Press release dated October 30, 2026, titled "Smartworks Raises FY27 Revenue Growth Guidance after Strong Q2…
As filed · Smartworks Coworking Spaces Limited has informed the Exchange regarding a press release dated October 30, 2026, titled "Smartworks Raises FY27 Revenue Growth Guidance after Strong Q2 FY27 Performance"
What happened
FactA press release dated October 30, 2026, titled "Smartworks Raises FY27 Revenue Growth Guidance after Strong Q2 FY27 Performance". Growth Guidance after Strong Q2 FY27 Performance - Revenue grows 39% YoY to ₹591. crore; Normalised EBITDA rises 68% YoY to ₹117 crore; Normalised PAT more than doubles.
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Pricing
Revisedit used to be around INR 170 per square foot.
there has been an increment of INR 11 per square foot in our mature capacity.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- we are guiding for 2.5 to 3 million square feet of operational square foot addition this year. (management committed by FY27)
- we have guided for adding 2.5 to 3 million square feet in fiscal year '27, with our revenue guidance being con (management committed by FY27)
Evidence
- Smartworks Coworking Spaces Limited has informed the Exchange regarding a press release dated October 30, 2026, titled "Smartworks Raises FY27 Revenue Growth Guidance after Strong Q2 FY27 Performance".(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- RESULTS base 68; +2 corroborating keywords; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%