Slide 1: Investor Presentation for the quarter ended June 30, 2025 (exchange filing letter)
SOBHA Date: July 25, 2025 BSE Limited The National Stock Exchange of India Limited Department of Corporate Services 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 Sir/Mad
Slide 2: Investor Presentation Q1 FY 2026
OF PASSION 13 Investor Presentation Q1 FY 2026
Slide 3: 30 years of Excellence
30 years of Excellence • Backward integrated model powering in-house concept-to-completion delivery • Execution track record of 550+ precision-built residential and commercial projects • Strengthened balance sheet with net-debt negative position achieved in FY 25 • Diversified presence across multip
Slide 4: Q1 FY26 Highlights
Q1 FY26 Highlights Robust performance driven by operational efficiency Highlights Sales & Operations Cashflow & Financials Project Updates
Slide 5: Performance Highlights | Q1 FY26
Performance Highlights | Q1 FY26 Disciplined growth backed by strong sales, healthy cashflows and zero net debt balance sheet RE SALES CASHFLOW P&L DEBT ₹20.79 Bn ₹17.78 Bn ₹9.01 Bn ₹10.19 Bn Sales Value Total Operational Cash Inflow Total Revenue Gross Debt c Saleable Area: Net Operational Cashflow
Slide 6: New Project Launches | Q1 FY26
<?~~~ciii~-,;ui;,,_ ~...:.:,~l'ntr,1, fl; ~~rS-~~~- ~. ~... J /4: •. % New Project Launches | Q1 FY26 ~o~•' I OF•"' A SS I O N c SOBHA Aurum, Greater Noida Marina One, Kochi ▪ SOBHA Aurum is spread across 3.44 acre, located at Sector 36, Greater ▪ Launched remaining 4 towers of Marina One, part of l
Slide 7: Awards and recognition in Q1 FY26
~ J t~~- Awards and recognition in Q1 FY26 "':t,.,sm·~ %,\:)~~-Q...~ f OF ASS ION c Builder of the Year - Large The Pride of Gujarat - 2025 BAM Awards 2025 Awarded in the Large – Real Estate Developer Category Excellence in Residential Project Development 2025 for Sobha Elysia, GIFT City SO BHA 6
Slide 8: Sales & Operations
OF P A S S IO N Sales & Operations Leveraging geographical diversification for growth Highlights Sales & Operations Cashflow & Financials Project Updates
Slide 9: Sales Performance Highlights | Q1 FY26
Sales Performance Highlights | Q1 FY26 New Sales Area (Mn Sft) Total Sales Value (₹ Bn) Key Highlights 20.79 ▪ Achieved highest ever quarterly sales of ₹20,788 mn, 18.74 11% 1.44 23% crossing ₹2K Cr. quarterly sales value milestone 1.18 ▪ Sobha’s share stood at 82.6%, amounting to ₹17,172 mn, record
Slide 10: Region wise sales performance | Q1 FY26
Region wise sales performance | Q1 FY26 Key Highlights New Sales Area Sales Value Sobha’s Share Realization Region ▪ NCR contribution went up to 57.1%, supported by (sft) (₹ Mn) (₹ Mn) (₹ / sft) contribution from Greater Noida (new city Bangalore 463,895 6,024 4,785 12,986 addition) on successful la
Slide 11: Sales Value by Price bands | Q1 FY26
·~-~··'::. s-~_p J tf!'F( €~~, ~i-·, "~}~ - Sales Value by Price bands | Q1 FY26 ,..,-.,,.;-'>~o:,<u ~o~ti?O~' I OF A SS I ON <₹ 1 Cr. ₹ 274 mn ▪ Homes ranging from ₹1 - ₹2 cr. contributed 23.0% in Q1 FY26 - SOBHA >₹5 Cr. 1% ₹ 3,631 mn ₹1 - ₹2 Cr. Madisson Heights & SOBHA Ayana in Bangalore, SOBHA M
Slide 12: Real Estate project completion | Q1 FY26
Real Estate project completion | Q1 FY26 City / Region Projects Tower / Wing / Plot No. of units SBA (sft) Bangalore 275 489,904 Bangalore Sobha Royal Pavilion Wing 15 113 250,591 Bangalore Sobha Windsor Wing 11 70 141,466 Bangalore Sobha Dream Gardens Wing 3B 91 91,359 c Bangalore Sobha Lifestyle V
Slide 13: Real Estate development portfolio as on 30 June 2025
Real Estate development portfolio as on 30 June 2025 Mn sft Completed Ongoing Forthcoming Note: Region Developed Developable ▪ Real Estate product mix includes Multi SBA SBA SBA Area Area Storied Apartments, Row Houses, Villas, Plotted Developments & Club House Bangalore* 66.31 48.07 21.96 16.22 7.5
Slide 14: Inventory visibility - Ongoing & Forthcoming RE projects
Inventory visibility - Ongoing & Forthcoming RE projects 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 7.57 Completed projects 0.20 1.65 Gurgaon 3 3.
