Smartworks Coworking SP L
NSE: SMARTWORKS · Diversified Commercial Services · sector
Board meeting for results: 30 Oct 2026 (NSE event calendar; dates can change) · all upcoming results
Key numbers
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 ₹236 cr vs borrowings ₹207 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 1.1x in the last 12 months.
- Net loss in 2 of the last 5 quarters.
- Other income was 211% of net profit in the last 12 months.
- No dividend in the last 1 financial years.
- Price ₹468.95 on 2026-10-27: -24.2% from the 52-week high, +29.7% 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
Quarterly results
| ₹ cr | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 379 | 425 | 472 | 520 | 546 |
| EBITDA | 241 | 270 | 306 | 338 | 346 |
| OPM % | 63.6% | 63.6% | 64.7% | 65.1% | 63.3% |
| Other income | 9 | 16 | 16 | 13 | 13 |
| Net profit | -4 | -3 | 1 | 17 | 13 |
| EPS (₹) | -0.41 | -0.27 | 0.11 | 1.45 | 1.15 |
| Revenue YoY | +44.0% | ||||
| Profit YoY | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY26 | TTM |
|---|---|---|
| Revenue | 1,796 | 1,963 |
| EBITDA | 1,155 | 1,260 |
| Net profit | 11 | 28 |
| EPS (₹) | 0.95 | 2.44 |
| Dividend / share (₹) | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | -14.7% |
Balance sheet
| ₹ cr | FY26 |
|---|---|
| Shareholders' equity | 531 |
| Borrowings | 207 |
| Cash & equivalents | 236 |
| Total assets | 6,464 |
| Fixed assets | 1,523 |
| Capital work in progress | 56 |
| Investments | 2 |
| Receivables | 39 |
| Inventory | 0 |
| Payables | 192 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY26 |
|---|---|
| Cash from operations | 1,197 |
| Cash from investing | -501 |
| Cash from financing | -621 |
| Capex | 388 |
| Free cash flow | 809 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY26 |
|---|---|
| ROE % | 2.0% |
| ROCE % | 51.5% |
| Debtor days | 8 |
| Inventory days | 0 |
| Payable days | 8,950 |
| Cash conversion cycle (days) | -8,942 |
| Working capital days | -185 |
Shareholding
| Holder (% of shares) | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Change since Sep 2025 |
|---|---|---|---|---|---|---|
| Promoters | 58.18% | – | 58.32% | 58.32% | 58.26% | +0.08 pts |
| FIIs | 0.92% | – | 0.15% | 0.28% | 0.35% | -0.57 pts |
| DIIs | 9.03% | – | 9.06% | 8.92% | 9.08% | +0.05 pts |
| of which Mutual funds | 3.33% | – | 3.15% | 3.02% | 4.13% | +0.80 pts |
| of which Insurance | 1.31% | – | 1.51% | 1.40% | 0.93% | -0.38 pts |
| Public (non-institutions) | 31.86% | – | 32.46% | 32.48% | 32.30% | +0.44 pts |
| No. of shareholders | 24,158 | – | 20,825 | 20,263 | 19,307 | -20.1% |
| Promoter group | % |
|---|---|
| NS Niketan LLP | 36.99% |
| SNS Infrarealty LLP | 21.19% |
| Neetish Sarda | 0.04% |
| Harsh Binani Huf | 0.03% |
| Neeta Sarda | 0.01% |
| Harsh Binani | 0.00% |
| Saumya Binani | 0.00% |
| Ghanshyam Sarda | 0.00% |
| Kishore Binani | 0.00% |
| Namrata Rahul Kothari | 0.00% |
| Shanaya Binani | 0.00% |
| Shivaay Sarda | 0.00% |
| Uma Binani | 0.00% |
| Alka Aggarwal | 0.00% |
| Diwakar Aggarwal | 0.00% |
| Public holders above 1% | % |
|---|---|
| Space Solutions India Pte. Ltd. | 14.89% |
| Mahima Stocks Private Limited | 3.73% |
| Tata Mutual Fund - Tata Small Cap Fund | 1.90% |
| Ananta Capital Ventures Fund 1 | 1.87% |
| Jagdish Naresh Master | 1.05% |
19,307 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% | – |
| INOXGREEN | ₹4,392 cr | 35.2x | 2.6x | 6.6% | 10.5% | 9.9% | +3.4% | – |
Latest filings
- General Updates
Smartworks Coworking Spaces Limited has informed the Exchange about General Updates - Intimation regarding e-filing of application in Form RSC-1 with the Hon ble National Company Law Tribunal for Reduction of Share…
- Analysts/Institutional Investor Meet/Con. Call Updates
Smartworks Coworking Spaces Limited has informed the Exchange about Schedule of meet
- Updates
Smartworks Coworking Spaces Limited has informed the Exchange regarding 'Press Release - "Smartworks Announces Managed office Deals Worth -INR 305 Crore from New Clients".'.
- Change in Director(s)
Smartworks Coworking Spaces Limited has informed the Exchange regarding Change in Director(s) of the company.
- Shareholders meeting
Smartworks Coworking Spaces Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 22, 2026. Further, the company has informed the Exchange regarding voting results.
- Shareholders meeting
Smartworks Coworking Spaces Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 22, 2026
- Analysts/Institutional Investor Meet/Con. Call Updates
Smartworks Coworking Spaces Limited has informed the Exchange about Schedule of meet
- General Updates
Intimation under Reg 30 and 36(1)(b) of SEBI Listing Regulations with respect to letters providing weblink for accesing Annual Report and Notice of 11th AGM for Financial Year 2025-26
- General Updates
Smartworks Coworking Spaces Limited has informed the Exchange about Business Responsibility and Sustainability Report for the Financial Year 2025-26
- Shareholders meeting
Smartworks Coworking Spaces Limited has informed the Exchange regarding Notice & Annual Report of the Company for the Financial Year 2025-26
- Outcome of Board Meeting
Smartworks Coworking Spaces Limited has informed the Exchange regarding Outcome of Board Meeting held on August 24, 2026.
- Other Restructuring
Smartworks Coworking Spaces Limited has informed the Exchange about Other Restructuring
- Change in Director(s)
Smartworks Coworking Spaces Limited has informed the Exchange regarding Change in Director(s) of the company.
- Updates
Smartworks Coworking Spaces Limited has informed the Exchange regarding 'Smartworks Announces INR 235 Crore in Incremental Contracted Rental Revenue Driven by Enterprise Expansions'.
- Capacity addition
Smartworks Coworking Spaces Limited has informed the Exchange about Capacity addition
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
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Support services to Organisation: Other support services to organizations
| Sector | Services |
| Industry | Diversified Commercial Services |
| Sub-industry | Diversified Commercial Services |
| Symbol | SMARTWORKS |
| BSE code | 544447 |
| ISIN | INE0NAZ01010 |
| Face value | ₹10.0 |
| Incorporated | 2015-12-17 |
| Website | https://www.smartworksoffice.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-27.