SOBHA.NS Sobha Limited
INR·Price 1390.50·Mkt cap 148.69BComputed from the latest reported financials and the current market price.
Who's the real player?
A genuine play on this theme — most of its business sits right here.
Is the business healthy?
Shaky fundamentals — weak cash generation or a stretched balance sheet. Tread carefully.
- ⚠Thin interest coverage (<2x)
- ⚠Receivables growing much faster than revenue (channel-stuffing risk)
- ⚠Altman Z in distress zone (<1.8)
- Strong cash flow quality
- High FCF conversion
- Low accruals
Are the smart people buying?
No ownership-change data for this stock. The score reflects heavy growth investment (capex) and buybacks, not visible insider buying.
- Strong promoter/insider stake
- Significant insider net buys
- High capex growth
What is management saying?
No earnings-call transcript or filings found for this stock.
Is the price right?
Intrinsic value 182.95 vs price 1390.50 — screens expensive on a cash-flow DCF (-86.8% to intrinsic). The base FCF growth assumption is 0%, which may not be realistic for a growing company.
| Intrinsic / share | 182.95 |
| Price | 1390.50 |
| Upside to intrinsic | -86.8% |
| Reverse-DCF implied g | 23.6% |
Base FCF 2.71B · growth 0.0% · discount 12.0% · terminal 5.0%.
Sensitivity — intrinsic value / share
Each cell is the intrinsic value at that growth (across →) and discount rate (down ↓). Center ★ is the base case. Cells green = above price (cheap), red = below (expensive).
| Growth rate → | |||||
|---|---|---|---|---|---|
| Disc ↓ ╲ g | -4% | -2% | 0% | 2% | 4% |
| 10% | 183.01 | 226.77 | 278.25 | 338.71 | 409.62 |
| 11% | 145.43 | 181.05 | 222.8 | 271.65 | 328.77 |
| 12% | 118.26 | 148.11 | ★ 182.95 | 223.59 | 270.96 |
| 13% | 97.61 | 123.16 | 152.87 | 187.42 | 227.55 |
| 14% | 81.33 | 103.56 | 129.32 | 159.17 | 193.74 |
Through the masters' eyes
Each investor's numeric rules, checked against this stock's metrics: exact math, no guesswork. Tap one to see which rules pass, fail, and what to judge yourself.
▶
Passes 3 of 4 of Radhakishan Damani's numeric checks. Still judge the non-numeric criteria below for yourself.
- Very low debt (D/E ≤ 0.5) — now 0.22
- Consistent revenue (consistency ≥ 80%) — now 82.7%
- Positive net margin — now 3.7%
- High returns on capital (ROCE ≥ 18%) — now 3.9%
- A durable consumer franchise
- Pricing power
- A long runway, bought patiently
▶
Passes 1 of 2 of Peter Lynch's numeric checks. Still judge the non-numeric criteria below for yourself.
- Manageable debt (D/E ≤ 1.0) — now 0.22
- Solid liquidity (current ratio ≥ 1.5) — now 1.14
- A simple business you understand
- Which 'type' it is (fast grower, stalwart, cyclical…)
- A believable growth story
Couldn't check from available data: PEG ≤ 1 (growth cheap vs price) — not available; Earnings growth ≥ 15% — not available
▶
Passes 1 of 2 of Raamdeo Agrawal's numeric checks. Still judge the non-numeric criteria below for yourself.
- Longevity: revenue consistency ≥ 70% — now 82.7%
- Quality: ROCE ≥ 18% — now 3.9%
- Durability of the growth (longevity)
- Quality and honesty of management
Couldn't check from available data: Growth: earnings CAGR ≥ 15% — not available; Price: PEG ≤ 2 — not available
▶
Passes 1 of 2 of Vijay Kedia's numeric checks. Still judge the non-numeric criteria below for yourself.
- Manageable debt (D/E ≤ 1.0) — now 0.22
- ROE ≥ 15% — now 4.1%
- Ambitious, capable management
- A small company with a large opportunity
- Patience to hold for years
Couldn't check from available data: Strong earnings growth ≥ 20% — not available
▶
Passes 2 of 5 of Warren Buffett's numeric checks. Still judge the non-numeric criteria below for yourself.
- Positive free cash flow — now 4.3%
- Conservative leverage (D/E ≤ 1.0) — now 0.22
- ROE ≥ 15% — now 4.1%
- Net margin ≥ 10% — now 3.7%
- Trades below intrinsic value (margin of safety ≥ 0) — now -660%
- A business you can understand
- A durable competitive moat
- Honest, capable management
▶
Passes 1 of 3 of Rakesh Jhunjhunwala's numeric checks. Still judge the non-numeric criteria below for yourself.
- Conservative leverage (D/E ≤ 1.0) — now 0.22
- ROE ≥ 18% — now 4.1%
- Net margin ≥ 10% — now 3.7%
- A large, scalable opportunity
- Trustworthy, ambitious management
- Conviction to hold through volatility
Couldn't check from available data: Earnings growth ≥ 15% — not available
▶
Passes 1 of 4 of Charlie Munger's numeric checks. Still judge the non-numeric criteria below for yourself.
- Conservative leverage (D/E ≤ 1.0) — now 0.22
- High returns on capital (ROCE ≥ 15%) — now 3.9%
- ROE ≥ 15% — now 4.1%
- Trades below intrinsic value (margin of safety ≥ 0) — now -660%
- A high-quality, understandable business
- A durable moat
- Management of integrity
▶
Passes 1 of 6 of Benjamin Graham's numeric checks. Still judge the non-numeric criteria below for yourself.
- Debt below equity (D/E ≤ 1.0) — now 0.22
- P/E ≤ 15 — now 77.18
- P/B ≤ 1.5 — now 3.16
- Graham number: P/E × P/B ≤ 22.5 — now 243.9
- Strong liquidity (current ratio ≥ 1.5) — now 1.14
- Financially safe (Altman Z ≥ 3) — now 1.35
- A long record of stable earnings
- An uninterrupted dividend history
Financial statements (INR)
↗ sourceCash-flow lines highlighted — we trust cash over reported profit.
| Line | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | 51.90B | 40.39B | 30.63B | 32.75B | — |
| Operating income | 2.04B | 2.05B | 2.00B | 3.07B | — |
| EBITDA | 5.03B | 4.18B | 3.78B | 4.48B | — |
| Net income | 1.93B | 946.86M | 491.13M | 1.04B | — |
| Operating cash flow | 4.30B | 2.00B | 6.47B | 11.50B | — |
| Capex | -2.08B | -1.31B | -1.25B | -1.23B | — |
| Free cash flow | 2.21B | 686.74M | 5.23B | 10.27B | — |
| Total assets | 195.18B | 172.21B | 136.96B | 125.88B | — |
| Total equity | 47.20B | 45.61B | 25.14B | 24.95B | — |
| Total debt | 10.57B | 11.83B | 19.40B | 20.27B | — |
| Cash & equivalents | 1.74B | 706.68M | 561.12M | 1.04B | — |