Awfis Achieved Highest Ever Yearly Revenue of Rs. 1,208 crores in FY25 Operational Revenue Soars 42% Y-o-Y.
Amit Ramani, Chairman and Managing Director, Awfis Space Solutions Limited, said: ?“I am pleased to share that we have successfully achieved our FY25 guidance, delivering revenue growth of over 30%. Our revenues rose by 42% year-on-year, reaching Rs. 1,208 crores in FY25. Additionally, operational EBITDA grew by 64% during this period to Rs. 402 crores, resulting in an EBITDA margin of 33.3%. This represents an expansion of over ~440 bps compared to FY24, exceeding our initial expectations.??
We delivered on our commitment to reach the targeted 135K operational seats by March 2025. Since March 2024, we have added 39K+ seats and 48 centers, bringing our total to 134K+ seats across 208 operational centers. Including fit-outs and LOIs, we now have around 164K seats covering 8.4 million square feet.? ?
Our asset-light, risk-averse Managed Aggregation (MA) model remains at the core of our strategy, with 67% of seats and 64% of centers aligned under this approach to maximize returns on investment.? We have strengthened our client base with marquee names like the National Stock Exchange (NSE) and several GCCs, while also onboarding three prominent global organizations at our premium centers in Hyderabad, reinforcing our position as the preferred partner for forward-looking businesses.?
?As part of expanding our service categories, we have partnered with ECOS (India) Mobility & Hospitality Limited to offer premium chauffeur-driven and employee transportation services, addressing the growing demand for reliable, secure, and cost-efficient corporate mobility solutions.? Looking ahead to FY26, our strategy will have two phases. In the first half, we will focus on optimizing our expanded capacity from FY25, driving strong occupancy and efficiency. In the second half, we will prioritize strategic capacity expansion, targeting high-potential locations to capture emerging demand and maximize returns. Together, these steps will position us for sustained, profitable growth.”?
FY25 Consolidated Financial Highlights
On Reported basis:
FY25 reported strong Operating Revenue of Rs. 1,208 Crs, growth of 42% YoY?
?Operating EBITDA margin for FY25 is 33.3%, improved by 440 bps on YoY basis, on back of strong revenue growth, occupancy improvement, Enterprise clients, Allied services and operating efficiencies?
?In FY25, reported PBT (excl. Exceptional Items) is Rs. 44 Crs vs loss of Rs. 18 Crs in FY24?
?Exceptional Item includes sale of Facility Management business (“Awfis Care”)?
On IGAAP Equivalent basis:?
?Operating EBITDA margin improved to 13.9% in FY25 against 8.1% in FY24?
?FY25 PBT (excl. Exceptional Items) was Rs. 97 crores against PAT of Rs 13 Crs in FY24?
Q4FY25 Consolidated Financial Highlights
On Reported basis:
Q4FY25 reported strong Operating Revenue of Rs. 340 Crs, growth of 46% YoY?
?Operating EBITDA margin for Q4FY25 is 34.1%, improved by 520 bps on YoY basis, on back of strong revenue growth, Enterprise clients, Allied services and operating efficiencies?
?In Q4FY25, reported PBT (excl. Exceptional Items) is Rs. 12 Crs vs PBT of Rs. 1 Crs in Q4FY24?
On IGAAP Equivalent basis:?
?Operating EBITDA margin improved to 14.2% in Q4FY25 against 9.2% in Q4FY24 ?
?Q4FY25 PBT (excl. Exceptional Items) was Rs. 27 crores against PBT of Rs 6 Crs in Q4FY24
