Smartworks Coworking Spaces Live Share Price Today, Share Analysis and Chart

Disclosure under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015-Audio Recording

Shareholder''s Letter dated October 30, 2026

Special Consumer Services company Smartworks Coworking Spaces announced Q2FY27 results Consolidated Financial Highlights: Revenue from operations: For Q2FY27, revenue from operations stood at Rs 5,913.70 million, registering a QoQ increase of 8.26% from Rs 5,462.48 million in Q1FY27 and a YoY increase of 39.22% from Rs 4,247.83 million in Q2FY26. For H1FY27, revenue from operations reached Rs 11,376.18 million, showing a growth of 41.50% compared to Rs 8,039.94 million in H1FY26. Total income: For Q2FY27, total income was Rs 6,053.01 million, up 8.15% QoQ from Rs 5,596.66 million in Q1FY27 and up 37.24% YoY from Rs 4,410.67 million in Q2FY26. For H1FY27, total income stood at Rs 11,649.67 million, a growth of 40.52% compared to Rs 8,290.54 million in H1FY26. Profit before tax (PBT): For Q2FY27, PBT was Rs 348.70 million, up 98.49% QoQ from Rs 175.68 million in Q1FY27 and up 894.85% YoY from a loss before tax of Rs 43.87 million in Q2FY26. For H1FY27, PBT stood at Rs 524.38 million, turning around by 626.70% from a loss before tax of Rs 99.56 million in H1FY26. Profit after tax (PAT): For Q2FY27, PAT was Rs 256.41 million, expanding by 95.02% QoQ from Rs 131.48 million in Q1FY27 and up 916.85% YoY from a loss of Rs 31.39 million in Q2FY26. For H1FY27, PAT stood at Rs 387.89 million, a turnaround of 628.75% from a net loss of Rs 73.36 million in H1FY26. Earnings per share (EPS): For Q2FY27, basic and diluted EPS stood at Rs 2.24, rising 94.78% QoQ from Rs 1.15 in Q1FY27 and up 929.63% YoY from a negative EPS of Rs 0.27 in Q2FY26. For H1FY27, basic and diluted EPS was Rs 3.39, growing 598.53% compared to a negative EPS of Rs 0.68 in H1FY26. Standalone Financial Highlights: Revenue from operations: For Q2FY27, revenue from operations stood at Rs 5,727.89 million, increasing by 8.54% QoQ from Rs 5,277.13 million in Q1FY27 and growing 38.49% YoY from Rs 4,136.09 million in Q2FY26. For H1FY27, revenue from operations reached Rs 11,005.02 million, an increase of 41.38% compared to Rs 7,783.94 million in H1FY26. Total income: For Q2FY27, total income was Rs 5,870.97 million, up 8.43% QoQ from Rs 5,414.34 million in Q1FY27 and up 36.45% YoY from Rs 4,302.69 million in Q2FY26. For H1FY27, total income stood at Rs 11,285.31 million, higher by 40.33% compared to Rs 8,041.91 million in H1FY26. Profit before tax (PBT): For Q2FY27, PBT was Rs 372.34 million, rising 171.15% QoQ from Rs 137.32 million in Q1FY27 and increasing 833.96% YoY from a loss before tax of Rs 50.73 million in Q2FY26. For H1FY27, PBT was Rs 509.66 million, a turnaround of 559.61% compared to a loss before tax of Rs 110.89 million in H1FY26. Profit after tax (PAT): For Q2FY27, PAT stood at Rs 278.62 million, advancing 171.14% QoQ from Rs 102.76 million in Q1FY27 and up 833.98% YoY from a net loss of Rs 37.96 million in Q2FY26. For H1FY27, PAT stood at Rs 381.38 million, reflecting a turnaround of 559.60% from a net loss of Rs 82.98 million in H1FY26. Earnings per share (EPS): For Q2FY27, basic and diluted EPS was Rs 2.44, up 171.11% QoQ from Rs 0.90 in Q1FY27 and up 839.39% YoY from a negative EPS of Rs 0.33 in Q2FY26. For H1FY27, basic and diluted EPS reached Rs 3.34, increasing 533.77% compared to a negative EPS of Rs 0.77 in H1FY26. Neetish Sarda, Founder & Managing Director, Smartworks, said: “We have delivered a strong performance in the first half and are tracking well ahead of the plan we set for FY27. This quarter, revenue grew 39% and normalised profit after tax more than doubled over last year, even as we invested through our heaviest expansion phase - and on the back of this, we have raised our full-year revenue growth guidance. It reflects what we have always believed: at scale, our growth and profitability compound together. We are seeing sustained demand translate into growth. Existing clients are expanding with us across cities, while new global businesses, Indian conglomerates and GCCs are choosing our platform for their infrastructure needs. Our increasingly diversified client portfolio and growing pipeline of large deals reinforce the strength of our business model. As large corporates expand across cities, they increasingly want the flexibility to grow teams, enter new markets and become operational quickly, without the complexity of building offices themselves - and large-format managed campuses are emerging as their preferred choice. We continue to add campuses in prime locations across key business markets, creating the capacity for corporates to scale and grow. As the only listed flex player to post six consecutive quarters of sequential revenue and margin growth, with margins expanding ~360 bps, we have shown our ability to convert this demand into consistent financial performance. With our scale, developer partnerships and the category we have built, Smartworks is driving the next phase of growth in flexible, managed workspaces in India.” Result PDF

Disclosure under Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015- Presentation on the Unaudited Financial Results for the quarter and half year ended September 30, 2026

Media Release Un-Audited (Standalone & Consolidated) Financial Results for the quarter and half year ended September 30, 2026 - Titled: Smartworks Raises FY27 Revenue Growth Guidance after Strong Q2 FY27 Performance - Revenue grows 39% YoY to Rs 591 Crore; Normalised EBITDA rises 68% to Rs 117 Crore; Normalised PAT more than doubles to ~Rs 43.4 Crore, up 136% YoY