# SOBHA (SOBHA) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/sobha

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,214.9
- Change: +2.14%
- As of: 2026-09-18
- 1D return: +2.17%
- 5D return: -1.66%
- 1M return: -6.78%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 17, 2026, SOBHA's technical stance is predominantly bearish across daily and weekly timeframes, with the current price of ₹1189.4 trading below key moving averages and the Supertrend indicator. The monthly timeframe presents a conflicting bullish signal from the Supertrend, though the price remains below its monthly moving averages. This divergence suggests a potential short-term consolidation or pullback within a longer-term bearish trend, or an early transition phase. The stock is currently positioned near its nearest support level of ₹1183.2, which is approximately 0.52% below the current price. Resistance is observed around ₹1193.3, a mere 0.33% above the current price. The stock has experienced recent anomalies, including an extreme wide intraday range on September 15, 2026, and an unusual price move on September 3, 2026. The current setup carries risk, evidenced by an annualized volatility of 35% and a maximum drawdown of -32%.

Key watch conditions include monitoring the price action around the immediate resistance level of ₹1193.3. A sustained move above this level could signal a potential shift. Conversely, a break below the nearest support at ₹1183.2, followed by a move towards ₹1175.35, would reinforce the bearish outlook. The formation of an active 'Outside Bar' pattern on September 17, 2026, warrants close observation for potential continuation or reversal signals.

- The stock's current price of ₹1189.4 on September 17, 2026, is below daily and weekly moving averages and Supertrend, indicating a bearish trend on these timeframes.
- The nearest support level is ₹1183.2 (approximately 0.52% below current price), and immediate resistance is at ₹1193.3 (approximately 0.33% above current price).
- A conflicting bullish Supertrend signal exists on the monthly timeframe, while the price remains below monthly moving averages.
- Recent anomalies include an extreme wide intraday range on September 15, 2026, and an unusual price move on September 3, 2026.
- Watch for a sustained break above ₹1193.3 for potential upward momentum or a break below ₹1183.2 to confirm further downside.

- Outside Bar
- Doji
- Harami

### News Context

Sobha Limited reported a significant increase in its first quarter fiscal year 2027 (Q1 FY27) performance. The company announced record real estate sales of INR 3,656 crores, a 76% rise year-on-year, with 2.34 million square feet sold. This growth was primarily driven by strong sales in Bangalore and the National Capital Region (NCR). Total income for the quarter reached INR 1,330 crores, up 48% year-on-year, and profit after tax (PAT) stood at INR 50.7 crores, a substantial increase from INR 13.5 crores in the same period last year. Looking ahead, Sobha plans to launch approximately 8.2 million square feet across nine projects in the remainder of FY27. The company also provided an update on its Rights Issue funds, stating that as of June 30, 2026, INR 1,829.93 crores had been utilized, with INR 169.10 crores remaining unutilized from the INR 1,999.03 crore raised on July 11, 2024. Conference calls with analysts and investors were held to discuss these results, with recordings made available.

- On July 27, 2026, Sobha Limited reported record Q1 FY27 real estate sales of INR 3,656 crores (up 76% YoY) and total income of INR 1,330 crores (up 48% YoY).
- Profit after tax for Q1 FY27 was INR 50.7 crores, compared to INR 13.5 crores in Q1 FY26.
- The company sold 2.34 million square feet in Q1 FY27 and plans to launch 8.2 million square feet across 9 projects in the rest of FY27.
- On July 20, 2026, Sobha Limited disclosed that INR 1,829.93 crores of its Rights Issue funds were utilized as of June 30, 2026, with INR 169.10 crores unutilized.
- Sobha Limited made conference call recordings available on July 21, 2026, discussing Q1 FY27 operational and financial performance.

### What Changed

As of the report date, September 18, 2026, Sobha's stock price has seen a slight increase, trading at ₹1189.4 compared to its previous price of ₹1181.8 on September 17, 2026. This marks a modest upward movement in the stock's valuation. The company's profile on the NSE remains unchanged, indicating continuity in its market listing and identity. No new filings or news developments were reported in the period leading up to the report date, suggesting a stable period for the company in terms of public disclosures and market events.

- Stock price increased to ₹1189.4 on September 17, 2026, from ₹1181.8 on September 17, 2026.
- No new filings were reported as of September 18, 2026.
- No new news developments were reported as of September 18, 2026.
- The company's profile on the NSE remains unchanged.

