Sobha share price
NSE: SOBHABSE: 532784RealtySmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹1,195.60.
28 Oct: open ₹1,179.00, high ₹1,179.80, low ₹1,155.00
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹12,407 Cr424th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 64.93
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.62
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.52%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 4.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 3.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.32
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 52,82333.7% delivered
About Sobha
Sobha Limited is a Bengaluru-based real estate developer that builds homes, commercial spaces and institutional projects in India.12 It also takes construction contracts from companies and institutions, and makes building materials such as glazing and metal works, interiors and concrete products for its own projects and for outside clients.3
Its residential and commercial projects carry the SOBHA brand; it makes mattresses under the Sobha Restoplus brand and sells interior packages for furnishing homes under metercube.34 Sobha keeps design, engineering, manufacturing and construction in-house, down to the precast structural parts, glazing and interiors made in its own factories.5 It operates in 28 cities across 14 states.6
Sobha was founded in 1995 by PNC Menon, now its Chairman Emeritus.178 Ravi PNC Menon is chairman of the SOBHA Group.9 The company listed its shares in an initial public offering in December 2006, and raised more through a qualified institutional placement (a share sale to large institutions) in July 2009 and a rights issue (new shares offered to existing shareholders) in August 2024.7 In the year to Mar 2026 it entered Mumbai with SOBHA Inizio and Greater Noida with SOBHA Aurum.9
Sobha key points
Results
- In the quarter to Sep 2026, total income (revenue plus other income) was ₹1,017 crore, against ₹1,469 crore a year earlier; EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹119 crore and profit after tax ₹33 crore.10
- In the half year to Sep 2026, total income was ₹2,347 crore, EBITDA ₹249 crore and profit after tax ₹84 crore.11
- In the year to Mar 2026, consolidated total income was ₹53,838 million, EBITDA ₹5,033 million and profit after tax ₹1,934 million, up 104.26% on the year before.1213
- At the end of Sep 2026, gross debt was ₹1,505 crore against cash and equivalents of ₹1,827 crore, leaving net cash (cash above borrowings) of ₹322 crore.1415
Sales bookings
- Sales value (the value of homes booked) reached ₹5,862 crore in the half year to Sep 2026, up 47.2% and the highest for any half year in the company's history, from 3.76 million square feet across 2,260 units.16
- Sobha's own share of that sales value, net of landowners' shares, was a record ₹4,874 crore, and average realisation rose to ₹15,604 per square foot from ₹14,028 a year earlier.17
- In the year to Mar 2026, sales value rose 30% to ₹81.36 billion from ₹62.77 billion, and the company launched 6.04 million square feet across 9 projects in 6 cities.18
- Sales value by region, half year to Sep 202619
Item half year to Sep 2026 Bangalore ₹3,385 crore, about 58% National Capital Region ₹1,974 crore, about 34% Kerala ₹357 crore, about 6%
Business segments
- Real estate. Develops apartments, villas, row houses, townships and plotted developments, and leases its own commercial space; real estate revenue was ₹44,197 million in the year to Mar 2026, 82.1% of total income.202122
