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)
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
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