# Sobha share price today (Sobha Ltd, NSE: SOBHA) > Sobha share price today: ₹1,147.20 at the NSE close on 3 November 2026, down 29.1% in a year. Sobha (NSE: SOBHA) is worth ₹12,268 crore, trades at a P/E of 64.2 and has closed between ₹1,125.10 and ₹1,701.20 over the past 52 weeks. > Sobha Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SOBHA · Realty - National · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/sobha-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Mixed, from the last 12 quarters - Price: ₹1,147.20 (−29.1% in a year) - P/E: 64.2× (higher than 63% of the last 11 years) - Revenue (Sep 2026): ₹967 Cr (−31.3% on a year ago) - Profit (Sep 2026): ₹33.0 Cr (−54.8% on a year ago) - Operating margin: 7.0% (flat on a year ago) - ROCE: 7%, FY26 - ROIC: 3.7%, against a 12.0% cost of capital: −8.3 points The main question: yearly earnings per share moved +104.2% while the share price moved −29.1%. ## What is the Sobha share price today? Sobha Ltd's share price was ₹1,147.20 at the close on 3 November 2026. It has been falling for 36 weeks. That is 14.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,125 and ₹1,701, and at that close it sat 4% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 17 weeks running. Over the last 11 years the share price moved +373% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 17 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Sobha this quarter? Two changes stood out: profit fell in the September 2026 quarter and revenue fell in the September 2026 quarter. 1. Profit fell in the September 2026 quarter Profit was ₹33 crore, -54.8% on a year earlier (₹73 crore), after 2 quarters of growth. Why: Profit fell because fewer homes were completed and handed over, so revenue was recognised later while fixed running costs and selling costs continued. Next results: check the reported core profit margin, which shows profit before some costs, and see if the recovery shows up in actual results, not just project-level gross margins. From the earnings call on 19 Oct 2026. 2. Revenue fell in the September 2026 quarter Revenue was ₹967 crore, -31.3% on a year earlier (₹1,408 crore), after 2 quarters of growth. Why: Revenue fell because fewer homes were completed and handed over, so the company could not book that real-estate revenue in the quarter. Next results: check whether completed area turns into recognised real-estate revenue. From the earnings call on 19 Oct 2026. ## What are Sobha's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Sobha reported revenue of ₹967 crore, down 31.3% from ₹1,408 crore a year earlier, and a profit of ₹33.0 crore, down 54.8% from ₹73.0 crore. ### Sobha results: July to September 2026 against a year earlier | Measure | July to September 2026 | July to September 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹967 crore | ₹1,408 crore | −31.3% | | Profit | ₹33.0 crore | ₹73.0 crore | −54.8% | | Earnings per share | ₹3.08 | ₹6.78 | −54.6% | | Operating margin | 7.0% | 7.0% | 0.0 points | The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Sobha's management discussed these results on a call held on 19 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.) ## What is the Sobha share price history? Sobha closed at ₹1,147.20 on 3 November 2026, down 29.1% from ₹1,618.60 a year earlier (31 October 2025) and up 24.0% over five years. Its highest weekly close since March 2016 was ₹2,122.99 on 14 June 2024. ### Sobha share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹1,173.40 | −2.2% | | 1 month ago · 1 Oct 2026 | ₹1,213.10 | −5.4% | | 6 months ago · 30 Apr 2026 | ₹1,433.40 | −20.0% | | 1 year ago · 31 Oct 2025 | ₹1,618.60 | −29.1% | | 3 years ago · 3 Nov 2023 | ₹747.08 | +53.6% | | 5 years ago · 4 Nov 2021 | ₹925.25 | +24.0% | | 10 years ago · 4 Nov 2016 | ₹254.19 | +351.3% | | Earliest weekly close in our records · 11 Mar 2016 | ₹242.31 | +373.4% | | Highest weekly close since March 2016 · 14 Jun 2024 | ₹2,122.99 | −46.0% | | Lowest weekly close since March 2016 · 27 Mar 2020 | ₹127.17 | +802.1% | | 52-week high (weekly close) · 7 Nov 2025 | ₹1,701.20 | −32.6% | | 52-week low (weekly close) · 30 Oct 2026 | ₹1,125.10 | +2.0% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.) ## What is the latest news on Sobha? 