Sobha Limited

Sobha Limited is a Bengaluru-based real estate developer that P.N.C. Menon founded on 7 August 1995. Its shares trade on the NSE and BSE, and it builds homes in 13 Indian cities. The company calls itself India's only fully backward-integrated developer and closed FY26 with record sales of ₹8,136 crore.

If you plan to buy a Sobha home or track its stock, you need more than a name. This guide explains who owns Sobha, how its in-house model works and where it builds. It also tracks how the company's numbers moved through 2026. You will also find the head office address, eight recent updates and its Hyderabad plans.

The promoter group led by founder P.N.C. Menon and his family controls Sobha Limited. Menon started his career with an interior decoration business in Oman in the 1970s. That work on palaces and premium buildings shaped the quality focus he brought to Indian housing.

Today, a team of seasoned managers runs the company day to day. Jagadish Nangineni leads it as MD, and Yogesh Bansal looks after money matters as CFO.

No, and this confusion trips up many buyers. Sobha Realty is the Dubai builder behind Sobha Hartland and other projects in the UAE. It belongs to the wider Sobha Group that Menon built in the Middle East. Sobha Limited is a separate firm, listed in India, that sells homes only in India. So when you book an apartment in Bengaluru or Hyderabad, your contract sits with Sobha Limited.

Most builders hire outside firms to do the work and buy fittings from many sellers. Sobha takes the opposite route and makes most of what goes into its buildings itself. Design, building work and finishing all stay under one roof.

The company runs its own manufacturing units for key inputs, including:

• Concrete blocks, pavers and precast products from its concrete products division
• Windows, glazing and metal works from its metals and glazing division
• Doors, wardrobes and kitchen joinery from its interiors division
• Mattresses and soft furnishings from its Restoplus division

For you as a buyer, this model means one company stays answerable for finish quality from foundation to handover. It also lets Sobha build for big corporate clients alongside its own housing projects. That contracting and manufacturing arm added ₹171 crore to revenue in Q1 FY27.

Sobha's numbers in FY26 and Q1 FY27 show a clear step up in scale. The table below sets the two periods side by side, using figures Sobha shared with investors.

Bengaluru remains the core market, while Delhi-NCR has grown into a strong second engine. In Q1 FY27, NCR alone contributed ₹1,384 crore, close to 38% of total bookings.

The balance sheet also stays in good shape. Sobha ended FY26 with ₹1,802 crore in cash against gross debt of about ₹1,002 crore. It closed Q1 FY27 with net cash of ₹659 crore. Management aims to keep net debt near zero through FY27.

Sobha's real estate business now spans 13 cities. The list grew in FY26 when the company entered Mumbai and Greater Noida.

In these cities, Sobha sells premium flats, villas, row houses and plots. Its completed portfolio stands at over 15 crore sq. ft., with another 4 crore sq. ft. under development.

Hyderabad is part of Sobha's FY27 launch plan, along with Bengaluru, NCR and Kerala. The most notable upcoming address in the city is Sobha Amara at Kismatpur, off NH-163 (Chevella Road).

The project shows how Sobha takes its high-rise skills into a new part of the city. Here is what the developer has planned so far.

*Indicative pricing, subject to change and developer confirmation.

The location gives you quick access to Hyderabad's western job belt without the crowding of living inside it. The Outer Ring Road lies about 3.5 km away, and the Financial District sits roughly 4 km away. Kismatpur Railway Station is just 1 km away, which is rare for a project this close to Gachibowli. For families, Rock High School and T.I.M.E. School are around 2 km away, with DPS Kokapet at about 3 km.

At 56 floors, the towers will stand among the tallest residential buildings on this corridor. That height is where Sobha's in-house engineering and finishing control matter most to a buyer.

Here are the eight most important updates on Sobha Limited from the past few months.

• In July 2026, Sobha reported record Q1 FY27 sales of ₹3,656.1 crore, up 76% year-on-year. It booked ₹2,078.8 crore in Q1 FY26, and this time it sold 1,432 homes in the quarter.
• Sobha's profit after tax rose to ₹50.7 crore in Q1 FY27, against ₹13.5 crore in Q1 FY26. Total income grew about 48% to ₹1,330 crore, according to the CFO on the 21 July investor call.
• SOBHA One World at Hoskote held its grand allotment on 13 June 2026 in East Bengaluru. The township alone delivered about 45% of Sobha's Q1 FY27 sales value.
• At SOBHA Crescent in Sector 63A, Gurugram, the company sold about 60% of the homes it put up for sale within Q1 FY27. This sale helped push NCR's share of quarterly bookings close to 38%.
• Management plans nine more launches totalling about 82 lakh sq. ft. in the rest of FY27. Together, these projects could bring in about ₹12,000 crore across Bengaluru, NCR, Hyderabad and Kerala.
• Sobha has guided for FY27 pre-sales of about ₹10,000 crore, which means roughly 30% growth over FY26. It also targets completions of 60 to 65 lakh sq. ft. this year.
• In late September 2026, brokerage Emkay reiterated a Buy call on Sobha with a target price of ₹1,900. Channel checks also showed three Q2 FY27 launches worth about ₹2,500 crore in Gurugram, Kerala and Mysuru.
• On 30 September 2026, Sobha announced its India Property Expo in Dallas and Santa Clara for US-based NRIs. The show will feature homes in Bengaluru, Mumbai, Gurugram, Hyderabad and Kerala.

Sobha shares sales data soon after each quarter ends, so expect the Q2 FY27 update in early October.

Sobha runs the company from its own campus on Bengaluru's Outer Ring Road. You can use the details below for official queries.

SOBHA Limited, Corporate Office Sarjapur-Marathahalli Outer Ring Road (ORR), Devarabisanahalli, Bellandur Post, Bengaluru, Karnataka 560103 Phone: +91 80 4932 0000 Website: www.sobha.com

For pricing, cost sheets or site visits, the sales team of each project will give you faster answers.

Sobha's shares trade on the NSE under the symbol SOBHA and on the BSE under code 532784. The stock first listed in 2006, after an IPO that drew huge demand. For FY26, Sobha paid a dividend of ₹6 per share, with the record date falling in July 2026.

The share price changes daily, so check the live quote on the NSE or BSE website first. Brokers such as Emkay and ICICI Securities now rate the stock a Buy. These are only views, so speak to a SEBI-registered adviser before you invest.

A strong brand helps, but you should still verify a few things for any project. Start with the RERA registration number and match it with the state RERA portal. Then compare the indicative price with the official cost sheet, which lists floor rise, premiums and statutory charges. Last, check the handover date in your agreement, since pre-launch dates can shift once approvals come in.