| Quarterly Financials | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
Revenue  | 165 | 193 | 215 | 226 | 241 | 268 | 326 | 332 | 360 | 353 | 393 |
| Expenses | 112 | 137 | 148 | 153 | 165 | 179 | 192 | 210 | 224 | 208 | 235 |
| EBITDA | 53 | 56 | 67 | 73 | 76 | 89 | 134 | 122 | 136 | 145 | 158 |
| Operating Profit % | 30 % | 27 % | 29 % | 31 % | 29 % | 31 % | 34 % | 34 % | 34 % | 38 % | 36 % |
| Depreciation | 46 | 43 | 48 | 54 | 51 | 58 | 65 | 72 | 81 | 89 | 95 |
| Interest | 21 | 21 | 23 | 25 | 24 | 28 | 30 | 35 | 43 | 46 | 47 |
| Profit Before Tax | -14 | -8 | -4 | -6 | 1 | 3 | 39 | 15 | 12 | 10 | 16 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Net Profit | -14 | -8 | -4 | -6 | 1 | 3 | 39 | 15 | 11 | 10 | 16 |
| EPS in ₹ | -4.60 | -3.20 | -2.65 | -3.28 | 0.71 | 3.02 | 5.55 | 2.15 | 1.58 | 1.40 | 2.24 |
Awfis Space Solutions
Awfis Space Solutions
545.90
-2.60
(-0.47%)
Key Fundamentals
Market Cap
3,903.68 Cr
EPS
9.75
PE Ratio
75.03
Dividend Yield
0.00 %
Industry
Commercial Services 52 Week High
807.80
52 Week Low
538.00
PB Ratio
7.87
Debt to Equity
3.02
Sector
Diversified Services Analyst Rating and Forecast
- By Refinitiv from3 analysts
Actual
Company News
View All News
Awfis Space Solutions delivered robust quarterly results with revenue growing 26% year-on-year to INR 367 crores and EBITDA increasing 32% to INR 132 crores, while expanding its premium workspace portfolio to 26 centers including 21 Gold and 5 Elite centers. The company added 14,000 new seats during the quarter, bringing total operational capacity to 147,000 seats across 247 centers, with strong traction from GCCs and enterprise clients driving 61% occupancy from large corporates and MNCs.
Awfis Space Solutions Limited has utilized Rs. 126.45 crore out of its Rs. 128 crore IPO proceeds according to its monitoring agency report for the quarter ended September 30, 2025. The company deployed Rs. 42.03 crore for funding capital expenditure towards establishment of new centers, Rs. 54.37 crore for working capital requirements, Rs. 20.63 crore for general corporate purposes, and Rs. 9.38 crore for issue-related expenses. The monitoring agency CARE Ratings Limited reported no deviations from the stated objectives. Rs. 1.59 crore remains in the public issue account for pending issue-related expenses, while Rs. 7.35 crore of unutilized proceeds are kept in the public issue account. The company's IPO was conducted from May 22-27, 2024, in the flexible workspace solutions sector.
Awfis Space Solutions CMD Amit Ramani addressed market concerns about the company's financial position and growth plans. The company's debt decreased to 21 crores from 28 crores year-on-year, while profitability grew 49% and EBITDA increased 44%. Ramani clarified that confusion arose from a one-time sale of the facility management business being counted as recurring profit. The company's premiumization strategy includes 21 gold centres and 5 elite centres out of 26 total locations. Capital expenditure for the first half was around 100 crores, aligned with 200-crore annual guidance. The lease mix remains 65% managed and 35% straight lease. Enterprise expansion includes 10 GCC clients operating in elite centres, with 5,000 seats added for Fortune 100 companies. The design and build vertical was transferred to a 100% subsidiary without cash involvement to enable focused growth and partnerships.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
326.00 | #1 14,088.41 | 28.42 | 909.43 | 19.65 | #1 397 | 18.43 | 41.41 | |
1,234.60 | 8,698.99 | 21.59 | 864.60 | 10.15 | 375 | 11.23 | 37.87 | |
354.55 | 5,831.37 | 16.40 | 2,475.20 | 7.68 | 373 | -19.36 | 39.90 | |
323.00 | 4,553.12 | 86.65 | 13,257.10 | 7.75 | 12 | 17.30 | 33.90 | |
500.10 | 4,506.90 | 14.42 | 645.00 | 6.19 | 218 | #1 161.42 | 44.39 | |
138.58 | 3,949.53 | #1 -415.74 | 7.80 | -2.50 | -8 | -80.00 | 41.81 | |
545.90 | #7 3,903.68 | #9 75.03 | #6 1,260.70 | #1 44.11 | #7 68 | #9 -58.66 | 34.60 | |
209.85 | 3,128.55 | 65.65 | #1 14,990.80 | 9.34 | 46 | 2.37 | 35.99 | |
1,657.90 | 2,780.12 | 23.70 | 11,200.60 | 19.57 | 111 | 11.65 | 36.51 | |
192.10 | 1,286.17 | 11.50 | 2,771.70 | 12.31 | 119 | -29.29 | 28.29 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
44.11 %
Net Income Growth
-485.80 %
Cash Flow Change
58.35 %
ROE
-311.44 %
ROCE
43.70 %
EBITDA Margin (Avg.)
