Smartworks Cowor

  • Market Cap: Small Cap
  • Industry: Diversified Commercial Services
  • ISIN: INE0NAZ01010
  • NSEID: SMARTWORKS
  • BSEID: 544447
INR
486.80
1.8 (0.37%)
BSENSE

Aug 07, 03:30 PM

BSE+NSE Vol: 80.88 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

80.88 k (2.08%) Volume

Shareholding (Jun 2026)

FII

0.28%

Held by 8 FIIs

DII

8.92%

Held by 6 DIIs

Promoter

58.32%

Why is Smartworks Coworking Spaces Ltd falling/rising?

10-Aug-2026

As of 09-Aug, Smartworks Coworking Spaces Ltd's stock price has risen to Rs 487.20, up 0.91%, driven by strong performance, significant investor interest, and impressive financial results, including a 5.11% growth in net sales. The stock has consistently outperformed both the Sensex and its sector, indicating a bullish trend.

As of 09-Aug, Smartworks Coworking Spaces Ltd is experiencing a rise in its stock price, currently at Rs 487.20, reflecting an increase of 4.4 points or 0.91%. This upward movement can be attributed to several positive factors. <BR><BR>Firstly, the stock has shown strong performance over the past week, gaining 3.66%, which significantly outpaces the Sensex's increase of only 0.52% during the same period. Additionally, the stock has outperformed its sector by 0.58% today and has been on a consecutive gain streak for the last two days, accumulating a total return of 3.34% in that timeframe.<BR><BR>Moreover, the stock's trading performance is robust, as it is currently above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. The increase in investor participation is also noteworthy, with delivery volume rising by 92.08% compared to the 5-day average, suggesting heightened interest and confidence among investors.<BR><BR>Financially, the company has reported outstanding results, including a 5.11% growth in net sales and significant increases in profit before tax and profit after tax, with growth rates of 141.2% and 400.0%, respectively, compared to the previous four-quarter average. The net sales for the quarter reached Rs 546.25 crore, marking the highest level achieved. <BR><BR>Overall, these factors contribute to the positive sentiment surrounding Smartworks Coworking Spaces Ltd, leading to the rise in its stock price.

View full answer

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

05-Aug-2026

Are Smartworks Coworking Spaces Ltd latest results good or bad?

23-Jul-2026

Smartworks Coworking Spaces Ltd's latest results show strong revenue growth of 44.05% year-on-year, but a significant decline in net profit by 20.88% raises concerns about profitability and operational efficiency, alongside a high valuation and leverage. Overall, the results are mixed, indicating both potential and challenges for investors.

Smartworks Coworking Spaces Ltd's latest results present a mixed picture. On one hand, the company has achieved a notable year-on-year revenue growth of 44.05%, with net sales reaching ₹546.25 crores in Q1 FY27, marking the seventh consecutive quarter of revenue growth. This indicates strong demand in the flexible workspace market, which is a positive sign for the company's operational performance.<BR><BR>However, the profitability aspect raises concerns. The net profit for the quarter was ₹13.15 crores, which reflects a significant decline of 20.88% compared to the previous quarter. This drop in profits, despite the revenue growth, suggests challenges in converting sales into consistent bottom-line results. Additionally, the operating margin has also decreased slightly to 63.33%, indicating some pressure on operational efficiency.<BR><BR>The company's high valuation, with a P/E ratio of 201 times, is another point of concern, especially when compared to the industry average of 33 times. This premium valuation, combined with a debt-to-equity ratio of 2.99 times, raises questions about the sustainability of its current share price and profitability.<BR><BR>In summary, while Smartworks shows strong revenue growth and has returned to profitability, the decline in net profit, high leverage, and stretched valuation metrics suggest that the results are not entirely favorable. Investors may need to weigh these factors carefully when considering the company's outlook.

View full answer

What does Smartworks Cowor do?

11-Jun-2026

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.

View full answer

How big is Smartworks Cowor?

11-Jun-2026

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.

View full answer

Who are the peers of the Smartworks Cowor?

11-Jun-2026

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.

View full answer

Is Smartworks Cowor overvalued or undervalued?

27-Nov-2025

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.

View full answer

How has been the historical performance of Smartworks Cowor?

06-Nov-2025

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.

View full answer
iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

With HIgh Debt (Debt-Equity Ratio at 8.56 times)- the company has a Weak Long Term Fundamental Strength

  • High Debt Company with a Debt to Equity ratio (avg) of 5.11 times
  • The company has reported losses. Due to this company has reported negative ROE
2

With a growth in Net Sales of 5.11%, the company declared Outstanding results in Jun 26

3

With ROCE of 6.4, it has a Fair valuation with a 2 Enterprise value to Capital Employed

4

Majority shareholders : Promoters

 
stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Diversified Commercial Services

stock-summary
Market cap

INR 5,553 Cr (Small Cap)

stock-summary
P/E

200.00

stock-summary
Industry P/E

32

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

8.56

stock-summary
Return on Equity

1.98%

stock-summary
Price to Book

10.51

Revenue and Profits:
Net Sales:
546 Cr
(Quarterly Results - Jun 2026)
Net Profit:
13 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
5.48%
0%
5.48%
6 Months
5.85%
0%
5.85%
1 Year
11.08%
0%
11.08%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Smartworks Cowor for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Smartworks Gains 3.66%: 3 Key Factors Driving the Week’s Momentum

