Sobha Limited
₹1,125.10-₹32.85 (-2.8%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹16,390 Cr
- P/E
- 72.1x
- EV / EBITDA
- 41.4x
- Revenue
- ₹4,067 Cr
- Net margin
- 1.5%
- ROCE
- 5.9%
Price chart
Technical chartScreen technicals →-28.7% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -7.8%
- 3M
- -16.3%
- 6M
- -21.4%
- 1Y
- -28.7%
- 5Y
- +18.3%
52-week range
Day change -₹32.85 (-2.8%) from ₹1,158 to ₹1,125 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in SOBHA, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Maintains healthy dividend payout of 61.0%
Concerns1
- Low interest coverage ratio of 1.1x
Rule-based from financial data. Not advice.
About the company
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.
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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.
- Sector
- Construction & Real Estate
- Shares outstanding
- 10.7 Cr shares
- ISIN
- INE671H01015
- BSE code
- 532784
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹16,390 Cr
- P/E
- 72.1x
- P/B
- 3.6x
- EV / EBITDA
- 41.4x
- EV / Sales
- 5.1x
- P/S
- 5.3x
- Earnings yield
- 1.4%
- 52-week high
- ₹1,701.05
- 52-week low
- ₹1,125.10
Profitability
- Operating margin
- 8.2%
- Net margin
- 1.5%
- EBITDA margin
- 12.4%
- ROE
- 2.0%
- ROCE
- 5.9%
- ROA
- 0.4%
- Dividend payout
- 61.0%
- Tax rate
- 32.0%
- Other income, % of PBT
- 192.6%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹4,067 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 31.5%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -3.8%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹383 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -12.6%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 138.3%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -30.5%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹684 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -41.7%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹8.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 8.7%
Solvency and efficiency
- Current ratio
- 1.41
- Debt / Equity
- 0.80
- Debt / Assets
- 0.14
- Debt / EBITDA
- 4.92
- Interest coverage
- 1.05
- Financial leverage
- 5.59
- CFO / Net profit
- 14.55
- Cash / Market cap
- 74.1%
- Cash per share
- ₹1,135.21
- Asset turnover
- 0.23
- Fixed asset turnover
- 5.36
- Capital intensity
- 0.19
- Debtor days
- 23 days
- Cash conversion cycle
- 23 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹3 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹3,775 Cr |
| Sales | Operating profit | ₹292 Cr |
| Operating profit | Interest | ₹188 Cr |
| Operating profit | Depreciation | ₹86 Cr |
| Operating profit | Profit before tax | ₹18 Cr |
| Other income | Profit before tax | ₹136 Cr |
| Profit before tax | Tax and other | ₹42 Cr |
| Profit before tax | Net profit | ₹112 Cr |
Revenue and net profit
Revenue grew 31.5% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹2,097 Cr | ₹66 Cr |
| FY2022 | ₹2,547 Cr | ₹169 Cr |
| FY2023 | ₹3,328 Cr | ₹95 Cr |
| FY2024 | ₹3,092 Cr | ₹47 Cr |
| FY2025 | ₹4,067 Cr | ₹112 Cr |
Cash flows
FY2025: ₹178 Cr from operations, -₹1,003 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹641 Cr | ₹549 Cr |
| FY2022 | ₹803 Cr | ₹797 Cr |
| FY2023 | ₹1,173 Cr | ₹897 Cr |
| FY2024 | ₹684 Cr | ₹156 Cr |
| FY2025 | ₹178 Cr | -₹1,003 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹4,067 Cr+31.5%1Y
- Net profit
- ₹112 Cr+138.3%1Y
- Cash from operations
- ₹178 Cr
- Free cash flow
- -₹1,003 Cr-742.9%1Y
- Revenue CAGR, 5Y
- -3.8%
- EBITDA CAGR, 5Y
- -20.2%
- Net profit CAGR, 5Y
- -30.5%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹4,067 Cr | ₹292 Cr | — | ₹112 Cr | ₹178 Cr | -₹1,003 Cr | 2.5% | +31.5% | +138.3% |
Monthly returns
Month-by-month returns of SOBHA across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹16,546 Cr |
| Equity capital | ₹107 Cr |
| Reserves | ₹4,315 Cr |
| Borrowings | ₹1,139 Cr |
| Other liabilities | ₹10,986 Cr |
| Assets | ₹16,546 Cr |
| Fixed assets | ₹639 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹448 Cr |
| Other assets | ₹15,459 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
SOBHA trades at 72.1x earnings against a peer median of 55.8x (a 29% premium).
Not shown (no positive earnings and no EV / Sales): EMBASSY DEVELOPMENTS LIMITED, GMR Power and Urban Infra Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Sobha LimitedSOBHAthis companyP/E ↑ premium | ₹16,390 Cr | 72.1x | 3.6x | 2.0% | 41.4x |
| Garden Reach Shipbuilders & Engineers LimitedGRSE | ₹28,034 Cr | 45.5x | 12.2x | 21.3% | 48.9x |
| Brigade Enterprises LimitedBRIGADE | ₹20,935 Cr | 51.8x | 3.4x | 7.5% | 32.9x |
| Anant Raj LimitedANANTRAJ | ₹20,405 Cr | 76.3x | 5.1x | 3.8% | 102.7x |
| SIGNATUREGLOBAL (INDIA) LIMITEDSIGNATURE | ₹13,483 Cr | 203.0x | 14.3x | 2.5% | 133.5x |
| EMBASSY DEVELOPMENTS LIMITEDEMBDL | ₹10,016 Cr | — | 0.9x | 46.6% | 644.2x |
| WeWork India Management LimitedWEWORK | ₹8,005 Cr | 45.4x | — | 30.4% | 7.6x |
| Mahindra Lifespace Developers Ltd.MAHLIFE | ₹7,835 Cr | 451.0x | 2.7x | -2.5% | -159.0x |
| GMR Power and Urban Infra LimitedGMRP&UI | ₹7,586 Cr | — | 3.8x | 124.3% | 9.8x |
| Peer median | — | 55.8x | 3.7x | 6.8% | 32.9x |
Year-to-date ROI
SOBHA since 1 January, against earlier years.
Historical volatility
SOBHA's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 30.0% |
| FY2022 | 20.0% |
| FY2023 | 10.0% |
| FY2024 | 8.0% |
| FY2025 | 7.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹4,067 Cr |
| Costs | |
| Interest | ₹188 Cr |
| Expenses | ₹3,774 Cr |
| Operating profitOperating Profit | ₹292 Cr |
| Other income and charges | |
| Profit before tax | ₹154 Cr |
| Tax | |
| Net profitNet Profit | ₹112 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹16,546 Cr |
| Equity capitalEquity Capital | ₹107 Cr |
| Reserves | ₹4,315 Cr |
| Borrowings | ₹1,139 Cr |
| Other liabilitiesOther Liabilities | ₹10,986 Cr |
| AssetsTotal Assets | ₹16,546 Cr |
| Fixed assetsFixed Assets | ₹639 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹448 Cr |
| Other assetsOther Assets | ₹15,459 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹178 Cr |
| Investing cash flowCash from Investing Activity | -₹1,181 Cr |
| Financing cash flowCash from Financing Activity | ₹1,010 Cr |
| Change in cashNet Cash Flow | ₹8 Cr |
Learn while you research
Academy chapters picked for Sobha Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 72.1, learn when high multiples are justified.6 min read
- 04 Growth Investing32% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 06 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read