HighNeutral
Announced Tue, 14 Jul · 22:57 IST
Multibagger Signature Global shares to be in focus on Wednesday after Q1 pre-sales rise 25% QoQ
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Signature Global reported Q1 FY27 pre-sales of Rs 1,970 crore, down 25% year-on-year but up 25% quarter-on-quarter, supported by the successful launch of the first phase of Tonino Lamborghini Residences in Gurugram. However, other metrics weakened sharply, with units sold falling to 226 from 778 a year ago, collections dropping to Rs 670 crore from Rs 930 crore, and net debt rising to Rs 390 crore from Rs 200 crore at the end of FY26. The company held Rs 2,522 crore in cash and bank balances, with average sales realisation improving to Rs 17,093 per sq. ft. from Rs 15,250 in FY26.