Sobha Ltd delivered exceptional Q4 FY26 results with net profit more than doubling to ₹92 crore, representing a 124% year-on-year increase from ₹41 crore in the same period last year. According to reports from The Economic Times, the company's revenue also climbed 29% to ₹2,030 crore in Q4 FY26, up from ₹1,270 crore in the previous year. Collections for the quarter stood at ₹1,990 crore, up 11% sequentially and 26% year-on-year.
The company's operational performance showed strong momentum with EBITDA increasing 62% to ₹152 crore from ₹94 crore a year ago. As reported by The Economic Times, EBITDA margin remained flat at 8% on a year-on-year basis. Quarterly sales value reached ₹2,039 crore in Q4 FY26, marking a 30% year-on-year increase. The average price realization during the quarter was ₹15,268 per sq. ft, while the company sold 1.33 million sq. ft of area, up 18% compared with the year-ago period.
Bengaluru emerged as the top-performing region with sales of ₹1,037 crore, accounting for 51% of total sales in Q4 FY26. According to the company's regulatory filing, Kerala contributed ₹808 crore driven by new towers at Marina One in Kochi and a project launched in Thiruvananthapuram. The NCR region followed with ₹610 crore, supported by the launch of SOBHA Rivana in March 2026. Other cities added ₹396 crore to the total sales value.
Sobha has officially entered the Mumbai housing market with its inaugural project, 'SOBHA Inizio,' featuring 310 apartments and spanning over an acre. As reported by The Economic Times, the company holds ₹13,000 crore in unsold inventory and plans to launch new properties to meet growing housing demand. A strong pipeline of 15.96 million sq ft residential and 0.74 million sq ft commercial space is planned for launch over the next 4-6 quarters. The company plans to launch 15 projects worth nearly ₹22,000 crore over the next 18 months, spanning 16.7 million sq ft across residential and commercial spaces in cities including Bengaluru, Mumbai, Delhi-NCR, and Chennai.
For the full year FY26, Sobha demonstrated strong financial discipline with total collections reaching ₹7,798 crore. As reported by The Economic Times, net debt declined sharply to ₹800 crore, resulting in a net debt-to-equity ratio of -0.17. The company's full-year sales value rose 30% year-on-year to ₹8,135 crore, up from ₹6,276 crore in FY25, with Q4 contributing ₹2,039 crore to the total.
The strong financial performance drove significant investor interest, with shares of real estate and construction major Sobha Ltd rallying as much as 9.5% to their day's high of ₹1,575.55 on the BSE on Tuesday. According to The Economic Times, the rally was attributed to the company's resilient demand for premium housing and strategic land bank for future growth. The company highlighted these factors as key drivers of its exceptional quarterly performance.
