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Sobha Ltd

SOBHA

Sobha Ltd

SOBHA
Real EstateReal Estate
SmallcapWith a market cap of ₹16,200 cr, stock is ranked 415
High RiskStock is 3.62x as volatile as Nifty
1,541.554.26% (-68.65)
1,541.554.26% (-68.65)

Price Chart

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1D
1W
1M
1Y
5Y
Max
SIP
Real EstateReal Estate
SmallcapWith a market cap of ₹16,200 cr, stock is ranked 415
High RiskStock is 3.62x as volatile as Nifty

How to use scorecard? Learn more

Real EstateReal Estate
SmallcapWith a market cap of ₹16,200 cr, stock is ranked 415
High RiskStock is 3.62x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
300.196.480.17%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
68.574.620.65%

Forecast & Ratings

Detailed Forecast 
67%
Analysts have suggested that investors can buy this stock

from 15 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Sobha Limited is engaged in the construction and development of residential and commercial projects.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of -1.75%, vs industry avg of 3.69%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 5.2% to 3.54%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -30.23%, vs industry avg of 14.4%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,980.512,280.592,832.613,515.553,825.662,190.402,645.233,402.433,217.893,140.15
Raw Materialssubtract160.55198.04254.02275.57300.15186.20198.221,418.82512.702,752.55
Power & Fuel Costsubtract39.4947.6761.0367.7365.5445.0556.3269.2071.02
Employee Costsubtract176.18177.94198.49235.86246.42177.13251.20294.48352.63
Selling & Administrative Expensessubtract204.87208.87241.82323.40223.84192.22234.45320.80376.42
Operating & Other expensessubtract919.191,176.801,507.951,866.221,802.66834.041,288.26837.291,507.16
Depreciation/Amortizationsubtract59.6963.8254.4062.3272.2979.3771.8367.8478.2284.22
Interest & Other Itemssubtract163.66149.67197.76236.22681.60601.21308.33249.02245.51223.79
Taxes & Other Itemssubtract118.8397.03100.27151.23151.4912.9163.4340.7725.1225.34
EPS13.7016.1022.0930.4828.916.3917.7810.705.045.57
DPS1.952.436.816.816.813.412.922.922.923.00
Payout ratio0.140.150.310.220.240.530.160.270.580.54

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2016

Annual report

PDF

Investor Presentation

May 19PDF
FY 2023

Annual report

PDF

Investor Presentation

May 29PDF
Feb 7PDF
Nov 15PDF
+2 more
FY 2024

Annual report

PDF

Investor Presentation

Aug 7PDF
 

Peers & Comparison

Comparing 3 stocks from 
Real EstateReal Estate

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Sobha Ltd331.606.480.17%
DLF Ltd79.105.470.57%
Macrotech Developers Ltd95.208.400.15%
Godrej Properties Ltd124.628.77

Price Comparison

Compare SOBHA with any stock or ETF
Compare SOBHA with any stock or ETF
SOBHA
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding52.77%21.80%1.64%10.92%12.87%

Mar 2024

Jun 2024

Jul 2024

Sep 2024

Shareholding History

SepDec '23MarJunJulSep11.22%11.13%11.88%11.48%10.93%10.92%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 5.39%

Top 5 Mutual Funds holding Sobha Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Franklin India Focused Equity Fund - Growth - Direct Plan

Growth
2.4211%3.22%-0.18%12/33 (-1)
HSBC Small Cap Fund - Growth - Direct Plan

Growth
1.3664%1.28%-0.04%16/109 (+1)
Franklin India Smaller Companies Fund - Growth - Direct Plan

Growth
1.2184%1.42%0.02%20/101 (-5)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Sobha Ltd

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.17%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹1.75 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 26, 2024

