Sobha Limited has announced its financial performance for the quarter and year ended March 31, 2026. The company delivered a stellar performance, highlighted by a 124% year-on-year growth in Profit After Tax (PAT) and a significant rise in sales value. Strong demand for premium housing and an efficient backward-integrated execution model contributed to the company’s robust operational results and improved debt position heading into the new fiscal year.
Financial Performance Highlights
For the quarter ending March 31, 2026, Sobha Limited achieved a Profit After Tax of Rs. 0.92 billion, representing a 124% increase quarter-on-quarter and a 104% increase year-on-year. Revenue saw a strong uptick of 60% quarter-on-quarter to reach Rs. 20.30 billion. Additionally, the company demonstrated disciplined financial management, with net debt reducing significantly to Rs. -8.00 billion, resulting in an improved Net Debt-to-Equity ratio of -0.17.
Sales and Operational Growth
The company reported robust sales performance throughout the fiscal year. Quarterly sales value reached Rs. 20.39 billion, a 30% increase year-on-year. For the full fiscal year 2026, total sales value climbed to Rs. 81.35 billion. Operational metrics remained strong, with an average price realization of Rs. 15,268 per sq. ft. and a total sold area of 1.33 million sq. ft. during the final quarter.
Future Outlook
Mr. Jagadish Nangineni, Managing Director of Sobha Limited, expressed confidence in the company’s trajectory as it enters FY 2027. The management emphasized a focus on sustaining growth through a significant pipeline of planned project launches across various cities. Driven by resilient demand for premium residential properties and a unique backward-integrated execution model, the company remains committed to maintaining its upward momentum and delivering high-quality projects to modern homeowners.
Source: BSE
