How much did Awfis grow its profit in FY26?

Net profit grew by 66% to reach ₹71 crore for the year ended March 2026.

What drove the company's revenue growth?

The primary driver was a 35% growth in the co-working business, which helped push total annual revenue to a record ₹1,493 crore.

How large is the company's current network?

Awfis operates 266 centres across 18 cities, following the addition of 41 new centres and 30,000 seats during the fiscal year.

What is the company's return on capital employed?

The company reported a ROCE of 60% for FY26.

Earnings · Real Estate

Awfis hits record revenue of ₹1,493 crore in FY26

The co-working operator grew its top line by 24% as net profit surged 66% to ₹71 crore, supported by the addition of 30,000 new seats.

— 1 earlier story on Awfis Space Solutions Ltd. →

AWFIS BSE 544181 25 May 2026 · 5:26 PM IST Verify on BSE · NSE

Mkt cap₹2,591 cr

P/E44.04×

ROE14.78%

Debt / eq.0.05

₹1,493 cr Annual revenue for FY26, the highest in the company's history.

What's new

Revenue climbed 24% to ₹1,493 crore, led by 35% growth in the co-working segment.
Operating EBITDA rose 37% to ₹550 crore, pushing margins to 36.8%.
Network expanded by 41 centres and 30,000 seats to reach 266 total locations.

Why this matters

Awfis is scaling its footprint while widening its profitability. A 60% ROCE shows the company is deploying capital effectively as it captures demand for flexible office space across 18 cities.

What we're watching

Whether the company can sustain 36.8% EBITDA margins as it enters new markets.
The pace of seat additions in FY27.
Any shifts in occupancy rates across the 266-centre network.

The full read

Awfis Space Solutions closed FY26 with record revenue of ₹1,493 crore, a 24% increase over the prior year. Growth is anchored in its co-working business, which expanded by 35%. Profitability metrics followed suit. Net profit climbed 66% to ₹71 crore.

Operating EBITDA rose 37% to ₹550 crore, lifting the margin to 36.8%. The company added 41 centres and 30,000 seats during the year, bringing its total network to 266 centres across 18 cities. With a ROCE of 60%, the company is generating high returns on its expansion efforts. It is scaling fast. The firm is successfully balancing rapid network growth with improved efficiency.

Questions answered

How much did Awfis grow its profit in FY26?: Net profit grew by 66% to reach ₹71 crore for the year ended March 2026.
What drove the company's revenue growth?: The primary driver was a 35% growth in the co-working business, which helped push total annual revenue to a record ₹1,493 crore.
How large is the company's current network?: Awfis operates 266 centres across 18 cities, following the addition of 41 new centres and 30,000 seats during the fiscal year.
What is the company's return on capital employed?: The company reported a ROCE of 60% for FY26.

Mentioned: Awfis Space Solutions

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Today · 5:26 PM IST Awfis hits record revenue of ₹1,493 crore in FY26
4d ago Awfis faces ₹6.53 cr tax notice, but it's just 0.28% of market cap