Performance Highlights Q1 FY27

  • Record real estate sales of ₹36.56 billion, up 76% YoY from ₹20.79 billion in Q1 FY26
  • New sale area of 2.34 million square feet, up 63% YoY from 1.44 million square feet
  • SOBHA share of sales value at ₹29.92 billion, up 74% YoY from ₹17.17 billion
  • Average realization increased to ₹15,655 per square foot from ₹14,395 per square foot in Q1 FY26
  • Completed 1.08 million square feet across 671 homes, 7 towers, and 4 villas
  • Debt position as of June 30, 2026: ₹11.10 billion with cash balance of ₹17.69 billion
  • Average interest cost: 7.62% (Repo rate: 5.25%)
  • Credit ratings: Ind-RA (Positive Outlook), ICRA AA- (Stable)

Regional Sales Performance

  • Bangalore: 1,617,711 sft, ₹20.68 billion sales value, ₹19.22 billion SOBHA share, ₹12,780/sft realization (56.5% contribution)
  • NCR (Gurgaon and Greater Noida): 561,125 sft, ₹13.84 billion sales value, ₹9.01 billion SOBHA share, ₹24,667/sft realization (37.9% contribution)
  • Kerala (Kochi, Thrissur, Calicut, Trivandrum): 104,278 sft, ₹1.34 billion sales value, ₹1.07 billion SOBHA share, ₹12,839/sft realization (3.7% contribution)
  • Tamil Nadu (Chennai, Coimbatore): 18,831 sft, ₹184 million sales value, ₹152 million SOBHA share, ₹9,749/sft realization (0.5% contribution)
  • Other Regions (Hyderabad, GIFT City, Pune, Mumbai): 33,541 sft, ₹523 million sales value, ₹467 million SOBHA share, ₹15,581/sft realization (1.4% contribution)

New Project Launches Q1 FY27

1. Hoskote, East Bangalore (47.4 acres): 5,393,060 sft, 3,484 homes (1/2/3/4 BR), sizes 734-2,415 sft, sale potential ₹75 billion, price band ₹1.0-3.5 crore

2. Chikka Tirupati, Bangalore (26.1 acres): 625,172 sft, 388 plots, sizes 1,040-3,263 sft, sale potential ₹2.5 billion, price band ₹0.75-2.10 crore

3. Sector 63A, Gurgaon (6.2 acres): 869,578 sft, 336 homes (3 & 4 BR), sizes 2,277-2,966 sft, sale potential ₹22 billion, price band ₹4.8-7.9 crore

Financial Performance Q1 FY27

  • Total revenue: ₹13.30 billion, up 47.6% YoY
  • Real estate business revenue: ₹11.07 billion, up 60.5% YoY
  • Contractual, Manufacturing & Retail revenue: ₹1.71 billion
  • EBITDA: ₹1.30 billion with margin of 9.7%
  • Profit Before Tax: ₹691 million, up 270.6% YoY, margin 5.2%
  • Profit After Tax: ₹507 million, margin 3.8%
  • Balance revenue to be recognized from sold units: ₹205.53 billion

Cashflow Performance Q1 FY27

  • Total operational cash inflow: ₹19.24 billion, up 8.2% YoY
  • Real estate operations: ₹17.56 billion
  • Contractual & Manufacturing: ₹1.68 billion
  • Operational cash outflow: ₹16.12 billion
  • Real estate project outflow: ₹8.25 billion (+15% YoY)
  • Joint Development Partner payments: ₹3.14 billion
  • Sales & marketing spend: ₹877 million (+79% YoY)
  • Net operational cashflow: ₹3.12 billion (-21% YoY)
  • Land investment: ₹3.70 billion (+31% YoY)
  • Net cashflow: (₹1.49) billion

Inventory and Land Bank Position

  • Total inventory visibility: 35.71 million sft with sales value of ₹531.99 billion
  • Completed projects: 0.26 million sft, ₹2.26 billion
  • Ongoing projects - Released: 10.18 million sft, ₹166.47 billion
  • Ongoing projects - Unreleased: 4.50 million sft, ₹67.69 billion
  • Forthcoming projects - Residential: 20.77 million sft, ₹295.57 billion
  • SOBHA share in inventory: 81.3% for completed/ongoing, 74.9% for forthcoming
  • Land bank: 361 acres across 8 regions with developable potential of 36.94 million sft
  • SOBHA share in land bank: 76.0% blended across projects

Contracts & Manufacturing Business

  • Total revenue: ₹1.71 billion (+5.6% YoY)
  • Contracts revenue: ₹790 million (-2.5% YoY)
  • Manufacturing & Retail revenue: ₹920 million (+13.6% YoY)
  • Glazing and Metal Works: ₹380 million
  • Interiors, Mattress and metercube: ₹300 million
  • Concrete Products: ₹240 million
  • Collections: ₹1.68 billion (-6.7% YoY)
  • Ongoing contractual projects: 3.22 million sft BUA, all in Bangalore

Commercial Rental Portfolio

  • Operating portfolio NOI: ₹146 million in Q1 FY27
  • Total leasable area: 322,977 sft (SOBHA share: 280,817 sft) at SOBHA City Mall, Thrissur
  • Additional properties: SOBHA, Bangalore (231,240 sft, SOBHA share 157,317 sft) and SOBHA Arcadia, Bangalore (30,902 sft, 100% ownership)
  • Forthcoming projects: 698,435 sft leasable area (SOBHA share 665,469 sft) including ICG Office & Retail, Gurgaon and SOBHA Strada Retail, Gurgaon

Awards and Recognition Q1 FY27

  • GOLD Award for excellence in implementing Quality driven practices
  • Excellence in Health, Safety & Environment practices
  • Fire and Life Safety compliance Award FY 25-26
  • Best Fire and Safety compliance project in GIFT City for SOBHA Avalon
  • Excellence in large scale township and urban community development

Capital Structure

  • Gross debt: ₹11.10 billion
  • Cash balance: ₹17.69 billion
  • Net cash position: (₹6.59) billion
  • Credit ratings: Ind-RA (Positive Outlook), ICRA AA- (Stable)