Sobha

Quick check

The five things to look at first. Open one for more.

• DebtHigh safetyRated AA- by 2 agencies.
• ResultsProfit fallingIn the Sep 2026 quarter, sales fell 31% and profit fell 55% from a year earlier.
• DilutionRaise plannedNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 53% of the company, about the same as in Sep 2025.
• ValuationNormal for this stockThe share trades at 65.7 times its yearly earnings (P/E), cheaper than 63% of the time in the last 5 years. Its usual P/E is about 23.

Sobha against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)65.7 against a typical 23.3: pricier than most peers (1st = cheapest).129th of 173
• Sales growth−31.3% against a typical +6.6% from a year earlier.103rd of 134
• Profit growth−54.8% against a typical +2.9% from a year earlier.76th of 108
• Share price, 3 months−14.3% against a typical −9.9%.93rd of 147
• Size₹ 12,485.9 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).9th of 163

Exchange filings and their impact on the company.

• 26 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactVery positivePrice −2.4% that day
  Record Rs 5,862 cr H1 presales and 50% plus PAT growth guide point to sharp revenue and margin inflection.

  Sobha reported its strongest half year with H1 FY27 presales of Rs 5,862 crores, up 47.2%, and Q2 sales of Rs 2,206 crores, with price realization up to Rs 15,522 per sq ft. Collections hit a record Rs 2,084 crores in Q2, leaving a net cash position of Rs 322 crores and Rs 22,040 crores of revenue yet to be recognized. Management guided to at least 50% PAT growth this year, H2 EBITDA margins above 15% rising toward 20% next year, and 8 launches totalling about 12 million sq ft worth Rs 18,000 crores in H2.

  Full analysisFiling
• 19 Oct 2026Outcome of Board MeetingMedium impactNegativePrice +3.1% on 21 Oct
  Weak Q2 with revenue down 31% and profit down 55% YoY plus higher debt outweighs tiny Rs 12.7 cr fire-safety buy.

  Sobha reported weak Q2 FY27 results with consolidated revenue of Rs 967 crore, down about 31% from last year, and net profit of Rs 33 crore, down about 55%. For the first half, revenue was flat and borrowings rose by about Rs 500 crore to fund higher inventory and working capital. The board also approved buying the fire and safety division of promoter-owned Sobha Projects and Trade for Rs 12.7 crore in cash to strengthen backward integration, which is very small versus Sobha's size.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Yogesh Bansal

Chief Financial Officer

Bijan Kumar Dash

Compliance Officer, Company Secretary

Jagadish Nangineni

Managing Director, Whole-Time Director

Manakulamparambil Narayanan Nisanth

Deputy Managing Director, Executive Director