Business Update Positive

2026-07-13 07:55

- Order Win: Smartworks Coworking Spaces Limited leased over 930 seats to an Indian subsidiary of a UK-headquartered global professional services and technology firm in Pune. - Order Value: The new 60-month engagement is expected to generate a committed rental revenue of ~INR 58 Crore. - Total Client Commitment: Including this new lease, the client's total seat count with Smartworks exceeds 1,730 seats, with a combined expected rental commitment of ~INR 102 Cr.

Governance Neutral

2026-07-11 17:07

- The Board Meeting will be held on July 22, 2026. - Purpose: To consider and approve Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. - An Investor/Analyst meet will be held on the same day to discuss the results.

Routine Neutral

2026-07-07 22:29

New Filing detected. See link for details.

Business Update Positive

2026-07-07 07:32

- Smartworks Coworking Spaces Limited completed the acquisition of Singapore-based Workstudio Spaces. - This acquisition adds over 45 clients, expanding the company's Singapore portfolio to ~76,000 sq ft with a seating capacity of over 1,500. - Management views this as a strategic step to meet demand and accelerate growth in Singapore.

Business Update Positive

2026-07-07 07:25

- Smartworks announced the completion of capacity addition through its subsidiary's acquisition of WorkStudio Spaces Pte. Ltd. on July 06, 2026. - Approximately 26,000 Sq Ft of capacity was added, expanding Smartworks' Singapore portfolio to ~76,000 sq ft. - This expansion strengthens the company's presence in Singapore and supports long-term growth in Asia. - No direct investment was made by the Company for this capacity addition.

Business Update Positive

2026-07-07 07:03

- Smartworks completed the acquisition of WorkStudio Spaces Pte. Ltd. (Singapore) for 2.47 Million SGD on July 06, 2026. - WorkStudio is now a step-down Wholly Owned Subsidiary, expanding Smartworks' flex space portfolio in Singapore to ~76,000 sq. ft.

Governance Positive

2026-06-29 08:15

- Smartworks announced the strengthening of its Board with new independent director appointments on June 29, 2026. - Mr. Rajeev Krishnamuralilal Agarwal appointed as an Additional Non-Executive and Independent Director. - Justice (Retd.) Dilip Deshmukh recommended for appointment as a Non-Executive and Independent Director, subject to shareholder approval. - These appointments aim to enhance the company's governance framework with expertise in capital markets, financial regulation, and corporate adjudication.

Routine Neutral

2026-06-26 19:21

- Trading window closed from July 01, 2026. - It will reopen 48 hours after the declaration of Q1 FY2027 financial results (quarter ended June 30, 2026).

Business Update Positive

2026-06-25 20:58

- Smartworks announced the acquisition of Workstudio Spaces Pte. Ltd., a Singapore-based flexible workspace provider. - This acquisition is set to more than double Smartworks' Singapore footprint to ~76,000 sq. ft. and over 1,500 seating capacity within two years. - The transaction is expected to be completed in July 2026.

Governance Positive

2026-06-25 18:41

- Board of Directors meeting on June 25, 2026, approved the recommendation for appointment of two Non-Executive and Independent Directors. - Mr. Dilip Deshmukh (former Chairman of CLB/NCLT) and Mr. Rajeev Krishnamuralilal Agarwal (former Whole Time Member of SEBI) are appointed for a term of three consecutive years.

Business Update Positive

2026-06-25 18:33

- Smartworks' wholly-owned subsidiary to acquire WorkStudio Spaces Pte. Ltd., adding ~26,000 Sq. Ft. capacity in Singapore. - Expected completion by July 2026. - Will double Singapore footprint to ~76,000 sq. ft. across four centres, enhancing market presence and supporting growth in Asia. - No direct investment by the parent company.

Business Update Positive

2026-06-25 18:24

- Smartworks Coworking Spaces Ltd. (via its wholly-owned subsidiary) is acquiring WorkStudio Spaces Pte. Ltd., Singapore. - This acquisition aims to strengthen Smartworks' presence in Singapore, expanding its coworking portfolio to four centers with ~76,000 sq. ft., doubling its footprint. - The transaction, valued for cash, is expected to be completed by July 2026, resulting in 100% ownership. - WorkStudio Spaces Pte. Ltd. provides flexible workspace solutions and had a turnover of INR 5.09 Crores from incorporation (Nov 2024) to March 31, 2026. - The acquisition is a related party transaction, stated to be at an "arm length's basis".

