NSE: SOBHA | BSE: 532784

Mid-range Performer

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1585.70 23.00 (1.47%)

26.43% Fall from 52W High

190.3K NSE+BSE Volume

NSE 16 Jun, 2025 3:31 PM (IST)

15,999.7

Market Cap

High in industry

1.3

Beta 1Year

Very High Volatility

Sobha Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SOBHA, BSE:532784 Sobha Ltd.

Sobha Ltd.

14 Aug 2019

1585.70

1.47%

Sobha Ltd - Result Update Q1FY20

Buy: Sobha Ltd.

Target

Edelweiss

Sobha Ltd. reported its Q1FY20 results. The company recorded pre-sales volume of 1.1msf, up 11% YoY (down 6% QoQ), while on value basis pre-sales stood at INR 661cr, up 12% YoY (down 7% QoQ) in Q1FY20

Sobha Ltd. has gained 18.55% in the last 1 Month

Sobha Ltd.

29 May 2019

1585.70

1.47%

Sobha Limited

Buy: Sobha Ltd.

Recommendation Target

ICICI Securities Limited

Sobha's topline grew strongly by 81.6% YoY to | 1,397.8 crore led by 102.9% YoY growth in revenues from real estate division to | 1,017.3 crore. EBITDA margins contracted 30 bps YoY to 17.4% and were below our estimate of 20.8%. PAT grew robustly by 73.2% YoY to | 113.3 crore (our...

Sobha Ltd. has an average target of 1737.00 from 2 brokers.

Sobha Ltd.

21 May 2019

1585.70

1.47%

Sobha (4QFY19): Smart recovery. Maintain BUY

Buy: Sobha Ltd.

Target

HDFC Securities

SDL has ~17.5mn sqft of unsold area in ongoing projects and expects to add 4.2mn sqft from new projects in the pipeline. A well diversified product mix across different regions augurs well for pre-sales recovery. Brand pull will certainly aid pre-sales efforts. Despite capex commitment of Rs 10bn we expect consolidated net D/E to reduce to 0.9x by FY21E (vs. 1.09x now). The contracting business is seeing good growth with an order book of Rs 26bn. We maintain BUY. Key risks: (1) Further deterioration in NBFC liquidity, (2) Higher interest rate, (3) Weak order inflow in the contracting business; and (4) Delay in regulatory approvals. We maintain BUY post a robust quarter. Our SOTP-based TP has increased to Rs 652 (vs Rs 646 earlier). We have increased our EPS estimate by 3/3.3% for FY20/21E.

Sobha Ltd. has an average target of 1737.00 from 2 brokers.

Sobha Ltd.

21 May 2019

1585.70

1.47%

Sobha Ltd - Result Update Q4FY19

Buy: Sobha Ltd.

Edelweiss

Sobha Ltd. reported its Q4FY19 and results. The company recorded pre-sales volume of 1.1msf, up 11% YoY (up 24% QoQ)

Number of FII/FPI investors decreased from 209 to 195 in Mar 2025 qtr

Sobha Ltd.

09 Apr 2019

1585.70

1.47%

Tactical Buy - Sobha Ltd

Buy: Sobha Ltd.

Edelweiss

Sobha is one of the reputed South-India based developers with a strong track record of quality construction and timely delivery led by a backward integrated business model.

Sobha Ltd. has gained 18.55% in the last 1 Month

Sobha Ltd.

07 Feb 2019

1585.70

1.47%

Sobha (3QFY19): A mixed bag. Maintain BUY

Buy: Sobha Ltd.

Target

HDFC Securities

Maintain BUY with TP of Rs 646/share. Sobha reported Revenue/PAT miss/beat of 10/8%. EBITDA margin expanded by 31bps YoY to 20.2% (-57bps QoQ). In the absence of IND AS 115, revenue/ APAT would have been higher/(lower) by Rs 674/(89)mn respectively.

Geojit BNP Paribas downgraded Sobha Ltd. to Hold with a price target of 1671.0 on 04 Jun, 2025.

Sobha Ltd.

07 Feb 2019

1585.70

1.47%

Sobha Limited

Hold: Sobha Ltd.

Target

ICICI Securities Limited

Sobha's topline grew 13.9% YoY to | 787.9 crore (our estimate: | 692.4 crore) led by 36.4% YoY growth in revenues from the contractual division to | 310.8 crore (our estimate: | 234.6 crore) The EBITDA margin expanded 31 bps YoY to 20.2% but was below our estimate of 21.3% on account of higher revenue share from the low-margin construction business PAT grew robustly by 30.7% YoY to | 69.8 crore (our estimate: | 65.5 crore) led by strong topline growth...

Sobha Ltd. has gained 31.75% in the last 3 Months

Sobha Ltd.

15 Nov 2018

1585.70

1.47%

Sobha Limited

Hold: Sobha Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Sobha's topline grew 1.9% YoY to | 658.7 crore (our estimate: | 681.4 crore) led by 78.0% YoY growth in revenues from contractual division to | 273.2 crore (our estimate: | 181.7 crore) The EBITDA margin expanded 198 bps YoY to 21.3%, in line with our...

Sobha Ltd. has an average target of 1737.00 from 2 brokers.

Sobha Ltd.

13 Nov 2018

1585.70

1.47%

Sobha (2QFY19): Launches awaited. Maintain BUY

Buy: Sobha Ltd.

Target

HDFC Securities

Maintain BUY with TP of Rs 630/share. 2QFY19 Revenue came in at Rs 6.6bn (+2% YoY, +10% QoQ, 14% beat). EBITDA margin increased by 198bps YoY to 21.3% (-57bps QoQ). In the absence of IND AS 115, Revenue/ APAT would have been higher by Rs 2.2bn/120mn respectively.

Number of FII/FPI investors decreased from 209 to 195 in Mar 2025 qtr

Sobha Ltd.

10 Aug 2018

1585.70

1.47%

Sobha Limited

Hold: Sobha Ltd.

Target

ICICI Securities Limited

Sobha's topline grew 18.6% YoY to | 800.5 crore (our estimate: | 775.5 crore) led by 37.3% YoY growth in revenues from contractual division to | 238.1 crore (our estimate: | 231.2 crore). Further, its real...

Sobha Ltd. has gained 18.55% in the last 1 Month

Is Sobha Ltd. worth buying?

158 Votes:

Buy 81.65%

Sell 10.76%

Hold 7.59%

RESEARCH REPORTS

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