Sobha FY26 Annual Sales Hit Record ₹81.36 Billion
Record Performance Across Regions
Sobha Limited achieved a record annual sales value of ₹81.36 billion, marking a significant 30% growth compared to FY 2025. Bangalore contributed 55% to the total. The company's strongest markets reflected its diversified geographic presence: Bangalore led the charge, registering a historic sales value of ₹44.78 billion, contributing 55% to the total sales, while the NCR region followed with a sales value of ₹24.55 billion, contributing 30%. Kerala contributed ₹8.08 billion to total sales, supported by new towers launched in Marina One, Cochin, and a new project in Trivandrum.
Financial Gains and Market Share Expansion
The company's share of sales value reached a historic high of ₹67.06 billion, reflecting a 35% year-on-year increase. The average price realization also saw a healthy improvement of 9%, reaching ₹14,675 per sft. New sales area reached 5.54 million square feet.
The company achieved a net cash positive position of ₹800 Cr as of FY26, with gross debt stood at ₹1,002 Cr and cash balance at ₹1,802 Cr for FY26. Total annual collections in FY26 were ₹7,798 Cr, a 26.1% increase, while net operating cash flow for FY26 grew by 39.4% to ₹1,637 Cr.
New Launches and Expansion Strategy
In Q4 FY26, Sobha launched three projects across three cities, with Sobha Woods Whispering Hill in Trivandrum, Sobha Altair in East Bangalore, and Sobha Rivana in Greater Noida, offering a range of 2, 3, and 4-bedroom configurations. For Q4 FY26, Sobha recorded a sales value of ₹20.39 billion, with 1.34 million square feet of new sales area at an average price of ₹15,268 per square foot, with Bangalore's sales value at ₹10.37 billion, contributing 51% to overall sales.
Operational Achievements
On the completions front, Sobha delivered 5.40 Mn sft comprising 3,188 homes across 39 towers, 58 row houses and villas in FY26. The company also launched 6.04 Mn sft across 9 projects in 6 cities during FY26.
About Sobha Limited
Founded by P.N.C. Menon in 1995 with a clear vision to transform the way people perceive quality, Sobha went public in 2006 through its initial public offering, an event that got oversubscribed a record 126 times. Sobha Limited has delivered 148 million sqft of built space across 600+ projects in 27 Indian cities and the Middle East, making it one of the top five Indian residential developers by delivered volume.
Sobha's primary differentiator is its unique backward integrated business model. By managing architectural design, structural engineering, and interior manufacturing entirely in-house, the developer ensures unmatched craftsmanship, strict quality control, and reliable project timelines for homebuyers seeking high-end living spaces.