Sobha quarterly results and financials

Sobha (SOBHA)₹1,258−1.01%(9 Nov 2026 close)Residential, Commercial Projects

Key facts

In the Sep 2026 quarter (consolidated), Sobha reported sales of ₹971 Cr, down 31.3% from Sep 2025, and net profit of ₹32.91 Cr, down 54.8% year on year. For the year to Mar 2026, sales were ₹5,209 Cr and net profit ₹193 Cr.

Sales (Sep 2026): ₹971 Cr
Net profit (Sep 2026): ₹32.91 Cr
Sales (FY Mar 2026): ₹5,209 Cr
Net profit (FY Mar 2026): ₹193 Cr
EPS (Sep 2026): ₹3.07
Borrowings (Mar 2026): ₹1,056 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

Sobha quarterly results

₹ crore unless stated; each column is a quarter.

Sobha Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	687	766	642	938	1,228	1,246	856	1,414	946	1,995	1,283	971
Expenses	610	699	583	853	1,154	1,143	826	1,308	903	1,831	1,198	896
Operating Profit	74.02	61.95	55.99	76.98	67.01	93.91	23.99	96.05	39.02	152	77.96	68.98
OPM %	11.1%	8.0%	9.0%	8.0%	5.0%	8.0%	2.8%	7.0%	4.1%	8.1%	6.1%	7.1%
Other Income	29.03	28.02	29.02	32.01	33.02	30.04	49.03	62.03	40.03	42.03	52.07	50.07
Interest	60.99	59.03	54.02	49.01	46.99	44.99	30.99	31.99	29.99	44.04	32.02	40.01
Depreciation	19.97	20.98	19.98	22.96	22.98	22.95	23.95	25.94	27.97	27.94	27.95	31.97
Profit before tax	21.06	11.03	11.03	36.07	29.06	56.12	19.05	99.21	21.06	122	69.11	47.12
Tax %	29.1%	36.1%	45.0%	28.0%	26.0%	27.1%	27.1%	27.0%	25.0%	25.0%	26.1%	30.1%
Net Profit	14.96	6.99	5.99	25.94	21.95	40.88	13.98	72.86	14.96	91.87	50.86	32.91
EPS (Rs)	1.40	0.65	0.56	2.43	2.02	3.81	1.26	6.77	1.43	8.58	4.75	3.07

Sobha profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Sobha Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,951	2,237	2,794	3,454	3,767	2,118	2,573	3,323	3,111	4,056	5,209	5,195
Expenses	1,494	1,803	2,257	2,760	2,632	1,431	2,023	2,934	2,810	3,731	4,866	4,827
Operating Profit	444	420	520	673	1,115	675	533	370	277	294	310	338
OPM %	23.1%	19.0%	19.1%	20.1%	30.1%	32.0%	21.1%	11.1%	9.1%	7.0%	6.0%	6.5%
Other Income	36.03	52.06	50.04	73.11	72.10	81.03	84.03	92.13	121	124	193	184
Interest	164	150	198	236	682	601	308	249	246	196	137	146
Depreciation	59.90	63.85	53.91	61.89	71.90	78.82	71.85	67.88	77.93	89.80	106	116
Profit before tax	257	259	318	449	434	75.15	237	145	74.21	133	260	260
Tax %	46.1%	38.0%	32.0%	34.1%	35.0%	17.0%	27.1%	28.1%	34.1%	29.1%	26.0%	—
Exceptional items	−0.99	0.00	0.99	0.00	0.00	0.00	25.90	0.00	0.00	0.00	0.00	—
Net Profit	138	161	217	296	281	61.87	173	104	48.93	94.73	193	191
EPS (Rs)	12.46	14.78	20.25	27.73	26.29	5.81	16.17	9.73	4.58	8.85	18.07	17.83
Dividend payout %	14.1%	15.1%	31.0%	22.1%	24.0%	53.1%	16.0%	27.0%	58.0%	34.0%	33.0%	—

Sobha balance sheet

₹ crore, at each year end.

