Business Overview
Executive Centre India is engaged in providing premium flexible workspace solutions by leasing office spaces within Grade A buildings and transforming them into fully serviced, design-led work environments. The Company caters to a diverse customer base, including multinational corporations, by offering customized managed office solutions. It operates as an India-based platform with a pan-Asia presence across markets such as India, Singapore, the Middle East, Indonesia, Vietnam, the Philippines and Sri Lanka. As of March 31, 2025, its portfolio comprised 89 operational centres across 14 cities in seven countries. Leveraging its scalable business model and strategic locations, the Company delivers high-quality workspace solutions tailored to evolving enterprise requirements
Objects of Issue
- Investment in subsidiary TEC Abu Dhabi to part-finance the acquisition of TEC SGP & TEC Dubai from promoter TEC Singapore under an internal restructuring.
- General corporate purposes
Executive Centre India IPO IPO Financial Performance
(Rs. in crores)
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue | 1,322.64 | 1,036.62 | 763.39 |
| PAT | -80.61 | -56.32 | -7.36 |
| Net Worth | -2,712.00 | -3,342.79 | -3,344.80 |
| Borrowings | 361.28 | 315.05 | 299.13 |
| Assets | 3,888.83 | 3,049.18 | 2,317.78 |
| NAV (₹) | -78.19 | -96.38 | -96.44 |
| EPS (₹) | -2.32 | -1.62 | -0.21 |
Key Performance Indicators (KPIs)
EBITDA
53.93%
ROAE
18.50%
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Holding
Promoter
100.00%
Public
0.00%
