Wework India Management Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management said on revenue, margins and capex.
- Revenue
- ₹632Cr
- +29% YoY
- +10.3% QoQ
- Net profit
- ₹15Cr
- Turned profitable YoY
- +114.3% QoQ
- Margin
- 64%
- 0 pp YoY
- −2 pp QoQ
Guidance rank: #10 of 38 in Commercial Services & Supplies
See the sector's top 10 — free with your mobile number.
The short version
WeWork India plans to add approximately 30,000 seats in FY27 and similar levels in FY28, signaling strong space expansion. - Total capacity to increase to about 8.7 million sq. WeWork India projects continued strong business growth driven by expertise and brand strength, enabling winning most deals.
From Wework India Management Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- WeWork India plans to add approximately 30,000 seats in FY27 and similar levels in FY28, signaling strong space expansion.
- Total capacity to increase to about 8.7 million sq. ft. by March FY26, reaching around 10.3 million sq. ft. by March FY27, with discussions for further supply beyond.
- Sales velocity surged 41% YoY with nearly 38,000 desks sold in the first nine months of FY26.
- Managed office segment is expected to contribute around one-third of capacity additions (~10,000 seats) in FY27.
- Growth driven by strong enterprise demand, higher occupancy (mature centers ~87%, growth centers ~66%), and expanding managed office business.
2 more points from Wework India Management Ltd's call on revenue
Create a free account to keep reading this call
Profitability & Margins
WeWork India projects continued strong business growth driven by expertise and brand strength, enabling…
Locked: what Wework India Management Ltd said on margins
Also locked on this page: fundraising
Free account, 30 seconds. No card needed.
Capital Expenditure Plans
- FY26 capex: INR 340 crores spent in 9 months; full year expected between INR 300-400 crores for speculative WeWork branded business.
- Managed office capex varies depending on clientele and customization needs, potentially increasing overall spend to INR 450-500 crores.
- Recent quarter saw higher capex (~INR 140 crores) due to large enterprise deals requiring higher spend per square foot (up to INR 8,000).
- Capex per seat averages around INR 1.5 lakhs; breakeven on capex occurs within approximately 36 months.
- Future expansion plans include adding around 30,000 seats in FY27 and similar in FY28, driven by strong sales velocity and signed deals.
2 more points from Wework India Management Ltd's call on capex
Create a free account to keep reading this call
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
Key points related to financial discipline and capital management include:
Locked: what Wework India Management Ltd said on fundraising
Also locked on this page: margins
Free account, 30 seconds. No card needed.
Order Book & Pipeline
- For FY '27, WeWork India expects to add roughly 30,000 seats, with some assets still under construction, so there could be slight shifts in timing. (Page 14)
- Pipeline visibility exists for FY '28 with a similar expansion level of around 30,000 seats planned. (Page 14)
- Nearly 40% of incremental growth is already locked in through signed leases and Letters of Intent (LOIs). (Page 4)
- A large part of the pipeline is demand-backed, especially from enterprises and managed office commitments, ensuring strong utilization and return. (Page 4)
2 more points from Wework India Management Ltd's call on order book
Create a free account to keep reading this call
Wework India Management Ltd — Quarterly revenue & net profit
Wework India Management Ltd Q3 FY26 results — key figures
| ₹ Cr | Q3 FY26 | Q3 FY25 | YoY | Q2 FY26 | QoQ |
|---|---|---|---|---|---|
| Revenue | 632 | 490 | +29% | 573 | +10.3% |
| Operating profit (EBITDA) | 407 | 312 | +30.4% | 381 | +6.8% |
| Operating margin | 64% | 64% | 0 pp | 66% | -2 pp |
| Profit before tax | 15 | -84 | — | 7 | +114.3% |
| Net profit (PAT) | 15 | -84 | — | 7 | +114.3% |
| EPS (₹) | 1.12 | -6.61 | — | 0.55 | +103.6% |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹765 Cr, net profit ₹19 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Wework India's management said in earlier quarters
Others in Commercial Services & Supplies this season
- Eleganz Interior (Q3 FY26)
FY25: INR 3,927.1 Mn (77.5% YoY growth from FY24) . Key investor presentation takeaways from Eleganz Interiors Ltd's Q3 FY26 investor presentation — and how it
- Kapston Services (Q3 FY26)
Revenue (Turnover) for Q3 FY26:** ₹212.85 crore (Page 20) . Key investor presentation takeaways from Kapston Services Ltd's Q3 FY26 investor presentation — and
- One Point One (Q3 FY26)
Q3FY26 Total Income: ₹81.3 crores, up 15.4% YoY . Key investor presentation takeaways from One Point One Solutions Ltd's Q3 FY26 investor presentation — and how
- Alldigi Tech (Q3 FY26)
Q3 FY26 Revenue: ₹152.7 Cr, a 9.5% year-on-year (YoY) increase and 3.6% quarter-on-quarter (QoQ) growth (Page 6, 13, 15, 23). Key investor presentation takeaway
Potential multibaggers · Q2 FY27
Potential multibaggers in Commercial Services & Supplies
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Arthneeti Pro · Annual
Wework India Management Ltd and 15K+ more earnings calls,
for less than your morning chai
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Wework India Management Ltd Q3 FY26 results?
WeWork India plans to add approximately 30,000 seats in FY27 and similar levels in FY28, signaling strong space expansion. - Total capacity to increase to about 8.7 million sq. WeWork India projects continued strong business growth driven by expertise and brand strength, enabling winning most deals.
What is Wework India Management Ltd share price analysis?
Wework India Management Ltd currently shows a neutral. The stock trades at a P/E of 119.8 with a market cap of ₹10,362 Cr. Investors should review the full earnings analysis for detailed insights.
Is Wework India Management Ltd planning capital expenditure?
FY26 capex: INR 340 crores spent in 9 months; full year expected between INR 300-400 crores for speculative WeWork branded business.
Keep Wework India Management Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.