WeWork India Management

NSE: WEWORKBSE: 544570
Compare with peers
₹ 636.50▲ 10.4 (+1.66%)28 Oct, 03:29 pm IST
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.

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.

  • 26 Oct 2026Outcome of Board MeetingHigh impactPositivePrice +0.4% on 27 Oct
    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.

    Filing
  • 8 Oct 2026Capacity additionLow impactPositivePrice +0.8% on 9 Oct
    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.

    Filing

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
A+
DefaultRiskyModerateSafeVery safe
  • All agencies agree and none has raised a warning.
AgencyCurrent ratingOutlookAs of
ICRA[ICRA]A+Stable27 Jul 2026
CRISILCrisil A+Stable10 Mar 2026
Credit rating actions
RatingDetails
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 2026Financial Results/Other business mattersTo 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 2026Financial Results/Other business mattersTo consider and approve the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026 and other business matters
21 May 2026Financial Results/Other business mattersto 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 2026Financial Results/Other business mattersTo consider and approve the financial results for the quarter and nine months ended December 31, 2025 and other business matters
10 Nov 2025Financial Results/Other business mattersTo 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.

Share price

1Y change −0.2%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales469490536534573632693680
Expenses171178193199192225243243
Operating Profit298312343335381407449437
OPM %63.6%63.6%64%62.7%66.4%64.5%64.9%64.3%
Other Income30−2915101151917
Interest157160148136153152159176
Depreciation202206223223231245267283
Profit before tax−31−84−13−1571542−5
Tax %−752%0%−393.3%0%0%0%−52.5%0%
Net Profit204−8437−1571564−5
EPS in Rs37.2−9.252.8−1.090.551.124.75−0.33

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
31%
3 Years
23%
TTM
27%
Compounded Profit Growth
10 Years
—
5 Years
16%
3 Years
36%
TTM
−54%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
—
3 Years
—
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
48.3%
FIIs
19.64%
DIIs
25.9%
Public
6.17%

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 86.9xEPS (12 months) ₹ 7.56Median P/E 113.3x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
WeWork India Management₹ 636.50₹ 8,782 Cr.86.9x29.6x30%—
Prestige Estates Projects₹ 1,400.00₹ 60,302 Cr.61x4.5x7.5%10.3%
Embassy Office Parks REIT₹ 422.00₹ 40,001 Cr.54.6x2.1x4.3%20.3%
Nexus Select Trust₹ 158.12₹ 23,955 Cr.62.2x1.9x3%15.7%
NESCO₹ 988.20₹ 6,963 Cr.18.4x2.6x14.7%44.3%
Max Estates₹ 480.00₹ 7,887 Cr.422.4x2.8x0.6%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.