SOBHARealty

Sobha Limited

Residential, Commercial Projects · ISIN INE671H01015 · BSE 532784 · NSE EQ · FV ₹10
Last price
₹1,189
+0.64%today
What this company does

Sobha Limited operates in Residential, Commercial Projects, part of the Realty sector. It booked ₹1,278 cr of revenue in its latest quarter (Q1 FY27) and kept 4.0% of sales as profit.

In the report:
55out of 100
Equitytale Health Score
Mixed

Healthier than 55% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,201–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
28

At close. Not part of the score.

Profitability & returns28

How much profit it earns on the money it employs

Balance sheet44

How much it owes, and whether earnings cover the interest

Cash quality88

Whether reported profit actually arrives as cash

Growth & consistency77

Whether sales and profit have grown, and how steadily

Valuation26

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 50% vs last year
Profit up 273% vs last year
Promoters hold 53%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 4.0% net margin
! Low 4.3% return on equity

What if I invest in SOBHA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,189 +0.64%
latest close · 2026-09-17
1-year return
+103.6%
52-wk low ₹48052-wk high ₹1,560
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio62.6High
LowAverageHigh
P/B ratio2.69Moderate
Below bookModerateHigh
EV / EBITDA26.1High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity4.3%Weak
WeakFairStrong ▸15%
Return on capital7.7%Weak
WeakFairStrong
Net margin4.0%Thin
ThinDecentStrong
EBITDA margin10.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.21Comfortable
LowModerateHigh ▸1
Interest cover3.2×Okay
RiskyOkayStrong ▸5×
Current ratio1.14Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹12,720 cr
Book value
₹441
EPS
₹4.75
latest quarter
Net debt
₹828 cr
owes more than its cash
Enterprise value
₹13,548 cr
EBITDA
₹519 cr
annualised
EBIT
₹406 cr
annualised
Operating margin
7.9%
Return on assets
1.0%
Earnings yield
1.60%
P/S
2.49
Sales / share
₹478.1
Tax rate
26.4%
Face value
₹10
Shares
10.7 cr
Working capital
₹1,998 cr
Current assets
₹16,261 cr
Current liabilities
₹14,264 cr
Delivery %
46.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹290₹320, midpoint ₹305

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,278 cr
Other Income₹52 cr
Total Income₹1,330 cr
Cost of Materials₹86 cr
Purchases of Stock-in-Trade₹274 cr
Inventory Change (±)₹-485 cr
Employee Benefit Expense₹127 cr
Finance Costs₹32 cr
Depreciation & Amortisation₹28 cr
Other Expenses₹1,198 cr
Total Expenses₹1,261 cr
Profit before Tax₹69 cr
Tax Expense₹18 cr
Share of JV / Associates₹-13.7 L
Net Profit₹51 cr
Net margin on total income3.8%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹127 cr9.5%
Finance costs₹32 cr2.4%
Depreciation & amortisation₹28 cr2.1%
Other expenses₹1,074 cr80.7%
Tax expense₹18 cr1.4%
Profit for the period₹51 cr3.8%
Total income ₹1,330 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue943 cr1,988 cr1,278 cr
Total income983 cr2,030 cr1,330 cr
Expenses962 cr1,908 cr1,261 cr
Profit before tax21 cr122 cr69 cr
Tax5 cr30 cr18 cr
Net profit (owners' share)15 cr92 cr51 cr
Net margin (owners' share, on revenue)1.6%4.6%4.0%
EPS (₹)1.448.594.75
YoY (latest quarter): total income +47.6% · net profit +273.4%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹19,518 cr
Shareholder equity
₹4,720 cr
parent shareholders
Total debt
₹1,002 cr
Cash
₹174 cr
Cash flow · H1 FY26
Operating
₹291 cr
Investing
₹-72 cr
Financing
₹-209 cr
Peer comparison
Residential, Commercial Projects · by market value
CompanyPriceMarket capP/E
DLF Limited₹640₹1.58 L cr49.8
Lodha Developers Limited₹1,103₹1.10 L cr20.1
The Phoenix Mills Limited₹1,872₹66,957 cr56.4
Oberoi Realty Limited₹1,741₹63,292 cr29.1
Prestige Estates Projects Limited₹1,440₹62,025 cr65.7
Godrej Properties Limited₹1,678₹50,551 cr36.1
Anant Raj Limited₹597₹21,482 cr35.9
Brigade Enterprises Limited₹621₹20,251 cr25.3
Horizon Industrial Parks Limited₹52₹12,779 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.50%
trailing 12 months
Dividend / share (TTM)
₹6
Last dividend
₹6
ex 10 Jul 2026
ActionDetailEx-date
Dividend₹6 / share10 Jul 2026
Dividend₹3 / share11 Jul 2025
Dividend₹3 / share26 Jul 2024
Rights issue47:619 Jun 2024
Dividend₹3 / share28 Jul 2023
Dividend₹3 / share28 Jul 2022
Who owns it · 2026-06-30
No pledge
Promoter
52.9%
FII / Foreign
6.1%
DII / Domestic
26.0%
Retail / others
15.0%
Promoter stake up 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtPuthan Naduvakkatt Chenthamaraksha Menon · Promoters9,853 · ₹1.2 cr10 Mar 25
BoughtPuthan Naduvakkatt Chenthamaraksha Menon · Promoters1,431 · ₹16.8 L4 Mar 25
BoughtPuthan Naduvakkatt Chenthamaraksha Menon · Promoters25,631 · ₹3.0 cr3 Mar 25
Bulk / block deals
short · NSE83 Sep 26
short · NSE20026 Aug 26
short · NSE4024 Jul 26
Stake changes
BoughtBandhan Mutual Fund (through Bandhan Small Cap Fund)→ 7.02% · 72,0007 May 26
BoughtBandhan Mutual Fund→ 5.01% · 15,61126 Sep 25
BoughtMr. Puthan NC Menon · promoter→ 18.84% · 9,85310 Mar 25
Promoter pledges
ReleasedCatalyst Trusteeship Ltd33.00 L · 3.48% held17 Aug 23
ReleasedCatalyst Trusteeship Limited67.00 L · 10.54% held25 Jul 23
PledgedCatalyst Trusteeship Limited32.50 L · 7.11% held13 May 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 24 Jul 2025
See the official result
1
To consider and adopt the standalone and consolidated financial statements of the Company for the financial year ended March 31, 2025, together with reports of the Board of Directors and the Statutory Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
3.22 cr votes for, 151 against · 0% of mutual funds and other big investors said no
2
To declare a dividend on equity shares for the financial year ended March 31, 2025 at the rate of Rs. 3/- per equity share of Rs. 10/- (Rupees Ten only) each fully paid-up shares of the Company and pro-rata dividend on partly paid-up equity shares.
Backed by 100% of shareholders other than promotersneeded 50%
3.23 cr votes for, 127 against · 0% of mutual funds and other big investors said no
3
To re-appoint Mr. Jagadish Nangineni (DIN: 01871780), as a director liable to retire by rotation and being eligible, offers himself for re-appointment.
Backed by 94% of shareholders other than promotersneeded 50%
3.02 cr votes for, 20.91 L against · 6% of mutual funds and other big investors said no
4
To Appoint Nagendra D Rao & Associates LLP, Company Secretaries as the Secretarial Auditor of the company for a period of 5 (five) years.
Backed by 100% of shareholders other than promotersneeded 50%
3.22 cr votes for, 32,886 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 5 named members
owning 52.9% between them · as of 2026-06-30
Sobha Menon30.63%
P N C Menon18.84%
Ravi P N C Menon3.36%
P N Haridas0.05%
Sudha Menonno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.