Slide 1: Exchange filing cover letter
Date: January 16, 2026 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 Scrip Code: SOBHA Dear Sir/Madam(s), Sub: Investor P
Slide 2: Investor Presentation Q3 FY 2026
Investor Presentation Q3 FY 2026
Slide 3: Scale. Strength. Stability.
Scale. Strength. Stability. • Unique backward integrated model powering in-house concept-to-completion delivery • Execution track record of 580+ precision-built residential and commercial projects • Strengthened balance sheet with net-debt negative position achieved in FY 25 • Diversified presence a
Slide 4: Highlights
HIGHLIGHTS Highlights Sales & Operations Cashflow & Financials Project Updates
Slide 5: Performance Highlights | 9M FY26
Performance Highlights | 9M FY26 Strategic expansion underpinned by strong solvency, record sales and robust balance sheet fundamentals RE SALES CASHFLOW P&L DEBT (31.12.2025) ₹60.97 Bn ₹58.09 Bn ₹33.54 Bn ₹9.97 Bn Sales Value Total Operational Cash Inflow Total Revenue Gross Debt Saleable Area: Net
Slide 6: New Project Launches | Q3 FY26
New Project Launches | Q3 FY26 SOBHA Magnus, Bangalore SOBHA Inizio, Mumbai SOBHA Strada, Gurgaon c • Development is spread across 5.85 acre, located • Launched our first project in Mumbai, located in • Commercial development on 2.03 acre, in South Bangalore Parel, on 1.04 acre land parcel located a
Slide 7: Awards and recognition in Q3 FY 2026
Awards and recognition in Q3 FY 2026 c ET EDGE Award 2025 ET EDGE Award 2025 ET EDGE Award 2025 MarCom Awards LEADERSHIP CORPORATE CORPORATE 2025 Chairman Mr. Ravi Menon, as Awarded as CHAMPIONS OF Awarded as BEST Brands of Platinum Award - Annual Report Impactful CSR Leader of India CSR 2025 2025 G
Slide 8: Sales & Operations
SALES & OPERATIONS Highlights Sales & Operations Cashflow & Financials Project Updates
Slide 9: Achieved historic Sales Performance in Q3 & 9M FY26
Achieved historic Sales Performance in Q3 & 9M FY26 Key Highlights New Sales Area (Mn Sft) Total Sales Value (₹ Bn) 9M FY26 ▪ In 9M FY26, achieved sales value of ₹60.97 Bn (growth of 60.97 37.3% compared to 9M-FY25), new sales area 4.21 Mn sft 4.21 37% 35% 44.41 3.12 ▪ In Q3-FY26, SOBHA recorded sal
Slide 10: Region wise sales performance | Q3 & 9M FY26
Region wise sales performance | Q3 & 9M FY26 New Sales Area ( sft) Q3 FY26 (₹ Bn) 9M FY26 (₹ Bn) Region Q3 FY26 9M FY26 15.12 34.41 Bangalore Bangalore Bangalore 1,017,604 2,464,472 13.92 29.41 NCR* 145,862 1,027,505 3.49 18.45 Kerala* 131,820 464,670 NCR* NCR* 2.16 15.04 c Tamil Nadu* 29,780 144,25
Slide 11: Sales Value by Price bands | Q3 & 9M FY26
Sales Value by Price bands | Q3 & 9M FY26 9M FY26 vs 9M FY25 Sales value by Price bands (₹ Bn) 5 Year trend in Price bands contribution 9M FY25 9M FY26 11% 8% 12% 23.66 25% 28% 29% 20% 20% 11% 29% 17.82 16% 13.66 13.73 30% 12.02 10.76 72% 39% 39% 7.47 68% 64% 6.25 42% 16% 20% c < ₹2 Cr. ₹2 - ₹3 Cr.
