Slide 1: Covering letter to stock exchanges
SOBHA Date: May 29, 2025 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 & 890205 Scrip Code: SOBHA & SOBHAPP Dear Sirs/Mad
Slide 2: Investor Presentation Q4-FY2025
OF PASSION BHA Investor Presentation Q4- FY2025
Slide 3: SOBHA at 30
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
Slide 4: FY Highlights & Outlook
OF PASSIO FY Highlights & Outlook I Sales & Operations I Consolidated Financials I SOBHA at 30 I Project Updates
Slide 5: FY 2025 Performance Highlights
FY 2025 Performance Highlights Resilient delivery. Strong cashflow. Disciplined execution. SALES CASHFLOW P&L DEBT ₹62.77 Bn ₹61.84 Bn ₹41.63 Bn ₹11.31 Bn Sales Value Total Operational cash inflow Revenue Gross Debt c Saleable Area: Net Operational Cashflow: ₹11.74 Bn EBITDA : ₹4.18 Bn (10.2%) Net D
Slide 6: ₹19.99 Bn fund raising completed in FY 2025
₹19.99 Bn fund raising completed in FY 2025 ₹ Mn ➢ Rights Issue details: Total Utilization % Particulars Issue 31.03.2025 utilization ▪ Total Size of the Issue: ₹19.99 bn Repayment or prepayment, in full or in ▪ Net proceeds (post Rights Issue expense): ₹19.86 bn 9,050 9,050 100% part, of certain bo
Slide 7: Steady growth across business parameters in last 5 years
Steady growth across business parameters in last 5 years ₹ Bn / % CAGR Total Revenue Total Cash Inflow Real Estate Sales 61.84 62.77 41.63 19% 19% 18% 30.77 31.37 21.90 c FY-21 FY-25 FY-21 FY-25 FY-21 FY-25 Profit After Tax Net Operating Cashflow Net Debt 28.52 0.95 11.74 11% 17% 0.63 6.20 FY-21 FY-
Slide 8: Value Creation Pipeline - FY 2026 Onwards
Value Creation Pipeline - FY 2026 Onwards FY26 Inventory Forthcoming Projects Developable Land Potential Poised for future growth 11.44 Mn sft 19.27 Mn sft 43.54 Mn sft ▪ Disciplined sustainable growth mantra shall remain at the core Sales value Potential Sales value Across 432 acres in 9 cities ▪ S
Slide 9: Inventory visibility - Ongoing & Forthcoming
Inventory visibility - Ongoing & Forthcoming SBA (Mn sft), Sales value (₹ Bn) Inventory visibility – Real Estate Forthcoming projects - Residential and Commercial Sales City /Region No. of Projects SBA Inventory status SBA Value Bangalore 7 7.56 Completed projects 0.15 1.73 Gurgaon 3 3.37 Ongoing pr
Slide 10: Projected Marginal Cashflow to be realized
Projected Marginal Cashflow to be realized SBA (Mn sft), Sales value (₹ Bn) Completed Ongoing – Ongoing - Particulars Total • Balance receivables from completed and Projects Released Unreleased ongoing released projects is more than Total Saleable area 16.79 23.28 5.06 45.13 adequate to cover the co
Slide 11: Developable Land Bank to support growth
Developable Land Bank to support growth Forthcoming Subsequent Developable Land Bank Area (Acres) Regions* Total Projects Land Projects Land Bangalore 76 137 213 Gurgaon, Gurgaon 57 16 73 Greater Noida, 73, 17% 15, 3% Greater Noida 15 0 15 Kerala, Kerala 12 4 16 16, 4% Tamil cNadu 9 72 80 Pune 7 27
Slide 12: Sales & Operations
OF PASSION Sales & Operations FY Highlights & Outlook I I Consolidated Financials I SOBHA at 30 I Project Updates
Slide 13: Sales Performance | Q4 & FY25
Sales Performance | Q4 & FY25 New Sales Area (Mn. Sft) Total Sales Value (₹ Bn) 6.08 (23%) 66.44 (6%) 62.77 4.68 1.56 16% 4.00 1.34 18.36 22% 15.04 - - c 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) 13,412 54.15 (8%) 11,781 11,230
