20-quarter listed-company comparison

Realty - CoWorking Stocks in India

Realty - CoWorking: Wework India Management Ltd owns the largest revenue base; EFC (I) Ltd has the fastest current growth.

01 · the index people search for

Nifty Realty - CoWorking Index — Constituents & Performance

The Realty - CoWorking companies below are the listed Indian Realty - CoWorking universe this page tracks — the same constituent set people search for as the Nifty Realty - CoWorking index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

02 · the sector itself · before any single company

How has Realty - CoWorking moved against NIFTY 500?

The line below covers up to 4.2 years and opens on the 3Y view; the buttons cut it shorter. Over the most recent two of them this sector is 13% behind NIFTY 500. Earnings across its companies grew 41% on average over the last four reported quarters.

FADING · −2 in 4w✓Moving with the index2 of 4 companies ahead of NIFTY 500 by 5% or more over three months1 is 20% or more behind over a year while earnings grew 20% or more

RS ↑2w · 2/4 >200d (+0) · 2/4 lead (−2) · EPS 3/4↑

Realty - CoWorking, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 4 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

03 · sector relative strength, before individual stocks

Is Realty - CoWorking outperforming NIFTY 500?

Realty - CoWorking has underperformed NIFTY 500 by 15% over the last 52 weeks. Over 13 weeks the gap is a lead of 3.8%. 0 of 3 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. EFC (I) Ltd is the strongest against the sector itself at -18%. Readings are as of 2026-07-19.

+3.8%Sector vs NIFTY 500 · 13 weeks

-15.0%Sector vs NIFTY 500 · 52 weeks

0/3Stocks leading NIFTY 500

0/2Stocks leading sector

Sector metric: 23.6 as of 2026-07-19 · CONSOLIDATION · falling.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Realty - CoWorking has underperformed NIFTY 500 by 15% over 52 weeks and 3.8% over 13 weeks. 0 of 3 covered companies beat NIFTY on Mansfield relative strength, while 0 of 2 beat the sector itself. Wework India Management Ltd leads with revenue of ₹2,589 crore, based on 4 of 4 comparable companies through Jun 2026.

Companies

complete canonical membership

Combined market value

₹20.6K Cr

Wework India Management Ltd

Revenue growing

4/4

positive TTM year-on-year growth

Beating NIFTY 500

0/3

positive Mansfield relative strength

Comparing 4 of 4

04 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%

Wework India Management Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 51% evidence confidence.

How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

Company	Score	Price stage	Growth & earnings/35	Capital efficiency/25	Valuation/20	Relative strength/20
1Wework India Management LtdWEWORK	61.9/100Thin evidence · provisional51% evidence	TURNING	25.6/35 Revenue 27.1% · PAT -40.6% · OPM change 1.4 pp 74% evidence	16.3/25 ROCE 20.7% · OPM 64% 100% evidence	10.0/20 P/E 116× · PEG — 0% evidence	10.0/20 RS sector — · RS bench — · 1Y —10 of 11 weeks ahead 0% evidence
Exact sum: 25.6 + 16.3 + 10 + 10 = 61.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
2EFC (I) LtdEFCIL	56.2/100Mixed-positive evidence72% evidence	ASLEEP	21.4/35 Revenue 42.3% · PAT 50.6% · OPM change -4 pp 95% evidence	20.2/25 ROCE 19.8% · OPM 43% 76% evidence	10.0/20 P/E 11.2× · PEG — 0% evidence	4.6/20 RS sector -18% · RS bench -22.7% · 1Y -43.6%1 of 12 weeks ahead 100% evidence
Exact sum: 21.4 + 20.2 + 10 + 4.6 = 56.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Smartworks Coworking Spaces LtdSMARTWORKS	43.6/100Thin evidence · provisional54% evidence	TURNING	19.0/35 Revenue 36.4% · PAT 100% · OPM change -1 pp 71% evidence	5.6/25 ROCE 8.3% · OPM 63% 95% evidence	10.0/20 P/E 193× · PEG — 0% evidence	9.0/20 RS sector — · RS bench -2.1% · 1Y 12.8%8 of 10 weeks ahead 25% evidence
Exact sum: 19 + 5.6 + 10 + 9 = 43.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4AWFIS Space Solutions LtdAWFIS	40.9/100Mixed-negative evidence73% evidence	ASLEEP	19.8/35 Revenue 23.7% · PAT 4.4% · OPM change 3 pp 83% evidence	11.1/25 ROCE 13.2% · OPM 37% 95% evidence	10.0/20 P/E 28.1× · PEG — 0% evidence	0.0/20 RS sector -30.4% · RS bench -35.2% · 1Y -54.2%6 of 12 weeks ahead 100% evidence
Exact sum: 19.8 + 11.1 + 10 + 0 = 40.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