Slide 15: Projected Marginal Cashflow from visible Inventory
Projected Marginal Cashflow from visible Inventory SBA (Mn sft), Sales value (₹ Bn) Completed Ongoing – Ongoing – • Balance receivables from completed and Particulars Total Projects Released Unreleased ongoing released projects is more than Total Saleable area 15.23 24.39 4.53 44.15 adequate to cove
Slide 16: Developable Land Bank to support sustained growth
Developable Land Bank to support sustained growth Forthcoming Subsequent Developable Land Bank Area (Acres, %) City / Region* Total Projects Land Projects Land Bangalore 76 130 206 Gurgaon, Greater Noida, Gurgaon 57 16 73 73, 18% 12, 3% Greater Noida 12 - 12 Kerala, 11, 3% Kerala 11 - 11 TamilcNadu
Slide 17: Cashflow & Financials
OF P A S S IO N Cashflow & Financials Highest RE collections and zero net debt reinforce financial strength Highlights Sales & Operations Cashflow & Financials Project Updates
Slide 18: Cashflow Highlights | Q1 FY26
Cashflow Highlights | Q1 FY26 ₹ Bn Key Highlights Total Operational Cash Inflow Net Operational Cashflow ▪ Achieved total operational cash inflows of ₹17.78 bn in Q1 17.78 15.46 15% FY26, growing by 14.9% over Q1 FY25 3.95 22% ▪ Real Estate recorded highest ever collections of ₹15.99 bn 3.23 ▪ Contr
Slide 19: Consistent cashflow generation over the quarters
Consistent cashflow generation over the quarters Total Operational Cash Inflow (₹ Bn) Real Estate Cash Inflow (₹ Bn) 17.85 17.78 14.98 15.46 14.78 15.83 15.99 13.75 13.34 13.92 12.23 13.21 Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 c Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 Real Estate Construction Outflows (₹
Slide 20: Consolidated Cashflow Statement | Q1 FY26
Consolidated Cashflow Statement | Q1 FY26 ₹ Mn Particulars Q1-26 Q4-25 Q1-25 FY-25 Operational Cash Inflow Real Estate Operations 15,986 15,834 13,917 55,184 Contractual & Manufacturing 1,799 2,014 1,544 6,657 Total Operational Cash Inflow (A) 17,784 17,848 15,461 61,841 Operational Cash Outflow Rea
Slide 21: Cashflow Statement | Q1 FY26 (continued)
Cashflow Statement | Q1 FY26 (continued) ₹ Mn Particulars Q1-26 Q4-25 Q1-25 FY-25 Financial Inflow Rights Issue Proceeds (D) 6 9,966 - 19,961 Financial Outflow Finance Related Outflow 201 301 478 1,469 Dividend - - - 301 Total Financial Outflow (E) 201 301 478 1,770 c Net Financial Cashflow (F = D-E
Slide 22: Negative Net Debt with low borrowing cost
Negative Net Debt with low borrowing cost Net debt and D/E ratio Finance Related Outflows (₹ Bn) 1.25 1.4 0 42 0.97 1.2 0 1.0 0 0.66 38 2,783 2,850 0.50 0.8 0 28.52 34 0.6 0 30 23.37 0.4 0 26 2,056 1,951 (0.14) 0.2 0 (0.15) 16.40 - 1,469 22 (0 .20 ) 12.62 18 (0 .40 ) 14 (0 .60 ) 10 (0 .80 ) 201 (1 .
