Awfis Space Solutions Ltd

NSE: AWFIS · Diversified Commercial Services · sector

Compare with peers

₹238.99NSE close 2026-10-27

Key numbers

Market cap₹1,710 cr

Price₹238.99

52w high / low₹639 / ₹229

P/E20.1xSector median 13.4x

P/B3.1xSector median 1.7x

Book value₹77.2

Dividend yield–Sector median 1.71%

ROE16.8%Sector median 5.0%

ROCE45.6%Sector median 8.1%

OPM37.0%Sector median 15.0%

Debt / equity0.09xSector median 0.07x

EV/EBITDA2.9xSector median 8.1x

Interest cover1.5x

Current ratio0.68x

Sales growth 3y–Sector median +12.9%

Profit growth 3y–Sector median +19.9%

PEG1.55x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 95 companies in Diversified Commercial Services (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹90 cr vs borrowings ₹51 cr (FY26): cash is higher (net cash).
Operating profit covered interest 1.5x in the last 12 months.
Operating cash flow was below net profit in 0 of the last 3 years.
Revenue was higher than a year earlier in 4 of the last 4 quarters.
Other income was 116% of net profit in the last 12 months.
No dividend in the last 3 financial years.
Price ₹238.99 on 2026-10-27: -62.6% from the 52-week high, +4.3% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹755.20 · low ₹235.59

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	292	318	340	335	367	382	410	425
EBITDA	124	108	116	127	132	139	152	162
OPM %	42.5%	34.0%	34.2%	37.8%	36.1%	36.5%	37.0%	38.2%
Other income	10	14	20	18	26	29	19	24
Net profit	39	15	11	10	16	22	23	24
EPS (₹)	5.55	2.15	1.58	1.40	2.24	3.03	3.25	3.35
Revenue YoY					+25.5%	+20.2%	+20.7%	+27.0%
Profit YoY					-58.7%	+42.7%	+107.0%	+140.1%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY24	FY25	FY26	TTM
Revenue	849	1,208	1,493	1,584
EBITDA	245	427	550	586
Net profit	-18	68	71	85
EPS (₹)	-2.79	9.75	9.93	11.87
Revenue growth		+42.3%	+23.7%	+23.3%
Profit growth		–	+4.4%	+13.0%
Dividend / share (₹)	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	–	–	+23.3%
Net profit	–	–	+13.0%
EPS	–	–	–
Share price	–	-43.9% (2y)	-62.1%

Balance sheet

₹ cr	FY24	FY25	FY26
Shareholders' equity	251	459	552
Borrowings	32	23	51
Cash & equivalents	5	82	90
Total assets	1,398	2,507	2,910
Fixed assets	914	508	634
Capital work in progress	8	16	12
Investments	0	0	0
Receivables	116	177	211
Inventory	0	0	1
Payables	131	201	308

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY24	FY25	FY26
Cash from operations	228	363	616
Cash from investing	-162	-203	-220
Cash from financing	-65	-124	-380
Capex	145	199	210
Free cash flow	83	163	406

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY24	FY25	FY26
ROE %	-7.0%	14.8%	12.8%
ROCE %	26.6%	42.4%	42.8%
Debtor days	50	54	52
Inventory days	0	1	8
Payable days	244	2,479	3,539
Cash conversion cycle (days)	-194	-2,424	-3,479
Working capital days	-69	-64	-76

Shareholding

Holder (% of shares)	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026	Change since Sep 2025
Promoters	17.01%	–	17.00%	17.00%	17.00%	-0.01 pts
FIIs	25.04%	–	26.36%	26.92%	25.37%	+0.33 pts
DIIs	41.18%	–	39.53%	38.51%	36.10%	-5.08 pts
of which Mutual funds	33.92%	–	35.49%	35.40%	32.82%	-1.10 pts
Public (non-institutions)	16.76%	–	17.12%	17.57%	21.53%	+4.77 pts
No. of shareholders	45,114	–	48,389	49,296	54,140	+20.0%

PromotersFIIsDIIsPublic (non-institutions)

Promoter group	%
Amit Ramani	16.79%
Moneesha Ramani	0.20%
Lakshmi Kewal Ramani	0.00%
Vipin Ramani	0.00%
Anya Ramani	0.00%
Prem Devnani	0.00%
Deepa Devnani	0.00%
Nitesh Devnani	0.00%
Kewal Ramani Bhagwan	0.00%
Alza Interiors Private Limited	0.00%
Learning Edge Academy of Professionals Private Limited	0.00%
BLR Investments	0.00%
Soar Ventures LLC	0.00%

Public holders above 1%	%
HDFC Small CAP Fund	9.79%
Bisque Limited	9.66%
Nippon Life India Trustee Ltd-a/c Nippon India Value Fund	6.26%
Bandhan Small CAP Fund	4.71%
Canara Robeco Mutual Fund A/C Canara Robeco Small CAP Fund	4.18%
Goldman Sachs Funds - Goldman Sachs India Equity Portfolio	3.06%
Peak XV Partners Investments V	2.68%
HSBC Mutual Fund - HSBC Flexi CAP Fund	2.59%
UTI Small CAP Fund	2.28%
Airavat Capital Trust - Airavat Capital Trust II	2.02%
Acacia Partners, LP	1.54%
Ashoka Whiteoak Icav - Ashoka Whiteoak India Opportunities Fund	1.21%
Kuwait Investment Authority Fund F238	1.21%
Acacia Conservation Fund LP	1.10%
Invesco India Infrastructure Fund	1.05%

54,140 shareholders. Pledged: – of promoter shares.