### Official Filings

Sobha Limited reported strong financial results for the first quarter of fiscal year 2027 (Q1 FY27), ending June 30, 2026. The company achieved record real estate sales of INR 3,656 crores, marking a 76% increase year-on-year, with 2.34 million square feet sold. This performance was primarily driven by sales in Bangalore and the National Capital Region (NCR). Total income for the quarter rose by 48% year-on-year to INR 1,330 crores, and profit after tax (PAT) significantly increased to INR 50.7 crores from INR 13.5 crores in the same period of the previous fiscal year. The company also announced plans for substantial new project launches, intending to introduce approximately 8.2 million square feet across 9 projects in the remainder of FY27. In parallel, Sobha Limited's Board of Directors approved the issuance of non-convertible debentures (NCDs) up to INR 1,000 crore via private placement. The company also disclosed ongoing legal proceedings, including provisional attachment of land parcels valued at approximately INR 2,016.05 million by the Enforcement Directorate and aggregate demand orders of approximately INR 842 million from an Income Tax Department search, both related to a joint development agreement in Gurugram. Regarding its Rights Issue, which raised INR 1,999.03 crore in July 2024, INR 1,829.93 crore was utilized as of June 30, 2026, leaving INR 169.10 crore unutilized, primarily held in fixed deposits.

- On July 27, 2026, Sobha Limited reported record Q1 FY27 real estate sales of INR 3,656 crores (up 76% YoY) and total income of INR 1,330 crores (up 48% YoY), with PAT at INR 50.7 crores.
- The company announced plans to launch approximately 8.2 million square feet across 9 projects in the remainder of FY27.
- On July 20, 2026, the Board of Directors approved the issuance of non-convertible debentures up to INR 1,000 crore.
- Legal proceedings include provisional attachment of land parcels valued at approximately INR 2,016.05 million and aggregate tax demand orders of approximately INR 842 million.
- As of June 30, 2026, INR 169.10 crore of the INR 1,999.03 crore Rights Issue proceeds remained unutilized.

### Fundamentals

Sobha's recent operating performance shows fluctuations across reported quarters. Revenue from operations stood at ₹943.11 crore in Q3 FY2025-26, increasing to ₹1,987.84 crore in Q4 FY2025-26, before declining to ₹1,278.15 crore in Q1 FY2026-27. Expenses followed a similar pattern, reported at ₹962.33 crore (Q3 FY2025-26), ₹1,908.06 crore (Q4 FY2025-26), and ₹1,260.91 crore (Q1 FY2026-27). Profit Before Tax (PBT) was ₹20.78 crore in Q3 FY2025-26, ₹121.87 crore in Q4 FY2025-26, and ₹69.26 crore in Q1 FY2026-27. Finance costs were ₹30.28 crore (Q3 FY2025-26), ₹43.93 crore (Q4 FY2025-26), and ₹32.12 crore (Q1 FY2026-27). The company's net segment assets have shown a steady increase, from ₹19,475.60 crore as of December 31, 2025, to ₹19,517.81 crore as of March 31, 2026, and further to ₹20,242.57 crore as of June 30, 2026. This indicates a growing asset base supporting the company's operations.

- Revenue from operations was ₹943.11 crore in Q3 FY2025-26, ₹1,987.84 crore in Q4 FY2025-26, and ₹1,278.15 crore in Q1 FY2026-27.
- Profit Before Tax (PBT) reported was ₹20.78 crore for Q3 FY2025-26, ₹121.87 crore for Q4 FY2025-26, and ₹69.26 crore for Q1 FY2026-27.
- Finance costs were ₹30.28 crore in Q3 FY2025-26, ₹43.93 crore in Q4 FY2025-26, and ₹32.12 crore in Q1 FY2026-27.
- Net segment assets grew from ₹19,475.60 crore as of December 31, 2025, to ₹20,242.57 crore as of June 30, 2026.

### Bull Case

The company's monthly trend indicators suggest a potentially constructive setup, with the Supertrend indicator showing a bullish signal on a monthly basis. This indicates that, over a longer timeframe, the price action has been in an uptrend. However, daily and weekly trend indicators are currently bearish, with moving averages and the Supertrend pointing downwards, suggesting short-term headwinds. The stock is trading below its 20-day and 50-day simple and exponential moving averages on a daily basis, and its 20-day and 50-day moving averages are also sloping downwards, reinforcing the current short-term bearish sentiment. Despite this, the monthly view offers a longer-term positive perspective.

