Smartworks Cowor

Why is Smartworks Coworking Spaces Ltd falling/rising?

As of 17-Jul, Smartworks Coworking Spaces Ltd's stock price is declining at 454.20, down 1.93%, and has underperformed against the Sensex. Despite strong financial results, investor sentiment appears cautious, contributing to a year-to-date decline of 8.54%.

As of 17-Jul, Smartworks Coworking Spaces Ltd is experiencing a decline in its stock price, currently at 454.20, which reflects a change of -8.95 (-1.93%). The stock has been underperforming relative to the benchmark Sensex, which has increased by 0.75% over the past week, while Smartworks has decreased by 2.93%. Over the past month, the stock has fallen by 3.59%, contrasting with the Sensex's gain of 1.29%. Year-to-date, the stock is down 8.54%, slightly worse than the Sensex's decline of 8.30%.<BR><BR>The stock has been on a consecutive downward trend for the last four days, accumulating a total decline of 3.91% during this period. Although there has been a rise in investor participation, with delivery volume increasing by 20.92% against the 5-day average, this has not translated into positive price movement. Additionally, while the stock is trading above its 100-day moving averages, it remains below the 5-day, 20-day, 50-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Despite the company's impressive financial performance, including a significant net profit growth of 5079.31% and positive results over the last three consecutive quarters, the stock's recent performance suggests that investor sentiment may be cautious, leading to the current decline in price.

Which are the latest news on Smartworks Cowor?

Should I buy, sell or hold Smartworks Coworking Spaces Ltd?

What does Smartworks Cowor do?

Smartworks Coworking Spaces Ltd provides coworking spaces and related services, reporting net sales of 520 Cr and a net profit of 17 Cr for the quarter ending March 2026. It has a market cap of INR 5,199 Cr and a high P/E ratio of 483.00.

Overview:<BR>Smartworks Coworking Spaces Ltd operates in the diversified commercial services industry, focusing on providing coworking spaces and related services, and is categorized as a small-cap company.<BR><BR>History:<BR>The incorporation year and any status changes are not provided. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 520 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 17 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 5,199 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 483.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 8.53 <BR>Return on Equity: 1.32% <BR>Price to Book: 9.81 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: Not available. <BR>Email: Not available. <BR>Website: Not available.

How big is Smartworks Cowor?

As of 10th June, Smartworks Coworking Spaces Ltd has a market capitalization of 5,199.00 Cr, with net sales of 1,795.80 Cr and a net profit of 10.52 Cr in the latest four quarters. The company reported shareholder's funds of 107.88 Cr and total assets of 4,517.26 Cr for the annual period ending March 2025.

As of 10th June, Smartworks Coworking Spaces Ltd has a market capitalization of 5,199.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Smartworks reported net sales of 1,795.80 Cr and a net profit of 10.52 Cr.<BR><BR>For the latest annual period ending in March 2025, the company had shareholder's funds of 107.88 Cr and total assets amounting to 4,517.26 Cr.

Who are the peers of the Smartworks Cowor?

Smartworks Cowor's peers include NESCO, SIS, Indiabulls, Nirlon, CMS Info Systems, Hemisphere Prop, Quess Corp, Indiqube Spaces, and Team Lease Serv. Indiabulls and Smartworks Cowor show excellent growth, while Smartworks Cowor has below average capital structure and its 1-year return is not available for comparison.

Peers: The peers of Smartworks Cowor are NESCO, SIS, Indiabulls, Nirlon, CMS Info Systems, Hemisphere Prop, Quess Corp, Indiqube Spaces, Team Lease Serv.<BR><BR>Quality Snapshot: Excellent management risk is observed at Indiabulls, CMS Info Systems, and Quess Corp, while Good management risk is found at Smartworks Cowor. Average management risk is seen at NESCO, SIS, Nirlon, and Team Lease Serv., while Below Average management risk is present at Hemisphere Prop. Indiqube Spaces does not qualify for management risk assessment. In terms of growth, Excellent growth is noted at Indiabulls and Smartworks Cowor, while Average growth is found at NESCO and SIS, and Below Average growth is observed at Nirlon, CMS Info Systems, Hemisphere Prop, Quess Corp, and Team Lease Serv. Indiqube Spaces does not qualify for growth assessment. For capital structure, Excellent capital structure is seen at NESCO and CMS Info Systems, while Good capital structure is noted at Indiabulls and Quess Corp. Smartworks Cowor has a Below Average capital structure, and Nirlon, Hemisphere Prop, and Team Lease Serv. have Below Average capital structures as well. Indiqube Spaces does not qualify for capital structure assessment.<BR><BR>Return Snapshot: Indiabulls has the highest 1-year return at 44.05%, while CMS Info Systems has the lowest at -41.48%. Smartworks Cowor's 1-year return is not available for comparison. Additionally, CMS Info Systems, Hemisphere Prop, Quess Corp, and Team Lease Serv. have negative six-month returns.

