{"id":164775,"date":"2026-07-22T15:59:17","date_gmt":"2026-07-22T10:29:17","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=164775"},"modified":"2026-07-22T15:59:18","modified_gmt":"2026-07-22T10:29:18","slug":"smartworks-coworking-q1-results-fy27-pat-13-crore","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/","title":{"rendered":"Smartworks Coworking Q1 Results FY27: Swings to Rs 13.1 Crore Profit as Revenue Grows 44%"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Smartworks Coworking Q1 FY27: net profit Rs 13.1 Cr vs loss of Rs 4.2 Cr. Revenue up 44% at Rs 546 Cr. EBITDA up 43.6% at Rs 346 Cr, margin 63.3%. Stock down 1.8% at Rs 491.00.<\/em><\/p>\n<p><a href=\"https:\/\/univest.in\/user\/stocks\/smartworks\/smartworks-coworking-spaces-li-share-price-today\">Smartworks Coworking<\/a> Q1 results FY27 were announced on Wednesday, 22 July 2026, with the managed workspace and coworking operator reporting a consolidated net profit of Rs 13.1 crore for the quarter ended 30 June 2026, a turnaround from a loss of Rs 4.2 crore in the year ago quarter. Revenue grew 44% to Rs 546 crore from Rs 379 crore.<\/p>\n<p>Shares of <a href=\"https:\/\/univest.in\/stocks\/smartworks\/smartworks-coworking-spaces-li-share-price-today\">Smartworks Coworking<\/a> fell 1.8% to Rs 491.00 on the NSE on the results day, a modest decline despite the swing to profit.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=smartworks-q1-fy27-pat\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#Smartworks_Coworking_Q1_Results_FY27_Key_Takeaways\" title=\"Smartworks Coworking Q1 Results FY27 Key Takeaways\">Smartworks Coworking Q1 Results FY27 Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#Smartworks_Coworking_Q1_Results_FY27_Financial_Highlights\" title=\"Smartworks Coworking Q1 Results FY27 Financial Highlights\">Smartworks Coworking Q1 Results FY27 Financial Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#Smartworks_Coworking_Q1_Results_FY27_Performance_Analysis\" title=\"Smartworks Coworking Q1 Results FY27 Performance Analysis\">Smartworks Coworking Q1 Results FY27 Performance Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#Smartworks_Coworking_Q1_Results_FY27_Key_Business_Factors\" title=\"Smartworks Coworking Q1 Results FY27: Key Business Factors\">Smartworks Coworking Q1 Results FY27: Key Business Factors<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#1_Revenue-Led_Turnaround\" title=\"1. Revenue-Led Turnaround\">1. Revenue-Led Turnaround<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#2_High_and_Stable_EBITDA_Margin\" title=\"2. High and Stable EBITDA Margin\">2. High and Stable EBITDA Margin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#3_Scaling_Toward_Consistent_Net_Profitability\" title=\"3. Scaling Toward Consistent Net Profitability\">3. Scaling Toward Consistent Net Profitability<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#Dividend_Details\" title=\"Dividend Details\">Dividend Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#Smartworks_Coworking_Q1_Results_FY27_Outlook_for_the_Full_Year\" title=\"Smartworks Coworking Q1 Results FY27 Outlook for the Full Year\">Smartworks Coworking Q1 Results FY27 Outlook for the Full Year<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#Smartworks_Coworking_Stock_Performance_After_the_Q1_Results\" title=\"Smartworks Coworking Stock Performance After the Q1 Results\">Smartworks Coworking Stock Performance After the Q1 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#Key_Risks\" title=\"Key Risks\">Key Risks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#1_Occupancy_and_Real_Estate_Cycle_Sensitivity\" title=\"1. Occupancy and Real Estate Cycle Sensitivity\">1. Occupancy and Real Estate Cycle Sensitivity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#2_New_Centre_Ramp_Up_Risk\" title=\"2. New Centre Ramp Up Risk\">2. New Centre Ramp Up Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#3_Lease_Commitment_Risk\" title=\"3. Lease Commitment Risk\">3. Lease Commitment Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#Frequently_Asked_Questions_on_Smartworks_Coworking_Q1_Results_FY27\" title=\"Frequently Asked Questions on Smartworks Coworking Q1 Results FY27\">Frequently Asked Questions on Smartworks Coworking Q1 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#When_were_the_Smartworks_Coworking_Q1_results_FY27_announced\" title=\"When were the Smartworks Coworking Q1 results FY27 announced?\">When were the Smartworks Coworking Q1 results FY27 announced?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#What_is_the_PAT_in_the_Smartworks_Coworking_Q1_results_FY27\" title=\"What is the PAT in the Smartworks Coworking Q1 results FY27?\">What is the PAT in the Smartworks Coworking Q1 results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#What_was_the_revenue_in_the_Smartworks_Coworking_Q1_results_FY27\" title=\"What was the revenue in the Smartworks Coworking Q1 results FY27?