Sobha Limited announced record-breaking results for FY26, achieving a total revenue of ₹53.84 billion, a 29.3% increase over the previous year. The company recorded historic real estate sales of ₹81.36 billion, driven by strong performances in Bangalore and expansion into the NCR region. With a net-debt negative position and a robust project pipeline, the company continues to focus on long-term value creation through its unique backward-integrated delivery model.
Historic Financial Performance
For the financial year ended March 31, 2026, Sobha Limited delivered a robust financial performance. The company reported a total revenue of ₹53.84 billion, reflecting a 29.3% growth compared to the previous year. Profitability also saw significant improvement, with Profit After Tax (PAT) reaching ₹1.93 billion, supported by a disciplined approach to capital allocation and operational efficiency.
Record-Breaking Real Estate Sales
The company achieved its highest-ever real estate sales value of ₹81.36 billion in FY26. Bangalore remained the strongest contributor, accounting for 55% of sales at ₹44.78 billion. The NCR region significantly contributed 30% of sales, totaling ₹24.55 billion, fueled by successful launches such as SOBHA Rivana in Greater Noida. The Kerala market added another 10%, or ₹8.08 billion, to the total sales volume.
Strong Operational and Cash Flow Position
Sobha Limited demonstrated exceptional cash flow management, with total operational cash inflows surging by 26% to reach ₹77.98 billion. The company’s net operating cash flow stands at ₹16.37 billion. Notably, the company maintains a strong balance sheet with a net-debt negative position of (₹8.00 billion) as of March 31, 2026, showcasing a significant improvement in its financial health over the last five years.
Future Growth Pipeline
Looking beyond FY26, the company is well-positioned for sustained growth with a developable land potential of 40.91 million sft across 409 acres in 8 cities. Forthcoming projects include 20.67 million sft with a potential sales value of ₹271.65 billion. The firm maintains a disciplined growth framework, prioritizing the residential segment—including apartments, row houses, and plotted developments—to capture demand in key growth markets like Bangalore, NCR, Hyderabad, and Mumbai.
Source: BSE
