WeWork India Management Limited — PPTs, 21-05-2026: Investor Presentation

Here's a summary of the investor presentation for WeWork India:

**Business Performance:**

For FY26, WeWork India reported a significant revenue increase of 23.4% YoY, reaching ₹2,477 Cr. EBITDA also grew by 23.1% to ₹499 Cr, with a healthy 20.2% margin. Profit After Tax (PAT) demonstrated strong compounding, growing 8x over two years to ₹179 Cr. The company achieved an all-time high occupancy rate of 86.9%.

**Growth Drivers or Strategy:**

WeWork India is evolving into a full-stack platform, offering enterprise-grade infrastructure, design & build services (through its new "Rivet" offering), and tech-enabled operations. This strategy aims to make commercial real estate more fluid and configurable for businesses. The company also plans to monetize its technology layer and new services to diversify revenue beyond seat rentals.

**Recent Developments:**

The launch of "Rivet," a standalone design and build business, is a key development. This service will cater to enterprises, landlords, and developers, leveraging WeWork India's internal expertise.

**Key Financial Metrics:**

- **Revenue:** FY26 ₹2,477 Cr (+23.4% YoY)

- **EBITDA:** FY26 ₹499 Cr (+23.1% YoY), Margin 20.2%

- **PAT:** FY26 ₹179 Cr (8x growth in 2 years)

- **Free Cash Flow from Operations:** FY26 ₹585.5 Cr (+44.3% YoY)

- **Net Debt:** Turned negative for the first time at -₹11.7 Cr.

**Management Commentary / Outlook:**

The company is well-positioned for FY27 with a strong order book and improved operating leverage. Management sees continued demand for flexible workspaces driven by the AI revolution and the increasing role of Global Capability Centers (GCCs). The focus is on capitalizing on AI trends and expanding the platform's revenue streams.