- On a monthly basis, the Supertrend indicator is bullish, suggesting a long-term uptrend.
- The company's stock is currently trading below its 20-day and 50-day moving averages on a daily basis.
- Daily and weekly trend indicators, including the Supertrend and moving averages, are currently showing a bearish direction.

### Bear Case

The company's stock is exhibiting several technical indicators that suggest a cautious outlook. Daily trend analysis shows the closing price of ₹1189.4 is below both the 20-day Exponential Moving Average (EMA) of ₹1248.16 and the 50-day EMA of ₹1303.05. Furthermore, the Supertrend indicator is in a bearish direction at ₹1286.86. Weekly trend analysis also indicates a bearish Supertrend at ₹1452.6, with the 20-day EMA at ₹1332.04 and the 50-day EMA at ₹1384.82, both above the current price. The stock has experienced a -26% return over the past year and a -19% year-to-date return. The current drawdown stands at -30%, with a maximum drawdown of -32%.

- As of 2026-09-17, the daily Supertrend indicator is bearish at ₹1286.86, with the closing price of ₹1189.4 below the 20-day EMA (₹1248.16) and 50-day EMA (₹1303.05).
- The weekly Supertrend indicator is bearish at ₹1452.6, with the closing price below the 20-day EMA (₹1332.04) and 50-day EMA (₹1384.82).
- The stock has recorded a return of -26% over the last year and -19% year-to-date.
- The current drawdown is -30%, with a maximum drawdown recorded at -32%.

### FAQs

**What were Sobha's key financial results for the first quarter of fiscal year 2027?**

For Q1 FY27, Sobha Limited reported record real estate sales of ₹3,656 crores, a 76% increase year-on-year. Total income rose by 48% year-on-year to ₹1,330 crores. Profit after tax was ₹50.7 crores, up from ₹13.5 crores in Q1 FY26. The company also sold 2.34 million square feet during the quarter.

**How has Sobha's stock performed over different periods leading up to September 17, 2026?**

As of September 17, 2026, Sobha's stock has experienced varied returns across different timeframes. It showed a 1% return in the last day. However, over longer periods, it has seen declines: -10% in the last month, -16% in the last three months, -19% year-to-date, and -26% in the last year. The return since the start of trading is -24%.

**What is the current technical trend for Sobha Limited's stock?**

As of September 17, 2026, the daily trend for Sobha Limited's stock is indicated as bearish, with the Supertrend indicator at 1286.86 and a bearish direction. The 20-day Exponential Moving Average (EMA) is 1248.16 and the 50-day EMA is 1303.05, both above the current closing price of 1189.4. The weekly trend is also bearish, with the Supertrend at 1452.6.

**What is the status of the funds raised from Sobha's Rights Issue as of June 30, 2026?**

Sobha Limited raised ₹1,999.03 crore from its Rights Issue on July 11, 2024. As of June 30, 2026, the company had utilized ₹1,829.93 crore, leaving ₹169.10 crore unutilized. This deviation in fund utilization was reviewed by the Audit Committee on July 20, 2026.
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹1,187.37
- Risk regime: Price Risk Requires Attention

### Support levels
- 1198.7
- 1175.35
- 1136.75

### Resistance levels
- 1222.3874999999998
- 1305.4625
- 1335.759375

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +2.17% |
| return_10 | -3.49% |
| return_1m | -7.12% |
| return_1y | -25.42% |
| return_20 | -6.78% |
| return_3m | -14.84% |
| return_5 | -1.66% |
| return_6m | -6.07% |
| return_since_start | -22.74% |
| return_ytd | -16.93% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -32.00% |
| annualized_volatility | +35.12% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue Up 50% Year-on-Year; Sequential Decline Follows Prior-Year Pattern

Sobha Limited reported revenue from operations of ₹1,278.15 crore for the quarter ended 30 June 2026, a 50% increase from ₹851.93 crore in the same quarter last year. Profit before tax more than tripled to ₹69.26 crore from ₹18.65 crore. Compared to the previous quarter (Q4 FY2025-26), revenue declined 35.7% and profit before tax fell 43.2%, a pattern consistent with the prior fiscal year when Q1 was the weakest quarter and Q4 the strongest.