Slide 12: Real Estate project completion | Q3 & 9M FY26
Real Estate project completion | Q3 & 9M FY26 Completed Project (Q3 FY 26) Tower / Wing No. of units SBA (sft) Key Highlights Bangalore 771 1,096,535 ▪ In 9M FY26 we completed 2,100 homes Sobha Windsor Wing 6 & 9 138 262,280 measuring 3.64 mn sft of saleable area Sobha Dream Acres Wing 23 & 24 237 2
Slide 13: RE development portfolio as on December 2025
RE development portfolio as on 31 December 2025 Mn sft Completed Ongoing Forthcoming Note: Region Developed Developable SBA ▪ Real Estate product mix includes Multi Storied SBA SBA Area Area Apartments, Row Houses, Villas, Plotted Developments & Club House Facilities etc. Bangalore* 68.43 49.79 19.6
Slide 14: Projected Marginal Cashflow from visible Inventory
Projected Marginal Cashflow from visible Inventory Completed Ongoing – Ongoing – • SOBHA Crystal Meadows (Rowhouse), Particulars Unit Total Projects Released Unreleased launched in Q4-FY24 is being Total Saleable area Mn sft 17.69 24.85 1.30 43.84 redesigned and hence removed from Sobha share of Sal
Slide 15: 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 5 7.68 Completed projects 0.27 2.10 Greater Noid
Slide 16: Developable Land Bank to support sustained growth
Developable Land Bank to support sustained growth Forthcoming Subsequent 422 Acres of Developable Land Bank (Acres, %) City / Region* Total Projects Land Projects Land Bangalore 78 148 226 Gurgaon, Gurgaon 18 44 62 Bangalore, 62, 15% 226, 53% Greater Noida 12 - 12 Kerala 11 - 11 Greater Noida, Tamil
Slide 17: Cashflow & Financials
CASHFLOW & FINANCIALS Highlights Sales & Operations Cashflow & Financials Project Updates
Slide 18: Cashflow performance | Q3 & 9M FY26
Cashflow performance | Q3 & 9M FY26 ₹ Bn Total Operational Cash Inflow Real Estate Cash Inflow Key Highlights ▪ Achieved total operational cash inflow of ₹19.85 Bn in Q3 58.09 32% 52.60 34% FY26, increased by 34.3% over Q3 FY25 43.99 39.35 ▪ Real estate collection was ₹18.16 Bn in Q3 FY26 growth of
Slide 19: Healthy and consistent cashflow growth over the quarters
Healthy and consistent cashflow growth over the quarters Total Operational Cash Inflow (₹ Bn) Real Estate Cash Inflow (₹ Bn) 20.46 19.85 17.85 17.78 18.46 18.16 14.78 15.83 15.99 13.75 13.21 12.23 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 c Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 Real Estate Construction Outf
Slide 20: Consolidated Cashflow Statement | Q3 & 9M FY26
Consolidated Cashflow Statement | Q3 & 9M FY26 ₹ Mn Particulars Q3-26 Q2-26 Q3-25 9M-26 9M-25 FY-25 Operational Cash Inflow Real Estate Operations 18,156 18,459 13,206 52,601 39,350 55,184 Contractual & Manufacturing 1,689 1,999 1,575 5,486 4,643 6,657 Total Operational Cash Inflow (A) 19,845 20,458
Slide 21: Cashflow Statement | Q3 & 9M FY26 (continued)
Cashflow Statement | Q3 & 9M FY26 (continued) ₹ Mn Particulars Q3-26 Q2-26 Q3-25 9M-26 9M-25 FY-25 Financial Inflow Rights Issue Proceeds (D) 6 - - 12 9,995 19,961 Financial Outflow Finance Related Outflow 198 235 338 634 1,168 1,469 Dividend - 321 - 322 301 301 Total Financial Outflow (E) 199 557 3
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 42 1.60 0.97 1.40 38 1.20 28.52 0.66 2,783 2,850 34 0.50 1.00 30 0.80 26 23.37 0.60 2,056 1,951 0.40 16.40 (0.14) (0.17) 22 0.20 12.62 1,469 - 18 (0 .20) 14 (0 .40) 10 (0 .60) (0 .80) 634 (6.30) (7.
