Smartworks Coworking Spaces
- Market cap
- ₹ 4,922 Cr.
- P/E
- 193.4x
- P/B
- 9.79x
- 52-week range
- 361.5 – 619
- ROE
- 3%
- ROCE
- 8%
- Dividend yield
- 0%
- Debt / equity
- 9
- Sector
- Commercial Services & Supplies
- Industry
- Diversified Commercial Services
- Listed on
- NSE, BSE
About
Smartworks Coworking Spaces Limited is an India-based company. The Company is engaged in offering office experience and managed campus platforms. The Company focuses on leasing entire/large, bare shell properties in prime locations from Landlords and transform them into fully serviced and tech-enabled campuses with amenities. It equips its campuses using design library, integrated, integrated proprietary technology solutions and amenities such as cafeterias, sport zones, Smart Convenience Stores, gymnasiums, creches and medical centers. It caters to clients’ needs of all team sizes, from under 50 to over 6,300 Seats, with a specific focus on mid-to-large enterprises having a requirement of over 300 Seats.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Diversified Commercial Services: 149 companies →Smartworks Coworking Spaces against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)193.4 against a typical 20: pricier than most peers (1st = cheapest).124th of 139
- Sales growth+44.1% against a typical +14.1% from a year earlier.35th of 115
- Share price, 3 months−0.8% against a typical −8.9%.48th of 121
- Size₹ 4,922.5 Cr. market value against a typical ₹ 68.8 Cr. (1st = largest).6th of 128
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE A | Stable | 28 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 28 May 2026 | Reaffirmed | CARE A | — | CARE | ₹ 360 Cr. | |
| 21 Nov 2025 | Reaffirmed | CARE A | — | CARE | ₹ 360 Cr. | |
| 6 Nov 2025 | ▲ Upgrade | CARE A | — | CARE | ₹ 232.3 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 Oct 2026Upcoming | Financial Results | to consider and approve the Un-Audited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026, along with the Limited Review Reports thereon. |
| 22 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 30 Apr 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 15 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 6 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 313 | 350 | 352 | 358 | 379 | 425 | 472 | 520 | 546 |
| Expenses | 121 | 136 | 134 | 126 | 138 | 155 | 167 | 181 | 200 |
| Operating Profit | 192 | 214 | 218 | 232 | 241 | 270 | 306 | 338 | 346 |
| OPM % | 61% | 61% | 62% | 65% | 64% | 64% | 65% | 65% | 63% |
| Other Income | 10 | 10 | 12 | 4 | 9 | 16 | 16 | 13 | 13 |
| Interest | 86 | 86 | 85 | 80 | 81 | 93 | 97 | 95 | 96 |
| Depreciation | 147 | 160 | 167 | 161 | 174 | 198 | 223 | 234 | 246 |
| Profit before tax | −31 | −21 | −22 | −5 | −6 | −4 | 2 | 22 | 18 |
| Tax % | −26% | −25% | −28% | 68% | −25% | −28% | 21% | 25% | 25% |
| Net Profit | −23 | −16 | −16 | −8 | −4 | −3 | 1 | 17 | 13 |
| EPS in Rs | −2.78 | −1.89 | −1.55 | −0.8 | −0.41 | −0.27 | 0.11 | 1.45 | 1.15 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 45%
- 3 Years
- 36%
- TTM
- 36%
- 10 Years
- —
- 5 Years
- 17%
- 3 Years
- 28%
- TTM
- 163%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- −42%
- 3 Years
- −24%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Smartworks Coworking Spaces | ₹ 476.00 | ₹ 4,922 Cr. | 193.4x | 9.8x | 3% | — |
| Prestige Estates Projects | ₹ 1,400.00 | ₹ 60,302 Cr. | 61x | 4.5x | 7.5% | 10.3% |
| Embassy Office Parks REIT | ₹ 422.00 | ₹ 40,001 Cr. | 54.6x | 2.1x | 4.3% | 20.3% |
| Nexus Select Trust | ₹ 158.12 | ₹ 23,955 Cr. | 62.2x | 1.9x | 3% | 15.7% |
| WeWork India Management | ₹ 630.90 | ₹ 8,782 Cr. | 62.8x | 30.8x | — | 3.2% |
| NESCO | ₹ 988.20 | ₹ 6,963 Cr. | 18.4x | 2.6x | 14.7% | 44.3% |
Management
- Sahil Jain
- Chief Financial Officer
- Punam Dargar
- Compliance Officer, Company Secretary
- Neetish Sarda
- Managing Director, Executive Director
- Harsh Binani
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.