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Sobha Ltd

(SOBHA)

₹1541.554.26%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Sobha Ltd Analyst Rating

based on 16 analysts

BUY

62.50%

Buy

12.50%

Hold

25.00%

Sell

Based on 16 analysts offering long term price targets for Sobha Ltd. An average target of ₹1901.75

Source: S&P Global Market Intelligence

Sobha Ltd Share analysis

Sobha Ltd price forecast by 16 analysts

Upside of18.11%

High

₹2904

Target

₹1901.75

Low

₹1315

Sobha Ltd target price ₹1901.75, a slight upside of 18.11% compared to current price of ₹1541.55. According to 16 analysts rating.

Source: S&P Global Market Intelligence

Sobha Ltd Performance

  • Day's Low

    Day's High

    ₹1,532
    Day's Price Range
    ₹1,629.95
  • 52 Week's Low

    52 Week's High

    ₹915.34
    52-Week Price Range
    ₹2,155.35
1 Month Return+ 6.15 %
3 Month Return-21.26 %
1 Year Return+ 63.12 %
Previous Close₹1,610.20
Open₹1,614.00
Volume2.10L
Upper Circuit-
Lower Circuit-
Market Cap₹15,356.97Cr

Sobha Ltd Key Statistics

P/E Ratio292.32
PEG Ratio-52.94
Market Cap₹15,356.97 Cr
P/B Ratio5.81
EPS5.04283489096573
Dividend Yield0.21
SectorRealty
ROE1.98

Sobha Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹15,356.97 Cr61.46%0.72₹49 Cr₹3,096 Cr
HOLD₹26,657.10 Cr63.82%0.56₹414 Cr₹10,432 Cr
BUY₹31,150.70 Cr100.98%0.65₹401 Cr₹4,896 Cr
SELL₹95,379.24 Cr370.81%0.73₹1,574 Cr₹21,889 Cr
BUY₹10,780.43 Cr10.95%0.58-₹211 Cr₹3,035 Cr

About Sobha Ltd

Founded in 1995, Sobha Limited (formerly known as Sobha Developers Limited) is a leading real estate developer that specializes in the business of construction, development, and sale of townships, residential and commercial projects. The company operates across 14 states in India, with a geographic presence in 27 cities and real estate projects aggregating to 29.33 million square feet of developable area. Over the years, the company has covered milestones, earning an ISO 9001 1994 series certification, receiving recognitions like the Brick and Mortar Award, and becoming a public company in 2006. In order to provide quality services, the company expanded operations to include manufacturing activities related to interiors, glazing, and metal works and concrete products, setting up an academy and R&D centre in 2003. In recent years, Sobha Limited has ventured into Joint Ventures, acquired several companies, and Buy Back of shares from shareholders. In FY 2020, the company completed 5.86 million square feet of developable area which included the launch of projects in Pune, Coimbatore, and Chennai with an area of 1.42 million square feet. Similarly, in FY 2022, the company executed and handed over 7.78 million square feet of projects. With 6 direct subsidiaries and 5 stepdown subsidiaries, Sobha Limited is a renowned real estate developer striving to provide quality services across India.

Share Price: ₹1541.55 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹15,356.97Cr 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
OrganisationSobha Ltd
HeadquartersBangalore
IndustryRealty
E-voting on sharesClick here to vote

Key events for Sobha Ltd

  • Sobha Ltd Reports Strong Growth and Performance - 17 Dec, 2024

    Sobha Ltd's stock surged nearly 60% in 2024, driven by robust financial performance. H1FY25 revenue reached ₹3,052 crore, with a 32% YoY price increase. The company maintains an optimistic sales guidance of ₹8,500 crore for FY25, supported by a successful ₹2,000 crore capital raise for expansion.
  • Sobha Ltd Plans Increased Launches for FY25 - 13 Dec, 2024

    Sobha Ltd aims to enhance its launches in H2FY25 to meet its annual pre-sales target of Rs 8,500 crore, with projects planned in multiple cities including Hyderabad, Pune, Greater Noida, and Mumbai.
  • HSBC Recommends Buy for Sobha Ltd Shares - 12 Dec, 2024

    HSBC has issued a buy recommendation for Sobha Ltd, anticipating strong pre-sales momentum and a shift in demand towards mid-income buyers, with a potential upside of 28%.
  • Sobha Ltd Reports Strong Q2 Growth in Sales and Profit - 28 Nov, 2024

    Sobha Ltd reported a 25.95% increase in net sales to Rs 933.59 crore for September 2024, with net profit rising 74.56% to Rs 26.09 crore. EBITDA increased slightly, and EPS rose to Rs 2.60. However, shares have seen a -17.32% decline over the past six months, despite an 84.54% gain over the last year.
  • Geojit Financial Services Rates Sobha as Accumulate - 27 Nov, 2024

    Geojit Financial Services has revised its rating on Sobha Ltd to 'Accumulate' with a target price of Rs 1,802. Despite a 32% YoY decline in pre-sales, the company expects strong performance in H2FY25 due to ongoing projects and upcoming launches.
  • Investec Initiates Buy Rating on Sobha Ltd - 25 Nov, 2024

    Investec has initiated coverage on Sobha Ltd with a 'buy' rating, projecting a 42% upside and an 18% CAGR in pre-sales growth from FY24-FY27. However, risks include a concentrated land bank and potential approval delays affecting sales.
  • Investec Boosts Sobha with Buy Rating and Price Target - 22 Nov, 2024

    Investec has initiated coverage on Sobha Ltd with a Buy rating and a price target of ₹2,150, suggesting a potential upside of 42%. The brokerage highlights Sobha's strong cash flow, reduced leverage, and strategic expansion plans into Mumbai and Noida. Sobha's stock has risen significantly over the past year, reflecting positive market sentiment.
  • 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.