16.51 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 197 | 277 | 509 | 560 | 931 | 1,398 | 2,507 |
| Fixed Assets | 66 | 96 | 300 | 340 | 653 | 916 | 1,581 |
| Current Assets | 70 | 96 | 151 | 122 | 139 | 304 | 516 |
| Capital Work in Progress | 4 | 1 | 0 | 9 | 1 | 9 | 18 |
| Investments | 32 | 58 | 42 | 16 | 0 | 0 | 0 |
| Other Assets | 95 | 121 | 167 | 194 | 277 | 474 | 909 |
| Total Liabilities | 197 | 277 | 509 | 560 | 931 | 1,398 | 2,507 |
| Current Liabilities | 61 | 74 | 109 | 213 | 281 | 457 | 727 |
| Non Current Liabilities | 53 | 145 | 249 | 252 | 481 | 690 | 1,321 |
| Total Equity | 82 | 58 | 151 | 95 | 169 | 251 | 459 |
| Reserve & Surplus | -67 | -113 | -167 | -223 | -204 | -262 | 388 |
| Share Capital | 149 | 171 | 30 | 30 | 30 | 19 | 71 |
Cash Flow
| Cash Flow | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 12 | -5 | 3 | -4 | -3 | 2 | 36 |
| Investing Activities | -38 | -110 | -38 | -7 | -156 | -163 | -203 |
| Operating Activities | -12 | -8 | 57 | 83 | 181 | 229 | 363 |
| Financing Activities | 62 | 113 | -17 | -80 | -28 | -65 | -124 |
Share Holding
| % Holding | Dec 2023 | Mar 2024 | May 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 75.32 % | 28.56 % | 40.02 % | 28.56 % | 28.24 % | 20.44 % | 20.40 % | 20.31 % | 17.01 % |
| FIIs | 0.00 % | 7.47 % | 0.00 % | 22.54 % | 20.66 % | 21.07 % | 19.33 % | 21.45 % | 25.04 % |
| DIIs | 0.00 % | 20.61 % | 0.00 % | 22.46 % | 20.81 % | 29.37 % | 33.98 % | 37.63 % | 41.18 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 0.00 % | 13.24 % | 0.00 % | 11.79 % | 14.40 % | 13.74 % | 10.61 % | 9.56 % | 8.89 % |
| Others | 24.68 % | 30.11 % | 59.98 % | 14.64 % | 15.88 % | 15.38 % | 15.69 % | 11.06 % | 7.88 % |
| No of Share Holders | 26 | 44,621 | 28 | 22,980 | 36,589 | 38,910 | 39,122 | 42,515 | 45,114 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 27 Sept 2024 |  Annual General Meeting | NA | 27 Sept 2024 | 766.90 | 701.30 |
| 11 Nov 2024 |  Quarterly Result Announcement | NA | 11 Nov 2024 | 728.80 | 793.15 |
| 11 Feb 2025 | Quarterly Result Announcement | NA | 11 Feb 2025 | 655.65 | 687.40 |
| 26 May 2025 | Quarterly Result Announcement | NA | 26 May 2025 | 618.45 | 647.95 |
| 11 Aug 2025 | Quarterly Result Announcement | NA | 11 Aug 2025 | 595.30 | 563.75 |
| 24 Sept 2025 | Annual General Meeting | NA | 24 Sept 2025 | 575.65 | 602.40 |
| 11 Nov 2025 | Quarterly Result Announcement | NA | 11 Nov 2025 | 594.70 | 607.10 |
Announcements
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
6 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Monitoring Agency Report10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 11, 2025
Nov 11, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 11, 2025
Nov 11, 2025Announcement under Regulation 30 (LODR)-Investor PresentationNov 11, 2025
Nov 11, 2025Board Meeting Outcome for Outcome Of Board Of Directors Meeting Held On Tuesday November 11 2025 Including Financials And Other UpdatesNov 11, 2025
Nov 11, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 06, 2025
Nov 06, 2025Board Meeting Intimation for The Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30 2025Nov 05, 2025
Nov 05, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 08, 2025
Oct 08, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 06, 2025
