💼 Awfis Posts ₹1,208 Cr Revenue in FY25 — First Full-Year Profit, 42% Growth, and 135K Seats. Real Business or Coworking Bubble with WiFi?

📌 At a Glance
Awfis (CMP ₹648.10) just dropped a quarterly and full-year result that screams “We’re not just beanbags and free chai anymore.” FY25 revenue jumped 42% to ₹1,208 Cr, EBITDA margin improved 440 bps to 33.3%, and PBT turned positive at ₹44 Cr vs ₹18 Cr loss last year. With 134K operational seats across 208 centres, this is India’s largest flex-space operator — and the only one listed.

The startup has now officially entered “Don’t call us WeWork” territory.

🏢 About the Company

India’s only listed flex-space stock. It serves over 3,000 clients with a mix of coworking, managed offices, tech labs, mobility services, and even cafés. Think of it as OYO for desks — minus the PR disasters.

👥 Who’s Running the Show?

• Amit Ramani – Founder, Chairman & MD
• Sumit Lakhani – Newly appointed CEO (see our CEO article)
• Ami Parekh & Pratik Shah – IR reps from Strategic Growth Advisors

This is not founder-exit chaos. This is mature post-IPO restructuring — the kind real investors like.

📊 FY25 Financials (Consolidated)

“First full-year profit. Not because of accounting tricks. But actual, boring, seat-level execution.” — That’s the flex.

📅 Q4 FY25 Snapshot