Wework India Management Ltd
NSE: WEWORK BSE: 544570
Wework India Management Ltd (WEWORK) is a Diversified company listed on NSE: WEWORK | BSE: 544570. With a market cap of ₹6,586 Cr and ROCE of 137%, it operates in the Indian Diversified sector.
₹480
52W: ₹420 — ₹664
PE 28.2 · Book ₹15.7 · +2957% vs bookMarket Cap₹6,586 Cr
Stock P/E28.2Price to Earnings
ROCE137%Return on Capital
ROE0%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company has delivered good profit growth of 20.6% CAGR over last 5 years
Weaknesses
- −Stock is trading at 30.5 times its book value
- −Company has low interest coverage ratio.
- −Promoter holding has decreased over last quarter: -0.39%
- −Promoters have pledged 41.4% of their holding.
Shareholding Pattern
Promoters49.42%
FIIs20.37%
DIIs25.61%
Public4.59%
| Category | Dec 2025 | Mar 2026 |
|---|---|---|
| Promoters | 49.8% | 49.42%▼0.4 |
| FIIs | 21.97% | 20.37%▼1.6 |
| DIIs | 24.83% | 25.61%▲0.8 |
| Public | 3.38% | 4.59%▲1.2 |
Financial Statements
| Metric | Sep 2024 | Dec 2024 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|
| Sales | 469 | 490 | 534 | 573 | 632 |
| Expenses | 171 | 178 | 199 | 192 | 225 |
| Operating Profit | 298 | 312 | 335 | 381 | 407 |
| OPM % | 64% | 64% | 63% | 66% | 64% |
| Net Profit | 204 | -84 | -15 | 7 | 15 |
| EPS ₹ | 37.2 | -9.25 | -1.09 | 0.55 | 1.12 |
AI Insights
Revenue Trend
Mar 2025 revenue at ₹1,942Cr, up 16.8% YoY. OPM at 64%.
Debt Position
Borrowings at ₹4,794Cr. Debt-to-equity ratio: 62.26x. High leverage — monitor closely.
Capex Cycle
CWIP at ₹42Cr (1% of fixed assets). Moderate ongoing capital expenditure.
Margin & Efficiency
ROCE improving from 0% (Mar 2018) to 137% (Mar 2025). Working capital days: -186.
Valuation
PE 28.2x with 137% ROCE. Price is 2957% above book value of ₹15.7. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2m - Intimation of Q4 FY26 Earnings Conference Call
- Board Meeting Intimation for Considering And Approving The Audited Standalone And Consolidated Financial Results Of The Company 11 May - Board to meet on May 21, 2026 to approve Q4 and FY26 audited results; trading window closed from April 1.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 4 May - WeWork India opened Worldmark 6, Aerocity, adding 1.1 lakh sq. ft. and 1,400+ desks in NCR.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 26 Apr - Allotment of equity shares pursuant to Employee Stock Option Scheme
- Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Capacity Addition 14 Apr - WeWork India adds 61,998 sq ft in Pune; 864 desks, ₹36 crore investment by August 2026.
- Rating update 10 Mar from crisil
- Rating update 22 Jan from icra
- Rating update 23 Jan 2025 from icra