AWFIS2024-01-012024-03-31 AWFIS2024-01-012024-03-31 AWFIS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member AWFIS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member AWFIS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses03Member AWFIS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses04Member AWFIS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses05Member AWFIS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses06Member AWFIS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses07Member AWFIS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses08Member AWFIS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses09Member AWFIS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses10Member AWFIS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member AWFIS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member AWFIS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses03Member AWFIS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses04Member AWFIS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses05Member AWFIS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses06Member AWFIS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses07Member AWFIS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses08Member AWFIS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses09Member AWFIS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses10Member AWFIS2024-03-31 AWFIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member AWFIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member AWFIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member AWFIS2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member AWFIS2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member AWFIS2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member AWFIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member AWFIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member AWFIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member AWFIS2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member AWFIS2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member AWFIS2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member AWFIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member AWFIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member AWFIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member AWFIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member AWFIS2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member AWFIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member AWFIS2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member AWFIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member AWFIS2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 544181 AWFIS NotListed Awfis Space Solutions Limited Equity 2023-04-01 2024-03-31 2024-06-19 2024-06-13 INR Millions Yearly 15:42:00 16:15:00 2024-06-19 2024-06-19 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Consolidated 2323200000.00 87890000.00 2411090000.00 466170000.00 68030000.00 270000.00 364160000.00 238090000.00 507110000.00 753512000.00 2397342000.00 13748000.00 0.00 13748000.00 0.00 0.00 0.00 0.00 13748000.00 0.00 0.00 0.00 0.00 13748000.00 72000.00 13820000.00 13749000.00 0.00 72000.00 0.00 193270000.00 10 0.21 0.20 0.00 0.00 0.21 0.20 0.00 0.01 0.03 Explanatory notes to the Statement of Audited Consolidated Financial Results for the quarter and year ended March 31, 2024: 1. The above audited consolidated financial results of the holding company have been prepared in accordance with the Indian Accounting Standards (“Ind AS”) as prescribed under Section 133 of the Companies Act 2013, as amended, read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 (“the Regulations”). 2. These consolidated financial results have been reviewed by the audit committee at its meeting held on June 19, 2024 and have been approved by the Board of Directors at its meeting held on June 19, 2024. 3. a) The figures for the quarter ended March 31, 2024 are the balancing figures between the audited figures in respect of the full financial year ended March 31, 2024 and audited figures in respect of nine months ended December 31, 2023. b) The figures for the quarter ended March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year ended March 31, 2023 and unaudited figures in respect of nine months ended December 31, 2022 as approved by the board of directors However, the management has exercised necessary due diligence to ensure that the financial results for these period provide a true and fair view of Company’s affairs. c) The figures for the quarter ended December 31, 2023 are the balancing figures between the audited figures in respect of the year to date figures up to December 31, 2023, and the unaudited year-to-date figures up to September 30, 2023 as approved by the board of directors. However, the management has exercised necessary due diligence to ensure that the financial results for these period provide a true and fair view of Company’s affairs. 4. Subsequent to the year ended March 31, 2024, the Company has completed its Initial Public Offer (IPO) of 15,637,736 equity shares of face value INR 10 each at an issue price of INR 383 per share. The issue comprised of 21.37% fresh issue aggregating to INR 1,280 million and 78.63% offer for sale aggregating to INR 4,709.3 million. Pursuant to the IPO, the equity shares of the Holding Company were listed on National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange of India Limited (BSE) on May 30, 2024. 5. On April 25, 2024, the Company has allotted 37,486,081 equity shares having face value of Rs. 10 each pursuant to conversion of 37,486,081 Class B to F1, 0.0001% compulsory convertible cumulative preference shares (CCCPS) in the conversion ratio of 1:1. 6. On April 25, 2024, the Company has allotted 9,262,750 equity shares having face value of Rs. 10 each pursuant to conversion of 150,705 Class D, D1 and D2 0.001% compulsory convertible debentures (CCD) in the conversion ratio of 1:61.4628. 