IndiQube Reports Record Financial Results for FY26 with ₹1,469 Crore in Revenue
Bengaluru, May 21, 2026: IndiQube Spaces Limited announced its financial results for the fourth quarter and full fiscal year ended March 31, 2026, delivering record-breaking growth across all key financial metrics. The flexible workspace solutions platform reported an annual revenue of ₹1,469 crore, representing a 37% year-on-year increase, alongside a net profit (PAT) of ₹125 crore and ₹304 crore in operating cash flows.
The company maintained a healthy EBITDA margin of 21% while significantly strengthening its financial foundation. This performance was driven by an expansion of its physical infrastructure alongside a growing contribution from value-added services, which now account for 15% of the brand’s total revenue. IndiQube expanded its footprint to encompass 17 cities, 130 properties, and over 9.66 million square feet of office space, adding 28,000 seats during the year while sustaining a steady-state occupancy rate of 88%, it said in a press release.
Commenting on the results Rishi Das, Cofounder & CEO, IndiQube said “FY26 has been a record year for us, not just in terms of scale, but in the quality and resilience of our growth. We delivered total income of ₹1,491 crore, PAT of ₹125 crore, operating cashflows of ₹304 crore and maintained a healthy EBITDA margin of 21%, even as businesses globally navigated geopolitical volatility, macro uncertainty, and the evolving impact of AI on the future of work. What stands out is not only the performance itself, but the consistency with which it was delivered. Revenue grew 37% year on year, while PAT grew by a record 145%, our cashflow from operations improved by 147%, reflecting the strength of our operating model and the discipline embedded in our execution. These results reaffirm our belief that the future of work will be shaped by platforms that combine scale, flexibility, efficiency, and trust.”
Meghna Agarwal, Co-founder, IndiQube, added “FY26 was a year where expansion and discipline moved in tandem. Our footprint now spans 17 cities, 130 properties, and over 9.66 million sq. ft. of office space, strengthening our position as a truly pan India platform with deeper reach into the heart of Bharat. During the year, we added 28,000 seats while sustaining steady state occupancy at 88%, a reflection of both market demand and the depth of our operating focus. Value Added Services contribution grew to 15% of revenue, underscoring the growing relevance of our integrated offering beyond physical workspace. For us, growth is not simply about becoming larger. It is about building a platform that becomes stronger with scale, more valuable to clients over time, and more resilient through changing market environments. FY26 has been an important step in that journey, and it reinforces our conviction in the long-term opportunity ahead.”
