SOBHA · Q1 FY27 · investor presentation
SOBHA
SOBHA reported strong financial performance in Q1 FY27, with record RE sales of ₹36.56 Bn and a 47.6% YoY increase in total revenue. The company emphasized its integrated business model, award-winning projects, and focus on sustainability. Key risks include rising land costs and increased sales & marketing expenses.




Key financials
| RE Sales | ₹3,656 crore | Q1 FY27 |
| Total Revenue | ₹1,330 crore | +47.6% YoY |
| EBITDA | ₹130 crore | +60.4% YoY |
| PAT | ₹51 crore | +264.3% YoY |
| Net Cash Position | ₹0 crore | Q1 FY27 |
| Total Operational Cash Inflow | ₹1,924 crore | +8.2% YoY |
| Real Estate Collections | ₹1,756 crore | +9.9% YoY |
| Construction Outflow | ₹825 crore | +15.1% YoY |
| Net Operational Cashflow | ₹312 crore | -21% YoY |
Segment commentary
Residential
Strong sales in Bangalore and NCR, with new launches like SOBHA Crescent driving growth.
Commercial
Focus on expanding commercial portfolio with projects like SOBHA Arcadia in Gurgaon.
Manufacturing & Contracts
Revenue increased by 5.6% YoY, with collections up 13.6% YoY.
Guidance & outlook
- Forthcoming launches have a sale potential of ₹295.57 Bn.
- Project pipeline includes 361 acres across 8 cities for future growth.
- Strong balance sheet with AA- credit rating and stable financial footing.
Notable quotes
“SOBHA has built its reputation through uncompromising quality, engineering excellence, customer-centricity, and ethical business practices.”— Management
“We are focused on delivering superior quality, execution certainty, and timely completion with our integrated model.”— Management
Key takeaways
- SOBHA achieved record RE sales and revenue growth, driven by strong demand in key regions.
- The company's integrated business model supports consistent project delivery and quality.
- Despite challenges like rising costs, SOBHA maintains a strong balance sheet and expansion plans.
- Focus on sustainability and CSR activities enhances brand reputation.
Risks flagged
- Rising land costs impacting margins.
- Higher sales & marketing expenses affecting profitability.
- Potential delays in project completions.
Educational analysis only. Not investment advice. Consult a
SEBI-registered advisor before investing. Source: https://nsearchives.nseindia.com/corporate/SOBHA_20072026175828_SOBHA_Investor_Presentation_Q1_FY27.pdf
Full transcript (4,278 words)
SOBHA
Date: July 20, 2026
Department of Corporate Services The National Stock Exchange of India Limited
BSE Limited Exchange Plaza, Plot No C/1, G Block
PJ Towers, Dalal Street Bandra Kurla Complex
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 532784 Scrip Code: SOBHA
Dear Sir/Madam,
Sub: Investor Presentation for the quarter ended June 30, 2026
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
please find attached herewith the Investor Presentation of the Company for the Quarter ended June 30,
2026.
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
SOBHA LIMITED
Regd & Corporate Office: SOBHA Limited, Sarjapur - Marathahalli, Outer Ring Road (ORR), Devarabisanahalli, Bellandur Post, Bengaluru - 560103,
Karnataka, India.
CIN: L45201KA1995PLC018475 | Tel: +91 80 49320000 | www.sobha.com | Email: investors@sobha.com
S O B H A
Investor Presentation
Q1 FY 2027
SOBHA ONEWORLD
SOB HA
Built on Passion: Committed to Perfection
One of India’s most respected real estate developers
“
Founded on the philosophy of "Passion at Work," SOBHA has built its reputation through uncompromising quality, engineering
excellence, custoer-centricity and ethical business practices.
A defining differentiator is the Company's backward integrated operating model, providing end-to-end control across the
development lifecycle — from design and manufacturing to construction and delivery — resulting in superior quality, execution
”
certainty and timely completion.
