SOBHA Q2 CONCALL : 50%+ PROFIT GROWTH GUIDANCE, 20% EBITDA MARGIN TARGET & ₹18,000 CR LAUNCH PIPELINE

• FY27 NET PROFIT GROWTH EXPECTED AT 50% OR HIGHER YOY • H2 FY27 EBITDA MARGIN EXPECTED WELL ABOVE 15%, WITH RECOVERY BEGINNING Q3 FY27 • EBITDA MARGINS EXPECTED TO MOVE TOWARD 20% OR HIGHER FROM FY28 • FY27 PRE-SALES EXPECTED TO EXCEED ORIGINAL MANAGEMENT GUIDANCE • H2 FY27 LAUNCH PIPELINE INCLUDES 8 PROJECTS ACROSS 12 MN SQ FT WITH ₹18,000 CR ESTIMATED GDV • AT LEAST 2–3 NEW PROJECT LAUNCHES EXPECTED IN Q3 FY27; REMAINING LAUNCHES MAY SHIFT TO Q4 • TWO LARGE BENGALURU PROJECTS PLANNED WITH GDV OF ₹3,000+ CR & ₹2,500+ CR • FY27 PROJECT COMPLETIONS TARGETED AT 6 MN SQ FT, INCLUDING 3.5 MN SQ FT IN H2 • UNRECOGNIZED SOLD REVENUE AT ₹22,040 CR, PROVIDING STRONG FUTURE REVENUE VISIBILITY • MANAGEMENT AIMS TO MAINTAIN ZERO NET DEBT THROUGHOUT FY27 • MUMBAI CHANDIVALI PROJECT ADDED WITH APPROXIMATELY ₹1,000 CR GDV • HIGHER-MARGIN PROJECT HANDOVERS & OWNED-LAND DEVELOPMENTS EXPECTED TO SUPPORT PROFITABILITY • PROJECT APPROVAL DELAYS & HANDOVER TIMING REMAIN KEY EXECUTION RISKS

SOBHA LIMITED

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