ResultsIQ

ResultsIQ › Latest results › Sobha Limited

Sobha Limited Q3 FY26 earnings call summary

NSE: SOBHA · BSE: 532784

Earnings call of 17 Jan 2026, summarised by AI from the filing.

Sobha reported 9M FY26 real estate sales of ₹6,097 cr and expects to surpass its annual plan of about ₹8,500 cr if Q4 launches come through in time.

Key takeaways

  1. 9M sales Real estate sales reached an all-time high of ₹6,097 cr in 9M FY26; Q3 sales ₹2,115 cr.
  2. FY26 guidance Management expects to surpass annual plan of 35% increase over last year at about ₹8,500 cr, if Q4 launches come through in time.
  3. Margin trajectory Projects to be recognized in next 12-15 months have margin of about 18%-19%; beyond 15 months about 34%.
  4. Growth driver New launches and completions to drive growth; Q4 launch pipeline of 3-4 projects across Gurgaon, Greater Noida, Chennai, Calicut.

Original filing on BSE

Sobha Limited Q1 FY27 results

As filed: Revenue ₹1,278 cr (+50% year on year), EBITDA ₹77.7 cr (+211% year on year), PAT ₹50.9 cr (+263% year on year), EBITDA margin 6.1% (+315 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

  • Q4 FY26: Revenue ₹1,988 cr (+60% year on year), EBITDA ₹152 cr (+62% year on year), PAT ₹91.8 cr (+124% year on year), EBITDA margin 7.7% (+8 bps). Score 79 of 100, Above trend. Revenue and profit growth were above the company's own trend; EBITDA growth was well above it. EBITDA margin was flat year on year. Other income 35% of PBT. Revenue grew on the previous quarter, against its usual seasonal pattern. Revenue rose ₹747 cr on a year ago, more than the ₹478 cr it added the year before. Share price after the results: −4.1% in 30 days (Nifty 500: −1.7%).
  • Q3 FY26: Revenue ₹943 cr (−23% year on year), EBITDA ₹38.8 cr (−41% year on year), PAT ₹15.4 cr (−30% year on year), EBITDA margin 4.1% (−128 bps). Score 19 of 100, Below trend. Revenue and profit growth were below the company's own trend; EBITDA growth was well below it. EBITDA margin fell 128 bps year on year. Other income 192% of PBT. Consolidated profit -30% but standalone +10%. Revenue fell 33% from last quarter. Share price after the results: +4.6% in 28 days (Nifty 500: −0.7%).
  • Q2 FY26: Revenue ₹1,408 cr (+51% year on year), EBITDA ₹95.0 cr (+25% year on year), PAT ₹73.0 cr (+181% year on year), EBITDA margin 6.8% (−139 bps). Score 80 of 100, Above trend. Revenue, EBITDA and profit growth were above the company's own trend. EBITDA margin fell 139 bps year on year. Other income 63% of PBT. Revenue grew on the previous quarter, against its usual seasonal pattern. Revenue rose ₹474 cr on a year ago, more than the ₹193 cr it added the year before. Share price after the results: +3.1% in 28 days (Nifty 500: +1.0%).
  • Q1 FY26: Revenue ₹852 cr (+33% year on year), EBITDA ₹25.0 cr (−55% year on year), PAT ₹14.0 cr (+133% year on year), EBITDA margin 2.9% (−582 bps). Score 35 of 100, Below trend. Revenue and profit growth were above the company's own trend; EBITDA growth was well below it. EBITDA margin fell 582 bps year on year. Other income 258% of PBT. Revenue fell 31% from last quarter. Share price after the results: −8.4% in 28 days (Nifty 500: −0.1%).
  • Q4 FY25: Revenue ₹1,241 cr (+63% year on year), EBITDA ₹94.0 cr (+49% year on year), PAT ₹41.0 cr (+300% year on year), EBITDA margin 7.6% (−68 bps). Score 76 of 100, Above trend. Revenue, EBITDA and profit growth were well above the company's own trend. EBITDA margin fell 68 bps year on year. Other income 54% of PBT. Share price after the results: +4.8% in 29 days (Nifty 500: +3.3%).
  • Q3 FY25: Revenue ₹1,224 cr (+79% year on year), EBITDA ₹66.0 cr (−10% year on year), PAT ₹22.0 cr (+47% year on year), EBITDA margin 5.4% (−526 bps). Score 52 of 100, In line with trend. Revenue growth was well above the company's own trend; EBITDA growth was below it; profit growth was above it. EBITDA margin fell 526 bps year on year. Other income 114% of PBT. Profit fell 15% from last quarter.
  • Q2 FY25: Revenue ₹934 cr (+26% year on year), EBITDA ₹76.0 cr (0% year on year), PAT ₹26.0 cr (+73% year on year), EBITDA margin 8.1% (−212 bps). Score 55 of 100, In line with trend. EBITDA margin fell 212 bps year on year. Other income 89% of PBT. Not enough history for a trend yet: scored on growth alone.

Past price moves after results do not indicate future moves. Not a recommendation.

Sobha Limited earnings call, investor presentation and press release summaries

Figures from the company's filings with NSE and BSE. Not investment advice.