Articles & Latest News on Smartworks - Page 2 of 8

Smartworks Shifts Strategy to Enterprise Campuses as Managed Offices Scale in India 0

Smartworks Coworking Spaces is repositioning toward large enterprise mandates, targeting requirements of 300+ and 1,000+. In an interaction with Fortune India, co-founder Harsh Binani highlighted rising GCC demand, long-term contracts, and asset-light expansion as key drivers shaping India’s evolving managed office infrastructure market.

Smartworks Crosses 2 Million Sq Ft in Mumbai with Major Andheri Lease 0

Smartworks has leased 182,300 sq ft at The Square in Andheri East, Mumbai, pushing its total portfolio in the city beyond 2 million sq ft. The expansion reflects strong enterprise demand in key business districts. Recent additions in Vikhroli and Navi Mumbai further strengthen its managed office footprint.

Smartworks Turns Profitable in Q3 FY26, Posts ₹1.2 Crore Net Profit 0

Coworking operator Smartworks reported its first quarterly profit in Q3 FY26, posting a net profit of ₹1.2 crore. Strong revenue growth, improved margins, and rising enterprise demand supported the turnaround. The company also expanded its footprint, improved occupancy, and strengthened its supply pipeline for future growth.

Managed & Flexible Workspaces Signal a Structural Shift in India’s Office Market: Smartworks’ Harsh Binani 0
- Industry News
- January 6, 2026
India’s office real estate market is undergoing a structural shift as managed and flexible workspaces move into the mainstream. Smartworks’ Harsh Binani highlights rapid supply growth, rising enterprise adoption, strong occupancies, and long-term contracts, positioning flexible offices as a core pillar of India’s evolving commercial real estate ecosystem.
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Kotak Backs Smartworks, Sees Flexible Workspaces as the Next CRE Growth Engine 0
- Industry News
- January 2, 2026
Kotak Institutional Equities has initiated coverage on Smartworks with a Buy rating and a fair value of ₹600, citing strong scale, visibility of expansion, and margin upside. The brokerage views Smartworks as a commercial real estate platform benefiting from hybrid work trends and rising enterprise demand for flexible offices.
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Smartworks Coworking Strengthens Employee Ownership With ESOP Share Allotment 0
- Industry News
- December 26, 2025
Smartworks Coworking Spaces has allotted 7,650 equity shares under its ESOP 2022, increasing its paid-up capital to ₹114.26 crore. The move follows regulatory approvals from NSE and BSE and reflects the company’s continued focus on employee ownership, compliance, and long-term value creation in India’s growing flex office market.
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