Synopsis:
AWFIS Space Solutions came into focus after a major bulk deal, in which VBAP holding private ltd has sold 1.07% stake in the company.
A fast-growing company in the flexible workspace sector is in the spotlight today after large bulk deal transactions were completed on the stock exchanges on July 30. These variations show how the market and investors felt about the significant buying and selling that took place during that time.
With a market capitalization of Rs. 4,242 crore AWFIS Space Solutions Ltd is trading at Rs. 595, up by 0.56 percent from its previous close of Rs. 592.05. The stock touched an intraday high of Rs. 604.75 in today’s trading session gaining 2.15 percent from previous close.
What’s the deal?
As per the latest bulk deal on NSE, VBAP Holdings Private Ltd, has sold 7.6 lakh shares of AWFIS Space Solutions Ltd worth ~Rs. 45.23 crore at an average price of Rs. 595.13. This transaction represents a 1.07 percent stake in the company.
About the company
The largest and fastest-growing end-to-end workspace solutions platform in India, Awfis serves over 3,000 clients with Rs. 1,200 crore in revenue by providing flexible, high-quality workspaces in 18 cities through more than 200 centers.
The company was founded in 2014 and offers a variety of workspace solutions to large corporations, SMEs, and startups. Awfis creates smooth, community-driven workspace experiences with an emphasis on cutting-edge design, operational excellence, and sustainable practices.
The company’s revenue for FY2024–2025 increased by 42.28 percent year over year from Rs. 849 crore to Rs. 1,208 crore. Whereas, net profit saw a turnaround from a loss of 18 crore to profit of Rs. 68 crore.
At the movement company is trading at a price-to-earnings (P/E) ratio of 98.4x which is higher than industry P/E of 27.1x. A return on equity (ROE) of about 23.6 percent and a return on capital employed (ROCE) of about 12.6 percent demonstrate the company’s financial position. The debt-to-equity ratio of the company stands at 3.08.
Written by Akshay Sanghavi
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