AWFIS Space Solutions Ltd
Incorporated in December 2014, Awfis Space Solutions Limited is a workspace solution provider in India.[1]Awfis Space Solutions provides a wide spectrum of flexible workspace solutions ranging from individual flexible desk needs to customised office spaces for startups, small and medium enterprises as well as for large corporates and multi-national corporations. ICICI Securities Limited, Axis Capital Limited, IIFL Securities Limited, and Emkay Global Financial Services Limited are the book-running lead managers to the public issue.
- Market Cap ₹ 5,095 Cr.
- Current Price ₹ 719
- High / Low ₹ 946 / 371
- Stock P/E 482
- Book Value ₹ 60.2
- Dividend Yield 0.00 %
- ROCE 9.12 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 11.9 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 28.2%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Miscellaneous Industry: Miscellaneous
Part of BSE SmallCap BSE IPO BSE Allcap BSE Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 154 | 226 | 178 | 257 | 545 | 847 | 1,000 | |
| 187 | 223 | 125 | 189 | 388 | 601 | 689 | |
| Operating Profit | -33 | 3 | 53 | 68 | 158 | 245 | 312 |
| OPM % | -22% | 2% | 30% | 27% | 29% | 29% | 31% |
| 7 | -9 | 38 | 22 | 19 | 25 | 58 | |
| Interest | 5 | 9 | 47 | 49 | 73 | 93 | 108 |
| Depreciation | 31 | 54 | 87 | 98 | 150 | 196 | 227 |
| Profit before tax | -62 | -68 | -43 | -57 | -46 | -18 | 35 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | |
| -62 | -68 | -43 | -57 | -46 | -18 | 35 | |
| EPS in Rs | |||||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | 68% |
| TTM: | 55% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 18% |
| TTM: | 61% |
| Stock Price CAGR | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
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| Return on Equity | |
|---|---|
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Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 30 | 30 | 30 | 30 | 30 | 19 | 70 |
| Reserves | -67 | -112 | -19 | 65 | -55 | -113 | 352 |
| 139 | 248 | 142 | 12 | 695 | 1,079 | 1,044 | |
| 94 | 111 | 355 | 453 | 261 | 411 | 483 | |
| Total Liabilities | 197 | 277 | 509 | 560 | 931 | 1,396 | 1,949 |
| 66 | 96 | 300 | 340 | 653 | 916 | 1,249 | |
| CWIP | 4 | 1 | 0 | 9 | 1 | 9 | 18 |
| Investments | 32 | 58 | 42 | 17 | 1 | 2 | 2 |
| 95 | 121 | 166 | 194 | 277 | 470 | 681 | |
| Total Assets | 197 | 277 | 509 | 560 | 931 | 1,396 | 1,949 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -11 | -8 | 68 | 83 | 181 | 229 | |
| -38 | -110 | -46 | -7 | -157 | -163 | |
| 62 | 113 | -19 | -80 | -28 | -65 | |
| Net Cash Flow | 12 | -5 | 3 | -4 | -3 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 9 | 9 | 31 | 54 | 32 | 33 |
| Inventory Days | 4 | |||||
| Days Payable | 359 | |||||
| Cash Conversion Cycle | 9 | 9 | 31 | -301 | 32 | 33 |
| Working Capital Days | -110 | -76 | 10 | -154 | -27 | -11 |
| ROCE % | -37% | -0% | -7% | 7% | 9% |
Documents
Announcements
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Report Of Violation Related To Code Of Conduct Under The SEBI (Prohibition Of Insider
Trading) Regulations, 2015
27 Nov - Report of insider trading violation by designated person.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
25 Nov - Schedule of Analyst/Institutional Investor meetings on December 4, 2024.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
19 Nov - Awfis Space Solutions Q2 FY'25 earnings call transcript.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
19 Nov - Copy of Newspaper Publication for Postal Ballot dated 18.11.2024
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
18 Nov - Approval for Awfis Space Solutions Employee Stock Option Scheme – 2024.
Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT REC
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Jun 2024Transcript PPT REC
Leading Workspace Provider[1] Awfis Space Solutions is the largest flexible workspace solutions company with a presence in 52 micro markets across 16 cities in India. It had 169 centers with 105,258 total seats and a total chargeable area of 5.33 million square feet (msft) as on 31 December 2023