Wework India Management Ltd.
•₹ 682.9-0.76%
2026-08-21
PROS
- Company has a healthy return on capital (ROCE) of 144.3%
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 58.21x)
- Company has delivered good sales growth of 30.5% CAGR over last 5 years
- Institutional investors have been accumulating - FII+DII up 45.5pp
- Company generates healthy free cash flow
CONS
- A large part of profit comes from other income (99.3% of PBT)
- Promoter holding has decreased over last 2 years: -51.7pp
- Interest coverage is weak at 1.1x - earnings barely cover interest
- Equity base is being diluted - shares outstanding up 147.0%
- Stock is trading at 25.8x its book value
- Recurring exceptional / one-off items are inflating headline profit
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | AEGISVOPAK | 269.30 | 119.27 | 29838.21 | 0.07 | 69.41 | 45.47 | 233.77 | 42.54 | 11.76 | 76.75 |
| 2. | RUBICON | 1797.75 | 103.25 | 29758.50 | 0.08 | 847.81 | 1857.95 | 5343.38 | 1415.88 | 29.22 | 24.16 |
| 3. | WEWORK | 691.30 | 113.74 | 9580.74 | 0.00 | -40.61 | -187.06 | 6838.32 | 1177.45 | 114.70 | 64.06 |
| 4. | PRABHA | 199.55 | 2666.24 | 2924.86 | 0.00 | 0.29 | 234.25 | 1.69 | 49.82 | 0.10 | 19.08 |
| 5. | MALLCOM | 969.00 | 22.60 | 604.66 | 0.31 | 6.57 | -33.36 | 109.49 | -10.57 | 21.53 | 12.47 |
| 6. | MODIRUBBER | 116.00 | 0.00 | 290.47 | 0.00 | 4.25 | -91.29 | 7.81 | — | 4.41 | 4.02 |
| 7. | JISLDVREQS | 21.29 | 0.47 | 41.08 | 0.00 | 0.00 | — | 1357.77 | — | — | 12.61 |
| 8. | MODIPON | 34.00 | 0.00 | 39.36 | 0.00 | -0.13 | -48.89 | 0.00 | — | 0.00 | — |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| 469 | 490 | 536 | 534 | 573 | 632 | 693 | 680 | |
| 171 | 178 | 193 | 559 | 192 | 225 | 243 | 702 | |
| Operating Profit | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — |
| Other Income | 30 | 17 | 15 | 10 | 11 | 10 | 19 | 17 |
| Interest | 157 | 160 | 148 | 136 | 153 | 152 | 159 | 176 |
| Depreciation | 202 | 206 | 223 | 223 | 231 | 245 | 267 | 283 |
| -31 | -84 | -13 | -15 | 7 | 15 | 42 | -5 | |
| Tax % | 752.03% | -0.00% | 393.57% | -0.00% | 0.00% | 0.00% | -52.54% | -0.00% |
| Net Profit | 204 | -84 | 37 | -15 | 7 | 15 | 64 | -5 |
| 16 | -7 | 3 | -0 | 1 | 1 | 5 | -0 | |
| Equity Capital | 55 | 90 | 134 | 134 | 134 | 134 | 135 | 139 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 55 | 90 | 134 | 134 | 134 | 134 | 135 | 139 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Sep 2024
- 469
- 171
- Operating Profit
- —
- OPM %
- —
- Other Income
- 30
- Interest
- 157
- Depreciation
- 202
- -31
- Tax %
- 752.03%
- Net Profit
- 204
- 16
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 55
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 490
- 178
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 160
- Depreciation
- 206
- -84
- Tax %
- -0.00%
- Net Profit
- -84
- -7
- Equity Capital
- 90
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 90
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 536
- 193
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 148
- Depreciation
- 223
- -13
- Tax %
- 393.57%
- Net Profit
- 37
- 3
- Equity Capital
- 134
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 134
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 534
- 559
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 136
- Depreciation
- 223
- -15
- Tax %
- -0.00%
- Net Profit
- -15
- -0
- Equity Capital
- 134
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 134
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 573
- 192
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 153