## Revenue Performance

Revenue from operations was ₹1,278.15 crore, down 35.7% from ₹1,987.84 crore in Q4 FY2025-26 but up 50.0% from ₹851.93 crore in Q1 FY2025-26. In the prior fiscal year, quarterly revenue followed a pattern where Q1 was the lowest and Q4 the highest. The current Q1 revenue is 50% above the Q1 of the previous year, indicating that the business has grown compared to the same period last year. The sequential decline from the Q4 peak is consistent with the pattern observed in the prior fiscal year, where Q1 was the lowest quarter and Q4 the highest.

## Profitability and Margins

Total expenses for the quarter were ₹1,260.91 crore, down 33.9% from ₹1,908.06 crore in Q4 but up 42.8% from ₹882.76 crore a year ago. The percentage decline in expenses was slightly smaller than the decline in revenue, causing profit before tax to fall 43.2% sequentially to ₹69.26 crore. On a year-over-year basis, expenses grew more slowly than revenue, allowing profit before tax to more than triple from ₹18.65 crore.

EBITDA (profit before tax plus finance costs of ₹32.12 crore and depreciation of ₹28.36 crore) was ₹129.74 crore, representing a margin of 10.15% of revenue. Net profit margin improved to 3.98% from 1.60% in Q1 FY2025-26. Finance costs were ₹32.12 crore, down 26.9% from ₹43.93 crore in the previous quarter. Interest coverage (profit before tax plus finance costs, divided by finance costs) stood at 3.16 times. Other income of ₹52.02 crore was included in profit before tax.

## Balance Sheet Position

Net segment assets as of 30 June 2026 were ₹20,242.57 crore, up 3.7% from ₹19,517.81 crore at the end of March 2026. Net segment liabilities rose 4.6% to ₹15,471.92 crore over the same period. The difference between assets and liabilities increased from ₹4,719.93 crore to ₹4,770.65 crore, a rise of ₹50.72 crore that closely matches the quarter’s net profit of ₹50.85 crore.

## Inter-Segment Revenue

Inter-segment revenue, representing sales of materials and services between Sobha’s manufacturing units and its development projects, was ₹64.50 crore. This was down 12.7% from ₹73.88 crore in Q4 but up 11.8% from ₹57.67 crore a year earlier. The level of inter-segment activity remains broadly in line with recent quarters, indicating continued internal sourcing from the company’s backward-integrated manufacturing operations.

## Key Takeaway

Sobha’s first quarter results show a 50% increase in revenue and a more than threefold rise in profit before tax compared to the same period last year, pointing to business growth. The sequential decline from the previous quarter follows the pattern observed in the prior fiscal year, where Q4 was the strongest quarter for revenue and Q1 the weakest. Net profit margin improved year-on-year, and the balance sheet expanded modestly, with the increase in net segment assets minus liabilities closely tracking the quarter’s profit. The quarter’s results demonstrate that the company is operating at a higher revenue and profit base than a year ago, with the seasonal Q1 softness repeating as expected.