05 · what price has already done

Market action

Smartworks Coworking Spaces Ltd has the strongest one-year price move in Realty - CoWorking at +12.8%. It also leads on Mansfield relative strength against NIFTY at -2.1%. 0 of 3 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · compare level, then change

Revenue Scale & Growth Durability

Wework India Management Ltd has the highest Revenue among the 4 Realty - CoWorking companies compared here, at ₹2,589 crore. Smartworks Coworking Spaces Ltd is next at ₹1,963 crore. EFC (I) Ltd has the highest Revenue growth at 42.3%, so level and change sit with different companies. 4 of 4 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Wework India Management Ltd is the scale leader at ₹2,589 crore, 31.9% ahead of Smartworks Coworking Spaces Ltd. EFC (I) Ltd's growth is 42.3% from a ₹1,101 crore base, with 16 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderWework India Management Ltd · ₹2,589 crore

Gap31.9% versus #2 · Smartworks Coworking Spaces Ltd

Persistence5/5 recent comparable periods

Coverage4/4 companies · 47 observations

Investor read: Wework India Management Ltd is the scale benchmark; EFC (I) Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Wework India Management Ltd's growth falls below EFC (I) Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenuelargest

1Wework India Management Ltd WEWORK₹2.6K Cr

2Smartworks Coworking Spaces Ltd SMARTWORKS₹2.0K Cr

3AWFIS Space Solutions Ltd AWFIS⚠ unverified₹1.5K Cr

4EFC (I) Ltd EFCIL₹1.1K Cr

Revenue growthfastest growers

1EFC (I) Ltd EFCIL42%

2Smartworks Coworking Spaces Ltd SMARTWORKS36%

3Wework India Management Ltd WEWORK27%

4AWFIS Space Solutions Ltd AWFIS⚠ unverified24%

Revenue · company comparison

4/4 level · 4/4 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	Revenue	Revenue growth	Reported
Wework India Management Ltd WEWORK	₹684 Cr	28%	Jun 2026
Smartworks Coworking Spaces Ltd SMARTWORKS	₹546 Cr	44%	Jun 2026
AWFIS Space Solutions Ltd AWFIS⚠ unverified	₹410 Cr	21%	Mar 2026
EFC (I) Ltd EFCIL	₹283 Cr	29%	Jun 2026

Full 20-quarter history · every available company

Revenue · reported quarter history

AWFIS Space Solutions Ltd · AWFIS⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023₹160 Cr

Jun 2023₹188 Cr

Sep 2023₹208 Cr

Dec 2023₹221 Cr

Mar 2024₹232 Cr

Jun 2024₹258 Cr

Sep 2024₹292 Cr

Dec 2024₹318 Cr

Mar 2025₹340 Cr

Jun 2025₹335 Cr

Sep 2025₹367 Cr

Dec 2025₹382 Cr

Mar 2026₹410 Cr

Jun 2026—

EFC (I) Ltd · EFCIL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022₹4 Cr

Dec 2022₹26 Cr

Mar 2023₹60 Cr

Jun 2023₹56 Cr

Sep 2023₹98 Cr

Dec 2023₹172 Cr

Mar 2024₹93 Cr

Jun 2024₹102 Cr

Sep 2024₹166 Cr

Dec 2024₹177 Cr

Mar 2025₹211 Cr

Jun 2025₹220 Cr

Sep 2025₹255 Cr

Dec 2025₹270 Cr

Mar 2026₹293 Cr

Jun 2026₹283 Cr

Smartworks Coworking Spaces Ltd · SMARTWORKS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024₹313 Cr

