Smartworks Coworking Spaces smartworks coworking spaces will host representatives at the Nirmal Bang Semi-Annual Investor Conference on August 10, 2026. The event, scheduled for 2:00 PM IST onwards in Mumbai, offers analysts and institutional investors a platform to discuss the company’s performance and outlook. This engagement provides stakeholders with an opportunity to gain insights directly from management regarding the firm's operational trajectory in the flexible workspace sector.

The disclosure was made pursuant to Regulation 30(6) read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified both the National Stock Exchange of India Limited and BSE Limited of the upcoming interaction.

Event Details

The conference will feature group and one-on-one meetings between the company’s representatives and market participants. The engagement is scheduled to take place in person.

Compliance and Information Scope

Smartworks Coworking Spaces Limited emphasized that no Unpublished Price Sensitive Information (UPSI) will be shared or discussed during the meetings. All interactions will be based solely on publicly available information. The company noted that changes to the schedule may occur due to exigencies on the part of investors, analysts, or the company itself.

The intimation is also available on the company’s website for public reference. Punam Dargar, Company Secretary and Compliance Officer, signed the disclosure.

Smartworks Coworking Spaces Limited has expanded its Delhi NCR footprint by opening a new managed office spanning approximately 1.41 lakh sq ft at 4 Worldmark in Aerocity. The facility, a partnership with Bharti Real Estate, targets multinational corporations and global capability centers (GCCs) seeking premium workspace near Indira Gandhi International Airport. This launch coincides with the company’s Q1 FY27 results, which reported revenue of ₹546 crore, up 44% year-on-year, underscoring strong demand visibility supported by contracted rental revenue of approximately ₹5,400 crore.

The expansion was disclosed on August 5, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Smartworks plans to fund the ₹25 crore (Approx.) investment through internal accruals, issue proceeds, and external debt. The centre is located within an IGBC Platinum Certified building, offering enterprise-grade infrastructure including collaborative workspaces, executive lounges, and wellness amenities.

Expansion Details

The following table outlines the key parameters of the new capacity addition:

Strategic Footprint and Utilization

As of June 30, 2026, Smartworks reported a total secured footprint of ~16.9 million sq ft across 70 centres in 15 cities in India and Singapore. This includes operational capacity of 10.4 million sq ft, with an overall utilization rate of 81% and committed occupancy at 86%. The company serves over 760 clients, including Fortune 500 firms and unicorns, leveraging partnerships with developers such as Hiranandani, Panchshil Realty, DLF, and Tata Realty.

Neetish Sarda, Founder and Managing Director, stated that Aerocity has emerged as one of Delhi NCR’s fastest-growing commercial hubs, driven by strong demand from GCCs. He noted that the addition strengthens the company’s ability to support evolving enterprise requirements in high-demand corridors.

What the Numbers Show

The simultaneous report of 44% revenue growth and a massive ₹5,400 crore contracted rental revenue base indicates robust multi-year visibility for Smartworks. The aggressive capacity addition in a premium location like Aerocity, funded partly by external debt, suggests management is confident in converting its high committed occupancy (86%) into sustained cash flows. This strategic move reinforces its position as India’s largest managed office platform by footprint, capitalizing on the structural shift towards flexible, enterprise-grade workspaces.