Sobha Limited — Investor Meet, 30-07-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Sobha Limited reported Q1 FY26 with record real estate sales of INR2,078.8 crore, primarily from the successful Sobha Aurum launch in Greater Noida. Current margins were impacted by delayed Occupation Certificates on five Bangalore projects, which, if recognized, would have added over INR650 crore revenue. Management expects significant margin improvement ahead. Collections were at an all-time high of INR1,778 crore. The company plans to launch over 8 million sq ft this fiscal, with strong project-level EBITDA margins on new sales, signaling confidence in sustained growth and robust future cash flow.