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.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 6.06 Cr → 26.09 Cr (in ₹), with an average increase of 76.8% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 16.75% to 21.80% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 669.86 Cr → 965.29 Cr (in ₹), with an average increase of 30.6% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Oberoi Realty Ltd has given 62.4% return, outperforming this stock by 0.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 52.77% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Oberoi Realty Ltd has given 189.4% return, outperforming this stock by 88.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 17.24% to 12.87% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 10.93% to 10.92% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, SOBHA stock has moved down by -13.5%

Sobha Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹741.24Cr (-)₹684.93Cr (↓7.60%)₹762.86Cr (↑11.38%)₹640.40Cr (↓16.05%)₹933.59Cr (↑45.78%)
Net Income₹14.95Cr (-)₹15.08Cr (↑0.87%)₹7.03Cr (↓53.38%)₹6.06Cr (↓13.80%)₹26.09Cr (↑330.53%)
Net Profit Margin2.02% (-)2.20% (↑8.91%)0.92% (↓58.18%)0.95% (↑3.26%)2.79% (↑193.68%)
Value in ₹ crore
Details2021202220232024
Total Assets₹10,754.09Cr (-)₹11,119.25Cr (↑3.40%)₹12,151.68Cr (↑9.29%)₹13,186.71Cr (↑8.52%)
Total Liabilities₹8,467.01Cr (-)₹8,841.02Cr (↑4.42%)₹9,810.61Cr (↑10.97%)₹10,828.78Cr (↑10.38%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹82.50Cr (-)₹641.06Cr (↑677.04%)₹803.31Cr (↑25.31%)₹1,172.67Cr (↑45.98%)₹684.05Cr (↓41.67%)

Index Inclusions

S&P BSE Realty

₹8,257.38

-4.07 (-350.76%)

Nifty Realty

₹1,060.10

-3.91 (-43.15%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty Smallcap 250

₹17,693.65

-2.01 (-363.55%)

S&P BSE 400 MidSmallCap

₹12,101.72

-2.24 (-276.79%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 250 SmallCap

₹7,054.81

-2.03 (-146.24%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

Sobha Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
52.77%
0.00
Foreign Institutions
10.92%
-0.11
Mutual Funds
21.8%
30.10
Retail Investors
12.87%
-25.38
Others
1.64%
-28.56

Sobha Ltd Key Indicators

Details20202021202220232024
Book Value Per Share (₹)249.53249.19248.7256.06258.05
Details20202021202220232024
Earning Per Share (₹)28.916.417.7810.75.04
Details20202021202220232024
Return On Equity %13.262.876.294.131.98
Details20202021202220232024
Return On Assets %2.670.581.560.860.37

Sobha Ltd Valuation

Sobha Ltd in the last 5 years

  • Overview

  • Trends

Lowest (3.70x)

March 27, 2020

Industry (153.61x)

December 19, 2024

Today (292.32x)

December 19, 2024

Highest (459.89x)

September 23, 2024

LowHigh

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 Results
  • Sobha Ltd Dividends May,2024

    In the quarter ending March 2024, Sobha Ltd has declared dividend of ₹3 - translating a dividend yield of 0.39%.

    Read More about Dividends

Sobha Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Sobha Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Sobha Ltd

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Sobha Ltd (SOBHA) share price today is ₹1541.55

Sobha Ltd is listed on NSE

Sobha Ltd is listed on BSE

  • Today’s highest price of Sobha Ltd is ₹1629.95.
  • Today’s lowest price of Sobha Ltd is ₹1532.

PE Ratio of Sobha Ltd is 292.32

PE ratio = Sobha Ltd Market price per share / Sobha Ltd Earnings per share

Today’s traded volume of Sobha Ltd(SOBHA) is 2.10L.

Today’s market capitalisation of Sobha Ltd(SOBHA) is ₹15356.97Cr.

Sobha Ltd(SOBHAPrice
52 Week High
₹2155.35
52 Week Low
₹915.34

Sobha Ltd(SOBHA) share price is ₹1541.55. It is down -28.48% from its 52 Week High price of ₹2155.35

Sobha Ltd(SOBHA) share price is ₹1541.55. It is up 68.41% from its 52 Week Low price of ₹915.34

Sobha Ltd(SOBHAReturns
1 Day Returns
-68.65%
1 Month Returns
6.15%
3 Month Returns
-21.26%
1 Year Returns
63.12%