SOBHA Q3FY26: EBITDA Falls 42.3% to ₹388M as Revenue Drops 22.8% Despite Strong Nine-Month Growth

2 min read     Updated on 16 Jan 2026, 05:43 PM
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Overview

SOBHA Limited reported mixed Q3FY26 results with significant EBITDA decline of 42.3% to ₹388 million and margin compression to 4.11% from 5.50% year-on-year. While quarterly consolidated revenue fell 22.8% to ₹9.43 billion, the company demonstrated strong nine-month performance with revenue growth of 21.1% and net profit surge of 190%.

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*this image is generated using AI for illustrative purposes only.

SOBHA Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, presenting a mixed performance with quarterly revenue declining and EBITDA compression while demonstrating strong nine-month growth. The Bengaluru-based real estate developer's Board of Directors approved the results at their meeting held on January 16, 2026.

Quarterly Financial Performance

The company's Q3FY26 performance showed revenue contraction across both standalone and consolidated results with significant EBITDA decline despite improved standalone profitability. Key quarterly metrics demonstrate margin pressure amid challenging market conditions.

EBITDA Performance:

Metric Q3FY26 Q3FY25 Change (%)
EBITDA ₹388.00 million ₹673.00 million -42.3%
EBITDA Margin 4.11% 5.50% -139 bps

Standalone Results:

Metric Q3FY26 Q3FY25 Change (%)
Revenue from Operations ₹9,801.10 million ₹12,467.95 million -21.4%
Total Income ₹10,285.72 million ₹12,826.92 million -19.8%
Net Profit ₹306.85 million ₹275.45 million +11.4%
Basic EPS ₹2.87 ₹2.73 +5.1%

Consolidated Results:

Metric Q3FY26 Q3FY25 Change (%)
Revenue ₹9.43 billion ₹12.20 billion -22.8%
Net Profit ₹154.00 million ₹217.00 million -29.0%

Nine-Month Performance Shows Strong Growth

The nine-month results for FY26 revealed significant improvement across key financial parameters, indicating strong underlying business momentum despite quarterly variations.

Parameter 9M FY26 9M FY25 Growth (%)
Revenue from Operations ₹33,829.51 million ₹27,921.99 million +21.1%
Total Income ₹35,552.87 million ₹28,952.66 million +22.8%
Net Profit ₹1,802.93 million ₹621.83 million +190.0%
Basic EPS ₹16.86 ₹6.28 +168.5%

Segment-wise Business Performance

SOBHA operates through two primary business segments: Real Estate and Contractual & Manufacturing. The segment analysis reveals the contribution of each division to overall performance.

Real Estate Segment:

Parameter Performance
Q3FY26 Revenue ₹7,384.92 million vs ₹10,609.62 million (Q3FY25)
Nine-month Revenue ₹26,870.57 million vs ₹22,663.09 million (9M FY25)
Nine-month Profit ₹2,998.81 million

Contractual and Manufacturing Segment:

Parameter Performance
Q3FY26 Revenue ₹3,040.16 million vs ₹2,390.43 million (+27.2%)
Nine-month Revenue ₹8,796.84 million vs ₹6,478.50 million (+35.8%)
Nine-month Profit ₹786.87 million

Financial Position and Regulatory Matters

The company maintained a stable capital structure with paid-up equity share capital of ₹1,069.40 million as of December 31, 2025. Total assets stood at ₹1,85,190.95 million compared to ₹1,56,739.50 million in the previous year, representing an 18.1% increase.

SOBHA disclosed several ongoing regulatory proceedings in its financial results. The company faces provisional attachment of land parcels valued at ₹2,016.05 million under the Prevention of Money Laundering Act, 2002, related to a joint development arrangement in Gurugram, Haryana. Additionally, the Income Tax Department has raised aggregate demands of ₹672.00 million for assessment years from AY 2015-16 to AY 2023-24, against which the company has filed appeals.

Historical Stock Returns for Sobha

1 Day5 Days1 Month6 Months1 Year5 Years
-1.43%-0.12%+5.36%-1.14%+17.67%+223.47%

Sobha Limited Schedules Q3FY26 Results Conference Call for January 17, 2026

1 min read     Updated on 13 Jan 2026, 06:07 PM
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Reviewed by
Naman SScanX News Team
Overview

Sobha Limited has scheduled a conference call for January 17, 2026 at 4:00 PM IST to discuss Q3FY26 results with analysts and institutional investors. The call will cover operational and financial performance for the quarter ended December 31, 2025, with Managing Director Mr. Jagadish Nangineni and CFO Mr. Yogesh Bansal representing the company. ICICI Securities is organizing the event with multiple access options including international toll-free numbers.

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*this image is generated using AI for illustrative purposes only.

Sobha Limited has announced a conference call with analysts and institutional investors to discuss its Q3FY26 financial and operational performance. The real estate developer informed stock exchanges about this scheduled interaction in compliance with regulatory requirements.

Conference Call Details

The company has organized the earnings call for Saturday, January 17, 2026 at 4:00 PM IST. The session will focus on briefing participants about the operational and financial performance for the quarter ended December 31, 2025.

Parameter Details
Date January 17, 2026
Time 4:00 PM IST
Quarter Coverage Q3FY26 (ended December 31, 2025)
Organizer ICICI Securities

Management Participation

The conference call will be represented by key members of Sobha Limited's senior management team who will address queries and provide insights into the company's quarterly performance.

Role Representative
Managing Director Mr. Jagadish Nangineni
Chief Financial Officer Mr. Yogesh Bansal

Access Information

ICICI Securities is organizing the conference call and has provided multiple access options for participants. The universal access numbers are +91 22 6280 1144 and +91 22 7115 8045 for domestic participants.

International Access Numbers

Country Toll-Free Number
Singapore 8001012045
Hong Kong 800964448
UK 08081011573
USA 18667462133

Regulatory Compliance

The announcement was made on January 13, 2026, and communicated to both BSE Limited and National Stock Exchange of India Limited. Company Secretary and Compliance Officer Bijan Kumar Dash signed the regulatory filing, ensuring compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Sobha

1 Day5 Days1 Month6 Months1 Year5 Years
-1.43%-0.12%+5.36%-1.14%+17.67%+223.47%
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