RELIABLE FOUNDATIONS, REINVENTED GROWTH

The demand for managed workspaces is accelerating, with enterprises seeking partners who can guarantee scale, quality, and readiness for the future. Reliability lies in consistent delivery across India’s strategic hubs, while reinvention shapes how Smartworks transforms offices into growth engines.

Ndia’s Commercial Office Stock Is Expanding Rapidly, And Flexible Workspaces Are Becoming Integral To Modern Enterprise Culture. This Momentum, Driven By Shifting Workplace Needs And Adoption By Large Corporates, Makes India One Of The Fastest-Growing Markets Globally.

INDIA

IS WORLD’S FASTEST GROWING OFFICE MARKET

1 BN. SQ. FT.

INDIA’S PROJECTED COMMERCIAL OFFICE STOCK IN NEXT 10-15 YEARS

23-24 %

CAGR OF FLEXIBLE WORKSPACE FROM CY2020 TO CY2024

59%

COMPANIES WITH >10% FLEXIBLE WORKSPACE BY 2026 (FROM 42% IN Q1 CY24)

Source: Knight Frank & CBRE Report

SMARTWORKS’ POSITION IN THIS CONTEXT

Our growth is anchored in scale and reach across India’s most important clusters, giving enterprises seamless access to expansion-ready campuses. Each site is built with adaptability at its core–spaces expand quickly within a location or across our national network. This balance of dependable scale and adaptive design has enabled Smartworks to outpace the industry and build enduring enterprise trust.

38.37%

FOOTPRINT CAGR REGISTERED BY SMARTWORKS’, >1.5X INDUSTRY RATE

(between 2020-2024)

VALUE PROPOSITION THAT SMARTWORKS BRINGS

  • Reliability: Steady supply via landlord partnerships; predictable annuity revenues
  • Landlords gain from long-term returns; enterprises get customised, hassle-free workplaces
  • Reinvention: Transforming fragmented supply into an integrated Managed Campus Platform offering best-in-class amenities and modern work experiences

FINANCIAL PRUDENCE

  • Normalised OCF/EBITDA consistently >1, RoCE expanding
  • Negative working capital and less than 7 debtor days
  • A capital-efficient model that compounds value across cycles

> 1

CONSISTENT NORMALISED OCF TO EBITDA

SMARTWORKS EDGE

  • Grew at a footprint CAGR of ~38% (1.5x industry) from 2020–24
  • Anchored in India’s most important clusters with expansion-ready campuses
  • Spaces designed for adaptability and speed, scaling within and across cities