Awfis Space Solutions Reports Q1 FY27 Results: Revenue Up 27% to ₹425 Cr
Awfis Space Solutions Limited announced its unaudited consolidated financial results for Q1 FY27, reporting a 27% year-on-year growth in revenue from operations to ₹425 Cr. Revenue from co-working increased by 27% to ₹352 Cr, and revenue from construction and fit-out projects grew by 25% to ₹73 Cr. EBITDA rose by 28% YoY to ₹162 Cr, with an EBITDA margin of 38.2%. Profit After Tax (PAT) saw a significant increase of 140% YoY to ₹24 Cr, resulting in a PAT margin of 5.6%. The company added 7 new centres, expanding its network to 251 centres across 18 cities, serving approximately 3,600 clients. Occupancy rates were reported at 83% for centres over 12 months old and 76% overall. The company highlighted strong capital efficiency with a 55% Return on Capital Employed (ROCE) and a prudent leverage ratio.
Key Highlights
- Revenue grew 27% YoY to ₹425 Cr in Q1 FY27.
- EBITDA increased 28% YoY to ₹162 Cr, with margins at 38.2%.
- PAT surged 140% YoY to ₹24 Cr.
- Network expanded to 251 centres across 18 cities.
- ROCE stood strong at 55%, indicating high capital efficiency.
Price Impact
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