Slide 14: Region wise sales performance | Q4 & FY25
e>'°" '"X <?~~GR,,_,f~► 1;;;:,,;;:;""' ,. -.:,1'"' ' : Region wise sales performance | Q4 & FY25 (!J,.,._I OF 7 PA SS I O N New Sales Area ( sft) Q4 FY25 (₹ Bn) FY25 (₹ Bn) Region Q4 FY25 FY25 14.06 36.42 Bangalore Bangalore 10.38 31.36 Bangalore 1,242,456 2,845,951 1.79 12.49 Gurgaon 77,458 514,358
Slide 15: Sales Value by Price bands | Q4 & FY25
Sales Value by Price bands | Q4 & FY25 Q4 FY25 FY 25 Major Projects – Contribution to FY25 Sales ₹1 - ₹2 Cr. ₹2 - ₹3 Cr. 17% 39% • SOBHA Neopolis – 22% ₹2 - ₹3 Cr. \ 39% ₹1 - ₹2 Cr. 13% • SOBHA Aranya – 16% • SOBHA Ayana - 11% • Marina One – 7% • SOBHA Madison Heights – 6% • SOBHA Hamptons – 5% c >
Slide 16: New Project Launches | Q4 & FY25
New Project Launches | Q4 & FY25 Q4 - FY25 Launches FY-25 Project Launches Location Project SBA (Sft) Qtr SOBHA Townpark (Hamptons Bangalore 3,670,473 Q4 & Madison Heights) Bangalore Chartered Birdsong (DM) 441,582 Q4 c Bangalore SOBHA Ayana 1,130,711 Q3 Bangalore SOBHA Infinia 477,003 Q2 SOBHA Hamp
Slide 17: Projects completion | Q4 & FY25
Projects completion | Q4 & FY25 ,. Q4 FY25 FY-25 City / Region Project* iiiiiiii SBA (Mn Sft) No. of Units SBA (Mn Sft) No. of Units SOBHA Dream Acres, SOBHA Dream Garden, SOBHA Lake Bangalore Garden, SOBHA Lifestyle, SOBHA Royal Pavillion, SOBHA 926,151 773 3,240,049 2,285 Sentosa, SOBHA Rajvilas,
Slide 18: Real Estate – Project portfolio as on 31.03.2025
Real Estate – Project portfolio as on 31.03.2025 Mn sft Completed Ongoing City/Region Forthcoming Note: Developable Developable SBA SBA ▪ Real Estate product mix includes Multi Area Area Storied Apartments, Row Houses, Villas, Bangalore* 65.01 47.24 23.26 17.04 7.56 Plotted Developments & Club House
Slide 19: Consolidated Financials
Consolidated Financials FY Highlights & Outlook I Sales & Operations I I SOBHA at 30 I Project Updates
Slide 20: Achieved highest ever Operating Cash Inflow of ₹61.84 Bn
,~~J,~Xuo, £~~f}J~ ~/· "); -.:,1'"' ' : Achieved highest ever Operating Cash Inflow of ₹61.84 Bn (!J,.,._I OF 7 PA SS I O N ₹ Bn Total Operational Cash Inflow Net Operational Cashflow Key Highlights ▪ Achieved historically highest operational cash inflows 7% 61.84 57.97 of ₹17.85 bn in Q4-25 and ₹61
Slide 21: Consistent cashflow generation over the quarters
,~~J,~Xuo, ;;;;;~1~~ ~/· "'t. __:,1'·" : Consistent cashflow generation over the quarters (!J,.,._I OF ' 7 PA SS I O N Total Operational Cash Inflow (₹ Bn) Real Estate Cash Inflow (₹ Bn) 17.85 21% 15.83 14.93 14.98 15.46 14.78 20% 13.75 13.34 13.92 13.21 12.93 12.23 c Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Q
Slide 22: Consolidated Cashflow Statement | Q4 & FY25
Consolidated Cashflow Statement | Q4 & FY25 ₹ Mn Particulars Q4-25 Q3-25 Q4-24 FY-25 FY-24 Operational Cash Inflow Real Estate Operations 15,834 13,206 13,339 55,184 50,345 Contractual & Manufacturing 2,014 1,575 1,644 6,657 7,621 Total Operational Cash Inflow (A) 17,848 14,781 14,983 61,841 57,966
Slide 23: Cashflow Statement | Q4 & FY25 (continued)
Cashflow Statement | Q4 & FY25 (continued) ₹ Mn Particulars Q4-25 Q3-25 Q4-24 FY-25 FY-24 Financial Inflow Rights Issue Proceeds (D) 9,966 - - 19,961 - Financial Outflow Finance Related Outflow 301 338 464 1,469 1,951 Dividend - - - 301 284 Total Financial Outflow (E) 301 338 464 1,770 2,235 c Net F
Slide 24: Negative Net Debt with low borrowing cost
