WeWork India Management
- Market cap
- ₹ 8,782 Cr.
- P/E
- 86.9x
- P/B
- 29.63x
- 52-week range
- 420 – 794.5
- ROE
- 30%
- ROCE
- 21%
- Dividend yield
- 0%
- Debt / equity
- 18.63
- Sector
- Commercial Services & Supplies
- Industry
- Diversified Commercial Services
- Listed on
- NSE, BSE
About
WeWork India Management Limited is a flexible workspace operator in India. It provides flexible workspaces to its customers, including companies of all sizes: large enterprises, small and mid-size businesses, startups and individuals. It is engaged in the managed workspace provider and provision for allied services. It has a licensee of the WeWork Brand in India. It offers a mix of flexible workspace solutions, such as a mix of custom designed buildings, floors and offices, enterprise office suites, customized managed offices, private offices, co-working spaces and hybrid digital solutions. Its value-added services include customization of office spaces, parking, event spaces, advertising, food and beverage services and office infrastructure services. Its self-serve online products, such as WeWork On Demand, WeWork All Access, Virtual Office and WeWork Workplace. It operates in India’s key office markets, including Bengaluru, Mumbai, Pune, Hyderabad, Gurgaon, Noida, Delhi and Chennai.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Diversified Commercial Services: 149 companies →WeWork India Management 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)86.9 against a typical 20: pricier than most peers (1st = cheapest).110th of 139
- Sales growth+27.4% against a typical +14.1% from a year earlier.46th of 115
- Share price, 3 months−9.8% against a typical −8.9%.67th of 121
- Size₹ 8,782.2 Cr. market value against a typical ₹ 68.8 Cr. (1st = largest).1st of 128
Latest announcements
Exchange filings and their impact on the company.
- Strong Q2 with 34% revenue growth and return to profit keeps WeWork India on a 25%+ growth path.
WeWork India reported Q2 FY27 consolidated revenue of Rs 767.8 crore, up 34% from last year, and net profit of Rs 20.4 crore versus Rs 6.4 crore last year, reversing a Rs 4.1 crore loss in Q1. Half-year revenue was Rs 1451.7 crore with operating cash flow of Rs 1026 crore. The board also gave final approval for a Rs 34.25 crore 10 MWp captive solar plant in Karnataka to cut power costs.
- Adds 2,881 desks (+2.2% capacity) in Pune for Rs 44 cr, operational by July 2027.
WeWork India signed a leave and license deal to add 1,60,744 sq ft in Pune, adding about 2,881 desks to its existing 1,33,573 desks. The new capacity, 84.90% utilized as of June 2026, will need about Rs 44 crore funded by internal accruals or debt and is expected to be operational by July 2027. It is a small 2.2% expansion to meet incremental demand, so near-term earnings impact is limited with fuller benefit after ramp-up.
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 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]A+ | Stable | 27 Jul 2026 |
| CRISIL | Crisil A+ | Stable | 10 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 27 Jul 2026 | ▲ Upgrade1 notch | [ICRA]A → [ICRA]A+ | — | ICRA | ₹ 800 Cr. | |
| 10 Mar 2026 | New rating | Crisil A+ | — | CRISIL | ₹ 800 Cr. | |
| 22 Jan 2026 | ▲ Upgrade | [ICRA]A | — | ICRA | ₹ 800 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 26 Oct 2026 | Financial Results/Other business matters | To consider and approve the unaudited standalone and consolidated financial results of the Company for the quarter and half year ending September 30, 2026 and other business matters. |
| 16 Jul 2026 | Financial Results/Other business matters | To consider and approve the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026 and other business matters |
| 21 May 2026 | Financial Results/Other business matters | to consider and approve the audited standalone and consolidated financial results of the Company for the quarter and financial year ended March 31, 2026 |
| 27 Jan 2026 | Financial Results/Other business matters | To consider and approve the financial results for the quarter and nine months ended December 31, 2025 and other business matters |
| 10 Nov 2025 | Financial Results/Other business matters | To consider and approve the unaudited standalone and consolidated financial results of the Company for the quarter and half year ended September 30, 2025 and other business matters. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 469 | 490 | 536 | 534 | 573 | 632 | 693 | 680 |
| Expenses | 171 | 178 | 193 | 199 | 192 | 225 | 243 | 243 |
| Operating Profit | 298 | 312 | 343 | 335 | 381 | 407 | 449 | 437 |
| OPM % | 63.6% | 63.6% | 64% | 62.7% | 66.4% | 64.5% | 64.9% | 64.3% |
| Other Income | 30 | −29 | 15 | 10 | 11 | 5 | 19 | 17 |
| Interest | 157 | 160 | 148 | 136 | 153 | 152 | 159 | 176 |
| Depreciation | 202 | 206 | 223 | 223 | 231 | 245 | 267 | 283 |
| Profit before tax | −31 | −84 | −13 | −15 | 7 | 15 | 42 | −5 |
| Tax % | −752% | 0% | −393.3% | 0% | 0% | 0% | −52.5% | 0% |
| Net Profit | 204 | −84 | 37 | −15 | 7 | 15 | 64 | −5 |
| EPS in Rs | 37.2 | −9.25 | 2.8 | −1.09 | 0.55 | 1.12 | 4.75 | −0.33 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 31%
- 3 Years
- 23%
- TTM
- 27%
- 10 Years
- —
- 5 Years
- 16%
- 3 Years
- 36%
- TTM
- −54%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- 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.
| WeWork India Management | ₹ 636.50 | ₹ 8,782 Cr. | 86.9x | 29.6x | 30% | — |
| 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% |
| NESCO | ₹ 988.20 | ₹ 6,963 Cr. | 18.4x | 2.6x | 14.7% | 44.3% |
| Max Estates | ₹ 480.00 | ₹ 7,887 Cr. | 422.4x | 2.8x | 0.6% | 7.9% |
Management
- Karan Virwani
- Chief Executive Officer, Managing Director, Executive Director
- Clifford Noel Lobo
- Chief Financial Officer
- Udayan Shukla
- Company Secretary, Compliance Officer
Prices are delayed and for information only. Nothing on this page is investment advice.