SOBHANSE29 May 2025

Sobha Limited has informed the Exchange about Investor Presentation Q4 FY 2025

Sobha Limited

SOBHA

Department of Corporate Services BSE Limited PJ Towers, Dalal Street Mumbai – 400 001 Scrip Code: 532784 & 890205

The National Stock Exchange of India Limited Exchange Plaza, Plot No C/1, G Block Bandra Kurla Complex Mumbai – 400 051 Scrip Code: SOBHA & SOBHAPP

Date: May 29, 2025

Dear Sirs/Madam(s),

Sub: Investor Presentation for the quarter and financial year ended March 31, 2025.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith the Investor Presentation of the Company on the financial results of the Company for the quarter and financial year ended March 31, 2025.

Kindly take the aforesaid information on record in compliance of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015.

FOR SOBHA LIMITED

Bijan Kumar Dash Company Secretary & Compliance Officer Membership No. ACS 17222

Regd & Corporate Office:

SOBHA LIMITED

SOBHA Limited, Sarjapur - Marathahalli, Outer Ring Road, Bellandur Post, Bengaluru - 560103, Karnataka, India.

CIN: L45201KA1995PLC018475 | Tel: +91 80 49320000 | www.sobha.com | Email: investors@sobha.com

OF PASSION

BHA

Investor Presentation Q4- FY2025

SOBHA at 30

• Precision: engineering-led delivery since 1995, setting industry benchmarks

• Excellence: uncompromising quality and meticulous workmanship across 500+ landmark projects

• Trust: timely delivery, transparent processes and enduring customer relationships

• Resilience: net-debt negative in FY 25, underscoring financial strength

Innovation: Backward integration model, ensuring in-house concept-to-completion capabilities

•

143.65 mn

532

7 mn

43.58 mn

sft completed

Developments

sft annual delivery run rate

sft under development

27 Cities and 14

25+

Acres

4,500+

Professiona ls

states across India

Manufacturing units

11,400+

Techn icians

Scale at a Glance

SO BH A

FY Highlights & Outlook

PASSIO

I Sales & Operations I Consolidated Financials I SOBHA at 30 I Project Updates

FY 2025 Performance Highlights

Resilient delivery. Strong cashflow. Disciplined execution.

SALES

CASHFLOW

P&L

₹62.77 Bn Sales Value

Saleable Area: 4.67 Mn sft

₹61.84 Bn Total Operational cash inflow

c Net Operational Cashflow: ₹11.74 Bn Net Cashflow: ₹18.93 Bn*

₹41.63 Bn Revenue

EBITDA : ₹4.18 Bn (10.2%) PAT : ₹0.95 Bn (2.2%)

Net Debt: (₹6.30 Bn) Debt / Equity: (0.14)

DEBT

₹11.31 Bn Gross Debt

COMPLETIONS

LAUNCHES

RIGHTS ISSUE

CREDIT RATING

3,008 units 36 Towers I SBA: 4.54 Mn sft

8.76 Mn sft 8 projects across 4 cities

₹19.99 Bn Successful completion

SO BHA

* Rights issue receipts included

AA- Stable Rating improved from A+, indicating very low credit risk

₹19.99 Bn fund raising completed in FY 2025

➢ Rights Issue details:

▪ Total Size of the Issue: ₹19.99 bn

▪ Net proceeds (post Rights Issue expense): ₹19.86 bn

▪ No. of shares issued: 12,107,981 of face value ₹10

▪ Issue price: ₹1,651 per share

➢ The Issue was oversubscribed by 1.39 times

Particulars

₹ Mn

Total Issue

Utilization 31.03.2025

% utilization

Repayment or prepayment, in full or in part, of certain borrowings availed

9,050

100%

Funding project related expenses for Ongoing & Forthcoming Projects

2,124

580

27%

➢ Total no. of shares after Rights issue, as on 31.03.2025

Purchase of equipment and machinery

2,100

233

11%

was 106.95 Mn

➢ Promoter’s shareholding has increased to 52.88% post

Funding acquisition of land and general corporate purposes

6,586

4,867

74%

the Issue

➢ Book Equity value as on 31.03.2025 was ₹45.61 bn

Total

19,860

14,730

74%

SO BHA

Steady growth across business parameters in last 5 years

Total Revenue

Total Cash Inflow

Real Estate Sales

₹ Bn / % CAGR

41.63

18%

21.90

30.77

19%

61.84

62.77

19%

31.37

FY-21

FY-25

FY-21

FY-25

FY-21

FY-25

Profit After Tax

Net Operating Cashflow

Net Debt

11%

0.95

0.63

17%

11.74

6.20

28.52

FY-21

FY-25

FY-21

FY-25

FY-21

SO BHA

FY-25

(6.30)