- Depreciation
- 231
- 7
- Tax %
- 0.00%
- Net Profit
- 7
- 1
- Equity Capital
- 134
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 134
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 632
- 225
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 152
- Depreciation
- 245
- 15
- Tax %
- 0.00%
- Net Profit
- 15
- 1
- Equity Capital
- 134
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 134
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 693
- 243
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 159
- Depreciation
- 267
- 42
- Tax %
- -52.54%
- Net Profit
- 64
- 5
- Equity Capital
- 135
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 135
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 680
- 702
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 176
- Depreciation
- 283
- -5
- Tax %
- -0.00%
- Net Profit
- -5
- -0
- Equity Capital
- 139
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 139
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 57 | 302 | 691 | 643 | 784 | 1,314 | 1,662 | 1,942 | 2,432 | 2,578 | |
| 8 | 117 | 421 | 763 | 825 | 379 | 516 | 614 | 705 | 859 | 1,362 | |
| Operating Profit | -8 | -59 | -117 | -54 | -163 | 459 | 906 | 1,120 | 1,312 | 1,622 | — |
| OPM % | — | -104 | -39 | -8 | -25 | 58 | 69 | 67 | 68 | 67 | — |
| Other Income | 0 | 2 | 2 | 18 | 18 | 54 | 108 | 72 | 75 | 50 | 56 |
| Interest | 0 | 2 | 9 | 46 | 122 | 390 | 414 | 508 | 598 | 601 | 641 |
| Depreciation | 0 | 15 | 112 | 218 | 334 | 712 | 636 | 743 | 823 | 966 | 1,026 |
| -8 | -76 | -237 | -317 | -648 | -643 | -145 | -131 | -155 | 50 | 60 | |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 184 | -44 | -37 |
| Net Profit | -8 | -76 | -237 | -317 | -648 | -643 | -145 | -131 | 131 | 72 | 82 |
| EPS | -104 | -377 | -1,182 | -1,579 | -3,225 | -696 | -26 | -24 | 10 | 5 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -28 | -269 | -844 | -1,128 | -2,303 | -84 | -19 | -17 | 10 | 5 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -28 | -269 | -844 | -1,128 | -2,303 | -84 | -19 | -17 | 10 | 5 | — |
Mar 2017
- 0
- 8
- Operating Profit
- -8
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -8
- Tax %
- 0
- Net Profit
- -8
- EPS
- -104
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -28
Mar 2018
- 57
- 117
- Operating Profit
- -59
- OPM %
- -104
- Other Income
- 2
- Interest
- 2
- Depreciation
- 15
- -76
- Tax %
- 0
- Net Profit
- -76
- EPS
- -377
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -269
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -269
Mar 2019
- 302
- 421
- Operating Profit
- -117
- OPM %
- -39
- Other Income
- 2
- Interest
- 9
- Depreciation
- 112
- -237
- Tax %
- 0
- Net Profit
- -237
- EPS
- -1,182
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -844
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -844
Mar 2020
- 691
- 763
- Operating Profit
- -54
- OPM %
- -8
- Other Income
- 18
- Interest
- 46
- Depreciation
- 218
- -317
- Tax %
- 0
- Net Profit
- -317
- EPS
- -1,579
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1,128
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1,128
Mar 2021
- 643
- 825
- Operating Profit
- -163
- OPM %
- -25
- Other Income
- 18
- Interest
- 122
- Depreciation
- 334
- -648
- Tax %
- 0
- Net Profit
- -648
- EPS
- -3,225
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2,303
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2,303
Mar 2022
- 784
- 379
- Operating Profit
- 459
- OPM %
- 58
- Other Income
- 54
- Interest
- 390
- Depreciation
- 712
- -643
- Tax %
- 0
- Net Profit