\">What was the revenue in the Smartworks Coworking Q1 results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#What_was_the_EBITDA_margin_in_the_Smartworks_Coworking_Q1_results_FY27\" title=\"What was the EBITDA margin in the Smartworks Coworking Q1 results FY27?\">What was the EBITDA margin in the Smartworks Coworking Q1 results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#What_does_Smartworks_Coworking_do\" title=\"What does Smartworks Coworking do?\">What does Smartworks Coworking do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#How_did_the_share_price_react_to_the_Smartworks_Coworking_Q1_results_FY27\" title=\"How did the share price react to the Smartworks Coworking Q1 results FY27?\">How did the share price react to the Smartworks Coworking Q1 results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#Is_the_stock_a_good_buy_after_the_Smartworks_Coworking_Q1_results_FY27\" title=\"Is the stock a good buy after the Smartworks Coworking Q1 results FY27?\">Is the stock a good buy after the Smartworks Coworking Q1 results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/smartworks-coworking-q1-results-fy27-pat-13-crore\/#Where_can_I_verify_the_Smartworks_Coworking_Q1_results_FY27\" title=\"Where can I verify the Smartworks Coworking Q1 results FY27?\">Where can I verify the Smartworks Coworking Q1 results FY27?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Smartworks_Coworking_Q1_Results_FY27_Key_Takeaways\"><\/span><strong>Smartworks Coworking Q1 Results FY27 Key Takeaways<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Here are the most important numbers from the Smartworks Coworking Q1 results FY27 at a glance.<\/p>\n<ul>\n<li>Net Profit (PAT): Rs 13.1 Cr in Q1 FY27, a turnaround from a loss of Rs 4.2 Cr in Q1 FY26.<\/li>\n<li>Revenue: Rs 546 Cr in Q1 FY27 versus Rs 379 Cr in Q1 FY26, up 44% year on year.<\/li>\n<li>EBITDA: Rs 346 Cr in Q1 FY27 versus Rs 241 Cr in Q1 FY26, up 43.6% year on year.<\/li>\n<li>EBITDA margin held steady at a very high 63.3% versus 63.6% a year ago.<\/li>\n<li>Other income stood at Rs 13.4 Cr versus Rs 8.8 Cr a year ago.<\/li>\n<li>Smartworks Coworking share price fell 1.8% to Rs 491.00 on the NSE on the results day.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Smartworks_Coworking_Q1_Results_FY27_Financial_Highlights\"><\/span><strong>Smartworks Coworking Q1 Results FY27 Financial Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below summarises the consolidated numbers reported in the Smartworks Coworking Q1 results FY27 against the year ago quarter.<\/p>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th>Q1 FY27<\/th>\n<th>Q1 FY26<\/th>\n<th>YoY Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Revenue<\/td>\n<td>Rs 546 Cr<\/td>\n<td>Rs 379 Cr<\/td>\n<td>+44%<\/td>\n<\/tr>\n<tr>\n<td>EBITDA<\/td>\n<td>Rs 346 Cr<\/td>\n<td>Rs 241 Cr<\/td>\n<td>+43.6%<\/td>\n<\/tr>\n<tr>\n<td>Net Profit (PAT)<\/td>\n<td>Rs 13.1 Cr<\/td>\n<td>-Rs 4.2 Cr (loss)<\/td>\n<td>Turnaround<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>All figures are on a consolidated basis as reported for the quarter ended 30 June 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Smartworks_Coworking_Q1_Results_FY27_Performance_Analysis\"><\/span><strong>Smartworks Coworking Q1 Results FY27 Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/sebi-registered-investment-advisor-india\"><strong>Get Personalised Guidance from a SEBI-Registered Investment Advisor<\/strong><\/a><\/p>\n<p>The swing to profit in the Smartworks Coworking Q1 results FY27 came alongside strong 44% revenue growth and EBITDA growing nearly in step at 43.6%, with the EBITDA margin holding at a very high 63.3%, broadly stable against 63.6% a year ago. This is a rare combination where the topline growth itself, rather than margin expansion, appears to have been the primary driver of the turnaround.<\/p>\n<p>For a managed workspace operator, EBITDA margins in the 60%s reflect strong pre-lease cost absorption once occupancy scales, since the underlying real estate and fit-out costs are relatively fixed once a centre is operational. The Smartworks Coworking Q1 results FY27 suggest the company has crossed a scale threshold where growing occupancy and new centre additions are now consistently profitable at the net level, not just at EBITDA.<\/p>\n<p>The modest 1.8% stock decline despite the swing to profit is a mild divergence, and likely reflects the market having already priced in continued growth given the company&#8217;s scale trajectory, rather than any specific concern with this quarter&#8217;s results.