Value Creation Pipeline - FY 2026 Onwards

FY26 Inventory

Forthcoming Projects

Developable Land Potential

11.44 Mn sft

19.27 Mn sft

43.54 Mn sft

Sales value ₹177.63 Bn

Potential Sales value ₹266 Bn

Across 432 acres in 9 cities Forthcoming: 177 acres | 19.27 Mn sq ft Subsequent: 255 acres | 24.27 Mn sq ft

Revenue to be recognized

₹158.73 Bn Project level expected EBITDA margin: 33%

Future Marginal Cashflow

₹105.39 Bn

Ongoing / Completed projects

₹72.81 Bn

Forthcoming projects

Poised for future growth

▪ Disciplined sustainable growth mantra shall remain at the core

▪ Significant focus will be on risk

mitigations, margin protection and improving operational efficiency

▪ World class product quality delivery

remain our strong backbone

▪ Product strategy to remain focused

on residential – apartments, rowhouses, plotted developments

▪ Major growth is targeted from

Bangalore, NCR & Mumbai in long term

SO BHA

Inventory visibility - Ongoing & Forthcoming

Inventory visibility – Real Estate

Forthcoming projects - Residential and Commercial

SBA (Mn sft), Sales value (₹ Bn)

Inventory status

Completed projects

Ongoing projects - Released

Ongoing projects - Unreleased

SBA

0.15

6.24

5.05

Sales Value

1.73

102.29

73.61

Forthcoming projects – Residential

18.56

254.22

Forthcoming projects – Commercial

0.71

11.64

Total inventory visibility

30.71

443.49

▪ Unreleased Inventory comprises of towers in SOBHA Altus & SOBHA

Aranya (Gurgaon), SOBHA Neopolis, SOBHA Ayana, SOBHA Crystal

Meadows, SOBHA Madison Heights and SOBHA Hamptons (Bangalore)

▪ Sobha’s effective share in forthcoming projects (total) inventory is 81.4%

▪ In FY 2026, we plan to launch 8-9 mn sft of our forthcoming projects

SO BHA

City /Region

Bangalore

Gurgaon

Greater Noida

Pune

Mumbai

ChennaI

Kochi

Trivandrum

Calicut

Residential Projects

Gurgaon

Commercial Projects

Total Forthcoming

No. of Projects

SBA

7.56

3.37

3.10

0.85

0.17

1.50

0.92

0.25

0.83

18.56

0.71

19.27

Projected Marginal Cashflow to be realized

SBA (Mn sft), Sales value (₹ Bn)

Particulars

Total Saleable area

Sobha’s share of Saleable area

Total area sold till 31st March 2025

Unsold area as on 31st March 2025

Balance cost to incur as on 31st March 2025

Outstanding receivables + Balance to be billed & collected on sold units* + Refundable deposit

Completed Projects

Ongoing – Released

Ongoing - Unreleased

Total

• Balance receivables from completed and

16.79

15.71

15.56

0.15

3.38

23.28

22.61

16.37

6.24

91.23

5.06

5.05

45.13

43.37

31.93

11.44

41.20

135.81

ongoing released projects is more than

adequate to cover the cost to complete the

same

• The unsold stock value is projected at last

sold price for respective projects

•

“Ongoing-Released” refers to inventory

from launched projects, offered for sale

1.29

93.01

0.13

94.43

* All reported futures cash inflows are net of

Sales value of unsold stock ^

1.34

79.08

66.34

146.76

Marginal Cashflow – Completed & Ongoing

(0.75)

80.86

25.27

105.38

JD partner payments

^ Unsold area sale value is based on latest

sales price in the respective projects; Sobha’s

Marginal Cashflow – Forthcoming Projects

SO BHA

share is only considered

72.81

Developable Land Bank to support growth

Developable Land Bank Area (Acres)

Gurgaon, 73, 17%

Greater Noida, 15, 3%

Kerala, 16, 4%

Tamil Nadu, 80, 19%

Regions*

Bangalore

Gurgaon

Greater Noida

Kerala

Tamil Nadu c

Pune

Mumbai

Total Land (Acres)

Development Potential (SBA in Mn sft)

Forthcoming Projects Land

Subsequent Projects Land

177

19.3

137

255

24.3

Total

213

432

43.6

Bangalore, 213, 49%

SO BHA

Pune, 34, 8%

Mumbai, 1, 0%

Sobha share (%)

81.4%

86.0%

84.0%

* Bangalore includes Mysore; Tamil Nadu includes Chennai, Coimbatore, Hosur; Kerala includes Kochi, Trivandrum, Thrissur and Calicut.