- Contractual and manufacturing. Builds commercial and institutional projects for clients such as Infosys, Dell, Biocon and ITC, and makes glazing, interiors and concrete products; revenue was ₹7,708 million in the year to Mar 2026, 16.7% of total income.2324
- Manufacturing and retail sales by division, year to Mar 2026, ₹ million25
Item year to Mar 2026 Glazing and metal works 1,893 Concrete products 980 Interiors 868 Retail sales 251 - The contracts, manufacturing and retail businesses had an external order book (orders received but not yet delivered) of ₹540 crore at the end of Sep 2026.26
Projects and land bank
- By the end of Sep 2026, Sobha had completed 156.45 million square feet across 599 developments and had 51.75 million square feet under development in 50 projects.2728
- Unsold homes in completed and ongoing projects came to 14.47 million square feet with a sale value of ₹228.72 billion, and revenue still to be recognised on homes already sold was ₹220.41 billion.2729
- Forthcoming launches add 20.42 million square feet across 18 projects, with a sale potential of ₹313.53 billion.2730
- Sobha's land bank for forthcoming and later projects is 347 acres across 8 cities, with a development potential of 35.97 million square feet.31
What the company expects
- On its earnings call of 19 Oct 2026, the company said it expects its EBITDA margin to be much higher than 15% in the half year to Mar 2027 and to move towards 20% from the year to Mar 2028.3233
- On its earnings call of 19 Oct 2026, the company said it expects profit after tax for the year to Mar 2027 to grow by at least 50% over the previous year.34
- On its earnings call of 19 Oct 2026, the company said it plans to deliver about 6 million square feet of homes in the year to Mar 2027.35
- The company stated in its annual report for the year to Mar 2026 that it aims for net operating cash flow close to ₹2,000 crore in the year to Mar 2027.36
Recent events
- On 20 Jul 2026, the board approved raising up to ₹10,00,00,00,000 through non-convertible debentures (bonds that cannot be turned into shares), issued in tranches by private placement.37
- On 30 Dec 2025, ICRA reaffirmed its AA- (Stable) credit rating (an agency's view of ability to repay debt) on ₹3,387.90 crore of bank facilities.3839
Litigation and regulatory matters
- The Enforcement Directorate has provisionally attached land parcels worth ₹2,016.05 million held by Technobuild Developers Private Limited, over which Sobha has rights under an agreement, alleging irregularities in the allotment and pricing of plots in a joint development township.40
- The attachment was confirmed and the company has appealed to the Appellate Tribunal; as of its results filing of 20 Jul 2026, the proceedings were pending.40
- After an Income Tax Department search in March 2023, the company received tax demands totalling ₹672 million; as of its annual report of 26 Jun 2026, its appeals were pending before the Commissioner of Income Tax (Appeals), Bangalore.41
Last updated
All 41 sources, each with its page
- 1. Annual report, 26 Jun 2026, page 5
- 2. Annual report, 26 Jun 2026, page 68
- 3. Annual report, 26 Jun 2026, page 27
- 4. Annual report, 26 Jun 2026, page 61
- 5. Annual report, 26 Jun 2026, page 7
- 6. Investor presentation, 19 Oct 2026, page 4
- 7. Investor presentation, 19 Oct 2026, page 3
- 8. Annual report, 26 Jun 2026, page 64
- 9. Annual report, 26 Jun 2026, page 24
- 10. Earnings call, 19 Oct 2026, page 5
- 11. Earnings call, 19 Oct 2026, page 5
- 12. Annual report, 26 Jun 2026, page 59
- 13. Annual report, 26 Jun 2026, page 27