### Ratios

## Official filings

- 2026-07-27 — Generic Announcement: Sobha Limited reported record Q1 FY27 real estate sales of INR 3,656 crores, a 76% year-on-year increase, with 2.34 million square feet sold. The company achieved its highest ever quarterly sales value, driven by strong performance in Bangalore and NCR. Total income for the quarter was INR 1,330 crores, up 48% year-on-year, with profit after tax at INR 50.7 crores compared to INR 13.5 crores in Q1 FY26. Sobha Limited also announced plans to launch approximately 8.2 million square feet across 9 projects in the remaining period of FY27. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_27072026144913_SOBHA_Q1_FY27_Con-Call_Script.pdf)
- 2026-07-21 — Generic Announcement: Sobha Limited published a newspaper advertisement on July 21, 2026, regarding its un-audited financial results for the quarter ended June 30, 2026. This action complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_21072026111423_SOBHANewspaperAdvertisementQ1FY2027.pdf)
- 2026-07-21 — Generic Announcement: Sobha Limited has made available the audio recording of a conference call held on July 21, 2026. The call was with Analysts and Institutional Investors to discuss the company's operational and financial performance for the quarter ended June 30, 2026. The recording is accessible on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_21072026195317_Audio-recording-of-Conference-Call.pdf)
- 2026-07-20 — Generic Announcement: Sobha Limited reported a deviation in the utilization of funds from its Rights Issue, which raised INR 1,999.03 crore on July 11, 2024. For the quarter ended June 30, 2026, the company utilized INR 1,829.93 crore, with INR 169.10 crore remaining unutilized. The Audit Committee reviewed this statement on July 20, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_20072026165136_StatementofDeviationorVariation.pdf)
- 2026-07-20 — Press Release: SOBHA Limited reported record sales of over ₹3,600 crore for Q1 FY27, a 76% year-over-year increase. Revenue grew 48% YoY to ₹13.30 billion, and Profit After Tax (PAT) surged 274% YoY to ₹0.51 billion. Collections increased 8% YoY to ₹19.24 billion, while new area sold grew 62% YoY to 2.34 million sq. ft. The company also launched 6.89 million sq. ft. of saleable area across three projects. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_20072026180415_SOBHA-Ltd_Q1-FY27_Press-Release.pdf)
- 2026-07-20 — Generic Announcement: On July 20, 2026, SOBHA Limited's Board of Directors approved the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The board also approved the issuance of non-convertible debentures up to ₹1,000 crore on a private placement basis. The company is also involved in ongoing legal proceedings concerning a joint development agreement in Gurugram, where land parcels valued at approximately ₹2,016.05 million were provisionally attached by the Enforcement Directorate, and a tax search by the Income Tax Department resulted in aggregate demand orders of approximately ₹842 million. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_20072026161815_SOBHAOutcomeofBM20072026.pdf)
- 2026-07-20 — Earnings Presentation: Sobha Limited has released its investor presentation for the quarter ended June 30, 2026, detailing financial performance and operational highlights. The company reported a total revenue of ₹13.30 billion and a Profit After Tax (PAT) of ₹0.51 billion for Q1 FY27. Key operational metrics include sales area of 2.34 million sq ft and total operational cashflow of ₹19.24 billion. The company also announced new project launches in Hoskote (Bangalore), Chikka Tirupati (Bangalore), and Sector 63A (Gurgaon). — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_20072026175828_SOBHA_Investor_Presentation_Q1_FY27.pdf)
- 2026-07-20 — Generic Announcement: Sobha Limited's Monitoring Agency Report for the quarter ended June 30, 2026, issued by ICRA Limited, confirms no deviation in the utilization of Rights Issue proceeds totaling INR 1984.250 Crore. The report details the deployment of funds across ongoing projects, land acquisition, and general corporate purposes, with a total of INR 1777.745 Crore utilized and INR 169.101 Crore unutilized as of the reporting date. Unutilized funds are primarily held in fixed deposits with various banks. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_20072026170303_Monitoring_agency_report_Q1_FY2026-27.pdf)
- 2026-07-20 — Generic Announcement: On July 20, 2026, SOBHA Limited's Board of Directors approved the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The board also approved the issuance of non-convertible debentures up to ₹1,000 crore on a private placement basis. The company is also involved in ongoing legal proceedings concerning a joint development agreement in Gurugram, where land parcels valued at approximately ₹2,016.05 million were provisionally attached by the Enforcement Directorate, and a tax search by the Income Tax Department resulted in aggregate demand orders of approximately ₹842 million. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_20072026163827_SOBHAOutcomeofBM20072026.pdf)
- 2026-07-18 — Generic Announcement: Sobha Limited held its 31st Annual General Meeting on July 18, 2026, via video conferencing. The meeting addressed six ordinary business items, including the adoption of financial statements for the year ended March 31, 2026, declaration of a dividend of ₹6 per equity share, and re-appointment of directors. Special business included ratification of cost auditor remuneration and re-appointment of the Managing Director for a five-year term. A special resolution was also passed for the issue of Non-Convertible Debentures on a private placement basis. E-voting was conducted from July 14 to July 17, 2026, with results to be disseminated separately. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_18072026143844_AGM_Proceeding_2026.pdf)
- 2026-07-18 — Generic Announcement: SOBHA Limited held its 31st Annual General Meeting on July 18, 2026, conducted via video conference. The meeting transacted businesses electronically, with remote e-voting occurring from July 14-17, 2026. All seven resolutions presented, including the adoption of financial statements, declaration of dividend, re-appointment of directors Mr. Ravi PNC Menon, Mr. Jagadish Nangineni, and Mr. Raman Mangalorkar, ratification of cost auditor remuneration, and the issuance of non-convertible debentures, were passed by shareholders with a significant majority. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_18072026170524_Voting_Results_AGM_2026.pdf)
