₹547.0
+3.2% today
· 30d +13.46%
as of 2026-09-04
Price · Daily Candles
“SMARTWORKS Navigates Stretched Valuation, While FIIs Retreat Ahead of FCF Compression”
SMARTWORKS, in the 'Real Estate Services' sector, saw annual revenue growth of 27.39% year-on-year for the period ending March 2026, reaching ₹1796 Cr. However, its TTM PE remains elevated at 489.36 and the stock trades at 9.74x Price to Book. ML models predict significant Free Cash Flow compression, with H1, H2, and H3 forecasts showing declines of -40.6%, -40.5%, and -36.1% of market cap respectively, despite a current FCF yield of 15.71%.
BULL CASE
+Annual revenue witnessed a substantial 27.39% YoY growth to ₹1796 Cr for the period ending March 2026.
+The 5-year revenue CAGR stands at an impressive 42.12% up to March 2026, indicating strong historical top-line expansion.
+Quarterly operating profit margin for March 2026 is high at 65.96% with operating profit at ₹351 Cr.
+DII shareholding increased by 0.09% QoQ as of March 2026, reaching 9.06%.
BEAR CASE
−SMARTWORKS trades at a TTM PE of 489.36 and Price-to-Book of 9.74, suggesting a stretched valuation compared to its ROCE of 8.0%.
−ML models predict significant Free Cash Flow compression, with the first half forecast at -40.6% and the second half at -40.5% of market cap.
−FII shareholding decreased by 0.18% QoQ as of March 2026, settling at 0.15%.
−The stock is trading 27.3% off its 52-week high of ₹619.0.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹546 Cr
+44.05% YoY
NET PROFIT
₹13 Cr
OPM
64.21%
-0.17pp YoY
EPS
₹1.15
Intrinsic value · DCF: N/A — ML model predicts severe Δ FCF compression (h1=-36.4%, h2=-32.2%, h3=-31.3% of mktcap), driving projected FCF negative by year 3 despite healthy current FCF. Treating as forecast outlier rather than reporting a misleading ₹0 valuation. Use the Strategy Fit and ML sections instead.
◇ Sector Position
SMARTWORKS, with a TTM PE of 489.36 and ROCE of 8.0%, appears significantly more expensive and less efficient than peers like EFCIL (PE 22.72, ROCE 25.2%) and WEWORK (PE 104.71, ROCE 31.68%).
PEERPEROCE %
SMARTWORKS224.668.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
58
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
STRONG
75
Valuation
STRETCHED
5
Growth
STEADY
69
Profitability
HIGH
80
Technicals
STRONG
70
Risk
MODERATE
50
Key Stats
P/B
9.74
52W HIGH
₹619.0
OFF HIGH
-11.63%
MKT CAP
₹6262 Cr
◉ Active Signals
MACDBullish0.3442
RSI(14)Bullish66.03
Street Consensus
6 analysts₹637.0
mean target
Low ₹547.0Now ₹547.0High ₹725.0
⧉ Strategy Fit 🔒