Awfis Space Solutions Limited · NSE:AWFIS
Awfis Space Solutions — Q1 FY2027 Earnings Presentation
38 slides from Awfis Space Solutions's earnings presentation, Aug 13, 2026
Slide 1: Exchange filing cover letter
Date: August 13, 2026 To, To, National Stock Exchange of India Limited (“NSE”) BSE Limited (“BSE”) Listing Department Listing Department Exchange Plaza, C-1 Block G, Corporate Relationship Department Bandra Kurla Complex Bandra [E], Phiroze Jeejeebhoy Towers, Mumbai – 400051 Dalal Street, Fort, Mumb
Slide 2: Investor Presentation Q1 FY27 August 2026
| INVESTOR PRESENTATION | Q1 FY27 | AUGUST 2026 1
Slide 3: Safe Harbor
SAFE HARBOR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Awfis Space Solutions Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 4: Contents
CONTENTS 01 02 Executive Summary Q1 FY27 Performance Summary 03 04 About Us Industry Snapshot 05 06 Historical Financials Design Portfolio 3
Slide 5: Executive Summary
We are pleased to report another quarter of strong performance. Revenue grew 27% YoY to ₹425 Cr, while reported EBITDA increased 28% YoY to ₹162 Cr, with EBITDA margins of 38.2%. Profit Before Tax (PBT) stood at ₹24 Cr. During the quarter, we added 7 new centres, taking our total network to 251 cent
Slide 6: Q1 FY27 Performance Summary
5 Q1 FY27 PERFORMANCE SUMMARY 5
Slide 7: Awfis at a Glance
AWFIS AT A GLANCE PIONEER IN THE INDIAN FLEXIBLE WORKSPACE INDUSTRY ROBUST FINANCIALS Capital Efficient Model Rs. 425 Cr 38.2% 55% (Reported) Revenue (Reported) Operating RoCE^ from operations Q1 FY27 EBITDA Q1 FY27 Q1FY27 MARKET LEADER 18 Cities 267/185K 251/170K With the Largest Network Including
Slide 8: Q1 FY27: Reported Financial Highlights
Q1 FY27 : REPORTED FINANCIAL HIGHLIGHTS REVENUE SCALING FAST, PROFITS SCALING FASTER PEFORMANCE HIGHLIGHTS Revenue from Revenue from Revenue from Operating EBITDA / PAT / PAT Margin construction and fit- Operations Co-working EBITDA Margin (excl. Exceptional) out projects Rs. 425 Cr Rs. 352 Cr Rs. 7
Slide 9: Quarters of Our Post IPO Journey
8 QUARTERS OF OUR POST IPO JOURNEY SELF-FUNDED GROWTH. DISCIPLINED CAPITAL ALLOCATION. SUSTAINED RETURNS. ₹128 Cr ₹400+ Cr -0.08x 1.5x Raised at IPO, MAY 2024 Capex Deployed Net Debt / Equity Revenue / Gross Fixed Assets Only capital infusion since listing Q1 FY25 till Q1 FY27 Net cash maintained th
Slide 10: Five Engines of Growth
FIVE ENGINES OF GROWTH CLARITY OF STRATEGY. DEPTH OF EXECUTION. DEMAND PORTFOLIO SUPPLY GCC: Structural Premiumization Multi-format Demand Engine at Scale Supply • 100+ GCC clients, contributing 24% of • 37 Gold & Elite centres, commanding the • Partial MO - unlocking the best of managed revenue. hi
Slide 11: Network Leadership
NETWORK LEADERSHIP INDIA’S LARGEST NETWORK OF FLEXIBLE WORKSPACES Awfis presence in Nine Tier 1 and Nine Tier 2 cities across all regions, lets us serve the growing and diverse needs of our clients Zone-Wise Breakup North South 12% 30 Centres 41% 104 Centres 12% 19,595 seats 46% 78,702 seats East We
Slide 12: Supply Highlights
SUPPLY HIGHLIGHTS SCALE, QUALITY, AND FORWARD MOMENTUM NETWORK LEADERSHIP STABLE EXPANSION SIGNED SUPPLY1 SUSTAINED GROWTH MOMENTUM 267 185K 9.1Mn ~5k 7 Gross seats New centre Centres Seats Sq. Ft added in Q1 launches in Q1 TOTAL SUPPLY2 FUTURE ALREADY SECURED 251 170K 8.4Mn 7k+ 8 Gross seats to Cen