• Residential
• Over 30 years of delivering international-quality real estate Real Estate
19 • Commercial
• Founded by Mr. PNC Menon with a vision to redefine quality
0
and excellence
• Bengaluru-headquartered, with a strong focus on residential
• Institutional
C real estate Contracting
• Commercial
■- • Certified for Quality Management (ISO 9001:2015),
■c
Environmental Management (ISO 14001:2015) and
Q)
.c
Occupational Health & Safety (ISO 45001:2018)
-
tn
• Fully integrated business model with end-to-end
■- 95
.c Portfolio
development capabilities
ca • Glazing & Metal Works
ti • Strong commitment to sustainability and community Manufacturing
• Interiors
w
development through CSR
• Concrete Products
• Recipient of 272 awards for excellence in business, quality,
leadership, sustainability and CSR
• Mattresses
• IPO in December 2006, oversubscribed 126x Retail
• metercube
3
SO BHA
A Journey of Excellence
o 2006
o 1998 o 2011 o 2016
Goes public with
an IPO, Expands to o 2024
Expands to
oversubscribed Kochi with the
Delhi-NCR and
by 126x; launch of Marina Successfully
o 2008 Mysuru
o 1995 o 2014
o 20 establishes One; inaugurates raises Rs 20
CSR arm Enters Thrissur the first-ever o 2022 billion via a
Incorporated on Establishes
Expands to
with SOBHA Museum rights issue
7 August 1995 SOBHA Glazing
Kozhikode; Mr.
Kera la's first in Gurugram Expands to
and Metal Works
Ravi PNC Menon
township Thiruvananthapuram;
Division and
receives the 'EV
project, SOBHA SOBHA City, Thrissur,
SOBHA Interiors
Entrepreneur of o 2019
City; recognised as India's
Division; the Year' o 2025
establishes First 'Net Water
completes first Enters Gujarat;
Award
SOBHA Positive
contractual ranks as India's Marks 30 yea rs ,of
Academy, (Platinum)'
project for 'Top National ex,,c;el le lill ce
Bengaluru Operational
Infosys, Realty Brand' for innovation, and
Project
Bengaluru o 2009 the fifth leadership ifl71 One
Becomes the
consecutive year real estate, sectiar
first Indian real Achieves ISO
by
estate company certifications
o 2015 Track2Realty's
to obtain ISO for
BrandXReport
o 1997 9001 o 2007 environmental Completes first 0 2026
2018-19
certification and safety commercial
o 2012
Launches first Enters Pune with
standards; Mr. project, SOBHA Enters 2 new markets
residential SOBHA
2005 PNC Menon Enters Chennai City Mall, ‘Greater Noida &
O
project, SOBHA Carnation; o 2023
receives Thrissu r; Mumbai’ – with
Sapphire, establishes
SOBHA Concrete the 'Pravasi launches new SOBHA Aurum &
Enters
Bengaluru; SOBHA
Products Bharatiya housing SOBHA Inizio
Hyderabad with
enters Resto plus
Division Samman segment, SOBHA
SOBHA
Coimbatore
commences Puraskar' Dream Series
Waterfront
operations
4
SOB HA
Transforming Strength to Sustainable Performance
Built on a foundation of execution excellence, financial resilience and principle of disciplined growth
Excellence at Scale
Proven Track Record Future Value Drivers
Project Pipeline & Outlook
▪ 14.94 Mn sft
154.23 595
Q1 FY27 Inventory with a sale value of ₹ 192.24 Bn
Mn sft Nos
Completed Developments
▪ 20.77 Mn sft
Forthcoming launches with a sale potential of ₹ 295.57 Bn
7 52.42
Mn sft Mn sft
▪ 36.94 Mn sft
Land development potential - 361 Acres in 8 Cities
Annual delivery rate* 50 projects under development
including forthcoming launches
28 45
Cities + acres
▪ ₹205.53 Bn
revenue to be recognized from sold units
Manufacturing facilities
