SignatureGlobal India Ltd
SIGNATURE NSE
SignatureGlobal India Ltd
Consumer DiscretionaryNSE: SIGNATURE BSE: 543990 Realty
Incorporated in 2000, Signatureglobal (India) Limited is a real estate development company operating in the National Capital Region of Delhi ("Delhi NCR") focussed on offering affordable and mid-segment housing.[1]
AI Verdict: HOLD Confidence: 4%
SignatureGlobal trades at a PE of 10.1x with 100% analyst buy ratings, but a 64% TTM profit decline, low 3-year ROE of 7%, and heavy reliance on other income (Rs.1,450 Cr) raise serious quality-of-earnings concerns. The stock has corrected 39% in one year, reflecting market skepticism despite consensus optimism.
Key Fundamentals
MicrocapResidential Commercial ProjectsRealtyMarket Cap
₹11,222 Cr
Volatility
Moderate
P/E Ratio
9.71
EBITDA
₹-47.97 Cr
Return on Equity
-126.98%
Debt to Equity
3.2
Book Value
₹131.63
EPS
₹2.15
52W High
₹1,294
52W Low
₹705.2
Technical Indicators
Key Insights
Strengths
2- Company is expected to give good quarter
- Company has delivered good profit growth of 19.6% CAGR over last 5 years
Weaknesses
6- Stock is trading at 5.93 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 7.48% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.1,450 Cr.
Growth Rate
Revenue Growth
-1.60% ↘
Net Income Growth
1132.54% ↘
Cash Flow Change
441.84% ↗
ROE
435.52% ↗
ROCE
281.25% ↗
EBITDA Margin (Avg.)
-117.07% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 9d agoHOLD
Risk high
SignatureGlobal trades at a PE of 10.1x with 100% analyst buy ratings, but a 64% TTM profit decline, low 3-year ROE of 7%, and heavy reliance on other income (Rs.1,450 Cr) raise serious quality-of-earnings concerns. The stock has corrected 39% in one year, reflecting market skepticism despite consensus optimism.
Bull Case 7
- PE ratio of 10.1x is attractive for a real estate company with Rs.11,173 Cr market cap, suggesting valuation is not stretched on trailing earnings
- 100% analyst buy consensus with all 5 rated analysts recommending buy indicates strong institutional conviction
- Compounded sales growth of 19% CAGR over 3 years demonstrates consistent topline expansion in a cyclical sector
- 5-year compounded sales CAGR of 100% reflects rapid scale-up from a smaller base, showing execution capability
- Compounded profit growth of 37% CAGR over 3 years shows earnings power despite recent TTM weakness
- 5-year profit CAGR of 19.6% indicates sustained long-term earnings momentum
- Company is expected to deliver a good upcoming quarter per market consensus, suggesting near-term catalyst
Bear Case 8
- TTM profit declined 64% year-over-year, a severe earnings deterioration that questions sustainability of prior growth
- Stock price has fallen 39% over the past year, indicating significant loss of market confidence
- Other income of Rs.1,450 Cr inflates reported profits, raising serious quality-of-earnings concerns for a real estate company
- 3-year ROE of only 7% is poor for a company trading at 5.99x book value, implying overvaluation on asset basis
- Zero dividend payout despite repeated profitability suggests either cash flow constraints or aggressive reinvestment with uncertain returns
- Low interest coverage ratio indicates stretched debt servicing capacity in a capital-intensive business
- Possible capitalization of interest costs may be flattering reported profitability and understating true operating expenses
- TTM sales growth has decelerated sharply to just 4% from the 3-year CAGR of 19%, signaling a growth slowdown
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 3d ago Neutral 1
- Seeks nod for new director May 30
Signatureglobal initiated a postal ballot to appoint Bharat Bhushan as Independent Director, with e-voting open from May 30 to June 28, 2026.
TL;DR: Limited news flow for SignatureGlobal this period, with only a routine board governance action reported. No material headwinds or positive catalysts emerged. The absence of negative developments is neutral, but investors should watch for upcoming quarterly results or project launch updates for directional cues.
