Wework India Management Ltd. benchmarking: Perfomance to industry peers

Financial

	Wework India Managem	Awfis Space Solution	Smartworks Coworking
Operational Metrics
Hotels
Occupancy Rate	80.2 %	74.0 %	81.0 %
Real Estate
Leasable Area	10.0 Mn Sqft	8.0 Mn Sqft	10.3 Mn Sqft
Revenue Per Occupied Seat - Quarterly	62986.64 Rs	30720.16 Rs	25285.71 Rs
Operational Seats	114500.0 Nos	161000.0 Nos	235000.0 Nos
Weighted Average Tenure	27.0 Nos	36.0 Nos	n/a
Unclassified
EBITDA per Occupied Seat - Quarterly	12947.98 Rs	4364.61 Rs	4142.86 Rs
Renewal Rate For Seats	78.0 %	n/a	n/a
Financials
5 yr Average ROE	140.08 %	-21.68 %	-135.22 %
5yr average Equity Multiplier	-6.37	5.16	71.49
5yr Average Asset Turnover Ratio	0.31	0.5	0.21
5yr Avg Net Profit Margin	-23.67 %	-10.23 %	-10.75 %
Price to Book	39.27	7.59	10.52
P/E	61.87	72.27	0.0
5yr Avg Cash Conversion Cycle	-8285.26 Days	-2016.96 Days	5.26 Days
Inventory Days	0.04 Days	0.28 Days	0.0
Days Receivable	15.29 Days	29.55 Days	5.26 Days
Days Payable	2075.16 Days	3206.08 Days	0.0
5yr Average Interest Coverage Ratio	0.37	0.52	0.55
5yr Avg ROCE	6.24 %	4.13 %	5.07 %
5yr Avg Operating Profit Margin	59.62 %	29.42 %	60.67 %
5 yr average Debt to Equity	-0.86	0.08	7.7
5yr CAGR Net Profit	n/a	n/a	-2.0 %
5yr Average Return on Assets	-5.01 %	-4.43 %	-1.86 %
Shareholdings
Promoter Holding	49.8 %	17.01 %	58.18 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-21.42 %	-11.55 %	-0.06 %
Change in Mutual Fund Holding (3 Yrs)	13.17 %	27.26 %	1.38 %

	Wework India Managem	Awfis Space Solution	Smartworks Coworking
Product Wise Break-Up	Product Wise Break-Up Membership 90.1 Service and Ancillary 9.71 Sale of products 0.18 Facility Management Services 0 0 Rental income 0 Software fees 0 Ancillary services 0 Design and fitout service 0 Lease rentals 0 Others 0.01	Product Wise Break-Up Membership 0 Rental income 67.68 Service and Ancillary 0 Facility Management Services 1.09 Design and fitout service 0 Sale of products 0 Ancillary services 0 Lease rentals 0 Construction Income and Fit-Out projects 23.04 Software fees 0 Others 8.19	Product Wise Break-Up Membership 0 Rental income 0 Service and Ancillary 0 Facility Management Services 0 Design and fitout service 2.53 Sale of products 0 Ancillary services 3.56 Lease rentals 93.83 0 Software fees 0.09
Segment Break-Up	Segment Break-Up Workspace provider & Allied services 100.0 Co-working space on rent 0 Construction and fit-out projects 0	Segment Break-Up Co-working space on rent 81.77 Construction and fit-out projects 18.23 Workspace provider & Allied services 0	-
Location Wise Break-Up	Location Wise Break-Up India 100.0 Telangana 0 Karnataka 0 Maharashtra 0	Location Wise Break-Up Telangana 0 Maharashtra 0 Karnataka 0 India 100.0	Location Wise Break-Up Telangana 11.65 Maharashtra 40.17 Karnataka 23.37 India 0 Others 24.81