Sep 2024₹350 Cr

Dec 2024₹352 Cr

Mar 2025₹358 Cr

Jun 2025₹379 Cr

Sep 2025₹425 Cr

Dec 2025₹472 Cr

Mar 2026₹520 Cr

Jun 2026₹546 Cr

Wework India Management Ltd · WEWORK

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024₹449 Cr

Sep 2024₹470 Cr

Dec 2024₹492 Cr

Mar 2025₹539 Cr

Jun 2025₹535 Cr

Sep 2025₹575 Cr

Dec 2025₹634 Cr

Mar 2026₹696 Cr

Jun 2026₹684 Cr

Revenue growth · reported quarter history

AWFIS Space Solutions Ltd · AWFIS⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 202445%

Jun 202437%

Sep 202440%

Dec 202444%

Mar 202547%

Jun 202530%

Sep 202526%

Dec 202520%

Mar 202621%

Jun 2026—

EFC (I) Ltd · EFCIL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 20232,513%

Dec 2023562%

Mar 202455%

Jun 202482%

Sep 202469%

Dec 20242.9%

Mar 2025127%

Jun 2025116%

Sep 202554%

Dec 202553%

Mar 202639%

Jun 202629%

Smartworks Coworking Spaces Ltd · SMARTWORKS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 202521%

Sep 202521%

Dec 202534%

Mar 202645%

Jun 202644%

Wework India Management Ltd · WEWORK

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 202519%

Sep 202522%

Dec 202529%

Mar 202629%

Jun 202628%

07 · compare level, then change

Operating Economics & Margin Trend

Wework India Management Ltd has the highest OPM among the 4 Realty - CoWorking companies compared here, at 64%. Smartworks Coworking Spaces Ltd is next at 63%. AWFIS Space Solutions Ltd has the highest Margin change at +3 percentage points, so level and change sit with different companies. Its OPM series carries 9 reported observations across the 20-quarter window.

What the numbers say: Wework India Management Ltd leads opm at 64%; AWFIS Space Solutions Ltd leads margin change at +3 percentage points.

LeaderWework India Management Ltd · 64%

Gap1.6% versus #2 · Smartworks Coworking Spaces Ltd

Persistence5/5 recent comparable periods

Coverage4/4 companies · 48 observations

Investor read: Wework India Management Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

OPMhighest

1Wework India Management Ltd WEWORK64%

2Smartworks Coworking Spaces Ltd SMARTWORKS63%

3EFC (I) Ltd EFCIL43%

4AWFIS Space Solutions Ltd AWFIS⚠ unverified37%

Margin changefastest expanders

1AWFIS Space Solutions Ltd AWFIS⚠ unverified+3.0 pp

2Wework India Management Ltd WEWORK+1.4 pp

3Smartworks Coworking Spaces Ltd SMARTWORKS−1.0 pp

4EFC (I) Ltd EFCIL−4.0 pp

Operating margin · company comparison

4/4 level · 4/4 change

All-company data · latest reported quarter

Company	OPM	Margin change	Reported
Wework India Management Ltd WEWORK	64%	+1.4 pp	Jun 2026
Smartworks Coworking Spaces Ltd SMARTWORKS	63%	−1.0 pp	Jun 2026
EFC (I) Ltd EFCIL	43%	−4.0 pp	Jun 2026
AWFIS Space Solutions Ltd AWFIS⚠ unverified	37%	+3.0 pp	Mar 2026

Full 20-quarter history · every available company

OPM · reported quarter history

AWFIS Space Solutions Ltd · AWFIS⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 202330%