Sobha Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	98.02	97.98	96.30	95.18	94.94	95.27	95.10	95.19	95.24	95.13	107	107
Reserves	2,326	2,459	2,544	2,669	2,126	2,330	2,326	2,324	2,394	2,412	4,442	4,601
Borrowings	2,054	2,175	2,221	2,328	2,597	3,128	3,047	2,526	2,025	1,937	1,183	1,056
Other Liabilities	1,658	3,301	4,008	3,905	5,879	5,427	5,702	6,549	8,020	9,184	11,416	13,672
Total Liabilities	6,137	8,033	8,869	8,997	10,697	10,980	11,168	11,494	12,535	13,628	17,148	19,437
Fixed Assets	316	374	597	612	680	921	907	855	902	948	983	1,079
CWIP	51.80	44.86	0.99	0.00	0.00	0.00	0.00	0.00	1.99	4.98	23.91	26.93
Investments	0.00	228	0.00	112	113	114	114	115	115	115	115	120
Other Assets	5,768	7,385	8,272	8,272	9,905	9,944	10,148	10,526	11,516	12,558	16,026	18,211
Inventories	2,725	4,262	5,093	4,830	6,513	6,698	7,120	7,637	8,748	9,358	11,232	12,817
Trade receivables	173	251	227	326	326	359	194	349	158	165	186	276
Cash & equivalents	163	119	147	119	177	88.06	204	178	451	673	1,809	1,505
Total Assets	6,137	8,033	8,869	8,997	10,697	10,980	11,168	11,494	12,535	13,628	17,148	19,437

Sobha cash flow

₹ crore, for each year.

Sobha Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−215	387	353	352	206	293	611	824	1,147	645	199	429
Cash from investing activity	−60.18	−246	2.01	−129	−61.21	−308	−33.08	38.14	−238	−476	−1,184	−97.36
Cash from financing activity	338	−133	−345	−243	−86.18	−84.11	−484	−891	−775	−339	994	−286
Net cash flow	60.93	10.99	9.99	−17.97	57.98	−96.94	95.99	−24.98	140	−166	12.99	47.95
Capex	64.22	108	32.09	62.15	108	303	42.11	20.07	123	125	131	209
Free cash flow	−281	282	323	295	102	−7.03	575	877	1,038	526	70.31	225
CFO / OP %	−21.0%	101.0%	100.0%	84.0%	44.0%	36.0%	95.0%	165.0%	330.0%	262.1%	122.0%	213.0%

Sobha ratios

Working-capital days and returns, by year.

Sobha Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	26	47	37	43	35	35	34	50	17	19	17	19
Inventory days	—	—	—	5,290	—	—	—	—	10,073	—	10,344	5,651
Days payable	—	—	—	789	—	—	—	—	689	—	520	366
Cash conversion cycle	26	47	37	4,544	35	35	34	50	9,401	19	9,841	5,305
Working capital days	280	666	345	262	69	102	156	155	68	20	105	36
ROCE %	14.1%	9.0%	8.0%	10.0%	14.1%	21.1%	12.1%	10.1%	8.1%	7.0%	6.0%	7.0%

Sobha: frequently asked questions

What are the latest quarterly results of Sobha?

For the Sep 2026 quarter, Sobha reported sales of ₹971 Cr, down 31.3% year on year and net profit of ₹32.91 Cr, down 54.8% year on year. The operating margin was 7.1%.

What is the annual revenue of Sobha?

Sobha's sales for the year to Mar 2026 were ₹5,209 Cr; over the last twelve months they were ₹5,195 Cr.

What is the net profit of Sobha?

Net profit for the year to Mar 2026 was ₹193 Cr, and ₹191 Cr over the last twelve months. Earnings per share over the same trailing period were ₹17.83.

How much debt does Sobha have?

Sobha reported borrowings of ₹1,056 Cr at Mar 2026, against cash and equivalents of ₹1,505 Cr.

What is the free cash flow of Sobha?

Cash from operations was ₹429 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹225 Cr.

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