- 2026-07-15 — Generic Announcement: Sobha Limited will hold a conference call on July 21, 2026, at 5:00 PM IST to discuss its operational and financial performance for the quarter ended June 30, 2026. The call will include participation from the Managing Director and Chief Financial Officer. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_15072026162334_Con_Call_Intimation_Q1_FY_2026-27.pdf)
- 2026-07-06 — Generic Announcement: Sobha Limited received a certificate from its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, confirming compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This certificate covers the quarter ended June 30, 2026, and confirms that dematerialized securities were processed and listed on stock exchanges. The process involved verification, mutilation, and cancellation of old certificates, with depositories substituted as registered owners within prescribed timelines. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_06072026174057_Regulation-74_5__June_26.pdf)
- 2026-07-03 — Generic Announcement: Sobha Limited reported its real estate operational update for the quarter ended June 30, 2026, achieving a record quarterly sales value of ₹36,561 million, an increase of 76% compared to Q1 FY26. The company also recorded its highest ever quarterly sales value share of ₹29,921 million. Key drivers included new project launches such as SOBHA OneWorld and Sacred Grove in Bangalore, and SOBHA Crescent in Gurgaon. Bangalore led sales with ₹20,670 million, followed by the NCR region with ₹13,840 million. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_03072026210346_SOBHA_Operational_Update_Q1_FY_2027.pdf)
- 2026-06-27 — Generic Announcement: Sobha Limited will hold its 31st Annual General Meeting on July 18, 2026, via video conference. The Annual Report for 2025-26 has been dispatched, and the record date for dividend entitlement is July 10, 2026. A final dividend of ₹6.00 per share is proposed, payable within 30 days of AGM approval. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_27062026150450_Sobha_Newspaper_Advertisement.pdf)
- 2026-06-26 — Generic Announcement: Sobha Limited will hold its 31st Annual General Meeting on July 18, 2026, via video conference. Key agenda items include adopting financial statements for the year ended March 31, 2026, declaring a final dividend of ₹6 per equity share, and re-appointing directors Ravi PNC Menon and Jagadish Nangineni. The company also plans to seek approval for raising funds up to ₹1,000 crore through Non-Convertible Debentures on a private placement basis. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_26062026174144_SOBHA_AGM_NOTICE_FY2026.pdf)
- 2026-06-26 — Generic Announcement: SOBHA Limited announced on June 26, 2026, the publication of a newspaper advertisement regarding a special window for the transfer and dematerialization of physical shares, open until February 04, 2027, as per SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This facility is for physical securities transfer and demat of shares sold or purchased before April 01, 2019. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_26062026161103_Newspaper_Advertisement.pdf)
- 2026-06-26 — Generic Announcement: Sobha Limited has scheduled its Thirty-first Annual General Meeting for July 18, 2026, to be held via Video Conferencing. The company has set July 10, 2026, as the Record Date to determine eligibility for a final dividend of ₹ 6 per equity share for the Financial Year 2025-26, subject to declaration at the AGM and applicable tax deductions. The Cut-off Date for voting entitlement at the AGM is July 11, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_26062026175550_COVERING_LETTER_RECORD_DATE_FINAL__DIVIDEND_.pdf)
- 2026-06-26 — Generic Announcement: Sobha Limited will close its trading window from July 01, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter ended June 30, 2026. This closure, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, restricts designated persons and their immediate relatives from trading in the company's securities. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_26062026152016_SE_Trading_Window_Closure.pdf)
- 2026-06-24 — Generic Announcement: Sobha Limited has published newspaper advertisements on June 24, 2026, in Business Line and Prajavani, announcing its 31st Annual General Meeting scheduled for July 18, 2026. The advertisements are also available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_24062026160601_SE_Intimation_newspaper_adv.pdf)
- 2026-06-02 — Generic Announcement: SOBHA Limited will transfer unclaimed dividends and corresponding equity shares from the Financial Year 2018-19 to the Investor Education and Protection Fund (IEPF) by October 15, 2026, if not claimed by shareholders by September 15, 2026. The company has published newspaper advertisements and uploaded shareholder details on its website. — [Official attachment](https://nsearchives.nseindia.com/corporate/SOBHA_02062026161955_SE_Letter_Newspaper_Publication.pdf)
- 2026-05-26 — Official Filing: Sobha Limited submitted a yearly disclosure for the Financial Year ended March 31, 2026, from its Promoters, as required by Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was sent to BSE Limited and The National Stock Exchange of India Limited on April 06, 2026.
- 2026-05-09 — Official Filing: SOBHA Limited reported record real estate sales of INR 8,136 crores for FY26, with an average price realization of INR 14,675 per square foot, a 9.4% increase year-over-year. The company plans to launch approximately 10 million square feet in FY27, projecting a similar growth rate to FY26. For Q4 FY26, total income was INR 2,030 crores, with EBITDA at INR 194 crores and PAT at INR 92 crores. The company ended FY26 with a net cash position of INR 800 crores, with INR 1,802 crores in cash and cash equivalents against INR 1,002 crores in gross debt.
- 2026-05-05 — Official Filing: Sobha Limited has made available the audio recording of a conference call held on May 05, 2026. The call was with Analysts and Institutional Investors to discuss the company's operational and financial performance for the quarter and financial year ended March 31, 2026. The recording is accessible on the company's website.
- 2026-05-05 — Official Filing: Sobha Limited announced its audited financial results for the quarter and fiscal year ended March 31, 2026, via newspaper advertisements published on May 5, 2026. The company submitted these results, which were reviewed by the Audit Committee and approved by the Board of Directors on May 4, 2026, to the BSE Limited and the National Stock Exchange of India Limited.