- -643
- EPS
- -696
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -84
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -84
Mar 2023
- 1,314
- 516
- Operating Profit
- 906
- OPM %
- 69
- Other Income
- 108
- Interest
- 414
- Depreciation
- 636
- -145
- Tax %
- 0
- Net Profit
- -145
- EPS
- -26
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -19
Mar 2024
- 1,662
- 614
- Operating Profit
- 1,120
- OPM %
- 67
- Other Income
- 72
- Interest
- 508
- Depreciation
- 743
- -131
- Tax %
- 0
- Net Profit
- -131
- EPS
- -24
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -17
Mar 2025
- 1,942
- 705
- Operating Profit
- 1,312
- OPM %
- 68
- Other Income
- 75
- Interest
- 598
- Depreciation
- 823
- -155
- Tax %
- 184
- Net Profit
- 131
- EPS
- 10
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2026
- 2,432
- 859
- Operating Profit
- 1,622
- OPM %
- 67
- Other Income
- 50
- Interest
- 601
- Depreciation
- 966
- 50
- Tax %
- -44
- Net Profit
- 72
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
TTM
- 2,578
- 1,362
- Operating Profit
- —
- OPM %
- —
- Other Income
- 56
- Interest
- 641
- Depreciation
- 1,026
- 60
- Tax %
- -37
- Net Profit
- 82
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 30%
- 3 Years:
- 23%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 4%
- 5 Years:
- 7%
- 3 Years:
- 12%
- Last Year:
- 37%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| 2 | 2 | 2 | 2 | 2 | 55 | 55 | 55 | 134 | 135 | |
| -8 | -84 | -321 | -639 | -1,287 | -249 | -392 | -680 | 15 | 109 | |
| 0 | 0 | 0 | 0 | 0 | 95 | 92 | 87 | 0 | 0 | |
| Trade Payables | 0 | 5 | 50 | 74 | 189 | 113 | 104 | 73 | 51 | 74 |
| 146 | 500 | 1,460 | 2,251 | 2,737 | 3,959 | 4,551 | 4,951 | 4,909 | 6,468 | |
| Total Liabilities | 140 | 423 | 1,190 | 1,689 | 1,642 | 3,972 | 4,410 | 4,485 | 5,110 | 6,787 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 0 | 268 | 759 | 1,079 | 823 | 3,314 | 3,569 | 3,594 | 4,309 | 5,774 | |
| Capital Work in Progress | 8 | 37 | 35 | 7 | 0 | 1 | 11 | 15 | 34 | 38 |
| 0 | 1 | 1 | 105 | 86 | 0 | 62 | 189 | 61 | 283 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 79 | 80 | 82 | |
| Cash & Bank | 106 | 17 | 124 | 65 | 221 | 28 | 50 | 21 | 21 | 62 |
| 26 | 100 | 271 | 433 | 512 | 629 | 719 | 587 | 605 | 548 | |
| Total Assets | 140 | 423 | 1,190 | 1,689 | 1,642 | 3,972 | 4,410 | 4,485 | 5,110 | 6,787 |
| Total Debt | 140 | 350 | 1,031 | 1,550 | 2,222 | 292 | 481 | 625 | 310 | 332 |
| Net Working Capital | 104 | -65 | -114 | -283 | 65 | -458 | -667 | -758 | -937 | -1,203 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 4 | 10 | 9 | 23 | 62 |
| Book Value per Share | -29.85 | -406.88 | -1588.45 | -3167.62 | -6392.29 | -35.36 | -61.61 | -114.16 | 11.15 | 18.04 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 140 | 350 | 1,031 | 1,550 | 2,222 | 292 | 481 | 625 | 310 | 332 |
| Net Working Capital | 104 | -65 | -114 | -283 | 65 | -458 | -667 | -758 | -937 | -1,203 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 4 | 10 | 9 | 23 | 62 |
| Book Value per Share | -29.85 | -406.88 | -1588.45 | -3167.62 | -6392.29 | -35.36 | -61.61 | -114.16 | 11.15 | 18.04 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- 2
- -8
- 0
- Trade Payables
- 0
- 146
- Total Liabilities
- 140
- 0
- Capital Work in Progress
- 8
- 0
- 0
- Cash & Bank
- 106
- 26
- Total Assets
- 140
- Total Debt
- 140
- Net Working Capital
- 104
- Contingent Liabilities
- 0
- Book Value per Share
- -29.85
- Face Value
- 10.00
- Total Debt
- 140
- Net Working Capital
- 104
- Contingent Liabilities
- 0
- Book Value per Share