& 14 states across India
▪ 30%+
projected project level EBITDA margin
4,400 10,300
+ +
Employees Technicians
▪ ₹194.81 Bn
marginal Cashflow from current & forthcoming projects
* Annual delivery rate (developable area) in last decade
5
SOB HA
Performance Highlights
Q1 FY27
Expansion anchored by stable financial footing, record sales, and a strong balance sheet
RE Sales SOBHA Share New Launches Completions
₹36.56 Bn ₹29.92 Bn 6.89 Mn Sft 1.08 Mn sft
Saleable Area: 2,34 Mn Sft 81.8% of total sale Saleable Area 671 homes
Units: 1,432
3 Projects across 2 Cities 7 Towers | 4 Villas
Debt (30th June ‘26) Credit Rating
P&L Cashflow
₹ 11.10 Bn AA-
₹13.30 Bn ₹19.24 Bn
Total Revenue Gross Debt Positive
Total Operational Cashflow
EBITDA: ₹1.30 Bn Cash Balance: ₹ 17.69 Bn Ind-RA upgraded Outlook
Net Op. Cashflow: ₹3.12 Bn
PAT: ₹0.51 Bn Avg. Interest Cost: 7.62% ICRA AA- Stable
Net Cashflow: (₹1.49) Bn
Net Debt: ₹ (6.59) Bn
7
SOB HA
New Project Launches
Q1 FY27
SOBHA
CRESCENT
➢ Sector 63A, Gurgaon | 6.2 acres
➢ Area: 869,578 sft
336 homes, 3 & 4 BR,
Sizes ranging from 2,277 - 2,966 sft
➢ Sale Potential : ₹22 Bn
Price Band: ₹4.8 - 7.9 Cr
SOBHA
SACR ED GROVE
ONEWORLD
BY THE L A l<E
➢ Hoskote, East Bangalore | 47.4 acres ➢ Chikka Tirupati, Bangalore | 26.1 acres
➢ Area: 5,393,060 sft ➢ Area: 625,172 sft
3,484 homes, 1/2/3/4 BR 388 Plots
Sizes ranging from 734 - 2,415 sft Sizes Ranging from 1,040 - 3,263 sft
➢ Sale Potential : ₹75 Bn ➢ Sale Potential : ₹2.5 Bn
Price Band: ₹1.0 - 3.5 Cr Price Band: ₹0.75 – 2.10 Cr
8
SOB HA
Awards and recognition
Q1 FY27
14 APR-20APR 2026
grcoNCLAVE
OR
PORA YOKE
ceAward
Fire and Life Safety
QCFI 9th Conclave Times Real Estate
17th CIDC Vishwakarma
compliance Award
Award 2026
2026 Award 2026
FY 25 -26
SOBHA Contracts honored for SOBHA received GOLD Award SOBHA Avalon awarded best Fire SOBHA Awarded excellence in
Excellence in Health, Safety & for excellence in implementing and Safety compliance project in large scale township and urban
Environment practices Quality driven practices GIFT CITY community development
9
SOB HA
New record in quarterly RE sales
Q1 FY27
New sale area Q1 FY27 Total sale value SOBHA Share Realization (₹/sft)
2.34 Mn sft ₹36.56 Bn ₹29.92 Bn ₹15,655/sft
Q1 FY26: 1.44 Mn sft Q1 FY26: ₹20.79 Bn Q1 FY26: ₹17.17 Bn Q1 FY26: ₹14,395/sft
New Sales Sales Value SOBHA Share Realization %
Region
Area (sft) (₹ Mn) (₹ Mn) (₹ / sft) Contribution
Bangalore achieved its best ever quarterly sales, backed by good
Bangalore 1,617,711 20,675 19,218 12,780 56.5%
response to SOBHA OneWorld and Sacred Grove launches
Strong launch performance of SOBHA Crescent has helped achieve
NCR* 561,125 13,841 9,013 24,667 37.9%
historic quarterly high sales in NCR
Kerala* 104,278 1,339 1,070 12,839 3.7%
Tamil Nadu* 18,831 184 152 9,749 0.5%
Other Regions* 33,541 523 467 15,581 1.4%
Total 2,335,486 36,561 29,921 15,655
*NCR includes Gurgaon and Greater Noida; Kerala includes Kochi, Thrissur, Calicut and Trivandrum; Tamil Nadu
includes Chennai and Coimbatore; Other Regions includes Hyderabad, GIFT City, Pune and Mumbai
*Carpet area is considered for Mumbai
11
SOB HA
Price band analysis of quarterly sales
Q1 FY27
Q1 FY26 Q1 FY27
■ ■
<₹2 Cr.
15.39
6,801
19%
9.67 >₹5 Cr.
15,392
7.91
42%
6.80 ₹36.56 Bn
5.07 Total Sales Value
4.70
4.19
3.63
₹2 - ₹3 Cr.
9,667
26%
< ₹2 Cr. ₹2 - ₹3 Cr. > ₹3 - ₹5 Cr. >₹5 Cr.
₹3 - ₹5 Cr.