Are Smartworks Coworking Spaces Ltd latest results good or bad?

Smartworks Coworking Spaces Ltd's latest Q4 FY26 results show strong revenue growth and a significant profit increase, but concerns arise from reliance on non-operating income, a high valuation, and a history of losses, indicating mixed performance overall. Caution is advised regarding the sustainability of this profitability.

Smartworks Coworking Spaces Ltd's latest results for Q4 FY26 show a mixed performance. On the positive side, the company reported a net profit of ₹16.62 crores, which is a significant increase of 1240.32% compared to the previous quarter. Additionally, revenue grew by 44.99% year-on-year, reaching ₹519.68 crores, marking the seventh consecutive quarter of revenue growth. The operating margin, excluding other income, improved to 65.11%, the highest in seven quarters.<BR><BR>However, there are critical concerns regarding the sustainability of this profitability. A substantial portion of the profit was driven by non-operating income, which accounted for 58.52% of profit before tax. This raises questions about the core operational performance of the company. Furthermore, despite the positive revenue growth, the company has a history of losses, with cumulative losses of ₹308 crores over the past five fiscal years.<BR><BR>The company's valuation is also a significant concern, trading at a price-to-earnings ratio of 471 times, far above the industry average of 35 times. This extreme valuation suggests that the market is expecting substantial future improvements that may not be justified by the current fundamentals.<BR><BR>In summary, while Smartworks has shown impressive revenue growth and a return to profitability, the reliance on non-operating income, high valuation, and historical losses indicate that the results are not entirely positive and warrant caution.

Is Smartworks Cowor overvalued or undervalued?

As of November 26, 2025, Smartworks Cowor is fairly valued despite a negative PE ratio of -93.62 and low profitability metrics, underperforming compared to peers like Altius Telecom and Sagility, and has shown weak performance against the Sensex recently.

As of 26 November 2025, the valuation grade for Smartworks Cowor has moved from expensive to fair. Based on the analysis, the company appears to be fairly valued at this time. Key ratios include a PE ratio of -93.62, an EV to EBITDA of 11.80, and a Price to Book Value of 11.28, which indicate significant challenges in profitability and valuation metrics.<BR><BR>In comparison to peers, Smartworks Cowor's valuation is notably lower than Altius Telecom, which has a PE ratio of 52.52, and significantly higher than Sagility, which is valued at 29.49. The negative ROE of -12.05% and a low ROCE of 4.79% further highlight the company's struggles in generating returns compared to its peers. Additionally, the stock has underperformed against the Sensex over the past week and month, reinforcing the cautious outlook on its valuation.

How has been the historical performance of Smartworks Cowor?

Smartworks Cowor's historical performance shows mixed results, with net sales increasing to 1,374.06 crore in March 2025 from 1,039.36 crore in March 2024, but net profit declined to -63.18 crore. Despite improved operating profit and cash flow from operations, the company continues to face challenges reflected in its negative profit before tax and overall losses.

Answer:<BR>The historical performance of Smartworks Cowor shows a mixed trend in financial metrics over the past two years.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Smartworks Cowor reported net sales of 1,374.06 crore, an increase from 1,039.36 crore in March 2024. Total operating income mirrored this growth, remaining at 1,374.06 crore in March 2025, compared to 1,039.36 crore the previous year. The total expenditure, excluding depreciation, rose to 516.79 crore from 379.69 crore, driven primarily by increased employee costs and manufacturing expenses. Operating profit (PBDIT) improved to 892.88 crore from 733.42 crore, although profit before tax worsened to -79.46 crore from -67.62 crore, indicating ongoing challenges. The net profit also declined to -63.18 crore from -49.96 crore. Despite these losses, the earnings per share slightly improved to -6.12 from -6.32. On the balance sheet, total assets increased to 4,517.26 crore from 4,029.87 crore, while total liabilities also rose to 4,517.26 crore from 4,029.87 crore. Cash flow from operating activities improved to 928.00 crore from 743.00 crore, although cash flow from investing and financing activities remained negative, leading to a net cash inflow of 14.00 crore in March 2025, compared to an outflow of -26.00 crore in March 2024.