• Financial performance: Over the past year, WeWork India expanded its capacity by 18.5% to roughly 133,000 seats across 79 centers, driving a 28% increase in revenue, a 70% rise in EBITDA, and a 500% jump in PAT.
• Service diversification: The company launched a B2B "Member Services" platform covering IT, HR, and administrative solutions, alongside a share-premium restructuring to eliminate accumulated losses and enable future dividends or share buybacks.
• Revenue-to-rent ratio: WeWork India operates at a revenue-to-rent ratio of 2.8x—approximately 40% above the industry average of 2.2x—driven by enterprise clients and Grade A commercial assets.
• Capacity expansion: The company plans to add 26,000 to 28,000 seats during the fiscal year, with around 20,000 seats scheduled to open by October across its existing top metro markets.
• Full-year guidance: Management is targeting 20% annual growth in both revenue and EBITDA, supported by strong real estate demand from Global Capability Centers and expanding AI-related hiring.