3 Nov 2026: Sobha closed at ₹1,147.20, down 2.2% on the week and down 5.4% on the month. 19 Oct 2026: Sobha held its results call for July to September 2026. Management guided: FY27 sales expected to exceed beginning-of-year guidance. ### Earlier - Results for July to September 2026: Revenue down 31.3% and profit down 54.8% on a year earlier. - 10 Jul 2026: ex-date for a dividend of ₹6 a share. ## What dividend does Sobha pay? Sobha paid ₹6 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.52% at the ₹1,147.20 close on 3 November 2026. The last was a dividend of ₹6 a share, ex-date 10 July 2026. ### Sobha dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 10 Jul 2026 | ₹6 | Dividend | same day | | 11 Jul 2025 | ₹3 | Dividend | same day | | 26 Jul 2024 | ₹3 | Dividend | same day | | 28 Jul 2023 | ₹3 | Dividend | same day | | 28 Jul 2022 | ₹3 | Dividend | 29 Jul 2022 | | 29 Jul 2021 | ₹3.50 | Dividend | 30 Jul 2021 | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. Sobha Ltd paid out 33% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.) ## What did Sobha management say on the latest results call? On the call for July to September 2026, held on 19 October 2026, Sobha's management guided: FY27 sales expected to exceed beginning-of-year guidance. > “We should be able to deliver at least 50% growth in PAT over the last financial year by the end of this financial year.” > Jagadish Nangineni, Managing Director, on the call for July to September 2026 ### What management guided - FY27 profit growth of at least 50% over FY26. - H2FY27 operating margin above 15%, with improvement expected from Q3 or Q4. - FY28 onward operating margin moving toward a higher steady-state level. - Remainder-FY27 launches: prepared remarks cited at least 9 projects exceeding 11 msf. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/4671-19-Oct-2026.pdf). (From the call for July to September 2026, 19 October 2026.) ## What to watch in Sobha's next results? When Sobha reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Q3 reported operating margin: check whether recovery appears in reported results, not only project-level gross margins. - What to check (from the call) - Q3 reported operating margin: check whether recovery appears in reported results, not only project-level gross margins. - Handover conversion against the remaining delivery plan; test whether completed area translates into recognized real-estate revenue. - Actual launches and early absorption across the approval-sensitive Q3/Q4 slate, including Hoskote tower releases. - Collections versus land and construction outlays; confirm the net-cash position remains intact alongside expansion spending. ## Which stock lists is Sobha on? Sobha is on 2 of our India lists: 52 week high & low and Real estate, REIT & cement. - [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india) - [Real estate, REIT & cement Group on the list: Home and office developers](https://www.sectoralpha.in/sectors/real-estate-stocks-india) ## Is Sobha profitable? Sobha Ltd earned ₹33.0 Cr of net profit in the Sep 2026 quarter, −54.8% on the same quarter a year earlier. Full-year FY26 profit was ₹193 Cr. Over 10 years profit has grown 3.4% a year on average. That is 3.4% of the quarter's revenue. The same quarter a year earlier earned ₹73.0 Cr. For the full year, FY26 profit was ₹193 Cr (+103.2% on the year before). Why profit moved: revenue changed −31.3% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +75.5% and revenue +14.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Sobha make, and is it growing? Sobha Ltd reported ₹967 Cr of revenue in the Sep 2026 quarter, −31.3% on the same quarter a year earlier. Over 10 years it has grown 10.3% a year on average. The last full year, FY26, came in at ₹5,190 Cr. The last four reported quarters add to ₹5,176 Cr. FY26 revenue was ₹5,190 Cr, +28.5% on the year before. Recent pace: the last four quarters grew +14.0% on average, against 10.