▪

In addition to the above lands, a total of 1,765 Acres of land bank is under various

stages of consolidation, monetization and self use

~48 acres in Hoskote is considered under Subsequent Projects Land

Sales & Operations

OF PASSION

FY Highlights & Outlook I

I Consolidated Financials I SOBHA at 30 I Project Updates

Sales Performance | Q4 & FY25

New Sales Area (Mn. Sft)

Total Sales Value (₹ Bn)

6.08

(23%)

4.68

66.44

(6%)

62.77

1.34

16%

1.56

4.00

22%

18.36

15.04

Q4-24

Q4-25

FY-24

FY-25

Q4-24

Q4-25

FY-24

FY-25

Avg. Price Realization (₹/ sft)

Sobha’s Share - Sales Value (₹ Bn)

11,230

11,781

10,922

23%

13,412

54.15

(8%)

49.60

12.74

►

13.70

Q4-24

Q4-25

FY-24

FY-25

Q4-24

Q4-25

FY-24

FY-25

SO BHA

Region wise sales performance | Q4 & FY25

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7 PA SS I O N

New Sales Area ( sft)

Q4 FY25 (₹ Bn)

FY25 (₹ Bn)

Region

Bangalore

Gurgaon

Kerala*

GIFT City

Hyderabad

Tamil Nadu*

Pune

Total

Q4 FY25

FY25

1,242,456

2,845,951

77,458

120,687

17,481

28,640

52,067

19,401

514,358

757,864

138,999

85,688

265,555

71,410

Bangalore

Gurgaon

Kerala*

GIFT City

Hyderabad

1,558,190

4,679,825

Tamil Nadu*

Sales Value (₹ Bn)

Sobha’s Share (₹ Bn)

18.36

13.70

62.77

49.60

Pune

*Kerala includes Kochi, Thrissur, Calicut and Trivandrum ; Tamil Nadu includes Chennai and Coimbatore

SO BHA

1.79

1.08

1.28 1.12

0.22 0.22

0.42 0.42

0.37 0.26

0.22 0.22

14.06

10.38

Bangalore

36.42

31.36

Gurgaon

Kerala*

GIFT City

Hyderabad

Tamil Nadu*

Pune

12.49

6.93

8.38

6.37

1.71 1.71

I I I I

1.24 1.24

1.70 1.17

0.82 0.82

■

Total Sales Value

■

Sobha Share

Sales Value by Price bands | Q4 & FY25

Q4 FY25

FY 25

Major Projects – Contribution to FY25 Sales

₹1 - ₹2 Cr. 17%

> ₹3 - ₹5 Cr. 13%

<₹ 1 Cr. 6%

₹2 - ₹3 Cr. 39%

₹1 - ₹2 Cr. 13%

₹2 - ₹3 Cr. 39%

>₹5 Cr. 25%

> ₹3 - ₹5 Cr. 16%

>₹5 Cr. 29%

<₹ 1 Cr. 3%

• SOBHA Neopolis – 22%

• SOBHA Aranya – 16%

• SOBHA Ayana - 11%

• Marina One – 7%

• SOBHA Madison Heights – 6%

• SOBHA Hamptons – 5%

• SOBHA Oakshire – 5%

• Chartered Birdsong – 4%

• SOBHA Metropolis – 3%

• SOBHA Ridge Whispering Hills – 2%

▪

Products > ₹5 cr. size are contributed from SOBHA Altus, SOBHA Aranya, SOBHA Oakshire and SOBHA Infinia contributed 25% in Q4 FY25 and 29% in FY25

Homes ranging from ₹3 - 5 cr. comprise of projects such as Marina One & SOBHA Atlantis (Kochi), SOBHA Elysia (GIFT City), SOBHA Infinia, SOBHA Neopolis, SOBHA Nesara (Pune) & SOBHA Waterfront (Hyderabad) contributed 13% % in Q4 FY 25 and 15% in FY 25 to the overall value

Category of ₹ 1 - 2 cr. products comprised apartments from SOBHA Arbor (Chennai), SOBHA Meadows – Whispering Hill (Trivandrum), SOBHA Metropolis (Thrissur), SOBHA Royal Crest etc.

Products less than ₹1 cr. was contributed from SOBHA Conserve (Chennai), SOBHA Mountain Mist (Coimbatore) and SOBHA Dream Garden (Bangalore)

SO BHA

New Project Launches | Q4 & FY25

Q4 - FY25 Launches

FY-25 Project Launches

Location

Project

SBA (Sft)

Qtr

SOBHA Hamptons SOBHA Madison Heights

▪ SOBHA Hamptons and Madison Heights are part of the SOBHA Townpark

development – a 33-acre luxury apartment community with access from main Hosur Road, well connected to major IT hubs

▪ Project has total saleable area of 3,670,473 sft offering 2,104 units - 13 wings of G + 41 floors - comprises of 1/2/3/4 BR units with sizes ranging from 754 sft to 2,846 sft

▪ Additionally launched Chartered Birdsong (DM), plotted development spread over

18.38 acres with SBA of 441,582 sft in North Bangalore

SO BHA

Bangalore

SOBHA Townpark (Hamptons & Madison Heights)

3,670,473

Bangalore

Chartered Birdsong (DM)