From the company's quarterly shareholding-pattern filings on the exchange (NSE/BSE), latest as of Sep 2026. "pts" = percentage points; the number of shareholders is as filed by the company. No filing on our file for Dec 2025 (shown as –).

Peers in Diversified Commercial Services

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
IGIL	₹16,964 cr	25.5x	9.7x	44.5%	51.7%	61.5%	–	1.90%
WEWORK	₹8,677 cr	99.5x	29.1x	28.3%	111.2%	64.6%	–	–
IBULLSLTD	₹7,224 cr	17.2x	2.3x	29.9%	–	–	+1,864.0%	–
NESCO	₹6,941 cr	16.7x	2.3x	14.8%	18.3%	50.8%	+19.5%	0.66%
NIRLON	₹5,680 cr	15.9x	12.1x	86.5%	29.8%	77.5%	+5.3%	4.12%
RENTOMOJO	₹5,587 cr	–	–	–	–	–	–	–
LEAPIND	₹5,452 cr	–	3.6x	–	–	–	–	–
SMARTWORKS	₹5,358 cr	192.2x	10.1x	5.2%	56.6%	64.2%	–	–
QUESS	₹4,830 cr	19.1x	4.1x	22.4%	27.2%	2.0%	-3.7%	–
AWFIS	₹1,710 cr	20.1x	3.1x	16.8%	45.6%	37.0%	–	–

All 95 companies in Diversified Commercial Services →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Co-working space on rent and allied services	₹1,237 cr	82.8%	₹88 cr	7.2%
Construction and fit-out projects	₹257 cr	17.2%	₹16 cr	6.2%
Others	₹0 cr	–	₹0 cr	–

Latest filings

2 Oct 2026
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Awfis Space Solutions Limited has informed the Exchange regarding Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
30 Sep 2026
Agreements
Awfis Space Solutions Limited has informed the Exchange about Agreements
23 Sep 2026
Press Release
Awfis Space Solutions Limited has informed the Exchange regarding the press release dated September 23, 2026, titled "Awfis Adds 1,00,000 Sq. Ft. of Premium Workspace with its New Elite Centre in Aerocity, New Delhi".
23 Sep 2026
Shareholders meeting
Awfis Space Solutions Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 21, 2026. Further, the company has informed the Exchange regarding voting results.
21 Sep 2026
Shareholders meeting
Awfis Space Solutions Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 21, 2026
7 Sep 2026
Analysts/Institutional Investor Meet/Con. Call Updates
Awfis Space Solutions Limited has informed the Exchange regarding Intimation of Schedule of Analyst / Institutional Investor meeting under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 …
1 Sep 2026
Analysts/Institutional Investor Meet/Con. Call Updates
Awfis Space Solutions Limited has informed the Exchange about Schedule of Analyst / Institutional Investor meeting.
27 Aug 2026
Updates
Awfis Space Solutions Limited has informed the Exchange regarding 'Letter to Shareholders Web link of the Annual Report for the Financial Year (FY) 2025-26'.
27 Aug 2026
Shareholders meeting
Awfis Space Solutions Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 21, 2026 along with the Annual Report for the financial year ended March 31, 2026.
19 Aug 2026
Analysts/Institutional Investor Meet/Con. Call Updates
Awfis Space Solutions Limited has informed the Exchange about Transcript
19 Aug 2026
Press Release
Awfis Space Solutions Limited has informed the Exchange regarding a press release dated August 19, 2026, titled "Awfis, in collaboration with Zinnov, launched the report - The Great Workplace Reset: How India GCCs are…
13 Aug 2026
Analysts/Institutional Investor Meet/Con. Call Updates
Awfis Space Solutions Limited has informed the Exchange about Audio Recording of Earnings Conference Call on the Unaudited (Standalone & Consolidated) Financial Results for the quarter ended June 30, 2026.
13 Aug 2026
Press Release
Awfis Space Solutions Limited has informed the Exchange regarding a press release dated August 13, 2026, titled "Awfis Space Solutions Reports Q1 FY27 Results".
13 Aug 2026
Change in Management
Awfis Space Solutions Limited has informed the Exchange about Re-appointment of the Internal Auditors of the Company.
13 Aug 2026
Investor Presentation
Awfis Space Solutions Limited has informed the Exchange about Investor Presentation

Filed by the company on NSE in the last 3 months (routine notices left out). The text under each title is a short extract of the company's own filing; the link opens the full original file on the NSE website. Fetched 27 Oct 2026.

Documents

Links go to the original files on the exchange website.

About the company

Real estate activities inter alia providing co-working space solutions: Real estate activities inter alia providing co-working space solutions, support service to organizations, office administrative and other business activities including organizing events, design and build etc.


Sector	Services
Industry	Diversified Commercial Services
Sub-industry	Diversified Commercial Services
Symbol	AWFIS
BSE code	544181
ISIN	INE108V01019
Face value	₹10.0
Incorporated	2014-12-17
Website	https://www.awfis.com
Plants (India / abroad)	0 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-27.