Flexible workspace provider Awfis reported a strong financial performance for the nine months ended FY26, led by robust growth in its coworking and allied services segment and improved operating leverage. The company posted a 25% year-on-year rise in operating revenue to ₹1,083 crore, while operational EBITDA grew 39% YoY to ₹398 crore, supported by margin expansion, a higher share of mature centres and continued demand for premium, enterprise-grade workspaces.

9MFY26 Consolidated Financial Highlights

• 9MFY26 reported strong Operating Revenue of Rs. 1,083 Crs, growth of 25% YoY, supported by robust 38% yoy growth in Coworking and allied services
• Operating EBITDA grew by 39% yoy to Rs. 398 cores, with Operating EBITDA margins expanded by 373 bps to 36.7%, reflecting improved scale efficiencies, a higher share of mature centres, and operating leverage
• 9MFY26 PAT (excluding exceptional Item) stood at Rs. 48 crores , reflecting growth of 50% YoY

Q3FY26 Consolidated Financial Highlights

• Q3FY26 reported strong Operating Revenue of Rs. 382 Crs, growth of 20% YoY, supported by robust 32% yoy growth in Coworking and allied services
• Operating EBITDA grew by 30% yoy to Rs. 139 cores, with Operating EBITDA margins expanded by 270 bps to 36.5%, reflecting improved scale efficiencies, a higher share of mature centres, and operating leverage
• Q3FY26 PAT (excluding exceptional Item) stood at Rs. 22 crores , growth of 52% YoY

Operational Highlights for 9MFY26:

• As of December 31, 2025, the company maintains a substantial portfolio of 257 centers and 1,77,000 seats across 8.6 million sq. ft. (including spaces under fit-out and with Signed LOIs)
• Added 8,000 seats in Q3 FY26 and 22,000 seats in 9M FY26, contributing to a year-over-year growth of 34,000 seats
• 100% of new supply in Grade A/A- assets, with 7 new additions to our Gold/Elite portfolio, reinforcing our focus on premium, enterprise-grade workspaces
• The company operates 32 premium workspace centers (25 Gold and 7 Elite)