Jun 202327%

Sep 202329%

Dec 202331%

Mar 202429%

Jun 202431%

Sep 202434%

Dec 202434%

Mar 202534%

Jun 202538%

Sep 202536%

Dec 202536%

Mar 202637%

Jun 2026—

EFC (I) Ltd · EFCIL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202288%

Sep 202231%

Dec 202220%

Mar 202358%

Jun 202352%

Sep 202341%

Dec 202335%

Mar 202456%

Jun 202445%

Sep 202448%

Dec 202452%

Mar 202552%

Jun 202547%

Sep 202544%

Dec 202541%

Mar 202649%

Jun 202643%

Smartworks Coworking Spaces Ltd · SMARTWORKS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 202461%

Sep 202461%

Dec 202462%

Mar 202565%

Jun 202564%

Sep 202564%

Dec 202565%

Mar 202665%

Jun 202663%

Wework India Management Ltd · WEWORK

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 202421%

Sep 202464%

Dec 202463%

Mar 202564%

Jun 202563%

Sep 202566%

Dec 202564%

Mar 202665%

Jun 202664%

Margin change · reported quarter history

AWFIS Space Solutions Ltd · AWFIS⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024−1.0 pp

Jun 2024+4.0 pp

Sep 2024+5.0 pp

Dec 2024+3.0 pp

Mar 2025+5.0 pp

Jun 2025+7.0 pp

Sep 2025+2.0 pp

Dec 2025+2.0 pp

Mar 2026+3.0 pp

Jun 2026—

EFC (I) Ltd · EFCIL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023−35.5 pp

Sep 2023+9.8 pp

Dec 2023+15.0 pp

Mar 2024−2.0 pp

Jun 2024−7.0 pp

Sep 2024+7.0 pp

Dec 2024+17.0 pp

Mar 2025−4.0 pp

Jun 2025+2.0 pp

Sep 2025−4.0 pp

Dec 2025−11.0 pp

Mar 2026−3.0 pp

Jun 2026−4.0 pp

Smartworks Coworking Spaces Ltd · SMARTWORKS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025+3.0 pp

Sep 2025+3.0 pp

Dec 2025+3.0 pp

Mar 20260.0 pp

Jun 2026−1.0 pp

Wework India Management Ltd · WEWORK

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025+42.1 pp

Sep 2025+2.6 pp

Dec 2025+1.0 pp

Mar 2026+1.0 pp

Jun 2026+1.4 pp

08 · compare level, then change

Profit Scale & Acceleration

EFC (I) Ltd has the highest Net profit among the 4 Realty - CoWorking companies compared here, at ₹259 crore. Wework India Management Ltd is next at ₹85 crore. The same company also holds the highest Profit growth, at 50.6%. 4 of 4 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: EFC (I) Ltd leads with ₹259 crore of TTM profit, 204.7% above Wework India Management Ltd. EFC (I) Ltd shows 50.6% growth from a ₹259 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderEFC (I) Ltd · ₹259 crore

Gap204.7% versus #2 · Wework India Management Ltd

Persistence8/8 recent comparable periods

Coverage4/4 companies · 47 observations

Investor read: EFC (I) Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profitlargest

1EFC (I) Ltd EFCIL₹259 Cr

2Wework India Management Ltd WEWORK₹85 Cr

3AWFIS Space Solutions Ltd AWFIS⚠ unverified₹71 Cr

4Smartworks Coworking Spaces Ltd SMARTWORKS₹28 Cr

Profit growthfastest growers

1EFC (I) Ltd EFCIL51%

2AWFIS Space Solutions Ltd AWFIS⚠ unverified4.4%

Net profit · company comparison

4/4 level · 2/4 change

All-company data · latest reported quarter

Company	Net profit	Profit growth	Reported
EFC (I) Ltd EFCIL	₹71 Cr	51%	Jun 2026
AWFIS Space Solutions Ltd AWFIS⚠ unverified	₹23 Cr	109%	Mar 2026
Smartworks Coworking Spaces Ltd SMARTWORKS	₹13 Cr	—	Jun 2026
Wework India Management Ltd WEWORK	₹-4 Cr	79%	Jun 2026

