In this article, we will delve into the share price targets for Sobha Limited in the years 2024, 2025, 2030, 2040, and 2050. Our analysis will consist of Sobha Limited’s past performance, financial indicators, competitor landscape, product portfolio, and future share price projections.
Table of Contents
About
Sobha Limited, established in 1995, specializes in the development of real estate projects, including townships, commercial ventures, and housing projects.
| Chairmen | PNC Menon |
| Founded | 1995 |
| NSE Symbol | SOBHA |
| Founder | PNC Menon |
Sobha Limited Financial Details
| Market Cap | ₹ 12,316 Cr. | Stock P/E | 115 |
| ROCE | 8.32 % | ROE | 4.24 % |
| Debt to equity | 0.81 | Debt | ₹ 2,023 Cr |
| FII Holding | 11.2 % | DII Holding | 15.0 % |
| EPS | ₹ 11.3 | Sales growth | 45.2 % |
Table of Sobha Limited Share Price Target
Sobha Limited was incorporated in 1995. It is a real estated company. It generally engages in construction of township, housing projects, commercial projects. Company has a slow sales growth of 3.87% over last five years. But recently the stock witnessed strong rally after brokerage firm Motilal Oswal Financial Services said that it will be the top pick of 2024.
| Year | Min Target | Max Target |
|---|---|---|
| 2024 | ₹ 1341 | ₹ 1395 |
| 2025 | ₹ 1437 | ₹ 1489 |
| 2026 | ₹ 1541 | ₹ 1582 |
| 2027 | ₹ 1651 | ₹ 1695 |
| 2030 | ₹ 2032 | ₹ 2090 |
| 2040 | ₹ 4067 | ₹ 4029 |
| 2050 | ₹ 8141 | ₹ 8329 |
Sobha Share Price Target for 2024
Sobha has very strong shareholders. FIIs hold almost 11% of the stake in the company. And DIIs hold almost 16% of stake. Promoters hold 52.3%. According to our analysis company has double it stock price in 2023. It will continue to grow in 2024 as well. So our target for 2024 is ₹ 1341.
| Year | Share Price Target |
|---|---|
| 2024 | ₹ 1341 |
Sobha Share Price Target for 2025
Sobha Limited derives its revenue from two primary sources, with Real Estate constituting nearly 70% of the company’s total revenue. The remaining 30% is generated through Contractual and Commercial projects. Despite the current revenue distribution, the company anticipates sustained growth.
Taking into consideration the current revenue dynamics, market trends, and growth strategies, our projection suggests that Sobha’s share price could potentially reach ₹1437 in 2025.
| Year | Share Price Target |
|---|---|
| 2025 | ₹ 1437 |
Sobha Share Price Target for 2026, 2027 and 2030
The company has 13 real estate projects and 4 commercial projects. And it will continue to work on newer upcoming projects.
| Year | Share Price Target |
|---|---|
| 2026 | ₹ 1541 |
| 2027 | ₹ 1651 |
| 2028 | ₹ 2032 |
Sobha Share Price Target for 2040 and 2050
Although these price target are very far. No one is going to hold that enough. But we have researched and analysed the stock for 2040 and 2050. Here is the target list
| Year | Share Price Target |
|---|---|
| 2040 | ₹ 4067 |
| 2050 | ₹ 8141 |
Positive and Negative Points
Positive
- Company has reduced its debt.
- Company is maintaining a healthy dividend payout of 32.4%.
Negative
- Company has low interest coverage ratio
- company has deliverd a poor return on equity of 4.29% over last three years.
Disclaimer
Investing in stock market is risky and subject to the market condition. This article provides an examination of the company for educational purposes only. We are not SEBI( Stock exchange board of India) registered advisors, and this is not an investment advice. We do not provide tips or calls.. Before making any investment decisions, please conduct your own research or consult a qualified financial advisor.