Slide 13: Building the Next Phase: Awfis' Supply Playbook
BUILDING THE NEXT PHASE: AWFIS' SUPPLY PLAYBOOK EVERY FORMAT GROWING. SELECTIVE SUPPLY ACQUISITION. 01 Revamped MA Model Developer Partnerships Classic MA • Signed partnership with Malpani Estates– leading Pune based developer: 2 • 6 Grade A properties signed across micromarkets such as Viman Nagar
Slide 14: Diversified, Enterprise-Led Demand
DIVERSIFIED, ENTERPRISE-LED DEMAND WHO WE SERVE — BY INDUSTRY, GEOGRAPHY, AND TYPE Client Distribution Client Distribution 1% Client Distribution by Industry 10% by Domicile 4% By Company Type 2% 9% 14% 13% India Technology 39% Enterprise/MNCs Professional Services North America 5% June’26 25% Manuf
Slide 15: Diversified, Enterprise-Led Demand: Occupancy and Tenure
DIVERSIFIED, ENTERPRISE-LED DEMAND LONG TENURES. HIGH RETENTION. BUILT FOR EVERY COHORT. Healthy Occupancy Numbers Built for Every Stage of Scale 13% > 12 months Vintage Centres 10% 37% Overall 83% 500+ Seats 76% 201-500 Seats June’26 12% 101-200 Seats June’26 51-100 Seats 12% 16% 26-50 Seats Robust
Slide 16: Built for GCCs
BUILT FOR GCCs FROM FIRST ENTRY TO FULL MANDATE Awfis GCC Universe: Q1FY27 Update Why GCCs Choose Awfis • One platform for launch, operations, and expansion 100+* 24% 9 • Workspace strategy, planning, Grade A+ fit-outs - all in-house • Single partner across IT, F&B, transport, and business support U
Slide 17: Awfis Gold and Elite
AWFIS GOLD AND ELITE OUR PREMIUMIZATION GROWTH ENGINE PREMIUM WORKSPACE PORTFOLIO BUILT FOR GCCs AND LARGE ENTERPRISES 37 27 Gold 10 Elite Centres All key GCC hubs, 7 Tier- Grade A+ assets aligned 1 cities, seamless multi- to GCC infrastructure & NEW CLIENTS ONBOARDED city scale. compliance needs. F
Slide 18: Awfis Transform
AWFIS TRANSFORM A FULL-FLEDGED, SELF-SUSTAINING GROWTH ENGINE ₹73 Cr 92% ₹200 Cr Q1 FY27 D&B Revenue Third-Party Share Already Won, In Delivery WHY THIS IS STRUCTURAL, NOT ONE-OFF Third-party mix has flipped structurally From a largely captive fit-out arm to a majority third-party business, now comp
Slide 19: Segmental Revenue Break Up
SEGMENTAL REVENUE BREAK UP Co-working space on rent and allied services Construction and fit-out projects INR CR 27% 425 27% 73 335 Co-working & Allied Services 58 grew 27% YoY in Q1 FY27, adding Rs. 90 CR in incremental revenue - compounding at a steady scale. +INR 90 CR 352 352 276 276 25% 58 73 Q
Slide 20: Reported Consolidated Financial Summary
REPORTED CONSOLIDATED FINANCIAL SUMMARY Particulars (INR Cr) Q1 FY27 Q1 FY26 Y-o-Y (%) Q4 FY26 Q-o-Q (%) FY26 Total Revenue from operations 425 335 27% 410 4% 1,493 Co-working space on rent and allied services 352 276 27% 342 3% 1,237 Construction and fit-out projects 73 58 25% 69 7% 257 Total Expen
Slide 21: Cash EBITDA Profile
CASH EBITDA PROFILE Y-o-Y Carving out rent paid to landlords from Cash flow Particulars (INR Cr) Q1 FY27 Q1 FY26# Q1 FY27 Q1FY26 (%) statement Co-working space on rent and allied services 352 276 27% Payment of principal portion of lease liabilities 94 48 Construction and fit-out projects 73 58 25%
Slide 22: About Us
—_ ABOUT US Ve | 21
Slide 23: The Awfis Platform