Slide 23: Profit & Loss | Q1 FY26
Profit & Loss | Q1 FY26 ₹ Bn Total Income Real Estate Revenue ▪ Total revenue for Q1 FY26 was ₹9.01 bn, improved by 34.6% compared to same period last year 9.01 35% 6.70 6.90 o Real estate business contributed ₹6.90 bn 45% 4.75 o Contractual & Manufacturing contributed ₹1.62 bn ▪ EBITDA of ₹0.73 bn
Slide 24: Profit & Loss Statement | Q1 FY26
Profit & Loss Statement | Q1 FY26 ₹ Mn Particulars Q1-26 Q4-25 Q1-25 FY-25 Real Estate Revenue 6,897 10,591 4,751 33,782 Contractual & Manufacturing Revenue 1,623 1,815 1,653 6,605 Other Income 495 301 295 1,241 Total Income 9,014 12,707 6,699 41,628 less: Total Expenditure 8,281 11,466 5,845 37,444
Slide 25: Contracts & Manufacturing – Revenue & Operations
,,e>'"/'d,~Xuq //'--J',:,:.;.~ -~· • ~ % ' ". Contracts & Manufacturing – Revenue & Operations 5~,>,' I OF SS I O N ₹ Bn Ongoing Contractual projects Particulars Q1-26 Q1-25 Projects SBA (Mn sft) Location Revenue 1.62 1.65 Total 3.86 Contracts 0.81 0.91 Karle Projects 2.85 Bangalore Manufacturing &
Slide 26: Commercial Portfolio
Commercial Portfolio SOBHA City Mall, Thrissur Total Sobha’s 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 28,863 c 28,
Slide 27: Consolidated Balance Sheet as on 30 June 2025
Consolidated Balance Sheet as on 30 June 2025 ₹ Mn Assets 30-Jun-25 31-Mar-25 Equity & Liability 30-Jun-25 31-Mar-25 Non-current Assets 25,728 25,553 Non-current Liabilities 8,739 9,513 Fixed Assets 5,726 5,506 Investment Property 4,514 4,545 c Financial Assets 15,488 15,501 Current Assets 154,664 1
Slide 28: Project Updates
OF P A S S IO N Project Updates Completed & Ongoing projects Highlights Sales & Operations Cashflow & Financials Project Updates
Slide 29: Project Completions – Q1 FY26
Project Completions – Q1 FY26 c SOBHA Windsor SOBHA Dream Garden SOBHA Lifestyle SOBHA Royal Pavillion Wing 11, Bangalore Wing 3B, Bangalore Bangalore Wing 15, Bangalore 1 wing – 2B+ G+ 17 floors 1 wing - B+ G+ 23 floors 1 villa 1 wing – 2B+ G+ 18 floors SBA – 141,466 sft (70 homes) SBA – 91,359 sft
Slide 30: Project Completions - Q1 FY26 (continued)
• '?~-#'~ciii~1ui;,,.. ~ '<f..~'.'."•,/· Project Completions - Q1 FY26 (continued) o•' I OF PA SS I O N c SOBHA City Gurgaon SOBHA City Gurgaon SOBHA Conserve SOBHA Arbor Tower A3 Tower C5 Chennai Chennai 1 wing - B+ S+ 18 floors 1 wing - B+ S+ 24 floors 124 plots 1 tower - S + 5 floors SBA – 111,40
Slide 31: Ongoing Projects
<?~~~ciii~-,;ui;,,_ li.::f..,'!fo" ft. ~~tr ,.~t, J > " • . % ~~., Ongoing Projects I OF A SS I O N c SOBHA Ayana SOBHA Galera SOBHA Victoria Park SOBHA Altus Bangalore Bangalore Bangalore Gurgaon 12 wings - G + 11/ 13/ 14 floors Villas - Duplex and Triplex 5 towers - G+ 9 floors 3 towers - 1B+ S+ 1
Slide 32: Ongoing Projects (continued)
Ongoing Projects (continued) c I_ - - - - fi-,.~ J =, - Marina One SOBHA Elysia SOBHA Nesara SOBHA Lake Edge Kochi GIFT City Pune Thrissur 9 towers - 2B+ 25/ 27/ 28 floors 2 towers - 4B+ 2S+ 35 floors 2 towers - G+ 23 floors 1 tower - G+ 25 floors SBA - 2,365,318 sft (848 homes) SBA - 1,249,985 sft
Slide 33: Board of Directors
Board of Directors Srivathsala K Nandagopal, Independent Director Ravi PNC Menon, Chairman Serial entrepreneur, Founder of 4 companies with 23+ years of experience in the real estate and businesses spanning Angel Investing, Financial planning construction business for HNIs and Strategic Business adv
Slide 34: 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