Final
Final | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Jul 26, 2024

Cash Dividend

Ex DateEx DateJul 28, 2023

Final
Final | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Jul 28, 2023

Cash Dividend

Ex DateEx DateJul 28, 2022

Final
Final | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Jul 28, 2022

Cash Dividend

Ex DateEx DateJul 29, 2021

Final
Final | Div/Share: ₹3.50

Dividend/Share

3.50

Ex DateEx Date

Jul 29, 2021

Cash Dividend

Ex DateEx DateJul 23, 2020

Final
Final | Div/Share: ₹7.00

Dividend/Share

7.00

Ex DateEx Date

Jul 23, 2020

News & Opinions
Spotlight
Sobha Q2 PAT climbs 75% YoY to Rs 26 cr

Revenue from operations jumped 25.94% YoY to Rs 933.59 crore in the quarter ended 30 September 2024. Profit before tax stood at Rs 36.23 crore in Q2 FY25, up 46.85% from Rs 24.67 crore recorded in the same period a year ago. The company's EBITDA grew marginally to Rs 109 crore in Q2 FY25 as compared with Rs 108 crore reported in Q2 FY24. In Q2 of FY25, the company sold 464 homes, covering a total area of 929,907 square feet (sft) across all regions. The sales generated a total value of Rs 1,179 crore, with an average realization of Rs 12,674 per square foot. On the segmental front, revenue from real estate stood at Rs 781.35 crore, registering a 43.72% YoY growth. In contrast, revenue from contractual and manufacturing activities was Rs 181.24 crore, marking a decline of 22.92% YoY during the period under review. On half-year basis, the company's consolidated net profit jumped 19.07% to Rs 32.15 crore in H1 FY25 as against Rs 27 crore posted in H1 FY24. However revenue from operations declined 4.55% YoY to Rs 1,573.98 crore in H1 FY25. Jagadish Nangineni, managing director, SOBHA said, 'Our Q2 FY25 performance reflects continued strength in our operations, fueled by our team's efforts across functions and sustained demand in residential real estate. The geographical diversification of our project portfolio is paying rich dividends, with the ability to cater to demand across all our eleven operating cities. With solid financial strength of the company, post successful completion of rights issue, coupled with deep operational expertise & international brand recognition, we are effectively positioned to ride the growth wave. Our focus on delivering benchmark quality residences, construction products and services through our unique backward integrated operating model would continue to be our mainstay as we pursue scale.' Meanwhile, The company's board has approved the issuance of Non-convertible Debentures aggregating to not more than Rs 400 crore in one or more tranches in a dematerialised form, to be issued on a private placement basis and delegated power to Investments and Borrowings Committee (IBC) to decide further on issuance of Non- Convertible Debentures. Sobha is engaged in the business of real estate construction, development, sale, management and operation of all or any part of townships, housing projects, commercial premises and other related activities. The company is also engaged in manufacturing activities related to interiors, glazing and metal works and concrete products which also provides backward integration to Sobha's turnkey projects. The scrip rose 0.33% to Rs 1,537.25 on the BSE. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Sobha Ltd Spurts 3.52%, BSE Realty index Rises 1.64%

Sobha Ltd rose 3.52% today to trade at Rs 1586.05. The BSE Realty index is up 1.64% to quote at 7517.67. The index is down 8.19 % over last one month. Among the other constituents of the index, Brigade Enterprises Ltd increased 2.83% and Phoenix Mills Ltd added 2.66% on the day. The BSE Realty index went up 36.93 % over last one year compared to the 18.34% surge in benchmark SENSEX. Sobha Ltd has lost 8.95% over last one month compared to 8.19% fall in BSE Realty index and 4.14% drop in the SENSEX. On the BSE, 687 shares were traded in the counter so far compared with average daily volumes of 7056 shares in the past one month. The stock hit a record high of Rs 2178.74 on 18 Jun 2024. The stock hit a 52-week low of Rs 818.73 on 15 Nov 2023.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Sobha consolidated net profit rises 74.52% in the September 2024 quarter

Net profit of Sobha rose 74.52% to Rs 26.09 crore in the quarter ended September 2024 as against Rs 14.95 crore during the previous quarter ended September 2023. Sales rose 25.95% to Rs 933.59 crore in the quarter ended September 2024 as against Rs 741.24 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales933.59741.24 26 OPM %8.2610.18 - PBDT59.4543.98 35 PBT36.2324.67 47 NP26.0914.95 75 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Sobha to declare Quarterly Result

Sobha will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Sobha consolidated net profit declines 49.71% in the June 2024 quarter

Net profit of Sobha declined 49.71% to Rs 6.06 crore in the quarter ended June 2024 as against Rs 12.05 crore during the previous quarter ended June 2023. Sales declined 29.46% to Rs 640.40 crore in the quarter ended June 2024 as against Rs 907.91 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales640.40907.91 -29 OPM %8.737.20 - PBDT31.4635.56 -12 PBT11.1017.29 -36 NP6.0612.05 -50 Powered by Capital Market - Live

4 months agoCapital Market - Live

Sobha Ltd Partly Paidup leads losers in ‘A’ group

4 months agoBusiness Standard
Corporate
Sobha to announce Quarterly Result

Sobha will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

PNC Menon, Founder and Chairman of Sobha Group supports Wayanad landslide victims with 50 homes worth Rs 10 crore

4 months agoEconomic Times

Aditya Birla Sunlife, Mirae Asset Mutual Fund Buy Stake In Sobha Worth Rs 857 Crore

4 months agoBloomberg Quint

Godrej Industries Group sells 5% stake in Sobha for Rs 858 crore

4 months agoThe Hindu Businessline