INDIQUBE vs SMARTWORKS: Stock Comparison

INDIQUBE SPACES vs SMARTWORKS COWORKING SP LUpdated 15 Sept 26, 1:57 PM ISTNSE & company filings

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 4; SMARTWORKS leads 7 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

INDIQUBESMARTWORKS

Valuation lens

What price are you paying?

Market CapContext only
₹4,207 Cr
₹6,021 Cr
P/E RatioINDIQUBE has the lower reading
0x
217.21x
P/B RatioINDIQUBE has the lower reading
8.31x
11.41x
EPSSMARTWORKS has the higher reading
₹-1.13
₹1.15
Book ValueContext only
₹24.28
₹46.44
Dividend YieldSame reading
0%
0%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
SMARTWORKS is the larger company
₹6,021 Cr vs ₹4,207 Cr
P/E Ratio
INDIQUBE has a lower P/E
0x vs 217.21x
P/B Ratio
INDIQUBE has a lower P/B
8.31x vs 11.41x
EPS
SMARTWORKS has higher earnings per share
₹1.15 vs ₹-1.13
Revenue Growth (TTM YoY)
SMARTWORKS has faster revenue growth
45% vs 35.2%
Qtr Sales Growth
SMARTWORKS has stronger quarterly sales growth
3.51% vs -70.87%
Qtr Profit Growth
INDIQUBE has stronger quarterly profit growth
77.54% vs 27.95%
ROE
SMARTWORKS has a higher ROE
1.98% vs -20.66%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricINDIQUBESMARTWORKS
SectorServicesServices
IndustryDiversified Commercial ServicesDiversified Commercial Services

Price

MetricINDIQUBESMARTWORKS
Live Price₹199.25₹526.25
Day Change-1.78%-0.85%
Volume11,76024,825
52-Week High₹243.8₹619
52-Week Low₹131.15₹361.5
Distance from 52W High-18.27%-14.98%

Valuation

MetricINDIQUBESMARTWORKS
Market Cap₹4,207 Cr₹6,021 Cr
P/E Ratio0x217.21x
P/B Ratio8.31x11.41x
EPS₹-1.13₹1.15
Book Value₹24.28₹46.44
Dividend Yield0%0%

Growth

MetricINDIQUBESMARTWORKS
Revenue Growth (TTM YoY)35.2%45%
EPS Growth (TTM YoY)0%0%
Qtr Sales Growth-70.87%3.51%
Qtr Profit Growth77.54%27.95%

Profitability & Leverage

MetricINDIQUBESMARTWORKS
ROE-20.66%1.98%
ROCE42.68%43.7%
Net Margin-7.02%-5.67%
Operating Margin21.55%21.16%
Debt to Equity0.56x0.39x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricINDIQUBESMARTWORKS
Promoter Holding60.11% 0.01 pp58.32%
FII Holding2.16% 0.02 pp0.28% 0.13 pp
DII Holding14.35% 0.35 pp8.92% 0.14 pp
Public Holding23.38% 0.35 pp32.48% 0.02 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.

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.