Those coworking areas that will be advertised by Smartworks Coworking Spaces will aim at the maximisation of the income to approximately 35 percent within three to four years. This will be gained by adding capacity regularly and by the increasing demand of the large businesses in the Gurugram-based office space company. To illustrate this growth point of view, we can observe the dimension of the better operating ratios. The company is also likely to penetrate three to four additional Tier I cities in FY27. This growth will be tremendous because of the current business clients that are seeking more destinations. The management does feel that the presently observed demand visibility provides it with the assurance in making without necessarily having to build capacity or make capital.
Founder and managing director Neetish Sarda claimed that the firm was happy with a 30-35 annual growth. He has told him that SmartWorks has already provided him with a sufficient supply, and it is providing it with additional spaces depending on the projected demand. This plan assists in bringing down the balance between turnover and utilisation. It became the initial quarterly profit of Smartworks since its listing in July 2025. The net profit made by the company was 1200 lakh during the December quarter as compared to a loss of 16000 lakh in the previous year. The business would have generated the company 472 crore revenue during the same year, compared to that of the previous year (growing by 34).
One more pressure on the degree of profitability was an increase in the cost of operations. The company investor presentation revealed that the expenses in terms of employee costs and other costs had increased by a huge margin compared to the year before. According to Sarda, when a long-term lease treatment is given attention, depreciation and entries of interest are made, which are not real cash outflows. Smart Works is presently operating in the nine most popular office markets in India. It has also ventured into Tier II cities like Ahmedabad, Jaipur, Kochi, Coimbatore, and Indore. Although the company will continue to target the Tier I cities as the key growth pools, the company will be cherry-picking in the Tier II cities as the demand increases.
The general size of the operation of the firm has increased by approximately 12 million square feet since the company was first IPO to more than 15.3 million square feet as of December 2025. The future of Smartworks will be 2.5-3 million square feet annually. This is approximated as 45,000 and 50,000 seats per annum. A recent report indicates that the flexible office part of the Indian market was estimated at more than 100 million feet according to Colliers. Such penetration will reach 10.5 percent, compared to 8.5 percent in 2025. It can be observed that this trend is creating a positive environment with regard to the expansion strategies of Smartworks.
