NSEGeneral Updates1d ago · 29 Aug 2026, 06:28 pm
General Updates
Smartworks Coworking Spaces Limited · SMARTWORKS
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Smartworks Coworking Spaces Limited has informed the Exchange about Business Responsibility and Sustainability Report for the Financial Year 2025-26.
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Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Smartworks Coworking Spaces Limited has informed the Exchange about Business Responsibility and Sustainability Report for the Financial Year 2025-26
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Date: August 29, 2026
To, To,
National Stock Exchange of India Limited (“NSE”) BSE Limited (“BSE”)
Listing Department Listing Department
Exchange Plaza, C-1 Block G, Bandra Kurla Corporate Relationship Department
C omplex Bandra [E], Mumbai – 400051 Phiroze Jeejeebhoy Towers,
D alal Street, Fort, Mumbai - 400 001
NSE Scrip Symbol: SMARTWORKS BSE Scrip Code: 544447
ISIN: INE0NAZ01010 ISIN: INE0NAZ01010
Sub: Business Responsibility and Sustainability Report for the Financial Year 2025-26
Dear Sir/ Madam,
Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
please find enclosed the Business Responsibility and Sustainability Report (“BRSR”) of Smartworks Coworking
Spaces Limited (“the Company”) for the Financial Year 2025-26.
The BRSR forms an integral part of the Annual Report of the Company for the Financial Year 2025-26 and is also
available on the website of the Company at i.e. https://www.smartworksoffice.com/investors/.
Kindly take the same on record.
For Smartworks Coworking Spaces Limited
Punam Dargar
Company Secretary & Compliance Officer
Mem. No.: A56987
Address: Unit No. 305-310, Plot No 9, 10 & 11 Vardhman Trade Centre
Nehru Place, South Delhi, Delhi, Delhi, India, 110019
Encl.: As above
Smartworks Coworking Spaces Limited
Regd. Office: Unit No. 305 – 310, Plot No. 9,10, & 11, Vardhman Trade Centre, Nehru Place, South Delhi – 110 019.
Corporate Office: DLF Commercial Building, Block - 3, Zone-6, DLF Phase – 5, Gurugram, Haryana – 122022
Phone No: 0124-6919 400
CIN: L74900DL2015PLC310656
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BUSINESS RESPONSIBILITY & SUSTAINABILITY
REPORTING FORMAT
SECTION A: GENERAL DISCLOSURES
I. Details of the listed entity
1. Corporate Identity Number (CIN) of the Listed Entity L74900DL2015PLC310656
2. Name of the Listed Entity Smartworks Coworking Spaces Limited
3. Year of incorporation 2015
4. Registered office address Unit No. 305-310, Plot No 9, 10 and 11,
Vardhman Trade Centre Nehru Place, South
Delhi, Delhi – 110019, India
5. Corporate address DLF Commercial Building, Block - 3, Zone-6, DLF
Phase - 5, Gurugram, Haryana 122002
6. E-mail investor_relations@sworks.co.in
7. Telephone 0124-6919400
8. Website https://www.smartworksoffice.com
9. Financial year for which reporting is being done April 01, 2025 to March 31, 2026
10. Name of the Stock Exchange(s) where shares are listed 1. National Stock Exchange of India Limited
2. Bombay Stock Exchange
11. Paid-up Capital INR 1,142.63 Million
12. Name and contact details (telephone, email address) of the person who Pratik Kumar
may be contacted in case of any queries on the BRSR report Designation: Head of Energy & Sustainability
Contact: +91-8904287542
Email-id: pratik.kumar@sworks.co.in
13. Reporting boundary - Are the disclosures under this report made on a Disclosures under this Report are made on
standalone basis (i.e. only for the entity) or on a consolidated basis (i.e. a consolidated basis covering wholly-owned
for the entity and all the entities which form a part of its consolidated subsidiaries.
financial statements, taken together).
