Sobha Shares Jump On Record Q3 Sales Performance

Sobha Ltd has delivered its highest-ever quarterly sales performance, boosting investor sentiment and driving its stock higher in Monday’s opening session. The company’s Q3 FY26 results highlight robust demand in the real estate sector, supported by strong contributions from Bengaluru and new project launches across key markets.

Key Highlights

• Shares rose 3.9% in opening trade to ₹1,548.20, compared to the previous close of ₹1,490.60.
• Q3 FY26 sales bookings surged 52% YoY to ₹2,115 crore, up from ₹1,389 crore last year.
• Sales volumes reached 1.37 million sq ft, compared to 1.02 million sq ft in Q3 FY25.
• Average price realization improved to ₹15,436 per sq ft, up from ₹13,663 per sq ft.
• Bengaluru contributed ₹1,512 crore, accounting for 71.5% of total sales.
• Delhi NCR added ₹349 crore, supported by the launch of Sobha Strada serviced apartments.
• Nine month FY26 sales bookings rose 37% to ₹6,096.7 crore, reflecting sustained demand momentum.

Broader Context
Sobha’s record performance underscores the strength of India’s housing market, particularly in premium urban centers. With expanding footprints in NCR, Kerala, and Mumbai, the company is positioned to capitalize on rising demand and improved realizations, reinforcing investor confidence in its growth trajectory.

Sources: Outlook Business, CNBC TV18, ET Realty, FilingReader, Free Press Journal