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100% Buy

Sobha Share Price

SOBHA

₹1,578.30-₹36.70 (-2.27%) Past YearLast updated on 19 Apr, 2024 | 03:55 PM IST
₹1,560.70₹1,606.60
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Company overview

About

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Market cap

Market Cap Switch₹14,970 Cr

Open

₹1,581.00

Close

₹1,615.00

Circuit range

₹1,938.00 - ₹1,292.00

Day range

₹1,560.70 - ₹1,606.60

Year range

₹442.15 - ₹1,687.00

Volume

1,00,648

Avg. traded

₹1,582.37

Revenue (12m)

₹3,544 Cr

Sobha

Sobha Limited is a multinational real estate developer based in Dubai, UAE. It has a corporate office in Bengaluru, India. The company is focused on developing a diverse range of properties such as corporate offices, IT parks, hotels, hostels, convention centres, multiplexes, training centres, academic institutions and food courts.

The market capitalisation of Sobha Limited is over ₹12,200 crore as of January 9, 2023. Sobha Limited share price has gained over 170% in the last three years.

Business operations

Sobha Limited focuses on several key business verticals including real estate, where it specialises in developing residential and commercial properties. Its contractual division deals with EPC (engineering, procurement and construction) contracts, specifically catering to external institutional clients. In the manufacturing division, the real estate company contributes significantly to the construction industry by offering various production capabilities such as concrete, glazing and interiors.

Primarily a construction company, Sobha Limited has ventured into other verticals as well. It manufactures concrete products such as blocks, pavers, kerb stones, water drainage channels, paving slabs, elite landscape items, and glass fiber reinforced concrete (GFRC) products.

Sobha Limited's business operations comprises various divisions: Sobha Interiors Division, Sobha Glazing and Metal Works Division, Sobha Concrete Products, Sobha Projects & Trade Division, Sobha Renaissance Information Technology, S & T Group - Oman, Indeset - UAE and Gulf International Construction & Interiors Company (GICI) - Qatar. It also has a retail division including Sobha Restoplus- Spring Mattress and Sobha Modular Office Furniture.

The company has completed projects spanning 128 million square feet across 27 cities in 14 states, with an additional 35.84 million square feet currently under development. Over the past five years, Sobha Limited's has consistently maintained a strong delivery pace, averaging 5 million square feet annually. The company is a leader in real estate having completed 191 real estate developments totalling 70.34 million square feet across 7 cities as of March 31, 2023.

Among its corporate clients are popular names such as Infosys, LuLu, Biocon, Syngene, Dell, HP, Timken, Taj, Bayer Material Science, HCL, Bharat Forge, ITC, Bosch, GMR and Huawei Technologies.

Sobha Limited is also the only real estate company in India with complete backward integration, covering all in-house capabilities from design to delivery, supported by proficient technicians and an extensive manufacturing setup. Its manufacturing division operates four primary factories in Bengaluru, spanning 25 acres with a shop floor footprint of approximately 1.13 million square feet.

Sobha also runs a glazing and metal works division that operates a cutting-edge facility dedicated to delivering high-quality products to enhance the aesthetics and functionality of projects. Specialising in unitised panels, the division can produce 360 square metres of panels daily, with an output rate of 80 panels per day.

Financial Highlights

Sobha Limited's revenue from operations for FY23 stood at ₹3,310.1 crore, up by 29.2%, as compared to ₹2,561.2 crore in FY22. The net profit after tax for FY23 was ₹104.2 crore compared to ₹173.2 crore during the previous year. In FY23, the earnings before interest, tax, depreciation and amortisation (EBITDA) increased to ₹461.84 crore from the previous year's ₹616.78 crore. The company's diluted earnings per share (EPS) stood at ₹10.99 in FY23 compared to ₹18.27 in the previous financial year.

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Sobha Key indicators

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52 week high

₹1,687.00

52 week low

₹442.15

P/E ratio

164.92

P/B ratio

5.98

ROE

4.13%

ROCE

8.32%

Dividend yield

0.19%

Debt/Equity ratio

0.83

EPS

10.05

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Investment checklist: (2/6)

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Equity returns

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Dividend returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

100%

Hold

0%

Sell

0%

This analysis is based on the reviews of 12 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

13.16%

Net profit margin

2.86%

ROE

4.13%

ROA

0.82%

ROCE

8.32%

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Sobha Shareholder returns

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1 day

-2.27%

1 week

-4.02%

1 month

+25.61%

3 months

+8.67%

1 year

+241.77%

3 years

+226.43%

5 years

+211.92%

Revenue statement

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Sobha Share Price history

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DayOpenCloseDay’s change
Fri, Apr 19 2024
₹1,581.00
₹1,578.30
-0.17%
Thu, Apr 18 2024
₹1,606.00
₹1,615.00
+0.56%
Tue, Apr 16 2024
₹1,575.00
₹1,608.00
+2.05%
Mon, Apr 15 2024
₹1,542.00
₹1,582.50
+2.56%
Fri, Apr 12 2024
₹1,650.00
₹1,601.30
-3.04%
Wed, Apr 10 2024
₹1,604.80
₹1,644.35
+2.41%
Tue, Apr 9 2024
₹1,548.05
₹1,600.70
+3.29%
Mon, Apr 8 2024
₹1,568.95
₹1,540.10
-1.87%

Shareholding info

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Promoters (52.28%)

Mutual Funds (16.01%)

Retail and other (18.29%)

Foreign institutions-FII (11.87%)

Other domestic institutions (1.55%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹3/share

    Ex date 28 Jul 2023

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  • Dividend • ₹3/share

    Ex date 28 Jul 2022

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  • Rights Issue • 0:0

    Ex date

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Frequently asked questions