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Smartworks_Coworking_Q1_Results_FY27_Key_Business_Factors\"><\/span><strong>Smartworks Coworking Q1 Results FY27: Key Business Factors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Revenue-Led_Turnaround\"><\/span><strong>1. Revenue-Led Turnaround<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue growing 44% was the primary driver of the swing to profit in the Smartworks Coworking Q1 results FY27, with EBITDA scaling in step and margin holding steady rather than expanding sharply.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_High_and_Stable_EBITDA_Margin\"><\/span><strong>2. High and Stable EBITDA Margin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The EBITDA margin holding around 63% reflects the operating leverage inherent in the managed workspace model once centres reach steady occupancy.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Scaling_Toward_Consistent_Net_Profitability\"><\/span><strong>3. Scaling Toward Consistent Net Profitability<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Smartworks Coworking Q1 results FY27 suggest the company has reached a scale where growth is now converting to net profit, not just operating profit, an important inflection for a business that had reported a loss a year ago.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dividend_Details\"><\/span><strong>Dividend Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Any dividend announcement accompanying the June 2026 quarter results will be reflected in the company&#8217;s official NSE and BSE filings. Investors should rely on those filings for dividend confirmation rather than secondary sources.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Smartworks_Coworking_Q1_Results_FY27_Outlook_for_the_Full_Year\"><\/span><strong>Smartworks Coworking Q1 Results FY27 Outlook for the Full Year<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>After the Smartworks Coworking Q1 results FY27, the key markers for FY27 are continued occupancy growth across existing centres, the pace of new centre additions, and whether the high EBITDA margin can be sustained as the portfolio scales further. Consistent net profitability in subsequent quarters would confirm the turnaround is structural.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Smartworks_Coworking_Stock_Performance_After_the_Q1_Results\"><\/span><strong>Smartworks Coworking Stock Performance After the Q1 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Smartworks Coworking live share price and upcoming quarterly results.<\/em><\/p>\n<p>Smartworks Coworking share price fell 1.8% to Rs 491.00 on the NSE after the Smartworks Coworking Q1 results FY27, a modest decline despite the swing to profit.<\/p>\n<p>Investors can compare the trend of the counter with the <a href=\"https:\/\/univest.in\/indices\/nifty-500\/nifty-500-share-price-today\">Nifty 500<\/a> index to judge how the stock is placed relative to the broader market after the Smartworks Coworking Q1 results FY27.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks\"><\/span><strong>Key Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors going through the fine print of the Smartworks Coworking Q1 results FY27 should also weigh the following risks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Occupancy_and_Real_Estate_Cycle_Sensitivity\"><\/span><strong>1. Occupancy and Real Estate Cycle Sensitivity<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The managed workspace model depends on maintaining high occupancy across centres, and any slowdown in corporate office demand could pressure both revenue and margins.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_New_Centre_Ramp_Up_Risk\"><\/span><strong>2. New Centre Ramp Up Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>As the company adds new centres to sustain growth shown in the Smartworks Coworking Q1 results FY27, each new centre goes through a ramp up period before reaching the high margins of mature centres, which can weigh on blended profitability.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Lease_Commitment_Risk\"><\/span><strong>3. Lease Commitment Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Managed workspace operators typically carry long term lease commitments on the properties they operate, a fixed cost structure that adds risk if occupancy or pricing weakens.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Smartworks Coworking Q1 results FY27 show a turnaround to Rs 13.1 crore profit from a year ago loss, driven by 44% revenue growth with the EBITDA margin holding steady near 63%. Investors should track occupancy and new centre ramp up trends into FY27 and consult a SEBI-registered advisor before acting on the numbers.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Smartworks_Coworking_Q1_Results_FY27\"><\/span><strong>Frequently Asked Questions on Smartworks Coworking Q1 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"When_were_the_Smartworks_Coworking_Q1_results_FY27_announced\"><\/span><strong>When were the Smartworks Coworking Q1 results FY27 announced?