Smartworks Coworking Spaces Limited · NSE:SMARTWORKS
Smartworks Coworking Spaces — Investor Presentation (November 2025)
15 slides from Smartworks Coworking Spaces's investor presentation, Nov 17, 2025
Slide 1: Regulation 30 disclosure cover letter to NSE and BSE
Date: November 17, 2025 To, To, National Stock Exchange of India Limited (“NSE”) BSE Limited (“BSE”) Listing Department Listing Department Exchange Plaza, C-1 Block G, Bandra Kurla Corporate Relationship Department Complex Bandra [E], Mumbai – 400051 Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mu
Slide 2: Workspaces that work for you - Analyst Meet Nov'25
Workspaces that work for you Analyst Meet Nov’25
Slide 3: Smartworks: India's #1 Managed Campus Platform
Smartworks: India’s #1 Managed Campus Platform 1 Supply Scaling Fastest Taking on entire/large campuses; adding 2.5-3 Mn sq ft each year Total SBA1 | Total Centres1 City Presence 2 Leased SBA2 Serving Enterprise Clients 14 Msf | 61 centres 14 Cities contributing ~90% revenue in Q2FY26 10.3Msf 3 Cost
Slide 4: Our Platform connects Landlords, Clients, and Vendor Partners
Our Platform connects Landlords, Clients, and Vendor Partners with amenity rich campuses delivering experience with efficiency WHO WE PARTNER WITH… WHO WE SERVE Non-institutional Landlords Enterprise Clients One stop solution with guaranteed rentals Flexible, Hassle-free offices in just 45 – 60 day
Slide 5: Smartworks Experience Ecosystem
Medical Room IT Support Recreational Zone Creche Gaming Zone Community events & activities Smart Parking Gym Smart Store Smartworks Experience Ecosystem Training room Smart Café Utilities Food ordering 24 X 7 secure access Front desk support Receptions 4 High Speed Internet Business address Mail han
Slide 6: Flex Spaces Dominate India's Office Boom with GCCs
Flex Spaces Dominate India’s Office Boom with GCCs becoming Primary Occupiers of Flex Spaces Across the Country Cost advantages & talent pool are driving the influx of GCCs in India ~32% 22,881 17,380 FY23 FY24 GCCs occupy almost 200 Mn sq ft of Grade A office space across India’s Top 6 cities in 20
Slide 7: Our Distinct Supply Advantage
Our Distinct Supply Advantage ~24% supply from Institutional ~76% of portfolio from Non- “Now acquiring Greenfield Supply as well” Developers Institutional Landlords Smartworks Edge Space Efficiency Taking on large campus - 800K sq ft+ vs Floors DLF Commercial Tower- A (Gurgaon) M-Agile (Pune) SBA:
Slide 8: Pan-India Brand with Strong Supply Access at preferred terms
Established a Pan-India ‘Smartworks’ Brand with Strong Supply Access at preferred terms East North Total Area % of total Total Area % of total (Sq Ft) SBA (Sq Ft) SBA 2.07 Mn 16.33% 0.37 Mn 2.92 % • Visibility for 100% FY26 and Delhi FY27 Supply; Sourcing for FY28 Gurugram Noida underway West • Addi
Slide 9: Introducing the world's largest flexible workspace campus
Raising the bar yet again — Introducing the world’s largest flexible workspace campus Eastbridge (Mumbai) | SBA: 815k sq. ft. | Leadership of largest centres continues Capacity seats: ~17k Vaishnavi Tech Park | Bangalore | M-Agile | Pune | 689k sq.ft 700k sq.ft Commenting on the association, Mr. Nir
Slide 10: Predictable Revenue: Annuity-based income streams given Enterprise first model
Predictable Revenue: Annuity-based income streams given Enterprise first model Large, Multicity Enterprise Clients High Rental Visibility 1000+ seats client bucket: 50+ months tenure ~35% revenue ~90% ~81% | ~88% contribution from clients with >1000-seats…& the +23% points cohort continues to grow 3
Slide 11: Strong execution with Cost Leadership and tech enabled rapid scale up
Strong execution with Cost Leadership and tech enabled rapid scale up INR 1,350 / sq ft Maintaining one of Capex the lowest opex Delivering Strong Execution Capability Quick turnaround: 45-60 days Tech enablement seamless delivery over ~10 Mn sq ft Standardized designs Modular and reusable fit outs
Slide 12: Strong Centre-level Economics with strong occupancy ramp up and payback
Strong Centre-level Economics with strong occupancy ramp up and payback Capex 25-30% of the initial incurred > 1,350 / sq. ft capex • Centers reach maturity within 12 months • 90%+ occupancy + 3 yrs maintained post- + 5 yrs maturity, ensuring steady annuity and predictable revenue T T+1 T+5 T+10 Yea
Slide 13: Business Longevity and Derisked & Insulated Business
Business Longevity and Derisked & Insulated Business – Making us a preferred partner even during Downturns Asset Liability Mismatch Risk Concentration Risk Cyclical Risk Focus on mid-to-large Typically not leasing > Value Pricing ensures that ✓ enterprises drives longer lock- in periods and client r
Slide 14: Growth is Expected to Accelerate in H2 FY26, Driven by Three Key Factors
Growth is Expected to Accelerate in H2 FY26, Driven by Three Key Factors 13
Slide 15: Company Investor Relations
Company Investor Relations investor_relations@sworks.co.in Mr Diwakar Pingle / Ms Runjhun Jain www.smartworksoffice.com E:diwakar.pingle@in.ey.com/runjhun.jain1@in.ey.com T: +91 9833904971 / +91 9820720993 14
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