Indiqube Spaces Ltd
Incorporated in 2015, IndiQube Spaces Ltd provides workplace solutions to its clients.[1]
- Market Cap ₹ 4,763 Cr.
- Current Price ₹ 227
- High / Low ₹ 234 / 195
- Stock P/E
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 4.76 %
- ROE -234 %
- Face Value ₹ 1.00
Pros
Cons
- Company has low interest coverage ratio.
* 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
Services Services Commercial Services & Supplies Diversified Commercial Services
Part of BSE IPO
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 240 | 294 | 580 | 831 | 1,059 | |
| 216 | 252 | 343 | 604 | 443 | |
| Operating Profit | 24 | 42 | 237 | 226 | 617 |
| OPM % | 10% | 14% | 41% | 27% | 58% |
| 0 | 1 | 22 | 37 | 44 | |
| Interest | 18 | 22 | 188 | 256 | 330 |
| Depreciation | 25 | 37 | 298 | 392 | 487 |
| Profit before tax | -19 | -16 | -228 | -385 | -157 |
| Tax % | -16% | 0% | -13% | -11% | -11% |
| -16 | -16 | -198 | -342 | -140 | |
| EPS in Rs | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | % |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 59% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -234% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.16 | 0.16 | 0.18 | 0.18 | 13 |
| Reserves | 65 | 49 | -308 | 129 | -23 |
| 121 | 154 | 2,926 | 3,050 | 4,095 | |
| 264 | 245 | 352 | 489 | 600 | |
| Total Liabilities | 450 | 448 | 2,969 | 3,668 | 4,685 |
| 248 | 238 | 2,546 | 3,085 | 3,955 | |
| CWIP | 0 | 0 | 24 | 79 | 114 |
| Investments | 2 | 2 | 1 | 1 | 0 |
| 200 | 208 | 398 | 503 | 616 | |
| Total Assets | 450 | 448 | 2,969 | 3,668 | 4,685 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 47 | 39 | 324 | 542 | 612 | |
| -105 | -53 | -174 | -193 | -259 | |
| 34 | 14 | -149 | -365 | -337 | |
| Net Cash Flow | -24 | -1 | 1 | -15 | 15 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 18 | 26 | 21 | 26 | 27 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 18 | 26 | 21 | 26 | 27 |
| Working Capital Days | -176 | -167 | -207 | -200 | -208 |
| ROCE % | 4% | -4% | 5% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2h - Analyst/investor 1x1 meetings on 29 Aug 2025 by Valorem Advisors in Mumbai.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2h
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
19 Aug - Transcript of Earnings call held on August 13 2025.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Aug
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 14 Aug
Concalls
-
Aug 2025Transcript PPT
Business Overview:[1]
IQSL is a managed workplace solutions provider offering tech-driven, sustainable office services aimed at reimagining traditional workspaces. Key offerings include:
a) Workspace Leasing:
Hubs: Centralised offices for core teams
Spokes: Regional branch offices