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Earnings Call

Sobha Earnings Call: Key Takeaways

Sobha Limited achieved record FY26 real estate sales of ₹8,136 crore, driven by strong performance in Bangalore and NCR. Despite launch delays, management remains bullish on scaling operations with a robust project pipeline.

Highlights
Revenue growthReal estate sales hit ₹8,136 crore, growing 30% year-on-year.
MarginsEBITDA margins expected at 30%+ for unrecognized revenue portfolio.
Order bookUnrecognized real estate revenue stands at approximately ₹18,600 crore.
Demand visibilityStrong, specifically in Bangalore and NCR premium segments.
Management confidenceHighly optimistic, emphasizing strong foundations and a massive launch pipeline.

Growth

Real estate sales grew 30% YoY with a 9.4% improvement in average price realization to ₹14,675 per sqft.

Outlook

Targeting 10 million sqft of new launches in FY27 across Bangalore, NCR, and Kerala.

Risks

Launch delays due to internal/external factors and input cost inflation from geopolitical uncertainty remain key concerns.

Source

Earnings Call filed with NSE, NSE: SOBHA. Summary written with AI assistance from the document.

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Sobha Ltd: key numbers

Share price
₹1,226.60
Market cap
₹13,118 Cr
Revenue (annual)
₹5,190 Cr
Net profit (annual)
₹193.4 Cr
P/E (TTM)
56.9×Sector 35.8×
Promoter holding
52.88%+0.00% QoQ
FII holding
6.12%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Promoter Buying

Sobha Promoter Buying: ₹0.43 Cr

Sobha promoter Ravi P N C Menon bought 3,500 shares on NSE for ₹0.43 Crore on 18-Sep-2026. Post-trade holding remains at 3.36%.

Value
₹0.43 Cr