Indiqube Spaces Ltd.
NSE: INDIQUBE · Diversified Commercial Services
Snapshot
Unlock Indiqube Spaces Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
IndiQube Spaces Limited provides comprehensive workplace solutions, including shared workspaces, customized design and build services, and facility management. The company supports a diverse client base ranging from global capability centres and unicorns to established corporates across various sectors.
Business Model
The company generates revenue through the leasing of fully or partly equipped shared workspaces and the provision of value-added facility management services. It further monetises its operations through the MiQube digital platform for office optimisation and the IndiQube Cornerstone property management solution.
Growth Outlook
Growth is driven by the increasing demand for flexible workplace solutions among global capability centres and the expansion of its integrated facility management and digital platform offerings.
Key Risks
- Occupancy Risk. Fluctuations in demand for shared workspaces can lead to lower occupancy rates and reduced rental yields.
- Lease Liability. The company faces financial exposure from long-term lease commitments if sub-leasing demand from corporate clients declines.
- Competitive Pressure. The commercial real estate and co-working sector is highly competitive, potentially impacting pricing power and margins.
- Economic Sensitivity. As a provider of corporate services, the company is susceptible to downturns in the IT, manufacturing, and financial services sectors which form its primary client base.
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Key Metrics
P/E
-0.8×
Q1 FY27 · standalone
EV/EBITDA
4.0x
Q1 FY27 · standalone
NET PROFIT MARGIN
-5.6%
Q1 FY27 · standalone
Peers · Diversified Commercial Services
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Indiqube Spaces Ltd.INDIQUBE | ₹3,941 Cr | -0.8× | 4.00 | — | 66.5% | -18.2% | 6.3% | -12.6% |
Quess Corp LimitedQUESS | ₹4,883 Cr | 19.3× | 12.91 | -12.1% | 2.3% | 22.5% | 21.2% | +42.2% |
Elevate Campuses LimitedELEVATE | ₹4,735 Cr | — | — | — | 40.0% | — | — | — |
CMS Info Systems LimitedCMSINFO | ₹3,477 Cr | 12.2× | 5.16 | 1.7% | 26.1% | 12.5% | 16.1% | -40.1% |
Hemisphere Properties India LimitedHEMIPROP | ₹3,169 Cr | -271.2× | -576.39 | -4.2% | -604.4% | -2.8% | -1.2% | -19.2% |
Sanghvi MoversSANGHVIMOV | ₹2,985 Cr | 14.7× | 7.71 | 29.7% | 38.5% | 15.6% | 18.1% | -12.8% |
As of Q1 FY27
Financials
Indiqube Spaces Ltd.
NSE: INDIQUBE · Diversified Commercial Services
Snapshot
Unlock Indiqube Spaces Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
IndiQube Spaces Limited provides comprehensive workplace solutions, including shared workspaces, customized design and build services, and facility management. The company supports a diverse client base ranging from global capability centres and unicorns to established corporates across various sectors.
Business Model
The company generates revenue through the leasing of fully or partly equipped shared workspaces and the provision of value-added facility management services. It further monetises its operations through the MiQube digital platform for office optimisation and the IndiQube Cornerstone property management solution.
Growth Outlook
Growth is driven by the increasing demand for flexible workplace solutions among global capability centres and the expansion of its integrated facility management and digital platform offerings.
Key Risks
- Occupancy Risk. Fluctuations in demand for shared workspaces can lead to lower occupancy rates and reduced rental yields.
- Lease Liability. The company faces financial exposure from long-term lease commitments if sub-leasing demand from corporate clients declines.
- Competitive Pressure. The commercial real estate and co-working sector is highly competitive, potentially impacting pricing power and margins.
- Economic Sensitivity. As a provider of corporate services, the company is susceptible to downturns in the IT, manufacturing, and financial services sectors which form its primary client base.
Start your research today
Unlock AI insights, financials, peers and live data on Indiqube Spaces Ltd. and 5,000+ companies — free.
Key Metrics
P/E
-0.8x
Q1 FY27 · standalone
EV/EBITDA
4.0x
Q1 FY27 · standalone
NET PROFIT MARGIN
-5.6%
Q1 FY27 · standalone
Peers · Diversified Commercial Services
As of Q1 FY27