Awfis successfully achieved their fiscal year 2026 revenue and EBITDA goals, despite a slowdown in the Design Build segment. For fiscal year 2027, the company anticipates a growth of 25-28% for coworking services and 20-23% for Awfis Transform.
Awfis Space Solutions Limited
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Awfis Space Solutions reported a significant 30% year-on-year increase in their Q4 EBITDA, reaching ₹1.5B. Additionally, the company's profit margins improved to 37%, marking a positive growth trend.
Awfis significantly boosted its Q4 profits by 107%, reaching ₹23.2 crore, accompanied by a 23% increase in revenue year-over-year. Despite a 17% jump in expenses, the total income for the quarter was approximately ₹429.1 crore.
Awfis Space Solutions has received approval from the NRC to issue additional equity shares, raising its paid-up capital to approximately INR 71.6 crore. Additionally, the NRC granted stock options to employees under the Employee Stock Option Scheme 2024 with a four-year vesting period.
Awfis Space Solutions will be holding a board meeting on May 25, 2026, for the review of AFRs. In accordance with SEBI rules, trading activity in the company's shares is suspended until 48 hours after the AFR declaration.
Awfis Space Solutions has successfully resolved GST disputes for the years 2019-2025, significantly reducing a demand of over Rs. 29 crores. Additionally, the company has already paid an interest amount of approximately Rs. 55 lakhs and no further GST liabilities are expected post-resolution.
Awfis Space Solutions Ltd has announced the resolution of its GST disputes from the 2019-20 fiscal year, with no liability found against them. The GST department has withdrawn a demand of INR 2.96 crores in this case, but other fiscal year matters remain under review.