544447
SMARTWORKS COWORKING SPACES LTD
BSELast Traded Price
₹433.55
-17.75 (-3.93%)
Open
₹456.85
High
₹460.45
Low
₹431.60
Prev Close
₹451.30
Industry
Services
Market Cap
4,953.83 Cr
Filing History
Recent corporate announcements and filings for 544447
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.