- -29.85
- Face Value
- 10.00
Mar 2018
- 2
- -84
- 0
- Trade Payables
- 5
- 500
- Total Liabilities
- 423
- 268
- Capital Work in Progress
- 37
- 1
- 0
- Cash & Bank
- 17
- 100
- Total Assets
- 423
- Total Debt
- 350
- Net Working Capital
- -65
- Contingent Liabilities
- 0
- Book Value per Share
- -406.88
- Face Value
- 10.00
- Total Debt
- 350
- Net Working Capital
- -65
- Contingent Liabilities
- 0
- Book Value per Share
- -406.88
- Face Value
- 10.00
Mar 2019
- 2
- -321
- 0
- Trade Payables
- 50
- 1,460
- Total Liabilities
- 1,190
- 759
- Capital Work in Progress
- 35
- 1
- 0
- Cash & Bank
- 124
- 271
- Total Assets
- 1,190
- Total Debt
- 1,031
- Net Working Capital
- -114
- Contingent Liabilities
- 0
- Book Value per Share
- -1588.45
- Face Value
- 10.00
- Total Debt
- 1,031
- Net Working Capital
- -114
- Contingent Liabilities
- 0
- Book Value per Share
- -1588.45
- Face Value
- 10.00
Mar 2020
- 2
- -639
- 0
- Trade Payables
- 74
- 2,251
- Total Liabilities
- 1,689
- 1,079
- Capital Work in Progress
- 7
- 105
- 0
- Cash & Bank
- 65
- 433
- Total Assets
- 1,689
- Total Debt
- 1,550
- Net Working Capital
- -283
- Contingent Liabilities
- 0
- Book Value per Share
- -3167.62
- Face Value
- 10.00
- Total Debt
- 1,550
- Net Working Capital
- -283
- Contingent Liabilities
- 0
- Book Value per Share
- -3167.62
- Face Value
- 10.00
Mar 2021
- 2
- -1,287
- 0
- Trade Payables
- 189
- 2,737
- Total Liabilities
- 1,642
- 823
- Capital Work in Progress
- 0
- 86
- 0
- Cash & Bank
- 221
- 512
- Total Assets
- 1,642
- Total Debt
- 2,222
- Net Working Capital
- 65
- Contingent Liabilities
- 0
- Book Value per Share
- -6392.29
- Face Value
- 10.00
- Total Debt
- 2,222
- Net Working Capital
- 65
- Contingent Liabilities
- 0
- Book Value per Share
- -6392.29
- Face Value
- 10.00
Mar 2022
- 55
- -249
- 95
- Trade Payables
- 113
- 3,959
- Total Liabilities
- 3,972
- 3,314
- Capital Work in Progress
- 1
- 0
- 0
- Cash & Bank
- 28
- 629
- Total Assets
- 3,972
- Total Debt
- 292
- Net Working Capital
- -458
- Contingent Liabilities
- 4
- Book Value per Share
- -35.36
- Face Value
- 10.00
- Total Debt
- 292
- Net Working Capital
- -458
- Contingent Liabilities
- 4
- Book Value per Share
- -35.36
- Face Value
- 10.00
Mar 2023
- 55
- -392
- 92
- Trade Payables
- 104
- 4,551
- Total Liabilities
- 4,410
- 3,569
- Capital Work in Progress
- 11
- 62
- 0
- Cash & Bank
- 50
- 719
- Total Assets
- 4,410
- Total Debt
- 481
- Net Working Capital
- -667
- Contingent Liabilities
- 10
- Book Value per Share
- -61.61
- Face Value
- 10.00
- Total Debt
- 481
- Net Working Capital
- -667
- Contingent Liabilities
- 10
- Book Value per Share
- -61.61
- Face Value
- 10.00
Mar 2024
- 55
- -680
- 87
- Trade Payables
- 73
- 4,951
- Total Liabilities
- 4,485
- 3,594
- Capital Work in Progress
- 15
- 189
- 79
- Cash & Bank
- 21
- 587
- Total Assets
- 4,485
- Total Debt
- 625
- Net Working Capital
- -758
- Contingent Liabilities
- 9
- Book Value per Share
- -114.16
- Face Value
- 10.00
- Total Debt
- 625
- Net Working Capital
- -758
- Contingent Liabilities
- 9
- Book Value per Share
- -114.16
- Face Value
- 10.00
Mar 2025
- 134
- 15
- 0
- Trade Payables
- 51
- 4,909
- Total Liabilities
- 5,110
- 4,309
- Capital Work in Progress
- 34
- 61
- 80
- Cash & Bank
- 21
- 605
- Total Assets
- 5,110
- Total Debt
- 310
- Net Working Capital
- -937
- Contingent Liabilities
- 23
- Book Value per Share
- 11.15
- Face Value
- 10.00
- Total Debt
- 310
- Net Working Capital
- -937
- Contingent Liabilities
- 23
- Book Value per Share
- 11.15
- Face Value
- 10.00
