Smartworks Coworking Spaces Limited Stock Price Today (NSE: SMARTWORKS)

Smartworks Coworking Spaces Limited

481.65+12.60 (+2.69%)
Market Closed

Fundamental Score

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Smartworks Coworking Spaces Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Smartworks Coworking Spaces Limited share price today is 481.65, up +2.69% on NSE/BSE as of 3 August 2026. Smartworks Coworking Spaces Limited (SMARTWORKS) is a Mid-cap company in the Diversified Commercial Services sector with a market capitalisation of 5.29K (Cr). The 52-week high for SMARTWORKS share price is 619.00 and the 52-week low is 361.50. At a P/E ratio of 502.16x, SMARTWORKS is currently trading above its industry average P/E of 19.79x. The company has a Return on Equity (ROE) of 3.30% and a debt-to-equity ratio of 9.00.

Smartworks Coworking Spaces Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
511.80
Low
450.05
Volume
85.0K
Change
-4.22%

Smartworks Coworking Spaces Limited share price chart: -4.22% return over the past month. 52-week high ₹619.00, 52-week low ₹361.50.

Smartworks Coworking Spaces Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
467.05476.55464.55470.501.32L (Cr)
486.15486.95477.00480.0029.93K (Cr)
491.95495.00476.40478.952.65L (Cr)
481.70488.75477.70485.0071.67K (Cr)
491.00511.80485.00500.003.29L (Cr)
458.00488.75452.55486.051.41L (Cr)
462.00467.00452.90455.5029.14K (Cr)
470.05471.45462.00463.8533.98K (Cr)
473.85473.85459.90464.1033.29K (Cr)
476.45478.00465.00470.3556.84K (Cr)

Smartworks Coworking Spaces Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
484.90511.80450.05470.50-2.97%
432.75499.00431.00486.15+12.34%
432.50479.70418.00434.75+0.52%
381.50475.00368.00432.50+13.37%
409.90417.00361.50372.45-9.14%
448.00476.25388.00410.05-8.47%
498.70528.25430.00462.70-7.22%
480.00502.00423.10494.75+3.07%
575.65619.00475.10480.65-16.50%
559.10617.90532.05579.65+3.68%
489.00586.00486.70561.75+14.88%
425.35505.10414.60489.20+15.01%

AI Research Briefing

Powered by Gemini · 2026-04-09

Smartworks is a leveraged bet on enterprise-grade flexible office space, but balance sheet risks keep it on the watchlist.

Research Confidence
6.0/10Moderate
OPERATOR-DRIVEN1M: -19.35%, 3M: -10.04%. Breakdown.P/E Nonex vs Industry P/E of 23.64x. Valuation is unclear due to negative earnings.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Smartworks expanded its multi-city managed office deal with a Forbes 2000 global CX leader, adding 1,150 seats at its Navi Mumbai campus. This brings the client's total footprint to over 5,000 seats across Bengaluru, Kolkata, Hyderabad, and Mumbai. The expected rental revenue from these locations is projected to exceed , including from the Mumbai deal. Promoters acquired 70,742 equity shares through open market purchases between March 20-30, 2026. Smartworks also announced a capacity expansion in Hyderabad, leasing 1,25,906 sq ft of additional workspace, requiring an investment of s, scheduled for completion in April 2026.

CORE STORY (THE REAL GAME)

Smartworks is playing the enterprise-focused, multi-city managed office space game, not just co-working. They are scaling by securing large, long-term mandates from global corporations.

Why Now
  • ₹155 Cr rental revenue deal signals strong enterprise demand
  • Hyderabad expansion shows aggressive growth strategy
  • Promoter buying indicates confidence (but small amount)
Potential Catalysts
  • Significant earnings beat
  • Major new enterprise client acquisition
  • Debt restructuring
Key Risks
  • High Debt/Equity ratio of 8.6
  • Negative ROE of -81.99%
  • Low-interest coverage ratio of 0.76x
Institutional Activity

Promoter increased stake by 0.05%. Negligible.

