Sobha Past Earnings Performance
Past criteria checks 3/6
Sobha's earnings have been declining at an average annual rate of -31.9%, while the Real Estate industry saw earnings growing at 23% annually. Revenues have been declining at an average rate of 2% per year. Sobha's return on equity is 3.6%, and it has net margins of 2.6%.
Key information
-31.9%
Earnings growth rate
-32.2%
EPS growth rate
| Real Estate Industry Growth | 20.4% |
| Revenue growth rate | -2.0% |
| Return on equity | 3.6% |
| Net Margin | 2.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Sobha Limited's (NSE:SOBHA) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Apr 13
We Think Sobha (NSE:SOBHA) Is Taking Some Risk With Its Debt
Mar 12Improved Revenues Required Before Sobha Limited (NSE:SOBHA) Stock's 26% Jump Looks Justified
Jan 09Does Sobha (NSE:SOBHA) Have A Healthy Balance Sheet?
Dec 03Sobha (NSE:SOBHA) Has Affirmed Its Dividend Of ₹3.00
Jul 20Sobha (NSE:SOBHA) Is Paying Out A Dividend Of ₹3.00
Jul 06Is There Now An Opportunity In Sobha Limited (NSE:SOBHA)?
Sep 17Sobha (NSE:SOBHA) Will Pay A Smaller Dividend Than Last Year
Jul 21Should You Investigate Sobha Limited (NSE:SOBHA) At ₹499?
Jun 17Estimating The Intrinsic Value Of Sobha Limited (NSE:SOBHA)
May 28Is Sobha (NSE:SOBHA) A Risky Investment?
May 05A Look At The Intrinsic Value Of Sobha Limited (NSE:SOBHA)
Feb 15Is It Time To Consider Buying Sobha Limited (NSE:SOBHA)?
Dec 25Does Sobha (NSE:SOBHA) Have A Healthy Balance Sheet?
Nov 01At ₹612, Is It Time To Put Sobha Limited (NSE:SOBHA) On Your Watch List?
Aug 30Sobha's (NSE:SOBHA) Dividend Is Being Reduced To ₹3.50
Jul 16Investors Can Find Comfort In Sobha's (NSE:SOBHA) Earnings Quality
Jun 29Is Sobha (NSE:SOBHA) Using Too Much Debt?
Jun 28Should Sobha Limited (NSE:SOBHA) Be Part Of Your Dividend Portfolio?
Apr 14Calculating The Fair Value Of Sobha Limited (NSE:SOBHA)
Mar 16These 4 Measures Indicate That Sobha (NSE:SOBHA) Is Using Debt In A Risky Way
Mar 02Should You Think About Buying Sobha Limited (NSE:SOBHA) Now?
Feb 15Boasting A 6.1% Return On Equity, Is Sobha Limited (NSE:SOBHA) A Top Quality Stock?
Jan 31Our Take On Sobha's (NSE:SOBHA) CEO Salary
Jan 18Is Sobha Limited (NSE:SOBHA) A Smart Choice For Dividend Investors?
Jan 04
If You Had Bought Sobha's (NSE:SOBHA) Shares Three Years Ago You Would Be Down 45%
Dec 21Revenue & Expenses BreakdownBeta
How Sobha makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 35,440 | 907 | 3,980 | 0 |
| 30 Sep 23 | 37,272 | 1,074 | 3,821 | 0 |
| 30 Jun 23 | 36,534 | 1,117 | 3,678 | 0 |
| 31 Mar 23 | 33,101 | 1,042 | 3,526 | 0 |
| 31 Dec 22 | 29,801 | 135 | 3,376 | 0 |
| 30 Sep 22 | 26,714 | 670 | 3,352 | 0 |
| 30 Jun 22 | 28,002 | 1,198 | 3,150 | 0 |
| 31 Mar 22 | 25,613 | 1,732 | 3,083 | 0 |
| 31 Dec 21 | 25,530 | 1,097 | 2,860 | 0 |
| 30 Sep 21 | 25,692 | 986 | 2,780 | 0 |
| 30 Jun 21 | 22,721 | 665 | 2,616 | 0 |
| 31 Mar 21 | 21,098 | 623 | 2,403 | 0 |
| 31 Dec 20 | 24,665 | 953 | 2,635 | 0 |
| 30 Sep 20 | 26,653 | 1,469 | 3,254 | 0 |
| 30 Jun 20 | 29,272 | 1,977 | 2,912 | 0 |
| 31 Mar 20 | 37,539 | 2,817 | 3,254 | 0 |
| 31 Dec 19 | 42,416 | 3,440 | 3,663 | 0 |
| 30 Sep 19 | 41,463 | 3,406 | 3,669 | 0 |
| 30 Jun 19 | 40,211 | 3,350 | 3,631 | 0 |
| 31 Mar 19 | 34,421 | 2,970 | 3,502 | 0 |
| 31 Dec 18 | 28,139 | 2,493 | 3,316 | 0 |
| 30 Sep 18 | 27,179 | 2,329 | 3,201 | 0 |
| 30 Jun 18 | 27,058 | 2,218 | 3,098 | 0 |
| 31 Mar 18 | 27,830 | 2,169 | 3,072 | 0 |
| 31 Dec 17 | 25,917 | 1,985 | 2,792 | 0 |
| 30 Sep 17 | 24,398 | 1,845 | 2,751 | 0 |
| 30 Jun 17 | 23,339 | 1,726 | 2,708 | 0 |
| 31 Mar 17 | 22,291 | 1,608 | 2,680 | 0 |
| 31 Dec 16 | 21,212 | 1,565 | 2,533 | 0 |
| 30 Sep 16 | 20,190 | 1,536 | 2,529 | 0 |
| 30 Jun 16 | 19,776 | 1,540 | 2,524 | 0 |
| 31 Mar 16 | 19,432 | 1,381 | 2,513 | 0 |
| 31 Dec 15 | 18,187 | 1,786 | 3,529 | 0 |
| 30 Sep 15 | 21,041 | 2,066 | 3,614 | 0 |
| 30 Jun 15 | 23,244 | 2,260 | 3,679 | 0 |
| 31 Mar 15 | 24,406 | 2,380 | 2,755 | 0 |
| 31 Dec 14 | 25,610 | 2,468 | 3,675 | 0 |
| 30 Sep 14 | 24,209 | 2,448 | 3,656 | 0 |
| 30 Jun 14 | 22,895 | 2,419 | 3,550 | 0 |
| 31 Mar 14 | 21,734 | 2,350 | 3,579 | 0 |
| 31 Dec 13 | 21,336 | 2,343 | 3,063 | 0 |
| 30 Sep 13 | 20,195 | 2,288 | 2,957 | 0 |
| 30 Jun 13 | 18,935 | 2,223 | 2,953 | 0 |
Quality Earnings: SOBHA has a large one-off gain of ₹270.2M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: SOBHA's current net profit margins (2.6%) are higher than last year (0.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOBHA's earnings have declined by 31.9% per year over the past 5 years.
Accelerating Growth: SOBHA's earnings growth over the past year (572.6%) exceeds its 5-year average (-31.9% per year).
Earnings vs Industry: SOBHA earnings growth over the past year (572.6%) exceeded the Real Estate industry 26.9%.
Return on Equity
High ROE: SOBHA's Return on Equity (3.6%) is considered low.