,e,,""J,~~"•• £~~[ 1-t, -.:,1'"' ' : Negative Net Debt with low borrowing cost (!J,.,._I OF 7 PA SS I O N Net debt and D/E ratio Finance Related Outflows (₹ Bn) 35 1.25 1.4 0 0.97 1.2 0 28.52 31 1.0 0 0.66 27 23.37 0.8 0 23 0.50 0.6 0 2,783 2,850 19 16.40 0.4 0 2,056 1,951 12.62 0.2 0 1,469 15 11 (0
Slide 25: Profit & Loss Highlights | Q4 & FY25
Profit & Loss Highlights | Q4 & FY25 Total Income (₹ Bn) Real Estate Revenue (₹ Bn) 41.63 29% 32.18 33.78 40% 12.71 24.14 60% 10.59 7.91 74% 6.08 c Q4-24 Q4-25 FY-24 FY-25 Q4-24 Q4-25 FY-24 FY-25 EBITDA (₹ Bn) Profit After Tax (₹ Bn) 3.98 5% 4.18 ► 0.95 0.41 1.24 93% 0.90 37% 464% 0.49 0.07 Q4-24 Q4
Slide 26: Profit & Loss Statement | Q4 & FY25
Profit & Loss Statement | Q4 & FY25 ₹ Mn Particulars Q4-25 Q3-25 Q4-24 FY-25 FY-24 Real Estate Revenue 10,591 10,627 6,080 33,782 24,138 Contractual & Manufacturing Revenue 1,815 1,614 1,549 6,605 6,831 Other Income 301 328 284 1,241 1,209 Total Income 12,707 12,569 7,913 41,628 32,179 less Total Ex
Slide 27: Consolidated Balance Sheet as on 31 March 2025
Consolidated Balance Sheet as on 31 March 2025 st ₹ Mn Assets 31-Mar-25 31-Mar-24 Equity & Liability 31-Mar-25 31-Mar-24 Total Non-current Assets 25,553 24,537 Non-Current Liabilities 9,513 7,772 Fixed Assets 5,506 5,016 Investment Property 4,545 4,501 c Financial Assets 15,501 15,020 Current Assets
Slide 28: Commercial Portfolio
Commercial Portfolio Sobha City Mall, Thrissur Total Sobha Share Project Name Status Leasable Area (sft) Leasable area (sft) Sobha City Mall, Thrissur Operational 323,017 280,798 1 Sobha, Bangalore Operational 228,348 154,424 551,365 435,222 SOBHA City, Bangalore Ongoing 28,863 28,863 c 28,863 28,86
Slide 29: Contracts & Manufacturing – Revenue & Operations
.~~J,~~"•• £~~f}J~ ~[ "); --~{ u?' ~ 0 Contracts & Manufacturing – Revenue & Operations (!J,.,._I OF ' 7 PA SS I O N ₹ Bn Particulars FY-25 FY-24 Ongoing Contractual Projects Revenue 6.58 6.83 ➢ Karle Projects – Bangalore, 3 projects Contracts 3.15 3.09 with total Order value ₹2.66 bn to Manufacturi
Slide 30: Manufacturing & Retail Divisions
,e,,""J,~~"•• 1-t, ,:f"' .. £~~[ Manufacturing & Retail Divisions (!J,.,._I OF 7 PA SS I O N ➢ 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 & effic
Slide 31: SOBHA at 30
/ OF PASSION SOBHAat30 FY Highlights & Outlook I Sales & Operations I Consolidated Financials I - • I Project Updates
Slide 32: A Journey of Excellence
A Journey of Excellence o 2006 o 1998 Goes public with o 2011 o 2016 an IPO, Expands to o 2024 Expands to oversubscribed Kochi with the Delhi-NCR and by 126x; launch of Marina Successfu lly o 1995 o 2000 establishes o 2008 Mysuru o 2014 One; inaugurates raises Rs 20 CSR arm Establishes t he first-ev
Slide 33: The Enduring Heritage Of Craft
The Enduring Heritage Of Craft c Our Ethos, Our Emotion. Our People, Our Strength. OF PASSION 32
Slide 34: From Capability to Competitive Advantage
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. c Glazing and Metal Works I
Slide 35: Diversified Business Portfolio
~ ' ~ COXu . Diversified Business Portfolio ;u,r-~ OF PA SS I ON Strategically diversified across core sectors, Sobha delivers value through distinct yet synergistic verticals – real estate, contracting, manufacturing, and retail. c REAL ESTATE CONTRACTING MANUFACTURING RETAIL Residential I Commerci
Slide 36: Fueling Future Success
