| 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
- ₹1,226.60
- 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.
More from Sobha Ltd
All →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
Sobha Earnings Call Transcript: Key Takeaways
Sobha delivered record sales in Q1FY27, driven by strong Bangalore and NCR launches. However, low reported EBITDA margins and high land investment outflows indicate execution and cash cycle pressures.
- Call
- Guides 30% growth
Sobha Earnings Call: Key Takeaways
Sobha Limited reports record FY26 real estate sales of ₹8,136 Cr, achieving a net cash positive position with ₹5,384 Cr total income and ₹193 Cr PAT.
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.
Sobha Earnings Call: Key Takeaways
Sobha delivered record FY26 performance with sales value of ₹81.36 Bn (+30% YoY) and revenue of ₹53.84 Bn (+29.3% YoY). The company achieved a net-debt negative position.
Sobha Earnings Call: Key Takeaways
Sobha Limited reports record sales of ₹81.36 Bn for FY26, driven by Bangalore and NCR expansion. Achieved net-debt negative status with a focus on high-margin residential launches.