Sobha

₹1698.9 -52.4 | 3%

WEBSITE BSE:532784 NSE : SOBHA 10 May, 16:01

Market Cap ₹16113 Cr.

Stock P/E 177.6

P/B 6.4

Current Price ₹1698.9

Book Value ₹ 264.3

Face Value 10

52W High ₹1968.9

Dividend Yield 0.18%

52W Low ₹ 492.3

Edit Ratio

Sobha Research see more...

Overview Inc. Year: 1995Industry: Construction - Real Estate

Sobha Ltd is an India-based real estate developer. The Company operates through 2 segments: real estate section, and contractual and production section. Its real estate segment is engaged within the enterprise of construction, development, sale, control and operation of all or any a part of townships, housing projects and other related activities. It also consists of leasing of self-owned industrial premises. It builds presidential residences, villas, row homes, luxury and splendid luxurious apartments, plotted development, and aspirational homes. The Company’s contractual and production section contains development of commercial premises and different associated activities, also consists of manufacturing activities related to interiors, glazing and metal works and concrete merchandise. It also presents backward integration to Company’s turnkey initiatives. Its portfolio includes developing workplaces, conference centres, software program development blocks, hostel facilities, restaurants, and club homes.

Sobha Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Sobha Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	780	622	710	565	670	868	1210	908	741	685
Other Income	1	28	33	12	21	30	30	31	32	29
Total Income	780	650	744	576	691	898	1240	939	774	714
Total Expenditure	601	472	633	492	575	779	1094	843	666	611
Operating Profit	180	178	111	85	115	119	146	97	108	103
Interest	79	79	68	61	63	66	61	61	64	61
Depreciation	17	18	18	15	18	17	18	18	19	20
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	84	81	25	8	34	35	67	17	25	21
Provision for Tax	21	20	11	4	15	3	18	5	10	6
Profit After Tax	63	61	14	5	19	32	49	12	15	15
Adjustments	0	0	0	0	0	0	0	0	0	-0
Profit After Adjustments	63	61	14	5	19	32	49	12	15	15
Adjusted Earnings Per Share	6.7	6.4	1.5	0.5	2	3.4	5.1	1.3	1.6	1.6

Sobha Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	1865	2173	2441	1943	2229	2783	3442	3754	2110	2561	3310	3544
Other Income	6	10	15	34	39	50	73	72	81	84	92	122
Total Income	1870	2184	2455	1977	2268	2833	3516	3826	2190	2645	3402	3667
Total Expenditure	1316	1571	1823	1500	1809	2263	2769	2639	1435	2028	2941	3214
Operating Profit	554	613	632	477	458	569	747	1187	756	617	462	454
Interest	170	173	188	164	150	198	236	682	601	308	249	247
Depreciation	59	69	72	60	64	54	62	72	79	72	68	75
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	324	370	372	257	258	317	448	433	75	237	145	130
Provision for Tax	107	137	128	119	97	100	151	151	13	63	41	39
Profit After Tax	217	234	244	138	161	217	297	282	62	173	104	91
Adjustments	0	1	-6	0	0	0	0	0	0	0	0	0
Profit After Adjustments	217	235	238	138	161	217	297	282	62	173	104	91
Adjusted Earnings Per Share	22.1	24	24.3	14.1	16.7	22.9	31.3	29.7	6.6	18.3	11	9.6

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	29%	-4%	4%	6%
Operating Profit CAGR	-25%	-27%	-4%	-2%
PAT CAGR	-40%	-28%	-14%	-7%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	236%	54%	31%	16%
ROE Average	4%	5%	8%	8%
ROCE Average	8%	10%	13%	13%

Sobha Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	2137	2291	2432	2565	2644	2770	2229	2431	2428	2423	2495
Minority's Interest	10	9	15	0	0	0	0	0	0	0	0
Borrowings	53	79	236	477	442	279	5	238	350	365	613
Other Non-Current Liabilities	83	121	186	246	245	271	-81	50	54	25	34
Total Current Liabilities	2577	3010	3289	4775	5562	5705	8494	8292	8376	8705	9424
Total Liabilities	4860	5509	6157	8062	8893	9025	10646	11010	11208	11517	12566
Fixed Assets	330	335	315	373	317	280	297	499	480	449	441
Other Non-Current Assets	449	500	523	763	764	930	1039	1094	1251	1106	1645
Total Current Assets	4081	4675	5319	6926	7812	7815	9310	9417	9477	9962	10481
Total Assets	4860	5509	6157	8062	8893	9025	10646	11010	11208	11517	12566

Sobha Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	41	57	80	103	114	124	106	164	68	164	139
Cash Flow from Operating Activities	254	395	-216	388	354	353	206	294	613	826	1150
Cash Flow from Investing Activities	-129	-126	-60	-245	2	-129	-61	-307	-33	38	-237
Cash Flow from Financing Activities	-109	-246	337	-133	-345	-243	-86	-84	-483	-889	-773
Net Cash Inflow / Outflow	16	23	61	11	10	-18	58	-97	96	-25	140
Closing Cash & Cash Equivalent	57	80	141	114	124	106	164	68	164	139	279

