| Margins | Targeting 30%+ project level EBITDA margin. |
|---|---|
| Order book | 35.97 Mn sft total land development potential across 8 cities. |
| Demand visibility | Strong luxury demand; ₹220.41 Bn revenue to be recognized from sold units. |
| Management confidence | High regarding premium segment absorption and execution excellence. |
Growth
Q2 revenue reached ₹10.17 Bn; PAT at ₹331 Mn. H1 FY27 RE sales value up YoY to ₹58.62 Bn.
Outlook
Targeting 20.42 Mn sft forthcoming launches with ₹313.53 Bn sale potential. Projected project EBITDA margins at 30% or more.
Risks
Project outflows rose 13.4% YoY. Net cashflow turned negative at ₹(4.86) Bn due to high land investments.
Last quarter's promises, checked
Delivered
- Guided 30% presales growth → H1 FY27 sales ₹58.62 Bn (>30% YoY) (= BEAT)
- Guided 6-6.5 Mn sft completion → H1 on track with 1.08 Mn sft in Q1 (= BEAT)
- Targeted net debt at 0 level → Net cash position ₹659 Cr in Q1 (= BEAT)
Partly delivered
- Guided 8.2 Mn sft launches in FY27 → 7.92 Mn sft launched in H1 (= PARTIAL)
Missed
- Guided ₹2,000 Cr annual operating cash flow → H1 results suggest deficit due to high land spend (= MISS)
Investor Presentation filed with BSE, NSE: SOBHA. Summary written with AI assistance from the document.
Sobha Ltd: key numbers
- Share price
- ₹1,160.00
- Market cap
- ₹12,405 Cr
- Revenue (annual)
- ₹5,190 Cr
- Net profit (annual)
- ₹193.4 Cr
- P/E (TTM)
- 64.9×Sector 33.7×
- 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