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +9.5%, against +30.9% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +27.3%, against +88.1% a year (rolling over). ## How much of every ₹100 of sales does Sobha keep? Sobha Ltd's operating margin was 7.0% in the Sep 2026 quarter, about the same as the same quarter a year ago. Across 13 years it has been between 6.0% and 32.0%. The latest quarter is within that range. In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Why the margin moved: operating margin changed +0.3 percentage points on the year while gross margin changed +16.9 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Sobha's profit turning into cash? Over the last 3 years, 379% of Sobha Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹430 Cr of operating cash against ₹193 Cr of profit. After ₹204 Cr of spending on assets, ₹226 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Sobha's cash go? Sobha Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹5,190 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹476 Cr on assets over the last 3 years. Averaged over those years that is 3.1% of FY26 revenue a year. Spending on assets: ₹476 Cr over the last 3 years, against ₹274 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹27.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Sobha's P/E ratio, and how does it compare with its own history? Sobha Ltd's P/E is 64.2×, in the middle of its own history: higher than 63% of past readings. Its usual P/E (the middle reading) is 48.4×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +104.2% while the price moved −29.1%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +4.4% a year; about +23.5% a year came from earnings growth and about −19.1 percentage points from the multiple (the market paying less); over 10 years the price moved +16.3% a year; about +3.4% a year came from earnings growth and about +12.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Sobha business getting better or worse? Sobha Ltd's business is giving mixed signals. Growth is slowing from a very fast pace: revenue growth has eased from +50.3% at its peak to +9.5%, but the business is still expanding, with ROCE steady at 7.4%. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Sobha earn on its capital? Sobha Ltd earned a ROCE of 7% in FY26. That is up from a low of 6% in FY25. Its return on capital used (ROIC) is 8.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 3.7% net margin and 0.27× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 3.7% net margin × 0.27× asset turnover × 4.13× leverage (assets divided by equity) ≈ 4.1% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 3.7% − 12.0% = −8.3 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Sobha have too much debt? Sobha Ltd has total debt of ₹1,562 Cr against shareholder equity of ₹4,736 Cr as of Sep 2026, so its debt is 0.33× its equity. Year by year, that ratio went from 1.17 in FY22 to 0.25 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Sobha shareholding pattern? Foreign institutions cut their stake in Sobha Ltd by 4.6 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 6.3% of the company. Domestic institutions moved +2.3 points over the same period, to 25.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −4.6 points over 8 quarters, to 6.3%; Domestic institutions: +2.3 points over 8 quarters, to 25.7%; Promoters: +0.1 points over 8 quarters, to 52.9%. Why the owners changed: foreign institutions moved −4.6 points and domestic institutions +2.3 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Sobha from balance-sheet trouble? For Sobha Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Sobha rank in its industry? 34.3 out of 100, rank 6 of 7 in Realty - National, with 93% of the evidence available. Sobha Ltd scores 34.3 out of 100 against the 7 companies it is compared with in Realty - National, ranking 6. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 18.4 + 6.8 + 3.5 + 5.6 = 34.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Sobha compared with? Sobha ranks 6 of 7 Realty - National companies on the 4-Factor Sector Score, with 34.3 out of 100. 1. [Lodha Developers Ltd](https://www.sectoralpha.in/stocks/lodha-developers-ltd) LODHA · quiet · Most evidence points up · 100% evidence 74.