Mar 2026
- 135
- 109
- 0
- Trade Payables
- 74
- 6,468
- Total Liabilities
- 6,787
- 5,774
- Capital Work in Progress
- 38
- 283
- 82
- Cash & Bank
- 62
- 548
- Total Assets
- 6,787
- Total Debt
- 332
- Net Working Capital
- -1,203
- Contingent Liabilities
- 62
- Book Value per Share
- 18.04
- Face Value
- 10.00
- Total Debt
- 332
- Net Working Capital
- -1,203
- Contingent Liabilities
- 62
- Book Value per Share
- 18.04
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -24 | -19 | -60 | 54 | -165 | 416 | 942 | 1,165 | 1,293 | 1,731 | |
| Cash from Investing | -12 | -280 | -374 | -463 | -295 | -6 | -387 | -396 | -309 | -642 |
| Cash from Financing | 142 | 210 | 541 | 349 | 532 | -602 | -534 | -798 | -984 | -1,048 |
| 106 | -89 | 107 | -59 | 72 | -192 | 21 | -29 | -0 | 41 | |
| Free Cash Flow | -24 | -330 | -661 | -455 | -218 | -2,123 | 71 | 490 | -119 | -751 |
| OCF / Net Profit | 3.03 | 0.25 | 0.25 | -0.17 | 0.25 | -0.65 | -6.52 | -8.91 | 9.90 | 23.97 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -3,787 | -3,386 | -2,235 | -1,899 | -2,431 |
| OCF / Net Profit | 3.03 | 0.25 | 0.25 | -0.17 | 0.25 | -0.65 | -6.52 | -8.91 | 9.90 | 23.97 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -3,787 | -3,386 | -2,235 | -1,899 | -2,431 |
Mar 2017
- -24
- Cash from Investing
- -12
- Cash from Financing
- 142
- 106
- Free Cash Flow
- -24
- OCF / Net Profit
- 3.03
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.03
- Cumulative 5-Year FCF
- 0
Mar 2018
- -19
- Cash from Investing
- -280
- Cash from Financing
- 210
- -89
- Free Cash Flow
- -330
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- 0
Mar 2019
- -60
- Cash from Investing
- -374
- Cash from Financing
- 541
- 107
- Free Cash Flow
- -661
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- 0
Mar 2020
- 54
- Cash from Investing
- -463
- Cash from Financing
- 349
- -59
- Free Cash Flow
- -455
- OCF / Net Profit
- -0.17
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.17
- Cumulative 5-Year FCF
- 0
Mar 2021
- -165
- Cash from Investing
- -295
- Cash from Financing
- 532
- 72
- Free Cash Flow
- -218
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- 0
Mar 2022
- 416
- Cash from Investing
- -6
- Cash from Financing
- -602
- -192
- Free Cash Flow
- -2,123
- OCF / Net Profit
- -0.65
- Cumulative 5-Year FCF
- -3,787
- OCF / Net Profit
- -0.65
- Cumulative 5-Year FCF
- -3,787
Mar 2023
- 942
- Cash from Investing
- -387
- Cash from Financing
- -534
- 21
- Free Cash Flow
- 71
- OCF / Net Profit
- -6.52
- Cumulative 5-Year FCF
- -3,386
- OCF / Net Profit
- -6.52
- Cumulative 5-Year FCF
- -3,386
Mar 2024
- 1,165
- Cash from Investing
- -396
- Cash from Financing
- -798
- -29
- Free Cash Flow
- 490
- OCF / Net Profit
- -8.91
- Cumulative 5-Year FCF
- -2,235
- OCF / Net Profit
- -8.91
- Cumulative 5-Year FCF
- -2,235
Mar 2025
- 1,293
- Cash from Investing
- -309
- Cash from Financing
- -984
- -0
- Free Cash Flow
- -119
- OCF / Net Profit
- 9.90
- Cumulative 5-Year FCF
- -1,899
- OCF / Net Profit
- 9.90
- Cumulative 5-Year FCF
- -1,899
Mar 2026
- 1,731
- Cash from Investing
- -642
- Cash from Financing
- -1,048
- 41
- Free Cash Flow
- -751
- OCF / Net Profit
- 23.97
- Cumulative 5-Year FCF
- -2,431
- OCF / Net Profit
- 23.97
- Cumulative 5-Year FCF
- -2,431
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -39.85 | -377.03 | -1181.57 | -1579.17 | -3224.67 | -117.32 | -26.37 | -23.86 | 9.74 | 5.33 |
