Awfis Space Solutions Limited — Investor Meet, 17-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Awfis Space Solutions reported Q2 FY26 revenue up 26% YoY to INR367 Cr, with operating EBITDA growing 32% to INR132 Cr, and margins expanding to 36.1%. H1 FY26 revenue rose 28% to INR702 Cr, with EBITDA up 45% to INR259 Cr. PAT for Q2 was INR16 Cr. The company added 14,000 new seats in Q2, bringing operational seats to 147,000 (+33% YoY). Exit occupancy was 74%, with mature centers at 84%. Management expects stable margins for FY26 (14-15%) and future upside from improving occupancy. Strategic focus includes premiumization with Grade A+ assets and spinning off Awfis Transform for design & build growth. FY26 capex is forecast around INR220 Cr. The management team holds a positive outlook on continued strong demand in the flex workspace market.