Stylework Reports Second Consecutive Year of Profitability With Rs 50.20 Crore Revenue
Gurugram, October 30, 2026: Technology-led workspace platform Stylework has reported revenue of Rs 50.20 crore and an EBITDA margin expansion from 4 percent to 8 percent for the financial year ended March 31, 2026, according to a press release issued by the company.
The company posted a profit after tax (PAT) of Rs 2 crore, maintaining positive EBITDA across all four quarters of FY2025–26. Stylework reached an annualized gross merchandise value (GMV) exceeding Rs 350 crore, marking its 10th year of operations with a shift from workspace discovery to building an asset-light workplace infrastructure platform.
Stylework’s network encompasses more than 800 workspace brands and 6,000 workspaces across over 125 cities, linking enterprise demand with workspace operators and managed-office providers. The platform reports a 74 percent customer retention rate and a lifetime value-to-customer acquisition cost ratio of 5.6x. The performance comes as corporate demand shifts toward integrated workplace solutions for enterprises, Global Capability Centres (GCCs), and multi-city operations.
To date, Stylework has raised Rs 19.5 crore in pre-Series B funding. Its investor base includes Equentis, Kaygee Investments, Cogniphy, Money Vyapaar, Auxano, LVX Ventures, Inflection Point Ventures, Capri Global Holdings, QI Ventures (SCIF), BizDateUp, Ah Ventures, and We Founder Circle (WeFC). The company plans to expand its AI-based smart contracting and portfolio management capabilities while maintaining its asset-light model.
Commenting on the results, Sparsh Khandelwal, Founder and CEO, Stylework, said, “As we complete a decade of operations, our focus has been on building a business that can scale without the capital intensity traditionally associated with real estate. Achieving profitability while expanding our enterprise network reinforces our belief that technology, a broad workspace ecosystem and stronger contracting relationships can create a more efficient model for the market.”