Fueling Future Success Foundational strengths driving sustained growth – through quality, resilience, self-reliance, customer focus, and responsible innovation. DIVE RS I Fl CATl ON UNWAVERING COMMITMENT SELF-RELIANT EXECUTION SUSTAINABILITY- FOR RESILIENCE TO QUALITY AS DIFFERENTIATOR LED RESPONSIB
Slide 37: Board of Directors
Board of Directors Srivathsala K Nandagopal, Independent Director Ravi PNC Menon, Chairman Serial entrepreneur, Founder of 4 companies with 22+ years of experience in the real estate and businesses spanning Angel Investing, Financial planning construction business for HNIs and Strategic Business adv
Slide 38: Project Updates
OF PASS 1 I ON Project Updates FY Highlights & Outlook I Sales & Operations I Consolidated Financials I SOBHA at 30 I • • •
Slide 39: Project Completions - Q4 FY25
.~~J,~~"••-. ;;J-,,.~1~~ ~[ o't'l'/ Project Completions - Q4 FY25 ;u,r-~ OF PA SS I O N c SOBHA Sentosa SOBHA Lake Gardens SOBHA Dream Acres - Oasis SOBHA Royal Pavillion Wing 4, Bangalore Wing 1A & 1B, Bangalore Wing 55, Bangalore Wing 11, Bangalore 1 wing – 2B+ G+ 17 floors 2 wings - 2B+ G+ 3/ 13
Slide 40: Project Completions - Q4 FY25 (continued)
-°'°" '"Xu I;;;;?--..~~[ ~~~GRJl!,j '?J,")_ J t '~ Project Completions - Q4 FY25 (continued) (!J,.,._I OF 7 PA SS I O N ---- --- ---- - ---- ---- .... -- --- ---- - &WWW & WWW --- ---- - -- c - SOBHA Lake Gardens SOBHA Windsor Wing 3A, 4A & 4B, Bangalore Wing 8 & 10, Bangalore 2 wings - B+ G+ 23 flo
Slide 41: Project Completions - Q4 FY25 (continued)
Project Completions - Q4 FY25 (continued) c SOBHA Dream Heights SOBHA Victoria Park SOBHA Bela Encosta Tower 1A, GIFT City Phase I Wing 1, Bangalore Calicut 1 wing – B+ 3S+ 30 floors 1 wing – 2B+ G+ 9 floors 3 villas SBA – 130,553 sft (119 units) SBA – 107,506 sft (60 units)) SBA – 13,785 sft SO BHA
Slide 42: Ongoing Projects
,e,,""J,~~"•• ~~ "',. J f'' ': Ongoing Projects (!J,.,._I OF 7 PA SS I O N c SOBHA Brooklyn Towers SOBHA Windsor SOBHA Royal Crest SOBHA Athena Bangalore Bangalore Bangalore Bangalore 5 wings - G + 3S+ 33 floors 3 wings – 2B/ B+ G+ 17 floors 3 wings – 2B + 4S+ 28 floors 1 towers – 2B+ G+S + 19 floor
Slide 43: Ongoing Projects (continued)
• ,,A ,. "" '"'"• Ongoing Projects (continued) ;u,r-~ OF PA SS I O N c SOBHA Insignia SOBHA Sentosa SOBHA Atlantis SOBHA Ridge Whispering Hills Bangalore Bangalore Kochi Trivandrum 1 towers – 2B+ G+ 8 floors 3 wings – 2B+ G+ 17 floors 4 Blocks - 4S+ 24 floors 2 tower - B +LG+ G+ 13floors 33 units of
Slide 44: Ongoing Projects (continued)
Ongoing Projects (continued) c SOBHA Aranya SOBHA Metropolis SOBHA Elysia SOBHA Conserve Gurgaon Thrissur GIFT City Chennai 5 towers – 3B/ G+ 43/ 46 floors 6 blocks - G+21/23/25 floors 2 towers – 4B + 2S+ 35 floors 124 Plots 524 units of 3/ 4 BHK 504 units of 2/ 3/ 4 BHK 572 units of 2/ 3/ 4 BHK Tot
Slide 45: Awards and recognition in Q4 FY 2025
Awards and recognition in Q4 FY 2025 c ET Lifetime KMA green Palms Golden Peacock Award Times Real Estate Achievement Award Sustainability Award Conclave Award - 2025 2024 2025 Mr. PNC Menon was awarded Lifetime Awarded for Corporate Social Real Estate Developer of the year Best CSR Project Award fo
Slide 46: THANK YOU
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 c THANK YOU Soumyadeep Saha Investor Relations Tel: +91-80-49320000 Ext. 5024 Email: soumyadeep.s@sobha.com Discla