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Sobha Limited SOBHA NIFTY_SMALLNSE

Real Estate · Real Estate - Development · India
https://www.sobha.com

Sobha Limited engages in the construction, development, sale, management, and operation of residential and commercial real estate under the Sobha brand primarily in India. It operates through two segments, Real Estate, and Contractual and Manufacturing. The Real Estate segment comprises development, sale, management, and operation of townships and housing projects, as well as leasing of commercial premises. The Contractual and Manufacturing segment is involved in the development of commercial premises and other related activities, as well as manufacturing activities related to interiors, glazing, and metal works and concrete products. Its residential real estate portfolio includes apartments, villas, row houses, townships, and plotted developments. The company also provides contracting business services comprising design, civil and structural works, MEP, interior fit-outs, aluminum and glazing systems, and landscaping; glazing and metal works products, such as aluminum doors and windows, structural glazing systems, stainless steel finishes, and pre-engineered building modules tailored for commercial and institutional use; concrete products, including a range of concrete blocks, kerbs, pavers, drainage channels, and paving elements; and interior products that consist of doors, door frames, modular kitchens, wardrobes, customized furniture, paneling, partitions, and upholstered joinery elements; and precast products, including columns, beams, slabs, staircases, and facade panels. The company was formerly known as Sobha Developers Limited and changed its name to Sobha Limited in August 2014. Sobha Limited was incorporated in 1995 and is headquartered in Bengaluru, India.

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₹1,418.00
+2.32% 1Y

Market & Price

Market Cap
₹15,166.05 Cr
Current Price
₹1,418.00
High / Low (52W)
₹1,701.20 / ₹1,156.80
Beta
0.35

Valuation

Stock P/E
106.38
Industry PE
20.49
Forward P/E
19.62
PEG Ratio
-
Book Value
₹441.49
Price to Book
3.21
P/S
2.92
EV/EBITDA
47.40
Dividend Yield
0.42%

Profitability & Returns

ROCE
5.80%
ROE
4.17%
ROA
0.69%
Profit Margin
3.73%
Op Margin
6.22%
EPS (Latest Qtr)
₹1.44
EPS (TTM)
₹13.33

Balance Sheet & Liquidity

Debt/Equity
0.22
Quick Ratio
0.12
Current Ratio
1.14
Debt
₹1,057.39 Cr
Total Assets
₹17,221.03 Cr
Current Assets
₹14,665.77 Cr
Working Capital
₹2,956.55 Cr

Ownership

Promoter Holding
58.47%
Chg in Prom Hold
-
FII / Inst Holding
28.89%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹14,713.52 Cr
Total Revenue (TTM)
₹5,190.50 Cr
EBITDA
₹310.39 Cr
Free Cash Flow
₹2,111.95 Cr
Operating Cash Flow
₹429.87 Cr
Shares Outstanding
₹10.69 Cr
Gross Margin
32.36%
Payout Ratio
22.51%

Growth (CAGR)

Revenue 5Y
16.27%
Profit 5Y
-18.23%
Revenue (YoY)
60.20%
Earnings (YoY)
124.30%

PROS

  • Compounding revenue at 16.3% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading at a high P/E of 106.4.
  • Earnings shrank at -18.2% CAGR over 5 years.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Real Estate).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 SOBHA Sobha Limited NIFTY_SMALLNSE 1,418.00 106.38 ₹15,166.05 Cr 0.42% 5.80% 4.17% 16.27% -18.23%
2 DLF DLF Limited NSE 590.60 33.11 ₹1.46 L Cr 1.02% 6.35% 10.03% 12.98% 29.44%
3 LODHA Lodha Developers Limited NSE 938.10 27.40 ₹93,708.23 Cr 0.45% 18.07% 15.71% 21.34% 91.69%
4 PHOENIXLTD The Phoenix Mills Limited NIFTY_MIDNSE 1,771.20 50.50 ₹63,345.28 Cr 0.14% 11.84% 11.06% 19.36% -2.86%
5 OBEROIRLTY Oberoi Realty Limited NIFTY_MIDNSE 1,707.10 24.75 ₹62,070.53 Cr 0.47% 16.74% 14.91% 12.92% 9.60%
6 PRESTIGE Prestige Estates Projects Limited NIFTY_MIDNSE 1,369.20 49.27 ₹58,975.58 Cr 0.13% 12.91% 8.00% 15.58% 8.28%
7 GODREJPROP Godrej Properties Limited NIFTY_MIDNSE 1,762.70 28.74 ₹53,093.89 Cr 0.57% 12.01% 9.97% 33.30% 47.94%
8 ABREL Aditya Birla Real Estate Limited NIFTY_SMALLNSE 1,243.80 - ₹13,753.67 Cr 0.16% -5.19% -8.91% -52.60% -45.99%
9 SIGNATURE Signatureglobal (India) Limited NIFTY_SMALLNSE 852.70 10.95 ₹11,981.35 Cr - 36.34% 84.88% 18.87% 604.67%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Dec 2025
Revenue 933.59 Cr1,224.09 Cr1,218.68 Cr851.93 Cr943.11 Cr
Cost of Revenue 622.02 Cr848.84 Cr824.98 Cr548.08 Cr568.11 Cr
Gross Profit 311.57 Cr375.25 Cr393.71 Cr303.86 Cr375.00 Cr
Operating Expenses 257.67 Cr331.29 Cr303.54 Cr303.70 Cr363.93 Cr
Operating Income 53.90 Cr43.96 Cr90.17 Cr15.40 L11.07 Cr
EBITDA 108.82 Cr100.02 Cr115.47 Cr73.29 Cr78.50 Cr
Interest Expense 49.37 Cr47.28 Cr36.28 Cr30.98 Cr30.28 Cr
Pretax Income 36.23 Cr29.46 Cr56.21 Cr18.65 Cr20.53 Cr
Tax Provision 10.14 Cr7.78 Cr15.36 Cr5.03 Cr5.11 Cr
Net Income 26.09 Cr21.68 Cr40.86 Cr13.62 Cr15.43 Cr
Diluted EPS 2.592.10-1.271.44

