Sobha Limited — Investor Meet, 21-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Sobha Ltd. achieved record Q3 FY26 real estate sales of ₹2,115 crore, pushing 9-month sales to ₹6,097 crore with an 8% rise in average price realization. Q3 profits were lower due to ₹500 crore revenue deferred from OC delays, expected next quarter. Management anticipates margin expansion with increased completions.

The company plans 3-4 Q4 launches (8.5M sq ft) and has a 16.5M sq ft future pipeline. Net operational cash flow jumped 78% YoY to ₹362 crore in Q3, backed by a strong cash balance. Management is confident in long-term growth, focusing on quality, disciplined expansion, and capitalising on opportunities across key markets.