Indiqube Spaces Ltd

Indiqube Spaces Ltd

₹ 221 -0.04%
14 Nov - close price
About

Incorporated in 2015, IndiQube Spaces Ltd provides workplace solutions to its clients.[1]

Key Points

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

  • Market Cap 4,633 Cr.
  • Current Price 221
  • High / Low 244 / 195
  • Stock P/E
  • Book Value 26.2
  • Dividend Yield 0.00 %
  • ROCE 4.76 %
  • ROE -234 %
  • Face Value 1.00

Pros

Cons

  • Stock is trading at 8.42 times its book value
  • 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.

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Quarterly Results

Figures in Rs. Crores

Jun 2024 Sep 2024 Mar 2025 Jun 2025 Sep 2025
242 252 297 309 350
98 107 127 121 142
Operating Profit 144 145 170 188 208
OPM % 59% 57% 57% 61% 59%
9 12 10 15 16
Interest 74 79 91 110 107
Depreciation 118 122 130 143 156
Profit before tax -39 -44 -41 -50 -39
Tax % 7% 20% -24% -26% -23%
-42 -53 -31 -37 -30
EPS in Rs -2.01 -1.42
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
240 294 351 580 831 1,059
216 252 310 343 604 443
Operating Profit 24 42 42 237 226 617
OPM % 10% 14% 12% 41% 27% 58%
0 1 2 22 37 44
Interest 18 22 24 188 256 330
Depreciation 25 37 39 298 392 487
Profit before tax -19 -16 -19 -228 -385 -157
Tax % -16% 0% 0% -13% -11% -11%
-16 -16 -19 -198 -342 -140
EPS in Rs
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 35%
3 Years: 44%
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 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 0.16 0.16 0.16 0.18 0.18 13 21
Reserves 65 49 130 -308 129 -23 529
121 154 78 2,926 3,050 4,095 4,770
264 245 319 352 489 600 698
Total Liabilities 450 448 526 2,969 3,668 4,685 6,019
248 238 281 2,546 3,085 3,955 4,688
CWIP 0 0 0 24 79 114 118
Investments 2 2 2 1 1 0 0
200 208 243 398 503 616 1,214
Total Assets 450 448 526 2,969 3,668 4,685 6,019

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
47 39 44 324 542 612
-105 -53 -42 -174 -193 -259
34 14 -5 -149 -365 -337
Net Cash Flow -24 -1 -2 1 -15 15

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 18 26 28 21 26 27
Inventory Days
Days Payable
Cash Conversion Cycle 18 26 28 21 26 27
Working Capital Days -176 -167 -167 -207 -200 -208
ROCE % 4% 2% -3% -4% 5%

Shareholding Pattern

Numbers in percentages

Sep 2025
60.60%
2.67%
14.37%
22.35%
No. of Shareholders 28,007

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents