StockWatch
·
Filing
Q3

Sobha Limited

SOBHAFY2616 Jan 2026
Revenue-33.0%
Net Profit-78.7%
OPM4.11%

P&L

Quarterly Consolidated

Revenue
-33.0%943.11
Expenditure
-29.8%962.33
Net Profit
-78.7%15.43
NPM 1.57%-68.2%EPS ₹1.44-78.8%

vs Q2 FY26

Sobha Ltd Achieves Record Sales in Q3 FY26, Expands to Mumbai

16 Jan 2026 · 16 Jan, 5:42 pm

Summary

Sobha Ltd announced its Q3 FY26 results, delivering record quarterly sales and expanding its footprint with entry into a new market. The company achieved highest-ever Q3-FY26 sales value of 21.15 bn, a growth of 52% YoY, and 11% QoQ. New area sold stood at 1.37 mn sq. ft., marking a 35% YoY increase. PAT stood at 1.02 bn in 9M FY26, registering a strong 89% YoY growth compared to 9M FY25, with 0.15 bn contributed in Q3 FY26. Revenue was 733.53 bn in 9M FY26, registering a 16% increase YoY compared to 9M FY25, with 9.83 bn contributed in Q3 FY26. Collections contributed 58.09 bn in 9M FY26, registering a 32% growth YoY to 9M FY25, with 219.85 contributed in Q3 FY26.

Key Highlights

  1. 1

    Achieved highest-ever Q3-FY26 sales value of 21.15 bn, a growth of 52% YoY, and 11% QoQ

  2. 2

    Newarea sold stood at 1.37 mn sq. ft., marking a 35% YoY increase

  3. 3

    PAT stood at 1.02 bn in 9M FY26, registering a strong 89% YoY growth compared to 9M FY25, with 0.15 bn contributed in Q3 FY26

  4. 4

    Revenue was 733.53 bn in 9M FY26, registering a 16% increase YoY compared to 9M FY25, with 9.83 bn contributed in Q3 FY26

  5. 5

    Collections contributed 58.09 bn in 9M FY26, registering a 32% growth YoY to 9M FY25, with 219.85 contributed in Q3 FY26

  6. 6

    Net debt continuously reduced and currently stands at (-7.92) bn resulting in Net Debt-to-Equity ratio of (-0.17)

Management Comments

M

Mr. Jagadish Nangineni

The first nine months of FY26 have been truly exceptional for SOBHA, with our real estate sales reaching an all-time high of %6,097 crores... We are confident that this strong momentum will sustain, fueled by our planned new project launches in a resilient Indian macroeconomic environment, even as we navigate heightened geopolitical volatility... A significant milestone this period was our entry into the vibrant Mumbai market with the launch of SOBHA Inizio, expanding our real estate presence to 13 cities across India... With gross debt at a prudent %910 crores and a negative net debt, our robust balance sheet uniquely equips us to capitalize on emerging opportunities while effectively managing the inherent cyclicality of residential real estate.

Informational and educational content only. Not investment advice.