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.4/35 · Revenue 20.9% · Profit 30.6% · Operating margin change 4 points · 100% evidence Capital efficiency 18.6/25 · ROCE 16.4% · Operating margin 33% · 100% evidence Valuation 13.2/20 · P/E 23.8× · PEG 2.08 · 100% evidence Relative strength 15.4/20 · Lead over its industry 9.9% · Lead over NIFTY 500 5.4% · 1 year -13.4% · 100% evidence · 8 of 12 weeks ahead Exact sum: 27.4 + 18.6 + 13.2 + 15.4 = 74.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Prestige Estates Projects Ltd](https://www.sectoralpha.in/stocks/prestige-estates-projects-ltd) PRESTIGE · basing · Evidence leans up · 63% evidence 57.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.8/35 · Revenue 67.5% · Profit 100% · Operating margin change -6 points · 83% evidence Capital efficiency 14.6/25 · ROCE 10.4% · Operating margin 32% · 76% evidence Valuation 7.2/20 · P/E 55× · PEG n/a · 50% evidence Relative strength 10.9/20 · Lead over its industry n/a · Lead over NIFTY 500 1.8% · 1 year -16.7% · 25% evidence · 5 of 12 weeks ahead Exact sum: 24.8 + 14.6 + 7.2 + 10.9 = 57.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Brigade Enterprises Ltd](https://www.sectoralpha.in/stocks/brigade-enterprises-ltd) BRIGADE · quiet · Evidence leans up · 82% evidence 53.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/35 · Revenue -4.3% · Profit 2.5% · Operating margin change 11 points · 95% evidence Capital efficiency 16.6/25 · ROCE 10.5% · Operating margin 35% · 76% evidence Valuation 10.9/20 · P/E 24.1× · PEG n/a · 50% evidence Relative strength 13.4/20 · Lead over its industry -0.9% · Lead over NIFTY 500 -4.7% · 1 year -32.3% · 100% evidence · 9 of 12 weeks ahead Exact sum: 12.7 + 16.6 + 10.9 + 13.4 = 53.6 · What this means: Relative strength against the index is -4.7%, and revenue and profit growth are weak. 4. [Godrej Properties Ltd](https://www.sectoralpha.in/stocks/godrej-properties-ltd) GODREJPROP · quiet · Evidence leans down · 75% evidence 44.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.4/35 · Revenue 50% · Profit -13.3% · Operating margin change 56 points · 95% evidence Capital efficiency 9.7/25 · ROCE 7.6% · Operating margin -24% · 76% evidence Valuation 10.3/20 · P/E 34.6× · PEG n/a · 15% evidence Relative strength 4.0/20 · Lead over its industry -6.4% · Lead over NIFTY 500 -10.1% · 1 year -31.5% · 100% evidence · 4 of 12 weeks ahead Exact sum: 20.4 + 9.7 + 10.3 + 4 = 44.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [DLF Ltd](https://www.sectoralpha.in/stocks/dlf-ltd) DLF · turning · Evidence leans down · 85% evidence 42.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 6.6/35 · Revenue -29.3% · Profit 6.6% · Operating margin change -15.2 points · 100% evidence Capital efficiency 6.9/25 · ROCE 6.3% · Operating margin 1.8% · 100% evidence Valuation 16.3/20 · P/E 37.2× · PEG 0.86 · 100% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 13.3% · 1 year -8.6% · 25% evidence · 9 of 12 weeks ahead Exact sum: 6.6 + 6.9 + 16.3 + 12.5 = 42.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 6. Sobha Ltd this page SOBHA · quiet · Most evidence points down · 93% evidence 34.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.4/35 · Revenue 9.5% · Profit 27.3% · Operating margin change 0 points · 100% evidence Capital efficiency 6.8/25 · ROCE 6.9% · Operating margin 7% · 100% evidence Valuation 3.5/20 · P/E 63× · PEG 5.53 · 65% evidence Relative strength 5.6/20 · Lead over its industry -11.1% · Lead over NIFTY 500 -14.2% · 1 year -30.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.4 + 6.8 + 3.5 + 5.6 = 34.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Aditya Birla Real Estate Ltd](https://www.sectoralpha.in/stocks/aditya-birla-real-estate-ltd) ABREL · quiet · Most evidence points down · 64% evidence 33.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue 39.7% · Profit 100% · Operating margin change 94 points · 71% evidence Capital efficiency 5.5/25 · ROCE -4.5% · Operating margin 19% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 1.0/20 · Lead over its industry -20% · Lead over NIFTY 500 -23.2% · 1 year -46.5% · 100% evidence · 4 of 12 weeks ahead Exact sum: 17 + 5.5 + 10 + 1 = 33.