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Order win

Smartworks Coworking Spaces wins order worth ₹5,400 crore

Smartworks Coworking Spaces (SMARTWORKS) said it has received an order valued at ₹5,400 crore. The company is valued at about ₹5,846 crore.

BCEIE News Desk · Published 30 Sept 2026, 07:29 am IST · Filing received 30 Sept 2026, 07:14 am IST

What happened

Smartworks Coworking Spaces (SMARTWORKS) told the exchanges on 30 September 2026 at 07:14 AM that it has received an order valued at ₹5,400 crore.

From the filing: "The value represents leasing rental revenue from engagements of up to 60 months, and builds on the Company's ~INR 5,400 crore contracted rental revenue base as of June 30, 2026."

How big is it?

At ₹5,400 crore, the order is equal to about 92.4% of the company's market value of ₹5,846 crore and 275.1% of its revenue over the last four reported quarters (₹1,963 crore).

That is large relative to the company's current annual revenue; how quickly it is executed will matter for future results.

Company snapshot

Smartworks Coworking Spaces is a small-cap company in the Services sector, with a market value of about ₹5,846 crore.

The stock last traded at ₹511.7, against a 52-week range of ₹361.5–₹619 (17.3% below the high).

Before this filing the shares had moved −5.0% over the month and +4.2% over three months. Average daily turnover over the last 20 sessions was about ₹3.9 crore.

Promoters held 58.32% at the end of Q1 FY27. Foreign institutions owned 0.28% and domestic institutions 8.92%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26379-4.2-0.41
Q2 FY264250-0.27
Q3 FY2647200.11
Q4 FY2652016.61.45
Q1 FY27546—1.15

What history shows

BCEIE has no earlier order win filing from this company on record since May 2026.

Across 18 similar disclosures by other Services companies, shares moved +0.5% on average the next day and +0.1% over five days; 44% of them rose the next day.

Market-wide, 1,860 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 53% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • Execution progress and revenue recognition from this order in the coming quarters.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.