## News and market events

- 2026-09-11 — FREEPRESSJOURNAL.IN: **Mumbai Beckons: Why India’s Leading Developers Are Expanding Into The Country’s Most Competitive Real Estate Market** — Mumbai’s luxury housing demand and redevelopment potential are attracting leading national developers. Luxury homes priced at Rs 10 crore and above recorded Rs 18,512 crore in sales in H1 2026, while redevelopment is unlocking new supply. Developers are increasingly using JVs, partnerships and development agreements to enter the market. — [Source](https://www.freepressjournal.in/mumbai/mumbai-beckons-why-indias-leading-developers-are-expanding-into-the-countrys-most-competitive-real-estate-market)
- 2026-08-23 — Economic Times: **Sales bookings of 28 major listed realty firms fall 21% to Rs 40,000 crore in Apr-Jun; Godrej tops chart** — A recent analysis revealed that leading Indian real estate firms experienced a twenty-one percent decline in sales bookings, primarily due to a reduction in housing project launches amid ongoing global economic challenges. Godrej Properties took the lead as the top developer based on sales figures. While numerous companies reported increases, others struggled significantly. Analysts expect a rebound in sales may begin in the second quarter. — [Source](https://economictimes.indiatimes.com/industry/services/property-/-cstruction/sales-bookings-of-28-major-listed-realty-firms-fall-21-to-rs-40000-crore-in-apr-jun-godrej-tops-chart/articleshow/133437603.cms)
- 2026-08-04 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: Nifty Realty down 2%; Prestige Estate, Oberoi Realty top losers** — Stock Market LIVE Updates: Today's session is not only the weekly options expiry session for the Nifty 50 contracts, but is also set to see supply of paper worth nearly ₹36,000 crore, which includes the mega LIC Offer for Sale (OFS). Earnings season is drawing to a close and therefore, companies are making a beeline to report numbers as well. Adding to that is the confusion surrounding the Closing Auction Session. Watch this space for all the LIVE stock market updates. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-banks-midcaps-lic-paytm-meesho-kalyan-arvind-bharti-bse-share-price-liveblog-19960944.htm)
- 2026-07-23 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty around 23,950; Cipla down 1% after results** — Sensex Today | Stock Market LIVE Updates:  The markets have managed to recover from the lows of the day, however, the benchmark indices remain in red. The Nifty is down over 50 points and is aiming to reclaim the 24,000 mark. The Nifty Bank is down around 500 points, dropping to 56,600. Dr Reddy's Nestle and Shriram Fin are the top laggards. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-crude-hpcl-drl-indusind-eternal-infosys-sona-blw-share-price-liveblog-19951892.htm)
- 2026-07-21 — The Hindu: **Sensex today | Stock Market Live: Sensex drops 250 pts, Nifty below 24,200; HDFC Bank lead losers** — Sensex, Nifty, Share Prices LIVE: At 11.03 am, Sensex traded 212.51 pts or 0.27% lower at 77,496.01; and Nifty 50 dipped 46.05 pts or 0.19% to 24,192.45. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-21st-may-2026/article71245381.ece)
- 2026-07-21 — Mint: **Multibagger realty stock Sobha share price jumps 7%, then wipes out gains despite 292% profit surge in Q1 results** — Sobha share price fluctuated, gaining 4% in one month but dropping 13% yearly. Q1 FY27 reported a 292% net profit surge, with robust operations and a  ₹1,000 crore NCD issuance plan. — [Source](https://www.livemint.com/market/stock-market-news/multibagger-realty-stock-sobha-share-price-jumps-7-then-wipes-out-gains-despite-292-profit-surge-in-q1-results-11784607179715.html)
- 2026-07-21 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty remains volatile; Karur Vysya Bk up 10%** — Sensex Today | Stock Market LIVE Updates: The markets are moving with extreme caution, and the Nifty is trading around 24,250 with limited movement. The Nifty Bank is also relatively flat with a positive bias and has touched the 58,000 mark. Tech Mahindra, IndiGo and Ultratech are the top gainers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-expiry-today-hdfc-bank-bajaj-auto-paytm-ather-midcaps-share-price-liveblog-19950047.htm)
- 2026-07-21 — The Hindu: **Q1 Results Today Live: Bajaj Auto, Granules, Adani Energy, TVS Motor, ATGL, CRISIL, Mastek, IndiaMART, Cyient DLM, Sagility, Canara Robeco to announce Q1 results, UltraTech, Paytm, IOB, KVB, Sobha in focus** — Q1 Results Today, 21st July 2026 Live Updates: Catch live updates — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-bajaj-auto-adani-energy-tvs-motor-atgl-tvs-holdings-crisil-mastek-indiamart-abslamc-ultratech-paytm-iob-kvb-sobha-sagility-cyient-dlm-results-21-july-2026/article71244506.ece)
- 2026-07-21 — Mint: **Stocks to watch: Bajaj Auto, Adani Energy, Paytm among shares in focus today; check list here** — Stock market today: Gift Nifty was trading near the 24,154 mark, down over 105 points from the previous close of Nifty futures. — [Source](https://www.livemint.com/market/stock-market-news/stocks-to-watch-bajaj-auto-adani-energy-paytm-among-shares-in-focus-today-check-list-here-11784599165925.html)
- 2026-07-21 — CNBC-TV18: **Q1 Results LIVE Updates: Paytm, Sobha react to results; Bajaj Auto, TVS, M&M Fin report today** — Q1 Results LIVE Updates: Nifty 50 company Bajaj Auto is reporting its earnings today. TVS Motor, M&M Financial, Aavas Financiers, Indian Hotels, AB Sunlife AMC, Adani Energy, Arvind Fashions, Bandhan Bank, Adani Total, Canara Robeco AMC, Cyient DLM, Crisil, Gabriel India, Hatsun Agro, Granules India, Indiamart, Mastek, JSW Infra, Mastek, NIIT, Medplus Health, Sagility, Sunteck Realty, Welspun Specialty, Trident, are among the other incoming results today. Paytm, Canara HSBC Life among others react to their results as well. Watch this space for all the LIVE Q1 updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-bajaj-auto-paytm-tvs-mm-fin-bandhan-indian-hotels-adani-rallis-indiamart-cyient-dlm-share-price-liveblog-19950068.htm)

