Sobha Limited has informed the exchange about Operational Update Q1 FY 2026.
SOBHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sobha Limited posted its highest-ever quarterly real estate sales value of ₹2,079 crore in Q1 FY2026, crossing the ₹2,000 crore milestone for the first time. The company's share of sales value grew 26.5% year-on-year to ₹1,717 crore, up from ₹1,358 crore in Q1 FY2025. Total new sales area rose 23% YoY to 1.44 million sq ft, but average price realization dropped 9.7% to ₹14,395 per sq ft, suggesting a richer mix of mid-segment sales. The company launched SOBHA Aurum, its first project in Greater Noida, and added four towers at Marina One in Kochi, expanding its footprint to 13 cities. Bangalore contributed ₹602 crore, Gurgaon ₹352 crore, and Kerala ₹210 crore. The company delivered 594 homes covering 1.07 million sq ft during the quarter.
Record quarterly sales value and successful entry into Greater Noida reflect strong demand and execution, which is a positive signal for the stock. Investors should watch the declining average realization, which may indicate a shift toward more affordable product mix or competitive pressure in key markets.