SOBHA
₹949.3
42.05 (4.63%)
As on 03 December, 2023 | 22:33 BSE: 532784 NSE: SOBHAISIN: INE671H01015

Sobha Performance

Day Range

  • Low 908.75
  • High 962.60
₹ 949.3

52 Week Range

  • Low 412.10
  • High 962.60
₹ 949.3
  • Open Price915.00
  • Previous Close907.25
  • Volume1284226

Start SIP in Sobha

Start SIP

Sobha Share Price

  • Over 1 Month 31.31%
  • Over 3 Month 55.57%
  • Over 6 Month 70.05%
  • Over 1 Year 52.39%

Sobha Key Statistics

P/E Ratio 83.8
PEG Ratio 4.5
Market Cap Cr 9,004
Price to Book Ratio 3.6
EPS 10
Dividend 0.3
Relative Strength Index 78.09
Money Flow Index 85.55
MACD Signal 41.65
Average True Range 32.18

Sobha Investment Rating

  • Master Rating:
  • Sobha has an operating revenue of Rs. 3,727.25 Cr. on a trailing 12-month basis. An annual revenue growth of 21% is outstanding, Pre-tax margin of 4% needs improvement, ROE of 4% is fair but needs improvement. The stock from a technical standpoint is comfortably placed above its key moving averages, around 23% and 57% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 30 which is a POOR score indicating inconsistency in earnings, a RS Rating of 81 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 45 indicates it belongs to a fair industry group of Real Estate Dvlpmt/Ops and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Sobha Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 7448891,220891644587732
Operating Expenses Qtr Cr 6758341,113798566387531
Operating Profit Qtr Cr 68551069379200201
Depreciation Qtr Cr 18171717171418
Interest Qtr Cr 6260606261184181
Tax Qtr Cr 8419611512
Net Profit Qtr Cr 1584437141328
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 3,4262,809
Operating Expenses Annual Cr 2,9881,860
Operating Profit Annual in Cr 340894
Depreciation Cr 6468
Interest Annual Cr 242728
Tax Annual Cr 3640
Net Profit Annual Cr 95113
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,173798
Cash from Investing Activity Annual Cr -276-6
Cash from Financing Annual Activity Cr -759-815
Net Cash Flow Annual Cr 138-23
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2,3412,366
Fixed Assets Annual Cr 529440
Total Non Current Assets Annual Cr 2,0711,524
Total Current Assets Annual Cr 10,0609,450
Total Assets Annual Cr 12,13210,974
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 247249
ROE Annual % 45
ROCE Annual % 1329
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1334
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 7419081,210868667582731
Operating Expenses Qtr Cr 6668431,094779575368527
Operating Profit Qtr Cr 75651168992214204
Depreciation Qtr Cr 19181818181619
Interest Qtr Cr 6461616663190185
Tax Qtr Cr 10518315811
Net Profit Qtr Cr 15124932191425
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 3,4022,822
Operating Expenses Annual Cr 2,9411,842
Operating Profit Annual in Cr 370925
Depreciation Cr 6872
Interest Annual Cr 249750
Tax Annual Cr 4141
Net Profit Annual Cr 104117
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,150821
Cash from Investing Activity Annual Cr -23738
Cash from Financing Annual Activity Cr -773-884
Net Cash Flow Annual Cr 140-25
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2,4952,511
Fixed Assets Annual Cr 884817
Total Non Current Assets Annual Cr 2,1081,582
Total Current Assets Annual Cr 10,4819,828
Total Assets Annual Cr 12,58811,410
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 263265
ROE Annual % 45
ROCE Annual % 1228
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1435

Sobha Technicals

EMA & SMA

Current Price
₹949.3
42.05 (4.63%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹857.73
  • 50 Day
  • ₹784.89
  • 100 Day
  • ₹714.53
  • 200 Day
  • ₹657.79
  • 20 Day
  • ₹854.99
  • 50 Day
  • ₹771.13
  • 100 Day
  • ₹685.08
  • 200 Day
  • ₹602.06

Sobha Resistance and Support

PIVOT
₹940.22
Resistance
First Resistance 971.68
Second Resistance 994.07
Third Resistance 1,025.53
RSI 78.09
MFI 85.55
MACD Single Line 41.65
MACD 44.95
Support
First Resistance 917.83
Second Resistance 886.37
Third Resistance 863.98

Sobha Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,349,505 49,783,239 36.89
Week 692,355 26,489,502 38.26
1 Month 811,529 21,294,526 26.24
6 Month 848,786 27,594,046 32.51

Sobha Result Highlights

Sobha Synopsis

NSE-Real Estate Dvlpmt/Ops

Sobha is involved in the business activities of Construction of buildings. Company’s Total Operating Revenue is Rs. 3328.09 Cr. and Equity Capital is Rs. 94.85 Cr. for the Year ended 31/03/2023. Sobha Ltd. is a Public Limited Listed company incorporated on 07/08/1995 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L45201KA1995PLC018475 and registration number is 018475.
Market Cap 9,004
Sales 3,743
Shares in Float 4.55
No of funds 149
Yield 0.32
Book Value 3.85
U/D Vol ratio 2.1
LTDebt / Equity 24
Alpha 0.15
Beta 1.27

Sobha

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 52.28%52.28%52.26%51.99%
Mutual Funds 12.75%9.86%11.25%12.18%
Insurance Companies 2.2%2.35%2.37%1.57%
Foreign Portfolio Investors 11.22%12.74%13.76%15.06%
Financial Institutions/ Banks
Individual Investors 9.33%10.51%8.11%7.36%
Others 12.22%12.26%12.25%11.84%

Sobha Management

Name Designation
Mr. Ravi PNC Menon Chairman
Mr. Jagadish Nangineni Managing Director
Mr. Raman Mangalorkar Independent Director
Mr. R V S Rao Independent Director
Mr. Anup S Shah Independent Director
Ms. K N Srivathsala Independent Director

Sobha Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Sobha Corporate Action

Date Purpose Remarks
2023-11-06 Quarterly Results
2023-08-07 Quarterly Results
2023-05-29 Audited Results & Final Dividend
2023-02-07 Quarterly Results
2022-11-14 Quarterly Results (Revised) per share(70%)Dividend
Date Purpose Remarks
2023-07-28 FINAL Rs.3.00 per share(30%)Final Dividend
2022-07-29 FINAL Rs.3.00 per share(30%)Dividend
2021-07-30 FINAL Rs.3.50 per share(35%)Final Dividend

Sobha MF Shareholding

Name Amount(cr)
HSBC Small Cap Fund Fund Regular Growth 11,552
Franklin India Smaller Companies Fund Growth 9,684
HSBC Value Growth 9,289
Franklin India Focused Equity Fund Growth 9,237
Canara Robeco Small Cap Fund Regular Growth 7,863

Sobha FAQs

What is Share Price of Sobha ?

Sobha share price is ₹949 As on 03 December, 2023 | 22:19

What is the Market Cap of Sobha ?

The Market Cap of Sobha is ₹9003.7 Cr As on 03 December, 2023 | 22:19

What is the P/E ratio of Sobha ?

The P/E ratio of Sobha is 83.8 As on 03 December, 2023 | 22:19

What is the PB ratio of Sobha ?

The PB ratio of Sobha is 3.6 As on 03 December, 2023 | 22:19

Q2FY23