441,582

Bangalore

SOBHA Ayana

Bangalore

SOBHA Infinia

Gurgaon

SOBHA Aranya

Gurgaon

SOBHA Altus

Chennai

SOBHA Conserve

Coimbatore

SOBHA Mountain Mist

Total

1,130,711

477,003

1,927,458

808,234

189,667

118,373

8,763,502

Projects completion | Q4 & FY25

City / Region

Project*

Q4 FY25

FY-25

iiiiiiii

SBA (Mn Sft)

No. of Units

SBA (Mn Sft)

No. of Units

Bangalore

Gurgaon

Kochi

Thrissur

Calicut

GIFT City

Chennai

Coimbatore

Pune

Total

SOBHA Dream Acres, SOBHA Dream Garden, SOBHA Lake Garden, SOBHA Lifestyle, SOBHA Royal Pavillion, SOBHA Sentosa, SOBHA Rajvilas, SOBHA Victoria Park, SOBHA Windsor

926,151

773

3,240,049

2,285

SOBHA City Gurgaon

International City Gurgaon

Marina One

SOBHA Silver Estate

SOBHA Bela Encosta

SOBHA Dream Heights

SOBHA Gardenia Annex

SOBHA Mountain Mist

SOBHA West Hill Part C

SOBHA Nesara

33,997

17,509

130,553

5,829

119

1,114,040

911

313,012

248,505

89,155

38,752

261,056

15,519

136,077

200,864

4,542,988

157

100

237

3,008

* Completion is taken on Tower/Wing basis for apartment projects, in case of Villas individual unit completion has been considered

SO BHA

Real Estate – Project portfolio as on 31.03.2025

Completed

Ongoing

Developable Area

65.01

4.75

0.81

7.48

1.52

SBA

47.24

3.12

3.54

0.52

5.78

1.08

Developable Area

23.26

0.05

12.25

2.03

0.70

0.81

0.62

SBA

17.04

0.02

8.40

1.57

0.48

0.65

0.44

City/Region

Bangalore*

Gurgaon

Greater Noida

Mumbai

Kerala*

GIFT CITY

Tamil Nadu*

Hyderabad

Pune

Total

Mn sft

Forthcoming

Note:

7.56

4.08

3.10

0.17

2.01

▪ Real Estate product mix includes Multi Storied Apartments, Row Houses, Villas, Plotted Developments & Club House Facilities etc.

▪ Developed / Developable area

includes super built-up area / saleable area (SBA) plus common area, car parking area, service area, storage area, internal roads and common amenities

▪ Forthcoming

projects

include opportunities, where there is clear visibility for launch within next 6-8 quarters; are at advance stages of design & various stages of approval process

▪ Forthcoming projects also include future

commercial projects

1.50

0.85

84.31

61.28

39.72

28.60

19.27

*Bangalore includes Mysore ; Kerala includes Kochi, Thrissur, Calicut and Trivandrum ; Tamil Nadu includes Chennai and Coimbatore

SO BHA

Consolidated Financials

FY Highlights & Outlook I Sales & Operations I

I SOBHA at 30 I Project Updates

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Achieved highest ever Operating Cash Inflow of ₹61.84 Bn

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₹ Bn

Key Highlights

▪ Achieved historically highest operational cash inflows

of ₹17.85 bn in Q4-25 and ₹61.84 bn in FY25

▪

In FY25 Real Estate contributed 89.2% to overall

collections

Total Operational Cash Inflow

Net Operational Cashflow

57.97

61.84

10.90

11.74

▪ Project related outflows (construction & approvals) for

FY-24

FY-25

FY-24

FY-25

FY25 was up 19.0% to ₹26.05 bn, supporting billing &

Real Estate Cash Inflow

Net Cash Flow

(Rights Issue receipts included)

collections growth

▪ Rights Issue proceeds inflow was ₹19.96 bn, 74%

50.35

10%

55.18

utilized

▪ Net Land related payments was ₹9.46 bn, compared to

₹3.83 bn in FY24, in line with our strategy to scale up

FY-24

FY-25

SO BHA

3.78

FY-24

18.93

401%

FY-25

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Consistent cashflow generation over the quarters

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Total Operational Cash Inflow (₹ Bn)

Real Estate Cash Inflow (₹ Bn)

14.93

14.98

15.46

13.75

17.85

21%

14.78

12.93

13.34

13.92

12.23

13.21

20%

15.83

Q3-24

Q4-24

Q1-25

Q2-25

Q3-25

Q4-25

Q3-24

Q4-24

Q1-25

Q2-25

Q3-25

Q4-25

Real Estate Construction Outflows (₹ Bn)

Net Operational Cashflow (₹ Bn)

5.66

5.56

6.12

5.94

6.76

7.24

4.64

3.59

3.23

2.39

1.84

2.03

126%

Q3-24

Q4-24

Q1-25

Q2-25

Q3-25

Q4-25

Q3-24

Q4-24

Q1-25

Q2-25

Q3-25

Q4-25

SO BHA

Consolidated Cashflow Statement | Q4 & FY25

Particulars

Operational Cash Inflow

Real Estate Operations

Contractual & Manufacturing

Total Operational Cash Inflow (A)

