Smartworks Coworking Spaces Limited Q1 FY27 results press release summary

Results press release of 13 Jul 2026, summarised by AI from the filing.

Smartworks leased over 930 seats in Pune to the Indian subsidiary of a UK-headquartered firm, taking the client's total to over 1,730 seats.

Key takeaways

1. Pune lease Smartworks leased over 930 seats in Pune to the India-based subsidiary of a UK-headquartered global professional services and technology firm.
2. Rental commitment The 60-month engagement is expected to generate committed rental revenue of ~₹58 cr; combined expected rental commitment is ~₹102 cr.
3. Client mix Clients with 300 or more seats account for ~69% of rental revenue, with an average tenure of ~47 months.
4. Footprint As of March 31, 2026, Smartworks has a total footprint of ~16.1 million sq. ft. across 66 centres in 15 cities.

Original filing on BSE

Smartworks Coworking Spaces Limited Q1 FY27 results

As filed: Revenue ₹546 cr (+44% year on year), EBITDA ₹346 cr (+44% year on year), PAT ₹13.2 cr, EBITDA margin 63.3% (+1 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹507 cr, EBITDA ₹328 cr, PAT ₹15.0 cr, EBITDA margin 64.8%. Not scored. No result for the same quarter last year. Share price after the results: −1.0% in 29 days (Nifty 500: −0.9%).
• Q3 FY26: Revenue ₹461 cr, EBITDA ₹297 cr, PAT ₹0.3 cr, EBITDA margin 64.3%. Not scored. No result for the same quarter last year. Share price after the results: −2.7% in 29 days (Nifty 500: −0.7%).
• Q2 FY26: Revenue ₹414 cr, EBITDA ₹261 cr, PAT −₹4.0 cr, EBITDA margin 63.0%. Not scored. No result for the same quarter last year. Share price after the results: −25.4% in 29 days (Nifty 500: +1.4%).
• Q1 FY26: Revenue ₹365 cr, EBITDA ₹233 cr, PAT −₹5.0 cr, EBITDA margin 63.8%. Not scored. No result for the same quarter last year. Share price after the results: +21.7% in 29 days (Nifty 500: +0.7%).

Past price moves after results do not indicate future moves. Not a recommendation.

Smartworks Coworking Spaces Limited earnings call, investor presentation and press release summaries

• Q1 FY27: Earnings call (22 Jul 2026), Results deck (22 Jul 2026), Results press release (13 Jul 2026), Results press release (22 Jul 2026)
• Q4 FY26: Results deck (30 Apr 2026), Results press release (30 Apr 2026)
• Q3 FY26: Results deck (16 Jan 2026), Results press release (15 Jan 2026)
• Q2 FY26: Earnings call (7 Nov 2025), Results deck (6 Nov 2025), Results press release (6 Nov 2025), Results press release (6 Nov 2025)
• Q1 FY26: Earnings call (12 Aug 2025), Results deck (12 Aug 2025), Results press release (12 Aug 2025)
• Other events: Strategy deck (22 May 2026), Strategy deck (12 Feb 2026), Strategy deck (17 Nov 2025)