NSE: SOBHA | BSE: 532784

Strong Performer, Getting Expensive

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1681.00 -16.60 (-0.98%)

56.33% Gain from 52W Low

204.6K NSE+BSE Volume

NSE 22 Jul, 2025 2:51 PM (IST)

16,961.3

Market Cap

High in industry

1.3

Beta 1Year

Very High Volatility

Board Meeting

The next board meeting for Sobha Ltd. is on 25 Jul 2025 for the purpose of Quarterly Results & Others See details

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.

10 Aug 2018

1681.00

-0.98%

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 31.07% in the last 6 Months

Sobha Ltd.

09 Aug 2018

1681.00

-0.98%

Sobha (1QFY19): Launches to drive performance. Maintain BUY

Buy: Sobha Ltd.

Target

HDFC Securities

We maintain BUY with NAV of Rs 644/share. 1QFY19 Revenue (not comparable on account of IND AS 115 transition) came in at Rs 6.0bn (-12.0% YoY, -22.3% QoQ). IND AS-115 adjustments resulted in SDL reversing Rs 32.6bn revenue and Rs 7.6bn of profits and this will be re-recognized over the next 8-10 quarters depending on individual project completion.

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

Sobha Ltd.

22 May 2018, 08:32AM

1681.00

-0.98%

Sobha (4QFY18): Strong performance. Maintain BUY

Buy: Sobha Ltd.

Target

HDFC Securities

Maintain BUY with an increased NAV of Rs 641/share. Sobha Developers (SDL) 4QFY18 net profit came in at Rs 0.7bn vs. our estimate of Rs 0.4bn. SDL recorded a healthy 1.02mn sqft of pre-sales for 4QFY18. Pre-sales value (SDLs share) was Rs 6.6bn, which is 30% higher YoY.

Sobha Ltd. is trading above all available SMAs

Sobha Ltd.

22 May 2018, 12:00AM

1681.00

-0.98%

Sobha Limited

Hold: Sobha Ltd.

Target

ICICI Securities Limited

Sobha Ltd. has gained 31.07% in the last 6 Months

Sobha Ltd.

21 May 2018, 12:00AM

1681.00

-0.98%

Sobha

Buy: Sobha Ltd.

JM Financial

Steady operations; 8msf launch planned in FY19 Sobha 4Q profit was +42% YoY, on higher revenue recognition during the quarter. Revenue recognition increased by 35% YoY while contractual revenues improved by 24%. Sobha reported fresh sales at INR6.6bn, +7/30% QoQ/YoY respectively, as sales witnessed improvement across Sobha reported fresh sales at INR6.6bn, +7/30% QoQ/YoY respectively, as sales witnessed improvement across regions. Bangalore reported improvement in sequential volume primarily contributed by Dream Acres and launches in last 2 quarters. The company launched 2 (0.63msf) projects during the quarter in Bangalore and Chennai. Net...

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

Sobha Ltd.

08 Mar 2018

1681.00

-0.98%

SOBHA LIMITED

Accumulate: Sobha Ltd.

Geojit Research

Q3FY18 PAT grew by 35% YoY led by strong top-line growth and margin expansion in realty segment. Sales volume stood at 0.9msf (up 52% QoQ) owing to higher volumes from Bangalore. EBITDA margins improved by 220bps YoY to 19.9%. Improving launch pipeline, gain in market share and reducing dependence on Bengaluru market are key positives....

Sobha Ltd. is trading above all available SMAs

Sobha Ltd.

14 Feb 2018

1681.00

-0.98%

Sobha (3QFY18): Cautious optimism. Upgrade to BUY

Buy: Sobha Ltd.

Target

HDFC Securities

With recent price correction we Upgrade SDL to BUY from NEU with NAV of Rs 632/share. Adjusted for MAT credit of Rs 39mn, Sobha Developers (SDL) 3QFY18 net profit came in at Rs 495mn vs our estimate of Rs 493mn. SDL recorded 0.93mn sqft of pre-sales for 3QFY18. Pre-sales value stood at Rs 7.51bn (SDL share Rs 6.11bn), which is +92% YoY against the demonit affected 3QFY17. Cost of funds reduced to 9.74% vs 9.88% QoQ.

Sobha Ltd. has gained 35.28% in the last 3 Months

Sobha Ltd.

13 Feb 2018

1681.00

-0.98%

Sobha Limited

Hold: Sobha Ltd.

Recommendation Target

ICICI Securities Limited

Sobha Ltd. has gained 35.28% in the last 3 Months

Sobha Ltd.

14 Nov 2017

1681.00

-0.98%

Sobha Limited

Buy: Sobha Ltd.

Recommendation Target

ICICI Securities Limited

Sobha's topline grew 19.5% YoY to | 646.6 crore led by 35.7% YoY growth in real estate revenues to | 493.1 crore. However, its contractual division revenues de-grew 13.6% YoY to | 153.5 crore The EBITDA margin expanded 20 bps YoY to 19.3% Net profit grew robustly by 31.0% YoY to | 50.3 crore led by strong topline growth and EBITDA margin expansion Sobha's sales volumes grew strongly at 5.6% QoQ to 8.61 lsf with sales value of | 592.7 crore. The Bengaluru market remained strong...

Sobha Ltd. has gained 31.07% in the last 6 Months

Sobha Ltd.

13 Nov 2017

1681.00

-0.98%

Sobha (2QFY18): In-line performance. Maintain BUY

Buy: Sobha Ltd.

Target

HDFC Securities

Maintain BUY with an increased NAV of Rs 572/share Sobha Developers (SDL) 2QFY18 net profit came in at Rs 503mn. Adjusted for MAT credit of Rs 103mn, PAT is Rs 400mn, in-line with our estimate of Rs 432mn. SDL recorded 0.86mn sq ft of pre-sales for 2QFY18, with pre-sales value at Rs 7.8bn (SDL share Rs 5.9bn). Cost of funds reduced to 9.88% QoQ.

Sobha Ltd. is trading above all available SMAs

Is Sobha Ltd. worth buying?

160 Votes:

Buy 81.88%

Sell 10.62%

Hold 7.5%

RESEARCH REPORTS

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