Wework India Management Ltd
Incorporated in 2016, WeWork India Management Limited is a flexible workspace operator in India.[1]
- Market Cap ₹ 8,668 Cr.
- Current Price ₹ 646
- High / Low ₹ 656 / 599
- Stock P/E 49.1
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 137 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 20.6% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -26.4%
- Company's cost of borrowing seems high
* 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
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 691 | 640 | 784 | 1,314 | 1,662 | 1,942 | |
| 763 | 825 | 378 | 516 | 614 | 705 | |
| Operating Profit | -72 | -185 | 406 | 798 | 1,048 | 1,237 |
| OPM % | -10% | -29% | 52% | 61% | 63% | 64% |
| 18 | -8 | 52 | 108 | 72 | 29 | |
| Interest | 46 | 122 | 390 | 414 | 508 | 598 |
| Depreciation | 218 | 334 | 712 | 636 | 743 | 823 |
| Profit before tax | -317 | -648 | -643 | -145 | -131 | -155 |
| Tax % | 0% | 0% | 0% | 0% | 0% | -184% |
| -317 | -648 | -643 | -145 | -131 | 130 | |
| EPS in Rs | -1,579.15 | -3,224.68 | -117.32 | -26.37 | -23.86 | 9.74 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 35% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 32% |
| TTM: | 235% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
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| Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 55 | 55 | 197 | 134 |
| Reserves | -605 | -1,239 | -210 | -346 | -628 | 75 |
| 1,550 | 2,250 | 292 | 481 | 625 | 310 | |
| 742 | 628 | 3,835 | 4,219 | 4,291 | 4,876 | |
| Total Liabilities | 1,689 | 1,642 | 3,972 | 4,410 | 4,485 | 5,395 |
| 1,079 | 823 | 3,314 | 3,569 | 3,594 | 4,309 | |
| CWIP | 7 | 0 | 1 | 13 | 15 | 34 |
| Investments | 105 | 86 | 0 | 62 | 189 | 61 |
| 497 | 733 | 657 | 767 | 687 | 991 | |
| Total Assets | 1,689 | 1,642 | 3,972 | 4,410 | 4,485 | 5,395 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -165 | 416 | 942 | 1,165 | 1,293 | ||
| -295 | -6 | -387 | -417 | -309 | ||
| 532 | -602 | -534 | -777 | -984 | ||
| Net Cash Flow | 72 | -192 | 21 | -29 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 8 | 25 | 30 | 19 | 17 | 15 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 8 | 25 | 30 | 19 | 17 | 15 |
| Working Capital Days | -239 | -138 | -226 | -215 | -207 | -186 |
| ROCE % | -51% | -44% | 164% | 196% | 137% |
Documents
Announcements
-
Disclosure Under Regulation 30(5) Of The SEBI (LODR) Regulations, 2015
10 Oct - Board authorized CFO Clifford Noel Lobo and Company Secretary Udayan Shukla to determine materiality and make SEBI Reg 30 disclosures.
-
Intimation Under Regulation 8(2) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015
10 Oct - Published fair disclosure (UPSI) code and legitimate-purpose policy; filed with exchanges, dated 10 Oct 2025.
- Closure of Trading Window 10 Oct
- Listing of Equity Shares of WeWork India Management Ltd 10 Oct
Business Profile[1][2]
WeWork India Management, majority owned and promoted by Embassy Group, is India’s leading premium flexible workspace operator. As of June 2025, it operated 68 centres with an aggregate leasable area of 7.67 million sq. ft. and 1,14,077 desks across eight Tier‑1 cities. The company is the exclusive licensee of the WeWork brand in India, enabling access to a globally recognized name in flexible workspaces.