Skip to content
Sobha logo

Sobha

SOBHA NSE
₹1,188.00 No trade today
P/E
66.48
View as Markdown
MCP
Close 4 Nov 2026 ₹1,188.00 −466.40 −28.2% 1Y
Start ₹1,654.40

Key Fundamentals

MicrocapRealtyConsumer Discretionary

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
6.86%
Debt to Equity
0.33
EPS (TTM)
₹17.87
Book Value
₹442.85
Market Cap
—
P/E (TTM)
66.48
P/B
2.68
ROE
4.16%
Dividend Yield
0.52%
EBITDA
₹504 Cr
52W High
₹1,732.00
52W Low
₹1,112.10
Volume
0

Peer Comparison

Consumer Discretionary › Realty › Residential Commercial Projects › Residential, Commercial Projects

Sobha peer comparison
DLF
₹720.0039.02₹1,76,861 Cr3.911.13%9.50%6.32%₹6,375 Cr₹4,567 Cr
Lodha Developers
₹1,122.0027.17₹1,09,477 Cr4.510.40%15.50%16.40%₹18,181 Cr₹4,129 Cr
Phoenix Mills
₹2,079.5058.10₹73,757 Cr8.170.12%11.00%12.40%₹4,545 Cr₹1,629 Cr
Prestige Estates Projects
₹1,580.0059.74₹67,457 Cr4.180.13%7.53%10.40%₹13,053 Cr₹1,265 Cr
Oberoi Realty
₹1,710.9023.64₹61,958 Cr3.260.24%14.60%17.30%₹6,214 Cr₹2,632 Cr
Godrej Properties
₹1,739.0032.73₹51,392 Cr2.710.60%8.82%7.63%₹5,203 Cr₹1,591 Cr
Brigade Enterprises
₹541.1025.40₹17,553 Cr2.470.38%10.50%10.50%₹5,532 Cr₹784 Cr
Sobha (this company)
₹1,188.0066.48₹12,402 Cr2.680.52%4.16%6.86%₹5,176 Cr₹191 Cr
Median 8 companies₹1,384.0035.88₹64,707 Cr3.590.39%10.00%10.45%₹5,873 Cr₹1,610 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

43 Weak

Data confidence 100/100

Category scores

Quality
51
Average
Returns, margins, earnings quality 22% weight
Valuation
38
Weak
Cheap vs sector & own history 24% weight
Growth
38
Weak
Sales & profit trajectory 9% weight
Financial Health
40
Weak
Solvency, leverage, coverage 9% weight
Momentum
18
Poor
Trend strength, vol-adjusted 12% weight
Ownership
51
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

3
  • Company has delivered good profit growth of 25.4% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 41.7%
  • Company's working capital requirements have reduced from 52.6 days to 34.7 days

Weaknesses

3
  • Stock is trading at 2.51 times its book value
  • Company has a low return on equity of 3.15% over last 3 years.
  • Earnings include an other income of Rs.184 Cr.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish856
OscillatorsNeutral252
Moving AveragesStrong Bearish604

Key readings

RSI (14)
50.73
Neutral
MACD (12,26,9)
−17.18
Bullish
SMA (50)
1,210.12
Bearish
SMA (200)
1,342.15
Bearish

As of

Analyst Rating

Based on 16 analysts
BUY94%

15 of 16 analysts rate Buy, 1 Hold, 0 Sell.

As of

BUY
15
94%
HOLD
1
6%
SELL
0
0%

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Sep 2026 against Sep 2025.

Revenue

Revenue growth by window
10Y+10.32%
5Y+19.72%
3Y+16.18%
1Y+28.50%
TTM+9.54%

Net profit

Net profit growth by window
10Y+3.41%
5Y+25.50%
3Y+22.89%
1Y+103.16%
TTM+27.33%

Operating cash flow

Operating cash flow growth by window
10Y+1.03%
5Y−6.85%
3Y−27.96%
1Y+115.00%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−16.88 pp
5Y−26.02 pp
3Y−5.21 pp
1Y−1.31 pp
TTM+0.58 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹2,229 Cr
Mar 2018₹2,783 Cr
Mar 2019₹3,442 Cr
Mar 2020₹3,754 Cr
Mar 2021₹2,110 Cr
Mar 2022₹2,561 Cr
Mar 2023₹3,310 Cr
Mar 2024₹3,097 Cr
Mar 2025₹4,039 Cr
Mar 2026₹5,190 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹161 Cr
Mar 2018₹217 Cr
Mar 2019₹297 Cr
Mar 2020₹282 Cr
Mar 2021₹62.00 Cr
Mar 2022₹173 Cr
Mar 2023₹104 Cr
Mar 2024₹49.00 Cr
Mar 2025₹95.00 Cr
Mar 2026₹193 Cr

Analyst Forecasts

Forecast For
Dec 26 consensus · EBITDA
₹127 Cr +7.3% vs Sep 26
Reported High Mean Low

AI Analysis — Bull vs Bear

Generated 13 Aug 2026
AI opinion · based on fundamentals
Risk high

Sobha Ltd has a market cap of Rs.14,280 Cr trading at a PE of 61.7x with TTM sales growth of 32% and profit growth of 126%. However, 3-year average ROE remains low at 3% and the stock has declined 12% over the past year despite strong operational momentum.