Routine Neutral

2026-06-15 19:26

- Intimation of change in Registrar and Share Transfer Agent (RTA) for Smartworks Coworking Spaces Limited. - CB Management Services Private Limited has amalgamated with MUFG Intime India Private Limited. - MUFG Intime India Private Limited will now act as the RTA, effective from May 8, 2026.

Business Update Positive

2026-06-15 08:05

- Smartworks expanded in Singapore, adding over 15,000 sq. ft. at Manulife Tower, bringing its total Singapore footprint to over 50,000 sq. ft. - The company reported record FY26 revenue of ₹1,796 Cr (▲31% YoY) and its first full year of PAT profitability.

Business Update Positive

2026-06-08 10:52

- Smartworks Coworking Spaces Limited leased over 400 seats to a Japanese NBFC subsidiary in Mumbai for a five-year tenure. - This engagement is estimated to generate rental revenue of approximately ₹35 Crore.

Business Update Neutral

2026-06-05 18:54

- Concall Schedule - Concall Date: 10th June 2026 - Concall Time: 2:30 PM (IST) - The company's representatives will participate in a virtual group meeting with Choice Institutional Equities. - No Unpublished Price Sensitive Information (UPSI) is intended to be discussed.

Routine Neutral

2026-05-29 17:37

Smartworks Coworking Spaces Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, on May 29, 2026. The report, issued by M/s. SBYN & Associates LLP, confirmed the company's compliance with applicable SEBI Regulations, circulars, and guidelines. It explicitly stated no resignations of statutory auditors from the listed entity or its material subsidiaries, and no actions taken by SEBI or Stock Exchanges against the company during the review period.

Business Update Positive

2026-05-28 21:51

CARE Ratings Limited has reaffirmed the credit ratings for Smartworks Coworking Spaces Limited's long-term bank facilities at 'CARE A; Stable' and short-term bank facilities at 'CARE A1'. The reaffirmation reflects continued improvement in scale of operations, healthy occupancy levels, and an improved financial risk profile post a successful IPO. The company achieved a net profit of ₹10.53 crore in FY26, a significant improvement from a loss of ₹63.18 crore in FY25, with overall gearing improving to 9.28x from 39.89x in FY25.

Business Update Positive

2026-05-27 14:47

Smartworks Coworking Spaces Limited announced on May 27, 2026, it has strengthened its presence in Bengaluru by leasing approximately 4.92 lakh sq. ft. of office space at Sattva Aura on the Outer Ring Road. This expansion adds to its large-format managed campuses, supporting enterprise clients. The company also highlighted FY26 revenues of ₹1,796 crore (up 31% YoY) and achieving an operational portfolio exceeding 10 million sq. ft. as of March 31, 2026.

Business Update Positive

2026-05-27 14:34

Smartworks Coworking Spaces Limited has added 4,92,661 Sq. Ft to its existing capacity in Bengaluru within May 2026. This expansion, costing approximately ₹70 Crores and financed through internal accruals or issue proceeds, is intended to support business growth and expand the company's operational footprint.

Business Update Positive

2026-05-20 22:18

Smartworks Coworking Spaces Limited has added 4,02,200 Sq. Ft to its existing capacity in Gurugram. This expansion involves an investment of approximately INR 60.00 Crores, to be financed through internal accruals or issue proceeds, and is targeted for completion within May 2026. The move aims to support business growth and expand the company's operational footprint.

Business Update Neutral

2026-05-19 16:33

Smartworks Coworking Spaces Limited announced that its representatives will participate in meetings with Centrum Broking Limited on May 22, 2026 (virtual group meeting) and Ambit Capital Private Limited on May 26, 2026 (in-person group/one-on-one meeting in Mumbai). The company reiterated that no Unpublished Price Sensitive Information (UPSI) will be discussed during these interactions.

Business Update Neutral

2026-05-06 17:17

Smartworks Coworking Spaces Limited announced the availability of the transcript from its analyst meet held on April 30, 2026. The meet discussed the Audited (Standalone and Consolidated) Financial Statements/Results for the Quarter and Financial Year ended March 31, 2026. The transcript is available on the company's website for information and records.

Business Update Neutral

2026-04-30 19:16

Smartworks Coworking Spaces Limited announced the availability of the audio recording of its analyst meet, held on April 30, 2026. The meet discussed the Audited Standalone and Consolidated Financial Statements/Results for the quarter and financial year ended March 31, 2026. The recording can be accessed on the company's website.

