MarketFriction

AWFIS Space Solutions Ltd

NSE AWFIS · BSE 544181 · Diversified Commercial Services
₹235.26 -3.62%
NSE close2026-10-01
52 week range229.05 - 639.40
Market cap₹1,761 Cr.
P/E20.8
IPO 2024 · -39% since Price band 20% Delivery 51.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales208221232258292318340335367382410425
Expenses148153165179192210224208235243258263
Operating Profit60676779100107116127132139152162
OPM %29%31%29%31%34%34%34%38%36%36%37%38%
Other Income759103415201826291924
Interest232524283035434647474649
Depreciation48545158657281899599101113
Profit before tax-4-6133915121016222424
Tax %0%0%0%0%0%0%7%4%2%2%1%2%
Net Profit-4-6133915111016222324
EPS in Rs0.405.512.141.581.402.233.033.253.35
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1542261782575458491,2081,4931,584
Expenses187223125189388603801944998
Operating Profit-3335368157246407550586
OPM %-22%1.5%30%27%29%29%34%37%37%
Other Income7-938221925749398
Interest5947497393136186189
Depreciation31548798150196276384409
Profit before tax-62-68-43-57-47-18697286
Tax %0%0%0%0%0%0%1%2%
Net Profit-62-68-43-57-47-18687185
EPS in Rs9.569.9011.86
Dividend Payout %0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%53%40%23%
Compounded Profit Growth%29%53%70%
Stock Price CAGR%%%-57%
Return on Equity%%%14%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3030303030197172
Reserves-67-112-19-75-54-113388481
Borrowings1392484014376931,0791,4131,501
Other Liabilities9411196167261413635857
Total Liabilities1972775095609311,3982,5072,910
Fixed Assets66963003406539161,5801,701
CWIP4109191812
Investments325842160000
Other Assets951211661942774739091,196
Total Assets1972775095609311,3982,5072,910
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-11-85783195229363616
Cash from Investing Activity-38-110-38-7-170-163-203-220
Cash from Financing Activity62113-17-80-28-65-124-380
Net Cash Flow12-53-4-323616
Free Cash Flow-54-9321143684163406
CFO/OP2%22%72%131%133%102%90%119%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days99314432323634
Inventory Days
Days Payable
Cash Conversion Cycle99314432323634
Working Capital Days-110-74-86-160-107-71-88-98
ROCE %-37%-0%-2%5%9%13%13%
Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters28.56%28.24%20.44%20.40%20.31%17.01%17.01%17.00%17.00%
FIIs22.54%20.66%21.07%19.33%21.45%25.04%27.34%26.35%26.92%
DIIs13.54%20.81%29.37%33.97%37.63%41.18%39.56%39.52%38.51%
Public35.36%30.28%29.12%26.29%20.62%16.77%16.09%17.12%17.58%
No. of Shareholders22,98036,58938,91039,12242,51545,11447,46748,38949,296

