Sobha Limited — Important, 30-07-2025: General Updates

Sobha Limited is now a zero-debt company with ₹630 Cr net cash, boosted by a ₹1,999 Cr oversubscribed rights issue. It reported record real estate sales of ₹6,277 Cr (Sobha's share ₹4,960 Cr) in FY24-25, driven by a 22.8% rise in premium segment price realization to ₹13,412/sq ft. Operational cash inflows reached an all-time high of ₹6,184 Cr. The company launched 8 new projects totaling 8.76 million sq ft. Plans include aggressive expansion into Mumbai and Greater Noida next fiscal, with a 19.27 million sq ft development pipeline. A ₹3 dividend per share was declared.