Oct 06, 2025Closure of Trading WindowSep 26, 2025
Sep 26, 2025Announcement under Regulation 30 (LODR)-Change in ManagementSep 26, 2025
Sep 26, 2025Board Meeting Outcome for Outcome Of Board MeetingSep 26, 2025
Sep 26, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 25, 2025
Sep 25, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 25, 2025
Sep 25, 2025Proceeding Of AGMSep 24, 2025
Sep 24, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 22, 2025
Sep 22, 2025Business UpdateSep 16, 2025
Sep 16, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSSep 11, 2025
Sep 11, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 09, 2025
Sep 09, 2025Dispatch Of Letter To Shareholders Whose E-Mail Addresses Are Not Registered With Company/Registrar &
Transfer Agent/Depository ParticipantsSep 02, 2025
Sep 02, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 02, 2025
Sep 02, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Sep 02, 2025
Sep 02, 2025Reg. 34 (1) Annual Report.Sep 01, 2025
Sep 01, 2025Notice Of The 11Th Annual General Meeting To Be Held On Wednesday September 24 2025 At
04:00 P.M. Through Video Conference (VC)/ Other Audio·Visual Means (OAVM)Sep 01, 2025
Sep 01, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 29, 2025
Aug 29, 2025Approval Of Notice Of 11Th Annual General MeetingAug 27, 2025
Aug 27, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 18, 2025
Aug 18, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 11, 2025
Aug 11, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 11, 2025
Aug 11, 2025Outcome Of The Board MeetingAug 11, 2025
Aug 11, 2025Financial Results For The Q1FY26Aug 11, 2025
Aug 11, 2025Announcement under Regulation 30 (LODR)-Investor PresentationAug 11, 2025
Aug 11, 2025Recommendation To Appoint Mr. R S Bhatia As Secretarial AuditorsAug 11, 2025
Aug 11, 2025Commencement Of New Line Of BusinessAug 11, 2025
Aug 11, 2025Board Meeting Outcome for Financial Result For The Quarter Ended On 30.06.2025Aug 11, 2025
Aug 11, 2025Announcement under Regulation 30 (LODR)-Issue of SecuritiesAug 11, 2025
Aug 11, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 10, 2025
Aug 10, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 10, 2025
Aug 10, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 06, 2025
Aug 06, 2025Board Meeting Intimation for Financial Results For Quarter Ended June 30 2025Aug 05, 2025
Aug 05, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 14, 2025
Jul 14, 2025Approval Of Shareholder Of The Company For Re-Classify The Status Of Peak XV Partners Investments V And Persons Belonging To Its Promoter Group From Promoter And Promoter Group Category To Public Category.Jul 10, 2025
Jul 10, 2025Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of AssociationJul 10, 2025
Jul 10, 2025Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotJul 10, 2025
Jul 10, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportJul 10, 2025
Jul 10, 2025Mutual Fund Holdings
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RSI(14)
Neutral 34.60
ATR(14)
Less Volatile 19.95
STOCH(9,6)
Oversold 7.70
STOCH RSI(14)
Oversold 0.83
MACD(12,26)
Bearish -6.43
ADX(14)
Weak Trend 17.58
UO(9)
Bearish 37.26
ROC(12)
Downtrend And Accelerating -8.17
WillR(14)
Oversold -92.21
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