Fundamentals

Market Cap₹ 1,761 Cr.
Current Price₹ 247
Stock P/E20.8
Book Value₹ 77.2
ROCE13.2 %
ROE14.0 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)23%
Compounded Profit Growth (TTM)70%
Consolidated figures.
Valuation
Market capRs 1,676 Cr
Enterprise valueRs 2,750 Cr
P/E (TTM)19.76x
Price to book-17.87x
Price to sales1.06x
EV / EBITDA4.02x
EV / EBIT9.99x
EV / sales1.74x
Price to cash flow7.32x
Earnings yield5.06%
Profitability
Operating margin (excl. other income)28.97%
Operating margin (incl. other income)31.97%
EBITDA margin43.18%
Pre-tax margin5.45%
Net profit margin5.36%
Net margin, latest quarter5.64%
ROE29.93%
ROCE9.12%
ROA-1.51%
ROE, 3-year average169.92%
ROCE, 3-year average3.98%
ROA, 3-year average-6.16%
ROE, 5-year average148.71%
ROCE, 5-year average-6.22%
ROA, 5-year average-11.61%
ROIC (approx.)28.08%
Other income / net worth-27.15%
Growth
Sales growth (latest year)55.67%
Sales CAGR, 3 years68.21%
Sales CAGR, 5 years40.68%
Sales growth QoQ3.60%
Profit growth QoQ3.05%
Sales growth YoY (latest quarter)26.96%
Profit growth YoY (latest quarter)140.08%
Per share
EPS (TTM)Rs 11.91
EPS (latest year)Rs -9.09
EPS (latest quarter)Rs 3.36
EPS, 3-year averageRs -14.51
EPS, 5-year averageRs -16.05
Book value per shareRs -13.17
Sales per shareRs 222.27
Cash flow per shareRs 32.13
Free cash flow per shareRs 56.98
Efficiency
Asset turnover0.61x
Fixed asset turnover0.93x
Inventory turnover1840.94x
Inventory days0 days
Debtor days32 days
Debtors turnover11.35x
Cash conversion cycle34 days
Working capital days-98 days
Leverage
Total debtRs 1,079 Cr
Cash and bankRs 5 Cr
Net debtRs 1,074 Cr
Debt to equity-11.50x
Net debt / EBITDA1.57x
Interest coverage1.46x
Current ratio (filing 2026-03-31)0.68x
Quick ratio (filing 2026-03-31)0.68x
Trade payables (filing 2026-03-31)Rs 308 Cr
Owners' fund to total sources-6.71%
Debt to assets77.16%
Cash flow
Cash from Operating Activity (latest year)Rs 229 Cr
Cash from Investing Activity (latest year)Rs -163 Cr
Cash from Financing Activity (latest year)Rs -65 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 406 Cr
FCFE (approx.: FCF + change in debt)Rs 792 Cr
Cash from ops / profit, 5 years87.41x
Sales to cash flow3.71x
Statement figures
Net sales (TTM)Rs 1,584 Cr
Net sales (latest year)Rs 849 Cr
Sales (latest quarter)Rs 425 Cr
Operating profit excl. other income (latest year)Rs 246 Cr
Operating profit (latest quarter)Rs 162 Cr
Other income (TTM)Rs 98 Cr
EBITDA (TTM)Rs 684 Cr
PBDT (TTM)Rs 495 Cr
Profit before tax (TTM)Rs 86 Cr
Net profit (TTM)Rs 85 Cr
Net profit (latest year)Rs -18 Cr
Net profit (latest quarter)Rs 24 Cr
Depreciation (TTM)Rs 409 Cr
Depreciation (latest quarter)Rs 113 Cr
Interest (TTM)Rs 189 Cr
Cost of goods sold (latest year)Rs 295 Cr
Total expenditure (latest year)Rs 603 Cr
Total income (latest year)Rs 874 Cr
Share capitalRs 19 Cr
ReservesRs -113 Cr
Shareholders' fundsRs -94 Cr
Total assetsRs 1,398 Cr
Net blockRs 916 Cr
Capital work in progressRs 9 Cr
ReceivablesRs 75 Cr
InventoryRs 0 Cr
Other liabilitiesRs 413 Cr
Shares outstanding (crore)7.12
Ownership
Promoter holding17.00% (-3.31 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodAWFISNifty 50Difference
1 week-10.3%-2.8% -7.6 pts
1 month-10.5%-6.8% -3.7 pts
3 months-21.9%-7.6% -14.3 pts
6 months+2.0%+0.4% +1.6 pts
1 year-59.9%-9.9% -50.0 pts
2 years-67.8%-13.6% -54.2 pts
43 mutual fund schemes hold about ₹623 Cr. Over three months 24 bought more and 6 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Small Cap Fund0.41%173 +6%
Bandhan Small Cap Fund0.25%85 -8%
Nippon India Multi Cap Fund0.13%73 +7%
Canara Rob Small Cap Fund0.43%63 -1%
HSBC Flexi Cap Fund0.56%34 +3%
Nippon India Value Fund0.34%31 +9%
UTI Small Cap Fund0.53%28 +5%
UTI Innovation Fund1.63%13 +0%
Nippon India Flexi Cap Fund0.12%12 +7%
PGIM India Small Cap Fund0.67%12 +1%
Invesco India Infrastructure Fund0.62%10 +11%
Canara Rob Value Fund0.67%9 +8%
HDFC Business Cycle Fund0.30%8 +7%
HSBC Consumption Fund0.43%8 +3%
WOC Flexi Cap Fund0.07%6 -2%
Canara Rob Balanced Advantage Fund0.50%6 +14%
Bajaj Finserv Small Cap Fund0.20%5 -53%
Axis Aggressive Hybrid Fund(M0.34%5 +9%
Axis Multicap Fund0.04%4 -82%
HSBC Business Cycles Fund0.32%4 +5%
Axis Balanced Advantage Fund0.10%4 +9%
Axis Balanced Advantage Fund0.10%4 +9%
WOC Mid Cap Fund0.05%3 -9%
Motilal Oswal Nifty Microcap 250 Index Fund0.13%3 +2%
Invesco India Aggressive Hybrid Fund0.39%3 +10%