- 14. Earnings call, 19 Oct 2026, page 5
- 15. Earnings call, 19 Oct 2026, page 4
- 16. Earnings call, 19 Oct 2026, page 3
- 17. Earnings call, 19 Oct 2026, page 3
- 18. Annual report, 26 Jun 2026, page 24
- 19. Earnings call, 19 Oct 2026, page 3
- 20. Annual report, 26 Jun 2026, page 59
- 21. Annual report, 26 Jun 2026, page 13
- 22. Annual report, 26 Jun 2026, page 181
- 23. Annual report, 26 Jun 2026, page 59
- 24. Annual report, 26 Jun 2026, page 13
- 25. Annual report, 26 Jun 2026, page 60
- 26. Earnings call, 19 Oct 2026, page 4
- 27. Investor presentation, 19 Oct 2026, page 4
- 28. Investor presentation, 19 Oct 2026, page 4
- 29. Investor presentation, 19 Oct 2026, page 23
- 30. Earnings call, 19 Oct 2026, page 3
- 31. Investor presentation, 19 Oct 2026, page 16
- 32. Earnings call, 19 Oct 2026, page 10
- 33. Earnings call, 19 Oct 2026, page 13
- 34. Earnings call, 19 Oct 2026, page 4
- 35. Earnings call, 19 Oct 2026, page 13
- 36. Annual report, 26 Jun 2026, page 63
- 37. Exchange filing, 20 Jul 2026, page 1
- 38. Exchange filing, 30 Dec 2025, page 1
- 39. Exchange filing, 30 Dec 2025, page 3
- 40. Exchange filing, 20 Jul 2026, page 4
- 41. Annual report, 26 Jun 2026, page 135
Results
Consolidated; ₹ crore.Sobha quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +9.6%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +28.5%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹967 Crdown 24.34%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹33 Crdown 35.18%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 3.4%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,224 | 1,241 | 852 | 1,408 | 943 | 1,988 | 1,278 | 967 |
| Net profit | 22 | 41 | 14 | 73 | 15 | 92 | 51 | 33 |
| Net margin | 1.8% | 3.3% | 1.6% | 5.2% | 1.6% | 4.6% | 4.0% | 3.4% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹5,190 Crup 28.52%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹193 Crup 104.26%
- Net margin
- 3.7%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,279 | 2,820 | 3,442 | 3,754 | 2,110 | 2,731 | 3,310 | 3,097 | 4,039 | 5,190 |
| Net profit | 161 | 217 | 297 | 282 | 62 | 117 | 104 | 49 | 95 | 193 |
| Net margin | 7.1% | 7.7% | 8.6% | 7.5% | 3.0% | 4.3% | 3.1% | 1.6% | 2.3% | 3.7% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Real estateReal estate, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹4,420 Crup 30.83%81.1%
- Contractual and manufacturingContractual and manufacturing, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,028 Crup 23.88%18.9%
Valuation
Today, against the company's own history.Sobha PE ratio and valuation
At or below today's level on 63% of 2,457 trading days over the last 10 years.
At or below today's level on 55% of 1,870 trading days since Nov 2018.
At or below today's level on 52% of 2,450 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −2.5% | +104.2% | −52.5% | 0.5% |
| 3 years | +40.5% | +18.1% | +18.8% | 0.3% |
| 5 years | +22.5% | +22.5% | −0.3% | 0.4% |
Mutual fund holdings
93 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 46 of the 55 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 93 funds holding Sobha
- AddedAdded. Funds that held more shares than at the end of the month before.
- 20
- CutCut. Funds that held fewer shares than at the end of the month before.
- 35
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 38
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 3
| Fund | |||
|---|---|---|---|
| 67,52,588 | 2.30% | ₹824.9 Cr | |
| 25,00,000 | 2.93% | ₹305.4 Cr | |
| 15,13,099 | 1.30% | ₹184.8 Cr | |
| 13,88,962 | 0.91% | ₹169.7 Cr | |
