Employees: 4,442
Size Smartworks Coworking Spaces (SMARTWORKS.NS) is an India Real Estate company (Real Estate Development) with a market value of $623M, the 766th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹515.85 on 6 Nov 2026.
Performance Over six months the shares gained 11.8%, against -10.7% for the median peer and 0.0% for the India market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 30.7% over the last twelve months (peer median +0.2%); the operating margin is 21.1% (peer median 16.2%).
Valuation It trades at 54.9× forward earnings against a peer median of 5.0× (most expensive of 7).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹21.9B | ₹18.0B | ₹13.7B | ₹10.5B | ₹7.17B |
| Revenue growth | — | +31% | +31% | +46% | — |
| Gross profit | ₹6.15B | ₹4.61B | ₹3.22B | ₹2.71B | ₹1.41B |
| EBITDA | ₹14.2B | ₹11.6B | ₹8.60B | ₹6.74B | ₹4.40B |
| Net income | ₹567M | ₹105M | -₹632M | -₹500M | -₹1.01B |
| Free cash flow | n/a | ₹7.92B | ₹5.97B | ₹4.31B | ₹1.85B |
| Capital expenditure | n/a | ₹3.88B | ₹2.91B | ₹2.66B | ₹3.25B |
| Total debt | ₹58.7B | ₹47.8B | ₹37.4B | ₹34.4B | ₹39.1B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SMARTWORKS.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.4% | -4.6% | highest of 21 |
| 6-month return | +11.8% | -10.7% | highest of 21 |
| Distance from 52-week high | -16.7% | -27.2% | 6th highest of 21 |
| Revenue growth (TTM) | +30.7% | +0.2% | 3rd highest of 21 |
| Operating margin | 21.1% | 16.2% | 10th highest of 21 |
| Forward P/E | 54.9× | 5.0× | most expensive of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Smartworks Coworking Spaces SMARTWORKS.NS | India | $623M | +12% | +31% | 21% | 54.9× | n/a | n/a |
| KI-Star Real Estate 3465.T | Japan | $633M | 0% | +15% | 8% | 5.0× | n/a | n/a |
| Citycon CTY1S.HE | Finland | $612M | +1% | -2% | 59% | 4.8× | n/a | n/a |
| Nirlon NIRLON.NS | India | $611M | +9% | +5% | 69% | n/a | n/a | n/a |
| Kowloon Development 0034.HK | Hong Kong | $638M | -21% | -47% | 11% | n/a | n/a | n/a |
| ES-CON JAPAN 8892.T | Japan | $641M | -10% | +34% | 20% | n/a | n/a | n/a |
| DA-LI DEVELOPMENT 6177.TW | Taiwan | $599M | -8% | +94% | 31% | 5.0× | n/a | n/a |
| Chengdu New Tianfu Culture Tourism Development 000558.SZ | China | $650M | -21% | +8% | -3% | n/a | n/a | n/a |
| Hong Fok H30.SI | Singapore | $590M | -8% | -1% | 43% | n/a | n/a | n/a |
| China Fortune Land Development 600340.SS | China | $660M | -12% | -43% | -201% | n/a | n/a | n/a |
| Zhejiang China Light & Textile Industrial City 600790.SS | China | $660M | -23% | -9% | -34% | n/a | n/a | n/a |
| MLP MLG.WA | Poland | $588M | -5% | +20% | 48% | 9.5× | n/a | n/a |
| Nordeste Properties Socimi SCHST.MC | Spain | $661M | -2% | +9% | 63% | n/a | n/a | n/a |
| Zambal Spain SOCIMI YZBL.MC | Spain | $663M | -1% | +1% | 45% | n/a | n/a | n/a |
| C C Land 1224.HK | Hong Kong | $579M | -2% | +14% | 40% | n/a | n/a | n/a |
| Tomson 0258.HK | Hong Kong | $578M | -16% | -73% | 44% | n/a | n/a | n/a |
| Beijing Electronic Zone High-tech 600658.SS | China | $577M | -33% | -21% | -163% | n/a | n/a | n/a |
| Tian An China Investments 0028.HK | Hong Kong | $577M | -30% | -65% | 9% | n/a | n/a | n/a |
| HDC 012630.KS | South Korea | $676M | -29% | -10% | 12% | 2.2× | n/a | n/a |
| Bassac BASS.PA | France | $679M | -19% | +16% | 8% | 5.4× | n/a | n/a |
| Beijing Huayuan Xinhang 600743.SS | China | $679M | -22% | -77% | -18% | n/a | n/a | n/a |