Smartworks Coworking Spaces Limited — Credit Ratings, 22-11-2025: Credit Rating

CARE Ratings has reaffirmed Smartworks Coworking's long-term bank facilities at CARE A; Stable and short-term facilities at CARE A1, maintaining a Stable outlook. This decision reflects the company's improved scale of operations, healthy occupancy levels, and a significantly strengthened financial profile following its successful IPO. Diversified tenant base and robust cash flows were also key supporting factors.