Smartworks Coworking Spaces Ltd Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Consolidate Quarterly Results

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Net Sales

472.13

424.78

379.21

358.43

351.83

350.37

313.43

Other Operating Income

0.00

Total Operating income

472.13

424.78

379.21

358.43

351.83

350.37

313.43

Raw Material Cost

0.00

Purchase of Finished goods

0.23

0.17

3.17

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

24.53

23.09

23.36

19.28

15.93

16.20

13.96

Power Cost

0.00

Manufacturing Expenses

132.33

122.12

103.54

100.64

103.25

111.83

100.32

Selling and Distribution Expenses

0.00

Other Expenses

9.43

9.27

8.12

6.09

14.37

7.86

7.06

Total Expenditure (Excl Depreciation)

166.52

154.65

138.19

126.01

133.55

135.89

121.34

Operating Profit (PBDIT) excl Other Income

305.61

270.13

241.02

232.42

218.28

214.48

192.09

Other Income

16.02

16.28

8.78

3.62

11.79

10.47

9.73

Operating Profit (PBDIT)

321.63

286.41

249.80

236.04

230.07

224.95

201.82

Interest

96.80

92.80

81.46

79.50

85.31

85.85

85.67

Exceptional Items

0.00

Gross Profit (PBDT)

224.83

193.61

168.34

156.54

144.76

139.10

116.15

Depreciation

223.27

198.01

173.91

161.48

167.04

160.19

147.29

Profit Before Tax

1.56

-4.39

-5.57

-4.95

-22.28

-21.09

-31.14

Tax

0.32

-1.25

-1.37

3.35

-6.26

-5.27

-8.11

Provisions and contingencies

0.00

Profit After Tax

1.24

-3.14

-4.20

-8.30

-16.03

-15.83

-23.03

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1.24

-3.14

-4.20

-8.30

-16.03

-15.83

-23.03

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

1.24

-3.14

-4.20

-8.30

-16.03

-15.83

-23.03

Equity Capital

114.26

103.19

83.58

82.73

Face Value

10.0

Reserves

0.00

Earnings per share (EPS)

0.11

-0.27

-0.41

-0.8

-1.55

-1.89

-2.78

Diluted Earnings per share

0.11

-0.27

-0.41

-0.79

-1.55

-1.53

-2.31

Operating Profit Margin (Excl OI)

64.73%

63.59%

63.56%

64.84%

62.04%

61.22%

61.29%

Gross Profit Margin

47.62%

45.58%

44.39%

43.67%

41.14%

39.7%

37.06%

PAT Margin

0.26%

-0.74%

-1.11%

-2.32%

-4.56%

-4.52%

-7.35%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Dec 2025 is 11.46% vs 13.38% in Sep 2025

Standalone Net Profit

QoQ Growth in quarter ended Dec 2025 is 107.63% vs 15.56% in Sep 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Dec 2025 is 13.38% vs 12.26% in Sep 2025

Interest

QoQ Growth in quarter ended Dec 2025 is 4.60% vs 14.21% in Sep 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Dec 2025 has improved from Sep 2025

Compare Quarterly Results Of Smartworks Cowor With

Select Peers

Figures in Cr

Consolidate Quarterly Results

Change(INR)

Change(%)

Net Sales

472.13

574.70

-102.57

-17.85%

Other Operating Income

0.00

Total Operating income

472.13

574.70

-102.57

-17.85%

Raw Material Cost

0.00

0.41

-0.41

-100.00%

Purchase of Finished goods

0.23

0.00

0.23

(Increase) / Decrease In Stocks

0.00

Employee Cost

24.53

48.35

-23.82

-49.27%

Power Cost

0.00

Manufacturing Expenses

132.33

0.00

132.33

Selling and Distribution Expenses

0.00

Other Expenses

9.43

145.87

-136.44

-93.54%

Total Expenditure (Excl Depreciation)

166.52

194.63

-28.11

-14.44%

Operating Profit (PBDIT) excl Other Income

305.61

380.07

-74.46

-19.59%

Other Income

16.02

10.84

5.18

47.79%

Operating Profit (PBDIT)

321.63

390.91

-69.28

-17.72%

Interest

96.80

153.19

-56.39

-36.81%

Exceptional Items

0.00

Gross Profit (PBDT)

224.83

237.72

-12.89

-5.42%

Depreciation

223.27

231.21

-7.94

-3.43%

Profit Before Tax

1.56

6.24

-4.68

-75.00%

Tax

0.32

-0.17

0.49

288.24%

Provisions and contingencies

0.00

Profit After Tax

1.24

6.68

-5.44

-81.44%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1.24

6.68

-5.44

-81.44%

Share in Profit of Associates

0.00

-0.27

0.27

100.00%

Minority Interest

0.00

0.12

-0.12

-100.00%

Other related items

0.00

Consolidated Net Profit

1.24

6.29

-5.05

-80.29%

Equity Capital

114.26

134.02

-19.76

-14.74%

Face Value

10.00

0.00

Reserves

0.00

Earnings per share (EPS)

0.11

0.47

-0.36

-76.60%

Diluted Earnings per share

0.11

0.47

-0.36

-76.60%

Operating Profit Margin (Excl OI)

64.73%

66.13%

0.00

-1.40%

Gross Profit Margin

47.62%

41.36%

0.00

6.26%

PAT Margin

0.26%

1.12%

0.00

-0.86%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Quarterly - Net Sales

Net Sales 460.99 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 11.46% vs 13.38% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 35.47%

Quarterly - Standalone Net Profit

Standalone Net Profit 0.29 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 107.63% vs 15.56% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 101.66%

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 296.54 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 13.38% vs 12.26% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 41.32%

Quarterly - Interest

Interest 95.69 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 4.60% vs 14.21% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 13.10%

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 64.33%

in Dec 2025

Figures in %

QoQ Growth in quarter ended Dec 2025 has improved from Sep 2025

YoY Growth in quarter ended Dec 2025 has improved from Dec 2024