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Home › Company Intelligence › Indiqube Spaces Limited (INDIQUBE)
NSE: INDIQUBE MID_CAP Diversified AUDITED STATUTORY SOURCE • Data as of FY26 FRESH

Indiqube Spaces Limited

INDIQUBE SPACES LIMITED • ISIN: INE06ST01018 • CIN: N/A
Units: ₹ Crores • Basis: Statutory Filing (Consolidated/Primary) • Reporting Period: FY26 • Source: NSE_XBRL_INDAS • Last Checked: 11 Oct 2026
Corporate Site ↗ Investor Relations ↗
FY26 Revenue ₹1,451 Cr
FY26 Net Profit ₹-106 Cr
Reported EPS ₹-5.28
Operating Margin 60.75%
Return on Equity -20.7%
ROCE 109.5%
Debt / Equity 0.56x
Net Profit Margin -7.33%
WHAT IS HAPPENING NOW • MATERIAL DEVELOPMENTS

Latest Earnings Released (Q2 FY27): Reported quarterly statutory revenue of ₹492.16 Cr with net profit of ₹-5.87 Cr (EPS: ₹-0.28).

Exchange Disclosure (2026-11-03): Press Release —

BUSINESS OVERVIEW & CORPORATE PROFILE

Official listing profile for Indiqube Spaces Limited under Diversified.

Official listing profile for Indiqube Spaces Limited under Diversified.

Key Offerings & Operating Lines:

Commercial & Industrial

Headquarters India
Incorporated N/A
Workforce N/A
Statutory Auditor N/A
Credit Rating N/A
SRK FUNDAMENTAL HEALTH SCORE Fragile (45/100)
45 / 100
Algorithmic 5-pillar assessment calibrated against audited SEBI filings and historical balance sheets.
Pillar Score Breakdown
Revenue & Earnings Growth 10 / 20
Profitability & Margins 0 / 20
Solvency & Capital Structure 8 / 20
Cash Flow Quality 14 / 20
Capital Allocation & Valuation 13 / 20
Key Strengths
  • + Strong YoY revenue expansion (272.1%)
  • + Positive Free Cash Flow after capital expenditures
  • + Superior capital efficiency (ROCE 109.5%)
Key Vigilance Points & Risks
  • − Net losses recorded in latest fiscal year (₹-106.3 Cr)
  • − Operating at a net loss; return metrics negative
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FINANCIAL PERFORMANCE • STATEMENT OF PROFIT & LOSS (IND-AS) Ind-AS Statutory
Multi-Year Revenue & Net Profit Trajectory (₹ Crores • Ind-AS)
₹1k₹1k₹1k₹0k₹0kRevenue: ₹390 CrNet Profit: ₹-17 CrFY25Revenue: ₹1,451 CrNet Profit: ₹-106 CrFY26RevenueNet Profit
Annual Financial Statements (₹ Crores • Ind-AS Normalized) Latest Period End: 31 Mar 2026 • Source: NSE_XBRL_INDAS
Annual Metric (₹ Cr)FY25
Dec 2025
FY26
Mar 2026
Sales / Revenue from Operations₹390₹1,451
Operating Expenditure₹153₹569
Operating Profit (EBITDA)₹237₹881
Operating Profit Margin (OPM %)60.85%60.75%
Other Income₹21₹77
Finance Costs / Interest₹112₹448
Depreciation & Amortization₹169₹645
Profit Before Tax (PBT)₹-23₹-136
Tax Expense₹-6.03₹-29
Net Profit (PAT)₹-17₹-106
Net Profit Margin (NPM %)-4.38%-7.33%
Basic / Diluted EPS (₹)₹-0.81₹-5.28
Cash from Operations (CFO)N/A₹920
Free Cash Flow (FCF)N/A₹507
Recent Quarterly Performance (₹ Crores • SEBI LODR Reg 33)Latest Quarter End: 30 Sep 2026 • Source: NSE_OFFICIAL_API
Quarterly Metric (₹ Cr)Q2 FY26
Sep 2025
Q3 FY26
Dec 2025
Q4 FY26
Mar 2026
Q1 FY27
Jun 2026
Q2 FY27
Sep 2026
Sales / Revenue₹691₹411₹426₹449₹492
Operating Profit (EBITDA)₹-89₹-23₹-24₹-31₹-7.37
OPM %-12.83%-5.62%-5.61%-6.80%-1.50%
Profit Before Tax (PBT)₹-89₹-23₹-24₹-31₹-7.37
Net Profit (PAT)₹-67₹-17₹-23₹-24₹-5.87
NPM %-9.65%-4.15%-5.32%-5.32%-1.19%
Basic / Diluted EPS (₹)₹-3.46₹-0.81₹-1.07₹-238.83₹-0.28
BALANCE SHEET & CASH FLOW INTELLIGENCE (₹ CRORES • AUDITED) Audited Balance Sheet
Annual Balance Sheet Strength (₹ Crores • Schedule III Ind-AS)
Balance Sheet Item (₹ Cr)FY25FY26
Equity Share Capital₹21₹21
Reserves & SurplusN/A₹494
Net Worth (Shareholders' Funds)₹21₹515
Total Borrowings & DebtN/A₹290
Total Balance Sheet AssetsN/A₹6,511
Cash Flow Statement (₹ Crores • Indirect Method)
Cash Flow Item (₹ Cr)FY25FY26
Cash Flow from Operating Activities (CFO)N/A₹920
Cash Flow from Investing Activities (CFI)N/A₹-737
Cash Flow from Financing Activities (CFF)N/A₹-178
Free Cash Flow / Net Cash FlowN/A₹507
PROFITABILITY, RETURN & SOLVENCY RATIOS Derived from Verified Filings
Financial Ratio / Efficiency MetricFY25FY26
Operating Profit Margin (OPM)60.85%60.75%
Net Profit Margin (NPM)-4.38%-7.33%
Return on Equity (ROE)-80.52%-20.66%
Return on Capital Employed (ROCE)420.90%38.84%
Return on Assets (ROA)N/A-1.63%
Debt to Equity RatioN/A0.56x
Interest Coverage Ratio2.1x2.0x
SHAREHOLDING INTELLIGENCE • INSTITUTIONAL FLOWS SEBI LODR Reg 31
HOLDING PATTERN
Promoter: 60.12%
FII: N/A
DII: N/A
Public: 39.88%
Pledged: 0.00%
Quarterly Shareholding Trend & Institutional Inflows
CategorySep 2026Jun 2026Jun 2026Mar 2026Mar 2026Dec 2025QoQ Shift
Promoter Holding60.12%60.11%60.11%60.10%60.10%60.04%+0.01%
Foreign Institutional (FII)N/A2.16%2.16%2.16%N/A2.16%—
Domestic Institutional (DII / MFs)N/A14.35%14.35%14.35%N/A14.35%—
Public & Retail39.88%39.89%23.38%39.90%39.90%39.96%-0.01%
Promoter Pledged Shares0.00%0.00%0.00%0.00%0.00%0.00%—
KEY MANAGEMENT & BOARD GOVERNANCE
KMP
Rishi Das
Key Managerial Personnel - Chairman, Executive Director and Chief Executive Officer

