AWFISServices

Awfis Space Solutions Limited

Diversified Commercial Services · ISIN INE108V01019 · BSE 544181 · NSE EQ · FV ₹10
Last price
₹265
-2.36%today
What this company does

Awfis Space Solutions Limited operates in Diversified Commercial Services, part of the Services sector. It booked ₹425 cr of revenue in its latest quarter (Q1 FY27) and kept 5.6% of sales as profit.

In the report:
57out of 100
Equitytale Health Score
Mixed

Healthier than 57% of companies in Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 29–116 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
48

At close. Not part of the score.

Profitability & returns65

How much profit it earns on the money it employs

Balance sheet44

How much it owes, and whether earnings cover the interest

Cash quality92

Whether reported profit actually arrives as cash

Valuation14

What today's price implies, against our models or its peers

Governance & risk72

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 27% vs last year
Profit up 140% vs last year
No promoter shares pledged
Strong 17% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 5.6% net margin

What if I invest in AWFIS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹265 -2.36%
latest close · 2026-09-17
52-wk low ₹24442 sessions so far52-wk high ₹305
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio19.8Average
LowAverageHigh
P/B ratio3.43High
Below bookModerateHigh
EV / EBITDA2.5Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity17.4%Strong
WeakFairStrong ▸15%
Return on capital15.2%Strong
WeakFairStrong
Net margin5.6%Decent
ThinDecentStrong
EBITDA margin43.8%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.09Comfortable
LowModerateHigh ▸1
Interest cover1.5×Risky
RiskyOkayStrong ▸5×
Current ratio0.68Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹1,894 cr
Book value
₹77
EPS
₹3.35
latest quarter
Net debt
₹-6 cr
more cash than debt
Enterprise value
₹1,889 cr
EBITDA
₹745 cr
annualised
EBIT
₹292 cr
annualised
Operating margin
17.2%
Return on assets
3.3%
Earnings yield
5.06%
P/S
1.11
Sales / share
₹237.5
Tax rate
1.9%
Face value
₹10
Shares
7.2 cr
Working capital
₹-313 cr
Current assets
₹678 cr
Current liabilities
₹990 cr
Delivery %
42.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹128 vs market price ₹265 — price is 106% above it
Safety cushion-106.2%(target ≥ +20%)
Models span ₹68₹137, midpoint ₹128
Model ₹128
Price ₹265
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹425 cr
Other Income₹24 cr
Total Income₹449 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹11 cr
Inventory Change (±)₹-5.2 L
Employee Benefit Expense₹33 cr
Finance Costs₹49 cr
Depreciation & Amortisation₹113 cr
Other Expenses₹219 cr
Total Expenses₹424 cr
Profit before Tax₹24 cr
Tax Expense₹45.4 L
Net Profit₹24 cr
Net margin on total income5.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹11 cr2.5%
Employee benefit expense₹33 cr7.3%
Finance costs₹49 cr10.8%
Depreciation & amortisation₹113 cr25.2%
Other expenses₹219 cr48.7%
Tax expense₹45.4 L0.1%
Profit for the period₹24 cr5.3%
Total income ₹449 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue382 cr410 cr425 cr
Total income411 cr429 cr449 cr
Expenses389 cr406 cr424 cr
Profit before tax22 cr24 cr24 cr
Tax38.8 L25.4 L45.4 L
Net profit (owners' share)22 cr23 cr24 cr
Net margin (owners' share, on revenue)5.7%5.7%5.6%
EPS (₹)3.033.253.35
YoY (latest quarter): total income +27.1% · net profit +140.2%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹2,910 cr
Shareholder equity
₹552 cr
parent shareholders
Total debt
₹51 cr
Cash
₹56 cr
Cash flow · H1 FY26
Operating
₹282 cr
Investing
₹-96 cr
Financing
₹-183 cr
Peer comparison
Diversified Commercial Services · by market value
CompanyPriceMarket capP/E
International Gemological Institute Limited₹315₹13,591 cr20.5
WeWork India Management Limited₹683₹9,464 cr
Nesco Limited₹1,082₹7,619 cr19.1
Inox Green Energy Services Limited₹175₹7,012 cr43.2
Indiabulls Limited₹30₹6,637 cr11.6
Bluspring Enterprises Limited₹124₹6,520 cr
Smartworks Coworking Spaces Limited₹520₹5,941 cr113.0
LEAP India Limited₹136₹5,619 cr56.8
Quess Corp Limited₹353₹5,272 cr16.0
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
17.0%
FII / Foreign
26.9%
DII / Domestic
38.5%
Retail / others
17.6%
Promoter stake down 11.6% over the last 10 quarters.
Smart-money activity
Insider trades
SoldPEAK XV Partners Investments V · Promoters53.50 L · ₹377.5 cr11 Dec 24
SoldSumit Lakhani · Employees/Designated Employees89,290 · ₹5.0 cr26 Jun 24
Bulk / block deals
BoughtVINSUL MAKARDI LTD · NSE3.80 L @ ₹285.211 Sep 26
SoldVINSUL MAKARDI LTD · NSE3.80 L @ ₹285.2511 Sep 26
SoldQE SECURITIES LLP · NSE5.33 L @ ₹281.5711 Sep 26
Stake changes
SoldInvesco Mutual Fund→ 2.70% · 5.20 L9 Dec 25
BoughtHDFC Mutual Fund→ 9.42% · 15.11 L26 Nov 25
BoughtHDFC Mutual Fund→ 7.33% · 16.35 L28 Aug 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 22 Jan 2026
See the official result
1
Approval for the sale and transfer of the Company’s Design and Build Business (D&B Business/Undertaking) on slump sale basis to Awfis Transform Private Limited (“ATPL”), a Wholly Owned Subsidiary of the Company.
Backed by 100% of shareholders other than promotersneeded 75%
3.50 cr votes for, 1,177 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 13 named members
owning 17.0% between them · as of 2026-06-30
AMIT RAMANI16.79%
MONEESHA RAMANI0.20%
Alza Interiors Private Limitedno shares
ANYA RAMANIno shares
BLR Investmentsno shares
DEEPA DEVNANIno shares
KEWAL RAMANI BHAGWANno shares
LAKSHMI KEWAL RAMANIno shares
Business done with them
FY2025 · 1 of the group
The company paid ₹6 cr to companies in the promoter group last year — about 0.5% of its ₹1,208 cr revenue.
Amit Ramani
Other payments to them · Managerial remuneration
also owns 16.79% of the company
₹6 cr
company paid

The company also transacted with 5 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹128 cr raised in May 2024 by selling shares to the public

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet. CARE Ratings Limited watches the spending on the exchange’s behalf.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.