Macro Context

India's Pro AV market is growing, but Moody's cut India's economic growth forecast. Mixed signals.

Order Book / Expansion

Expansion of multi-city deal with a Forbes 2000 company, targeting ₹155 crore rental revenue.

Cash Flow Quality

Free Cash Flow 5Y: ₹1544.21 Cr. Profit not converting to cash.

3–6 Month Outlook

Next 3-6 months hinge on execution of expansion plans and ability to improve profitability. Watch for further debt accumulation.

Primary Thesis Risk

Inability to service debt will kill the story.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

3.30%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

8.30%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

62.53%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Smartworks Coworking Spaces Limited Valuation Check

Poor

Price to Earnings (P/E)

502.16x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

19.79x

Average P/E of all peers in this sector

Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Shareholding Pattern

Excellent

Promoter Holding

58.32%

% shares held by company founders/management

Poor

FII Holding

0.16%

% shares held by foreign institutional investors

Average

DII Holding

9.06%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

300.24%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

44.99%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

45.06%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

16.34%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

17.02%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

9.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

1.04x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

2.27K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Smartworks Coworking Spaces Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of SMARTWORKS across key market metrics for learning purposes.

Positive Indicators

9 factors identified

Strong Operating Margins (62.53%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (300.24%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (44.99%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (45.06% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (16.34% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (17.02% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Strong Cash Generation (₹2267.55 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (58.32%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

7 factors identified

Below-Average Return on Equity (3.30%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (8.30%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 502.16x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Elevated Debt Levels (D/E: 9.00)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Weak Interest Coverage (1.04x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Limited Institutional Interest (FII+DII: 9.22%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Smartworks Coworking Spaces Limited vs Diversified Commercial Services Peers

Peer Comparison - Diversified Commercial Services

Compare Smartworks Coworking Spaces Limited with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
55.7/100
482
₹5287.73
502.2
Average
3.30%
Poor
8.30%
Poor
9.0
Poor
17.02%
Excellent
45.06%
Excellent
0.00%
72.2/100
353
₹15268.32
26.2
Average
23.22%
Excellent
30.72%
Excellent
0.0
Excellent
67.78%
Excellent
48.99%
Excellent
0.71%
Nesco Ltd...
NESCO505355
68.3/100
1065
₹7688.93
18.4
Average
14.84%
Average
18.54%
Good
0.1
Excellent
19.33%
Excellent
26.21%
Excellent
0.64%
61/100
16
₹7318.76
22.6
Average
23.06%
Excellent
16.17%
Good
0.1
Excellent
36.58%
Excellent
37.68%
Excellent
0.00%
10.1/100
135
₹6185.81
65.4
Average
2.47%
Poor
5.08%
Poor
0.6
Good
5.66%
Nirlon Ltd...
NIRLON500307
63.3/100
619
₹5787.56
16.7
Average
83.82%
Excellent
30.77%
Excellent
2.5
Poor
22.12%
Excellent
16.12%
Excellent
4.04%
39.7/100
264
₹4465.92
14.4
Average
13.20%
Average
17.65%
Good
0.1
Excellent
13.06%
Good
13.75%
Good
2.41%
53.2/100
333
₹4382.22
19.1
Average
20.38%
Excellent
23.04%
Excellent
0.1
Excellent
37.55%
Excellent
7.15%
Good
3.41%
11.3/100
134
₹3892.82
-2.70%
Poor
-1.14%
Poor
0.2
Excellent
-13.16%
Poor
0.00%
64/100
410
₹3761.22
19.8
Average
15.49%
Good
16.68%
Good
0.5
Good
59.97%
Excellent
36.76%
Excellent
0.46%
43.1/100
174
₹3630.89
-42.16%
Poor
6.38%
Poor
10.1
Poor
37.57%
Excellent
0.00%

Smartworks Coworking Spaces Limited Quarterly Performance

Latest quarterly metrics for SMARTWORKS — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

44.99%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

300.24%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

45.06%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

17.02%

Compounded annual net profit growth over 5 years

Smartworks Coworking Spaces Limited Technical Indicators

SMA 50, SMA 200, RSI and volume signals for SMARTWORKS — calculated from daily price history

52RSI 14
Neutral — RSI 52

Momentum is balanced — neither overbought nor oversold.

