Sobha's Q1 FY 2025-26 Quarterly Results

Result Summary

• Sobha Ltd reported a 13.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 34.6%.
• Its expenses for the quarter were up by 13.1% QoQ and 34.0% YoY.
• The net profit increased 93.7% QoQ and increased 124.8% YoY.
• The earnings per share (EPS) of Sobha Ltd stood at 1.3 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Sobha Ltd is a real estate company known for its expertise in residential and commercial property development. Established with a focus on quality and timely delivery, the company has been a prominent player in the real estate industry. Sobha Ltd's portfolio includes a variety of projects ranging from luxury apartments to integrated townships and commercial spaces. As of the latest data available, Sobha Ltd has not disclosed any major developments or strategic shifts in recent times. Additionally, relevant information regarding any new products or services beyond its core business operations is not available.

Revenue

In Q1FY26, Sobha Ltd recorded a total income of ₹901.41 crores, reflecting a substantial increase from both the preceding quarter, Q4FY25, and the same quarter of the previous fiscal year, Q1FY25. Compared to Q4FY25, the total income saw a quarter-over-quarter (QoQ) growth of 13.9%, while the year-over-year (YoY) growth was 34.6% when compared to Q1FY25. This growth trajectory indicates a significant increase in the company's revenue over both the short and long term, contributing to its financial performance in the current period.

Profitability

Sobha Ltd's profitability metrics have shown notable improvements in Q1FY26. The profit before tax (PBT) for this quarter was ₹18.65 crores, reflecting a 70.9% increase QoQ from ₹10.91 crores in Q4FY25 and a 68.0% increase YoY from ₹11.10 crores in Q1FY25. The company reported a profit after tax (PAT) of ₹13.62 crores for Q1FY26, which is a 93.7% increase QoQ from ₹7.03 crores in the previous quarter, and a 124.8% increase YoY from ₹6.06 crores in Q1FY25. Earnings per share (EPS) also improved significantly, rising to ₹1.30 in Q1FY26 from ₹0.70 in Q4FY25 and ₹0.60 in Q1FY25, representing an 85.7% QoQ increase and a 116.7% YoY increase.

Operating Metrics

The total expenses for Sobha Ltd in Q1FY26 were recorded at ₹882.76 crores, which saw an increase from ₹780.33 crores in Q4FY25 and ₹658.76 crores in Q1FY25. This accounts for a 13.1% increase QoQ and a 34.0% increase YoY. The tax expense for the quarter was ₹5.03 crores, up 29.6% from ₹3.88 crores in the previous quarter, while remaining almost flat YoY from ₹5.04 crores in Q1FY25. The company's operational efficiency can be observed through the increase in profit margins despite the rising expenses, as both the QoQ and YoY growth rates for profits surpassed the growth in expenses.