YoY% +34% +22% +12% +324% 4,701
13%
Key SOBHA One World SOBHA One World SOBHA One World SOBHA Crescent
Projects Sacred Grove SOBHA Ayana SOBHA Magnus SOBHA Altus
SOBHA Neopolis SOBHA Aranya
Q1 FY26 vs Q1 FY27 Sales value by Price bands (₹ Bn) Q1 FY27 Sales Value Mix by Price Band
12
SOB HA
Real Estate project completion
Q1 FY27
City / Region Projects Tower / Wing / Plot No. of Units SBA (sft)
Bangalore 505 714,542
Bangalore SOBHA Royal Crest Wing 3 110 215,459
Bangalore SOBHA Brooklyn Towers Wing 3 261 197,036
Bangalore SOBHA Victoria Park Wing 3 60 107,954
Bangalore SOBHA Insignia - 33 80,251
Bangalore SOBHA Galera Row House 2 8,651
Bangalore Sterling Infinia Wing 3 39 105,191
Other Regions 166 361,438
Kochi SOBHA Atlantis Block 4 96 222,833
Trivandrum SOBHA Meadows Whispering Hill Wing 1 48 95,993
Chennai SOBHA Arbor Wing 6 20 36,028
Gurgaon SOBHA International City Villa 2 6,584
Total 671 1,075,980
• Completion is taken Tower/Wing basis for apartment projects and unit basis for villa/row house projects
• A Tower/Project is declared as ‘Completed’ , once it is fit for living and made available to customers for interior fit outs
13
SOB HA
Snapshot of Real Estate development portfolio
Completed Ongoing
Completed Ongoing Forthcoming
Forthcoming
Region 68.09 Mn sft 33.64 Mn sft 20.77 Mn sft
Developed Developable
SBA SBA SBA
Area^ Area^ Delivered SBA, all regions SBA under construction Launch over 6-8 quarters
SBA | Mn sft
Bangalore* 71.17 51.66 28.13 18.48 11.10
Bangalore* 51.66 18.48 11.10 81.24
NCR* 5.88 3.84 11.19 8.22 3.89
15.94
NCR* 3.84 8.22 3.89
Kerala* 6.32 4.59 6.47 4.28 1.57
10.47
Kerala* 4.59 4.29 1.58
Tamil Nadu* 8.18 6.25 - - 1.36
7.61
Tamil Nadu* 6.25 1.36
Other
2.54 1.75 3.41 2.66 2.85
Regions*
7.25
Other Regions* 1.75 2.66 2.85
Total 94.09 68.09 49.20 33.64 20.77
Completed Ongoing Forthcoming
■ ■ ■
• *Bangalore includes Mysore, *NCR includes Gurgaon and Greater Noida ; *Kerala includes Kochi, Thrissur, Calicut and Trivandrum ; *Tamil Nadu includes Chennai and Coimbatore ;
*Other Regions includes Hyderabad ,GIFT City, Pune and Mumbai
• ^ Developed / Developable Area includes Super Built-up area (SBA)plus common area, Car Parking area, service area, Storage area, internal roads and common amenities
14
SOB HA
Projected Marginal Cashflow
Total Receivable Balance Cost to be incurred Marginal Cashflow Total Marginal Cashflow
₹319.51 Bn ₹193.08 Bn ₹126.43 Bn ₹194.81 Bn
Completed & Ongoing Completed & Ongoing Completed & Ongoing Completed, Ongoing & Forthcoming
Completed Ongoing – Ongoing –
Particulars Unit Total
Projects Released Unreleased
• SOBHA share of saleable area refers
Total Saleable area Mn sft 20.29 29.12 4.52 53.93
to the area to be sold by SOBHA
SOBHA share of Saleable area (A) Mn sft 19.22 28.36 4.50 52.08
from its owned and revenue sharing
Total area sold till 31 Mar 2026 (B) Mn sft 18.96 18.18 - 37.14
projects
Unsold area as on 30 Jun 2026 (A-B) Mn sft 0.26 10.18 4.50 14.94 • “Ongoing-Released” refers to
inventory from launched projects,
Balance cost to incur as on 30 Jun 2026 (C) ₹ Bn 3.19 154.09 35.81 193.08
offered for sale
Outstanding receivables + Balance to be billed & collected
* All reported future cash inflows are
₹ Bn 0.71 126.49 0.07 127.27
on sold units* + Refundable deposit (D)
net of JD partner payments