SMA 50
462
▲ Price above SMA 50 — Short-term bullish
SMA 200
469
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
98K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Smartworks Coworking Spaces Limited Financial Statements

Annual income statement, balance sheet and cash flow for Smartworks Coworking Spaces Limited (SMARTWORKS) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Smartworks Coworking Spaces Limited

About SMARTWORKS (Smartworks Coworking Spaces Limited)

Smartworks Coworking Spaces Limited is a dynamic provider of premium, tech-enabled workspace solutions, reshaping the commercial landscape across India. More than just offering des...ks and chairs, Smartworks crafts vibrant ecosystems designed to foster collaboration, innovation, and productivity. The company distinguishes itself through meticulously designed spaces that blend contemporary aesthetics with functional layouts, providing a stimulating environment conducive to both focused work and spontaneous interaction. Beyond physical infrastructure, Smartworks curates a holistic experience encompassing a wide array of value-added services, creating a seamless and empowering environment for businesses of all sizes to thrive. From startups seeking agility to established enterprises demanding scalability, Smartworks tailors solutions to meet the evolving needs of its diverse clientele. At the heart of Smartworks' offerings lies a commitment to providing comprehensive business support beyond the traditional office setting. The company meticulously manages its properties, ensuring impeccably maintained facilities that reflect a professional image. This includes comprehensive housekeeping and maintenance services, guaranteeing a pristine and inviting workspace. Further enhancing the user experience, Smartworks provides cutting-edge technological integrations. These include sophisticated software applications streamlining meeting room management, facilitating effortless visitor registration, and providing accurate attendance tracking. By seamlessly integrating technology with physical spaces, Smartworks empowers its members to optimize their operations and focus on their core business objectives. Smartworks Coworking Spaces Limited strives to deliver a premium and technologically advanced solution designed to revolutionize the workplace experience. With a focus on creating collaborative environments and seamlessly integrating technology, Smartworks is poised to remain at the forefront of the evolving co-working landscape. By consistently investing in infrastructure, technology, and service offerings, Smartworks is solidifying its position as a premier provider of flexible workspace solutions in India. Smartworks fosters a future where businesses can thrive, driven by innovative solutions and a commitment to excellence.

Company Details

Symbol:SMARTWORKS
Industry:Diversified Commercial Services
Sector:Diversified Commercial Services

Key Leadership

Mr. Neetish Sarda
Founder, MD & Executive Director
Mr. Harsh Binani
Co-Founder & Executive Director
Mr. Sahil Jain
Chief Financial Officer

SMARTWORKS Share Price: Frequently Asked Questions

What is the current share price of Smartworks Coworking Spaces Limited?

Smartworks Coworking Spaces Limited (SMARTWORKS) trades at ₹481.65 on NSE and BSE. Market cap ₹5.29K (Cr). Educational data only.

What is the P/E ratio of Smartworks Coworking Spaces Limited?

Smartworks Coworking Spaces Limited has a P/E of 502.16x vs industry average 19.79x.

What is the Bull Run score for Smartworks Coworking Spaces Limited?

Smartworks Coworking Spaces Limited has a Bull Run score of 55.7/100 based on 25+ financial parameters.

Does Smartworks Coworking Spaces Limited pay dividends?

Smartworks Coworking Spaces Limited has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Smartworks Coworking Spaces Limited?

Smartworks Coworking Spaces Limited has ROE of 3.30%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Smartworks Coworking Spaces Limited?

Smartworks Coworking Spaces Limited has debt-to-equity of 9.00.

Is Smartworks Coworking Spaces Limited a good investment?

Bull Run gives Smartworks Coworking Spaces Limited a score of 55.7/100. This is not investment advice — consult a SEBI-registered advisor.