Company Overview
IndiQube Spaces Limited engages in the business of leasing of network of shared workspaces of fully or partly equipped premises and other related activities. The company also provides IndiQube Grow offers smart workplaces; DesignQube, a personalized workplace; IndiQare, an all-in-one solution that streamlines operations; MiQube maximizes efficiency in workspace management; and IndiQubeEco, an ecofriendly workspace. The company was founded in 2015 and is based in Bengaluru, India.
Why Investors Should Care
Net profit has compounded at 15.4% per year over the last five years.
Revenue has grown at a 35.8% CAGR over the past five years.
Operating margin of 16.7% supports profitability.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹1,450.81 Cr (+37.0% YoY); net profit ₹-106.34 Cr.
- Trailing 12 Months Year-on-year growth — revenue +36.7%.
- 5-Year Trend Long-term compounding — revenue CAGR 35.8%, profit CAGR 15.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 35.77% |
| 1 Year: | 36.70% |
Compounded Profit Growth
| 5 Years: | 15.44% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -22.77% |
| 6 Months: | +0.91% |
| 3 Months: | -2.06% |
| 1 Month: | -12.79% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)24.77 · Oversold
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 35.8% over 5 years.
- Profit CAGR of 15.4% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading 29.3% below its 52-week high.
- RSI at 25 suggests oversold conditions.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | INDIQUBE IndiQube Spaces Limited NSE | 168.19 | -37.46 | ₹3,565.59 Cr | 0.00% | 5.51% | -20.66% | 35.77% | 15.44% |
| 2 | DLF DLF Limited NSE | 664.00 | 36.97 | ₹1.64 L Cr | 1.22% | 6.32% | 10.10% | 11.32% | 29.44% |
| 3 | LODHA Lodha Developers Limited NSE | 1,015.00 | 24.64 | ₹1.01 L Cr | 0.40% | 18.24% | 14.72% | 20.40% | 91.69% |
| 4 | PHOENIXLTD The Phoenix Mills Limited NIFTY_MIDNSE | 1,874.40 | 52.21 | ₹67,043.14 Cr | 0.14% | 11.84% | 11.14% | 19.36% | -2.86% |
| 5 | PRESTIGE Prestige Estates Projects Limited NIFTY_MIDNSE | 1,445.00 | 54.63 | ₹62,240.52 Cr | 0.14% | 12.48% | 7.75% | 15.15% | 8.28% |
| 6 | OBEROIRLTY Oberoi Realty Limited NIFTY_MIDNSE | 1,647.40 | 22.78 | ₹59,899.83 Cr | 0.46% | 16.71% | 13.99% | 12.92% | 9.60% |
| 7 | GODREJPROP Godrej Properties Limited NIFTY_MIDNSE | 1,564.30 | 29.44 | ₹47,120.86 Cr | 0.65% | 11.14% | 9.66% | 32.38% | 47.94% |
| 8 | BRIGADE Brigade Enterprises Limited NIFTY_SMALLNSE | 570.20 | 26.78 | ₹18,597.78 Cr | 0.37% | 9.78% | 9.45% | 18.55% | 30.28% |
| 9 | ANANTRAJ Anant Raj Limited NIFTY_SMALLNSE | 481.65 | 29.19 | ₹17,333.47 Cr | 0.16% | 10.39% | 9.62% | 37.94% | 54.47% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 267.89 Cr | 296.94 Cr | 350.14 Cr | 389.94 Cr | 401.45 Cr |
| Cost of Revenue | 10.96 Cr | 16.93 Cr | 26.04 Cr | 33.43 Cr | 26.10 Cr |
| Gross Profit | 256.93 Cr | 280.01 Cr | 324.10 Cr | 356.50 Cr | 375.35 Cr |
| Operating Expenses | 216.04 Cr | 240.43 Cr | 272.45 Cr | 288.43 Cr | 304.31 Cr |
| Operating Income | 40.89 Cr | 39.58 Cr | 51.65 Cr | 68.08 Cr | 71.04 Cr |
| EBITDA | 170.34 Cr | 180.15 Cr | 224.34 Cr | 258.42 Cr | 272.33 Cr |
| Interest Expense | 86.27 Cr | 91.14 Cr | 106.79 Cr | 112.33 Cr | 119.20 Cr |
| Pretax Income | -32.79 Cr | -41.38 Cr | -38.69 Cr | -23.10 Cr | -23.89 Cr |
| Tax Provision | -19.07 Cr | -10.05 Cr | -8.82 Cr | -6.03 Cr | -1.24 Cr |
| Net Income | -13.72 Cr | -31.33 Cr | -29.87 Cr | -17.07 Cr | -22.65 Cr |
| Diluted EPS | -0.65 | -1.49 | -1.48 | -0.81 | -1.07 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 579.74 Cr | 830.57 Cr | 1,059.29 Cr | 1,450.81 Cr |
| Cost of Revenue | - | 65.22 Cr | 90.43 Cr | 127.78 Cr | 198.75 Cr |
| Gross Profit | - | 514.52 Cr | 740.14 Cr | 931.50 Cr | 1,252.07 Cr |
| Operating Expenses | - | 463.73 Cr | 630.85 Cr | 800.39 Cr | 1,012.28 Cr |
| Operating Income | - | 50.79 Cr | 109.30 Cr | 131.11 Cr | 239.78 Cr |
| EBITDA | - | 257.19 Cr | 261.00 Cr | 654.88 Cr | 948.72 Cr |
| Interest Expense | - | 186.97 Cr | 253.57 Cr | 325.04 Cr | 438.94 Cr |
| Pretax Income | - | -227.93 Cr | -384.82 Cr | -157.30 Cr | -135.65 Cr |
| Tax Provision | - | -29.82 Cr | -43.31 Cr | -17.69 Cr | -29.30 Cr |
| Net Income | - | -198.11 Cr | -341.51 Cr | -139.62 Cr | -106.34 Cr |
| Diluted EPS | - | -9.43 | -16.26 | -6.65 | -5.28 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 2,969.32 Cr | 3,667.91 Cr | 4,685.12 Cr | 6,511.40 Cr |
| Current Assets | - | 109.99 Cr | 167.25 Cr | 210.09 Cr | 620.35 Cr |
| Cash & Equivalents | - | 10.44 Cr | 37.10 L | 5.94 Cr | 72.26 Cr |
| Inventory | - | - | - | 0 | 69.20 L |
| Receivables | - | 33.21 Cr | 59.29 Cr | 78.75 Cr | 112.56 Cr |
| Total Liabilities | - | 3,277.42 Cr | 3,537.28 Cr | 4,688.23 Cr | 5,996.65 Cr |
| Current Liabilities | - | 428.05 Cr | 621.22 Cr | 807.62 Cr | 1,002.47 Cr |
| Long Term Debt | - | 573.95 Cr | 100.14 Cr | 222.47 Cr | 169.32 Cr |
| Total Debt | - | 2,925.81 Cr | 3,048.61 Cr | 4,087.78 Cr | 5,207.09 Cr |
| Total Equity | - | -308.10 Cr | 130.63 Cr | -3.11 Cr | 514.75 Cr |
| Shares Outstanding | - | 21.00 Cr | 21.00 Cr | 21.00 Cr | 21.20 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 323.89 Cr | 542.18 Cr | 611.65 Cr | 920.38 Cr |
| Investing Cash Flow | - | -173.68 Cr | -192.69 Cr | -258.96 Cr | -736.75 Cr |
| Financing Cash Flow | - | -149.28 Cr | -364.78 Cr | -337.49 Cr | -178.12 Cr |
| Capital Expenditure | - | -171.95 Cr | -189.81 Cr | -257.61 Cr | -426.87 Cr |
| Free Cash Flow | - | 151.94 Cr | 352.37 Cr | 354.04 Cr | 493.51 Cr |
| Net Change in Cash | - | 92.70 L | -15.30 Cr | 15.21 Cr | 5.52 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 88.8% | 89.1% | 87.9% | 86.3% |
| Operating Margin % | - | 8.8% | 13.2% | 12.4% | 16.5% |
| Net Margin % | - | -34.2% | -41.1% | -13.2% | -7.3% |
| ROE % | - | 64.3% | -261.4% | 4,487.8% | -20.7% |
| ROCE % | - | 2.0% | 3.6% | 3.4% | 4.4% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for INDIQUBE
IndiQube Spaces (NSEI:INDIQUBE) - Stock Analysis - Simply Wall Street
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INDIQUBE Forecast — Price Target — Prediction for 2027 - TradingView
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IndiQube to invest Rs 35 Cr in SaiEdge Realty for 49% stake - Entrackr
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IndiQube Posts Rs 428 Cr Revenue, Q1 Net Loss Narrows 35% - BW Disrupt
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INDIQUBE — Frequently Asked Questions
What is the current share price of IndiQube Spaces Limited (INDIQUBE)?
As of 2026-10-23 04:58 IST, IndiQube Spaces Limited (INDIQUBE) trades at ₹168.19 on NSE. Its 52-week range is ₹133.55 to ₹237.92.
What is the market capitalisation of INDIQUBE?
IndiQube Spaces Limited (INDIQUBE) has a market capitalisation of ₹3,565.59 Cr on NSE.
What is the P/E ratio of INDIQUBE?
INDIQUBE trades at a trailing price-to-earnings (P/E) ratio of -37.46. The industry average P/E is 21.12. Its price-to-book (P/B) ratio is 8.01.
What is the return on equity (ROE) of INDIQUBE?
INDIQUBE has a return on equity (ROE) of -20.66%. Its return on capital employed (ROCE) is 5.51%.
Is INDIQUBE a good stock to buy?
This page provides a data-driven analysis of IndiQube Spaces Limited (INDIQUBE), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.