Sobha Future Growth

Future criteria checks 5/6

Sobha is forecast to grow earnings and revenue by 66.1% and 26.5% per annum respectively. EPS is expected to grow by 64.4% per annum. Return on equity is forecast to be 16.1% in 3 years.

Key information

66.1%

Earnings growth rate

64.4%

EPS growth rate

Real Estate earnings growth	28.0%
Revenue growth rate	26.5%
Future return on equity	16.1%
Analyst coverage	Good
Last updated	26 Aug 2024

Recent future growth updates

No updates

Recent updates

Does Sobha (NSE:SOBHAPP) Have A Healthy Balance Sheet?

Jul 30

Earnings and Revenue Growth Forecasts

NSEI:SOBHAPP - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	61,363	7,538	9,453	N/A	7
3/31/2026	52,801	6,088	2,860	N/A	14
3/31/2025	41,923	2,830	9,721	N/A	13
6/30/2024	28,294	431	N/A	N/A	N/A
3/31/2024	30,969	491	5,227	6,474	N/A
12/31/2023	35,440	907	N/A	N/A	N/A
9/30/2023	37,272	1,074	7,215	8,792	N/A
6/30/2023	36,534	1,117	N/A	N/A	N/A
3/31/2023	33,101	1,042	10,268	11,502	N/A
12/31/2022	29,801	135	N/A	N/A	N/A
9/30/2022	26,714	670	12,067	12,285	N/A
6/30/2022	28,002	1,198	N/A	N/A	N/A
3/31/2022	25,613	1,732	8,064	8,265	N/A
12/31/2021	25,530	1,097	4,345	4,969	N/A
9/30/2021	25,692	986	4,991	5,267	N/A
6/30/2021	22,721	665	N/A	N/A	N/A
3/31/2021	21,098	623	5,711	6,128	N/A
12/31/2020	24,665	953	N/A	N/A	N/A
9/30/2020	26,653	1,469	2,019	4,882	N/A
6/30/2020	29,272	1,977	N/A	N/A	N/A
3/31/2020	37,539	2,817	-73	2,944	N/A
12/31/2019	42,416	3,440	-2,440	-1,208	N/A
9/30/2019	41,463	3,406	-540	1,074	N/A
6/30/2019	40,211	3,350	N/A	N/A	N/A
3/31/2019	34,421	2,970	977	2,061	N/A
12/31/2018	28,139	2,493	1,860	2,592	N/A
9/30/2018	27,179	2,329	2,247	2,900	N/A
6/30/2018	27,058	2,218	2,711	3,329	N/A
3/31/2018	27,830	2,169	N/A	3,535	N/A
12/31/2017	25,917	1,985	N/A	3,514	N/A
9/30/2017	24,398	1,845	N/A	3,346	N/A
6/30/2017	23,339	1,726	N/A	N/A	N/A
3/31/2017	22,291	1,608	N/A	3,538	N/A
12/31/2016	21,212	1,565	N/A	3,732	N/A
9/30/2016	20,190	1,536	N/A	N/A	N/A
6/30/2016	19,776	1,540	N/A	N/A	N/A
3/31/2016	19,432	1,381	N/A	3,884	N/A
12/31/2015	18,187	1,786	N/A	-1,424	N/A
9/30/2015	21,041	2,066	N/A	N/A	N/A
6/30/2015	23,244	2,260	N/A	N/A	N/A
3/31/2015	24,406	2,380	N/A	-2,164	N/A
12/31/2014	25,610	2,468	N/A	N/A	N/A
9/30/2014	24,209	2,448	N/A	N/A	N/A
6/30/2014	22,895	2,419	N/A	N/A	N/A
3/31/2014	21,734	2,350	N/A	3,948	N/A
12/31/2013	21,336	2,343	N/A	N/A	N/A
9/30/2013	20,195	2,288	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SOBHAPP's forecast earnings growth (66.1% per year) is above the savings rate (6.7%).

Earnings vs Market: SOBHAPP's earnings (66.1% per year) are forecast to grow faster than the Indian market (17.1% per year).

High Growth Earnings: SOBHAPP's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SOBHAPP's revenue (26.5% per year) is forecast to grow faster than the Indian market (10.1% per year).

High Growth Revenue: SOBHAPP's revenue (26.5% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SOBHAPP's Return on Equity is forecast to be low in 3 years time (16.1%).