āagman

Not investment advice. Data and computed figures, for information only.

Sobha Ltd

NSE: SOBHA
₹1,188.40
−₹2.40 (−0.20%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹12,422 Cr
CMP
₹1,188.40
52-wk High / Low
₹1,732 / 1,130
P/E
53.9
P/B
2.6
Book Value
₹441.0
Div Yield
0.52%
ROCE
7.0%
ROE
4.2%
Face Value
₹10
D/E
0.22

Price−17.9% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
7
/ 9
7 of 9 F-score tests passed
Graham Number
₹424
√(22.5 × EPS × book value per share)
ROIC
2.6%
vs 4.1% sector median
Cash flow to profit
2.23
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+329
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
3.0%
ROE × earnings retention ratio
ROE stability
1.9
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.11DII −0.11
Latest quarter vs the previous one
Cash-accrual divergence
−1.3%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 51.5% since FY2016 (2180 to 1057)
+Promoter holding rose by 0.6pp over the last year
+Piotroski F-Score of 7/9 is in the strong band (≥7)
Watch-outs
−Price trades below its 200-day moving average (0.9x)
−Price is 31.4% below its 52-week high

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9087416857636409341,2241,2418521,4089431,9881,278
Expenses8436666117015848561,1571,1478281,3129051,8361,201
Operating Profit657574625677679424963915278
OPM %7.2%10.1%10.8%8.1%8.8%8.2%5.5%7.6%2.8%6.8%4.1%7.6%6.1%
Other Income31322928293233304962404252
Interest61646159544947453132304432
Depreciation18192021202323232426282828
Profit before tax172521111136295619992112269
Net Profit121515762622411473159251
EPS (₹)1.131.401.410.660.572.442.033.821.276.781.448.594.76

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,4411,9432,2292,7833,4423,7542,1102,5613,3103,0974,0395,1905,617
Expenses1,8231,4991,8092,2632,7692,6391,4352,0282,9412,8203,7444,8805,253
Operating Profit6174444205206731,115675533370277294310364
OPM %25.3%22.9%18.8%18.7%19.6%29.7%32.0%20.8%11.2%8.9%7.3%6.0%6.5%
Other Income153652507372818492121124193196
Interest188164150198236682601308249246196137139
Depreciation7260645462727972687890106111
Profit before tax3722572583174484337523714574133260310
Net Profit244138161217297282621731044995193231
EPS (₹)21.5212.4814.8020.2727.7626.325.8216.199.744.598.8618.0921.57

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital98989695959595959595107107—
Reserves2,3342,4672,5482,6752,1342,3362,3332,3282,4002,4194,4544,613—
Borrowings2,0592,1802,2222,3312,6043,1313,0522,5292,0271,9401,1831,057—
Other Liabilities1,6663,3174,0273,9245,9075,4485,7296,5788,0549,22811,46113,721—
Total Liabilities6,1578,0628,8939,02510,74011,01011,20811,53012,57613,68217,20519,499—
Fixed Assets3153735956106789199038528999469811,076—
CWIP5245100000252427—
Investments02290112113114114115115115115120—
Other Assets5,7897,4158,2988,3029,9499,97610,19110,56411,56012,61516,08518,275—
Total Assets6,1578,0628,8939,02510,74011,01011,20811,53012,57613,68217,20519,499—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity395−2163883543532062946138261,150647200430
Cash from Investing Activity−126−60−2452−129−61−307−3338−237−475−1,180−97
Cash from Financing Activity−246337−133−345−243−86−84−483−889−773−338993−285
Net Cash Flow23611110−1858−9796−25140−1661348

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %15.014.09.08.010.014.021.012.010.08.07.06.07.0
ROE %————————————4.2
EPS (₹)21.2521.5212.4814.8020.2727.7626.325.8216.199.744.598.8618.09
Book Value (₹)————————————441.0
Face Value (₹)————————————10
P/E————————————53.9
Div Yield %————————————0.52
NPM %10.89.97.07.17.78.47.42.86.53.11.52.33.6
OPM %28.025.023.019.019.020.030.032.021.011.09.07.06.0
D/E0.610.850.850.840.841.171.291.261.040.810.770.260.22
P/B————————————2.6

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+10.0%
5 years+20.0%
3 years+16.0%
TTM+32.0%
Compounded profit growth
10 years+3.0%
5 years+25.0%
3 years+23.0%
TTM+126.0%
Stock price CAGR
10 years+15.0%
5 years+7.0%
3 years+17.0%
Last year−20.0%
Return on equity
10 years6.0%
5 years4.0%
3 years3.0%
Last year4.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters60.24%60.24%55.94%55.97%51.78%51.99%51.99%52.26%52.28%52.88%52.88%52.88%
FIIs27.98%27.98%28.53%24.61%23.37%18.08%16.16%13.76%11.87%8.91%6.23%6.12%
DIIs7.57%7.57%10.65%13.67%15.49%12.47%13.39%13.62%17.55%23.98%26.10%25.99%
Government————————————
Public4.21%4.21%4.88%5.75%9.35%17.47%18.47%20.35%18.28%14.23%14.78%15.00%
No. of shareholders51,92151,92152,94953,98960,99066,96687,09292,4411,00,2951,26,9311,24,1101,22,305
Change since Jun 2023 (pp)
Promoters −7.36FIIs −21.86DIIs +18.42Public +10.79

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Sobha Limited Has informed About Operational Update Q2 FY 2027.Closure of Trading WindowAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026TranscriptJul 2026PPTJul 2026RecordingJul 2026PPTMay 2026TranscriptMay 2026PPTMay 2026RecordingJan 2026TranscriptJan 2026TranscriptJan 2026PPTJan 2026Recording

Corporate actions

As of 10 Jul 2026
10 Jul 2026DIVIDENDDividend - Rs 6 Per Share—
11 Jul 2025DIVIDENDDividend - Rs 3 Per Share—
26 Jul 2024DIVIDENDDividend - Rs 3 Per Share—
19 Jun 2024RIGHTSRights 6:47 @ Premium Rs 1641/-—
28 Jul 2023DIVIDENDDividend - Rs 3 Per Share—
28 Jul 2022DIVIDENDDividend - Rs 3 Per Share—
29 Jul 2021DIVIDEND Dividend - Rs 3.50 Per Share—
23 Jul 2020DIVIDEND Annual General Meeting/Dividend - Rs 7 Per Share—
24 Jul 2019DIVIDEND Dividend - Rs 7 Per Share—
25 Jul 2018DIVIDEND Annual General Meeting/Dividend- Rs 7 Per Share—
20 Jul 2017DIVIDEND Dividend - Rs 2.50 Per Share—
21 Jul 2016DIVIDEND Dividend -Rs 2/- Per Share—
2 Jul 2015DIVIDENDAnnual General Meeting/ Dividend - Rs 7/- Per Share—
3 Jul 2014DIVIDENDAnnual General Meeting / Dividend - Rs 7/- Per Share—
27 Jun 2013DIVIDENDDividend Rs 7 Per Equity Share—
21 Jun 2012DIVIDENDAnnual General Meeting And Dividend - Rs.5/- Per Shar—
23 Jun 2011DIVIDENDDividend-Rs.3/- Per Share—
3 Jun 2010DIVIDENDDividend-Rs.2.50 Pr Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman