Indiqube Spaces Limited — PPTs, 10-02-2026: Investor Presentation

**1. Business Performance:**

IndiQube reported strong performance for Q3 FY26 and the nine-month period (9M FY26), achieving record quarterly revenue. Profitability significantly improved, with strong PAT growth and healthy EBITDA margins (21% in Q3). The business benefits from a high 94% recurring revenue mix.

**2. Growth Drivers or Strategy:**

Focus areas include flexible, tech-enabled workspaces (MiQube app) and custom interiors. The company's asset-liability strategy aligns client and landlord lock-in periods (~3 years) to swiftly recover capex, ensuring financial stability.

**3. Recent Developments:**

Q3 FY26 saw significant expansion: 1.5 Mn sq.ft. added, 33K new seats, and 21 new centers, broadening its footprint to 17 cities. Overall occupancy reached 84% (mature centers 90%). New Bespoke Design & Build projects (66,000 sq. ft.) and a large Bangalore lease underscore market traction.

**4. Key Financial Metrics:**

* Q3 FY26 Revenue: ₹395 Cr (+45% YoY)

* Q3 FY26 PAT: ₹40 Cr (+214% YoY)

* 9M FY26 Revenue: ₹1,063 Cr (+37% YoY)

* 9M FY26 PAT: ₹95 Cr (+284% YoY)

**5. Management Commentary / Outlook:**

Management highlighted a consistent focus on profitability and capability expansion, anticipating a strong closure for the financial year.