WeWork India Management
496.30
-24.95(-4.79%)
Market Cap₹6,651.57 Cr
PE Ratio151.70
Company Performance:
1D-4.79%
1M-14.39%
6M-21.05%
1Y-21.05%
5Y-21.05%
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More news about WeWork India Management
29Jan 26
WeWork India Announces ₹100 Crore Capacity Expansion in Hyderabad
WeWork India Management Limited announced a capacity expansion in Hyderabad, adding approximately 3,300 desks through a 2,50,348 square feet facility lease. The ₹100 crore investment, financed through debt and internal accruals, targets completion by June 2026. With current capacity at 1,21,638 desks and 83.90% utilization, the expansion aims to meet incremental demand and enhance operational capacity.
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27Jan 26
WeWork India Reports 31% Revenue Growth to ₹6.4 Billion in Q3
WeWork India Management achieved remarkable financial growth in Q3 with revenue increasing to ₹6.4 billion from ₹4.9 billion year-on-year, representing approximately 31% growth. This strong performance highlights the company's successful market penetration and the growing demand for flexible workspace solutions in India's coworking sector.
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22Jan 26
WeWork India Management Limited Receives Credit Rating Upgrade to [ICRA]A (Stable)
WeWork India Management Limited received a credit rating upgrade from ICRA Limited to [ICRA]A (Stable) from [ICRA]A- (Stable) across ₹800 crore facilities. The upgrade reflects healthy 79% occupancy levels, 1.12 lakh desk capacity across 75 locations, and projected 20-25% revenue growth in FY2026-FY2027. Improved leverage metrics show adjusted debt-to-OPBITDA projected at 0.8 times by March 2026, with low customer concentration risk as top 10 clients contribute around 20% of revenues.
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07Jan 26
WeWork India Crosses 100,000 Members Milestone with 33.6% Annual Growth
WeWork India Management Limited announced crossing the 100,000 member milestone with 33.6% year-on-year growth between December 2024 and December 2025. The company operates 68 centers across eight cities, with enterprise clients contributing over 76% of monthly revenue and Global Capability Centers segment growing to 38% contribution from 28% previously. Bengaluru leads with 80.5% enterprise occupancy while Hyderabad emerges as the most GCC-intensive market at 52.4%.
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05Jan 26
WeWork India Faces Lock-in Expiry and ₹14.93 Crore GST Demand Challenge
WeWork India faces dual challenges with its three-month lock-in period expiring on January 6, making 10.4 million shares worth ₹638 crores eligible for trading, while simultaneously dealing with a ₹14.93 crore GST demand from tax authorities for alleged violations during FY2018-21. The company plans to appeal the tax order and continues its strategic transformation from co-working provider to comprehensive workspace services partner.
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09Dec 25
WeWork India Management Amends Articles, Grants Board Nomination Rights to Global Shareholder
WeWork India Management Limited has approved amendments to its Articles of Association, subject to shareholder approval. The changes include expanding Article 130 to formalize shareholder nomination rights and introducing Article 130A, which grants '1 Ariel Way Tenant Limited' (GlobalCo) the right to nominate one Non-Executive Director if it maintains at least a 10% equity stake. The amendments aim to enhance stakeholder representation and align governance with major shareholder interests.
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28Nov 25
HDFC Mutual Fund Boosts Stake in WeWork India Management to 5.483%
HDFC Mutual Fund has increased its stake in WeWork India Management Limited through an open market purchase of 10,00,000 shares on November 25, 2025. This acquisition brings HDFC Mutual Fund's total holding to 73,49,103 shares, representing a 5.483% stake in the company. The transaction was disclosed in compliance with SEBI regulations. The increased stake is distributed across various HDFC Mutual Fund schemes, including HDFC Business Cycle Fund, HDFC Value Fund, and HDFC Balanced Advantage Fund.
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15Nov 25
WeWork India Reports Record Q2 FY26 Results with First-Ever IndAS PAT Positive Quarter
WeWork India achieved its highest-ever quarterly revenue of INR 585.5 crores, up 17.2% year-over-year. The company reported an IGAAP-equivalent EBITDA of INR 118.4 crores, with a margin expansion to 20.3%. Notably, WeWork India reached its first-ever IndAS PAT positive quarter, reporting a profit of INR 6.4 crores. The company maintains a strong portfolio occupancy of 80.2% across 70 centers in 8 cities, with enterprise accounts contributing 75% of revenue. WeWork India's expansion plans include 14,000 desks under fit-out and 15,000 desks under LOI, aiming to increase capacity to 1.45 lakh desks and 10 million square feet AUM.
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10Nov 25
WeWork India Reports Record Revenue of ₹585.5 Crore, Achieves First IndAS PAT-Positive Quarter
WeWork India achieved quarterly revenue of ₹585.5 crore, up 17.2% year-on-year and 7.3% sequentially. The company reported its first PAT-positive quarter at ₹6.4 crore under IndAS. IGAAP equivalent EBITDA reached ₹118.4 crore with a 20.3% margin. WeWork India operates 7.7 million sq ft across 70 centres in 8 cities, managing 1.15 lakh desks with an 80.2% occupancy rate. Enterprise clients contributed 73% of revenue. The company plans to expand in Tier-1 Grade-A micro-markets.
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07Nov 25
WeWork India Sees Surge in Demand for Flexible Workspaces, Driven by GCCs and Startups
WeWork India is experiencing strong demand for flexible workspaces, primarily from global capability centres (GCCs) and startups. The company hosts over 130 active GCC centres, with an equal split between those with less than 50 desks and those with more. WeWork India has added 20,000 desks and nearly 2 million sq ft of space, outpacing industry average growth. Flex workspaces are now the second-highest contributor to India's office market. Demand is concentrated in major metro cities, with Bengaluru accounting for 30-40% of commercial leasing demand. WeWork India's market capitalization stands at ₹8,262.53 crore.
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WeWork India Management
496.30
-24.95
(-4.79%)
1 Year Returns:-21.05%
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