14. Whether the Company has undertaken reasonable assurance of the No
BRSR CORE
15. Name of assurance provider Not applicable
16. Type of assurance obtained Not applicable
II. Products/services
17. Details of business activities (accounting for 90% of the turnover):
S. Description of Main Activity Description of Business Activity % of Turnover of the entity
1 Support services to organisation Other support services to organisations 100%
Additional Notes
Developing and licensing fully serviced office spaces
18. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover):
S. Product/Service NIC Code % of total turnover contributed
1 Office Administrative, Office 82990 - Other business 100%
Support and Other Business support service activities
Support Activities
Additional Notes
Lease Rental
Smartworks
Coworking
Spaces
Limited
Corporate Overview Statutory Reports Financial Statements
III. Operations
19. Number of locations where plants and/or operations/offices of the entity are situated:
Location Number of plants Number of offices Total
National Not applicable 52 Business units 52
International Not applicable 2 Business units 2
20. Markets served by the entity:
a. Number of locations
Locations Number
National (No. of States) 11 States and 1 UT
International (No. of Countries) 1
Additional Notes
The company operates in Singapore through its wholly owned subsidiary, Smartworks Space Pte Ltd.
b. What is the contribution of exports as a percentage of the total turnover of the entity?
Smartworks primarily operates in domestic market and Singapore and does not generate any revenue from exports.
Accordingly, the contribution of exports to the entity’s total turnover is nil.
c. A brief on types of customers
Smartworks primarily serves mid to large enterprises, including Forbes 2000, Global Capability Centres (GCCs),
multinational corporations (MNCs), and high-growth businesses. The Company focuses on leasing large, bare-shell
properties in strategic business locations and transforming them into fully managed, technology-enabled workspaces
tailored to enterprise requirements. Its campuses are designed to support productivity, collaboration, and employee
experience, offering integrated workplace services and amenities within a professionally managed environment. The
Company’s operating model enables clients to access scalable, customised office solutions while reducing the complexity
associated with designing, operating and maintaining workplace infrastructure.
IV. Employees
21. Details as at the end of Financial Year:
a. Employees and workers (including differently abled):
S. Particulars Total (A) Male Female Others
No. No. (B) % (B / A) No. (C) % (C / A) No. (H) % (H / A)
EMPLOYEES
1. Permanent (D) 1013 801 79.07% 212 20.92% 0 0
2. Other than Permanent (E) 25 13 52.00% 12 48.00% 0 0
3. Total employees (D + E) 1038 814 78.42% 224 21.57% 0 0
WORKERS
4. Permanent (F) Not Not Not Not Not Not Not
applicable applicable applicable applicable applicable applicable applicable
5. Other than Permanent (G) 3404 2516 73.91% 888 26.09% 0 0
6. Total workers (F + G) 3404 2516 73.91% 888 26.09% 0 0
Additional Notes
Smartworks does not employ any permanent workers; its worker-level operational requirements are managed entirely
through contract workers. Also, Smartworks does not have differently abled employees or workers.
b. Differently abled Employees and workers:
S. Particulars Total Male Female Others
No. (A) No. (B) % (B/A) No. (C) % (C/A) No. (H) % (H/A)
DIFFERENTLY ABLED EMPLOYEES
1. Permanent (D) 0 0 0 0 0 0 0
2. Other than Permanent (E) 0 0 0 0 0 0 0
3. Total differently abled employees (D + E) 0 0 0 0 0 0 0
DIFFERENTLY ABLED WORKERS
4. Permanent (F) 0 0 0 0 0 0 0
5. Other than permanent (G) 0 0 0 0 0 0 0
6. Total differently abled workers (F + G) 0 0 0 0 0 0 0
Additional Notes
Smartworks does not have any differently abled employees and workers as of March 31, 2026.
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22. Participation/Inclusion/Representation of women
Total (A) No. and percentage of Females
No. (B) %(B/A)
Board of Directors 7 1 14.28%
Key Management Personnel 2 1 50%
23. Turnover rate for permanent employees and workers
FY FY FY
(Turnover rate in current FY) (Turnover rate in previous FY) (Turnover rate prior to previous FY)
Male Female Total Male Female Total Male Female Total
Permanent Employees 42% 43% 42% 42% 64% 46% 62% 70% 63%
Permanent Workers Not Not Not Not Not Not Not Not Not
applicable applicable applicable applicable applicable applicable applicable applicable applicable
V. Holding, Subsidiary and Associate Companies (including joint ventures)
24. (a) Names of holding / subsidiary / associate companies / joint ventures
S. Name of the holding / subsidiary / associate Indicate whether holding/ % of shares held Does the entity
No. companies / joint ventures (A) Subsidiary/ Associate/ by lis
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