What do the numbers say about Sobha Developers Ltd. (SOBHA)? Here's a look at its financials, valuation, and ownership data.
Sobha Developers Revenue Trend
At ₹4,163 Cr, Sobha Developers Ltd.'s FY2025 revenue was 29.4% ahead of the ₹3,218 Cr posted in FY2024.
Over the past 10 years, revenue has grown at a 5.5% CAGR, from ₹2,441 Cr to ₹4,163 Cr. Decent growth, though not exceptional.
In terms of scale, Sobha Developers Ltd.'s ₹4,163 Cr in annual revenue positions it as a mid-sized construction company.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹4,163 Cr | +29.4% |
| FY2024 | ₹3,218 Cr | -5.4% |
| FY2023 | ₹3,402 Cr | +20.6% |
| FY2022 | ₹2,822 Cr | +28.8% |
| FY2021 | ₹2,190 Cr | — |
View Sobha Developers Ltd.'s full 10-year revenue trend with CAGR analysis →
Sobha Developers Profitability
On the profitability front, Sobha Developers Ltd. did well — net income rose 92.8% to ₹94.7 Cr from ₹49.1 Cr a year earlier.
Net margin expanded to 2.3% in FY2025, up from 1.5% a year prior.
At ₹9.28 per share (diluted), FY2025 earnings were up year-over-year from ₹5.18.
Is Sobha Developers Undervalued
The P/E Ratio approach puts Sobha Developers Ltd.'s intrinsic value at ₹1,211, a 12.4% downside from the current market price.
Sobha Developers Ltd. shares are currently trading at ₹1,382.00.
Craytheon also calculates intrinsic value using the EPS Growth model. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹1,211 | 12.4% downside to fair value |
| EPS Growth | Upgrade | Upgrade |
See all valuation models for Sobha Developers Ltd. with detailed assumptions →
Sobha Developers Shareholding Pattern
At 52.9%, the promoter stake has been flat for the past 4 quarters.
Foreign investors held 6.2% of the company as of March 2026, down year-over-year from 8.1%.
Domestic institutional investors (DIIs) held 26.1% as of March 2026, up from 24.6% a year ago.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 52.9% | 6.2% | 26.1% | 14.8% |
| Dec 2025 | 52.9% | 6.3% | 25.8% | 15.1% |
| Sep 2025 | 52.9% | 6.4% | 26.0% | 14.7% |
| Jun 2025 | 52.9% | 8.1% | 24.6% | 14.4% |
Track quarterly shareholding changes for Sobha Developers Ltd. →
Sobha Developers Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2025 total assets: ₹172.21B (up 25.7% YoY from ₹136.96B).
Top categories: Inventories (65.3%), Other Assets (29.1%), Property, Plant & Equipment (3.0%).
Of the ₹172.21B in liabilities and equity, 26.5% is shareholder equity, 6.9% is interest-bearing debt, and 66.6% is operating liabilities. Over the year, debt is down 39.0% and equity is up 81.4%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 1.27B |
| Receivables | 1.86B |
| Inventories | 112.52B |
| Property, Plant & Equipment | 5.15B |
| Investments | 1.15B |
| Intangibles & Goodwill | 215.42M |
| Other Assets | 50.05B |
| Category | Value |
|---|---|
| Equity | 45.61B |
| Short-term Debt | 3.76B |
| Long-term Debt | 8.07B |
| Trade Payables | 5.65B |
| Other Liabilities | 109.12B |
Sobha Developers Key Highlights
Here's the bottom line on Sobha Developers Ltd. (SOBHA) based on the latest available financials.
Revenue of ₹4,163 Cr in FY2025, up 29.4% year-over-year.
Long-term revenue has been compounding at 5.5% annually over 10 years.
The company is profitable, with a net margin of 2.3% and net income of ₹94.7 Cr.
The P/E Ratio model implies 12.4% downside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Craytheon's full analysis of Sobha Developers Ltd. goes deeper: three valuation models, growth metrics, and 10 years of financial data.