
WeWork India Management Limited reported its strongest quarter yet with record revenue and profitability, driven by enterprise demand and operational efficiency across its flexible workspace portfolio.
Revenue grew 27% year-on-year and 9.6% quarter-on-quarter to ₹640.3 crore, driven by rising enterprise demand and high occupancy. EBITDA surged 47.6% year-on-year to ₹134.6 crore with margins expanding to 21.0%.
PAT stood at ₹52 crore, reflecting a 511.8% year-on-year surge. Free cash flow from operations rose to ₹203.8 crore while ROCE improved to 32.6%, underscoring superior returns through disciplined capital deployment.
The company operates 8.2 million sq ft across 73 centres in 8 cities with 11.4 million sq ft AUM including LOIs. It manages 1.22 lakh desks with 83.9% occupancy, with enterprise clients contributing 74% of revenue. Mature centres operated at 86.6% occupancy.
Workspace-as-a-service contributed 83.4% revenue, with Managed Office at 21% of portfolio revenue. Value-added services accounted for 13.5% and digital products contributed 3.1% of Q3 revenue.
nearly 40% of incremental growth is locked through signed leases and LOIs, taking planned capacity to 11.4 million sq ft and 171,000 desks.
The company targets 8.7 million sq ft by March 2026 and 10.3 million sq ft by March 2027. In January 2026, ICRA upgraded the credit rating to [ICRA] A (Stable) from [ICRA] A- (Stable).
Read More: Newly Listed Tech Firms Groww, Physicswallah, and Others Face Institutional Opposition Over ESOP Decisions!
As of January 27, 2026, at 12:09 PM, WeWork India Management share price on NSE was trading at ₹577.60 down by 0.37% from the previous closing price.
WeWork India delivered record Q3 FY26 results with 27% revenue growth to ₹640 crore and PAT surging 512% to ₹52 crore. The company expanded EBITDA margins to 21% while maintaining 83.9% occupancy across 8.2 million sq ft portfolio, positioning for disciplined growth to 11.4 million sq ft capacity.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 27, 2026, 12:56 PM IST

Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
