Financial Performance Highlights
H1 FY27 (April-September 2026)
- Sales Value: ₹58.62 billion - highest ever, representing 47.2% year-over-year growth
- Collections: ₹40.09 billion - all-time high, representing 4.8% year-over-year growth
- Revenue: ₹23.47 billion - marginal decline of 1% year-over-year
- PAT: ₹0.84 billion - 2.6% year-over-year decline
Q2 FY27 (July-September 2026)
- Sales Value: ₹22.06 billion - 16% year-over-year increase
- Collections: ₹20.84 billion
- Revenue: ₹10.17 billion
- PAT: ₹0.33 billion
Capital Structure and Debt Position
- Net Debt: Negative ₹3.40 billion (net cash position)
- Net Debt-to-Equity Ratio: -0.07
Operational Performance
- Average Price Realization: ₹15,522 per square foot in Q2 FY27
- Project Launches (H1 FY27): 7.92 million square feet of saleable area across five projects
- Project Locations: Bangalore, Gurgaon, and Calicut
- Estimated Sale Potential: ₹112 billion from new launches
- Cumulative Delivery: 156.45 million square feet of developable area across 28 Indian cities
Management Commentary
Mr. Jagadish Nangineni, Managing Director, stated that the H1 FY27 performance reflects continued customer trust, strength of the SOBHA brand, and successful execution of business strategy. The company plans to build on this momentum in the second half with planned project launches, strong development pipeline, and sustained demand for quality housing. Focus areas include enhancing execution efficiency, maintaining financial discipline, and leveraging backward-integrated model to deliver superior quality.
Company Background
Founded in 1995, SOBHA Limited operates as a backward-integrated real estate developer offering international quality homes, commercial, and contractual projects. The company employs over 4,500 personnel (Sobhaites) across offices and manufacturing units. The company has been recognized for sustainability practices, safety standards, and CSR contributions.