Skip to main content
Swing Capital

Sobha Ltd

NSE: SOBHA BSE: 532784Metal

Sobha Limited, incorporated in 1995, is a real estate developer engaged in construction to operations of townships, housing projects, commercial premises, and other related activities. The Co. is also engaged in manufacturing activities related to interiors, glazing and metal works, and concrete products. [1]

₹1,398
52W: ₹1130 — ₹1732
PE 49.6 · Book ₹439 · +218% vs book
Market Cap₹14,952 Cr
Stock P/E49.6Price to Earnings
ROCE9.55%Return on Capital
ROE6.61%Return on Equity
Div. Yield0.21%Face Value ₹10

Strengths

  • +Company is expected to give good quarter
  • +Company has delivered good profit growth of 35.7% CAGR over last 5 years
  • +Company has been maintaining a healthy dividend payout of 37.0%

Weaknesses

  • −Stock is trading at 3.12 times its book value
  • −Company has a low return on equity of 4.47% over last 3 years.
  • −Earnings include an other income of Rs.219 Cr.

Shareholding Pattern

Promoters52.88%
FIIs6.23%
DIIs26.1%
Public14.78%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters52.28%52.78%▲0.552.78%52.88%▲0.152.88%52.88%52.88%52.88%
FIIs11.48%10.93%▼0.610.03%▼0.98.91%▼1.18.09%▼0.86.41%▼1.76.26%▼0.26.23%▼0.0
DIIs18.6%23.44%▲4.824.16%▲0.723.98%▼0.224.62%▲0.626.04%▲1.425.78%▼0.326.1%▲0.3
Public17.65%12.87%▼4.813.04%▲0.214.23%▲1.214.4%▲0.214.68%▲0.315.09%▲0.414.78%▼0.3

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales6957646339121,2471,2749191,4839801,985
Expenses6237085818411,1771,1768611,3559321,799
Operating Profit7256527170995912848186
OPM %10%7%8%8%6%8%6%9%5%9%
Net Profit18692628504610431121
EPS ₹1.660.560.842.392.574.684.299.72.8711.32

AI Insights

Revenue Trend

Mar 2026 revenue at ₹5,368Cr, up 32% YoY. OPM at 8%.

Debt Position

Borrowings at ₹1,024Cr. Debt-to-equity ratio: 0.22x. Healthy balance sheet.

Institutional Flow

DIIs: 26.1% (+13.89pp change). FIIs: 6.23% (-6.51pp change). Promoters hold 52.88%.

Margin & Efficiency

ROCE declining from 12% (Mar 2015) to 10% (Mar 2026). Working capital days: 46.

Valuation

PE 49.6x with 9.55% ROCE. Price is 218% above book value of ₹439. Dividend yield: 0.21%.

Recent Announcements