Awfis Space Solutions Q2 FY27: revenue up 19.6% to ₹439 Cr, net profit up 92.9% to ₹31 Cr
Results · Finvezto · 4 Nov 2026 · Awfis Space Solutions (AWFIS)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 439 | - | +19.6% |
| Operating profit | 174 | - | +31.3% |
| Net profit | 31 | - | +92.9% |
| Operating margin | 39.6% | - | +3.5 pp |
| Net margin | 7.0% | - | +2.7 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Normalized revenue for Q2 FY27 grew 26% year-on-year to INR 451 crores and cash EBITDA grew 45% to INR 49 crores, with cash EBITDA margin at 10.8%, up 140 basis points year-on-year and 70 basis points sequentially. Earnings call
- Profit before tax nearly doubled to INR 31 crores for the quarter and INR 56 crores for the first half, and the company added 6 centers and about 7,000 gross seats, taking total supply to 254 centers. Earnings call
- Occupancy rose to 84.1% at mature centers and 76.2% across the portfolio, and the company remains net cash positive with net debt-to-equity at -0.12x. Earnings call
What to watch
- Management on fy27 guidance: Looking to the second half, we reiterate the full-year guidance we gave in August.
- Management on fy27 seats and revenue: We are on track to do, add about 22,000 to 25,000 gross seats in FY '27, and we expect the co-Working revenue to grow 23% to 25% and Transform by around 20%, taking total revenue past INR 1,800 crores.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.