Smartworks Coworking Spaces Limited (NSE: SMARTWORKS, BSE: 544447) is a Gurugram, Haryana-based company in the Flexible Workspace Operators industry. With a market capitalisation of ₹5,475 Cr, it ranks #788 by market cap among the 6,197 Indian listed companies on FinBizNet, and #2 of 7 in Flexible Workspace Operators. At ₹507.00 (as of 9 Nov 2026), the share price is 14.9% below its 52-week high of ₹596.00 and 40.2% above its 52-week low of ₹361.50. The share price is down 12.5% over one year and up 5.2% over three months.
| Current Price | ₹507.00 |
|---|---|
| Market Cap | ₹5,475 Cr |
| NSE Symbol | SMARTWORKS |
| BSE Code | 544447 |
| Sector | Real Estate > Real Estate Operating Companies > Real Estate Management |
| Sub-Industry | Real Estate Services & Proptech > Flexible Workspace Operators |
| P/E Ratio | 505 |
| Return on Equity | 1.98% |
| Return on Assets | 3.70% |
| 52-Week Range | ₹361.50 – ₹596.00 |
| 1-Year Price Change | -12.5% |
| 3-Month Price Change | +5.2% |
| Beta (1Y) | 0.36 |
| Headquarters | Gurugram, Haryana |
| Website | www.smartworksoffice.com |
| Revenue | ₹591 Cr |
|---|---|
| Net Profit | ₹26 Cr |
| Net Margin | 4.3% |
| EPS (Basic) | ₹2.24 |
| Basis | consolidated |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
Smartworks Coworking Spaces Limited reported revenue of ₹591 Cr in Q2 FY27, up 39.2% from ₹425 Cr in Q2 FY26 and up 8.3% from ₹546 Cr in Q1 FY27. It posted a net profit of ₹26 Cr for the quarter, against a net loss of ₹3 Cr in Q2 FY26. Across the 6 quarters from Q1 FY26 to Q2 FY27, quarterly revenue ranged from ₹379 Cr (Q1 FY26) to ₹591 Cr (Q2 FY27). The company reported a net loss in 2 of these 6 quarters.
| Quarter | Revenue | Net Profit | Net Margin |
|---|---|---|---|
| Q2 FY27 | ₹591 Cr | ₹26 Cr | 4.3% |
| Q1 FY27 | ₹546 Cr | ₹13 Cr | 2.4% |
| Q4 FY26 | ₹520 Cr | ₹17 Cr | 3.2% |
| Q3 FY26 | ₹472 Cr | ₹1 Cr | 0.3% |
| Q2 FY26 | ₹425 Cr | −₹3 Cr | −0.7% |
| Q1 FY26 | ₹379 Cr | −₹4 Cr | −1.1% |
Consolidated figures (₹ crore, XBRL filings).
Promoters held 58.26% of Smartworks Coworking Spaces Limited's shares as of Sept 2026, against 58.18% in Sept 2025 (+0.08 percentage points). Delivery averaged 61.5% of traded volume across 16 NSE sessions (15 Oct 2026 – 9 Nov 2026).
Smartworks Coworking Spaces Limited owns, operates, and leases co-working spaces in India. The company operates and maintains serviced office spaces, meeting and training rooms, virtual offices, and other ancillary services. It also provides maintenance and house-keeping services to commercial properties and business houses; and software booking application for meeting room management and booking, visitor management system, and attendance management system. The company was incorporated in 2015 and is headquartered in Gurugram, India.
1. Coworking Spaces-This segment engages in developing and renting out co-working spaces in business centres. 2. NA-NA 3. NA-NA 4. NA-NA
1. Coworking Spaces-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| WeWork India Management Limited | ₹9,015 Cr | 120.5 | 25.04% | ₹768 Cr | +6.4% |
| Smartworks Coworking Spaces Limited | ₹5,475 Cr | 505 | 1.98% | ₹591 Cr | -12.5% |
| INDIQUBE Spaces Limited | ₹3,713 Cr | n/m | -20.66% | ₹472 Cr | -12.8% |
| EFC (I) Limited | ₹2,572 Cr | 10.3 | 28.84% | ₹332 Cr | -43.8% |
| Awfis Space Solutions Limited | ₹1,728 Cr | 24.3 | 14.01% | ₹439 Cr | -53.4% |
| Dev Accelerator Limited | ₹410 Cr | 39 | 4.77% | ₹80 Cr | -5.7% |
| Nukleus Office Solutions Limited | ₹75 Cr | 34.9 | — | — | +8.8% |
Listed by market capitalisation. Ratios are shown for context only.
Smartworks Coworking Spaces Limited is trading at ₹507.00, with a market capitalisation of ₹5,475 Cr.
Smartworks Coworking Spaces Limited operates in the Real Estate > Real Estate Operating Companies > Real Estate Management space (Real Estate Services & Proptech > Flexible Workspace Operators).
Smartworks Coworking Spaces Limited has a P/E of 505 and a return on equity of 1.98%.
Smartworks Coworking Spaces Limited is listed on the NSE under the symbol SMARTWORKS and on the BSE under the scrip code 544447.
Smartworks Coworking Spaces Limited's share price is down 12.5% over one year and up 5.2% over three months. Its 52-week range is ₹361.50 to ₹596.00.
In Q2 FY27, Smartworks Coworking Spaces Limited reported revenue of ₹591 Cr and net profit of ₹26 Cr, with basic EPS of ₹2.24 (consolidated, parsed from the company's exchange filing).
Smartworks Coworking Spaces Limited reported revenue of ₹591 Cr in Q2 FY27, up 39.2% from ₹425 Cr in Q2 FY26 and up 8.3% from ₹546 Cr in Q1 FY27.
Promoters held 58.26% of Smartworks Coworking Spaces Limited's shares as of Sept 2026, against 58.18% in Sept 2025 (+0.08 percentage points).
Data as of 9 Nov 2026. Descriptive market data only — not investment advice.