Smartworks Coworking Spaces Ltd
Smartworks Coworking Spaces Ltd Q4 FY26 Results & Presentation Highlights: Revenue, Margins & Order Book
Q4 FY26 investor presentation: what the company reported on revenue, margins and projects.
Based on Smartworks Coworking Spaces Ltd's Q4 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.
The short version
Revenue from operations for Q4FY26: INR 5,197 Mn, a 45% YoY increase from INR 3,584 Mn in Q4FY25 (Page 34). - Revenue grew 10% QoQ from INR 4,721 Mn in Q3FY26 (Page 34). - FY26 total revenue: INR 17,958 Mn, up 31% YoY from INR 13,741 Mn in FY25 (Pages 34, 26). - Revenue from lease rentals in Q4FY26 was INR 4,516 Mn, a 32% YoY increase (Page 34). - Volume measure: Operational SBA (leased area) grew 36% YoY to 16.1 Mn sq. Q4FY26 EBITDA: INR 3,383 Mn, up 46% YoY (Q4FY25: INR 2,324 Mn) - Q4FY26 Normalised EBITDA: INR 987 Mn, up 71% YoY (Q4FY25: INR 579 Mn) - Q4FY26 EBITDA Margin: 65%, flat YoY (Q4FY25: 65%) - Q4FY26 Normalised EBITDA Margin: 19%, up from 16% YoY (Q4FY25) - Q4FY26 Profit After Tax (PAT): INR 166 Mn (reported), versus loss of INR 83 Mn in Q4FY25 - Q4FY26 Normalised PAT: INR 349 Mn, up 153% YoY (Q4FY25: INR 138 Mn) - Operating Margin implied by normalised EBIT is ~9% in Q4FY26, up from 8% YoY - Margin Outlook: The presentation highlights “Operating leverage driving margin expansion” with normalised EBITDA margin improving from 13% in FY25 to 18% in FY26 and a quarterly expansion trend to 19% in Q4FY26.
From Smartworks Coworking Spaces Ltd's Q4 FY26 earnings-call transcript · updated 25 Sept 2026.
Revenue & Sales Performance
- Revenue from operations for Q4FY26: INR 5,197 Mn, a 45% YoY increase from INR 3,584 Mn in Q4FY25 (Page 34).
- Revenue grew 10% QoQ from INR 4,721 Mn in Q3FY26 (Page 34).
- FY26 total revenue: INR 17,958 Mn, up 31% YoY from INR 13,741 Mn in FY25 (Pages 34, 26).
- Revenue from lease rentals in Q4FY26 was INR 4,516 Mn, a 32% YoY increase (Page 34).
- Volume measure: Operational SBA (leased area) grew 36% YoY to 16.1 Mn sq. ft. as of March 2026 (Page 12).
- Occupancy rates remain high: committed occupancy 88% on 10.1 Mn sq. ft. operational footprint (Page 17).
2 more points management made on revenue & sales performance
Profitability & Margins
See what Smartworks Coworking Spaces Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Total Supply Built-up Area (SBA) as of Mar’26: 16.1 million sq ft (Msf), up 36% from 11.8 Msf in Mar’25.
- Capacity seats: 60,000+ across multiple cities; notable growth in Bengaluru (100% YoY), Gurugram (83% YoY), Noida (56% YoY), and Pune (16% YoY).
- Under fitouts and yet to be handed over: approximately 286,000 sq ft combined, indicating ongoing capacity expansion.
- Maintenance Capex: Approximately 6%-8% of Normalised Gross Block (~INR 16,188 million) spent regularly; maintenance Capex per sq ft is 12%-15% of initial Capex, completing two cycles across ~2 Msf each, totaling ~6 Msf.
2 more points management made on capital expenditure plans
Top-ranked in Commercial Services & Supplies
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Smartworks Coworking Spaces Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
2 more points management made on order book & pipeline
Smartworks Coworking Spaces Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹520 Cr, net profit ₹17 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Smartworks Coworking Spaces Ltd's management said in earlier quarters
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Year-on-year (YoY) revenue growth for Q4 FY26: 30% (noted on page 4) . Key investor presentation takeaways from NDR INVIT Trust's Q4 FY26 investor presentation
Frequently Asked Questions
What were Smartworks Coworking Spaces Ltd Q4 FY26 results?
Revenue from operations for Q4FY26: INR 5,197 Mn, a 45% YoY increase from INR 3,584 Mn in Q4FY25 (Page 34). - Revenue grew 10% QoQ from INR 4,721 Mn in Q3FY26 (Page 34). - FY26 total revenue: INR 17,958 Mn, up 31% YoY from INR 13,741 Mn in FY25 (Pages 34, 26). - Revenue from lease rentals in Q4FY26 was INR 4,516 Mn, a 32% YoY increase (Page 34). - Volume measure: Operational SBA (leased area) grew 36% YoY to 16.1 Mn sq. Q4FY26 EBITDA: INR 3,383 Mn, up 46% YoY (Q4FY25: INR 2,324 Mn) - Q4FY26 Normalised EBITDA: INR 987 Mn, up 71% YoY (Q4FY25: INR 579 Mn) - Q4FY26 EBITDA Margin: 65%, flat YoY (Q4FY25: 65%) - Q4FY26 Normalised EBITDA Margin: 19%, up from 16% YoY (Q4FY25) - Q4FY26 Profit After Tax (PAT): INR 166 Mn (reported), versus loss of INR 83 Mn in Q4FY25 - Q4FY26 Normalised PAT: INR 349 Mn, up 153% YoY (Q4FY25: INR 138 Mn) - Operating Margin implied by normalised EBIT is ~9% in Q4FY26, up from 8% YoY - Margin Outlook: The presentation highlights “Operating leverage driving margin expansion” with normalised EBITDA margin improving from 13% in FY25 to 18% in FY26 and a quarterly expansion trend to 19% in Q4FY26.
What is Smartworks Coworking Spaces Ltd share price analysis?
Smartworks Coworking Spaces Ltd currently shows a neutral. The stock trades at a P/E of 224.6 with a market cap of ₹6,261 Cr. Investors should review the full earnings analysis for detailed insights.
Is Smartworks Coworking Spaces Ltd planning capital expenditure?
Total Supply Built-up Area (SBA) as of Mar’26: 16.1 million sq ft (Msf), up 36% from 11.8 Msf in Mar’25.
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.