Sobha Limited concluded the fiscal year 2026 on a high note, recording its highest-ever annual sales value of ₹81.36 billion, representing a 30% growth over the previous year. The company saw robust performance across key regions, with Bangalore contributing 55% of total sales. Supported by strong macroeconomic fundamentals and a resilient real estate market, Sobha maintained momentum throughout the year, ending Q4 with a sales value of ₹20.39 billion.
Record-Breaking Financial Performance
Sobha Limited has announced outstanding operational results for the fiscal year ending March 31, 2026. The company achieved a record annual sales value of ₹81.36 billion, marking a significant 30% growth compared to FY 2025. Additionally, the company’s share of sales value reached a historic high of ₹67.06 billion, reflecting a 35% year-on-year increase. The average price realization also saw a healthy improvement of 9%, reaching ₹14,675 per sft.
Regional Sales Highlights
The company’s performance was driven by strong demand across key Indian markets:
- Bangalore: Recorded its historic best, contributing 55% of the total sales value at ₹44.78 billion.
- NCR Region: Contributed 30% of total sales, amounting to ₹24.55 billion.
- Kerala: Contributed 10% of total sales, totaling ₹8.08 billion, supported by new launches in Cochin and Trivandrum.
- Other Cities: Accounted for the remaining 5% of total sales.
Strategic Expansion and New Launches
During FY 2026, Sobha expanded its real estate footprint into two new cities: Greater Noida and Mumbai. The company successfully launched 6.01 million sft of saleable area across 9 projects in 6 cities. Furthermore, 3,188 homes amounting to 5.40 million sft were completed during the year.
Q4 FY 2026 Update
In the final quarter of the fiscal year, Sobha recorded a sales value of ₹20.39 billion with 1.34 million sft of new sales area. Notable Q4 launches included Sobha Woods Whispering Hill in Trivandrum, Sobha Altair in East Bangalore, and Sobha Rivana in Greater Noida. The company remains focused on operational excellence and disciplined financial management heading into FY 2027.
Source: BSE