Smartworks Coworking Spaces Ltd (SMARTWORKS) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

1.36 lacs (317.50%) Volume

Shareholding (Mar 2026)

FII

0.15%

Held by 7 FIIs

DII

9.06%

Held by 12 DIIs

Promoter

58.32%

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.

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.

Which are the latest news on Smartworks Cowor?

03-Dec-2025

Is Smartworks Cowor overvalued or undervalued?
How has been the historical performance of Smartworks Cowor?

Why is Smartworks Cowor falling/rising?

04-Dec-2025

As of 03-Dec, Smartworks Coworking Spaces Ltd's stock price is at 453.00, down 2.9% and has declined 21.29% over the last 11 days. The stock is trading below its moving averages, indicating a bearish trend, despite increased investor participation.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

With HIgh Debt (Debt-Equity Ratio at 7.93 times)- the company has a Weak Long Term Fundamental Strength

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

With ROCE of 6.2, it has a Expensive valuation with a 1.9 Enterprise value to Capital Employed

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Diversified Commercial Services

Market cap

INR 5,507 Cr (Mid Cap)

P/E

500.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

7.93

Return on Equity

-12.05%

Price to Book

9.93

Revenue and Profits:

Net Sales:

520 Cr

(Quarterly Results - Mar 2026)

Net Profit:

17 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

19.53%

6 Months

4.75%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Smartworks Cowor for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Smartworks Coworking Spaces Ltd Technical Momentum Shifts Amid Mixed Market Signals

Smartworks Coworking Spaces Ltd has experienced a subtle shift in price momentum, moving from a sideways trend to a mildly bullish stance according to recent technical indicators. Despite a modest day gain of 2.07%, the stock remains under pressure with a MarketsMOJO Mojo Grade downgraded from Hold to Sell, reflecting cautious sentiment amid mixed signals from key momentum and volume indicators.

Smartworks Coworking Spaces Ltd Valuation Shifts Signal Growing Price Pressure

Smartworks Coworking Spaces Ltd has seen a notable shift in its valuation parameters, moving from a fair to an expensive rating, reflecting changing investor sentiment and sector dynamics. Despite a modest day gain of 2.07%, the company’s price-to-earnings (P/E) and price-to-book value (P/BV) ratios have surged well above historical and peer averages, prompting a downgrade in its Mojo Grade from Hold to Sell.

Smartworks Coworking Spaces Ltd Downgraded to Sell Amid Technical and Fundamental Concerns

Smartworks Coworking Spaces Ltd has seen its investment rating downgraded from Hold to Sell, reflecting a shift in technical indicators and ongoing concerns over its financial leverage. Despite impressive quarterly growth and operational milestones, the company’s elevated debt levels and deteriorating technical trends have prompted a reassessment of its investment appeal.

Announcement under Regulation 30 (LODR)-Change in RTA

15-Jun-2026 | Source : BSE

Intimation under Regulation 7 & 30 read with Schedule III of SEBI (Listing Obligations and Disclosure requirements) 2015 regarding change in RTA due to merger of CB Management Services Private Limited into MUFG Intime India Private Limited

Press Release - Smartworks Expands In Singapore; Adds Over 15000 Sq. Ft. At Manulife Tower- The Companys Total Singapore Footprint Crosses 50000 Sq. Ft.

15-Jun-2026 | Source : BSE

Press Release - Smartworks expands in Singapore; Adds over 15000 sq. ft. at Manulife Tower- The Companys total Singapore footprint crosses 50000 sq. ft.

Press Release - Smartworks Leases 400+ Seats To Japanese NBFC Subsidiary In Mumbai

08-Jun-2026 | Source : BSE

Press Release - Smartworks leases 400+ seats to Japanese NBFC Subsidiary in Mumbai

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

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

Pledged Shares

Institutional Holding

9.22%

ROCE (avg)

5.61%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

500

Industry P/E

Price to Book Value

9.93

EV to EBIT

31.06

EV to EBITDA

8.74

EV to Capital Employed

1.94

EV to Sales

5.60

PEG Ratio

Dividend Yield

ROCE (Latest)

6.24%

ROE (Latest)

1.32%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Mildly Bearish (Daily)

KST

Bullish

Dow Theory

Mildly Bullish

OBV

Mildly Bullish

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 9 Schemes (3.15%)

FIIs

Held by 7 FIIs (0.15%)

Promoter with highest holding

Ns Niketan (37.03%)

Highest Public shareholder

Space Solutions India Pte. Ltd. (14.9%)

