ALFA Finder| Revenue growth | 47.6% YoY to ₹13.30 Bn. |
|---|---|
| Margins | EBITDA margin improved to 9.7% from 8.1% YoY. |
| Order book | ₹205.53 Bn revenue to be recognized from sold units. |
| Demand visibility | Strong, backed by response to OneWorld and Sacred Grove. |
| Management confidence | High; citing best-ever quarterly sales and strong launch performance. |
Growth
RE sales area reached 2.34 Mn sft (+63% YoY). PAT surged 264.3% YoY to ₹0.51 Bn.
Outlook
Projected marginal cashflow of ₹194.81 Bn; 20.77 Mn sft of forthcoming launches planned over 6-8 quarters.
Risks
Net cashflow was negative (₹1.49 Bn) due to increased land investments of ₹3.70 Bn.
Last quarter's promises, checked
Delivered
- Launch Sobha Magnus in Q3 → Launched Oct 2025 (= BEAT)
- Collection growth → Record ₹20.46 Bn quarterly collection (= BEAT)
- Interest rate reduction → Rates down 60 bps in Q2 (= BEAT)
Partly delivered
- Annual sales guidance ₹85 Bn → H1 at ₹39.81 Bn (= PARTIAL)
- EBITDA margins 30-35% → Q2 reported 10.7% (= PARTIAL)
Missed
- Launch 8-9 Mn sft in FY26 → Only 6.89 Mn sft in H1 (= MISS)
Earnings Call filed with BSE, NSE: SOBHA. Summary written with AI assistance from the document.
Sobha Ltd: key numbers
- Share price
- ₹1,262.90
- Market cap
- ₹13,506 Cr
- Revenue (annual)
- ₹5,190 Cr
- Net profit (annual)
- ₹193.4 Cr
- P/E (TTM)
- 70.7×Sector 38.0×
- Promoter holding
- 52.89%+0.01% QoQ
- FII holding
- 6.34%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Sobha Ltd
All →Sobha Capital Structure Change
Bandhan Mutual Fund, a non-promoter, acquired 2,183,115 Sobha Ltd shares through the secondary market. Its stake rose from 7.03% to 9.07% of paid-up equity capital.
Sobha Legal & Regulatory
Sobha faces a GST order for Rs 29.76 Crore tax plus interest and penalty, and is appealing to GSTAT. The company reports no operational impact.
- Value
- ₹29.76 Cr
Sobha Earnings Call Transcript: Key Takeaways
Sobha delivered record H1 pre-sales despite Q2 margin compression. Management is banking on a heavy H2 launch pipeline and high-margin new inventory to restore profitability.
- Call
- Guides 50% growth
Sobha Capital Structure Change
Sobha Limited issued a final notice for payment of the first and final call of ₹825.50 per partly paid-up share on 20,857 shares outstanding.
- Value
- ₹1.72 Cr
Sobha Acquisition Worth ₹12.7 Cr
Sobha Limited will acquire the fire and safety business division of Sobha Projects and Trade Private Limited in a slump sale for ₹12.70 Crore.
- Value
- ₹12.70 Cr
- Execution
- Three months
Sobha Merger & Restructuring Worth ₹12.7 Cr
Sobha Limited is acquiring the fire and safety division of Sobha Projects and Trade Private Limited via a slump sale for Rs. 12.7 Crore.
- Value
- ₹12.70 Cr
- Execution
- Three months