Operational Cash Outflow

Real Estate project related outflow

Joint Development Partner payments

Contracts and Manufacturing

Facility management

Overheads

Sales & Marketing

CSR

Indirect Taxes

Income Tax (incl. TDS)

Total Operational Cash Outflow (B)

Net Operational Cashflow (C = A-B)

SO BHA

Q4-25

Q3-25

Q4-24

FY-25

FY-24

₹ Mn

15,834

2,014

17,848

7,240

1,920

1,647

171

757

385

774

273

13,212

4,636

13,206

1,575

14,781

6,758

1,837

1,535

149

661

566

577

639

12,749

2,032

13,339

1,644

14,983

5,559

1,863

1,671

331

546

352

614

429

11,395

3,588

55,184

6,657

61,841

50,345

7,621

57,966

26,053

21,900

7,566

5,909

986

2,896

1,649

135

2,768

2,137

50,100

11,741

9,611

7,178

1,229

2,037

1,318

151

2,458

1,188

47,071

10,895

Cashflow Statement | Q4 & FY25 (continued)

Particulars

Financial Inflow

Rights Issue Proceeds (D)

Financial Outflow

Finance Related Outflow

Dividend

Total Financial Outflow (E)

Net Financial Cashflow (F=D-E)

Net Cashflow after Financing Activities (G=C+F)

Capital Outflow

Net Land Payments

Capex

Total Capital Outflow (H)

Total Cash Inflow (A)

Total Cash Outflow (G =B+D+F)

Net Cashflow (A - G)

SO BHA

Q4-25

Q3-25

Q4-24

FY-25

FY-24

9,966

19,961

₹ Mn

301

9,665

14,301

3,132

303

3,434

27,814

16,948

10,866

338

(338)

1,694

3,058

394

3,452

14,781

16,539

(1,758)

464

(464)

3,124

2,105

209

2,313

14,983

14,172

811

1,469

301

1,770

18,191

29,9325

9,463

1,544

11,006

81,803

62,877

18,926

1,951

284

2,235

(2,235)

8,660

3,829

1,056

4,885

57,966

54,191

3,775

Negative Net Debt with low borrowing cost

Net debt and D/E ratio

Finance Related Outflows (₹ Bn)

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(1)

(5)

1.25

28.52

FY-21

0.97

23.37

FY-22

Net Debt (Rs Bn)

0.66

16.40

0.50

12.62

(0.14)

FY-23

D/E Ratio

FY-24

FY-25 (6.30)

Particulars (₹ Bn)

FY-21

FY-22

FY-23

FY-24

FY-25*

Gross Debt

30.62

25.33

20.04

19.14

11.31

(-) Cash equivalents

2.10

1.96

3.64

6.51

17.61

Net Debt

28.52

23.37

16.40

12.62

(6.30)

Net Cash Flow

1.71

5.16

6.97

3.77

18.93

1.4 0

1.2 0

1.0 0

0.8 0

0.6 0

0.4 0

0.2 0

(0 .20 )

(0 .40 )

(0 .60 )

(0 .80 )

(1 .00 )

2,783

2,850

2,056

1,951

1,469

FY-21

FY-22

FY-23

FY-24

FY-25

SL Borrowing Cost vs Repo Rate

9.04%

4.00%

8.40%

4.00%

t I

■

8.93% t 6.50% y

■

9.35%

9.12%

6.50%

t t

■

6.25%

FY-21

FY-22

FY-23

FY-24

FY-25

Repo rate

SL Borrowing cost

SO BHA

* Rights Issue receipts included

Profit & Loss Highlights | Q4 & FY25

Total Income (₹ Bn)

Real Estate Revenue (₹ Bn)

29%

32.18

41.63

60%

7.91

12.71

40%

24.14

33.78

6.08

74%

10.59

Q4-24

Q4-25

FY-24

FY-25

Q4-24

Q4-25

FY-24

FY-25

EBITDA (₹ Bn)

Profit After Tax (₹ Bn)

3.98

►

4.18

0.90

37%

1.24

Q4-24

Q4-25

FY-24

FY-25

0.41

464%

0.95

93%

0.49

Q4-25

FY-24

FY-25

0.07

Q4-24

SO BHA

Profit & Loss Statement | Q4 & FY25

Particulars

Real Estate Revenue

Contractual & Manufacturing Revenue

Other Income

Total Income

less Total Expenditure

EBIDTA

EBIDTA Margin (%)

less: Depreciation

less: Finance Expenses

Profit Before Tax

PBT Margin (%)

less: Tax Expenses

PAT

PAT Margin (%)

Net Profit (after OCI)

Net Profit Margin (%)

