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 ₹ 3,603 Cr.
- Current Price ₹ 519
- High / Low ₹ 579 / 371
- Stock P/E
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 8.16 %
- ROE -15.4 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 28.6%
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 154 | 226 | 178 | 257 | 545 | 849 | |
| 187 | 223 | 125 | 189 | 388 | 603 | |
| Operating Profit | -33 | 3 | 53 | 68 | 157 | 245 |
| OPM % | -22% | 2% | 30% | 27% | 29% | 29% |
| 7 | -9 | 38 | 22 | 19 | 26 | |
| Interest | 5 | 9 | 47 | 49 | 73 | 93 |
| Depreciation | 31 | 54 | 87 | 98 | 150 | 196 |
| Profit before tax | -62 | -68 | -43 | -57 | -47 | -18 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% |
| -62 | -68 | -43 | -57 | -47 | -18 | |
| EPS in Rs | ||||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | 68% |
| TTM: | 56% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 18% |
| TTM: | 61% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 30 | 30 | 30 | 30 | 30 | 19 |
| Reserves | -67 | -112 | -19 | -75 | -54 | 232 |
| Preference Capital | 119 | 141 | 139 | 139 | 193 | |
| 20 | 107 | 262 | 298 | 500 | 734 | |
| 214 | 252 | 235 | 306 | 454 | 413 | |
| Total Liabilities | 197 | 277 | 509 | 560 | 931 | 1,398 |
| 66 | 96 | 300 | 340 | 653 | 916 | |
| CWIP | 4 | 1 | 0 | 9 | 1 | 8 |
| Investments | 32 | 58 | 42 | 16 | 0 | 0 |
| 95 | 121 | 166 | 194 | 277 | 473 | |
| Total Assets | 197 | 277 | 509 | 560 | 931 | 1,398 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -11 | -8 | 57 | 83 | 195 | 228 | |
| -38 | -110 | -38 | -7 | -170 | -162 | |
| 62 | 113 | -17 | -80 | -28 | -65 | |
| Net Cash Flow | 12 | -5 | 3 | -4 | -3 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 9 | 9 | 31 | 44 | 32 | 32 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 9 | 9 | 31 | 44 | 32 | 32 |
| Working Capital Days | -110 | -74 | 36 | -21 | -27 | -11 |
| ROCE % | -37% | -0% | -2% | 5% |
Documents
Announcements
- Closure of Trading Window 28 Jun
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
27 Jun - Investor/Analyst Meet based on publicly available Information
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
27 Jun - Newspaper Publication - Notice of Postal Ballot and Remote e-voting
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
26 Jun - Transcript of Earning on Financial results for the quarter and year ended March 31, 2024
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 26 Jun
Concalls
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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 2024.