7. The results for the quarter and year ended March 31, 2024 are available on the Bombay Stock Exchange of India Limited website (URL: https://www.bseindia.com/corporates), the National Stock Exchange of India Limited website (URL: https://www.nseindia.com/corporates) and on the Company’s website (URL: https://www.awfis.com/investor-relations) Multi segment 2023-04-01 2024-03-31 Audited Consolidated 8488190000.00 259840000.00 8748030000.00 1709090000.00 246830000.00 2360000.00 1356140000.00 929670000.00 1959940000.00 2719668000.00 8923698000.00 -175668000.00 0.00 -175668000.00 0.00 0.00 0.00 0.00 -175668000.00 0.00 0.00 0.00 0.00 -175668000.00 -3050000.00 -178718000.00 -175668000.00 0.00 -3050000.00 0.00 193270000.00 10 -2614920000.00 -2.79 -2.79 0.00 0.00 -2.79 -2.79 0.00 0.01 0.03 Brokerage expenses 31707000.00 Common area maintenance 95518000.00 Communication expenses 34097000.00 Electricity expenses 140725000.00 Legal and professional expenses 41123000.00 Other Expenses 83378000.00 Rent 250372000.00 Repair and maintenance 25716000.00 Security and housekeeping charges 29020000.00 Travelling and conveyance expenses 21856000.00 Brokerage expenses 134320000.00 Common area maintenance 334610000.00 Communication expenses 120360000.00 Electricity expenses 537490000.00 Legal and professional expenses 181250000.00 Other Expenses 308928000.00 Rent 845820000.00 Repair and maintenance 83670000.00 Security and housekeeping charges 88290000.00 Travelling and conveyance expenses 84930000.00 0.00 9141440000.00 82300000.00 0.00 0.00 17720000.00 4620000.00 0.00 0.00 0.00 0.00 0.00 1559930000.00 1559930000.00 0.00 204810000.00 11010820000.00 1590000.00 0.00 1164180000.00 44350000.00 4440000.00 0.00 1008590000.00 2221560000.00 0.00 746820000.00 2969970000.00 0.00 0.00 13980790000.00 193270000.00 2321040000.00 2514310000.00 2514310000.00 232680000.00 0.00 6361460000.00 6594140000.00 23930000.00 0.00 0.00 280420000.00 6898490000.00 89060000.00 1309530000.00 2588730000.00 3987320000.00 541750000.00 38920000.00 0.00 0.00 4567990000.00 0.00 0.00 11466480000.00 13980790000.00 Explanatory notes to the Statement of Audited Consolidated Financial Results for the quarter and year ended March 31, 2024: 1. The above audited consolidated financial results of the holding company have been prepared in accordance with the Indian Accounting Standards (“Ind AS”) as prescribed under Section 133 of the Companies Act 2013, as amended, read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 (“the Regulations”). 2. These consolidated financial results have been reviewed by the audit committee at its meeting held on June 19, 2024 and have been approved by the Board of Directors at its meeting held on June 19, 2024. 3. a) The figures for the quarter ended March 31, 2024 are the balancing figures between the audited figures in respect of the full financial year ended March 31, 2024 and audited figures in respect of nine months ended December 31, 2023. b) The figures for the quarter ended March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year ended March 31, 2023 and unaudited figures in respect of nine months ended December 31, 2022 as approved by the board of directors However, the management has exercised necessary due diligence to ensure that the financial results for these period provide a true and fair view of Company’s affairs. c) The figures for the quarter ended December 31, 2023 are the balancing figures between the audited figures in respect of the year to date figures up to December 31, 2023, and the unaudited year-to-date figures up to September 30, 2023 as approved by the board of directors. However, the management has exercised necessary due diligence to ensure that the financial results for these period provide a true and fair view of Company’s affairs. 4. Subsequent to the year ended March 31, 2024, the Company has completed its Initial Public Offer (IPO) of 15,637,736 equity shares of face value INR 10 each at an issue price of INR 383 per share. The issue comprised of 21.37% fresh issue aggregating to INR 1,280 million and 78.63% offer for sale aggregating to INR 4,709.3 million. Pursuant to the IPO, the equity shares of the Holding Company were listed on National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange of India Limited (BSE) on May 30, 2024. 5. On April 25, 2024, the Company has allotted 37,486,081 equity shares having face value of Rs. 10 each pursuant to conversion of 37,486,081 Class B to F1, 0.0001% compulsory convertible cumulative preference shares (CCCPS) in the conversion ratio of 1:1. 6. On April 25, 2024, the Company has allotted 9,262,750 equity shares having face value of Rs. 10 each pursuant to conversion of 150,705 Class D, D1 and D2 0.001% compulsory convertible debentures (CCD) in the conversion ratio of 1:61.4628. 7. The results for the quarter and year ended March 31, 2024 are available on the Bombay Stock Exchange of India Limited website (URL: https://www.bseindia.com/corporates), the National Stock Exchange of India Limited website (URL: https://www.nseindia.com/corporates) and on the Company’s website (URL: https://www.awfis.com/investor-relations) Co-working space on rent and allied services 1678153000.00 Construction and fit-out projects 576236000.00 Others 68808000.00 Co-working space on rent and allied services 6189250000.00 Construction and fit-out projects 2049180000.00 Others 249760000.00 2323197000.00 8488190000.00 0.00 0.00 2323197000.00 8488190000.00 Co-working space on rent and allied services 55580000.00 Construction and fit-out projects -24202000.00 Others -9076000.00 Co-working space on rent and allied services 49620000.00 Construction and fit-out projects -94052000.00 Others -70806000.00 22302000.00 -115238000.00 9385000.00 41350000.00 -840000.00 19000000.00 13757000.00 -175588000.00 Co-working space on rent and allied services 11795660000.00 Construction and fit-out projects 822430000.00 Others 52560000.00 12670650000.00 1310140000.00 13980790000.00 Co-working space on rent and allied services 10298820000.00 Construction and fit-out projects 691320000.00 Others 50970000.00 11041110000.00 425370000.00 11466480000.00 0.00 2356000.00 -280677000.00 0.00 -458540000.00 -22590000.00 -251610000.00 -499690000.00 0.00 621290000.00 0.00 231160000.00 64000000.00 1959940000.00 0.00 25000000.00 0.00 599600000.00 -101810000.00 0.00 0.00 0.00 91128000.00 0.00 0.00 0.00 0.00 16840000.00 0.00 1996397000.00 1820729000.00 0.00 -917620000.00 -237000000.00 217402000.00 0.00 2283947000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1439428000.00 0.00 0.00 0.00 1389000.00 0.00 0.00 0.00 9820000.00 0.00 0.00 0.00 0.00 0.00 5000000.00 0.00 0.00 0.00 38610000.00 0.00 -213420000.00 0.00 -1620447000.00 0.00 0.00 842940000.00 2543700000.00 2177310000.00 322660000.00 0.00 0.00 349810000.00 108780000.00 0.00 938240000.00 0.00 834750000.00 0.00 0.00 -645290000.00 18210000.00 0.00 18210000.00 26140000.00 44350000.00 72000.00 -3050000.00 0.00 0.00 0.00 0.00