Smartworks FY26 PAT Profit of ₹97 Cr, Revenue Up 31%

Smartworks reported its first full-year PAT profitability of ₹97 Cr in FY26, a significant turnaround from a ₹63 Cr loss in FY25.
Revenue from operations grew 31% YoY to ₹1,796 Cr, with normalized EBITDA surging 75% to ₹314 Cr and margin expanding 440 bps to 17.5%.
The company became India's first listed flex workspace platform to cross 10.1 million sq ft operational area with ₹5,200+ Cr contracted rental revenue.
Smartworks achieved net debt-negative position (₹56 Cr net cash), OCF exceeding EBITDA, and secured 100% FY27 supply visibility with 75% for FY28.