Sobha Limited

SOBHA IN

124
🌎Sobha is a vertically integrated luxury real estate developer in India.

The company controls the entire value chain, including structural manufacturing, joinery, and finishing, ensuring quality and timeliness.

The company is expected to reduce its dividend payout from 32% to 6.5%, freeing up more capital for reinvestment in growth and potentially increasing ROE to 11% in the future.

P/B 3.6
P/S 3.9
ROE 2.2% 👆

Revenue

2022 | 32.6 B
2023 | 30.3 B
2024 | 40.3 B

Net Profit

2022 | 1.04 B
2023 | 0.49 B
2024 | 0.94 B

We expect revenue and profit growth in the coming years, as well as an increase in FCF

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