Awfis Space Solutions Ltd News and Updates

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Awfis Space Solutions Ltd

10 Mar 2025

604.85

-0.35%

The Executive Centre to expand co-working space by 2.3 lakh sq ft by 2028

Business Standard

The company, which competes with WeWork, Regus, and others like Awfis, has 15 lakh sq ft of co-working space across the country

Institutional Investors have increased holdings from 41.47% to 50.44% in Dec 2024 qtr.

Awfis Space Solutions Ltd

17 Feb 2025

604.85

-0.35%

Awfis Space Solutions | Q3FY25 Result Update

Buy: Awfis Space Solutions Ltd

Target

Edelweiss

Scaling profitably with consistent execution

Awfis Space Solutions Ltd has gained 57.92% in the last 1 Year

Awfis Space Solutions Ltd

14 Feb 2025

604.85

-0.35%

Awfis Q3FY25 results: Net profit at Rs 15.17 cr, income rises to Rs 331 cr

Business Standard

Co-working firm Awfis Space Solutions Ltd has posted a consolidated net profit of Rs 15.17 crore in the third quarter of this fiscal on higher income. The company had posted a net loss of Rs 6.28 crore in the year-ago period. Total income increased to Rs 331.46 crore in the October-December period of this fiscal from Rs 225.77 crore in the corresponding period of the preceding year, according to a regulatory filing on February 11. "Since March 2024, we added around 27,000 seats and 33 centres to reach 1,20,000 seats and 193 operational centers ... We remain confident in reaching our target of 1,35,000 operational seats by March 2025," said Amit Ramani, Chairman and Managing Director, Awfis Space Solutions. Awfis is one of the leading operators of flexible managed office space in the country.

Awfis Space Solution.. has an average target of 1026.50 from 6 brokers.

Awfis Space Solutions Ltd

12 Feb 2025

604.85

-0.35%

to see Rapid results content

Awfis Space Solutions Ltd

18 Dec 2024

604.85

-0.35%

Awfis Gets Target Price Upgrade From ICICI Securities On Strong Industry Tailwinds; Sees 44% Upside

NDTV Profit

With Awfis being the first co-working/flexible workspace company in India, there is also limited scope for comparison with industry peers, says the brokerage.

Promoters have decreased holdings from 28.24% to 20.44% in Dec 2024 qtr

Awfis Space Solutions Ltd

18 Dec 2024

604.85

-0.35%

Compounding firmly seated

Buy: Awfis Space Solutions Ltd

Target

ICICI Securities Limited

In H1FY25, Awfis Space Solutions (Awfis) delivered on two of its main FY25 guidance parameters, viz. 30%-plus revenue growth for FY25 and expansion in IGAAP EBITDA margin upwards of 12% (H1FY25 YoY revenue growth of 39% and IGAAP EBITDA margin of 13.3%). With an overall operational and committed pipeline of 150,649 seats (over 110,000 operational) as of Sep’24, we expect continued growth ahead.