WEWORK
WeWork India Management Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
WEWORK
FY26 → FY29 · 3 years of guidance · ~2.7 years from today₹744 today
BEAR
₹140
-81%-47% a yr
11.6% a year · 18.9x exit
BASE
₹274
-63%-31% a yr
20% a year · 29.8x exit
BULL
₹495
-33%-14% a yr
27.2% a year · 45.2x exit
Where the market has priced it
14x140x today — outside the range63x
- the guided figure reached earnings through a low-confidence bridge
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 22 Real Estate Development peers
- FY27 one quarter filed — the pace is shown, not judged: guided +20.0%, filed +30.6% across 1 quarter(s)
- at 139x its FY26 earnings the stock already trades above the top of its own ten-year range (45x)
- the range is unusually wide — read it as the span of management's own claim, not as a forecast
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹5.33 (screener) |
|---|---|
| Guided growth | 20% a year, said on the call of 23-Jul-2026 · transcript |
| Read across as | operating: unlabelled growth figure, read as revenue — low confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 18.88x / 29.75x / 45.17x, this company’s own p20 / median / p80 across 22 filed years |
| Filed-industry peers | median 29.75x across 22 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)3 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
ebitda growth 20%generic growth 20%margin 19%
So, will the trajectory of pre-Ind AS EBITDA growth of 20% kind of what was indicated will continue for the full-year basis if we, you know, declutter the noise on a quarterly basis?
Call 23-Jul-2026 · bridge confidence low · transcript PDF
Pace against its own guidance
FY27
one quarter filed — the pace is shown, not judged
guided 20.0%
filed 30.6%
1 of 4 quarters