Results · Professional & Local Services

Awfis net profit jumps 107% in Q4 FY26

What they do

Awfis provides flexible office spaces across 18 cities in India

Q4 net profit rose 107% YoY to ₹23.2 Cr; revenue grew 21% to ₹410.1 Cr

The company added 41 centres in FY26 and now serves over 100 GCC clients

Awfis reported a net profit of ₹23.2 Cr for Q4 FY26, up 107% from ₹11.2 Cr a year ago.
Operating revenue rose 21% to ₹410.1 Cr from ₹339.69 Cr in Q4 FY25.
Total income was ₹429.16 Cr, including ₹19 Cr of other income.
Total expenses increased 17% to ₹405.7 Cr.
Operating EBITDA grew 31% to ₹152 Cr.
For the full year FY26, operating revenue was ₹1,493.48 Cr (up 24%) and net profit was ₹70.85 Cr.
The company signed a term loan of ₹75 Cr with IDFC FIRST Bank for expansion.

Awfis is the first new-age coworking provider to list in India.
India has the world's largest GCC ecosystem with over 2,100 centres and ~$100 Bn revenue.
Mid-market GCCs prefer flexible offices for lower upfront costs and scalability.

Awfis is a Delhi-based flexible workspace provider.
It operates 266 centres with 1.84 Lakh seats across 18 cities.
It uses a managed aggregation model: leases properties from owners and shares revenue and costs.
Over 60% of new supply in FY26 came from institutional landlords.
All new centres launched in FY26 are in Grade A or A+ assets.
It offers premium formats Elite and Gold, with 35 premium centres.
It serves about 3,500 clients across Tier I and II cities.
48% of customers use services from multiple centres.