Sales value of unsold stock ^ (E) ₹ Bn 2.10 134.61 55.54 192.24 ^ Unsold area sales value is calculated
based on latest sale price; SOBHA
Marginal Cashflow – Completed & Ongoing (E+D-C) ₹ Bn (0.38) 107.01 19.80 126.43
share is only considered
Marginal Cashflow – Forthcoming Projects ₹ Bn 68.38
15
SOB HA
Inventory visibility
Inventory by status
Forthcoming projects by region
SBA Total Sales Value SBA
Status City / Region Projects
(Mn sft) (₹ Bn) (Mn sft)
Completed projects 0.26 2.26 Bangalore 7 10.90
Mysore 1 0.20
Ongoing projects – Released 10.18 166.47
Gurgaon 2 2.69
Ongoing projects – Unreleased 4.50 67.69
Greater Noida 1 1.20
Forthcoming projects – Residential 20.77 295.57
Mumbai 1 0.14
Total inventory visibility 35.71 ₹531.99 Bn
Chennai 1 1.36
Thrissur 1 0.75
▪ Unreleased Inventory comprises of towers in SOBHA Aranya (Gurgaon), SOBHA One world,
Calicut 1 0.83
SOBHA
Pune 1 0.98
Ayana and SOBHA Hamptons (Bangalore), SOBHA Rivana (Greater Noida) and Marina One (Kochi)
Hyderabad 1 1.73
▪ SOBHA share in inventory of completed and ongoing projects is 81.3%
Total Forthcoming 17 20.77
▪ SOBHA share in total forthcoming projects inventory is 74.9%
16
SOB HA
Developable Land Bank for future growth
Forthcoming & Subsequent Land Bank Developable Potential (SBA) SOBHA Share
361 acres 36.94 Mn sft 76.0%
Across 8 regions Forthcoming + Subsequent Blended across projetcs
Regions, Acres,% contribution
Forthcoming Subsequent
City / Region* Total
Projects Land Projects Land
Gurgaon, 50, 14%
Bangalore 107 74 181
Bangalore, 181,
50%
Gurgaon 21 29 50
Greater Noida, 5, 2%
Greater Noida 5 - 5
Kerala, 8, 2%
Kerala* 8 - 8
Tamil Nadu* 9 66 76
Pune 7 27 34
Hyderabad 5 - 5
Mumbai - 1 1
Tamil Nadu, 76,
Developable Land Bank (Acres) 164 197 361
21%
Development Potential (SBA in Mn
20.77 16.17 36.94
sft)
Pune, 34, 10% SOBHA share (%) 74.9% 77.3% 76.0%
In addition to the above lands, a total of 1,749 Acres of land bank (owned/JD/ lease) is
Mumbai, 1, 0% Hyderabad, 5, 1%
under various stages of consolidation, monetization and self use
* Tamil Nadu includes Chennai and Hosur; Kerala includes Thrissur and Calicut.
17
SOB HA
Cashflow Performance
Q1 FY27
₹ Bn
Total Operational Cash Inflow Real Estate Cash Inflow
Key Highlights
19.24
Operational inflows increase to ₹19.24 Bn up by 8.2% YoY 17.78 17.56
15.99
II
Real estate collections at ₹17.56 Bn; Contracts & Manufacturing at ₹1.68 Bn
Project outflow rise to ₹8.25 Bn (+15%) YoY
Q1-26 Q1-27 Q1-26 Q1-27
Sales & marketing spend is at ₹0.88 Bn (+79%) YoY, on account of higher
sales
Net Operational Cashflow Net Cash Flow
Net operational cashflow at ₹3.12 Bn (-21%) YoY
3.95
9 Land investment increased to ₹3.70 Bn (+31%) YoY
3.12
0.57
0 Net Cashflow after Land and Financial outflow is at (₹1.49) Bn Q1-26 Q1-27 Q1-26 Q1-27
(1.49)
19
SOB HA
Consistent Cashflow over the quarters
Total Operational Inflow (Q1 FY27) RE Cash Inflow (Q1 FY27) Construction Outflow (Q1 FY27) Net Operational Cashflow (Q1 FY27)
₹19.24 Bn ₹17.56 Bn ₹8.25 Bn ₹3.12 Bn
8.2% vs Q1 FY26 9.9% vs Q1 FY26 15.1% vs Q1 FY26 (21)% vs Q1 FY26
Total Operational Cash Inflow (₹ Bn) Real Estate Cash Inflow (₹ Bn)
20.46
19.85 19.90
19.24
17.85 17.78 18.46 18.16 18.07 17.56
15.83 15.99
Q4-25 Q1-26 Q2-26 Q3-26 Q4-26 Q1-27 Q4-25 Q1-26 Q2-26 Q3-26 Q4-26 Q1-27
Real Estate Construction Outflow (₹ Bn) Net Operational Cashflow (₹ Bn)
8.15 8.12 8.25 ..
