🔔 Rating Alert
Investec initiates coverage on Sobha with a Buy rating and a price target of ₹2,150, indicating a potential upside of 42%.
Sobha Ltd Analyst Rating
based on 15 analysts
46.67%
Buy
20.00%
Hold
33.33%
Sell
Based on 15 analysts offering long term price targets for Sobha Ltd. An average target of ₹1919.6
Source: S&P Global Market Intelligence
Sobha Ltd Share analysis
Sobha Ltd price forecast by 15 analysts
Upside of26.54%
High
₹3003
Target
₹1919.60
Low
₹1315
Sobha Ltd target price ₹1919.6, a slight upside of 26.54% compared to current price of ₹1629.3. According to 15 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Sobha Ltd revenue growth forecast
Expected growth rate Q1, FY2026:70.08%
Forecast
Actual
Including amortisation and stock based compensations
Sobha Ltd EPS growth forecast
EPS estimate Q1, FY2026:995.24%
Forecast
Actual
Source: S&P Global Market Intelligence
Sobha Ltd Performance
Day's Low
Day's High
₹1,526.6₹1,644.952 Week's Low
52 Week's High
₹838.83₹2,155.35
| Returns % | |
| 1 Month Return | -9.09 % |
| 3 Month Return | -10.43 % |
| 1 Year Return | + 73.85 % |
| Market Stats | |
| Previous Close | ₹1,516.95 |
| Open | ₹1,559.05 |
| Volume | 10.23L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹15,150.69Cr |
Sobha Ltd Key Statistics
| P/E Ratio | 275.39 |
| PEG Ratio | -49.87 |
| Market Cap | ₹15,150.69 Cr |
| P/B Ratio | 5.81 |
| EPS | 5.04283489096573 |
| Dividend Yield | 0.21 |
| Sector | Realty |
| ROE | 1.98 |
Sobha Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹15,150.69 Cr | 55.84% | 0.72 | ₹49 Cr | ₹3,096 Cr | |
| HOLD | ₹23,824.80 Cr | 51.94% | 0.56 | ₹414 Cr | ₹10,432 Cr | |
| BUY | ₹28,806.27 Cr | 97.77% | 0.65 | ₹401 Cr | ₹4,896 Cr | |
| ₹87,956.57 Cr | 332.28% | 0.73 | ₹1,574 Cr | ₹21,889 Cr | ||
| BUY | ₹10,950.56 Cr | 8.2% | 0.58 | -₹211 Cr | ₹3,035 Cr |
About Sobha Ltd
Share Price: ₹1629.30 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹15,150.69Cr as of today
Revenue: ₹933.59Cr as on September 2024 (Q3 24)
Net Profit: ₹26.09Cr as on September 2024 (Q3 24)
Listing date: 20 Dec, 2006
Chairperson Name: Ravi PNC Menon
| Organisation | Sobha Ltd |
| Headquarters | Bangalore |
| Industry | Realty |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - 22 Nov
08:58 AM
-Investec initiates coverage on Sobha with a Buy rating, targeting ₹2,150, indicating a potential 42% upside.
Key events for Sobha Ltd
Investec Sees 42% Upside for Sobha Shares - 22 Nov, 2024
Investec has initiated coverage on Sobha Ltd with a Buy rating and a target price of ₹2,150, suggesting a 42% upside. The company is expected to benefit from strong demand and plans to enter Mumbai and Noida markets. Sobha's stock has risen significantly over the past year, and its financial performance remains robust.
Sobha Ltd Reports Strong Q3 2024 Financials - 21 Nov, 2024
Sobha Ltd reported a 22.63% increase in net sales to Rs 912.17 crore for September 2024, with net profit rising 73.14% to Rs 25.60 crore. EBITDA increased by 2.23%, and EPS rose to Rs 2.55. However, shares have declined 13.23% over the last six months.
Sobha Ltd Reports Strong Q2 Growth and Profit - 18 Nov, 2024
Sobha Ltd announced a 75% increase in Q2FY25 profit to ₹26.1 crore, with revenues rising 24.77% to ₹965.2 crore. The company also reported strong real estate collections of ₹1,222 crore, indicating robust cash flow.