Red flags

F-score 6 of 8
seriousNegative equity Shareholders' equity is negative
lookRepeated losses Net loss in each of the last two years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹425 Cr +26.9% vs Jun 2025. Net profit ₹24 Cr +140.0%.
Against our estimate for Jun 2026: sales +5.4%, profit +19.4% in line. Our estimate for Sep 2026: sales Rs 454 Cr, profit Rs 26 Cr (how).

Activity

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No bulk or block deals on record.
No corporate actions on record.
DateTypeWhat it says
2026-10-02LitigationDisclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
2026-09-30AgreementsAgreements
2026-09-23Press ReleaseThe press release dated September 23, 2026, titled "Awfis Adds 1,00,000 Sq. Ft. of Premium Workspace with its New Elite Centre in Aerocity, New Delhi"...
2026-09-23Shareholder meetingVoting results.
2026-09-21Shareholder meetingProceedings of Annual General Meeting held on September 21, 2026
2026-09-07Concall / analyst meetIntimation of Schedule of Analyst / Institutional Investor meeting under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 ...
2026-09-01Concall / analyst meetSchedule of Analyst / Institutional Investor meeting.
2026-08-27UpdatesLetter to Shareholders Web link of the Annual Report for the Financial Year (FY) 2025-26.
2026-08-27Shareholder meetingNotice of Annual General Meeting to be held on September 21, 2026 along with the Annual Report for the financial year ended March 31, 2026.
2026-08-19Concall / analyst meetTranscript
2026-08-19Press ReleaseA press release dated August 19, 2026, titled "Awfis, in collaboration with Zinnov, launched the report - The Great Workplace Reset: How India GCCs ar...
2026-08-14Monitoring Agency ReportMonitoring Agency Report for the quarter ended June 30, 2026 is attached herewith.
2026-08-13Concall / analyst meetAudio Recording of Earnings Conference Call on the Unaudited (Standalone & Consolidated) Financial Results for the quarter ended June 30, 2026.
2026-08-13Press ReleaseA press release dated August 13, 2026, titled "Awfis Space Solutions Reports Q1 FY27 Results".
2026-08-13Change in ManagementRe-appointment of the Internal Auditors of the Company.
2026-08-13Investor PresentationInvestor Presentation
2026-08-13Board meeting outcomeAwfis Space Solutions Limited has submitted to the Exchange, the unaudited financial results for the period ended June 30, 2026.
2026-08-13ESOPGrant of Options under Awfis Space Solutions Employee Stock Option Scheme 2024.
2026-08-13Committee Meeting UpdatesOutcome of the Nomination and Remuneration Committee Meeting held on August 13, 2026 w.r.t. Grant of Options under Awfis Space Solutions Employee Sto...
2026-08-10Concall / analyst meetSchedule of meet
2026-07-17LitigationPendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-07-06Concall / analyst meetSchedule of meet
2026-07-03Credit RatingCredit Rating
2026-06-29AppointmentAppointment of Mr. Abhishek Poddar as Non- Executive Independent Director of the company w.e.f. July 01, 2026.
2026-06-26UpdatesAwfis Premiumisation Journey - Prestige Tech Park, Bengaluru.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Trade dateShares sold short
2026-09-2910
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 150perc in previous 12 months

Quick answers

What is the market cap of AWFIS Space Solutions Ltd?

AWFIS Space Solutions Ltd (AWFIS) has a market capitalisation of Rs 1,761 Cr. at the 2026-10-01 close.

What is the P/E ratio of AWFIS Space Solutions Ltd?

AWFIS Space Solutions Ltd trades at a P/E of 20.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were AWFIS Space Solutions Ltd's latest quarterly results?

In the Jun 2026 quarter, AWFIS Space Solutions Ltd sales was Rs 425 Cr (+26.9% vs Jun 2025) and net profit was Rs 24 Cr.

What is the 52-week high and low of AWFIS Space Solutions Ltd?

The 52-week high is Rs 639.40 and the 52-week low is Rs 229.05.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03