Slide 23: Profit & Loss | 9M FY26
Profit & Loss | 9M FY26 ₹ Bn Key Highlights Total Income Real Estate Revenue ▪ Total revenue recorded in 9M FY26 was ₹33.54 bn, improved 16% 33.54 by 16.0% compared to same period last year 28.92 23.19 14% 26.33 o Real estate business contributed ₹26.33 bn, grew by 13.5% compared to 9M FY25 c o Cont
Slide 24: Profit & Loss Statement | Q3 & 9M FY26
Profit & Loss Statement | Q3 & 9M FY26 ₹ Mn Particulars Q3-26 Q2-26 Q3-25 9M-26 9M-25 FY-25 Real Estate Revenue 7,442 11,990 10,627 26,329 23,191 33,782 Contractual & Manufacturing Revenue 1,986 2,086 1,614 5,695 4,789 6,605 Other Income 402 617 328 1,514 939 1,241 Total Income 9,831 14,693 12,569 3
Slide 25: Contracts & Manufacturing – Revenue & Operations
Contracts & Manufacturing – Revenue & Operations ₹ Bn Ongoing Contractual projects (Civil) Particulars 9M-26 9M-25 Projects SBA (Mn sft) Location Total 3.07 Revenue 5.69 4.79 Karle SEZ Projects 2.54 Bangalore Contracts 2.77 2.38 Jana Seva Trust Param 0.52 Bangalore Manufacturing & Retail 2.92 2.41 O
Slide 26: Commercial Portfolio
Commercial Portfolio sft SOBHA City Mall, Thrissur Total Sobha Share Project Name Status Leasable Area Leasable area SOBHA City Mall, Thrissur Operational 322,964 280,804 1 SOBHA, Bangalore Operational 230,279 156,356 553,243 437,160 SOBHA City - Retail, Bangalore Ongoing 28,863 28,863 SOBHA Metropo
Slide 27: Consolidated Balance Sheet as on December 2025
Consolidated Balance Sheet as on 31 December 2025 ₹ Mn Assets 31-Dec-25 30-Sep-25 Equity & Liability 31-Dec-25 30-Sep-25 Non-current Assets 28,704 27,304 Non-current Liabilities 6,990 7,927 Fixed Assets 6,131 5,983 Investment Property 4,479 4,517 c Financial Assets 18,094 16,805 Current Assets 166,0
Slide 28: Project Updates
PROJECT UPDATES Highlights Sales & Operations Cashflow & Financials Project Updates
Slide 29: Project Completions – Q3 FY26
Project Completions – Q3 FY26 c SOBHA Dream Acres SOBHA Dream Garden Wing 1A SOBHA Manhattan Tower Wing 4 SOBHA Sentosa Wing 2 Wing 23 & 24, Bangalore Bangalore Bangalore Bangalore 2 wings – 2B+ G+ 14 floors 1 wing - B+ G+ 23 floors 1 wing - B+ G+ 2S+ 36 floors 1 wing – 2B+ G+ 17 floors SBA – 237,72
Slide 30: Project Completions – Q3 FY26 (continued)
Project Completions – Q3 FY26 (continued) c SOBHA Windsor Wing 6 & 9 SOBHA Galera SOBHA Arbor Wing 2 & 4 SOBHA City Tower C6 Bangalore Bangalore Chennai Gurgaon 2 wings – B+ G+ 17 floors 2 wings– 20 Rowhouses 2 wings – S+ 5 floors 1 tower – 2B+ G+ 17 floors SBA – 262,279 sft (138 homes) SBA – 65,545
Slide 31: Ongoing Projects
Ongoing Projects c SOBHA Madison Heights SOBHA Ayana SOBHA Insignia SOBHA Royal Crest Bangalore Bangalore Bangalore Bangalore 7 wings – 2B+ S+ 41 floors 12 wings – 2B+ G+ 13/ 14 floors 1 block – 2B+ G+ 8 floors 3 wings - 2B+ G+ 3S+ 28 floors SBA – 1,581,452 sft (1,120 homes) SBA – 1,130,711 sft (683
Slide 32: Ongoing Projects (continued)
Ongoing Projects (continued) c SOBHA Aranya SOBHA Nesara Marina One SOBHA Metropolis Gurgaon Pune Kochi Thrissur 5 blocks - 2B+ 43/ 46 floors 1 Block - B+ G+ 3S+ 23 floors 6 wings – 2B+ 25/ 27/ 28 floors 6 blocks - G+ 21/ 23/ 25 floors SBA – 1,927,457 sft (524 homes) SBA – 279,196 sft (94 homes) SBA
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