Indiqube Spaces Ltd (INDIQUBE) — shareholding pattern, promoter holding, financials and share price
About Indiqube Spaces Ltd (INDIQUBE)
Indiqube Spaces Ltd operates in the Diversified Commercial Services industry, within the Services sector. It trades on the NSE as INDIQUBE and on the BSE under scrip code 544454. Its ISIN is INE06ST01018.
Incorporated in 2015, IndiQube Spaces Ltd provides workplace solutions to its clients. [1]
IndiQube Spaces Limited is a managed workplace company that leases and operates integrated plug‑and‑play workspaces, design‑and‑build services, facility management, and a technology stack (MiQube) across a pan‑India portfolio focused on enterprise and Global Capability Center clients.
Q3 FY26 delivered record quarterly revenue of ₹395 Crores and 9M FY26 revenues of ₹1,063 Crores, driven by recurring annuity revenue (94% recurring) and a VAS contribution rising to 13%, with PAT for 9M at ₹95 Crores and EBITDA margins improving to 21% in Q3.
Listed peers in Diversified Commercial Services: CMS Info Systems Ltd, Quess Corp Ltd, Sanghvi Movers Ltd, Hemisphere Properties India Ltd, EFC (I) Ltd, Team Lease Services Ltd.
Valuation & Returns
10 Jul 2026At ₹177.4 a share on 10 Jul 2026, Indiqube Spaces Ltd (INDIQUBE) was valued at a price-to-book of 7.33x on a book value of ₹-0.48 per share as of Mar 2025. Solomo computes return on equity of -20.66% and return on capital employed of 7.65% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- Industry P/E
- 21.24x
- P/B
- 7.33x
- EPS (TTM)
- ₹-5.02
- Book value / share
- ₹-0.48
- ROE
- -20.66%
- ROCE
- 7.65%
- ROA
- -2.27%
- Debt / equity
- 10.12x
- Dividend yield
- 0%
- EBITDA margin
- 66.03%
- 52-week range
- ₹130.8 – ₹243.8
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Indiqube Spaces Ltd (INDIQUBE) reported revenue of ₹1,451 crore, net profit of ₹-106 crore and earnings per share of ₹-5.02. That compares with revenue of ₹1,059 crore and net profit of ₹-140 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹401 crore and net profit ₹-23 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 344 | 580 | 831 | 1,059 | 1,451 |
| Net profit (₹ cr) | -188 | -198 | -342 | -140 | -106 |
| EPS (₹) | - | - | - | - | -5.02 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 34.61% | 44.45% | 36.96% |
| Profit growth | - | - | 23.84% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 60.11% of Indiqube Spaces Ltd (INDIQUBE) (up 0.01 pp QoQ), foreign institutional investors (FII) hold 2.16% and domestic institutional investors (DII) hold 14.35%. Market capitalisation was ₹3,761 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2025.
Largest disclosed public shareholders in Jun 2026: ARAVALI INVESTMENT HOLDINGS 19.14%, WESTBRIDGE AIF I 4.83%, INVESCO INDIA ELSS TAX SAVER FUND 1.76%, BANDHAN LARGE & MID CAP FUND 1.75%, ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE VALUE FUND 1.63%, ICICI PRUDENTIAL SMALLCAP FUND 1.32%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 60.11% | - | 2.16% | 14.35% | 39.89% |
| Mar 2026 | 60.1% | - | 2.18% | 14.7% | 39.9% |
| Dec 2025 | 60.04% | - | 2.3% | 14.67% | 39.96% |
| Sep 2025 | 60.6% | - | 2.67% | 14.38% | 39.4% |