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Founded in 2015, Smartworks Coworking Spaces Limited is India�s largest managed office operator, providing customized, tech-enabled workspaces for mid-to-large enterprises by transforming bare-shell properties into fully serviced campuses.
Smartworks completed sending AGM notices & FY25-26 Annual Reports (via weblink) to shareholders without registered emails. Important info for the upcoming meeting is now accessible to all investors.
Smartworks submitted its FY26 Business Responsibility and Sustainability Report, highlighting ESG commitment across 52 national and 2 international units. The company is investing in a 9.9 MWp solar project and IoT-based efficiency, reporting no material fines and reduced worker injury rates.
The Board approved using INR 385.62 Cr from its Securities Premium Account to eliminate accumulated losses, aiming for a true financial view. It also proposed the appointment of two new independent directors.
Smartworks expands into Delhi NCR's Aerocity with a new ~1.41 Lakh Sq. Ft. managed office. This strategic move strengthens its footprint for MNCs. Q1 FY27 revenue reached ₹546 Cr, up 44% YoY, with ₹5,400 Cr multi-year contracted rental revenue.
Smartworks reported strong Q1 results: Revenue rose 44% to ₹546 Cr; Normalised PAT nearly tripled to ₹39 Cr. Secured ₹5,400 Cr in contracted revenue, reiterating full-year guidance. Building the world's largest managed office campus in Pune.