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Smartworks Coworking Q1 results FY27 were announced on Wednesday, 22 July 2026, for the quarter ended 30 June 2026, on a consolidated basis.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PAT_in_the_Smartworks_Coworking_Q1_results_FY27\"><\/span><strong>What is the PAT in the Smartworks Coworking Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The consolidated PAT in the Smartworks Coworking Q1 results FY27 stood at Rs 13.1 crore, a turnaround from a loss of Rs 4.2 crore in Q1 FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_revenue_in_the_Smartworks_Coworking_Q1_results_FY27\"><\/span><strong>What was the revenue in the Smartworks Coworking Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue in the Smartworks Coworking Q1 results FY27 stood at Rs 546 crore, up 44% from Rs 379 crore in Q1 FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_EBITDA_margin_in_the_Smartworks_Coworking_Q1_results_FY27\"><\/span><strong>What was the EBITDA margin in the Smartworks Coworking Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The EBITDA margin in the Smartworks Coworking Q1 results FY27 was 63.3%, broadly stable against 63.6% in Q1 FY26, with EBITDA up 43.6% to Rs 346 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Smartworks_Coworking_do\"><\/span><strong>What does Smartworks Coworking do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The company operates managed coworking and flexible workspace centres, leasing and fitting out office space that it then sub-leases to corporate and enterprise clients.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_the_share_price_react_to_the_Smartworks_Coworking_Q1_results_FY27\"><\/span><strong>How did the share price react to the Smartworks Coworking Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Smartworks Coworking share price fell 1.8% to Rs 491.00 on the NSE after the Smartworks Coworking Q1 results FY27.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_stock_a_good_buy_after_the_Smartworks_Coworking_Q1_results_FY27\"><\/span><strong>Is the stock a good buy after the Smartworks Coworking Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Smartworks Coworking Q1 results FY27 show a revenue-led turnaround with a high and stable EBITDA margin, though lease commitments and occupancy risk remain factors to weigh. This article is for educational purposes only. Consult a SEBI-registered advisor before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_verify_the_Smartworks_Coworking_Q1_results_FY27\"><\/span><strong>Where can I verify the Smartworks Coworking Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The official filings for the June 2026 quarter are available on the NSE and BSE websites, and the stock can be tracked on the Univest app.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"When were the Smartworks Coworking Q1 results FY27 announced?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Smartworks Coworking Q1 results FY27 were announced on Wednesday, 22 July 2026, for the quarter ended 30 June 2026, on a consolidated basis.\"}},{\"@type\":\"Question\",\"name\":\"What is the PAT in the Smartworks Coworking Q1 results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The consolidated PAT in the Smartworks Coworking Q1 results FY27 stood at Rs 13.1 crore, a turnaround from a loss of Rs 4.2 crore in Q1 FY26.\"}},{\"@type\":\"Question\",\"name\":\"What was the revenue in the Smartworks Coworking Q1 results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue in the Smartworks Coworking Q1 results FY27 stood at Rs 546 crore, up 44% from Rs 379 crore in Q1 FY26.\"}},{\"@type\":\"Question\",\"name\":\"What was the EBITDA margin in the Smartworks Coworking Q1 results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The EBITDA margin in the Smartworks Coworking Q1 results FY27 was 63.3%, broadly stable against 63.6% in Q1 FY26, with EBITDA up 43.6% to Rs 346 crore.\"}},{\"@type\":\"Question\",\"name\":\"What does Smartworks Coworking do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The company operates managed coworking and flexible workspace centres, leasing and fitting out office space that it then sub-leases to corporate and enterprise clients.\"}},{\"@type\":\"Question\",\"name\":\"How did the share price react to the Smartworks Coworking Q1 results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Smartworks Coworking share price fell 1.8% to Rs 491.00 on the NSE after the Smartworks Coworking Q1 results FY27.\"}},{\"@type\":\"Question\",\"name\":\"Is the stock a good buy after the Smartworks Coworking Q1 results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Smartworks Coworking Q1 results FY27 show a revenue-led turnaround with a high and stable EBITDA margin, though lease commitments and occupancy risk remain factors to weigh. 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