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 705 | 166 | 99 | 282 | 694 | 401 | 749 | 828 | 520 | 866 | 338 | 284 | 1,107 |
| Expenses | 672 | 176 | 129 | 289 | 674 | 402 | 761 | 814 | 477 | 832 | 413 | 348 | 1,051 |
| Operating Profit | 33 | -10 | -30 | -7 | 20 | -1 | -12 | 13 | 44 | 33 | -74 | -63 | 56 |
| OPM % | 5% | -6% | -31% | -2% | 3% | 0% | -2% | 2% | 8% | 4% | -22% | -22% | 5% |
| Other Income | 5 | 13 | 23 | 20 | 28 | 27 | 28 | 34 | 50 | 33 | 34 | 28 | 1,355 |
| Interest | 11 | 6 | 11 | 5 | 8 | 7 | 17 | 14 | 13 | 13 | 13 | 17 | 17 |
| Depreciation | 5 | 5 | 5 | 6 | 6 | 5 | 7 | 8 | 8 | 8 | 8 | 8 | 9 |
| PBT | 22 | -8 | -24 | 2 | 35 | 13 | -7 | 26 | 73 | 46 | -62 | -60 | 1,386 |
| Tax % | 65% | -15% | -16% | -6% | -19% | 49% | -158% | -11% | 16% | 25% | -24% | -24% | 17% |
| Net Profit | 8 | -7 | -20 | 2 | 41 | 7 | 4 | 29 | 61 | 34 | -47 | -45 | 1,152 |
| EPS in Rs | 0.61 | -0.58 | -1.42 | 0.15 | 2.93 | 0.48 | 0.29 | 2.07 | 4.35 | 2.45 | -3.33 | -3.23 | 82.02 |
Profit & Loss
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 242 | 82 | 901 | 1,554 | 1,241 | 2,498 | 2,596 |
| Expenses | 278 | 163 | 986 | 1,547 | 1,268 | 2,454 | 2,644 |
| Operating Profit | -37 | -81 | -84 | 6 | -28 | 44 | -48 |
| OPM % | -15% | -99% | -9% | 0% | -2% | 2% | -2% |
| Other Income | 22 | 67 | 38 | 32 | 84 | 140 | 1,450 |
| Interest | 55 | 71 | 70 | 73 | 30 | 52 | 60 |
| Depreciation | 5 | 12 | 21 | 22 | 22 | 27 | 32 |
| PBT | -74 | -97 | -136 | -57 | 4 | 105 | 1,310 |
| Tax % | -24% | -11% | -15% | 12% | -265% | 4% | 16% |
| Net Profit | -57 | -86 | -116 | -64 | 16 | 101 | 1,095 |
| EPS in Rs | -101 | -151 | -10.23 | -5.12 | 1.15 | 7.19 | 77.9 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 11 | 12 | 14 | 14 | 14 |
| Reserves | -99 | -213 | -364 | 35 | 613 | 713 | 1,836 |
| Borrowings | 981 | 1,186 | 1,170 | 1,724 | 1,933 | 2,394 | 2,979 |
| Other Liabilities | 2,043 | 2,784 | 3,632 | 4,250 | 5,914 | 9,746 | 12,427 |
| Total Liabilities | 2,931 | 3,763 | 4,449 | 6,022 | 8,474 | 12,866 | 17,255 |
| Fixed Assets | 69 | 104 | 169 | 136 | 104 | 146 | 116 |
| CWIP | 2 | 0 | 0 | 0 | 15 | 0 | 0 |
| Investments | 109 | 57 | 5 | 0 | 0 | 0 | 1,294 |
| Other Assets | 2,751 | 3,603 | 4,276 | 5,885 | 8,356 | 12,720 | 15,846 |
| Total Assets | 2,931 | 3,763 | 4,449 | 6,022 | 8,474 | 12,866 | 17,255 |
Cash Flow
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Operating | 73 | 36 | 205 | -278 | 92 | 501 | 126 |
| Investing | -72 | -26 | 54 | 8 | -488 | 46 | 478 |
| Financing | 8 | 97 | -269 | 673 | 368 | 141 | 417 |
| Net Cash Flow | 9 | 107 | -10 | 403 | -28 | 687 | 1,021 |
| Free Cash Flow | 58 | -16 | 116 | -294 | 64 | 462 | 113 |
| CFO/OP | -269 | -36 | -247 | -4,177 | -549 | 1,324 | -423 |
Ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 46 | 66 | 2 | 7 | 10 | 9 | 9 |
| Cash Conversion Cycle | 46 | 66 | 2 | 7 | 10 | 9 | 9 |
| Working Capital Days | 26 | 505 | -45 | 92 | 233 | 51 | -88 |
| ROCE % | — | -2% | -7% | 1% | 1% | 5% | 3% |
Documents
1
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Q4 FY26 results conference call scheduled for 14 May 2026 at 11:00 A.M. IST. 2d - Q4 FY26 results conference call scheduled for 14 May 2026 at 11:00 A.M. IST.