Bull Case 8
  • TTM revenue growth of 32% indicates strong sales momentum, significantly above the 10-year CAGR of 10%
  • TTM profit growth of 126% signals a sharp earnings recovery and operating leverage kicking in
  • 5-year compounded profit CAGR of 25.4% demonstrates sustained earnings improvement over a meaningful period
  • Working capital days reduced from 52.6 to 34.7 days, reflecting improved cash conversion and operational efficiency
  • Healthy dividend payout ratio of 41.7% shows management commitment to returning capital to shareholders
  • 5-year compounded sales CAGR of 20% reflects consistent top-line expansion through real estate cycles
  • 3-year stock CAGR of 35% indicates the market has rewarded the company's improving fundamentals over a medium-term horizon
  • Company is expected to deliver a good upcoming quarter, suggesting near-term operational visibility remains intact
Bear Case 7
  • 3-year average ROE of just 3% is significantly below cost of equity, indicating poor capital efficiency despite profit growth
  • Earnings include other income of Rs.196 Cr, meaning core operating profit may be overstated in reported numbers
  • Stock has declined 12% over the past 1 year even as broader markets remained firm, reflecting possible sector-specific headwinds or valuation correction
  • Price-to-book of 3.02x is expensive for a company generating only 3-4% ROE, implying the market is pricing in significant future improvement
  • 10-year compounded profit CAGR of only 3% shows that the recent profit surge is a recovery from a prolonged weak period rather than a structural shift proven over time
  • Last year ROE of 4% remains well below the 10-year average of 6%, suggesting the business has not yet returned to historical profitability levels
  • Dividend yield of just 0.45% offers minimal income cushion against the stock's volatility at current price levels

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

78d ago

TL;DR: Sobha delivered strong Q1 results with 26.5% profit growth and 36.7% revenue expansion, signaling robust demand execution in the real estate segment. No visible headwinds emerged in recent coverage. The trend is improving, and sustained sales velocity will be key to maintaining this trajectory.

Positives 1
  • Q1 profit surges 26.5% Jul 20

    Sobha reported Q1 profit of ₹580.42 crore, up 26.5% YoY. Revenue grew 36.7% to ₹12,575.87 crore, indicating strong topline and bottomline momentum.

Quarterly Results

₹ Cr
SOBHA quarterly results, ₹ crore
Particulars Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
741
685
763
640
934
1,224
1,241
852
1,408
943
1,988
1,278
967
Expenses
666
611
701
584
856
1,157
1,147
828
1,312
905
1,836
1,201
898
Operating Profit
75
74
62
56
77
67
94
24
96
39
152
78
69
OPM %
10%
11%
8%
9%
8%
5%
8%
2.8%
7%
4.1%
8%
6%
7%
Other Income
32
29
28
29
32
33
30
49
62
40
42
52
50
Interest
64
61
59
54
49
47
45
31
32
30
44
32
40
Depreciation
19
20
21
20
23
23
23
24
26
28
28
28
32
PBT
25
21
11
11
36
29
56
19
99
21
122
69
47
Tax %
39%
29%
36%
45%
28%
26%
27%
27%
27%
25%
25%
26%
30%
Net Profit
15
15
7
6
26
22
41
14
73
15
92
51
33
EPS (₹)
1.4
1.41
0.66
0.57
2.44
2.03
3.82
1.27
6.78
1.44
8.59
4.76
3.08

Profit & Loss

₹ Cr
SOBHA profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
2,441
1,943
2,229
2,783
3,442
3,754
2,110
2,561
3,310
3,097
4,039
5,190
5,176
Expenses
1,823
1,499
1,809
2,263
2,769
2,639
1,435
2,028
2,941
2,820
3,744
4,880
4,839
Operating Profit
617
444
420
520
673
1,115
675
533
370
277
294
310
337
OPM %
25%
23%
19%
19%
20%
30%
32%
21%
11%
9%
7%
6%
7%
Other Income
15
36
52
50
73
72
81
84
92
121
124
193
184
Interest
188
164
150
198
236
682
601
308
249
246
196
137
146
Depreciation
72
60
64
54
62
72
79
72
68
78
90
106
116
PBT
372
257
258
317
448
433
75
237
145
74
133
260
258
Tax %
34%
46%
38%
32%
34%
35%
17%
27%
28%
34%
29%
26%
—
Net Profit
244
138
161
217
297
282
62
173
104
49
95
193
191
EPS (₹)
21.52
12.48
14.8
20.27
27.76
26.32
5.82
16.19
9.74
4.59
8.86
18.09
17.87
Div. Payout %
29%
14%
15%
31%
22%
24%
53%
16%
27%
58%
34%
33%
—

