WeWork India Management Ltd

Wework India Management has entered into a lease deed for capacity addition in Bengaluru, admeasuring 1,51,201 square feet, which will result in an increase in its operational capacity. The company proposes to add 2,327 desks (approximately) to its existing capacity of 1,21,638 desks (83.90% capacity utilisation) on or before June 2026. The capacity expansion will require an investment of Rs 32 crore to be funded by mix of internal accruals and debt. Powered by Capital Market - Live

WeWork India Management announced that CRISIL Ratings has assigned its bank facilities, totaling Rs. 800 crore, a rating of CRISIL A+/Stable for long-term facilities and CRISIL A1 for short-term facilities. Powered by Capital Market - Live

WeWork India Management announced that the Company will be launching a Design & Build vertical, branded as 'Rivet', on 09 March 2026. Powered by Capital Market - Live

The company's existing capacity comprises of 1,21,638 desks, with a utilization rate of 83%. With this new lease deed, the company expects to add a total of 3,100 desks before September 2026. The total cost for the proposed capacity addition is Rs 42 crore, which would be funded either through debt or internal accruals. WeWork India is one of India's leading premium flexible workspace operators. Since its inception, WeWork India has expanded across 8 cities in Chennai, New Delhi, Gurugram, Noida, Mumbai, Bengaluru, Pune, and Hyderabad, with 73 operational centres spanning 8.2 million square feet (as of December 2025). The company had reported a consolidated net profit of 16.70 crore in the quarter ended December 2025 as against net loss of Rs 83.25 crore during the previous quarter ended December 2024. Sales rose 28.97% to Rs 634.11 crore in Q3 FY26 over Q3 FY25. The scrip had declined 1.56% to end at Rs 531.80 on the BSE. Powered by Capital Market - Live

WeWork India Management announced the opening of its new center - WeWork Atrium Place, located in Udyog Vihar, Gurugram. WeWork Atrium Place is spread across ~90,000 sq. ft. of space, with two floors. Backed by transaction advisory support from CBRE, the new centre reinforces WeWork India's growing presence in NCR and marks its sixth centre in partnership with the leading real estate developer DLF. WeWork Atrium Place is strategically positioned to meet the sustained demand for premium flexible workspaces that combine prime location with modern design. Located in Udyog Vihar, the centre spans the 6th and 7th floors and offers over 1,200 desks. As NCR continues to witness strong office space absorption, Gurugram remains its leading commercial hub, accounting for nearly 60% of the region's market share, followed by Noida and Delhi, with demand driven largely by consulting and IT-BPM sectors (Source: ICRA). Building on this momentum, WeWork India plays a key role in enabling flexible working across NCR. With 14 centres across major business districts in the NCR, the company empowers organisations of all sizes to scale with agility while accessing premium locations and enterprise-grade infrastructure. Over the past two years, WeWork India has recorded a 50% increase in enterprise desks across the NCR region, driven by strong demand from the finance, technology, and professional services sectors, among others. Atrium Place is a newly constructed, amenity-rich commercial development centered around a 25-metre-high all-weather atrium. It also benefits from strong regional connectivity and visibility, situated just off NH 48 and close to Rapid Metro access, the center is also about a 10 km drive from IGI Airport. The surrounding ecosystem includes hotels, restaurants, healthcare facilities, banks, and corporate offices, making it well suited for enterprise teams and visiting clients. The building incorporates intelligent building management systems, UV enabled dual air filtration, energy efficient facades, CO2 sensor-based ventilation, and advanced fire and life safety standards, supporting sustainability and occupant wellbeing.Powered by Capital Market - Live

WeWork India Management announced the expansion of its partnership with Turner International India. As a part of the expansion, Turner has launched a 46,000 sq. ft. Managed Office at WeWork Gigaplex (Airoli), Mumbai, that can host over 650 professionals. The collaboration marks a milestone in Turner's growth in India, underscoring its long-term commitment to the country's fast-evolving infrastructure landscape and talent ecosystem. As a global leader in construction and project management, Turner's decision to establish a large-scale managed office with WeWork India underscores the growing confidence of enterprises in flexible workspaces as key enablers of business growth, collaboration, and organisational culture. Exclusively built for Turner, the managed office space has been designed to reflect its global standards of excellence. It also infuses WeWork India's signature design and flexibility DNA, offering the ideal combination of corporate identity, scalability, and operational convenience.Powered by Capital Market - Live

Net profit of Wework India Management reported to Rs 16.70 crore in the quarter ended December 2025 as against net loss of Rs 83.25 crore during the previous quarter ended December 2024. Sales rose 28.97% to Rs 634.11 crore in the quarter ended December 2025 as against Rs 491.66 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales634.11491.66 29 OPM %64.2763.27 - PBDT266.69167.85 59 PBT21.08-37.12 LP NP16.70-83.25 LP Powered by Capital Market - Live

We Work India Management will hold a meeting of the Board of Directors of the Company on 27 January 2026.Powered by Capital Market - Live

The brokerage said WeWork India is the country's largest flexible workspace operator by revenue and continues to benefit from stronger returns than traditional office landlords. It added that the flex-space segment is expanding at about 17% CAGR, nearly twice the pace of overall office stock growth. It expects the company to add 15,000 to 20,000 seats annually over the next three years. The brokerage also highlighted WeWork India's presence across the top eight cities, which enables access to a premium customer base and supports average revenue per member that is nearly double that of listed peers. Revenue is projected to grow at 22% CAGR and EBITDA at 28% CAGR over FY25 to FY28. The report, however, cautioned that any sharp downturn in office demand remains a key risk. Shares of WeWork India Management were listed on 10 October 2025. The stock debuted at Rs 646.50, a 0.23% discount to the issue price of Rs 648. The IPO was subscribed 1.15 times. It opened on 3 October 2025 and closed on 7 October 2025, with a price band of Rs 615 to Rs 648 per share. Launched in 2017, WeWork India is one of India's leading premium flexible workspace operators. Since its inception, WeWork India has expanded across 8 cities in Chennai, New Delhi, Gurugram, Noida, Mumbai, Bengaluru, Pune, and Hyderabad, with 70 operational centres spanning 7.8 million square feet (as of September 2025). On a consolidated basis, net profit of Wework India Management declined 96.91% to Rs 6.29 crore while net sales rose 22.40% to Rs 574.70 crore in Q2 September 2025 over Q2 September 2024. Powered by Capital Market - Live

Net profit of Wework India Management declined 96.91% to Rs 6.29 crore in the quarter ended September 2025 as against Rs 203.63 crore during the previous quarter ended September 2024. Sales rose 22.40% to Rs 574.70 crore in the quarter ended September 2025 as against Rs 469.54 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales574.70469.54 22 OPM %66.0963.50 - PBDT237.45170.95 39 PBT6.24-31.46 LP NP6.29203.63 -97 Powered by Capital Market - Live