• Financial performance: Overall revenue grew 24% and coworking business revenue increased 35% year-on-year, while profit after tax rose 66% to ₹72 crore. Overall portfolio occupancy stood at 76%, with mature centers operating at 84% occupancy.
• Expansion guidance: Gross seat additions are guided at 22,000–25,000 seats for FY27 as the company prioritizes higher-realization premium centers over sheer volume. Overall revenue growth is projected at 24–25%, driven by 25–27% growth in coworking and 22–25% in the design-build business.
• Seat realization tiers: Realization per seat ranges from ₹8,000–₹10,000 for regular flagship centers, ₹10,000–₹12,000 for gold centers, and ₹12,000–₹15,000 for elite centers, representing a 20% incremental premium across tiers.
• Client mix drivers: Global capability centers (GCCs) account for 23% of total revenue across 100-plus clients, with enterprises and large corporates representing 65% of the company's 3,500 clients.
• Return on capital: Sustained by a 60% managed aggregation and 40% straight-lease mix, return on capital employed is projected to hold between 55% and 60% as sub-12-month-old centers mature.