Smartworks Coworking Spaces to host Q2FY27 earnings call on Oct 30

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Smartworks Coworking Spaces Ltd to host Q2FY27 earnings call on October 30, 2026
  • Call scheduled for 2:30 pm IST to discuss performance and business updates
  • Filing made under SEBI Regulation 30 read with Schedule III
  • Management team including MD Neetish Sarda and CFO Sahil Jain will participate
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Smartworks Coworking Spaces Limited has scheduled an earnings conference call for Friday, October 30, 2026, at 2:30 pm IST to discuss its Q2FY27 financial performance and business updates.

The company filed an intimation with the National Stock Exchange of India Limited and BSE Limited under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Punam Dargar, Company Secretary and Compliance Officer, on October 6, 2026.

Management participation

Senior leadership from the coworking space operator will participate in the call to address investor queries regarding operational metrics and strategic developments.

Name Designation
Neetish Sarda Managing Director
Harsh Binani Executive Director
Sahil Jain Chief Financial Officer
Pratik Agarwal Chief Business Officer
Anirudh Tapuriah Chief of Strategy & Investor Relations

Access details

Investors and analysts can join the conference call via primary or secondary access numbers provided by the company. International dial-in options are available for participants in Hong Kong, Singapore, the USA, and the UK.

Location/Type Number
Primary (India) +91 22 6280 1107
Primary (India) +91 22 7115 8008
Hong Kong 800 964 448
Singapore 800 101 2045
USA 1866 746 2133
UK 0808 101 1573

The company’s registered office is located in South Delhi, while its corporate office is based in Gurugram. This announcement precedes the release of detailed financial statements for the second quarter of fiscal year 2027.

Historical Stock Returns for Smartworks Coworking Spaces

1 Day5 Days1 Month6 Months1 Year5 Years
+1.23%-1.51%-6.94%+34.41%-10.97%+13.22%

How might Smartworks' Q2FY27 occupancy rates and revenue per square foot compare to its previous quarters, and what does this indicate about the recovery trajectory of the Indian flexible office sector?

What strategic updates regarding new lease agreements or expansion into tier-2 cities are expected from the management team during the conference call?

Given the participation of the Chief Business Officer, what specific insights can investors anticipate regarding customer retention rates and pipeline growth for upcoming fiscal periods?

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Smartworks signs managed office deals worth ~₹305 crore

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Smartworks added ~₹305 crore in new contracted rental revenue on September 30, 2026
  • Combined with prior expansions, total incremental revenue stands at ~₹540 crore
  • New deals span up to 60 months across technology, healthcare, and CXM sectors
  • Company operates ~16.9 million sq ft across 70 centers in India and Singapore
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Smartworks Coworking Spaces Limited announced the signing of new leasing engagements with large corporate clients, adding ~₹305 crore in incremental contracted rental revenue. The deals, spanning up to 60 months, were finalized on September 30, 2026, reinforcing the company's position as India’s largest managed office platform.

This announcement follows a recent disclosure of ~₹235 crore in incremental contracted rental revenue from existing client expansions. Combined, the two developments represent ~₹540 crore in additional contracted revenue. The new clients include diverse sectors such as technology solutions, research and consulting, healthcare, sportswear, and global customer experience management services.

Client diversification and sector mix

The new sign-ups comprise large Indian and global corporates, including a technology solutions company backed by a Fortune 500 parent, a research major, a healthcare firm, a lifestyle brand, and a Global CXM provider. This diversification highlights the broad-based demand for managed workspaces across industries.

Neetish Sarda, Founder and Managing Director of Smartworks, stated that businesses increasingly view offices as enablers of growth rather than constraints. He emphasized that companies prefer speed and flexibility to focus capital on core operations, driving managed workspaces to become the default choice for large corporates.

Operational scale and market position

Smartworks currently serves over 760 clients, with ~92% of its revenue derived from large corporates. As of June 30, 2026, the company operated ~16.9 million square feet across 70 centers in 15 cities in India and Singapore. The company has secured its expansion pipeline for FY27 and FY28, with capacity locked well ahead of demand in prime locations.

Metric Value Details
New Deal Value ~₹305 crore Incremental contracted rental revenue from new clients
Existing Expansion ~₹235 crore Incremental contracted rental revenue from existing clients
Total Incremental Revenue ~₹540 crore Sum of new deals and expansions
Total Contracted Revenue Base ~₹5,400 crore As of June 30, 2026
Large Corporate Revenue Share ~92% Of total revenue
Footprint ~16.9 million sq ft Across 70 centres in 15 cities

What the numbers show

The combined ~₹540 crore in incremental contracted revenue represents approximately 10% of Smartworks' existing ~₹5,400 crore contracted rental revenue base as of June 30, 2026. This significant addition to the order book, driven by both new client acquisition and existing account expansion, underscores robust demand momentum. The high concentration of revenue from large corporates (~92%) suggests a strategic focus on enterprise-grade stability, while the securing of expansion capacity for FY27 and FY28 indicates confidence in sustained future occupancy rates.

Historical Stock Returns for Smartworks Coworking Spaces

1 Day5 Days1 Month6 Months1 Year5 Years
+1.23%-1.51%-6.94%+34.41%-10.97%+13.22%
Disclaimer: This article is AI-generated using data from LiveSquawk. ScanX is not liable for any inaccuracies.

How will the ~₹540 crore in incremental contracted revenue impact Smartworks' projected EBITDA margins and cash flow generation for FY27?

What are the specific capital expenditure requirements to activate the secured expansion pipeline for FY27 and FY28, and how will they be funded?

Given the 92% revenue concentration in large corporates, how exposed is Smartworks to potential sector-specific downturns in technology or global CXM services?

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1 Year Returns:-10.97%