5.13
7.24 7.17 7.40 4.64 -----
3.95 .- -----·
~3 .62 3.66
• 3.12
•
-----
Q4-25 Q1-26 Q2-26 Q3-26 Q4-26 Q1-27 Q4-25 Q1-26 Q2-26 Q3-26 Q4-26 Q1-27
20
SOB HA
Consolidated Cashflow Statement
₹ Mn
Particulars Q1-27 Q4-26 Q1-26 FY-26
Operational Cash Inflow
Real Estate Operations 17,561 18,066 15,986 70,668
Contractual & Manufacturing 1,683 1,831 1,799 7,317
Total Operational Cash Inflow (A) 19,244 19,897 17,784 77,985
Operational Cash Outflow
Real Estate project related outflow 8,246 8,118 7,166 30,828
Joint Development Partner payments 3,143 3,420 2,464 11,903
Contracts and Manufacturing 1,441 1,352 1,448 5,854
Facility management 270 238 160 884
Overheads 846 585 967 3,038
Sales & Marketing 877 941 491 3,030
CSR 15 15 15 60
Indirect Taxes 798 1,165 735 3,508
Income Tax (incl. TDS) 485 397 387 2,514
Total Operational Cash Outflow (B) 16,121 16,233 13,833 61,619
Net Operational Cashflow (C = A-B) 3,123 3,665 3,951 16,366
21
SOB HA
Consolidated Cashflow Statement
(Continued)
₹ Mn
Particulars Q1-27 Q4-26 Q1-26 FY-26
Financial Inflow
Rights Issue Proceeds (D) - - 6 12
Financial Outflow
Finance Related Outflow 222 245 201 879
Dividend - - - 322
Total Financial Outflow (E) 222 245 201 1,200
Net Financial Cashflow (F = D-E) (222) (245) (195) (1,189)
Net Cashflow after Financing Activities (G = C+F) 2,901 3,420 3,756 15,177
Capital Outflow
Net Land Payments 3,698 2,883 2,815 11,603
Investments - (150) - 50
Capex 697 613 373 1,830
Total Capital Outflow (H) 4,395 3,345 3,188 13,484
Total Cash Inflow (I = A+D) 19,244 19,897 17,790 77,997
Total Cash Outflow (J = B+E+H) 20,738 19,823 17,222 76,303
Net Cashflow (I - J) (1,494) 75 568 1,694
22
SOB HA
Net cash position with low interest cost
Net Debt Q1 FY27 D/E Ratio Q1 FY27 Finance Outflow Q1 FY27 Interest Cost
(₹6.59) Bn (0.14) ₹222 Mn 7.62%
Net cash positive from 0.97 in FY22 11% from YoY Repo rate: 5.25%
Net debt and D/E rat-io
Finance Related Outflows (₹ Bn)
35 0.97 Net Debt (₹ Bn) D/E Ratio 1.40 2,850
1.20
31 0.66
1.00
23.37 0.50
27 0.80
2,056
0.60 1,951
23
0.40
16.40
19 (0.14) (0.17) (0.14) 0.20 1,469
12.62 -
15
(0.20)
879
(0.40)
11
(0.60)
7 (0.80) 222
FY25 FY26 Q1 FY27 (1.00)
3
(1.20)
(1) (1.40)
FY22 FY23 FY24 (1.60) FY22 FY23 FY24 FY25 FY26 Q1 FY27
(5)
(6.30) (1.80)
(8.08)
(9) (6.59) (2.00)
SL Interest cost vs Repo Rate
Repo rate SL Borrowing cost
Particulars (₹ Bn) FY22 FY23 FY24 FY25* FY26 Q1 FY27
9.35%
8.93% 9.12%
8.40% Gross Debt 25.33 20.04 19.14 11.31 10.02 11.10
7.69% 7.62%
(-) Cash equivalents 1.96 3.64 6.51 17.61 18.11 17.69
6.50% 6.50%
6.25%
5.25% 5.25%
Net Debt 23.37 16.40 12.62 (6.30) (8.08) (6.59)
4.00%
Net Cash Flow 5.16 6.97 3.77 18.93 1.69 (1.49)
FY-22 FY-23 FY-24 FY-25 FY-26 Q1-27
* Rights Issue receipts included 23
SOB HA
Profit & Loss
Q1 FY27
Total Income (₹ Bn)
Real Estate Revenue (₹ Bn) EBITDA (₹ Bn) Profit After Tax (₹ Bn)
₹13.30 Bn ₹11.07 Bn ₹1.30 Bn ₹0.51 Bn
+47.6% +60.4% +78.1% +264.3%
YoY
Growth
Q1 ₹9.01 Bn ₹6.90 Bn ₹0.73 Bn ₹0.14 Bn
FY 26
Total revenue recorded in Q1 FY27 was ₹13.30 bn, • Generated EBITDA of ₹1.30 bn during Q1 FY27, with • Balance revenue to be recognized from
improved by 47.6% YoY margin of 9.7% sales done till 30 June 2026 is
• Real estate business contributed ₹11.07 bn, grew by • PBT improved by 270.6% to ₹0.69 bn, with margin of ₹205.53 Bn