Balance Sheet

₹ Cr
SOBHA balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital
98
98
96
95
95
95
95
95
95
95
107
107
107
Reserves
2,334
2,467
2,548
2,675
2,134
2,336
2,333
2,328
2,400
2,419
4,454
4,613
4,629
Borrowings
2,059
2,180
2,222
2,331
2,604
3,131
3,052
2,529
2,027
1,940
1,183
1,057
1,562
Other Liabilities
1,666
3,317
4,027
3,924
5,907
5,448
5,729
6,578
8,054
9,228
11,461
13,721
14,836
Total Liabilities
6,157
8,062
8,893
9,025
10,740
11,010
11,208
11,530
12,576
13,682
17,205
19,499
21,133
Fixed Assets
315
373
595
610
678
919
903
852
899
946
981
1,076
1,201
CWIP
52
45
1
0
0
0
0
0
2
5
24
27
0
Investments
0
229
0
112
113
114
114
115
115
115
115
120
119
Other Assets
5,789
7,415
8,298
8,302
9,949
9,976
10,191
10,564
11,560
12,615
16,085
18,275
19,813
Total Assets
6,157
8,062
8,893
9,025
10,740
11,010
11,208
11,530
12,576
13,682
17,205
19,499
21,133

Cash Flow

₹ Cr
SOBHA cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−216
388
354
353
206
294
613
826
1,150
647
200
430
Investing
−60
−245
2
−129
−61
−307
−33
38
−237
−475
−1,180
−97
Financing
337
−133
−345
−243
−86
−84
−483
−889
−773
−338
993
−285
Net Cash Flow
61
11
10
−18
58
−97
96
−25
140
−166
13
48
Free Cash Flow
−280
281
322
294
102
−7
573
873
1,034
524
70
224
CFO/EBITDA
−21
101
100
84
44
36
95
165
330
262
122
213

Ratios

SOBHA financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
26
47
37
43
35
35
34
50
17
19
17
19
Inventory Days
—
—
—
5,289
—
—
—
—
10,072
—
10,343
5,650
Days Payable
—
—
—
788
—
—
—
—
688
—
519
365
Cash Conversion Cycle
26
47
37
4,544
35
35
34
50
9,401
19
9,841
5,305
Working Capital Days
279
665
344
261
68
101
155
154
67
19
104
35
ROCE %
14%
9%
8%
10%
14%
21%
12%
10%
8%
7%
6%
7%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Sobha insights

62 extracted metrics across FY07–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 52.89%
  • DIIs 25.70%
  • Public 7.69%
  • Others 7.37%
  • FIIs 6.34%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about Sobha

What does Sobha Ltd do?
Sobha Limited, incorporated in 1995, is a real estate developer engaged in construction to operations of townships, housing projects, commercial premises, and other related activities.
Where is Sobha Ltd (SOBHA) listed?
Sobha Ltd trades as SOBHA on the NSE and under code 532784 on the BSE.
Which sector does Sobha Ltd belong to?
Sobha Ltd is classified under the Realty sector, in the Residential Commercial Projects industry.
What is the PE ratio of Sobha Ltd?
Sobha Ltd trades at a PE ratio of 66.48 as of 4 Nov 2026, on earnings per share of ₹17.87, against a book value of ₹442.85 per share.
What is the 52-week high and low of Sobha Ltd?
Over the last 52 weeks Sobha Ltd has traded between ₹1,112.1 and ₹1,732 as of 4 Nov 2026.
Does Sobha Ltd pay dividends?
Sobha Ltd has a dividend yield of 0.52%.
What is the Return on Equity (ROE) of Sobha Ltd?
Sobha Ltd reported a return on equity of 4.16%. Its debt-to-equity ratio is 0.33.

Company Information

Sobha Limited, incorporated in 1995, is a real estate developer engaged in construction to operations of townships, housing projects, commercial premises, and other related activities. The Co. is also engaged in manufacturing activities related to interiors, glazing and metal works, and concrete products.

Website sobha.com
CEO Mr. Jagadish Nangineni B.Tech Civil, PGDM
Employees 4,483
Listed 20 Dec 2006
Face Value ₹10

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/SOBHA.md for Sobha Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More

More Realty stocks → FII DII DataStock ScreenerNifty 50 HeatmapF&O Ban ListFII and DII flows, month by monthHow Tapetide Scores changed, month by monthStocks mutual funds are buying, month by month