Sobha Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	22.15	23.97	24.27	14.08	16.69	22.87	31.31	29.7	6.57	18.26	10.99
CEPS(Rs)	28.19	30.87	32.25	20.17	23.32	28.6	37.88	37.32	14.93	25.83	18.14
DPS(Rs)	7	7	7	2	2.5	7	7	7	3.5	3	3
Book NAV/Share(Rs)	217.88	233.66	247.98	261.54	274.59	292.05	235.02	256.33	255.97	255.46	263.02
Core EBITDA Margin(%)	29.29	27.58	25.17	22.64	18.69	18.65	19.56	29.71	32	20.8	11.16
EBIT Margin(%)	26.41	24.9	22.83	21.49	18.14	18.48	19.88	29.7	32.06	21.28	11.9
Pre Tax Margin(%)	17.3	16.96	15.15	13.13	11.48	11.38	13.02	11.54	3.56	9.24	4.38
PAT Margin (%)	11.6	10.7	9.95	7.06	7.16	7.78	8.63	7.5	2.95	6.76	3.15
Cash Profit Margin (%)	14.77	13.85	12.89	10.11	10	9.73	10.44	9.43	6.71	9.57	5.2
ROA(%)	4.77	4.51	4.18	1.94	1.9	2.42	3.02	2.6	0.56	1.52	0.87
ROE(%)	10.5	10.56	10.33	5.53	6.17	8.01	11.88	12.09	2.56	7.14	4.24
ROCE(%)	14.64	15.09	13.68	9.11	8.48	10.33	13.78	21.48	12.28	10.49	8.36
Receivable days	27.01	34.27	31.21	39.69	38.91	36.27	34.69	33.43	47.94	38.77	28.03
Inventory Days	348.79	361.63	383.68	652.31	760.58	650.3	601.9	642.8	1196.25	1052.86	904.89
Payable days	238.22	310.75	279.27	283.14	278.37	264.47	289.13	344.36	741.18	278.79	149.91
PER(x)	15.77	15.61	16.48	19.4	20.5	22.22	16.38	4.56	66.39	38.86	39.19
Price/Book(x)	1.6	1.6	1.61	1.04	1.25	1.74	2.18	0.53	1.7	2.78	1.64
Dividend Yield(%)	2	1.87	1.75	0.73	0.73	1.38	1.36	5.17	0.8	0.42	0.7
EV/Net Sales(x)	2.54	2.29	2.38	2.44	2.41	2.53	2.12	1.15	3.3	3.54	1.7
EV/Core EBITDA(x)	8.55	8.1	9.2	9.93	11.72	12.35	9.76	3.63	9.22	14.68	12.2
Net Sales Growth(%)	32.43	16.57	12.29	-20.38	14.71	24.85	23.68	9.06	-43.8	21.4	29.24
EBIT Growth(%)	13.85	10.02	2.95	-24.9	-3.12	30.51	32.93	62.87	-39.32	-19.43	-27.7
PAT Growth(%)	3.34	7.66	4.39	-43.4	16.43	46.7	36.95	-5.16	-77.89	178.1	-39.83
EPS Growth(%)	5.45	8.23	1.26	-41.99	18.56	36.98	36.95	-5.16	-77.89	178.1	-39.83
Debt/Equity(x)	0.65	0.61	0.85	0.85	0.84	0.84	1.17	1.28	1.25	1.03	0.8
Current Ratio(x)	1.58	1.55	1.62	1.45	1.4	1.37	1.1	1.14	1.13	1.14	1.11
Quick Ratio(x)	0.85	0.75	0.79	0.56	0.49	0.52	0.33	0.33	0.28	0.27	0.18
Interest Cover(x)	2.9	3.14	2.97	2.57	2.72	2.6	2.9	1.64	1.13	1.77	1.58
Total Debt/Mcap(x)	0.4	0.38	0.52	0.81	0.67	0.48	0.54	2.43	0.73	0.37	0.49

Sobha Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	51.99	51.99	51.99	51.99	51.99	52.26	52.28	52.28	52.28	52.28
FII	18.06	16.16	15.02	15.55	15.06	13.76	12.75	11.22	11.13	11.88
DII	12.66	13.38	13	13.71	13.76	13.62	12.21	14.95	17.22	17.55
Public	17.29	18.47	19.99	18.76	19.19	20.36	22.76	21.55	19.37	18.29
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	4.93	4.93	4.93	4.93	4.93	4.96	4.96	4.96	4.96	4.96
FII	1.71	1.53	1.42	1.47	1.43	1.3	1.21	1.06	1.06	1.13
DII	1.2	1.27	1.23	1.3	1.3	1.29	1.16	1.42	1.63	1.66
Public	1.64	1.75	1.9	1.78	1.82	1.93	2.16	2.04	1.84	1.73
Others	0	0	0	0	0	0	0	0	0	0
Total	9.48	9.48	9.48	9.48	9.48	9.48	9.48	9.48	9.48	9.48

Pros

Debtor days have improved from 278.79 to 149.91days.

Cons

Company has a low return on equity of 5% over the last 3 years.
Stock is trading at 6.4 times its book value.
The company has delivered a poor profit growth of -13% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Sobha News

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Sobha

Add Watchlist

Sobha Research see more...

Overview Inc. Year: 1995Industry: Construction - Real Estate

Sobha Share Price

Alert Data

Quarterly Price

Peer Comparison

Sobha Quarterly Results

Sobha Profit & Loss

Growth Rates

Sobha Balance Sheet

Sobha Cash Flow

Sobha Ratios

Sobha Shareholding Pattern

Sobha News

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!