Full 20-quarter history · every available company

Net profit · reported quarter history

AWFIS Space Solutions Ltd · AWFIS⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023₹-14 Cr

Jun 2023₹-8 Cr

Sep 2023₹-4 Cr

Dec 2023₹-6 Cr

Mar 2024₹1 Cr

Jun 2024₹3 Cr

Sep 2024₹39 Cr

Dec 2024₹15 Cr

Mar 2025₹11 Cr

Jun 2025₹10 Cr

Sep 2025₹16 Cr

Dec 2025₹22 Cr

Mar 2026₹23 Cr

Jun 2026—

EFC (I) Ltd · EFCIL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022₹1 Cr

Dec 2022₹2 Cr

Mar 2023₹9 Cr

Jun 2023₹3 Cr

Sep 2023₹11 Cr

Dec 2023₹21 Cr

Mar 2024₹28 Cr

Jun 2024₹16 Cr

Sep 2024₹37 Cr

Dec 2024₹40 Cr

Mar 2025₹48 Cr

Jun 2025₹47 Cr

Sep 2025₹57 Cr

Dec 2025₹62 Cr

Mar 2026₹69 Cr

Jun 2026₹71 Cr

Smartworks Coworking Spaces Ltd · SMARTWORKS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024₹-23 Cr

Sep 2024₹-16 Cr

Dec 2024₹-16 Cr

Mar 2025₹-8 Cr

Jun 2025₹-4 Cr

Sep 2025₹-3 Cr

Dec 2025₹1 Cr

Mar 2026₹17 Cr

Jun 2026₹13 Cr

Wework India Management Ltd · WEWORK

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024₹-30 Cr

Sep 2024₹204 Cr

Dec 2024₹-83 Cr

Mar 2025₹37 Cr

Jun 2025₹-14 Cr

Sep 2025₹6 Cr

Dec 2025₹17 Cr

Mar 2026₹66 Cr

Jun 2026₹-4 Cr

Profit growth · reported quarter history

AWFIS Space Solutions Ltd · AWFIS⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 20251,000%

Jun 2025233%

Sep 2025-59%

Dec 202547%

Mar 2026109%

Jun 2026—

EFC (I) Ltd · EFCIL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 20231,179%

Dec 2023950%

Mar 2024211%

Jun 2024433%

Sep 2024236%

Dec 202490%

Mar 202571%

Jun 2025194%

Sep 202554%

Dec 202555%

Mar 202644%

Jun 202651%

Wework India Management Ltd · WEWORK

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025-97%

Dec 2025—

Mar 202679%

Jun 2026—

09 · compare level, then change

Return On Capital Employed

Wework India Management Ltd has the highest ROCE among the 4 Realty - CoWorking companies compared here, at 20.7%. EFC (I) Ltd is next at 19.8%. The same company also holds the highest ROCE change, at +4.2 percentage points. 4 of 4 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Wework India Management Ltd leads ROCE at 20.7%, 0.9 percentage points above EFC (I) Ltd. Wework India Management Ltd has the strongest latest improvement at +4.2 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderWework India Management Ltd · 20.7%

Gap4.5% versus #2 · EFC (I) Ltd

Persistence3/3 recent comparable periods

Coverage4/4 companies · 13 observations

Investor read: Wework India Management Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

ROCEhighest

1Wework India Management Ltd WEWORK21%

2EFC (I) Ltd EFCIL20%

3AWFIS Space Solutions Ltd AWFIS⚠ unverified13%

4Smartworks Coworking Spaces Ltd SMARTWORKS8.3%

ROCE changefastest improvers

1Wework India Management Ltd WEWORK+4.2 pp

2Smartworks Coworking Spaces Ltd SMARTWORKS+1.8 pp

3AWFIS Space Solutions Ltd AWFIS⚠ unverified0.0 pp

4EFC (I) Ltd EFCIL−1.0 pp

Return on capital · company comparison

4/4 level · 4/4 change

Withheld from this chart: EFC (I) Ltd (EFCIL) — its two data sources disagree by up to 276% on reported income across 15 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter

Company	ROCE	ROCE change	Reported
Wework India Management Ltd WEWORK	15%	+4.2 pp	Jun 2026
Smartworks Coworking Spaces Ltd SMARTWORKS	9.9%	+1.8 pp	Jun 2026

Full 20-quarter history · every available company

ROCE · reported quarter history

Smartworks Coworking Spaces Ltd · SMARTWORKS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 20256.4%

Jun 20258.1%

Sep 20255.8%

Dec 20257.4%

Mar 20266.4%

Jun 20269.9%

Wework India Management Ltd · WEWORK

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 20245.1%

Dec 2024—

Mar 202510%

Jun 202511%

Sep 202511%

Dec 202515%

Mar 202611%

Jun 202615%

ROCE change · reported quarter history

Smartworks Coworking Spaces Ltd · SMARTWORKS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 20260.0 pp

Jun 2026+1.8 pp

Wework India Management Ltd · WEWORK

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025+6.1 pp

Dec 2025—

Mar 2026+1.0 pp

Jun 2026+4.2 pp

10 · compare level, then change

Valuation Against Growth & Quality

No company in this Realty - CoWorking comparison reports a valuation figure this section can compare, so the PEG rank is empty. On P/E, EFC (I) Ltd is lowest at 11.2×, across 4 of 4 companies with a usable reading. PEG asks what price is being paid for growth; P/E keeps that answer anchored to the actual earnings multiple.

What the numbers say: There is not enough comparable evidence to name a reliable peg leader.

LeaderNo comparable leader

GapNot enough peers

PersistenceNot enough history

Coverage0/4 companies · 0 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

PEGlowest PEG

—Not enough comparable data—

P/Elowest P/E

1EFC (I) Ltd EFCIL11.2

2AWFIS Space Solutions Ltd AWFIS⚠ unverified28.1

3Wework India Management Ltd WEWORK116.0

4Smartworks Coworking Spaces Ltd SMARTWORKS193.0

Valuation · company comparison

0/4 level · 4/4 change

All-company data · latest reported quarter

Company	PEG	P/E	Reported
Wework India Management Ltd WEWORK	—	118.6	Jun 2026
Smartworks Coworking Spaces Ltd SMARTWORKS	—	528.4	Jun 2026
EFC (I) Ltd EFCIL	—	17.7	Jun 2026
AWFIS Space Solutions Ltd AWFIS⚠ unverified	—	30.9	Mar 2026

Full 20-quarter history · every available company

No consistent historical series is available for peg.

P/E · reported quarter history

AWFIS Space Solutions Ltd · AWFIS⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024-551.9

Sep 2024134.3

Dec 202488.5

Mar 202569.3

Jun 2025107.7

Sep 202580.1

Dec 202568.0

Mar 202630.9

Jun 2026—

EFC (I) Ltd · EFCIL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023150.6

Sep 202344.4

Dec 202356.4

Mar 202435.0

Jun 202444.8

Sep 202433.3

Dec 202437.3

Mar 202522.5

Jun 202525.1

Sep 202529.0

Dec 202528.0

Mar 202617.1

Jun 202617.7

Smartworks Coworking Spaces Ltd · SMARTWORKS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025-392.7

Mar 2026404.2

Jun 2026528.4

Wework India Management Ltd · WEWORK

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 202549.7

Mar 2026122.7

Jun 2026118.6

11 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Realty - CoWorking comparison names 7 specific ways its own evidence can mislead, all listed below. All 4 companies here report on comparable dates, so no rank carries a stale marker. 1 draws at least one figure from a second feed with too little overlap to cross-check. 1 has second-feed figures withheld because the two sources disagree.

