loader2
Partner With Us NRI

Sobha Ltd share Price Today

Company details

1,803.85
1,898.70
505.00
1,969.05
6M Return 116.02%
1Y Return 264.62%
Mkt Cap.(Cr) 17,877.52
Volume 394,269
Div Yield 0.16%
OI
-
OI Chg %
-
Volume 394,269

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Realty company Sobha announced Q4FY24 & FY24 results:

  • Sales area grew by 7.7% over FY23 to 6.08 million sq ft from 5.65 million sq ft, crossing the 6 million sq ft milestone of new sale volume and Rs 6,500 crore of annual sale value.
  • Sales value registered growth of 27.8% to Rs 66.44 billion from Rs 51.98 billion.
  • Average realization improved by 18.7% to Rs 10,922 per sq ft compared to FY23.
  • Four new residential projects launched with a total saleable area of 3.18 million sq ft. in Q4FY24.
  • Launched 7.02mn sq ft. spread over six projects across various cities of operation, showcasing a substantial increase from the previous fiscal year.
  • Debt reduction continued for 14 consecutive quarters with Debt/Equity ratio now at 0.50 in Q4FY24.
  • Real estate collections: Q4FY24 was at Rs 14.98 billion and FY24 at Rs 57.97 billion, marking a 10% increase YoY.
  • Net cashflow: Rs 0.81 billion for Q4FY24 and Rs 3.77 billion in FY24.
  • Net revenue up 10.3% to Rs 7.91 billion in Q4FY24 compared to Q3-24 at Rs 7.13 billion.
  • PAT was at Rs 0.07 billion in Q4FY24, and Rs 0.49 billion in FY24.

Jagadish Nangineni, Managing Director, SOBHA Limited said, “FY24 was an exceptional year for SOBHA with best ever sales, collections, new project launches and an increased pace of project completions in the real estate segment. It underscores our team's focus and commitment to growth, SOBHA's strong brand value in the consumer minds and deep stakeholder trust. In this year, not only did we deliver good operational performance, we have made significant progress to strengthen our foundation for future growth. We are now very well positioned, financially and operationally, to capture the growth opportunities that India presents in an upbeat economic environment.”

Result PDF

View Other Company Results

Sobha Ltd shares SWOT Analysis

Strengths (4)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with Zero Promoter Pledge
  • FII / FPI or Institutions increasing their shareholding

Weakness (10)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 1,921.1
R2 1,957.3
R3 2,016.0
Pivot

1,862.48

S1 1,826.3
S2 1,767.6
S3 1,731.4
EMA SMA
1,764.1
1,653.1
1,486.2
1,240.4
1,788.3
1,610.9
1,499.9
1,128.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-05 1273.53 517732 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-01-05 1273.5 517732 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-04 1240.38 931311 NSE
Name Category Shares
Sobha Menon Raghavan Nair PROMOTER 30.29%
P N C Menon PROMOTER 18.59%
Ravi P N C Menon PROMOTER 3.36%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Sobha Ltd Stocks COMPARISON

Financials( in Cr) Sobha Ltd DLF Ltd Godrej Properties Ltd Prestige Estates Projects Ltd Oberoi Realty Ltd
Price 1,884.90 847.05 2,814.75 1,658.50 1,788.10
% Change 4.65 -0.04 0.05 3.43 0.78
Mcap Cr 17,877.52 209,671.30 78,261.59 66,482.96 65,015.67
Revenue TTM Cr 3,310.11 5,694.83 2,252.26 8,315.00 4,192.58
Net Profit TTM Cr 104.21 1,100.92 620.60 1,066.80 1,904.55
PE TTM 364.72 76.89 107.86 39.37 33.76
1 Year Return 264.62 77.15 109.68 247.84 93.19
ROCE 8.28 4.51 5.64 10.43 16.00
ROE 4.24 2.97 5.80 8.57 16.83
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 2,494.68 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,612.39 -26,051.38
LAST 3M 102,786.44 -35,737.56
LAST 6M 169,824.52 46,518.61
LAST 12M 263,183.06 125,165.94
Sobha Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 23, 2024 l NSE Announcement

Sobha AGM scheduled

May 18, 2024 l BSE Announcement

Sobha Limited - Dividend Updates

May 18, 2024 l NSE Announcement

Date Action Type Ratio
Jul 28, 2023 Dividend 30
Jul 28, 2022 Dividend 30

Sobha Ltd Information

Stock PE (TTM)
364.72
Promoter Holding
52.28%
Book Value
265.0697
ROCE
8.28%
ROE
4.24%
Registered Address

SOBHA Sarjapur - Marathahalli, Devarabisanahalli Bellandur Po, Bangalore, Karnataka, 560103

Tel : 91-80-49320000
Email : investors:sobha.com; vighneshwar.bhat:sobha.com
Website : http://www.sobha.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532784
NSE Code : SOBHA
Book Closure Date (Month) :
BSE Group : A
ISIN : INE671H01015

FAQ’s on Sobha Ltd Shares

You can buy Sobha Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Sobha Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 23, 2024 03:59 PM the closing price of Sobha Ltd was Rs.1,884.90.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 23, 2024 03:59 PM, the market cap of Sobha Ltd stood at Rs. 17,877.52.

The latest PE ratio of Sobha Ltd as of May 23, 2024 03:59 PM is 364.72

The latest PB ratio of Sobha Ltd as of May 23, 2024 03:59 PM is 0.14

The 52-week high of Sobha Ltd share price is Rs. 1,969.05 while the 52-week low is Rs. 505.00

Download App

Download Our App

Play Store App Store
market app