as of —
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Change
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Day Open
₹—
Day High
₹—
Day Low
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NSE Close — 25 Sep 2026
₹529.9
Change
-9.05 (-1.68%)
Open
₹538.95
Prev. Close
₹538.95
Day High
₹544.25
Day Low
₹526.2
Volume Analysis
Traded
79,157
Delivered
51,857
Delivery %
65.51%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Strong operating margin (64.0%)
Weaknesses (3)
- •High debt-to-equity ratio (9.02)
- •Low return on equity (3.3%)
- •Below-average fundamentals quality score (46/100)
Opportunities (1)
- •Strong 3-year revenue growth (36.2%)
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹558.75 | ₹551.5 | ₹540.7 | ₹533.45 | ₹522.65 | ₹515.4 | ₹504.6 |
| Fibonacci | ₹551.5 | ₹544.6 | ₹540.35 | ₹533.45 | ₹526.55 | ₹522.3 | ₹515.4 |
| Camarilla | ₹534.86 | ₹533.21 | ₹531.55 | ₹533.45 | ₹528.25 | ₹526.59 | ₹524.94 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+4.83%
1 Week
-1.92%
1 Month
-1.64%
3 Months
+9.0%
6 Months
+38.46%
1 Year
-7.96%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹30.99
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
4.88%
Net margin 1.43% × asset turnover 0.28x × equity multiplier 12.2x
Company Overview
Sector
Services
Market Cap
₹6,061 Cr
P/E (TTM)
217.0
ROE
3.3%
Book Value
₹46.4
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 27 Sep 2026. Not investment advice.
TopFund Analysis
Smartworks Coworking Sp L scores weakly on TopFund's composite fundamentals check within the Services sector, at 46/100. The strongest factor is Growth (100/100), while Financial Strength (0/100) is the weakest area to weigh before deciding. Notably: Strong operating margin (64.0%); high debt-to-equity ratio (9.02); low return on equity (3.3%). FII holding has been falling.
TopFund Score — Fundamentals Quality
46/100 — WeakData confidence: 77/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is expected to give good quarter
- −Stock is trading at 11.4 times its book value
- −Company has low interest coverage ratio.
- −Company has a low return on equity of -23.7% over last 3 years.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
AGM approved appointment of Dilip Deshmukh and designation change for Rajeev Agarwal as independent directors.
Smartworks' 11th AGM held 22 Sep 2026; 8 resolutions passed, including FY26 audited financial statements.
Trading window closed from October 1, 2026 until 48 hours after Q2 FY26 results.
Smartworks held its 11th AGM on 22 September 2026; shareholders considered FY26 accounts, director appointments, capital reduction and limits.
Intimation under Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015 - Analysts / Institutional Investor Meeting
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales + | 313 | 350 | 352 | 358 | 379 | 425 | 472 | 520 | 546 |
| Expenses + | 121 | 136 | 134 | 126 | 138 | 155 | 167 | 181 | 200 |
| Operating Profit | 192 | 214 | 218 | 232 | 241 | 270 | 306 | 338 | 346 |
| OPM % | 61.0% | 61.0% | 62.0% | 65.0% | 64.0% | 64.0% | 65.0% | 65.0% | 63.0% |
| Other Income + | 10 | 10 | 12 | 4 | 9 | 16 | 16 | 13 | 13 |
| Interest | 86 | 86 | 85 | 80 | 81 | 93 | 97 | 95 | 96 |
| Depreciation | 147 | 160 | 167 | 161 | 174 | 198 | 223 | 234 | 246 |
| Profit before tax | -31 | -21 | -22 | -5 | -6 | -4 | 2 | 22 | 18 |
| Tax % | -26.0% | -25.0% | -28.0% | 68.0% | -25.0% | -28.0% | 21.0% | 25.0% | 25.0% |
| Net Profit + | -23 | -16 | -16 | -8 | -4 | -3 | 1 | 17 | 13 |
