Develops and sells residential real estate, mainly in Bangalore and the National Capital Region, with a backward-integrated contracting and manufacturing arm that supports its projects. In FY26, real estate contributed 78.9% of segment revenue (INR4,438.543 cr) and contractual and manufacturing contributed 21.1% (INR1,186.79 cr). The real-estate business earns on home sales and project handovers; the contractual arm handles construction and component manufacturing work for outside clients as well. Costs are dominated by other operating expenses at 79.6% of revenue, covering land, construction and subcontracting, with materials at 7.3%, employees at 9.7% and depreciation at 2.0%. The balance sheet carries a net cash position of INR659 cr against gross debt of INR1,110 cr, and a 20.77 mn sq ft pipeline of forthcoming projects is on the books across 17 projects. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Real estate (79%), Contractual and manufacturing (21%). Cyclical, asset-heavy residential real estate developer with a backward-integrated construction arm.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2,731 | 3,310 | 3,097 | 4,039 | 5,190 |
| EBITDA (ex other income) | 889 | 369 | 277 | 294 | 310 |
| margin % | 32.6 | 11.2 | 8.9 | 7.3 | 6.0 |
| Owners' profit | 0 | 104 | 49 | 95 | 193 |
| EPS, as reported (₹) | 12.32 | 10.99 | 5.18 | 9.28 | 18.09 |
| ROE % · ROCE % | 4.7 · 27.7 | 4.2 · 12.5 | 2.0 · 9.7 | 2.1 · 6.0 | 4.1 · 7.6 |
| Debt / equity (x) | 0.98 | 0.80 | 0.76 | 0.25 | 0.21 |
| Cash from operations | 821 | 1,150 | 647 | 200 | 430 |
| Capex | (20) | (123) | (125) | (131) | (208) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 934 | 1,224 | 1,241 | 852 | 1,408 | 943 | 1,988 | 1,278 |
| Profit before tax | 36 | 29 | 56 | 19 | 99 | 21 | 122 | 69 |
| Net profit | 26 | 22 | 41 | 14 | 73 | 15 | 92 | 51 |
| EPS (₹) | 2.60 | 2.15 | 3.83 | 1.27 | 6.78 | 1.44 | 8.59 | 4.75 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Real estate | 1,787 | 32.8 |
| Contractual and manufacturing | 809 | 14.8 |
| Real Estate | 2,633 | 48.3 |
| Contractual and Manufacturing | 220 | 4.0 |
| Total, before eliminations | 5,448 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| DLF LIMITED | 1,59,533 | 35.9 | 3.51 | 48.1 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 27 Jul 2026 · Sobha Q1 FY27: Record INR3,656 cr pre-sales, up 76% YoY; guides 17-20% margin by Q4 | investor communications | medium | — | — |
| 21 Jul 2026 · Audio recording of Q1 FY2027 concall now available | investor communications | low | — | — |
| 21 Jul 2026 · Newspaper ad filing for Q1 FY27 financial results | compliance | minimal | — | — |
| 20 Jul 2026 · Sobha Q1 FY27: Record sales of Rs 36.56 bn, revenue up 48%, PAT up 274% | results | high | — | — |
| 20 Jul 2026 · Sobha Q1 FY27 Investor Presentation: Record sales of Rs 36.56 Bn | investor communications | medium | — | — |
| 20 Jul 2026 · Sobha Rights Issue Q1 FY27 Monitoring Report Shows No Deviations | fund raising | medium | — | — |
| 20 Jul 2026 · Sobha Rights Issue fund utilisation update for Q1 FY27, no deviation | compliance | minimal | — | — |
| 20 Jul 2026 · Sobha board approves ₹1,000 Cr NCD issue, Q1 profit up 26% | fund raising | high | — | — |
| 20 Jul 2026 · Sobha Q1 FY27 results: PAT up 27% YoY; board approves Rs 1,000 cr NCD issue | results | high | — | — |
| 18 Jul 2026 · Sobha AGM 2026: All 7 resolutions passed; dividend, MD re-appointment, NCD issue approved | board shareholder meetings | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 9.7 |
| 6.0 |
| 8.6 |
| 37.1 |
| LODHA DEVELOPERS LIMITED | 1,11,589 | 27.0 | 4.76 | 22.1 | 14.6 | 15.7 | 25.1 | 40.5 |
| THE PHOENIX MILLS LTD | 67,594 | 52.8 | 4.73 | 26.2 | 10.9 | 9.9 | 32.7 | 63.4 |
| PRESTIGE ESTATE LTD | 64,519 | 56.6 | 3.85 | 18.5 | 7.8 | 6.8 | 11.8 | 38.1 |
| OBEROI REALTY LIMITED | 63,306 | 20.8 | 3.53 | 18.2 | 14.0 | 15.5 | 24.0 | 61.1 |
| GODREJ PROPERTIES LTD | 52,653 | 32.9 | 2.72 | 23.7 | 9.5 | 11.4 | 46.3 | 107.7 |
| ANANT RAJ LIMITED | 21,490 | 36.2 | 3.69 | 29.3 | 9.6 | 10.2 | 58.7 | 32.1 |
| BRIGADE ENTER. LTD | 20,941 | 24.4 | 2.78 | 15.7 | 9.6 | 6.8 | 23.9 | 41.9 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 56.6 | 21.8 | 50 of 57 | 13% |
| P/B | 2.8 | 2.1 | 41 of 64 | 37% |
| ROCE | 5.0 | 6.8 | 42 of 67 | 38% |
| ROE | 4.1 | 8.2 | 46 of 67 | 32% |
| Debt / Equity | 0.2 | 0.4 | 29 of 67 | 58% |
| EBITDA margin | 10.2 | 29.6 | 54 of 66 | 19% |
| Revenue growth | 50.0 | 12.8 | 19 of 67 | 73% |
| Profit growth | 273.4 | 7.5 | 7 of 66 | 91% |
| Market cap | 13045 | 2250 | 10 of 67 | 86% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