| 12,58,406 | 0.83% | ₹153.7 Cr | |
| 11,05,214 | 0.97% | ₹135.0 Cr | |
| 10,61,465 | 0.88% | ₹129.7 Cr | |
| 10,28,499 | 1.98% | ₹125.6 Cr | |
| 9,52,452 | 0.42% | ₹116.4 Cr | |
| 6,74,975 | 0.40% | ₹82.5 Cr |
Promoter and insider buying and selling
Trades made since 29 Oct 2025.Sobha insider trading
- Promoters and promoter group1 purchase, 0 sales₹0.43 CrNo saleNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.₹0.43 Cr
Sobha competitors and peers
Residential, Commercial Projects, 171 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Sobha in market cap.Real estate companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 47,805 | 35.43 | 2.47 | +50.0% | −12.9% | 7.2% | −1.4% | 0.63% | |
| 17,564 | 25.28 | 2.58 | +4.8% | −7.6% | 11.2% | 8.5% | 0.37% | |
| 16,693 | 27.94 | 2.76 | +12.3% | +21.2% | 11.4% | 9.6% | 0.22% | |
| 13,873 | – | – | – | – | – | – | 0.00% | |
| 12,019 | 41.04 | 5.91 | – | – | 15.5% | 16.2% | 0.33% | |
| 11,770 | – | 2.57 | −26.2% | – | – | −2.6% | 0.24% | |
| 9,873 | 9.46 | 5.34 | −23.0% | +710.6% | 81.0% | −3.3% | 0.00% | |
| 8,434 | – | 3.49 | +16.6% | – | – | −0.3% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Sobha dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 10 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹6.00 |
| 11 Jul 2025 | Final | ₹3.00 |
| 26 Jul 2024 | Final | ₹3.00 |
| 28 Jul 2023 | Final | ₹3.00 |
| 28 Jul 2022 | Final | ₹3.00 |
| 29 Jul 2021 | Final | ₹3.50 |
Latest announcements
Routine notices left out.Sobha announcements
Oct 2026
19 Oct · Business
19 Oct · Results
Sobha share price by year
Each calendar year to 2025.Sobha share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 1,459.30 | −7.4% | 1,701.20 | 1,094.60 |
| 2024 | 1,576.70 | +60.0% | 2,181.15 | 1,010.55 |
| 2023 | 985.70 | +71.1% | 1,070.30 | 419.95 |
| 2022 | 576.10 | −35.7% | 1,022.25 | 492.65 |
| 2021 | 895.45 | +116.0% | 951.50 | 401.70 |
| 2020 | 414.65 | +3.3% | 451.25 | 130.65 |
| 2019 | 401.50 | −11.8% | 580.80 | 385.90 |
| 2018 | 455.30 | −26.4% | 610.00 | 389.90 |
| 2017 | 619.00 | +152.0% | 627.85 | 252.15 |
| 2016 | 245.60 | −20.9% | 337.15 | 230.25 |
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 1,145.20 | 1,206.00 | 1,143.80 | 1,195.60 | 1,173.24 | 98,512 | 45.8% |
| 26 Oct 2026 | 1,170.00 | 1,171.10 | 1,116.80 | 1,145.20 | 1,135.68 | 3,93,166 | 37.4% |
| 23 Oct 2026 | 1,182.90 | 1,185.90 | 1,137.00 | 1,173.40 | 1,161.41 | 96,876 | 34.2% |
| 22 Oct 2026 | 1,187.00 | 1,206.60 | 1,167.00 | 1,196.10 | 1,194.84 | 4,25,682 | 48.2% |
| 21 Oct 2026 | 1,148.80 | 1,230.00 | 1,112.10 | 1,211.90 | 1,159.44 | 8,30,419 | 21.0% |
| 19 Oct 2026 | 1,192.70 | 1,205.60 | 1,172.00 | 1,176.00 | 1,179.04 | 1,64,715 | 74.2% |
| 16 Oct 2026 | 1,191.00 | 1,195.30 | 1,183.00 | 1,188.40 | 1,189.69 | 2,69,905 | 78.7% |
| 15 Oct 2026 | 1,206.20 | 1,221.20 | 1,181.10 | 1,190.80 | 1,202.80 | 2,15,884 | 46.9% |
| 14 Oct 2026 | 1,183.80 | 1,215.90 | 1,175.00 | 1,205.10 | 1,203.72 | 1,07,082 | 37.2% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Buyback and rights issue history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 19 Jun 2024 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
Company details
- NSE symbol
- SOBHA
- BSE code
- 532784
- ISIN
- INE671H01015
- Industry
- Realty
- Website
- www.sobha.com
- CIN
- L45201KA1995PLC018475
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1995
- Registered office
- 'SOBHA', Sarjapur - Marathahalli Outer Ring Road (ORR), Devarabisanahalli, Bellandur Post, Bengaluru 560103, Karnataka
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments