INDIQUBE vs SMARTWORKS: Stock Comparison
SMARTWORKS COWORKING SP L is the larger company by market capitalisation. INDIQUBE SPACES shows a lower P/E, while SMARTWORKS COWORKING SP L shows a higher ROE, faster revenue growth and lower leverage. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
INDIQUBE leads 3; SMARTWORKS leads 8 of 13
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | INDIQUBE | SMARTWORKS |
|---|---|---|
| Sector | Services | Services |
| Industry | Diversified Commercial Services | Diversified Commercial Services |
Price
| Metric | INDIQUBE | SMARTWORKS |
|---|---|---|
| Live Price | ₹184.32 | ₹515.85 |
| Day Change | 2.39% | 4.91% |
| Volume | 17,056 | 2.18 L |
| 52-Week High | ₹232.01 | ₹613 |
| 52-Week Low | ₹131.15 | ₹361.5 |
| Distance from 52W High | -20.56% | -15.85% |
Valuation
| Metric | INDIQUBE | SMARTWORKS |
|---|---|---|
| Market Cap | ₹3,979 Cr | ₹5,899 Cr |
| P/E Ratio | 0x | 103.98x |
| P/B Ratio | 8.16x | 10.32x |
| EPS | ₹-1.13 | ₹2.24 |
| Book Value | ₹24.28 | ₹46.4 |
| Dividend Yield | 0% | 0% |
Growth
| Metric | INDIQUBE | SMARTWORKS |
|---|---|---|
| Revenue Growth (TTM YoY) | 35.2% | 45% |
| EPS Growth (TTM YoY) | 0% | 0% |
| Qtr Sales Growth | 0% | 8.26% |
| Qtr Profit Growth | 0% | 95.02% |
Profitability & Leverage
| Metric | INDIQUBE | SMARTWORKS |
|---|---|---|
| ROE | -20.66% | 1.98% |
| ROCE | 42.68% | 44.45% |
| Net Margin | -7.02% | -5.67% |
| Operating Margin | 21.55% | 21.16% |
| Debt to Equity | 0.56x | 0.39x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | INDIQUBE | SMARTWORKS |
|---|---|---|
| Promoter Holding | 60.12%▲ 0.01 pp | 58.26%▼ 0.06 pp |
| FII Holding | 1.89%▼ 0.27 pp | 0.35%▲ 0.07 pp |
| DII Holding | 13.86%▼ 0.49 pp | 9.08%▲ 0.16 pp |
| Public Holding | 24.14%▲ 0.76 pp | 32.3%▼ 0.18 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: INDIQUBE SPACES and SMARTWORKS COWORKING SP L.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