| Book Value (₹) | -29.85 | -406.88 | -1588.45 | -3167.62 | -6392.29 | -35.36 | -61.61 | -114.16 | 11.15 | 18.04 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -28.44 | -216.48 | -447.66 | -354.30 | -1117.09 | 8.95 | 64.10 | 79.77 | 71.12 | 76.73 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 0.00% | -104.11% | -38.69% | -7.83% | -25.41% | 58.47% | 68.94% | 63.07% | 63.70% | 64.66% |
| Net Margin % | 0.00% | -133.58% | -78.74% | -45.93% | -100.78% | -81.97% | -11.00% | -7.87% | 6.72% | 2.97% |
| ROE % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 36.69% |
| ROCE % | -5.98% | -36.74% | -46.57% | -32.78% | -54.52% | -45.09% | 164.56% | 195.96% | 124.20% | 112.63% |
| -5.72% | -26.94% | -29.45% | -22.05% | -38.93% | -22.91% | -3.45% | -2.94% | 2.72% | 1.21% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 0 | 27 | 8 | 6 | 17 | 25 | 19 | 16 | 15 | 12 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 27 | 8 | 6 | 17 | 25 | 19 | 16 | 15 | 12 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | -23.34x | -4.28x | -3.23x | -2.43x | -1.73x | -1.51x | -1.42x | -1.29x | 2.07x | 1.36x |
| Interest Coverage (x) | 0.00x | -39.86x | -24.59x | -5.96x | -4.33x | -0.65x | 0.65x | 0.74x | 0.74x | 1.08x |
| 37.42x | 0.46x | 0.68x | 0.54x | 1.13x | 0.44x | 0.39x | 0.41x | 0.32x | 0.33x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 0.00% | 431.63% | 129.13% | -6.94% | 21.97% | 67.50% | 26.46% | 16.86% | 25.23% |
| Operating Profit Growth % | 0.00% | -637.96% | -97.57% | 53.62% | -202.00% | 380.63% | 97.51% | 23.61% | 17.13% | 23.67% |
| Net Profit Growth % | 0.00% | -846.20% | -213.39% | -33.65% | -104.20% | 0.80% | 77.52% | 9.52% | 199.80% | -44.66% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 9.52% | 140.81% | -45.22% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 87.24x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 25.80x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.72x | 0.32x | 4.05x |
Mar 2017
- EPS (₹)
- -39.85
- Book Value (₹)
- -29.85
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -28.44
- Operating Margin %
- 0.00%
- Net Margin %
- 0.00%
- ROE %
- 0.00%
- ROCE %
- -5.98%
- -5.72%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- -23.34x
- Interest Coverage (x)
- 0.00x
- 37.42x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -377.03
- Book Value (₹)
- -406.88
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -216.48
- Operating Margin %
- -104.11%
- Net Margin %
- -133.58%
- ROE %
- 0.00%
- ROCE %
- -36.74%
- -26.94%
- Debtor Days
- 27
- Inventory Days
- 0
- Payable Days
- 0
- 27
- Debt to Equity (x)
- -4.28x
- Interest Coverage (x)
- -39.86x
- 0.46x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- -637.96%
- Net Profit Growth %
- -846.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -1181.57
- Book Value (₹)
- -1588.45
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -447.66
- Operating Margin %
- -38.69%
- Net Margin %
- -78.74%
- ROE %
- 0.00%
- ROCE %
- -46.57%
- -29.45%
- Debtor Days
- 8
- Inventory Days
- 0
- Payable Days
- 0
- 8
- Debt to Equity (x)
- -3.23x
- Interest Coverage (x)
- -24.59x
- 0.68x
- Revenue Growth %
- 431.63%
- Operating Profit Growth %
- -97.57%
- Net Profit Growth %
- -213.39%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -1579.17
- Book Value (₹)
- -3167.62
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -354.30
- Operating Margin %
- -7.83%
- Net Margin %
- -45.93%
- ROE %
- 0.00%
- ROCE %
- -32.78%
- -22.05%
- Debtor Days
- 6
- Inventory Days
- 0
- Payable Days
- 0
- 6
- Debt to Equity (x)
- -2.43x
- Interest Coverage (x)
- -5.96x
- 0.54x
- Revenue Growth %
- 129.13%
- Operating Profit Growth %
- 53.62%
- Net Profit Growth %