Verified Key Managerial Personnel / Board Member per SEBI Integrated Financial Disclosure.

KMP
Anshuman Das
Key Managerial Personnel - Chairman, Executive Director and Chief Executive Officer

Verified Key Managerial Personnel / Board Member per SEBI Integrated Financial Disclosure.

KMP
Pawan Jaichandbhai Jain
Key Managerial Personnel - Chief Financial Officer

Verified Key Managerial Personnel / Board Member per SEBI Integrated Financial Disclosure.

BOARD
Grub Group
Enterprises owned or significantly influenced by Directors

Verified Key Managerial Personnel / Board Member per SEBI Integrated Financial Disclosure.

KMP
Meghna Agarwal
Key Managerial Personnel - Chief Operating Officer and Executive Director

Verified Key Managerial Personnel / Board Member per SEBI Integrated Financial Disclosure.

KMP
Pranav Ayanath Kuttiyat
Key Managerial Personnel - Company Secretary and Compliance Officer

Verified Key Managerial Personnel / Board Member per SEBI Integrated Financial Disclosure.

INDEPENDENT
Naveen Tewari
Independent Director

Verified Key Managerial Personnel / Board Member per SEBI Integrated Financial Disclosure.

INDEPENDENT
Rahul Matthan
Independent Director

Verified Key Managerial Personnel / Board Member per SEBI Integrated Financial Disclosure.

INDEPENDENT
Sachi Krishana
Independent Director

Verified Key Managerial Personnel / Board Member per SEBI Integrated Financial Disclosure.

AUDITOR
Walker Chandiok & Co LLP
Statutory Auditor

Verified Statutory Auditor per SEBI Integrated Financial Disclosure.

CORPORATE ACTIONS & DIVIDEND TRACK RECORD
Latest Dividend Paid ₹2.00
LTM Total Dividend ₹44.35
Dividends Recorded 9 payouts
Corporate Action Disclosures (Dividends, Bonus & Splits)
TypeEx-DateRecord DateAmount / RatioDescription
DIVIDEND2026-09-152026-09-15₹2.00Final Dividend - Rs. - 2.0000
DIVIDEND2026-09-152026-09-15₹7.00Final Dividend - Rs. - 7.0000
DIVIDEND2026-09-152026-09-15₹0.50Final Dividend - Rs. - 0.5000
DIVIDEND2026-09-152026-09-15₹5.00Final Dividend - Rs. - 5.0000
DIVIDEND2026-09-152026-09-15₹0.55Final Dividend - Rs. - 0.5500
DIVIDEND2026-09-152026-09-15₹25.00Final Dividend - Rs. - 25.0000
DIVIDEND2026-09-152026-09-15₹3.00Final Dividend - Rs. - 3.0000
CORPORATE_ACTION2026-09-152026-09-15N/ARight Issue of Equity Shares
DIVIDEND2026-09-152026-09-15₹1.00Final Dividend - Rs. - 1.0000
DIVIDEND2026-09-152026-09-15₹0.30Final Dividend - Rs. - 0.3000
REGULATORY FILINGS & EXCHANGE DISCLOSURES
Press Release 03 Nov 2026, 12:00 AM • NSE_OFFICIAL_API
Press Release

