Awfis Space Solutions Limited (AWFIS) AI Stock Analysis

Awfis Space Solutions Limited

(NSE:AWFIS)

Select Model

Rating:69Neutral

Price Target:INR 256.00▲(9.47% Upside)

Action:reiterated

Date:09/12/26

The overall score is driven primarily by the company’s rapid growth and clear transition to profitability supported by strong cash generation, offset by high leverage and still-modest margins that introduce financial risk. Technical indicators show short-term price strength within a broader, mixed trend and relatively high volatility, while a mid-20s P/E and no dividend point to a growth-focused valuation that is reasonable but leaves some sensitivity to future earnings performance.

Positive Factors

Revenue and earnings growthStrong FY2026 revenue growth alongside improved operating earnings and net profit indicates that Awfis is scaling its workspace platform and converting expansion into better financial results. If sustained, this growth can support reinvestment, strengthen market presence, and improve earnings capacity over the next several quarters.

Negative Factors

Elevated financial leverageHigh and rising leverage increases financial risk for Awfis because debt obligations can constrain cash available for expansion and make the company more sensitive to changes in occupancy, pricing, or operating performance. It also reduces balance-sheet flexibility if growth or profitability weakens.

Awfis Space Solutions Limited (AWFIS) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 17.21B
Dividend Yield: ―
Average Volume (3M): 67.74K
Price to Earnings (P/E): 19.7
Beta (1Y): 1.54
Revenue Growth: 23.29%
EPS Growth: 11.08%
Country: India
Employees: 731
Sector: General
Sector Strength: 55
Industry: Rental & Leasing Services

Awfis Space Solutions Limited Business Overview & Revenue Model

Company Description

Awfis Space Solutions Limited is an Indian enterprise specializing in dynamic co-working and flexible office environments. The company's operations are structured into several key segments: the provision of co-working spaces for rent and associated a...

How the Company Makes Money

AWFIS primarily makes money by monetizing flexible workspace capacity through member/customer contracts and service arrangements. Key revenue streams include: (1) Workspace membership and seat rentals: recurring fees from individuals and small teams...

Awfis Space Solutions Limited Financial Statement Overview

Summary

Financial performance is solid, driven by extremely fast revenue growth, a clear move into profitability, and strong operating and free cash flow, though margins are still modest and a highly leveraged balance sheet adds risk.

Income Statement

74Positive

Balance Sheet

62Positive

Cash Flow

78Positive

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2024	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	15.84B	14.93B	8.49B	12.08B	5.45B	2.57B
Gross Profit	9.11B	7.39B	6.21B	5.32B	4.14B	1.95B
EBITDA	6.60B	6.42B	2.70B	4.80B	1.76B	897.24M
Net Income	848.40M	708.53M	-175.67M	678.70M	-466.37M	-571.56M
Balance Sheet
Total Assets	0	29.10B	13.98B	25.07B	9.31B	5.60B
Cash, Cash Equivalents and Short-Term Investments	0	3.85B	548.27M	1.12B	285.36M	254.64M
Total Debt	0	15.01B	7.34B	14.13B	39.69M	2.98B
Total Liabilities	-5.52B	23.58B	11.47B	20.48B	7.61B	4.65B
Stockholders Equity	5.52B	5.52B	2.51B	4.59B	1.69B	947.21M
Cash Flow
Free Cash Flow	2.82B	4.07B	847.86M	19.41M	356.31M	141.89M
Operating Cash Flow	2.82B	6.18B	2.30B	3.63B	1.95B	826.94M
Investing Cash Flow	-955.13M	-2.25B	-1.63B	-2.03B	-1.70B	-72.16M
Financing Cash Flow	-1.83B	-3.77B	-645.30M	-1.24B	-277.74M	-798.56M

Awfis Space Solutions Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price233.85

Price Trends

50DMA253.52Negative

100DMA271.50Negative

200DMA304.86Negative

Market Momentum

MACD-5.99Negative

RSI43.41Neutral

STOCH65.31Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AWFIS, the sentiment is Negative. The current price of 233.85 is below the 20-day moving average (MA) of 239.49, below the 50-day MA of 253.52, and below the 200-day MA of 304.86, indicating a bearish trend. The MACD of -5.99 indicates Negative momentum. The RSI at 43.41 is Neutral, neither overbought nor oversold. The STOCH value of 65.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AWFIS.

Awfis Space Solutions Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:AWFIS against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:TAJGVK	69Neutral	INR 18.96B	4.57	―	0.66%	22.41%	194.35%
IN:AWFIS	69Neutral	INR 16.74B	19.70	―	―	23.29%	11.08%
IN:AURUM	62Neutral	INR 15.39B	54.57	―	―	68.14%	―
IN:TREL	58Neutral	INR 5.88B	14.20	―	―	1.74%	-25.99%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:OMAXE	42Neutral	INR 16.60B	-4.49	―	―	16.72%	43.38%

* General Sector Average

Performance Comparison

IN:AWFIS and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:AWFIS	Awfis Space Solutions Limited	233.85	-367.50	-61.11%
IN:AURUM	Aurum Proptech Limited	201.35	29.65	17.27%
IN:OMAXE	Omaxe Limited	90.75	9.94	12.30%
IN:TAJGVK	TAJGVK Hotels & Resorts Ltd.	302.35	-110.47	-26.76%
IN:TREL	TransIndia Real Estate Limited	23.93	-5.64	-19.07%
IN:BRIGHOTEL	Brigade Hotel Ventures Limited	52.45	-30.72	-36.94%

Awfis Space Solutions Limited Corporate Events

Awfis Faces Adverse Arbitration Award in Lease Dispute With Ruby Infotech

Oct 2, 2026

Awfis Space Solutions Limited has disclosed that it received a final arbitral award on October 1, 2026, stemming from a lease dispute with Ruby Infotech Private Limited over premises the company vacated early due to infrastructural and safety concern...

Awfis Closes Trading Window Ahead of September-Quarter Results

Sep 24, 2026

Awfis Space Solutions Limited has announced the closure of its trading window for designated persons, in line with SEBI’s Prohibition of Insider Trading Regulations and its internal code of conduct. The restriction, which also covers immediate...

Awfis and Zinnov spotlight India GCCs’ strategic shift and workspace reset

Aug 19, 2026

Awfis Space Solutions, in collaboration with global consulting firm Zinnov, has released a report titled “The Great Workplace Reset: How India GCCs are Redefining Work, Workforce, and Workspace” that examines the rapid evolution of India&...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 12, 2026

Awfis Space Solutions Limited AI Stock Analysis