Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI Listing Regulations
Audit Opinion:
Unmodified Review Report (Clean) for both standalone and consolidated financial results.
Auditor’s Comment:
Auditors drew attention to two key matters but did not modify their conclusion:
1. Provisional attachment under PMLA of land parcels valued at ₹2,016.05 million held by Technobuild Developers Private Limited, where Sobha has absolute rights. The matter is under appeal before the Appellate Tribunal.
2. Income Tax demand orders totaling ₹842 million for AY 2015-16 to AY 2023-24, against which the company has filed appeals.
Key Financial Highlights [₹ in millions]
Standalone Results:
Revenue from Operations: ₹12,575.87 (QoQ: -36.6% from ₹19,847.13; YoY: +36.8% from ₹9,194.71)
Total Income: ₹13,161.80
Net Profit: ₹580.42 (QoQ: -52.0% from ₹1,210.16; YoY: +26.5% from ₹458.81)
EPS: ₹5.43 (Basic and Diluted)
Other Equity: ₹45,822.89 (as of March 31, 2026)
Consolidated Results:
Revenue from Operations: ₹12,781.52 (QoQ: -35.7% from ₹19,878.35; YoY: +50.0% from ₹8,519.34)
Total Income: ₹13,301.70
Net Profit: ₹508.46 (QoQ: -44.6% from ₹918.35; YoY: +273.4% from ₹136.18)
EPS: ₹4.75 (Basic and Diluted)
Other Equity: ₹46,129.89 (as of March 31, 2026)
Cash and Cash Equivalents: Not Specified
Debt: Not Specified
Segment-wise Performance [₹ in millions]:
Standalone Segment Revenue (Q1 FY27):
- Real Estate: ₹10,479.78
- Contractual and Manufacturing: ₹2,741.12
- Total Segment Revenue: ₹13,220.90
- Less: Inter-segment revenues: ₹645.03
- Net Revenue from Operations: ₹12,575.87
Standalone Segment Results (Q1 FY27):
- Real Estate Profit: ₹1,324.92
- Contractual and Manufacturing Profit: ₹381.43
- Total Segment Profit: ₹1,706.35
Consolidated Segment Revenue (Q1 FY27):
- Real Estate: ₹11,097.82
- Contractual and Manufacturing: ₹2,328.73
- Total Segment Revenue: ₹13,426.55
- Less: Inter-segment revenues: ₹645.03
- Net Revenue from Operations: ₹12,781.52
Consolidated Segment Results (Q1 FY27):
- Real Estate Profit: ₹1,330.61
- Contractual and Manufacturing Profit: ₹368.19
- Total Segment Profit: ₹1,698.80
Corporate Actions:
Dividend: Final dividend of ₹6 per equity share (face value ₹10) amounting to ₹642 million for FY26 was approved by shareholders on July 18, 2026.
Fundraising: Board approved issuance of Non-Convertible Debentures (NCDs) aggregating up to ₹10,00,00,00,000 (₹1,000 crore) on private placement basis in tranches. The Investments and Borrowings Committee was authorized to finalize terms and conditions.
Other Significant Information:
Subsidiaries/JV/Associate: Consolidation includes 20 subsidiaries, 1 joint venture (Kondhwa Projects LLP), and 1 associate (Constrobot Robotics Private Limited w.e.f October 16, 2025).
Share of Profit from Partnership Firm: Standalone results include share of net profit of ₹14.30 million from one partnership firm.
Previous Figures: Figures for quarter ended March 31, 2026 are balancing figures between audited full year and published unaudited year-to-date figures up to Q3.