SOBHA maintains growth momentum in Q2 FY26 with record collections, PAT Up 178% YoY

Sobha Limited announced its Q2 FY26 results, highlighting steady growth driven by consistent performance, sustained demand, and healthy cash flows. SOBHA delivered a healthy quarter, achieving its historic cash flow performance crossing Rs. 2,000 Crore for the first time.

Key Highlights of Q2 FY'26 include:

Financial Performance

- PAT stood at Rs 0.73 bn, marking a 178% YoY increase, 433% QoQ increase.
- Revenue was Rs 14.69 bn, registering a 52% YoY growth, 63% QoQ increase.
- Historic Cashflow: Collections contributed Rs. 20.46 bn, registering a 49% YoY increase, 15% QoQ increase.
- Net debt continuously reduced and currently stands at -7.51 bn resulting in Net Debt-to-Equity ratio of -0.16.

Sales and Operational Performance

- Achieved highest-ever H1-FY26 sales value of ₹39,814 mn, a growth of 30% over H1-FY25.
- Quarterly sales value reached Rs. 19.03 bn, up 61% YoY.
- New area sold stood at 1.39 mn sq. ft., marking a 50% YoY increase.
- Average price realization stood was Rs. 13,648 per sq. ft.

Mr. Jagadish Nangineni, Managing Director, SOBHA Limited said, "We delivered a strong and stable performance in Q2 FY26, building on the momentum created in the previous quarter in terms of real estate sales, with highly integrated sales and marketing efforts. It also reflects the steady demand for luxury residential real estate in a growth economy, with improving macroeconomic parameters & timely government interventions. Our project delivery teams have also increased the pace of project completions with world-class quality across cities, with completions of 2.25 mn sft (1185 homes) in the first half of the year. Improved profitability would reflect as we increase the volume of deliveries in higher margin projects. With a clear pipeline of 16.69 mn sft of future launches in the next six quarters, strong balance sheet and a stable demand environment, we are well positioned for growth and to capitalize on potential opportunities. Our unique backward integrated model would drive quality, reliability and scale for the company."

Shares of Sobha Limited was last trading in BSE at Rs. 1525.35 as compared to the previous close of Rs. 1545.60. The total number of shares traded during the day was 5394 in over 774 trades.

The stock hit an intraday high of Rs. 1545.00 and intraday low of 1511.10. The net turnover during the day was Rs. 8252603.00.

Source : Equity Bulls

Keywords

Sobha INE671H01015 Realty Q2FY26 ResultUpdate