- -33.65%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -3224.67
- Book Value (₹)
- -6392.29
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1117.09
- Operating Margin %
- -25.41%
- Net Margin %
- -100.78%
- ROE %
- 0.00%
- ROCE %
- -54.52%
- -38.93%
- Debtor Days
- 17
- Inventory Days
- 0
- Payable Days
- 0
- 17
- Debt to Equity (x)
- -1.73x
- Interest Coverage (x)
- -4.33x
- 1.13x
- Revenue Growth %
- -6.94%
- Operating Profit Growth %
- -202.00%
- Net Profit Growth %
- -104.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -117.32
- Book Value (₹)
- -35.36
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.95
- Operating Margin %
- 58.47%
- Net Margin %
- -81.97%
- ROE %
- 0.00%
- ROCE %
- -45.09%
- -22.91%
- Debtor Days
- 25
- Inventory Days
- 0
- Payable Days
- 0
- 25
- Debt to Equity (x)
- -1.51x
- Interest Coverage (x)
- -0.65x
- 0.44x
- Revenue Growth %
- 21.97%
- Operating Profit Growth %
- 380.63%
- Net Profit Growth %
- 0.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- -26.37
- Book Value (₹)
- -61.61
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 64.10
- Operating Margin %
- 68.94%
- Net Margin %
- -11.00%
- ROE %
- 0.00%
- ROCE %
- 164.56%
- -3.45%
- Debtor Days
- 19
- Inventory Days
- 0
- Payable Days
- 0
- 19
- Debt to Equity (x)
- -1.42x
- Interest Coverage (x)
- 0.65x
- 0.39x
- Revenue Growth %
- 67.50%
- Operating Profit Growth %
- 97.51%
- Net Profit Growth %
- 77.52%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- -23.86
- Book Value (₹)
- -114.16
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 79.77
- Operating Margin %
- 63.07%
- Net Margin %
- -7.87%
- ROE %
- 0.00%
- ROCE %
- 195.96%
- -2.94%
- Debtor Days
- 16
- Inventory Days
- 0
- Payable Days
- 0
- 16
- Debt to Equity (x)
- -1.29x
- Interest Coverage (x)
- 0.74x
- 0.41x
- Revenue Growth %
- 26.46%
- Operating Profit Growth %
- 23.61%
- Net Profit Growth %
- 9.52%
- 9.52%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.72x
Mar 2025
- EPS (₹)
- 9.74
- Book Value (₹)
- 11.15
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 71.12
- Operating Margin %
- 63.70%
- Net Margin %
- 6.72%
- ROE %
- 0.00%
- ROCE %
- 124.20%
- 2.72%
- Debtor Days
- 15
- Inventory Days
- 0
- Payable Days
- 0
- 15
- Debt to Equity (x)
- 2.07x
- Interest Coverage (x)
- 0.74x
- 0.32x
- Revenue Growth %
- 16.86%
- Operating Profit Growth %
- 17.13%
- Net Profit Growth %
- 199.80%
- 140.81%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.32x
Mar 2026
- EPS (₹)
- 5.33
- Book Value (₹)
- 18.04
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 76.73
- Operating Margin %
- 64.66%
- Net Margin %
- 2.97%
- ROE %
- 36.69%
- ROCE %
- 112.63%
- 1.21%
- Debtor Days
- 12
- Inventory Days
- 0
- Payable Days
- 0
- 12
- Debt to Equity (x)
- 1.36x
- Interest Coverage (x)
- 1.08x
- 0.33x
- Revenue Growth %
- 25.23%
- Operating Profit Growth %
- 23.67%
- Net Profit Growth %
- -44.66%
- -45.22%
- P/E (x)
- 87.24x
- P/B (x)
- 25.80x
- Dividend Yield %
- 0.00%
- 4.05x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-04 - WeWork India Management Limited has informed the Exchange about Schedule of meet
- Copy of Newspaper Publication
2026-08-01 - WeWork India Management Limited has informed the Exchange about Copy of Newspaper Publication post-dispatch of the AGM Notice and Annual Report (FY 2025-26) to the shareholders of the Company
Annual Reports
Credit Ratings
- Credit Rating- Revision
2026-07-27 - WeWork India Management Limited has informed the Exchange about Upgrade in Credit Rating
Concalls
Jul 2026
Jun 2026
May 2026