INDIQUBE SPACES LIMITED
IndiQube Spaces Limited provides workplace solutions and value-added services in India. It engages in the business of leasing of network of shared workspaces of fully or partly equipped premises. The company also provides customized design and build solutions; facility management, asset maintenance, plantation to catering, and transportation services for the employees; MiQube platform to manage, operate, and optimize office spaces; and IndiQube Cornerstone, a property and asset management solution. It serves global capability centers, corporates, and unicorns, as well as information technology/information technology enabled services, manufacturing, automotive, engineering, aviation, banking, financial services and insurance, consulting, e-commerce, educational technology, logistics, pharmaceuticals, and healthcare industries. The company was founded in 1999 and is based in Bengaluru, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 28.2%
Concerns1
- Low interest coverage ratio of 0.9x
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 6 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ1.06 K Cr | β | βΉ-140.00 | β | β | 1400.0% | 27.4% | -59.1% |
| Mar 2024 | βΉ831.00 Cr | β | βΉ-342.00 | β | β | -264.7% | 43.3% | 72.7% |
| Mar 2023 | βΉ580.00 Cr | β | βΉ-198.00 | β | β | 64.3% | 65.2% | 942.1% |
| Mar 2022 | βΉ351.00 Cr | β | βΉ-19.00 | β | β | -14.6% | 19.4% | 18.8% |
| Mar 2021 | βΉ294.00 Cr | β | βΉ-16.00 | β | β | -32.5% | 22.5% | 0.0% |
| Mar 2020 | βΉ240.00 Cr | β | βΉ-16.00 | β | β | -24.6% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2025 |
|---|---|
| Revenue / Net Sales | 1,059 |
| Total Expenses | 443 |
| EBIT / Operating Profit | 617 |
| OPM % | 58% |
| Other Income | 44 |
| Finance Costs | 330 |
| Depreciation & Amortisation | 487 |
| Profit Before Tax | -157 |
| Tax % | -11% |
| Net Profit / PAT | -140 |
| EPS (βΉ) | - |
| Dividend Payout % | 0% |
Peer Comparison
Construction & Real Estate sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| INDIQUBE SPACES LIMITEDthis co. | βΉ4.31 K Cr | βΉ1.06 K Cr | 0.00 | 7.79 | 27.61 | 27.4% |
| DLF LIMITED | βΉ1.62 L Cr | βΉ4.48 K Cr | 71.80 | 5.57 | 85.69 | 38.2% |
| Lodha Developers Limited | βΉ1.07 L Cr | βΉ13.31 K Cr | 47.00 | 5.32 | 45.12 | 40.7% |
| The Phoenix Mills Ltd. | βΉ67.72 K Cr | βΉ486.00 Cr | 238.00 | 12.55 | 162.71 | 4.3% |
| Prestige Estates Projects Limited | βΉ65.45 K Cr | βΉ2.87 K Cr | 639.00 | 5.54 | 62.98 | 8.4% |
| OBEROI REALTY LIMITED | βΉ60.20 K Cr | βΉ4.37 K Cr | 34.00 | 3.96 | 28.02 | 32.4% |
| Godrej Properties Limited | βΉ56.59 K Cr | βΉ1.95 K Cr | 148.00 | 3.23 | 55.48 | 46.5% |
| Industry Average | β | βΉ1.57 K Cr | 107.92 | 4.84 | 64.14 | 54.8% |