability centre (GCC) and SME clients on multi-year contracts, supplemented by value-added services (interiors, IT, F&B). Its client base spans IT/ITeS, BFSI & consulting, manufacturing & automotive, e-commerce/edtech and logistics & healthcare sectors, with a large share of clients sourced directly rather than through property consultants.

Segments

  • GROW
  • ONE
  • BESPOKE
  • CORNERSTONE
  • MiQube
Area Under Management
9.66 Mn sq.ft. (as of Mar'26)
Centers (properties)
130 centers
Cities present
17 cities (8 Tier I, 9 Tier II)
Seat capacity
214,590 seats
Enterprise clients
848 clients
Largest market
Bangalore — 70 centers, 6.20 Mn sq.ft, 138K seats
Founded 2015Headquarters Bengaluru, Karnataka, India Company website

How the price took the results

close before → close after

Q1 FY27
−0.2%
13 Aug
Q4 FY26
−5.5%
21 May
Q3 FY26
+2.4%
11 Feb
Q2 FY26
+7.3%
10 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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