THE AWFIS PLATFORM FOUR INTEGRATED BUSINESS LINES. ONE OPERATING PARTNER. Coworking Managed Office Allied Services Flexible Workspaces Customized Workplace End-to-End Services Design & Build An end-to-end, built-to- A suite of B2C and B2B Commercial fit-out suit enterprise offerings to enhance servi
Slide 24: Decade of Transformation and Impact
| Decade of Transformation and Impact awfis © @ swsham Chrys Capital invested Byers Inaugurated (Bisque Ltd. & Link awfisgold ACen _— Investment Trust) a Launched “Awfis Peak XV Ist awfisCare Coworking” app invested Awfis Centre eninike nceptonet in Tier Il City Brand 2019 ET the: Company. Prestigio
Slide 25: Experienced Management Team
EXPERIENCED MANAGEMENT TEAM OUR SEASONED LEADERSHIP 24
Slide 26: Board of Directors
AND BOARD OF DIRECTORS AMIT RAJESH ANIL RADHIKA SANJAY ABHISHEK RAMANI KHARABANDA PARASHAR JAYKRISHNA SHAH PODDAR Chairman and Non-Executive Independent Independent Independent Independent Managing Director Director Director Director Director Director • 20+ years of • 37 years of • 27 years of • 8 y
Slide 27: Industry Recognition – Q1 FY2027
Industry Recognition – Q1 FY2027 Realty + 40 Women Top 50 India’s Best Serviced India’s 1st Portfolio Under 40 Awards: Rising Star: Workplaces in Space Brand – Wide Certified Ms. Sonakshi Ms. Arushi Health and of the Year - Coworking Brand Sharma Sivaprasad Wellness Elite by Awfis Co-working Best Ma
Slide 28: India's New Standard for Wellness in Coworking
Awfis: India’s New Standard for Wellness in Coworking Awfis has become the first coworking brand in India to achieve three WELL certifications simultaneously, reinforcing its commitment to human-centric, future-ready workspaces Triple Milestone in Excellence Through a "WELL at scale" pathway and par
Slide 29: Industry Snapshot
ro INDUSTRY SNAPSHOT W 28
Slide 30: India Office and Flex Market
INDIA OFFICE AND FLEX MARKET INDIA OFFICE & FLEX MARKET A STRUCTURAL GROWTH STORY, WHERE FLEX LEADS THE NEXT CHAPTER 82.6 MSF 58.9 MSF 21.9 MSF 8.3 MSF Record office leasing in 2025 New Grade A supply completions in Q1 CY26 gross leasing – 13% growth New Grade A supply completions in Q1 (3rd consecu
Slide 31: India GCC Landscape
INDIA GCC LANDSCAPE INDIA OFFICE & FLEX MARKET THE WORLD'S LARGEST GCC ECOSYSTEM — AND GROWING 2,117 USD 98.4 Bn 2.36 Mn >40% GCCs in India, FY26E Total GCC Revenue Installed GCC talent Share in Indian (3,728 Units) FY26E in India FY26E CRE leasing GCC & UNIT GROWTH: FY21 vs FY26E GCC REVENUE TRAJEC
Slide 32: Historical Financials
HISTORICAL FINANCIALS 31
Slide 33: The Financial Journey
THE FINANCIAL JOURNEY REVENUE, EBITDA AND ROCE TRAJECTORY Operating EBITDA Revenue from Operations 550 1,493 402 0 +60% 257 1,208 13 245 +53% 278 156 849 25 68 53 205 545 1,237 21 FY21 FY22 FY23 FY24 FY25 FY26 105 916 257 178 12 619 ROCE#^ 5 49 419 62% 60% 11 162 196 FY21 FY22 FY23 FY24 FY25 FY26 43
Slide 34: Design Portfolio
DESIGN PORTFOLIO 33
Slide 35: Design Portfolio
Design Portfolio 34
Slide 36: Design Portfolio
Design Portfolio 35
Slide 37: Design Portfolio
Design Portfolio 36
Slide 38: Thank You
Company Investor Relations THANK CIN: U74140MH2010PTC204285 YOU CIN: L74999DL2014PLC274236 Ms. Ami Parekh / Mr. Rahul Agarwal cs.corp@awfis.com E: ami.Parekh@sgapl.net / rahul.agarwal@sgapl.net www.awfis.com T: +91 8082466052 / +91 9821438864 www.sgapl.net 37
Awfis Space Solutions — Q1 FY2027 Earnings Presentation on 6ix