| EPS in Rs | -3 | -2 | -2 | -1 | 0 | 0 | 0 | 1 | 1 |
| Raw PDF | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 254 | 280 | 360 | 711 | 1,039 | 1,374 | 1,796 | 1,963 |
| Expenses + | 119 | 113 | 154 | 287 | 380 | 517 | 641 | 703 |
| Operating Profit | 135 | 166 | 206 | 424 | 660 | 857 | 1,155 | 1,260 |
| OPM % | 53.0% | 59.0% | 57.0% | 60.0% | 63.0% | 62.0% | 64.0% | 64.0% |
| Other Income + | 8 | 30 | 34 | 33 | 74 | 36 | 54 | 59 |
| Interest | 70 | 97 | 122 | 237 | 328 | 336 | 366 | 381 |
| Depreciation | 103 | 172 | 212 | 356 | 473 | 636 | 829 | 901 |
| Profit before tax | -31 | -72 | -94 | -136 | -68 | -79 | 14 | 37 |
| Tax % | -28.0% | -25.0% | -26.0% | -26.0% | -26.0% | -20.0% | 24.0% | — |
| Net Profit + | -22 | -54 | -70 | -101 | -50 | -63 | 11 | 28 |
| EPS in Rs | -3 | -7 | -9 | -13 | -6 | -6 | 1 | 2 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Reserves | 161 | 107 | 37 | -46 | -29 | 5 | 416 |
| Borrowings + | 61 | 134 | 248 | 3,913 | 3,436 | 3,737 | 4,778 |
| Other Liabilities + | 1,060 | 1,175 | 2,498 | 529 | 661 | 806 | 1,155 |
| Total Liabilities | 1,359 | 1,494 | 2,860 | 4,474 | 4,147 | 4,651 | 6,464 |
| Fixed Assets + | 1,066 | 1,174 | 2,328 | 3,724 | 3,412 | 3,780 | 5,238 |
| CWIP | 21 | 13 | 89 | 52 | 72 | 139 | 56 |
| Investments | 114 | 0 | 0 | 0 | 11 | 11 | 2 |
| Other Assets + | 158 | 307 | 442 | 697 | 652 | 721 | 1,168 |
| Total Assets | 1,359 | 1,494 | 2,860 | 4,474 | 4,147 | 4,651 | 6,464 |
| Equity Capital | 77 | 77 | 77 | 78 | 79 | 103 | 114 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 114 | 153 | 216 | 532 | 743 | 929 | 1,197 |
| Cash from Investing Activity + | -219 | -41 | -95 | -307 | -192 | -276 | -501 |
| Cash from Financing Activity + | 113 | -161 | -109 | -171 | -577 | -638 | -621 |
| Net Cash Flow | 9 | -50 | 13 | 55 | -26 | 15 | 75 |
| CFO/OP | 90 | 89 | 107 | 126 | 116 | 105 | 105 |
| Free Cash Flow | 8 | 86 | 105 | 235 | 480 | 638 | 810 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Public | 31.86% | 32.53% | 32.46% | 32.47% |
| Promoters | 58.18% | 58.18% | 58.33% | 58.33% |
| FII | 0.93% | 0.33% | 0.16% | 0.28% |
| DII | 9.03% | 8.96% | 9.06% | 8.92% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Services — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Smartworks Coworking Sp L (this stock) | 6,061 | 217.0 | 11.42 | 3.3% |
| Leap India Limited | 6,164 | 106.0 | — | 8.09% |
| TVS Supply Chain Sol L | 5,747 | 81.1 | 2.82 | 9.7% |
| Indiabulls Limited | 6,635 | 13.7 | 2.14 | 23.1% |
| Transport Corpn Of India | 6,790 | 14.9 | 2.65 | 19.2% |
| Mstc Limited | 5,215 | 22.3 | 5.79 | 26.6% |
| Inox Green Energy Ser Ltd | 7,020 | 57.3 | 4.12 | 5.62% |
Which Mutual Funds Hold Smartworks Coworking Sp L?
Frequently Asked Questions about Smartworks Coworking Sp L
Smartworks Coworking Sp L (SMARTWORKS) closed at ₹529.9 on NSE on 25 September 2026, down 9.05 (1.68%) from the previous close.
Smartworks Coworking Sp L trades on the NSE (National Stock Exchange of India) under the symbol SMARTWORKS.
Smartworks Coworking Sp L has a trailing twelve-month P/E (price-to-earnings) ratio of 217.0.
Smartworks Coworking Sp L has a dividend yield of 0.0%.
Smartworks Coworking Sp L's 52-week high is ₹619.0 and its 52-week low is ₹361.0.
Smartworks Coworking Sp L has a market capitalisation of ₹6,061 crore.
Smartworks Coworking Sp L has a TopFund Quality Score of 46/100 (Weak), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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