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Revenue 2,555.53 Cr3,274.91 Cr3,063.20 Cr4,016.76 Cr
Cost of Revenue 1,429.76 Cr2,118.18 Cr1,925.98 Cr2,689.40 Cr
Gross Profit 1,125.77 Cr1,156.74 Cr1,137.21 Cr1,327.36 Cr
Operating Expenses 664.38 Cr849.40 Cr937.54 Cr1,103.77 Cr
Operating Income 461.39 Cr307.33 Cr199.66 Cr223.59 Cr
EBITDA 594.90 Cr448.16 Cr377.91 Cr409.69 Cr
Interest Expense 286.45 Cr235.35 Cr225.46 Cr186.86 Cr
Pretax Income 236.62 Cr144.97 Cr74.23 Cr133.00 Cr
Tax Provision -63.44 Cr40.77 Cr25.11 Cr38.31 Cr
Net Income 173.19 Cr104.20 Cr49.11 Cr94.69 Cr
Diluted EPS 17.7910.705.189.28

Compounded Sales Growth

5 Years:16.27%
1 Year:60.20%

Compounded Profit Growth

5 Years:-18.23%
1 Year:124.30%

Stock Price Performance

1 Year:+2.32%
6 Months:-7.27%
3 Months:-6.29%
1 Month:-2.19%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets 11,541.92 Cr12,588.24 Cr13,696.49 Cr17,221.03 Cr
Current Assets 9,961.87 Cr10,480.57 Cr11,242.75 Cr14,665.77 Cr
Cash & Equivalents 139.06 Cr103.51 Cr56.11 Cr70.67 Cr
Inventory 7,651.58 Cr8,760.98 Cr9,376.41 Cr11,252.25 Cr
Receivables 350.45 Cr158.02 Cr164.53 Cr186.38 Cr
Total Liabilities 9,119.01 Cr10,093.57 Cr11,182.42 Cr12,660.53 Cr
Current Liabilities 8,704.79 Cr9,424.17 Cr10,405.23 Cr11,709.22 Cr
Long Term Debt 364.79 Cr613.46 Cr716.35 Cr766.07 Cr
Total Debt 2,529.08 Cr2,026.83 Cr1,939.73 Cr1,183.46 Cr
Total Equity 2,422.91 Cr2,494.67 Cr2,514.07 Cr4,560.51 Cr
Shares Outstanding 9.74 Cr9.74 Cr9.74 Cr10.70 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow 826.46 Cr1,150.21 Cr647.44 Cr199.92 Cr
Investing Cash Flow 38.21 Cr-236.84 Cr-474.93 Cr-1,179.93 Cr
Financing Cash Flow -889.34 Cr-773.05 Cr-338.16 Cr992.84 Cr
Capital Expenditure -20.05 Cr-123.41 Cr-124.72 Cr-131.25 Cr
Free Cash Flow 806.41 Cr1,026.81 Cr522.73 Cr68.67 Cr
Net Change in Cash -24.67 Cr140.32 Cr-165.66 Cr12.83 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Gross Margin % 44.1%35.3%37.1%33.0%
Operating Margin % 18.1%9.4%6.5%5.6%
Net Margin % 6.8%3.2%1.6%2.4%
ROE % 7.1%4.2%2.0%2.1%
ROCE % 16.3%9.7%6.1%4.1%

Shareholding Pattern

Insiders
58.47%
Institutions
28.89%
Public Float
69.56%

Analyst View

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