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Realty - National](https://www.sectoralpha.in/sectors/realty-national), all 7 compared on one page. ## Which companies are close to Sobha in size? Sobha is the 6th largest of 7 Realty - National companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: DLF, Lodha Developers, Prestige Estates Projects, Godrej Properties and Brigade Enterprises. Just below it: Aditya Birla Real Estate. ### Realty - National companies close in size 1. [DLF Ltd](https://www.sectoralpha.in/stocks/dlf-ltd) ₹1,71,180 crore 2. [Lodha Developers Ltd](https://www.sectoralpha.in/stocks/lodha-developers-ltd) ₹1,03,642 crore 3. [Prestige Estates Projects Ltd](https://www.sectoralpha.in/stocks/prestige-estates-projects-ltd) ₹62,598 crore 4. [Godrej Properties Ltd](https://www.sectoralpha.in/stocks/godrej-properties-ltd) ₹47,232 crore 5. [Brigade Enterprises Ltd](https://www.sectoralpha.in/stocks/brigade-enterprises-ltd) ₹17,199 crore 6. Sobha Ltd ₹12,031 crore 7. [Aditya Birla Real Estate Ltd](https://www.sectoralpha.in/stocks/aditya-birla-real-estate-ltd) ₹11,213 crore [All 7 Realty - National companies, largest first](https://www.sectoralpha.in/sectors/realty-national#all-companies) ### Companies close in size in other industries 1. [Sudeep Pharma Ltd](https://www.sectoralpha.in/stocks/sudeep-pharma-ltd) ₹12,066 crore · Chemicals - Speciality 2. [Karamtara Engineering Ltd](https://www.sectoralpha.in/stocks/karamtara-engineering-ltd) ₹12,065 crore 3. Sobha Ltd ₹12,031 crore 4. [Sri Lotus Developers & Realty Ltd](https://www.sectoralpha.in/stocks/sri-lotus-developers-realty-ltd) ₹12,022 crore · Construction - Factories/Offices/Commercial 5. [Ramkrishna Forgings Ltd](https://www.sectoralpha.in/stocks/ramkrishna-forgings-ltd) ₹12,005 crore · Castings, Forgings & Fastners ## What else do people ask about Sobha? ### What is Sobha's share price today? Sobha Ltd's share price is ₹1,147.20, −29.1% over the past year. The whole company is worth ₹12,268 Cr on the market. In the last 52 weeks it traded between ₹1,125 to ₹1,701; today it is 4% of the way up from the low, 14.0% below its 200-day average (as of 3 November 2026). ### What were Sobha's latest quarterly results? Sobha Ltd reported revenue of ₹967 Cr and net profit of ₹33.0 Cr for the Sep 2026 quarter. Revenue fell 31.3% and profit fell 54.8% compared with a year earlier. Earnings per share were ₹3.08. The operating margin was 7.0%, 0.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Sobha's market cap? Sobha Ltd's market capitalisation is ₹12,268 Cr at a share price of ₹1,147.20. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Sobha performing? Sobha Ltd's share price has been falling for 36 weeks. In its latest quarter, revenue fell 31.3% and profit fell 54.8% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 17 weeks running (as of 3 November 2026). ### Will Sobha's share price go up? This page does not forecast Sobha Ltd's share price. What it shows instead: the share price is ₹1,147.20, and it has been falling for 36 weeks. Its P/E of 64.2× is higher than 63% of its own last 11 years (as of 3 November 2026). ### Who owns Sobha? Promoters own 52.9% of Sobha Ltd, foreign institutions 6.3%, domestic institutions 25.7% and the public 15.1% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 4.6 percentage points over 8 quarters (as of 3 November 2026). ### Does Sobha have too much debt? No, Sobha Ltd has little debt: its debt is 0.22× its equity, and its operating profit is 2 times its interest bill. FY26 borrowings were ₹1,057 Cr against equity of ₹4,720 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Sobha in its business cycle? Sobha Ltd's FY26 operating margin was 6.0%, against a 13-year range of 6.0% to 32.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 7.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Sobha story? The main question: yearly earnings per share moved +104.2% while the share price moved −29.1%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Sobha a stock worth studying right now? What the numbers show: Sobha Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Sobha share price forecast for 2026? What management itself guided: FY27 sales expected to exceed beginning-of-year guidance. ## Lists - 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india - Real estate, REIT & cement: https://www.sectoralpha.in/sectors/real-estate-stocks-india This is research, not advice. We’re not SEBI-registered.