| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 591 | 425 | +39.2% |
| EBITDA | 378 | 270 | +39.8% |
| EBITDA margin | 63.9% | 63.6% | +0.3 pts |
| Profit before tax | 34.9 | −4.4 | — |
| Net profit | 25.6 | −3.1 | — |
| EPS | ₹2.24 | −₹0.27 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 |
|---|
| 5,536 | — | |
| 120 | 87.9 | |
| 207 | 207 | |
| 5,623 | — | |
| 2,129 | 1,796 | |
| 1,367 | 1,155 | |
| 64.2% | 64.3% | |
| 405 | 326 | |
| 56.7 | 10.5 | |
| 2.7% | 0.6% | |
| ₹4.96 | ₹0.92 | |
| — | 1,197 | |
| — | −388 | |
| 809 | 809 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|
| Market Capitalization | — | 5,536.0 | |
| - Cash, Equiv & ST Investments | 87.9 | 120.3 | |
| + Total Debt | 207.0 | 207.0 | |
| Enterprise Value | — | 5,622.7 | |
| Revenue | 1,795.8 | 2,129.4 | |
| EBITDA | 1,155.1 | 1,367.5 | |
| Margin % | 64.32 | 64.22 | |
| EBIT | 325.9 | 405.4 | |
| Net Income | 10.5 | 56.7 | |
| Margin % | 0.59 | 2.66 | |
| EPS, Adj (current shares) | 0.92 | 4.96 | |
| Cash from Operations | 1,197.2 | — | |
| Capital Expenditures | -388.0 | — | |
| Free Cash Flow | 809.2 | 809.2 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Smartworks Coworking Spaces (NSE: SMARTWORKS) had a market capitalisation of ₹5,496 crore at the 30 October 2026 close (₹480.50 a share), a PE ratio of 97.0 on the last four quarters' profit and a price-to-book ratio of 9.63. In FY26 its consolidated net profit was ₹10.5 crore on revenue of ₹1,796 crore; in Q2 FY27 (July–September 2026) it was ₹25.6 crore. Its debt-to-equity ratio was 0.41 on 30 September 2026. Promoters held 58.26% of the shares on 30 September 2026.
Smartworks Coworking Spaces' PE ratio is 97.0 at the 30 October 2026 close (₹480.50 a share): a market capitalisation of ₹5,496 crore divided by consolidated net profit of ₹56.7 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹10.5 crore) it is 522.0.
Smartworks Coworking Spaces' price-to-book (PB) ratio is 9.63 at the 30 October 2026 close: a market capitalisation of ₹5,496 crore divided by shareholders' equity (book value) of ₹571 crore on 30 September 2026. That is a book value of ₹49.92 per share against a share price of ₹480.50.
Smartworks Coworking Spaces' net worth — shareholders' equity in its consolidated balance sheet — was ₹571 crore on 30 September 2026, up 12.1% from ₹509 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹5,496 crore at the 30 October 2026 close.
Smartworks Coworking Spaces' market capitalisation was ₹5,496 crore at the 30 October 2026 close: 11.44 crore shares at ₹480.50 each.
No. Smartworks Coworking Spaces had borrowings of ₹234 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.41. Its cash and current investments were ₹132 crore, so its net debt was ₹102 crore.
Smartworks Coworking Spaces' debt-to-equity ratio was 0.41 on 30 September 2026: borrowings of ₹234 crore against total equity of ₹571 crore. A year earlier, on 30 September 2025, it was 0.50.
Smartworks Coworking Spaces' book value per share was ₹49.92 on 30 September 2026: shareholders' equity of ₹571 crore divided by the 11.44 crore shares in issue, up 12.0% from ₹44.58 a year earlier. The share price at the 30 October 2026 close was ₹480.50.
Promoters held 58.26% of Smartworks Coworking Spaces on 30 September 2026, down 0.06 percentage points from 58.32% the previous quarter and up 0.08 percentage points from 58.18% a year earlier, according to the shareholding pattern filed with NSE.
Smartworks Coworking Spaces' latest results are for Q2 FY27 (July–September 2026), filed on 30 October 2026: consolidated net profit ₹25.6 crore, against a loss of ₹3.1 crore in Q2 FY26; revenue from operations ₹591 crore, up 39.2% year on year.
Smartworks Coworking Spaces' basic earnings per share (EPS) were ₹0.95 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹4.95.
In FY26, Smartworks Coworking Spaces generated ₹1,197 crore of cash from operations and spent ₹388 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹809 crore.
In FY26 (April 2025–March 2026), Smartworks Coworking Spaces' consolidated net profit was ₹10.5 crore, on revenue from operations of ₹1,796 crore.
On 30 September 2026, Smartworks Coworking Spaces' shares were held by promoters 58.26%, foreign portfolio investors (FII/FPI) 0.35%, domestic institutions (DII) 9.08% (including mutual funds at 4.13%) and retail and other non-institutional investors 32.30%. Over the year, FII holding was down 0.57 percentage points from 0.92% and DII holding was up 0.05 percentage points from 9.03%.
On FY26 consolidated figures, against Awfis Space Solutions, Samhi Hotels and RattanIndia Enterprises: Smartworks Coworking Spaces' operating margin of 18.2% is the second highest of the four (Awfis Space Solutions 11.1%, Samhi Hotels 24.4%, RattanIndia Enterprises −1.3%; peer average 11.4%).
In FY26, Smartworks Coworking Spaces earned net profit of ₹10.5 crore on revenue of ₹1,796 crore, against ₹70.9 crore on ₹1,493 crore for Awfis Space Solutions. Smartworks Coworking Spaces' operating margin was 18.2% (Awfis Space Solutions 11.1%). At the 30 October 2026 close, Smartworks Coworking Spaces' market capitalisation was ₹5,496 crore against ₹1,674 crore for Awfis Space Solutions, and its PE ratio on FY26 profit 522.0 against 23.6.
Smartworks Coworking Spaces has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
From Smartworks Coworking Spaces' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.