Sobha shares rocket 10% after Q4 profit soars 124% YoY to Rs 92 crore

Shares of real estate and construction major Sobha Ltd rallied as much as 9.5% to their day’s high of Rs 1,575.55 on the BSE on Tuesday after the company's Q4 net profit more than doubled, rising 124% YoY to Rs 92 crore, up from Rs 41 crore in the same period last year.

Revenue rose 29% year-on-year to Rs 2,030 crore in Q4 FY26, up from Rs 1,270 crore in the same quarter last year. Collections for the quarter stood at Rs 1,990 crore, up 11% sequentially and 26% year-on-year.

Earnings before interest, tax, depreciation, and amortisation (EBITDA) increased 62% to Rs 152 crore from Rs 94 crore a year ago. EBITDA margin remained flat at 8% on a year-on-year basis.


For the full year FY26, total collections reached Rs 7,798 crore. Net debt declined sharply to Rs 800 crore, resulting in a net debt-to-equity ratio of -0.17, the company said in a regulatory filing on Monday.

Quarterly sales value stood at Rs 2,039 crore in Q4 FY26, marking a 30% year-on-year increase. Average price realisation during the quarter was Rs 15,268 per sq. ft. The company sold 1.33 million sq. ft of area in Q4 FY26, up 18% compared with the year-ago period, while launches during the quarter totalled 3.31 million sq. ft of saleable area.

Kerala contributed Rs 808 crore to sales, driven by new towers at Marina One in Kochi and a project launched in Thiruvananthapuram, while other cities added Rs 396 crore.

In Q4 FY26, Bengaluru led sales with Rs 1,037 crore, accounting for 51% of the total. NCR followed with Rs 610 crore, supported by the launch of SOBHA Rivana in March 2026. Kerala contributed Rs 259 crore, while other regions brought in Rs 71 crore.

For the full year FY26, sales value rose 30% year-on-year to Rs 8,135 crore, up from Rs 6,276 crore in FY25, with Q4 contributing Rs 2,039 crore.

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“As we transition into FY 27, our focus is squarely on sustaining this upward trajectory. We have planned significant launches across cities, featuring a strong pipeline of projects designed to meet the aspirations of modern homeowners,” the Sobha management said.

“The structural demand for premium housing remains resilient, and with our execution excellence, strategic land bank, disciplined capital structure, we firmly believe we are in the best position to capture the growth opportunities,” it added.

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