SO BHA

Q4-25

10,591

1,815

301

12,707

11,466

1,242

9.8%

230

450

562

4.4%

154

409

3.2%

404

3.2%

Q3-25

10,627

1,614

328

12,569

11,538

1,000

8.0%

233

473

295

2.3%

217

1.7%

221

1.8%

Q4-24

6,080

1,549

284

7,913

7,008

905

11.4%

205

590

109

1.4%

0.9%

FY-25

33,782

6,605

1,241

41,628

37,444

4,184

10.1%

898

1,956

1,330

3.2%

383

947

2.3%

924

2.2%

FY-24

24,138

6,831

1,209

32,179

28,199

3,980

12.4%

782

2,455

742

2.3%

251

491

1.5%

479

1.5%

₹ Mn

Consolidated Balance Sheet as on 31st March 2025

Assets

31-Mar-25

31-Mar-24

Equity & Liability

31-Mar-25

31-Mar-24

₹ Mn

Total Non-current Assets

25,553

24,537

Non-Current Liabilities

9,513

7,772

Fixed Assets

Investment Property

5,506

4,545

5,016

4,501

Financial Assets

15,501

15,020

Current Assets

Inventories

146,658

112,427

Current Liabilities

117,092

104,052

112,522

93,764

Other Current Assets

34,135

18,663

Total Equity

45,605

25,141

Total Assets

172,210

136,965

Total Equity & Liabilities

172,210

136,965

SO BHA

Commercial Portfolio

Project Name

Status

Total Leasable Area (sft)

Sobha Share Leasable area (sft)

Sobha City Mall, Thrissur

Operational

1 Sobha, Bangalore

Operational

SOBHA City, Bangalore

Ongoing

SOBHA Metropolis, Thrissur

Forthcoming*

ICG – Commercial, Gurgaon

Forthcoming*

SOBHA Altus – Commercial

Forthcoming*

Sector 106 – Retail, Gurgaon

Forthcoming*

323,017

228,348

551,365

28,863

27,607

576,089

172,636

110,000

886,332

Grand Total

1,466,560

280,798

154,424

435,222

28,863

27,607

576,089

109,624

69,495

782,815

1,246,900

Net Operating Income from commercial portfolio in FY25 was ₹529 mn

1 Sobha, Bangalore

SO BHA

* Leasable area of forthcoming projects are tentative, subject to change as per final design

Contracts & Manufacturing – Revenue & Operations

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FY-25

FY-24

Ongoing Contractual Projects

₹ Bn

Particulars

Revenue

Contracts

Manufacturing & Retail

Collections

Contracts

Manufacturing

6.58

3.15

3.45

6.60

2.55

4.11

6.83

3.09

3.74

7.62

3.19

4.43

Ongoing projects location-wise (31st March 2025)

Location

Bangalore

Sonipat

Total

SO BHA

No. of projects

Built-up area

(Mn sft)

3.37

0.49

3.86

➢ Karle Projects – Bangalore, 3 projects

with total Order value ₹2.66 bn to

construct 2.85 mn sft of built-up area.

Expected date of completion Aug 2026

➢ Janaseva Trust Param – Bangalore, total

Order value ₹0.86 bn to construct 0.52 mn

sft of built-up area. Expected date of

completion Oct 25

➢ Ashoka University North Campus –

Sonipat, total Order value ₹ 2.42 bn to

construct 0.49 mn sft of built-up area.

Expected date of completion Apr 25

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Manufacturing & Retail Divisions

➢ SOBHA is the only Real Estate company in India with complete vertical integration across the value chain

➢ It supports company to take up turn-key projects and deliver world class quality in timely & efficient manner

Glazing & Metal Works

Interiors, Mattresses & metercube

Concrete Products

FY25 Turnover

Factory Area

Products

₹1.58 bn

0.30 Mn sft

FY25 Turnover

Factory Area

Products

₹0.96 bn

0.80 Mn sft

FY25 Turnover

Factory Area

Products

₹0.91 bn

0.40 Mn sft

‣ Metal/Steel fabrication works

‣ Manufacturing wood-based products such as

‣ Aluminum doors & windows, structures

‣ Glass works

‣ Location: Bangalore, Chennai and Sonipat

doors, windows, paneling, cabinets, cupboards & c loose furniture

‣ Manufacture of Economy, Deluxe, Super Deluxe & Premium Mattresses from furnishing division

‣ Location: Bangalore & Rajasthan

‣ Manufacture of wide range of concrete products such as concrete blocks, pavers, kerb stones, water drainage channels, paving slabs and elite landscape products

‣ Glass Fiber Reinforced Concrete

‣ Location: Bangalore and Gurgaon

Note: All divisions turnover represents net external revenue excluding captive sales & GST

