Monday, 31 August 2026

Sobha Limited Share Price Falls 2.47% (Aug 31, 2026)

Sobha Limited
SOBHA.NS
₹1238.80
▼ 2.47%
Sobha slipped 2.47% to ₹1,238.80, giving back some of the sharp 7% intraday pop it saw after posting record quarterly sales of ₹3,656 crore, up 76% YoY, with net profit more than tripling to ₹50.7 crore. Profit booking set in even as total income climbed 47.6% to ₹1,330 crore, a reminder that at a rich PE of nearly 60x, the market is pricing in a lot of the company's ambitious 30%-plus pre-sales growth target for FY27. The bigger question for investors is margin — Q1FY27 EBITDA margin came in at just 9.7%, and Sobha needs a sharp ramp-up to 17-20% by Q4FY27 to justify that growth narrative. The stock remains well off its 52-week high of ₹1,732.5, and near-term returns have been weak with a 1-year CAGR of -15.12%, but 18 analysts still peg a strong-buy consensus with an average target of ₹1,752, implying meaningful re-rating potential if the margin expansion plays out.
CAGR Performance
1 Year2 Years5 Years10 Years
-13.64%-13.63%15.12%15.96%
Analyst Consensus
Average Target Price: ₹1752.17 (range ₹1480.00 - ₹1930.00) based on 18 analysts
Strong Buy: 2 Buy: 14 Hold: 2 Sell: 0 Strong Sell: 0

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