NSE: SIGNATURE · BSE: 543990
SIGNATUREGLOBAL INDIA LTD
Develops and sells residential housing in the Delhi NCR market, primarily Gurugram, and is now expanding into commercial real estate and premium branded residences. FY26 revenue of ₹2,595.865 crore split into three reported segments — real estate (71.9% of segment revenue), 'Others' (27.8%), and a small NBFC arm (0.3%) — with real estate generating ₹487.072 crore of segment EBIT on ₹2,665.542 crore of segment revenue. Customers are individual home buyers; FY26 presales reached ₹82.5 billion on 5+ million sq ft and 2,100+ units, with average realizations crossing ₹15,000 per sq ft (up 20%+ YoY). The firm is also entering commercial development via a 50:50 JV with RMZ Group for a 5.5 million sq ft project in Sector 71, and premium branded residences with Tonino Lamborghini covering 2+ million sq ft. Materials — principally land and construction inputs — make up 74.2% of revenue, with employees at 9.6% and other opex at 18%; FY26 net debt was brought near zero on operating cash flow above ₹21 billion. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Real estate (72%), Others (28%), NBFC (0%). Asset-heavy, project-cyclical residential real estate developer
Exhibit 1: Financial summary, FY24–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 1,241 | 2,498 | 2,596 |
| EBITDA (ex other income) | (28) | 44 | 1,219 |
| margin % | (2.2) | 1.8 | 47.0 |
| Owners' profit | 16 | 101 | 1,095 |
| EPS, as reported (₹) | 1.22 | 7.19 | 77.90 |
| ROE % · ROCE % | 2.6 · 1.8 | 13.9 · 6.7 | 59.2 · 36.3 |
| Debt / equity (x) | 3.05 | 3.24 | 1.59 |
| Cash from operations | 92 | 501 | 126 |
| Capex | (36) | (45) | (26) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 749 | 828 | 520 | 866 | 338 | 284 | 1,107 | 552 |
| Profit before tax | (7) | 26 | 73 | 46 | (62) | (60) | 1,386 | (21) |
| Net profit | 4 | 29 | 61 | 34 | (47) | (45) | 1,152 | (17) |
| EPS (₹) | 0.29 | 2.07 | 4.34 | 2.45 | (3.34) | (3.22) | 82.01 | (1.18) |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Real estate | 2,666 | 71.9 |
| NBFC | 11 | 0.3 |
| Others | 1,029 | 27.8 |
| Total, before eliminations | 3,706 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| DLF LIMITED | 1,66,093 | 37.4 | 3.65 | 50.1 | 9.7 | 6.0 | 8.6 | 37.1 |
| LODHA DEVELOPERS LIMITED | 1,00,949 | 24.5 | 4.31 | 20.2 | 14.6 | 15.7 | 25.1 | 40.5 |
| THE PHOENIX MILLS LTD | 68,130 | 53.2 | 4.76 | 26.4 | 10.9 | 9.9 | 32.7 | 63.4 |
| PRESTIGE ESTATE LTD | 61,258 | 53.8 | 3.66 | 17.7 | 7.8 | 6.8 | 11.8 | 38.1 |
| OBEROI REALTY LIMITED | 58,867 | 19.3 | 3.28 | 16.9 | 14.0 | 15.5 | 24.0 | 61.1 |
| GODREJ PROPERTIES LTD | 47,761 | 29.8 | 2.47 | 21.9 | 9.5 | 11.4 | 46.3 | 107.7 |
| BRIGADE ENTER. LTD | 18,001 | 20.9 | 2.39 | 13.9 | 9.6 | 6.8 | 23.9 | 41.9 |
| ANANT RAJ LIMITED | 16,878 | 28.4 | 2.90 | 22.9 | 9.6 | 10.2 | 58.7 | 32.1 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 9.5 | 20.0 | 10 of 57 | 84% |
| P/B | 5.4 | 1.9 | 62 of 64 | 3% |
| ROCE | 34.7 | 6.4 | 2 of 66 | 99% |
| ROE | 59.2 | 8.0 | 1 of 64 | 100% |
| Debt / Equity | 1.6 | 0.4 | 59 of 64 | 8% |
| EBITDA margin | 2.8 | 29.6 | 57 of 66 | 14% |
| Revenue growth | (36.2) | 12.8 | 59 of 67 | 12% |
| Profit growth | (148.0) | 7.5 | 62 of 66 | 6% |
| Market cap | 9924 | 1893 | 12 of 67 | 83% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 17 Oct 2026 · RTA certificate for Q2 FY2027 filed under SEBI Regulation 74(5) | compliance | minimal | — | — |
| 10 Oct 2026 · Q2FY27 Pre-sales INR 18.3B; Collections Up 51% QoQ; Land Bank Expanded | business updates | high | — | — |
| 10 Oct 2026 · Q2 pre-sales dip 9% YoY, collections up 9% YoY and realization 12% higher | business updates | medium | — | — |
| 26 Sept 2026 · New auditor and 3 independent directors re-appointed at AGM | management changes | medium | — | — |
| 26 Sept 2026 · Signatureglobal India: All 8 AGM resolutions approved with requisite majority | board shareholder meetings | medium | — | — |
| 25 Sept 2026 · Subsidiaries guarantee Rs 100 crore ICICI Bank term loan for parent | credit debt | medium | — | — |
| 25 Sept 2026 · Trading Window Closed from Oct 1 for Q2 Results | compliance | minimal | — | — |
| 25 Sept 2026 · Signature Global acquires 194 acres for luxury villa project in Gurugram | compliance | low | — | — |
| 25 Sept 2026 · Signature Global acquires 194 acres in Gurugram for luxury villa project | strategic transactions | medium | — | — |
| 24 Sept 2026 · SignatureGlobal 27th AGM: FY26 results, RMZ JV, FY27 targets announced | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.