60.5% YoY 5.2%
• Contractual, Manufacturing & Retail contributed ₹1.71 • PAT was ₹507 Mn with margin of 3.8%,
bn
24
SOB HA
Profit & Loss Statement
Q1 FY27
₹ Mn
Particulars Q1-27 Q4-26 Q1-26 FY-26
Real Estate Revenue 11,068 17,868 6,897 44,197
Contractual & Manufacturing Revenue 1,713 2,013 1,623 7,708
Other Income 520 418 495 1,933
Total Income 13,302 20,299 9,014 53,838
less: Total Expenditure 12,006 18,358 8,281 48,805
EBITDA 1,296 1,942 733 5,033
EBITDA Margin (%) 9.7% 9.6% 8.1% 9.3%
less: Depreciation 284 285 237 1,060
less: Finance Expenses 321 439 310 1,374
Profit Before Tax 691 1,218 187 2,599
PBT Margin (%) 5.2% 6.0% 2.1% 4.8%
less: Tax Expenses 183 299 50 665
Profit After Tax 508 918 136 1,934
PAT Margin (%) 3.8% 4.5% 1.5% 3.6%
Profit after OCI 507 930 135 1,908
25
SOB HA
Contracts & Manufacturing
Ongoing Contractual
Total Revenue Contracts Revenue Manufacturing & Retail Collections BUA (Mn sft) Total BUA
projects (Civil)
₹ 1.71 Bn ₹ 0.79 Bn ₹ 0.92 Bn ₹ 1.68 Bn
Karle SEZ Projects 2.54
5.6% YoY (2.5)% YoY 13.6% YoY (6.7)% YoY
3.22 Mn sft
₹ Bn)
Jana Seva Trust Param 0.52
All projects in
Bangalore
Particulars Q1 FY27 Q1 FY26
Other smaller projects 0.16
Revenue 1.71 1.62
Contracts 0.79 0.81
Karle SEZ Project, Bangalore
Work in Progress
Manufacturing & Retail 0.92 0.81
Glazing and Metal Works 0.38 0.32
Interiors, Mattress and metercube 0.30 0.24
Concrete Products 0.24 0.25
Collections 1.68 1.80
Contracts 0.45 0.61
Manufacturing & Retail 1.23 1.19
Glazing and Metal Works 0.58 0.55
Interiors, Mattress and metercube 0.37 0.34
Concrete Products 0.28 0.30
26
SOB HA
Commercial Rental Portfolio
SOBHA City Mall,
Thrissur ONGOING PROJECTS
Total Leasable Area
Project Name Leasable Area (sft) SOBHA Share (sft)
322,977 sft
SOBHA Altus – Retail, Gurgaon 172,636 109,624
SOBHA Share Area: 280,817 sft
SOBHA Metropolis – Retail, Thrissur 27,607 27,607
Leasable Area SOBHA Share Area
TOTAL
1 SOBHA,
200,243 sft 137,231 sft
Bangalore
Total Leasable Area
231,240 sft
FORTHCOMING PROJECTS
SOBHA Share Area: 157,317 sft
Project Name Leasable Area (sft) SOBHA Share (sft)
SOBHA Arcadia, ICG – Office & Retail, Gurgaon 601,074 601,074
Bangalore
SOBHA Strada – Retail, Gurgaon 97,361 64,395
Total Leasable Area
30,902 sft
Leasable Area SOBHA Share Area
TOTAL
100% Ownership 698,435 sft 665,469 sft
* Leasable area of forthcoming projects are tentative, subject to change as per final design
NOI from operating commercial portfolio in Q1 FY27 was ₹146 Mn
27
SOB HA
Consolidated Balance Sheet
as on 30th June ‘26
₹ Mn
Assets 30-Jun-26 31-Mar-26 31-Mar-25 Equity & Liabilities 30-Jun-26 31-Mar-26 31-Mar-25
Non-current Assets 31,579 32,564 25,553 Non-current Liabilities 5,198 5,340 9,513
Fixed Assets 6,856 6,549 5,506
Investment Property 4,472 4,486 4,545
Financial Assets 20,252 21,529 15,501
Current Assets 170,846 162,614 146,658 Current Liabilities 149,521 142,639 117,092
Inventories 133,184 128,263 112,522
Other Current Assets 37,662 34,351 34,135 Total Equity 47,707 47,199 45,605
Total Assets 202,426 195,178 172,210 Total Equity & Liabilities 202,426 195,178 172,210
28
SOB HA
Project Completion
Q1 FY27
Bangalore
Bangalore Bangalore
Bangalore
Wing – 2B+ G+ 8 floors
Wing 3 – 2B+ G+ 3S+ 14 floors Wing 3 – G+ 3S+ 33 floors
