Sobha LimitedNSE: SOBHA

Continues to Exhibit Strong Performance with Record Sales in Q3 FY26. Expands Presence to Mumbai.

· Issued by Sobha Limited
Press Release For Immediate Publication SOBHA Continues to Exhibit Strong Performance with Record Sales in Q3 FY26, Expands Presence to Mumbai Bengaluru, 16th January 2026: Sobha Limited announced its Q3 FY26 results, delivering record quarterly sales and expanding its footprint with entry into a new market. Key Highlights of Q3 FY26 include:

Sales and Operational Performance

  • Achieved highest-ever Q3-FY26 sales value of ₹ 21.15 bn, a growth of 52% YoY, and 11% QoQ.

  • New area sold stood at 1.37 mn sq. ft., marking a 35% YoY increase.

  • Average price realization stood was ₹15,436 per sq. ft.

    Financial Performance

  • PAT stood at ₹1.02 bn in 9M FY26, registering a strong 89% YoY growth compared to 9M FY25, with ₹0.15 bn contributed in Q3 FY26.

  • Revenue was ₹33.53 bn in 9M FY26, registering a 16% increase YoY compared to 9M FY25, with ₹9.83 bn, contributed in Q3 FY26

  • Collections contributed ₹58.09 bn in 9M FY26, registering a 32% growth YoY to 9M FY25, with ₹19.85 contributed in Q3 FY26.

  • Net debt continuously reduced and currently stands at (-7.92) bn resulting in Net Debt-to-Equity ratio of (-0.17).

Mr. Jagadish Nangineni, Managing Director, SOBHA Limited said, "The first nine months of FY26 have been truly exceptional for SOBHA, with our real estate sales reaching an all-time high of ₹6,097 crores. This remarkable achievement is a testament to the enduring trust of our customers and the dedication of our aligned teams across every function and business vertical. We are confident that this strong momentum will sustain, fueled by our planned new project launches in a resilient Indian macroeconomic environment, even as we navigate heightened geopolitical volatility. A significant milestone this period was our entry into the vibrant Mumbai market with the launch of SOBHA Inizio, expanding our real estate presence to 13 cities across India.

Our manufacturing & contracting businesses continue to perform steadily, further strengthening our unique backward-integrated execution model that ensures world-class quality and timely delivery. In Q3, we completed 915 homes, taking cumulative deliveries for the first nine months to 2,100 homes. While procedural delays in securing Occupancy Certificates (OCs) have temporarily moderated quarterly profitability, we remain fully confident in accelerating project completions moving forward, which will drive substantial improvements in our P&L performance. With gross debt at a prudent ₹910 crores and a negative net debt, our robust balance sheet uniquely equips us to capitalize on emerging opportunities while effectively managing the inherent cyclicality of residential real estate."

About SOBHA Limited: Founded in 1995, SOBHA Limited is the only leading national real estate brand in the country that offers international quality homes, and commercial and contractual projects delivered on time, through its backward integration model. The SOBHA DNA hinges on customer-centricity built on a foundation of strong values of trust and transparency. The unwavering commitment to continually raising and bettering quality standards through relentless execution and technology adaptation have helped the Company cumulatively deliver 150.13 million square feet of developable area across 27 Indian cities. SOBHA has been recognized for implementing class-leading sustainability practices, adhering to the highest safety standards and making significant contributions to communities though its CSR efforts. The Company epitomizes 'Passion at work', ingrained in each of the 4450 strong Sobha-ites across its offices and manufacturing units.

For further information, please contact:

SOBHA Limited Rahul Sethi

Head - Corporate Communications & PR Off: +91 80 49320000 Ext. 1007

Email: rahul.sethi@sobha.com

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