Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
SMARTWORKS COWORKING SP L

SMARTWORKS COWORKING SP L

NSE: SMARTWORKS
Real Estate ServicesReal EstateSMALL CAPMCap ₹5.43k Cr
₹474.30₹-8.05 (-1.67%)

Market Closed • NSE

Market cap₹5.43k Cr
Enterprise value₹10.06k Cr
P/E TTM65.24
Forward P/E38.34
P/B10.25
EPS TTM₹7.27
Forward EPS₹12.37
ROCE8.30%
D/E9.00
Dividend yield0.00%
Face value₹10.00
52W high₹619.00
52W low₹361.50
Price chart(1Y)
1Y Return:+4.68% (+₹21.20)
H: ₹567.9L: ₹439
1W-4.72%
1M-11.44%
3M+0.84%
6M+12.35%
1Y-21.62%
Today at a glance

Day range

₹473.00₹490.00

52 week range

₹361.50₹619.00
Volume65.2K0.78x 20D avg
Free float50.00%-22.00% volume

SMARTWORKS COWORKING SP L closed at INR474.30 (-1.67%) on volume 0.78x its 20-day average, trading 23.38% below its 52-week high.

Technical analysis
RSI (14)31.3Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹18.79High
SMA 20₹518.29BEARISH
SMA 50₹515.15BEARISH
SMA 100₹491.00BEARISH
SMA 200₹462.74BULLISH
CPR bottom₹486.00
Pivot₹484.78
CPR top₹483.57
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -23.5% QoQ

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹4884.89k Cr₹5.43k Cr90042.50%≤ 33%FAIL
Non-halal income ratio–₹1.80k Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹5.43k Cr—≥ 20%PASS
Receivables ratio–₹5.43k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E65.2422.40
Forward P/E38.34—
P/B10.252.30
EV/EBITDA—18.00
PEG—0.10
Earnings yield1.504.50
Growth & profitability
RevenuePAT
FY24PAT margin -4.80%
FY25PAT margin -4.60%
FY26PAT margin 0.60%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y—
Revenue CAGR 5Y+11.60%
PAT CAGR 3Y—
PAT CAGR 5Y—
Operating margin18.35%
Net margin1.42%
Financial health & cash flow
Net debt₹4884.89k CrModerate
Interest coverage—xEBIT / interest
CFO / PAT108.82x3Y average
Net debt / EBITDA—Leverage
Operating cash flow–
Capital expenditure–
Free cash flow–
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall40/100
Valuation35/100
Profitability65/100
Financial health20/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 108.82x over last 3 years

Risks

Elevated Leverage Burden: Debt-to-Equity stands at 9.00x

Stretched Valuation: Trading at a high P/E multiple of 65.2x

Bull case

Market Leadership: Established operational scale in Real Estate Services.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2025Dec 2025
9.20%Institutional holding
32.47%Public holding
2Periods available
0.00%Promoter pledged
20.26KShareholders
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)61.14%-1.45% latest vs average
Highest delivery83.80%on 18 Sept
Average volume (20D)89.1KTrading-session average
Conviction trendWeakening-1.45% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
DLF Limited
DLF LimitedDLF
Open analysis
₹1.61L36.111.26%₹1,280.00₹794.00-52.89%+4.06%
Lodha Developers Limited
Lodha Developers LimitedLODHA
Open analysis
₹1.06L25.840.40%₹4,997.00₹1,373.00+43.10%+103.41%
The Phoenix Mills Limited
The Phoenix Mills LimitedPHOENIXLTD
Open analysis
₹64,850.5750.500.14%₹1,233.20₹403.35+21.34%+50.04%
Oberoi Realty Limited
Oberoi Realty LimitedOBEROIRLTY
Open analysis
₹61,768.7523.490.48%₹1,038.00₹508.00+33.94%+64.40%
Prestige Estates Projects Limited
Prestige Estates Projects LimitedPRESTIGE
Open analysis
₹60,595.1353.190.14%₹2,675.00₹271.00+15.95%-13.14%
Godrej Properties Limited
Godrej Properties LimitedGODREJPROP
Open analysis
₹46,690.1129.170.65%₹121.00₹61.00+14.15%+8.93%
Anant Raj Limited
Anant Raj LimitedANANTRAJ
Open analysis
₹20,539.9834.590.17%₹631.00₹149.00+6.59%+18.25%
Brigade Enterprises Limited
Brigade Enterprises LimitedBRIGADE
Open analysis
₹17,899.7925.780.37%₹1,116.00₹217.00-12.88%+37.34%
About SMARTWORKS COWORKING SP L
SMARTWORKS COWORKING SP L

Incorporated in 2015, Smartworks Coworking Spaces Limited is engaged in the business of customized managed workspace solutions, offering fully serviced, tech-enabled office environments.[1]

IndiaReal Estate

Questions investors ask
Is SMARTWORKS COWORKING SP L Shariah compliant?

SMARTWORKS COWORKING SP L is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (90042.5%) exceeds AAOIFI threshold (≤ 33%).

What is SMARTWORKS COWORKING SP L's current valuation relative to peers?

SMARTWORKS COWORKING SP L trades at a P/E of 65.2x compared to the sector median of 22.4x, and a Price-to-Book of 10.2x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 9.00x. Interest coverage is comfortable.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 11.6% while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.