New Delhi, February 10th, 2025: Signature Global (BSE: 543990 | NSE: SIGNATURE), one of India’s leading real estate development companies, reported strong pre-sales of INR 128.10 billion in Calendar Year 2024, along with robust key metrics in 9M FY25 and Q3 FY25. The company achieved significant revenue growth and profitability, with revenue from operations surging 260% YoY to INR 19.8 billion, driven by increased project completions and strong execution.
The Company’s collections grew to INR 10.8 billion in Q3FY25. Along with the spike in pre-sales, the company also registered revenue growth of 196% YoY to INR 8.3 billion for Q3FY25, which have started reflecting in the P&L account and are expected to strengthen the financial statements further. Net debt was reduced to INR 7.4 billion at the end of 9MFY25 in comparison to INR 11.6 billion at the end of FY24. Below are the operational highlights for the Third quarter ended December 31, 2024. Particulars (Rs Billion) Q3FY25 Q3FY24 Q2FY25 YoY (%) QoQ (%) 9MFY25 9MFY24 9Mo9M(%) FY24 Revenue from operation 8.3 2.8 7.5 196% 11% 19.8 5.5 260% 12.4 Consolidated Profit/ (Loss) after Tax 0.29 0.02 0.04 1350% 625% 0.40 (0.25) – 0.16 Adjusted Gross Profit Margin 29% 27% 20% – – 27% 32% – 28% Adjusted EBITDA Margin 12% 10% 10% – – 12% 8% – 11% Commenting on the company’s performance, Mr Pradeep Kumar Aggarwal, Chairman and Whole- Time Director, said, “Our robust performance in 9M FY25, marked by strong revenue growth and achievement of profitability, reflects the success of our strategic initiatives and execution capabilities. The remarkable pre-sales of INR 86.7 billion, driven by successful launches across segments, demonstrates the strong market acceptance of our products and the growing preference for quality housing in Delhi NCR. The sustained improvement in our financial metrics, including strengthened collections and significant debt reduction, underscores our commitment to maintaining operational excellence while pursuing growth. Our strategic presence in high-potential micro-markets along the Dwarka Expressway, Sohna corridor and Southern Peripheral Road, supported by ongoing infrastructure development, positions us well to capitalize on the evolving market opportunities. As we move forward, we remain focused on maintaining this growth momentum while ensuring value creation for all stakeholders”
About Signature Global (India) Ltd:Signature Global, a leading real estate development company in India, is reshaping the housing market in northern India. Initially established as a key player in affordable housing, the company is now broadening its scope by focusing towards the premium and mid-housing segment, with a strong emphasis on quality execution, value creation, reliability, and adherence to global standards.
The company has delivered 13.5 million sq. ft. of housing area and has a strong pipeline of approximately 21.6 million sq. ft. of saleable area in upcoming projects, along with 46.38 million sq. ft. of ongoing projects, targeted for completion within the next 2-3 years.
Supported by prominent investors like Nomura, HDFC, IFC, Standard Chartered, Bandhan MF, and Kotak, Signature Global upholds high standards of corporate governance. The company employs a disciplined land acquisition strategy, typically launching projects within 18 months of acquisition. In FY24, Signature Global achieved sales bookings of ₹72.7 billion and reported a sales CAGR of 62% from FY21 to FY24. The company projects sales of ₹100 billion and ₹ 38 billion of revenue recognition in FY25.
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