SO BHA

SOBHAat30

/ OF PASSION

FY Highlights & Outlook I Sales & Operations I Consolidated Financials I

• I Project Updates

A Journey of Excellence

o 1998

o 1995

Incorporated on 7 August 1995

Becomes the first Indian real estate company to obtain ISO 9001 certification

o 997

Launches first residential project, SOBHA Sapphire, Bengaluru; enters Coimbatore

SOBH A

o 2011

Expands to Delhi-NCR and Mysuru

o 2014

Expands to Kozhikode

o 2006

Goes public with an IPO, oversubscribed by 126x; establishes CSR arm

o 2008

Establishes SOBHA Glazing and Metal Works Division and SOBHA Interiors Division; completes first contractua l project for Infosys, Bengaluru

o 2000

Establishes SOBHA Glazing and Metal Works Division and SOBHA Interiors Division; completes first contractual project for Infosys, Bengaluru

o 2007

Enters Pune with SOBHA Carnation; establishes SOBHA Resto plus

o 2009

Ach ieves ISO certifications fo r environmental and safety standards

o 2005

SOBHA Concrete Products Division commences operations

o 2012

Enters Chenna i

o 2015

Completes fi rst commercial project, SOBHA City Ma 11, Thrissur; la unches new housing segment, SOBHA Dream Series

o 2016

Expands to Kochi with the launch of Marina One; inaugurates t he first-ever SOBHA Museum in Gurugram

o 2019

Enters Gujarat; ranks as India's 'Top National Realty Brand ' for the fifth consecutive yea r by Track2Realty's BrandXReport 2018-19

o 2024

Successfu lly raises Rs 20 billion vi a a rights issue

o 2022

Expands to Thi ruva na nth a pu ram

o 2025

Marks 30 yea rs of excellence, innovation, and leadership in the real estate sector

o 2023 Enters Hyderabad with SOBHA Waterfront

The Enduring Heritage Of Craft

Our Ethos, Our Emotion.

Our People, Our Strength.

OF PASSION

From Capability to Competitive Advantage

SOBHA’s backward integration model, featured in a Harvard Business School case study, enables complete control over quality, timelines and design through its in-house manufacturing, contracting and capability-development divisions.

Glazing and Metal Works

Interiors Division

Concrete Products

- -

Pre-cast

SO BHA

Design Studio

Sobha Academy

Diversified Business Portfolio

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Strategically diversified across core sectors, Sobha delivers value through distinct yet synergistic verticals – real estate, contracting, manufacturing, and retail.

REAL ESTATE

CONTRACTING

MANUFACTURING

RETAIL

Residential I Commercial

Institutional I Commercial

Glazing & Metal Works I Interiors I Concrete Products

Restoplus Mattresses I metercube

SO BHA

Fueling Future Success

Foundational strengths driving sustained growth – through quality, resilience, self-reliance, customer focus, and responsible innovation.

UNWAVERING COMMITMENT TO QUALITY

DIVE RS I Fl CA Tl ON FOR RESILIENCE AND GROWTH

• Continuous investments in research in innovative construction techniques and building material

• Ensures lasting value and customer satisfaction

• Multiple revenue streams

with geographical diversification supports business resilience across cycles

• Strong business

fundamentals with efficient processes to enable

sustainable growth D Q

SELF-RELIANT EXECUTION AS DIFFERENTIATOR

c • Design to delivery in-house

capabilities to enables faster delivery, cost efficiency, and tight quality control

•

India's only developer with backward integrated business model

SO BHA

SUSTAINABILITY- LED RESPONSIBLE GROWTH

• Customer-centric design

•

philosophy

■ On-time delivery and post delivery maintenance and support

Integrating sustainability into all aspects of design and operations, from material selection to energy efficiency

• Commitment to align with

evolving customer preferences

Board of Directors

Ravi PNC Menon, Chairman

22+ years of experience in the real estate and construction business

Bachelor of Science in Civil Engineering from Purdue University, USA

Jagadish Nangineni, Managing Director

23+ years of experience across diverse sectors - real estate, consulting & technology

B.Tech in Civil Engineering from IIT Bombay and PGDM from IIM Calcutta

Nisanth M N, Deputy Managing Director

22+ years of experience in Civil Engineering & Real Estate

B.Tech from Thrissur Government College. Expertise in Business Development, Product Design & Development, Land Purchase & Legal

Srivathsala K Nandagopal, Independent Director

Serial entrepreneur, Founder of 4 companies with businesses spanning Angel Investing, Financial planning for HNIs and Strategic Business advisory. Certified Financial Planner from ICAI

Raman Mangalorkar, Independent Director

31+ years of industry, consulting, and private equity experience. MBA from Indiana University with specializations in Finance and MIS. He also has a Masters in Commerce from Bangalore University

Subba Rao Amarthaluru, Independent Director

35+ years of experience across industries such as manufacturing, financial services and infrastructure. He is a commerce graduate and CA, and has a established and proven track record in finance leadership

Gopal B Hosur, Independent Director

Mr. Gopal B Hosur is Retd IPS officer in Karnataka Cadre, with an experience of over 4 decades. Winner of President Medal of Bravery. Currently serving as CEO, Chinmaya Mission Hospital

SO BHA

Project Updates

OF PASS 1ION

FY Highlights & Outlook I Sales & Operations I Consolidated Financials I SOBHA at 30 I • • •

