Smartworks Coworking Spaces Limited has officially announced a significant capacity addition of 4,02,200 Sq. Ft. in Gurugram. This expansion is part of the company’s broader strategy to support business growth and broaden its operational footprint across India. The company expects to complete this capacity addition within May 2026, requiring an approximate investment of INR 60.00 Crores, which will be financed through internal accruals or issue proceeds.

As India’s largest managed office platform, Smartworks provides fully serviced, tech-enabled office environments tailored for large corporations, Global Capability Centers (GCCs), and high-growth companies. Throughout 2025, the company focused on aggressive growth and strategic partnerships. Notable developments in 2025 included the issuance of new equity shares under its Employee Stock Option Plan, the publication of a report on India’s commercial real estate wave alongside Unearth IQ, and the securing of significant leases with major IT services firms in cities like Kolkata. The company also maintained active engagement with analysts and institutional investors throughout the latter half of the year to provide updates on its business trajectory.

For the fourth quarter of the fiscal year 2025-26, Smartworks reported a robust financial performance. The company achieved total revenue of INR 532.70 Crores, representing a 9.1% growth quarter-on-quarter and a 47.1% increase year-on-year. Profitability also saw a significant turnaround, with the company reporting a Net Profit of INR 16.62 Crores for the quarter, compared to a loss of INR -8.30 Crores in the same quarter of the previous year. The company’s diverse institutional investor base includes various mutual funds, such as Tata Small Cap Fund and Baroda BNP Paribas Balanced Advantage Fund, as well as foreign portfolio investors and insurance companies.