WEWORK

WeWork India Management Limited

Flexible workspace operator under the WeWork brand in India

Services›Services›Commercial Services & Supplies›Diversified Commercial Services

wework.co.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹661.20
Market cap
9,164 Cr
Stock P/E
108.8
P/B
30.04
ROE (FY26)
24.9%
ROCE (FY26)
103.5%
Operating margin (FY26)
24.8%
Debt / equity (FY26)
1.12
OCF / EBITDA (FY26)
110.2%
OCF / EBITDA (3Y)
108.5%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

WeWork India runs flexible office space in India, fitting out leased buildings and renting desks and whole managed offices to companies, mostly large enterprises and global companies.

Company snapshot

2ndBy market cap

Ranked among 36 companies in Diversified Commercial Services.

What we see

Positives
  • ✓108% of operating profit came in as cash over the last three years — profits are backed by real cash.
Concerns
  • ✗Interest coverage of 1.0x — earnings barely cover interest payments, which is a warning sign.
1 more signal from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2025Dec 2025Mar 2026Jun 2026
Sales575 Cr634 Cr696 Cr684 Cr
Operating expenses (approx.)195 Cr227 Cr246 Cr246 Cr
EBITDA380 Cr408 Cr450 Cr438 Cr
OPM %66.1%64.3%64.7%64.0%
Other income11 Cr10 Cr19 Cr17 Cr
Interest153 Cr152 Cr159 Cr176 Cr
Depreciation231 Cr246 Cr267 Cr283 Cr
Profit before tax6 Cr17 Cr44 Cr-4 Cr
Tax %-2.7%-0.2%-49.7%-3.0%
Net profit6 Cr17 Cr66 Cr-4 Cr
EPS (₹)₹0.47₹1.25₹4.88₹-0.31

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,315 Cr1,665 Cr1,949 Cr2,440 CrSign in free for the trailing twelve months
Operating expenses (approx.)519 Cr618 Cr711 Cr867 CrSign in free for the trailing twelve months
EBITDA796 Cr1,047 Cr1,238 Cr1,574 CrSign in free for the trailing twelve months
OPM %60.5%62.9%63.5%64.5%Sign in free for the trailing twelve months
Other income108 Cr72 Cr75 Cr50 CrSign in free for the trailing twelve months
Interest414 Cr508 Cr598 Cr601 CrSign in free for the trailing twelve months
Depreciation637 Cr744 Cr824 Cr967 CrSign in free for the trailing twelve months
Profit before tax-147 Cr-136 Cr-157 Cr53 CrSign in free for the trailing twelve months
Tax %0.1%0.2%181.8%-41.6%Sign in free for the trailing twelve months
Net profit-147 Cr-136 Cr128 Cr75 CrSign in free for the trailing twelve months
EPS (₹)₹-11.52₹-10.73₹9.93₹5.55Sign in free for the trailing twelve months
Dividend payout %———0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2023Mar 2024Mar 2025Mar 2026
Equity capital55 Cr55 Cr134 Cr135 Cr
Reserves-347 Cr-492 Cr66 Cr163 Cr
Borrowings486 Cr626 Cr310 Cr333 Cr
Other liabilities4,221 Cr4,295 Cr4,881 Cr6,460 Cr
Total liabilities4,414 Cr4,483 Cr5,392 Cr7,092 Cr
Fixed assets (net)569 Cr675 Cr908 Cr1,177 Cr
CWIP11 Cr15 Cr34 Cr38 Cr
Investments57 Cr176 Cr43 Cr268 Cr
Inventories0.23 Cr0.13 Cr0.66 Cr0.83 Cr
Trade receivables70 Cr80 Cr83 Cr85 Cr
Cash & bank50 Cr21 Cr24 Cr63 Cr
Other assets3,657 Cr3,516 Cr4,299 Cr5,461 Cr
Total assets4,414 Cr4,483 Cr5,392 Cr7,092 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity942 Cr1,162 Cr1,290 Cr1,734 Cr
Cash from investing-386 Cr-393 Cr-304 Cr-647 Cr
Cash from financing-534 Cr-797 Cr-984 Cr-1,048 Cr
Net cash flow22 Cr-29 Cr2 Cr39 Cr
Free cash flow (OCF − Capex)709 Cr918 Cr918 Cr1,278 Cr

Ratios

MetricMar 2023Mar 2024Mar 2025Mar 2026
ROCE %——86.4%103.5%
ROE %——63.6%24.9%
Debtor days19181613
Inventory days1143088115
Days payable5230216815684510323
Cash conversion cycle-52168-16768-6742-10195
OCF / EBITDA %118.4%111.0%104.2%110.2%
OCF / EBITDA % (3 years)——110.2%108.5%
Debt / equity——1.551.12
Current ratio0.400.410.330.33
Net debt / EBITDA0.550.580.230.17