SignatureGlobal India Ltd(SIGNATURE)

NSE: SIGNATUREBSE: 543990

₹ 702.5-1.66%refreshed 26 Oct, 03:30 pm ISTMarket cap: ₹ 9,883 crWebsite: www.signatureglobal.inUpdated: 24 Oct 2026

About

Signature Global (India) Ltd is a Gurugram-focused residential developer operating across affordable, mid-income and premium housing segments, with a 53.3 mn sqft total portfolio as of FY26. The company reported FY26 revenue of ₹2,595.86 crore and has a forthcoming launch pipeline of 17.8 mn sqft to be developed over the next 2 - 3 years. In September 2026 it acquired a 194.22-acre land parcel in Gurugram, adding 6.77 mn sqft of developable area.^[1][2][3][4]

Business segments

Real estate contributed 71.9% of FY26 segment revenue at ₹2,665.54 crore, with an EBIT margin of 18.3%.^[5]
Others (construction services and allied) contributed 27.8% of FY26 segment revenue at ₹1,029.04 crore, with an EBIT margin of 0.6%.^[5]

Key operating numbers

Pre-sales were ₹19.7 bn in Q1 FY27, down from ₹26.4 bn in Q1 FY26; full-year FY26 pre-sales were ₹82.5 bn, down from ₹102.9 bn in FY25.^[3][1]
Average sales realization rose to ₹17,093/sqft in Q1 FY27, up from ₹15,250/sqft for full FY26 and ₹12,457/sqft in FY25.^[3][1]
Collections were ₹6.7 bn in Q1 FY27, down from ₹9.3 bn in Q1 FY26; full-year FY26 collections were ₹40.1 bn, down from ₹43.8 bn in FY25.^[3][1]
Net debt / operating cash surplus improved to 0.09x at Mar-26 from 0.54x at Mar-25; net debt rose to ₹3.9 bn at Jun-26 from ₹2.0 bn at Mar-26 due to land advances.^[1][3]
Adjusted EBITDA margin was 6.3% in Q1 FY27, down from 11.6% in Q1 FY26; FY26 full-year adjusted EBITDA margin was 9.3%, down from 14.3% in FY25, driven by affordable housing completions at sub-₹6,000/sqft realization.^[3][1]
Area sold was 0.7 mn sqft in Q1 FY27, down from 1.6 mn sqft in Q1 FY26; full FY26 area sold was 5.4 mn sqft.^[3][1]

Portfolio and launch pipeline

Total portfolio of 53.3 mn sqft as of Mar-26 comprises ~12.3 mn sqft ongoing, ~21.2 mn sqft recently launched, and 19.8 mn sqft forthcoming (to be launched over 2 - 3 years).^[1]
Ongoing portfolio of 9.2 mn sqft (5.8 mn sqft net of OC received) as of Q1 FY27 carries ₹73.4 bn of yet-to-be-recognised revenue and ₹15.8 bn of collections still to be received.^[3]
Forthcoming pipeline of 17.8 mn sqft as of Q1 FY27 is planned for launch over 2 - 3 years across Sector 71, Sector 37D, Sohna Corridor, Manesar and other markets.^[3]
Q1 FY27 launch GDV was ~₹44 bn from the Tonino Lamborghini Residences project alone; FY26 total launch GDV was ₹107 bn, down from ₹138 bn in FY25.^[3][1]

Products and geography

The company develops affordable, mid-income and premium group housing, primarily in Gurugram micro-markets including Sector 71 SPR, Sector 37D DXP Estate, and the Sohna Corridor.^[1][6]
Gurugram group housing accounted for 67.7% of FY26 pre-sales, up from prior periods when township projects (Daxin, City of Colors) contributed more meaningfully.^[1]
In Q1 FY27, Signature Global launched Tonino Lamborghini Residences, a 12.4-acre ~2 mn sqft premium branded-residence project in Sector 71 SPR at ₹22,000+/sqft; 300+ of 400 Phase-1 units were sold.^[3]
FY26 premium launches comprised Cloverdale SPR (Sector 71, Q1 FY26, 770 units) and Sarvam at DXP Estate (Sector 37D, Q3 FY26, 3.6 mn sqft / 1,800 units).^[1][6]

Commercial segment - RMZ JV

Signature Global formed a 50:50 JV (Gurugram Commercity Limited) with RMZ Group covering ~4.0 mn sqft FSI on ~17 acres on SPR, Gurugram, with leasable/saleable area of ~5.6 mn sqft and indicative developable value of ₹14,000 - 15,000 crore.^[1]
The company received ₹12.37 bn of the ₹12.93 bn total consideration for its 50% stake in FY26; the JV marks Signature Global's first large-scale commercial development.^[1]

Land bank and business development

In September 2026, Signature Global acquired a 194.22-acre land parcel in Gurugram (25 acres outright, 169.22 acres via collaboration) for ₹5,500 - 6,000 crore, adding 6.77 mn sqft of developable area.^[4]
During FY26, the company added ~2.3 mn sqft in the Sohna region through business development.^[1]
Land capex for FY27 is guided at ₹1,500 - 1,800 crore, including acquisitions in core NCR markets and new geographies outside Delhi NCR.^[3]
Management is actively evaluating 100 - 150 acre mid-income township formats outside Delhi NCR as its first geographic expansion beyond the region.^[3]

Expansion targets and guidance

FY27 pre-sales target is ₹100 bn; Q1 FY27 achieved ₹19.7 bn (20% of target). FY27 launch GDV target is ₹150 bn, with major launches planned around Diwali (Q3) and Q4.^[3]
FY27 collections target is ₹60 bn (revised up from prior ₹50 bn guidance); FY27 revenue recognition target is more than ₹50 bn, up from ₹26 bn in FY26.^[3][1]
Embedded EBITDA margin of 35% and embedded PAT margin of 25% on FY27 pre-sales, with reported margins expected to recover as affordable housing completions tail off within approximately two quarters.^[3]

Recent developments

September 2026: Signature Global acquired a 194.22-acre Gurugram land parcel for ₹5,500 - 6,000 crore, its largest disclosed single acquisition, adding 6.77 mn sqft developable area.^[4]
Q1 FY27: First branded-residence launch under Tonino Lamborghini licence in Sector 71 SPR at ₹22,000+/sqft, marking the company's entry into the premium segment.^[3]
FY26: Raised ₹8.75 bn (~$100 mn) through private placement of NCDs to IFC (World Bank arm), the first listed debt transaction for the company, rated CARE A+ stable.^[7]
FY26: Net debt fell from ₹8.8 bn at Mar-25 to ₹2.0 bn at Mar-26, aided by ₹12.37 bn of RMZ JV consideration inflows; net debt / operating cash surplus improved to 0.09x.^[1]

Market Cap

₹9,883 Cr

High / Low

₹1,150 / 695

Stock P/E

9.5

Price / Book

5.4

Book Value

₹132

EPS

₹77.9

No. of Shares

14.05 Cr

ROCE

2.6%

ROE

85.0%

OPM

3.7%

Debt / Equity

1.59

Sales

₹2,596 Cr

Net Profit

₹1,095 Cr

Promoter holding

69.5%

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