SignatureGlobal India Ltd
SIGNATURE NSE
SignatureGlobal India Ltd
Consumer DiscretionaryNSE: SIGNATURE BSE: 543990 Realty
Key Fundamentals
MicrocapResidential Commercial ProjectsRealtyMarket Cap
₹11,289 Cr
Volatility
Moderate
P/E Ratio
10.78
EBITDA
₹-47.97 Cr
Return on Equity
13.87%
Debt to Equity
1.61
Book Value
₹131.47
EPS
₹2.15
52W High
₹1,158
52W Low
₹705.2
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view SignatureGlobal India Ltd insights
40 extracted metrics + investor summaries across FY20–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
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 6.08 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.1,477 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 34d agoAI opinion · based on fundamentals
Risk high
SignatureGlobal India Ltd is a Gurugram-based real estate developer with a market cap of ~₹11,811 Cr trading at a PE of 10.6x. The company doubled its revenue from operations to ~₹2,500 Cr in FY25 (102% YoY growth) and reported FY26 Q4 net profit of ~₹1,152 Cr (up 1,782% YoY), but the stock has declined 34% over the past year amid concerns over earnings quality, low ROE of ~7.5%, and zero dividend payout.
Bull Case 8
- Revenue from operations nearly doubled to ~₹2,500 Cr in FY25 from ~₹1,241 Cr in FY24, reflecting strong project execution and delivery momentum
- Q4 FY26 net profit surged ~1,782% YoY to ~₹1,152 Cr with revenue jumping 112% YoY to ₹1,107 Cr, indicating high operational leverage as projects reach completion
- Net debt reduced sharply from ₹11.6 billion to ₹2 billion (₹200 Cr) by March 2026, significantly de-leveraging the balance sheet
- Compounded sales growth of 19% CAGR over 3 years and 100% CAGR over 5 years demonstrates consistent topline expansion
- FY25 full-year profit rose to ₹101.2 Cr (up from prior year) with profit CAGR of 37% over 3 years and 20% over 5 years
- PE of 10.6x is relatively modest for a real estate developer with triple-digit revenue growth, suggesting potential value if earnings normalise at elevated levels
- Pre-sales of ₹46.6 billion in H1 FY26 alone with FY26 guidance of ₹125 billion pre-sales and ₹48 billion revenue recognition indicates a strong forward pipeline
- Gross profit margin improved to 29% in H1 FY26 with average ticket size rising to ₹38.8 Mn per unit, reflecting pricing power in NCR markets
Bear Case 8
- Stock is trading at 6.25x book value — expensive for a real estate company with ROE of only 7.48% over 3 years, implying weak return on invested capital relative to premium valuation
- Stock has declined 34% over the past 1 year, reflecting significant market scepticism despite reported earnings growth
- Earnings include other income of ₹1,450 Cr, raising concerns about the quality and sustainability of reported profits
- Company has low interest coverage ratio, indicating debt servicing burden could stress cash flows if project deliveries slow
- Zero dividend yield despite reporting repeated profits suggests either capital constraints or reinvestment needs that limit shareholder returns
- ROE of just 3% in the last year and 7% over 3 years is well below the cost of equity, indicating poor capital efficiency
- Company might be capitalising interest costs, which could overstate reported profitability by deferring expenses to the balance sheet
- TTM profit growth of -64% (before the Q4 FY26 spike) and quarterly volatility — including a net loss of ₹46.8 Cr in Q2 FY26 — suggest lumpy, project-completion-driven earnings that are difficult to forecast
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 34d ago Positives 2
- Q1 pre-sales up 25% QoQ Jul 14
SignatureGlobal reported Q1FY27 pre-sales of INR 19.7 bn, a 25% QoQ rise. Net debt remained low at INR 3.9 bn.
- New Independent Director appointed Jun 30
Bharat Bhushan appointed as Independent Director via postal ballot with 99.9999% shareholder votes in favour.
Neutral 1
- Promoters confirm no share encumbrance Jun 24
Promoters declared zero encumbrance on shares for FY ended March 31, 2026, filed under SEBI Takeover Regulations.
TL;DR: SignatureGlobal is delivering strong sales momentum with Q1FY27 pre-sales at INR 19.7 bn (+25% QoQ) while maintaining a lean balance sheet at INR 3.9 bn net debt. Governance signals are positive with near-unanimous board appointment and clean promoter holdings. No material headwinds are visible in recent newsflow. The trend is improving, and sustained pre-sales growth could drive further re-rating if maintained through upcoming quarters.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 166 | 99 | 282 | 694 | 401 | 749 | 828 | 520 | 866 | 338 | 284 | 1,107 | 552 |
| Expenses | 176 | 129 | 289 | 674 | 402 | 761 | 814 | 477 | 832 | 413 | 348 | 1,051 | 597 |
| Operating Profit | -10 | -30 | -7 | 20 | -1 | -12 | 13 | 44 | 33 | -74 | -63 | 56 | -45 |
| OPM % | -6% | -31% | -2.5% | 2.9% | -0.4% | -1.6% | 1.6% | 8% | 3.8% | -22% | -22% | 5% | -8% |
| Other Income | 13 | 23 | 20 | 28 | 27 | 28 | 34 | 50 | 33 | 34 | 28 | 1,355 | 60 |
| Interest | 6 | 11 | 5 | 8 | 7 | 17 | 14 | 13 | 13 | 13 | 17 | 17 | 29 |
| Depreciation | 5 | 5 | 6 | 6 | 5 | 7 | 8 | 8 | 8 | 8 | 8 | 9 | 7 |
| PBT | -8 | -24 | 2 | 35 | 13 | -7 | 26 | 73 | 46 | -62 | -60 | 1,386 | -21 |
| Tax % | -15% | -16% | -6% | -19% | 49% | -158% | -11% | 16% | 25% | -24% | -24% | 17% | -21% |
| Net Profit | -7 | -20 | 2 | 41 | 7 | 4 | 29 | 61 | 34 | -47 | -45 | 1,152 | -17 |
| EPS in Rs | -0.58 | -1.42 | 0.15 | 2.93 | 0.48 | 0.29 | 2.07 | 4.35 | 2.45 | -3.33 | -3.23 | 82.02 | -1.17 |
Profit & Loss
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 242 | 82 | 901 | 1,554 | 1,241 | 2,498 | 2,596 | 2,282 |
| Expenses | 278 | 163 | 986 | 1,547 | 1,268 | 2,454 | 2,644 | 2,408 |
| Operating Profit | -37 | -81 | -84 | 6 | -28 | 44 | -48 | -126 |
| OPM % | -15% | -99% | -9% | 0.4% | -2.2% | 1.8% | -1.9% | -6% |
| Other Income | 22 | 67 | 38 | 32 | 84 | 140 | 1,450 | 1,477 |
| Interest | 55 | 71 | 70 | 73 | 30 | 52 | 60 | 77 |
| Depreciation | 5 | 12 | 21 | 22 | 22 | 27 | 32 | 31 |
| PBT | -74 | -97 | -136 | -57 | 4 | 105 | 1,310 | 1,243 |
| Tax % | -24% | -11% | -15% | 12% | -265% | 4% | 16% | — |
| Net Profit | -57 | -86 | -116 | -64 | 16 | 101 | 1,095 | 1,044 |
| EPS in Rs | -101 | -151 | -10.23 | -5.12 | 1.15 | 7.19 | 77.9 | 74.29 |
| 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 ₹11288.63 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 10.78. 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 ₹1,158. 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 13.87%. 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]