Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Financial Year ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 & 33 of SEBI LODR

Audit Opinion:

Unmodified opinion issued by Walker Chandiok & Co LLP, Chartered Accountants (Firm Registration No.: 001076N/N500013) on both standalone and consolidated financial results for FY 2025-26.

Key Financial Highlights [Unit: ₹ millions]:

Standalone Results:

For the year ended March 31, 2026 (Audited):

  • Total Income: ₹3,582.95
  • Total Expenses: ₹3,406.81
  • Profit Before Tax: ₹509.01 (from continuing operations) + ₹158.86 (from discontinued operations) = ₹667.87
  • Profit for the year: ₹667.87
  • Other Comprehensive Income: ₹0.06
  • Total Comprehensive Income: ₹667.93
  • Paid-up equity share capital (Face value ₹10 each): ₹715.40
  • Other Equity: ₹4,744.99
  • Earnings Per Share (Basic & Diluted): ₹9.36 (for continuing and discontinued operations)
  • Cash and Cash Equivalents: ₹560.88

For the quarter ended March 31, 2026 (Unaudited, balancing figures):

  • Total Income: ₹686.40 (discontinued operations segment)
  • Profit for the quarter from discontinued operations: ₹45.35

Consolidated Results:

For the year ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹14,934.84
  • Other Income: ₹926.41
  • Total Income: ₹15,861.25
  • Total Expenses: ₹15,138.74
  • Profit Before Tax: ₹722.51
  • Tax Expense: ₹13.98
  • Profit for the year: ₹708.53
  • Other Comprehensive Income: ₹0.06
  • Total Comprehensive Income: ₹708.59
  • Paid-up equity share capital: ₹715.40
  • Other Equity: ₹4,809.05
  • Earnings Per Share - Basic: ₹9.93; Diluted: ₹9.92
  • Cash and Cash Eququivalents: ₹564.22

For the quarter ended March 31, 2026 (Unaudited, balancing figures):

  • Revenue from Operations: ₹4,101.44
  • Total Income: ₹4,291.61
  • Profit Before Tax: ₹235.02
  • Profit for the quarter: ₹232.48
  • EPS - Basic: ₹3.25; Diluted: ₹3.25

Segment-wise Performance:

For the year ended March 31, 2026 (Audited):

1. Co-working space on rent and allied services:

  • Revenue: ₹12,368.53
  • Segment Result: ₹885.01

2. Construction and fit-out projects:

  • Revenue: ₹2,566.31
  • Segment Result: ₹158.86

3. Others:

  • Revenue: Not Specified (regrouped)
  • Segment Result: ₹2.39

Corporate Actions:

  • During Q4 FY26, allotted 31,450 equity shares (face value ₹10) upon exercise of Employee Stock Option under EDSOP 2015.
  • During Q4 FY26, granted 10,000 Employee Stock Options to eligible employees under Awfis Space Solutions Employee Stock Option Scheme - 2024.
  • No dividend declared for the period.

Other Significant Information:

Business Transfer Agreement:

  • Pursuant to Board approval on December 23, 2025, entered into a Business Transfer Agreement with Awfis Transform Private Limited (wholly-owned subsidiary, incorporated December 3, 2025).
  • For sale of the company's Design and Build undertaking on a slump sale basis as a going concern.
  • Initial Purchase Price: ₹265.91 million.
  • Timeline for completion extended by Board on February 26, 2026, now expected by end of calendar year 2026.
  • The undertaking is disclosed as a discontinued operation under Ind AS 105.

Financing Facilities:

  • Received in-principle sanction from IDFC First Bank Limited for:
  • Term Loan facility: ₹750 million
  • Purpose: Reimbursement of capital expenditure and/or fresh capex requirements.
  • Proposed tenor: 48 months door-to-door.
  • Security: Exclusive charge on moveable fixed assets at specific centres (min cover 0.50x) and exclusive charge on receivables from approved counterparties (min cover 2.0x).
  • Overdraft facility: ₹50 million
  • Purpose: Business operating expenditure requirements.
  • Security structure yet to be finalized.
  • Both facilities are subject to finalization and execution of sanction letters and facility documents.

Entities in Consolidation:

Holding Company: Awfis Space Solutions Limited

Subsidiaries:

  • Awliv Living Solutions Private Limited
  • Awfis Transform Private Limited

Effective Date Clarity:

  • The financial results and board approvals are effective from the date of the board meeting, May 25, 2026.
  • The business transfer to ATPL is now expected to be completed by end of calendar year 2026.

Earnings Quality Flagging:

  • The results include exceptional items in the comparative period (FY25) but none in the current period (FY26).
  • Discontinued operations are separately disclosed.