Project Completions - Q4 FY25

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SOBHA Sentosa Wing 4, Bangalore

1 wing – 2B+ G+ 17 floors SBA – 72,959 sft (107 units)

SOBHA Lake Gardens Wing 1A & 1B, Bangalore

2 wings - 2B+ G+ 3/ 13 floors SBA – 63,471 sft (71 units)

SOBHA Dream Acres - Oasis Wing 55, Bangalore

1 wing – 2B+ G+ 14 floors SBA – 61,204 sft (60 units)

SOBHA Royal Pavillion Wing 11, Bangalore

1 wing – 2B+ G+ 18 floors SBA – 118,757 sft (75 units)

SO BHA

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Project Completions - Q4 FY25 (continued)

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-------------------- .... --&WWW & WWW --- - ------------ --

SOBHA Lake Gardens Wing 3A, 4A & 4B, Bangalore

2 wings - B+ G+ 23 floors SBA – 282,354 sft (273 units)

SO BHA

SOBHA Windsor Wing 8 & 10, Bangalore

2 wings - B+ G+ 14/ 17 floors SBA – 214,840 sft (126 units)

Project Completions - Q4 FY25 (continued)

SOBHA Dream Heights Tower 1A, GIFT City

1 wing – B+ 3S+ 30 floors SBA – 130,553 sft (119 units)

SO BHA

SOBHA Victoria Park Phase I Wing 1, Bangalore

1 wing – 2B+ G+ 9 floors SBA – 107,506 sft (60 units))

SOBHA Bela Encosta Calicut

3 villas SBA – 13,785 sft

Ongoing Projects

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SOBHA Brooklyn Towers Bangalore

5 wings - G + 3S+ 33 floors 560 units of 1/ 2/ 3/ 4 BHK Total SBA – 875,256 sft

SOBHA Windsor Bangalore

3 wings – 2B/ B+ G+ 17 floors 208 units of 2/ 3/ 4 BHK Total SBA – 403,746 sft

SOBHA Royal Crest Bangalore

3 wings – 2B + 4S+ 28 floors 329 units of 3/ 4 BHK Total SBA – 654,429 sft

SOBHA Athena Bangalore

1 towers – 2B+ G+S + 19 floors 72 units of 3 BHK Total SBA - 121,606 sft

SO BHA

Ongoing Projects (continued)

SOBHA Insignia Bangalore

1 towers – 2B+ G+ 8 floors 33 units of 3/ 4 BHK Total SBA – 80,251sft

SO BHA

SOBHA Sentosa Bangalore

3 wings – 2B+ G+ 17 floors 213 units of 3/ 4 BHK Total SBA – 342,510 sft

SOBHA Atlantis Kochi

4 Blocks - 4S+ 24 floors 384 units of 3/ 4 BHK Total SBA -2890,040 sft

SOBHA Ridge Whispering Hills Trivandrum

2 tower - B +LG+ G+ 13floors 110 units of 3/ 4 BHK Total SBA -232,441 sft

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Ongoing Projects (continued)

SOBHA Aranya Gurgaon

5 towers – 3B/ G+ 43/ 46 floors 524 units of 3/ 4 BHK Total SBA – 1,927,457 sft

SOBHA Metropolis Thrissur

6 blocks - G+21/23/25 floors 504 units of 2/ 3/ 4 BHK Total SBA – 1,130,615 sft

SOBHA Elysia GIFT City

2 towers – 4B + 2S+ 35 floors 572 units of 2/ 3/ 4 BHK Total SBA – 1,249,985 sft

SOBHA Conserve Chennai

124 Plots Total SBA = 189,667

SO BHA

Awards and recognition in Q4 FY 2025

ET Lifetime Achievement Award

Golden Peacock Award

2024

Times Real Estate Conclave Award - 2025

KMA green Palms Sustainability Award 2025

Mr. PNC Menon was awarded Lifetime

Achievement Award

Awarded for Corporate Social Responsibility (National)

Real Estate Developer of the year - Residential

Best CSR Project Award for Sri Kurumba Education Trust

SO BHA

THANK YOU

SOBHA

SOBHA Corporate Office

‘SOBHA’, Sarjapur-Marathahalli Outer Ring Road (ORR), Devarabisanahalli, Bellandur Post, Bangalore-560103 Phone: +91-80- 49320000 www.sobha.com

Investor’s Contact

Soumyadeep Saha Investor Relations Tel: +91-80-49320000 Ext. 5024 Email: soumyadeep.s@sobha.com

Disclaimer:

The information in this presentation contains certain forward- looking statements and publicly available data from various recourses such as research reports, publications etc. These include statements regarding outlook on future development schedules, business plans and expectations of Capital expenditure. These statements are based on current expectations that involve a number of risks and uncertainties which could cause actual results to differ from projections made by the company.

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Sobha Limited has informed the Exchange about Investor Presentation Q4 FY 2025

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