Financials Positive

2026-04-30 13:11

Smartworks Coworking Spaces Limited reported its first full year of PAT profitability in FY26, achieving a net profit of ₹10 crore, a significant improvement from a loss of ₹63 crore in FY25. The company also announced crossing 10 million square feet of operational area and achieving contracted rental revenue exceeding INR 5,200 Cr+.

Financials Neutral

2026-04-30 13:06

Smartworks Coworking Spaces Limited has announced the presentation of its Audited Standalone & Consolidated Financial Statements/Results for the quarter and financial year ended March 31, 2026. The presentation is attached to the filing and also available on the company's website. The financial performance figures are not detailed in the provided document pages.

Financials Neutral

2026-04-30 12:37

The Board of Smartworks Coworking Spaces Limited approved the Audited Standalone and Consolidated Financial Statements/Results for the quarter and financial year ended March 31, 2026. Statutory Auditors, Deloitte Haskins & Sells LLP, issued unmodified audit reports on both Standalone and Consolidated results. The Consolidated Financial Results table was not provided in the filing.

Financials Positive

2026-04-30 11:24

Smartworks reported strong Q4 FY26 consolidated results with Revenue from operations at ₹520 Cr (▲45% YoY) and Normalised EBITDA at ₹99 Cr (▲71% YoY). PAT for the quarter was ₹17 Cr, marking the second consecutive quarter of profitability. EBITDA Margin expanded 290 bps YoY to 19.0%.

Financials Neutral

2026-04-30 10:50

The Board of Directors of Smartworks Coworking Spaces Limited met on April 30, 2026, and approved the Audited Standalone and Consolidated Financial Statements/Results for the quarter and financial year ended March 31, 2026. The Statutory Auditors, Deloitte Haskins & Sells LLP, have issued an unmodified opinion on these financial results.

Financials Neutral

2026-04-27 20:11

Smartworks announces an investor and analyst conference call on April 30, 2026, at 4:00 PM (IST) to discuss Q4 FY26 and year-ended March 31, 2026, performance and business updates.

Financials Neutral

2026-04-27 20:02

Smartworks Coworking Spaces Limited announced that a Board Meeting will be held on April 30, 2026, to consider and approve the Audited Financial Statements/Results for the quarter and financial year ended March 31, 2026. The trading window is closed.

Business Update Positive

2026-04-21 08:29

Smartworks announced it's the first listed flex space provider in India to cross 10 million sq. ft. operational portfolio. Q3 FY26 revenue grew ~34% YoY to ~₹472 Cr, with mature centers at ~93% committed occupancy, positioning the business for sustained growth.

Business Update Positive

2026-04-06 08:11

Smartworks expanded its multi-city managed office deal with a Forbes 2000 global CX leader, adding 1,150 seats in Mumbai. The client portfolio now spans four cities with over 5,000 seats, with expected rental revenue from all locations exceeding INR 155 Cr, including INR 51 Cr from the new Mumbai deal.

Business Update Positive

2026-04-01 20:20

Smartworks Coworking Spaces Limited announced a capacity addition in Hyderabad, leasing 1,25,906 Sq. Ft. for approx. INR 17.00 Crores. This expansion, set to be operational by April 2026, will increase the company's operational footprint and support business growth.

Ownership Positive

2026-04-01 08:05

Promoters Neetish Sarda, Harsh Binani, and SNS Infrarealty LLP acquired a total of 70,742 equity shares (representing less than 2% of total shareholding) of Smartworks Coworking Spaces Limited from the open market between March 20th and March 30th, 2026.

Routine Neutral

2026-03-24 15:20

Smartworks Coworking Spaces Limited announced the closure of its trading window from April 01, 2026, until 48 hours after the declaration of audited financial results for the quarter and year ended March 31, 2026, to prevent insider trading.

Ownership Positive

2026-03-23 14:28

Smartworks' promoter, SNS Infrarealty LLP, acquired 75,000 equity shares (0.07% of total) via open market purchase between March 16-20, 2026. This voluntary disclosure highlights promoter confidence.

Ownership Positive

2026-03-16 08:14

SNS Infrarealty LLP, a promoter of Smartworks Coworking Spaces Limited, acquired 25,000 equity shares (0.02% stake) from the open market on March 12th & 13th, 2026. This voluntary disclosure reflects a promoter's open market purchase.