Investor Presentation 03 Nov 2026, 12:00 AM • NSE_OFFICIAL_API
Investor Presentation

Monitoring Agency Report 03 Nov 2026, 12:00 AM • NSE_OFFICIAL_API
Monitoring Agency Report

Outcome of Board Meeting 03 Nov 2026, 12:00 AM • NSE_OFFICIAL_API
Outcome of Board Meeting

Analysts/Institutional Investor Meet/Con. Call Updates 29 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
Analysts/Institutional Investor Meet/Con. Call Updates

Copy of Newspaper Publication 23 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
Copy of Newspaper Publication

Shareholders meeting 22 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
Shareholders meeting

Outcome of Board Meeting 19 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
Outcome of Board Meeting

UNIFIED CORPORATE CHRONOLOGICAL TIMELINE
2026-11-03 Investor Presentation • NSE_OFFICIAL_API
Investor Presentation

2026-11-03 Monitoring Agency Report • NSE_OFFICIAL_API
Monitoring Agency Report

2026-11-03 Outcome of Board Meeting • NSE_OFFICIAL_API
Outcome of Board Meeting

2026-11-03 Press Release • NSE_OFFICIAL_API
Press Release

2026-10-29 Analysts/Institutional Investor Meet/Con. Call Updates • NSE_OFFICIAL_API
Analysts/Institutional Investor Meet/Con. Call Updates

2026-10-23 Copy of Newspaper Publication • NSE_OFFICIAL_API
Copy of Newspaper Publication

2026-10-22 Shareholders meeting • NSE_OFFICIAL_API
Shareholders meeting

2026-10-19 Acquisition • NSE_OFFICIAL_API
Acquisition

2026-10-19 Appointment • NSE_OFFICIAL_API
Appointment

2026-10-19 Outcome of Board Meeting • NSE_OFFICIAL_API
Outcome of Board Meeting

2026-10-14 Resignation • NSE_OFFICIAL_API
Resignation

2026-10-14 Resignation of Director/KMP/SMP • NSE_OFFICIAL_API
Resignation of Director/KMP/SMP

STATUTORY SOURCE PROVENANCE & VERIFICATION AUDIT TRAIL
BSE Official Filings (544454) ↗ NSE Official Quote (INDIQUBE) ↗

Every financial metric, balance-sheet balance, and shareholding breakdown displayed on this dossier is grounded in primary statutory filings submitted to Indian stock exchanges (SEBI LODR Regulations 31, 33, and 47). No data is manufactured, estimated, or interpolated.

Data Domain Reporting Period Statutory Source Ingestion Date Status Provenance Hash
financials_quarterly Q2 FY27 NSE_OFFICIAL_API 03 Nov 2026, 21:31 VERIFIED 02ca1b6eedc1...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 31 Oct 2026, 23:04 VERIFIED 84e4010956f2...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 28 Oct 2026, 16:45 VERIFIED f6c360a9103f...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 26 Oct 2026, 05:32 VERIFIED f6c360a9103f...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 22 Oct 2026, 15:13 VERIFIED 57abb19e185d...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 18 Oct 2026, 00:45 VERIFIED 4bbe4904ce0a...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 13 Oct 2026, 16:45 VERIFIED c17286e5f4c4...

DATA SOURCES, STATUTORY DISCLOSURES & METHODOLOGY

All corporate identifiers, listed equity data, shareholding patterns, and financial statements are extracted from official regulatory authorities: National Stock Exchange of India (NSE), BSE Limited, and Ministry of Corporate Affairs (MCA) via audited XBRL Ind-AS submissions under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulations 31, 33, and 47). Data is ingested and archived on official end-of-day (EOD) schedules with immutable provenance tracking.

Zero-Fabrication Policy: SRK Money Talk strictly enforces authentic data integrity. No financial values, debt levels, cash flows, or quarterly earnings are ever mathematically synthesized, interpolated, or fabricated. When statutory disclosures have not yet been filed or ingested, fields are strictly labeled as N/A or NOT_YET_AVAILABLE.

Statutory Disclaimer: The SRK Fundamental Health Score is a quantitative diagnostic algorithm based exclusively on historical audited filings and does not constitute an investment recommendation or financial advisory. Always consult a SEBI-registered investment adviser before making capital allocation decisions.