Wing 3 – 2B+ G+ 9 floors
SBA – 80,251 sft
SBA – 215,459 sft SBA – 197,036 sft
SBA – 107,954 sft
33 homes
110 homes 261 homes
60 homes
SOBHA SOBHA SOBHA SOBHA
ROYAL CREST BROOl<LYN TOWERS VICTORIA PARK
INSIGNIA
- TOWNPARI< -
• Completion is taken Tower/Wing basis for apartment projects and unit basis for villa/row house projects
• A Tower/Project is declared as ‘Completed’ , once it is fit for living and made available to customers for interior fit outs 30
SOB HA
Project Completion
Q1 FY27 (continued)
\
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Bangalore Trivandrum Kochi
Chennai
■■■■
Wing 3 – 2B+ G+ 12/13 floors Wing 1 – 2B+ G+ 3S+ 14 floors Block 4 – 4S+ 24 floors
Wing 6 – B+ G+ 5 floors
SBA – 105,191 sft SBA – 215,459 sft SBA – 222,833 sft
SBA – 36,028 sft
39 homes 110 homes 96 homes
20 homes
SOBHA SOBHA
SOBHA
sterling INFINIA
Meadows
ATLANTIS ARBOR
Indulge in the Best
Whispering Hill
31
SOB HA
Ongoing Projects
Q1 FY27
Bangalore Bangalore Bangalore Bangalore
Rowhouse 7 Wings – 2B+ S+ 41 floors 5 Wings – 2B+ G+ 9 floors 2 Wings – B+ G+ 34/38 floors
SBA – 275,486 sft SBA – 1,130,711 sft SBA – 589,150 sft SBA – 436,129 sft
80 homes 683 homes 294 homes 279 homes
SOBHA SOBHA SOBHA SOBHA
mRGnus MANHATTAN TOWERS
AYANA
OAKSHIRE
- TOWNPARI< -
AT DREAM ACRES
32
SOB HA
Ongoing Projects
Q1 FY27 (continued)
Gurgaon Trivandrum GIFT City Hyderabad
5 Blocks – 2B+ 43/46floors 2 Wings – 1B+ 2S+ 13 floors 2 Wings – 4B+ 2S+ 35 floors 4 Wings – 2B+ 2S+ 14 floors
SBA – 1,927,457 sft SBA – 221,705 sft SBA – 263,479 sft SBA – 291,797 sft
524 homes 105 homes 118 homes 106 homes
SOBHA
SOBHA
SOBHA
SOBHA
Ridge
ARAN YA ELYSIA
WATERFRONT
Whispering Hill
TRULY INTERNATIONAL
33
SOB HA
Board of Directors
Srivathsala K Nandagopal,
Independent Director
Ravi PNC Menon, Chairman
Serial entrepreneur, Founder of 4 companies with
24+ years of experience in the real estate and businesses spanning Angel Investing, Financial planning
construction business for HNIs and Strategic Business advisory. Certified
Financial Planner from ICAI
Bachelor of Science in Civil Engineering from Purdue
University, USA
Raman Mangalorkar,
Independent Director
32+ years of industry, consulting, and private equity
experience. MBA from Indiana University with
Jagadish Nangineni, Managing Director
specializations in Finance and MIS. He also has a Masters
in Commerce from Bangalore University
24+ years of experience in real estate, consulting &
technology
B.Tech in Civil Engineering from IIT Bombay and PGDM
Subba Rao Amarthaluru,
from IIM Calcutta Independent Director
36+ 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
Nisanth M N, Deputy Managing Director
23+ years of experience in Civil Engineering & Real
Gopal B Hosur,
Estate Independent Director
B.Tech from Thrissur Government College. Expertise in Mr. Gopal B Hosur is Retd IPS officer in Karnataka Cadre,
Business Development, Product Design & Development, with an experience of over 4 decades. Winner of
Land Purchase & Legal President Medal of Bravery. Currently serving as CEO,
Chinmaya Mission Hospital
34
SOB HA
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
K Balamurugan
THANK YOU
Tel: +91-80-49320000 Ext. 6201
Email: balamurugan.k@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.