Sobha stock reports record H1 sales after Q2 growth

Published on 10/05/2026 at 12:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sobha stock was last at INR 1,190.30 on October 5, 2026, down 1.88 percent on the NSE. H1 FY27 sales value reached INR 58.62 billion, up 47.2 percent year over year.

Sobha, INE671H01015, Illustration mit AI erstellt.

Sobha stock (ISIN INE671H01015) was last at INR 1,190.30 on the NSE on October 5, 2026 at 3:30 p.m. IST, down 1.88 percent from the previous close. The company reported a 16 percent year-over-year increase in Q2 FY27 sales value to INR 22.06 billion in an update dated October 2, 2026, according to CNBC TV18.

Q2 sales rise despite sequential drop

The Q2 sales figure was 40 percent below the INR 36.56 billion recorded in the June quarter, creating a clear split between annual growth and sequential momentum. Sales area reached 1.42 million square feet, up 2.2 percent from Q2 FY26 but down 39.3 percent quarter over quarter, according to CNBC TV18.

Average price realization rose to INR 15,522 per square foot from INR 13,648 a year earlier, a 13.7 percent increase. Sobha's share of Q2 sales value reached INR 18.82 billion, up 22.4 percent from INR 15.37 billion in the year-earlier quarter.

H1 sales set a new benchmark

Sobha recorded its highest-ever half-year sales value of INR 58.62 billion in H1 FY27, up 47.2 percent from INR 39.814 billion in H1 FY26, according to ScanX News. Area sold increased 32.4 percent to 3.76 million square feet from 2.84 million square feet, while the average H1 price rose to INR 15,604 per square foot from INR 14,028.

The sales mix therefore carries the key operating message: value growth exceeded area growth, while higher realization supported the record half-year result. Sobha also sold 2,260 residential units in H1 FY27, compared with 1,746 units in H1 FY26, according to ScanX News.

Analyst targets remain above the quote

Investing.com listed a Strong Buy consensus based on 18 analysts, including 16 Buy ratings and 2 Hold ratings. The average 12-month target was INR 1,752.17, with a high of INR 1,930 and a low of INR 1,480, according to Investing.com.

Stock range and market value

Sobha stock was last at INR 1,190.30 on the NSE on October 5, 2026 at 3:30 p.m. IST, with a day range of INR 1,187.80 to INR 1,229.80 and a 52-week range of INR 1,130 to INR 1,732. The market capitalization was INR 127.3 billion and volume was 136,109 shares.