Sobha Ltd has provided updated financial guidance, projecting stronger performance in Q4 alongside its previously announced revenue forecasts for FY26. The real estate developer expects significant earnings recovery while maintaining its diversified business outlook across multiple segments.

Q4 Performance Expectations

The company anticipates stronger profits in Q4, driven by revenue recognition from delayed projects:

Project Margin Projections

Sobha Ltd has outlined its net margin expectations based on project duration, indicating differentiated profitability across its portfolio:

FY26 Revenue Outlook

The company maintains its earlier projections for FY26, presenting contrasting trends across business segments:

Business Performance Strategy

The updated guidance demonstrates Sobha Ltd's ability to manage project timelines and revenue recognition effectively. The differentiated margin structure based on project duration suggests the company's strategic approach to optimizing profitability across its development portfolio. While the non-real estate segment shows strong growth potential for FY26, the anticipated Q4 recovery from delayed revenues indicates improved operational execution in the near term.

Sobha Ltd has outlined comprehensive growth plans for FY26, combining ambitious completion targets with strategic project launches. The real estate developer expects to complete 5.2-5.3 million square feet in FY26, representing a 16-17% increase from the previous year's 4.54 million square feet completion.

FY26 Completion and Delivery Targets

The company has set specific completion milestones for the current financial year, with Q4 FY26 expected to contribute significantly to the annual target. Sobha Ltd anticipates finishing 1.5-1.7 million square feet in the fourth quarter alone.

Strategic Q4 FY26 Project Launch Initiative

Alongside completion targets, Sobha Ltd has set an ambitious annual sales target of ₹8,500.00 crores for FY26, expecting substantial 35% growth compared to the previous year's performance. The company plans to unveil 3-4 new projects in Q4 FY26 across strategic locations to support these targets.

Enhanced Market Positioning Strategy

The planned Q4 projects could significantly boost Sobha Ltd's total launch capacity for FY26 to 8.5 million square feet. This substantial increase in project launches aligns with the company's aggressive sales target and reflects its commitment to expanding market presence across multiple tier-1 and tier-2 cities.

The combination of strong completion targets and strategic project launches positions Sobha Ltd for significant growth in FY26. The diversified geographical spread across key markets demonstrates the company's comprehensive approach to capitalizing on varied regional market dynamics while maintaining steady delivery momentum.