Sobha Limited — Investor Meet, 03-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Sobha Limited has announced a board meeting to consider the financial results for the quarter and half-year.

Q4 FY25 revenue rose 29% YoY to Rs. 4,163 Cr, with EBITDA at Rs. 418 Cr and PAT at Rs. 95 Cr (margin 2.3%). FY25 real estate sales reached Rs. 6,277 Cr, led by Bangalore (58%), Gurgaon (20%), and Kerala (13%). Average realization increased 23% YoY to Rs. 13,412/sq ft. Management targets 30-35% sales growth in FY26 to cross Rs. 10,000 Cr with launches in 14 cities. Operating cash flow was strong at Rs. 6,184 Cr; net debt turned negative with Rs. 1,761 Cr cash offsets. Residential pipeline stands at 18.56 mn sq ft across 18 projects.

Demand is steady, particularly in Bangalore, Gurgaon, and Kerala, with moderate pricing growth expected next year. Management is focused on scaling launches through restructuring and tech adoption, targeting at least 10% operating cash flow growth in FY26.