Announcements stock-summary

Icon
No announcement available

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
48.90%
EBIT Growth (5y)
148.83%
EBIT to Interest (avg)
0.30
Debt to EBITDA (avg)
4.63
Net Debt to Equity (avg)
2.99
Sales to Capital Employed (avg)
0.32
Tax Ratio
20.40%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
9.19%
ROCE (avg)
5.61%
ROE (avg)
0

Valuation key factors

Factor
Value
P/E Ratio
200
Industry P/E
32
Price to Book Value
10.51
EV to EBIT
28.19
EV to EBITDA
8.03
EV to Capital Employed
1.99
EV to Sales
5.16
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
6.42%
ROE (Latest)
1.98%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bullish
RSI
No Signal
Bollinger Bands
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Jun 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 8 Schemes (3.02%)

FIIs

Held by 8 FIIs (0.28%)

Promoter with highest holding

Ns Niketan Llp (37.03%)

Highest Public shareholder

Space Solutions India Pte. Ltd. (14.9%)

Individual Investors Holdings

7.74%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'26 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2026 is 5.11% vs 10.07% in Mar 2026",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2026 is -20.88% vs 1,240.32% in Mar 2026",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Jun'26",
        "Mar'26",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "546.25",
          "val2": "519.68",
          "chgp": "5.11%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "345.96",
          "val2": "338.35",
          "chgp": "2.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "96.10",
          "val2": "95.06",
          "chgp": "1.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "13.15",
          "val2": "16.62",
          "chgp": "-20.88%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "63.33%",
          "val2": "65.11%",
          "chgp": "-1.78%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "778.39",
          "val2": "650.71",
          "chgp": "19.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "494.49",
          "val2": "398.27",
          "chgp": "24.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "171.58",
          "val2": "170.52",
          "chgp": "0.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-8.30",
          "val2": "-37.24",
          "chgp": "77.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "63.53%",
          "val2": "61.21%",
          "chgp": "2.32%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,239.38",
          "val2": "991.00",
          "chgp": "25.06%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "791.03",
          "val2": "608.10",
          "chgp": "30.08%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "267.27",
          "val2": "255.13",
          "chgp": "4.76%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-8.01",
          "val2": "-54.66",
          "chgp": "85.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "63.82%",
          "val2": "61.36%",
          "chgp": "2.46%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'26",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2026 is 30.69% vs 32.20% in Mar 2025",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2026 is 116.67% vs -26.46% in Mar 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,795.81",
          "val2": "1,374.06",
          "chgp": "30.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,155.13",
          "val2": "857.27",
          "chgp": "34.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "366.11",
          "val2": "336.34",
          "chgp": "8.85%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "10.53",
          "val2": "-63.18",
          "chgp": "116.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "64.32%",
          "val2": "62.39%",
          "chgp": "1.93%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Jun'26 - QoQstock-summary

Jun'26
Mar'26
Change(%)
Net Sales
546.25
519.68
5.11%
Operating Profit (PBDIT) excl Other Income
345.96
338.35
2.25%
Interest
96.10
95.06
1.09%
Exceptional Items
0.00
0.00
Consolidate Net Profit
13.15
16.62
-20.88%
Operating Profit Margin (Excl OI)
63.33%
65.11%
-1.78%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2026 is 5.11% vs 10.07% in Mar 2026

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Jun 2026 is -20.88% vs 1,240.32% in Mar 2026

Half Yearly Results Snapshot (Standalone) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
778.39
650.71
19.62%
Operating Profit (PBDIT) excl Other Income
494.49
398.27
24.16%
Interest
171.58
170.52
0.62%
Exceptional Items
0.00
0.00
Standalone Net Profit
-8.30
-37.24
77.71%
Operating Profit Margin (Excl OI)
63.53%
61.21%
2.32%
Values in Rs Cr.
Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

Nine Monthly Results Snapshot (Standalone) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
1,239.38
991.00
25.06%
Operating Profit (PBDIT) excl Other Income
791.03
608.10
30.08%
Interest
267.27
255.13
4.76%
Exceptional Items
0.00
0.00
Standalone Net Profit
-8.01
-54.66
85.35%
Operating Profit Margin (Excl OI)
63.82%
61.36%
2.46%
Values in Rs Cr.
Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

Annual Results Snapshot (Consolidated) - Mar'26stock-summary

Mar'26
Mar'25
Change(%)
Net Sales
1,795.81
1,374.06
30.69%
Operating Profit (PBDIT) excl Other Income
1,155.13
857.27
34.75%
Interest
366.11
336.34
8.85%
Exceptional Items
0.00
0.00
Consolidate Net Profit
10.53
-63.18
116.67%
Operating Profit Margin (Excl OI)
64.32%
62.39%
1.93%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2026 is 30.69% vs 32.20% in Mar 2025

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2026 is 116.67% vs -26.46% in Mar 2025

stock-summaryCompany CV
About Smartworks Coworking Spaces Ltd stock-summary
stock-summary
Smartworks Coworking Spaces Ltd
Small Cap
Diversified Commercial Services
No Details Available.
Company Coordinates stock-summary
Icon
No Company Details Available