Business Update Neutral

2026-03-09 19:14

Smartworks Coworking Spaces Limited announced a physical project/centre visit for analysts and investors at Smartworks Vaishnavi Tech Park, Bengaluru, on March 12, 2026. The company stated that no Unpublished Price Sensitive Information (UPSI) is intended to be discussed during the interactions.

Business Update Neutral

2026-03-05 19:16

Smartworks Coworking Spaces Limited announced participation in the Investec India Promoter & Founder Conference 2026 on March 10, 2026, for group/one-on-one meetings with analysts/institutional investors. No Unpublished Price Sensitive Information is intended to be discussed.

Business Update Positive

2026-02-26 09:17

Smartworks is adding 1,49,560 Sq. Ft. of operational capacity in Jaipur through a new lease deed. This expansion, costing approx. INR 25.00 Crores, is expected to support business growth and will be operational by April 2026.

Business Update Neutral

2026-02-19 12:01

Smartworks Coworking Spaces Limited announced its participation in IIFL's 17th Enterprising India Global Investors' Conference on February 25, 2026, in Mumbai. The company will hold in-person group/one-on-one meetings, assuring no Unpublished Price Sensitive Information will be discussed.

Routine Neutral

2026-02-12 11:17

New Filing detected. See link for details.

Business Update Positive

2026-02-11 14:28

Smartworks announced a capacity addition in Mumbai of 1,82,300 Sq. Ft. via a lease deed. The expansion, costing approx. INR 25.00 Crores, is for business growth and operational footprint expansion, to be completed by February 2026.

Business Update Positive

2026-02-11 14:17

Smartworks announced on Feb 11, 2026, a new lease of 182,300 sq. ft. at The Square in Mumbai, expanding its total footprint in the city to over 2 million sq. ft. This strategic expansion further strengthens its managed office platform.

Business Update Neutral

2026-02-06 18:59

Smartworks Coworking Spaces Limited will participate in investor meetings on February 12, 2026 (Axis Capital Conference) and February 24, 2026 (Kotak Securities Conference) in Mumbai. No Unpublished Price Sensitive Information will be discussed.

Financials Neutral

2026-01-22 21:14

Smartworks Coworking Spaces Limited announced the availability of the transcript for the analyst meet held on January 16, 2026, discussing the unaudited financial results for the quarter ended December 31, 2025, on the company's website.

Financials Neutral

2026-01-16 16:13

Smartworks Coworking Spaces Limited disclosed an audio recording of a discussion on its unaudited financial results for the quarter ended December 31, 2025. The analyst meet was held on January 16, 2026.

Financials Neutral

2026-01-16 13:13

Smartworks Coworking Spaces Limited disclosed a Monitoring Agency Report for the quarter ended December 31, 2025, related to their IPO of Rs. 445 crore. The report, issued by CARE Ratings Limited, confirms no deviation from IPO objects.

Financials Neutral

2026-01-16 07:38

Smartworks Coworking Spaces Limited disclosed a shareholders' letter and results for Q3 FY26 on January 16, 2026. The filing is a regulatory disclosure under SEBI regulations.

Financials Positive

2026-01-16 01:03

Smartworks released unaudited financial results for the quarter ended December 31, 2025. Revenue increased to INR 4,721 Mn, with a positive IndAS PAT of INR 12 Mn. Leased SBA is 15.3 Msf with 92% committed occupancy.

Financials Positive

2026-01-15 19:54

Smartworks reported strong Q3 FY26 results with revenue of ₹472 crore (up 34% YoY) and normalised EBITDA of ₹85 crore (margin expansion to ~18%). The company is transitioning into a compounding phase with a net-debt negative balance sheet.

Financials Neutral

2026-01-15 19:44

Smartworks Coworking Spaces reported unaudited standalone & consolidated financial results for the quarter ended December 31, 2025. Revenue from operations stood at ₹4,773.87 million (standalone) and ₹4,881.46 million (consolidated).

Financials Neutral

2026-01-15 18:41

Smartworks Coworking Spaces Ltd. announced its Unaudited Financial Results for the quarter ended December 31, 2025, approved by the Board on January 15, 2026. The results were reviewed by the Audit Committee.

544447

SMARTWORKS COWORKING SPACES LTD

Price Chart

Filing History

Unlock Full History