SMARTWORKS quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Smartworks Coworking Spaces Ltd reported sales of ₹591 Cr, operating profit of ₹378 Cr (OPM 64%) and net profit of ₹26 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
SMARTWORKS quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
352
358
379
425
472
520
546
591
Expenses
134
126
138
155
167
181
200
214
Operating Profit
218
232
241
270
306
338
346
378
OPM
62%
65%
64%
64%
65%
65%
63%
64%
Other Income
12
4
9
16
16
13
13
14
Interest
85
80
81
93
97
95
96
98
Depreciation
167
161
174
198
223
234
246
259
Profit before tax
-22
-5
-6
-4
2
22
18
35
Tax
-28%
68%
-25%
-28%
21%
25%
25%
26%
Net Profit
-16
-8
-4
-3
1
17
13
26
EPS in Rs
-1.55
-0.8
-0.41
-0.27
0.11
1.45
1.15
2.24
SMARTWORKS profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
360
711
1,039
1,374
1,796
2,129
Expenses
154
287
380
517
640
762
Operating Profit
206
424
660
857
1,155
1,367
OPM
57%
60%
63%
62%
64%
64%
Other Income
34
33
74
36
54
56
Interest
122
237
328
336
366
386
Depreciation
212
356
473
636
829
962
Profit before tax
-94
-136
-68
-79
14
76
Tax
-26%
-26%
-26%
-20%
24%
-
Net Profit
-70
-101
-50
-63
11
57
EPS in Rs
-9.05
-13.01
-6.32
-6.12
0.92
4.95
Dividend Payout
0%
0%
0%
0%
0%
-
SMARTWORKS balance sheet (₹ Cr)
Metric
Mar 2023
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Equity Capital
78
79
103
114
114
Reserves
-46
-29
5
395
416
Borrowings
3,913
3,436
3,737
4,382
4,778
Other Liabilities
529
661
806
920
1,155
Total Liabilities
4,474
4,147
4,651
5,811
6,464
Fixed Assets
3,724
3,412
3,780
4,712
5,236
CWIP
52
72
139
56
58
Investments
0
11
11
2
2
Other Assets
697
652
721
1,042
1,168
Total Assets
4,474
4,147
4,651
5,811
6,464
SMARTWORKS cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
216
532
743
929
1,197
Cash from Investing Activity
-95
-307
-192
-276
-499
Cash from Financing Activity
-109
-171
-577
-638
-621
Net Cash Flow
13
55
-26
15
77
Free Cash Flow
105
235
480
638
810
CFO/OP
107%
126%
116%
105%
105%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit