Smartworks Coworking Spaces (SMARTWORKS) — Announcement

📢 Key Event
Smartworks announces INR 235 crore incremental contracted rental revenue from enterprise expansions

🔄 What Changed
Incremental revenue of INR 235 crore added to existing INR 5,400 crore contracted rental revenue base

🔮 What's Next
expansion pipeline secured through FY27 and FY28, partially for FY29

💡 Investor Takeaway
This growth validates Smartworks' scalable enterprise model and strengthens its position as a preferred managed workspace partner for large organizations.

Smartworks Coworking Spaces Limited announced approximately INR 235 crore in incremental contracted rental revenue from enterprise expansions, building on its INR 5,400 crore contracted rental revenue base as of June 30, 2026. The press release highlights growth driven by Fortune 500 and Forbes 2000 clients across multiple cities, with ~92% of revenue from enterprise clients and ~35% from multi-city operations. The company emphasizes structural shifts in India's office market favoring managed workspace solutions and confirms secured expansion pipelines through FY28. This development underscores Smartworks' scalable model and strategic positioning in high-demand business locations.

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About Smartworks Coworking Spaces Limited (SMARTWORKS)

Services · Co-Working · Listed on NSE

Market Cap: ₹6,170.15 Cr P/E: 221.3 ROE: 25.8% ROCE: 82.6%

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🔥 Also filed on 24 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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