## Business profile

**Strategic vision:** Indian real estate developer with integrated project development.

### Business segments
- **Residential Development:** This forms a significant part of Sobha's portfolio, encompassing luxury apartments, villas, and plotted developments undertaken in numerous cities across India.
- **Commercial Development:** Sobha develops commercial properties, including shopping malls and other retail, co-working, office, and entertainment spaces.
- **Contracting:** The contracting division provides end-to-end business services for corporate clients, covering design, civil, structural, MEP, interiors, and landscape development.
- **Manufacturing:** Through backward integration, Sobha's manufacturing units produce high-quality materials like precast concrete, metalwork, and glazing, serving internal needs and external entities.

### Competitive strengths
- In-house control over key aspects of real estate development through a backward-integrated business model.
- Manufacturing units that produce essential building materials and components for internal use and external sales.

## Related stocks

- [ABREL (Real Estate)](https://faxioms.com/stocks/abrel) — +0.42%
- [ANANTRAJ (Real Estate)](https://faxioms.com/stocks/anantraj) — +1.63%
- [BRIGADE (Real Estate)](https://faxioms.com/stocks/brigade) — +0.14%
- [DLF (Real Estate)](https://faxioms.com/stocks/dlf) — +1.64%
- [GODREJPROP (Real Estate)](https://faxioms.com/stocks/godrejprop) — +1.29%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/sobha
Markdown representation: https://faxioms.com/stocks/sobha?render=md