Smartworks Coworking Spaces Limited — Investor Meet, 22-07-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Smartworks reported strong Q1 FY27 results: Revenue grew 44% YoY to ₹546.2 Cr, with Normalized EBITDA jumping 74% YoY to ₹106.9 Cr, and PAT soaring 197% YoY to ₹38.8 Cr. Margins expanded to 19.6%, and Annualized RoCE reached 21.5%. The company affirms FY27 guidance of 28-30% revenue growth, targeting 12.5-13 Msf operational SBA. Enterprise clients drive 92% of rental revenue, with ~₹5,400 Cr in contracted revenue providing high visibility. Strategic focus on large-format campuses and technology leverages strong demand from GCCs and AI tailwinds for continued capital-efficient growth. The outlook appears confident.