Keep these limits visible

A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
1 company is missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
Thin comparisons: Valuation have fewer than three usable current readings.

12 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 4 Realty - CoWorking companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-31. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company

Market dataThrough 2026-07-31 · weekly price and relative-strength history

Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.

Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.

Source standing2 cross-checked · 1 unverified · 1 withheld, of 4 graded companies.

How a second data feed is admitted, and what happens when it disagrees

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.

13 · questions investors ask, short speakable answers

Realty - CoWorking company comparison FAQs

These 21 answers restate the Realty - CoWorking comparison above in question form. Every one is computed from the same 4 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-31. Nothing here is estimated, and none of it is a recommendation.

Is the Realty - CoWorking sector outperforming NIFTY 500?

Realty - CoWorking has underperformed NIFTY 500 by 15% over 52 weeks and 3.8% over 13 weeks. 0 of 3 covered companies beat NIFTY on Mansfield relative strength, while 0 of 2 beat the sector itself.

Which Realty - CoWorking company is largest by revenue?

Wework India Management Ltd leads with revenue of ₹2,589 crore, based on 4 of 4 comparable companies through Jun 2026.

Which Realty - CoWorking company is growing fastest?

EFC (I) Ltd has the fastest current revenue growth at 42.3%, across 4 of 4 comparable companies.

Which Realty - CoWorking company has the strongest 4-Factor Sector Score?

Wework India Management Ltd ranks first at 61.9/100 with 51% evidence confidence. The score prioritizes research; it is not a buy recommendation.

How much history does this Realty - CoWorking comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

What is the Nifty Realty - CoWorking index?

The Nifty Realty - CoWorking index tracks India's listed Realty - CoWorking companies as a single basket. This page follows the same 4 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Realty - CoWorking sector rather than to its largest constituent. Figures are as of Jun 2026.

Which are the best Realty - CoWorking stocks in India?

Ranked by this page's four-factor score, Wework India Management Ltd places first among 4 listed Realty - CoWorking companies, followed by EFC (I) Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Realty - CoWorking stocks are listed in India?

This comparison covers 4 listed Realty - CoWorking companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Realty - CoWorking company is the biggest?

Wework India Management Ltd is the largest, with trailing-twelve-month revenue of ₹2,589 crore, ahead of Smartworks Coworking Spaces Ltd at ₹1,963 crore. That covers 4 of 4 companies with comparable reporting through Jun 2026.

Which Realty - CoWorking company has the best profit margins?

Wework India Management Ltd has the highest operating margin at 64%, from 4 of 4 comparable companies. AWFIS Space Solutions Ltd shows the biggest recent improvement, at +3 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Realty - CoWorking company makes the most profit?

EFC (I) Ltd earns the most, at ₹259 crore of trailing-twelve-month net profit, from 4 of 4 comparable companies. EFC (I) Ltd has the fastest profit growth at 50.6%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Realty - CoWorking company earns the highest return on capital?

Wework India Management Ltd leads on return on capital employed at 20.7%, across 4 of 4 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Is the Realty - CoWorking sector beating the market?

Realty - CoWorking has underperformed NIFTY 500 by 15% over the last 52 weeks and 3.8% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 0 of 3 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Realty - CoWorking stock has the strongest price momentum?

Smartworks Coworking Spaces Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Realty - CoWorking company scores highest for research priority?

Wework India Management Ltd scores 61.9 out of 100 with 51% evidence confidence, from 25.6 points on growth and earnings, 16.3 on capital efficiency, 10 on valuation and 10 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Realty - CoWorking companies does this comparison cover, and over what period?

It compares 4 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Realty - CoWorking sector?

The 4 Realty - CoWorking companies on this page carry ₹20,553 crore of combined market value. Wework India Management Ltd is the largest at ₹10,304 crore, about 50% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.

How is the Realty - CoWorking sector performing?

0 of the 3 covered Realty - CoWorking companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 15% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.