SOBHA Limited announced its financial and operational performance for the quarter and half-year ended September 30, 2026. The company achieved its highest-ever sales value of Rs 5,862 crore for H1 FY27, a 47.2% growth year-on-year. Q2 FY27 sales reached Rs 22.06 billion, up 16% YoY. Collections also hit an all-time high of Rs 40.09 billion for H1 FY27, reflecting sustained demand and effective strategy execution.
SOBHA Limited Reports Record Sales Performance
SOBHA Limited has announced a significant milestone, achieving its highest-ever sales value of Rs 5,862 crore for the half-year ended September 30, 2026 (H1 FY27). This represents a substantial year-on-year growth of 47.2%, underscoring the company’s robust growth momentum. The strong performance was driven by a positive response to new project launches and sustained demand across its existing portfolio.
Q2 FY27 and H1 FY27 Financial Highlights
In the second quarter of FY27 (Q2 FY27), SOBHA Limited recorded quarterly sales value of Rs 22.06 billion, marking a 16% increase compared to the corresponding period last year. Furthermore, collections for H1 FY27 reached an all-time high of Rs 40.09 billion, showcasing continued momentum in customer realisations. This represents a 4.8% year-on-year growth in collections for the half-year period, with Q2 FY27 collections standing at Rs 20.84 billion.
Revenue and Profitability
Revenue for Q2 FY27 stood at Rs 10.17 billion. For H1 FY27, total revenue amounted to Rs 23.47 billion, a marginal decline of 1% year-on-year. Profit After Tax (PAT) for Q2 FY27 was Rs 0.33 billion, while H1 FY27 PAT was Rs 0.84 billion, indicating a 2.6% year-on-year decline. The company reported a net debt of Rs -3.40 billion, with a Net Debt-to-Equity ratio of -0.07.
Sales and Operational Performance Details
The H1 FY27 sales performance, reaching Rs 58.62 billion, highlights the company’s success in the real estate market. Quarterly real estate sales value saw a notable increase, standing at Rs 22.06 billion, a 16% YoY rise. The average price realization during Q2 FY27 was Rs 15,522 per sq. ft.
During H1 FY27, SOBHA Limited actively expanded its footprint by launching 7.92 million sq. ft. of saleable area across five projects. These projects are located in Bangalore, Gurgaon, and Calicut, with an estimated sale potential of Rs 112 billion.
Management Outlook
Mr. Jagadish Nangineni, Managing Director, SOBHA Limited, expressed optimism regarding the company’s performance. “Our H1 FY27 performance, marked by record sales, reflects the continued trust of our customers, the strength of the SOBHA brand and the successful execution of our business strategy,” he stated. He added that the company plans to build on this momentum in the second half of the year through planned project launches and a strong development pipeline, focusing on enhancing execution efficiency and maintaining financial discipline.
Source: BSE