Individual Investors Holdings

7.71%

Financial

[
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    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Mar'26 - QoQ",
    "rhs": [
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        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Mar 2026 is 9.90% vs 11.46% in Dec 2025",
        "dir": -1
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        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Mar 2026 is 5,079.31% vs 107.63% in Dec 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Dec'25",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "506.63",
          "val2": "460.99",
          "chgp": "9.90%",
          "chgp_class": "positive"
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "328.20",
          "val2": "296.54",
          "chgp": "10.68%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "93.54",
          "val2": "95.69",
          "chgp": "-2.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "15.02",
          "val2": "0.29",
          "chgp": "5,079.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "64.78%",
          "val2": "64.33%",
          "chgp": "0.45%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "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": [
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          "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(%)"
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          "val2": "1,374.06",
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          "chgp_class": "positive"
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,155.13",
          "val2": "857.27",
          "chgp": "34.75%",
          "chgp_class": "positive"
        },
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          "field": "Interest",
          "val1": "366.11",
          "val2": "336.34",
          "chgp": "8.85%",
          "chgp_class": "negative"
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        {
          "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)",
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          "val2": "62.39%",
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Quarterly Results Snapshot (Standalone) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

506.63

460.99

9.90%

Operating Profit (PBDIT) excl Other Income

328.20

296.54

10.68%

Interest

93.54

95.69

-2.25%

Exceptional Items

0.00

Standalone Net Profit

15.02

0.29

5,079.31%

Operating Profit Margin (Excl OI)

64.78%

64.33%

0.45%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 9.90% vs 11.46% in Dec 2025

Standalone Net Profit

QoQ Growth in quarter ended Mar 2026 is 5,079.31% vs 107.63% in Dec 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

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

Standalone Net Profit

-8.30

-37.24

77.71%

Operating Profit Margin (Excl OI)

63.53%

61.21%

2.32%

Values in Rs Cr.

Compare with Peers

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

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'25

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

Standalone Net Profit

-8.01

-54.66

85.35%

Operating Profit Margin (Excl OI)

63.82%

61.36%

2.46%

Values in Rs Cr.

Compare with Peers

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

All Nine Monthly Results

Annual Results Snapshot (Consolidated) - Mar'26

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

Consolidate Net Profit

10.53

-63.18

116.67%

Operating Profit Margin (Excl OI)

64.32%

62.39%

1.93%

Values in Rs Cr.

Compare with Peers

Net Sales

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

Consolidated Net Profit

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

All Annual Results

Company CV

About Smartworks Coworking Spaces Ltd

Smartworks Coworking Spaces Ltd

Mid Cap

Diversified Commercial Services

No Details Available.

Company Coordinates

No Company Details Available

Name: MOJO Markets Private Limited (Research Entity) (SEBI Registration No. INH000021942) (CIN:U74900MH2015PTC264951)

Registered & Correspondence Address: Benefice Business House, Office No. 3B, 3rd Floor, C.S. 242, Mathuradas Mills Estate, N.M. Joshi Marg, Tulsi Pipe Road, Lower Parel West, Mumbai- 400013

For queries or grievances, please contact us on support.ra@mojomarkets.in, Phone : 022-35121239

"Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors."

Smartworks Cowor

1Day

52 Week

CASH

FII

DII

Promoter

How has been the historical performance of Smartworks Cowor?

Is Smartworks Cowor overvalued or undervalued?

Which are the latest news on Smartworks Cowor?

Why is Smartworks Cowor falling/rising?

Dashboard

With HIgh Debt (Debt-Equity Ratio at 7.93 times)- the company has a Weak Long Term Fundamental Strength

With ROCE of 6.2, it has a Expensive valuation with a 1.9 Enterprise value to Capital Employed

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

Returns Beta

News

Smartworks Coworking Spaces Ltd Technical Momentum Shifts Amid Mixed Market Signals

Smartworks Coworking Spaces Ltd Valuation Shifts Signal Growing Price Pressure

Smartworks Coworking Spaces Ltd Downgraded to Sell Amid Technical and Fundamental Concerns

Announcements

Announcement under Regulation 30 (LODR)-Change in RTA

Press Release - Smartworks Expands In Singapore; Adds Over 15000 Sq. Ft. At Manulife Tower- The Companys Total Singapore Footprint Crosses 50000 Sq. Ft.

Press Release - Smartworks Leases 400+ Seats To Japanese NBFC Subsidiary In Mumbai

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Quarterly Results Snapshot (Standalone) - Mar'26 - QoQ

Half Yearly Results Snapshot (Standalone) - Sep'25

Nine Monthly Results Snapshot (Standalone) - Dec'25

Annual Results Snapshot (Consolidated) - Mar'26

About Smartworks Coworking Spaces Ltd

Company Coordinates