Smartworks Coworking Spaces Ltd
Unaudited (Standalone and Consolidated) Financial Results of the Company for the Quarter ended June 30, 2026
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 22 Jul 2026, 12:07 PM IST · BSE ID: 363c90bd-c933-42c5-87d1-167bef542d63
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported its first quarter financial results for the current financial year, showing revenue and profit.
🤖 AI Summary
- Smartworks Coworking Spaces Ltd approved unaudited Q1 FY27 standalone and consolidated financial results.
- Standalone revenue from operations was Rs. 5,277.13 million for the quarter ended June 30, 2026.
- Standalone profit for the period reached Rs. 102.76 million for the quarter ended June 30, 2026.
- Equity shares of the company were listed on NSE and BSE on July 17, 2025, following the IPO.
- IPO proceeds of Rs. 3,747.88 million have been utilized as of June 30, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Revenue from operations Q1 FY27
5,277.13 million
44.66
Standalone Profit for the period Q1 FY27
102.76 million
Not comparable — limited prior period data.
Standalone Basic Earnings per share Q1 FY27
0.90
Not comparable — limited prior period data.
Unutilized IPO Proceeds (as of June 30, 2026)
702.12 million
🏢 How This Affects the Company
The company's core business of developing and licensing fully serviced office spaces generated Rs. 5,277.13 million in revenue from operations for the quarter.
The company reported a standalone profit of Rs. 102.76 million for the quarter, contributing to its earnings. IPO proceeds totaling Rs. 702.12 million remain unutilized as of June 30, 2026.
Utilization of IPO proceeds for capital expenditure on fit-outs in new centers amounted to Rs. 1,596.54 million, indicating expansion activities.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected as these results provide an update on the company's financial performance. Basic earnings per share for Q1 FY27 stood at Rs. 0.90.
🔍
Management Signal
The approval of these results indicates management's commitment to regular financial disclosures and utilizing IPO proceeds for stated objectives.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — observe revenue and profit trends.
Updates on IPO proceeds utilization, especially for capital expenditure.
Any announcements regarding new center expansions or operational growth.
MEDIUM RISK
Sequential decline in profit despite revenue growth and unutilized IPO funds require monitoring.
💡 Investor Takeaway
Smartworks Coworking Spaces Ltd reported standalone Q1 FY27 revenue from operations of Rs. 5,277.13 million and a profit of Rs. 102.76 million. This marks an increase in revenue and a shift from loss to profit compared to Q1 FY26.
⚖️ Strengths & Concerns
✅ Positives
- Standalone revenue from operations increased to Rs. 5,277.13 million in Q1 FY27 from Rs. 3,647.85 million in Q1 FY26.
- Standalone profit for the period improved to Rs. 102.76 million in Q1 FY27 from a loss of Rs. (45.02) million in Q1 FY26.
⚠️ Concerns
- Standalone profit for the period of Rs. 102.76 million in Q1 FY27 is lower than Rs. 150.18 million reported in Q4 FY26.
- Unutilized IPO proceeds of Rs. 702.12 million remain as of June 30, 2026, including Rs. 661.86 million for capital expenditure.
📅 Company Track Record
Smartworks Coworking Spaces Limited recently listed, with its IPO completing during FY26 and equity shares listed on July 17, 2025. This is the first formal quarterly financial disclosure for the current financial year post-listing. The company reported record FY26 revenue of ₹17,960.11 million and a profit of ₹70.13 million.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Smartworks Coworking's standalone revenue in Q1 FY27?
Smartworks Coworking Spaces Limited reported standalone revenue from operations of Rs. 5,277.13 million for the quarter ended June 30, 2026.
What was the standalone profit for Smartworks Coworking in Q1 FY27?
The standalone profit for the period for Smartworks Coworking Spaces Limited was Rs. 102.76 million for the quarter ended June 30, 2026.
When did Smartworks Coworking's equity shares get listed?
Smartworks Coworking Spaces Limited's equity shares were listed on the National Stock Exchange of India Limited and BSE Limited on July 17, 2025, following its IPO.
How much of Smartworks Coworking's IPO proceeds remain unutilized?
As of June 30, 2026, Rs. 702.12 million of Smartworks Coworking Spaces Limited's IPO proceeds remain unutilized.
What were Smartworks Coworking's basic earnings per share for Q1 FY27?
Smartworks Coworking Spaces Limited reported a standalone basic earnings per share of Rs. 0.90 for the quarter ended June 30, 2026.
Questions based on this BSE filing only. For information purposes.