2
Intimation Of ESG Rating
1 May - NSE Sustainability revised SignatureGlobal’s ESG rating to 65 for FY2024-25 after a construction-site incident. 1 May - NSE Sustainability revised SignatureGlobal’s ESG rating to 65 for FY2024-25 after a construction-site incident.
3
Board Meeting Intimation for Approval Of The Audited Financial Results (Both Standalone And Consolidated) Of The Company For The Quarter And Financial Year Ended On 31St March, 2026
7 May - Board meeting on 13 May 2026 to approve audited FY2026 standalone and consolidated results. 7 May - Board meeting on 13 May 2026 to approve audited FY2026 standalone and consolidated results.
4
Announcement Under Regulation 30 - Execution Of Sale Deed
24 Apr - SignatureGlobal executed two sale deeds on 24 Apr 2026 for 1.28 acres in Gurugram; 2.98 acres pending. 24 Apr - SignatureGlobal executed two sale deeds on 24 Apr 2026 for 1.28 acres in Gurugram; 2.98 acres pending.
5
Intimation Of ESG Rating
1 May - NSE Sustainability revised SignatureGlobal’s ESG rating to 65 for FY2024-25 after a construction-site incident. 1 May - NSE Sustainability revised SignatureGlobal’s ESG rating to 65 for FY2024-25 after a construction-site incident.
Frequently Asked Questions about SignatureGlobal India Ltd
What does SignatureGlobal India Ltd do?
Incorporated in 2000, Signatureglobal (India) Limited is a real estate development company operating in the National Capital Region of Delhi ("Delhi NCR") focussed on offering affordable and mid-segment housing.[1]
Where is SignatureGlobal India Ltd (SIGNATURE) listed?
SignatureGlobal India Ltd is listed on the Indian stock exchanges. It is listed on NSE: SIGNATURE and BSE: 543990. You can view its live share price, financials, and ratios on Tapetide.
Which sector does SignatureGlobal India Ltd belong to?
SignatureGlobal India Ltd operates in the Consumer Discretionary sector within the Realty industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of SignatureGlobal India Ltd?
SignatureGlobal India Ltd has a market capitalisation of approximately ₹11221.89 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of SignatureGlobal India Ltd?
The Price-to-Earnings (PE) ratio of SignatureGlobal India Ltd is 9.71. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of SignatureGlobal India Ltd?
Over the past 52 weeks, SignatureGlobal India Ltd has traded between a low of ₹705.2 and a high of ₹1,294. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of SignatureGlobal India Ltd?
SignatureGlobal India Ltd has a Return on Equity (ROE) of -126.98%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research SignatureGlobal India Ltd on Tapetide?
On Tapetide, you can view SignatureGlobal India Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2000, Signatureglobal (India) Limited is a real estate development company operating in the National Capital Region of Delhi ("Delhi NCR") focussed on offering affordable and mid-segment housing.[1]