• Bengaluru campus expansion: Smartworks leased a 500,000 square foot campus in Bengaluru for an upfront capex of ₹70 crore, accommodating over 10,000 seats and expanding total assets under management to over 16 million square feet.
• GCC portfolio share: GCCs increased from 7% of the portfolio last year to 15% as of FY26, offsetting IT sector shifts and contributing to record absorption and low vacancy rates across Indian markets.
• Financial growth outlook: The company projects 30% to 31% annual revenue growth and targets normalized EBITDA margins of 19% to 20% for FY27, backed by pre-secured real estate supply extending into FY28.
• Infrastructure and sustainability: Campuses are incorporating tech and AI integrations, full-service amenities, and green building standards, with renewable energy powering 60% to 65% of energy requirements in Bengaluru and Maharashtra facilities.