NSE: SOBHA | BSE: 532784

Mid-range Performer

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1602.20 -11.60 (-0.72%)

49.00% Gain from 52W Low

428.4K NSE+BSE Volume

NSE 28 Jul, 2025 3:31 PM (IST)

16,166.2

Market Cap

High in industry

1.4

Beta 1Year

Very High Volatility

Estimates Miss

Sobha's Q1FY26 revenue grows 34.6% YoY to Rs 901.4 crore, misses Forecaster estimates by 13.4% 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

1602.20

-0.72%

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 34.19% in the last 6 Months

Sobha Ltd.

09 Aug 2018

1602.20

-0.72%

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

1602.20

-0.72%

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

1602.20

-0.72%

Sobha Limited

Hold: Sobha Ltd.

Target

ICICI Securities Limited

Sobha Ltd. has gained 34.19% in the last 6 Months

Sobha Ltd.

21 May 2018

1602.20

-0.72%

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

1602.20

-0.72%

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

1602.20

-0.72%

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 27.70% in the last 3 Months

Sobha Ltd.

13 Feb 2018

1602.20

-0.72%

Sobha Limited

Hold: Sobha Ltd.

Recommendation Target

ICICI Securities Limited

Sobha Ltd. has gained 27.70% in the last 3 Months

Sobha Ltd.

14 Nov 2017

1602.20

-0.72%

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 34.19% in the last 6 Months

Sobha Ltd.

13 Nov 2017

1602.20

-0.72%

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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