Sobha Ltd Reports Strong Profit and Revenue Growth - 17 Nov, 2024
Sobha Ltd announced a 73% increase in profit to ₹26 crore and a revenue rise to ₹933.5 crore for the September quarter, indicating strong financial performance.
Sobha Ltd Reports Strong Q2 Financial Performance - 15 Nov, 2024
Sobha Ltd's Q2 results show a 75% increase in net profit to ₹26.1 crore and total income of ₹965.3 crore, driven by strong demand in residential real estate and geographical diversification.
Sobha Ltd Reports Strong Q2 Performance and Growth - 14 Nov, 2024
Sobha Ltd's Q2 FY25 results show a significant 74% YoY increase in profit after tax to ₹26.1 crore, driven by strong sales and revenue growth. The company reported a 44% QoQ revenue increase, healthy cash flow, and reduced debt, positioning itself well for future growth.
Sobha Shares Drop Ahead of Q2 Results - 13 Nov, 2024
Sobha Ltd shares fell nearly 4% ahead of Q2 FY25 results, reflecting cautious investor sentiment. Revenue is projected to rise significantly, but profit growth remains a concern.
Insights on Sobha Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 669.86 Cr → 965.29 Cr (in ₹), with an average increase of 30.6% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 16.75% to 21.80% in Sep 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 6.06 Cr → 26.09 Cr (in ₹), with an average increase of 76.8% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 52.77% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Prestige Estates Projects Ltd has given 82.2% return, outperforming this stock by 8.3%
- NO EFFECT
Against Peers
In the last 3 years, Prestige Estates Projects Ltd has given 273.6% return, outperforming this stock by 185.5%
NEGATIVE IMPACTPrice Dip
In the last 1 month, SOBHA stock has moved down by -9.1%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 17.24% to 12.87% in Sep 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 10.93% to 10.92% in Sep 2024 quarter
Sobha Ltd Financials
Index Inclusions
Sobha Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 52.77% | 0.00 | |
| Foreign Institutions | 10.92% | ||
| Mutual Funds | 21.8% | 30.10 | |
| Retail Investors | 12.87% | ||
| Others | 1.64% |
Sobha Ltd Key Indicators
Sobha Ltd Valuation
Sobha Ltd in the last 5 years
Lowest (3.70x)
March 27, 2020
Industry (131.13x)
November 21, 2024
Today (275.39x)
November 21, 2024
Highest (459.89x)
September 23, 2024
Sobha Ltd Earnings and Dividends
Sobha Ltd Earnings Results
Sobha Ltd’s net profit jumped 74.52% since last year same period to ₹26.09Cr in the Q2 2024-2025. On a quarterly growth basis, Sobha Ltd has generated 330.53% jump in its net profits since last 3-months.
Read More about Earnings ResultsSobha Ltd Dividends May,2024
In the quarter ending March 2024, Sobha Ltd has declared dividend of ₹3 - translating a dividend yield of 0.40%.
Read More about Dividends
Sobha Ltd Technicals Summary
Bearish
Neutral
Bullish
Sobha Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Sobha Ltd
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Sobha Ltd (SOBHA) share price today is ₹1629.3
Sobha Ltd is listed on NSE
Sobha Ltd is listed on BSE
- Today’s highest price of Sobha Ltd is ₹1644.9.
- Today’s lowest price of Sobha Ltd is ₹1526.6.
PE Ratio of Sobha Ltd is 275.39
PE ratio = Sobha Ltd Market price per share / Sobha Ltd Earnings per share
Today’s traded volume of Sobha Ltd(SOBHA) is 10.23L.
Today’s market capitalisation of Sobha Ltd(SOBHA) is ₹15150.69Cr.
| Sobha Ltd(SOBHA | Price |
|---|---|
52 Week High | ₹2155.35 |
52 Week Low | ₹838.83 |
Sobha Ltd(SOBHA) share price is ₹1629.3. It is down -24.41% from its 52 Week High price of ₹2155.35
Sobha Ltd(SOBHA) share price is ₹1629.3. It is up 94.23% from its 52 Week Low price of ₹838.83
| Sobha Ltd(SOBHA | Returns |
|---|---|
1 Day Returns | 112.35% |
1 Month Returns | -9.09% |
3 Month Returns | -10.43% |
1 Year Returns | 73.85% |