New Delhi, Delhi, 9th of November, 2024 : Signature Global (BSE: 543990 | NSE: SIGNATURE), amongst the leadingreal estate development companies in India, reported pre-sales of INR 59.0 billion in H1FY25 and 184% YoY to INR 27.8 billion in Q2FY25. During H1’FY25, strong pre-sales performance is driven by the successful launch of Group housing project Titanium SPR for INR 30 Bn& Township projects DAXIN Vistason Sohna Corridor for INR 23 Bn.
TheCompany’scollectionsgrewby60%toINR21.3billionin H1FY25. Alongwith the spike in pre-sales, the company also registers the growth in revenue of342% YoY to INR 11.5 billion for H1FY25, on account of completion of more projects which have started reflecting in the P&L account and is expected to further strengthen the financial statements.
Netdebtwas reduced to INR 10.1 billionat the end of H1FY25 in comparison toINR 11.6 billion attheendofFY24.
Belowaretheoperationalhighlightsforthesecond quarterended September 30,2024.
| Particulars (Rs Billion) | Q2FY25 | Q2FY24 | Q1FY25 | YoY (%) | QoQ(%) | H1FY25 | H1FY24 | YoY(%) | FY24 |
| Revenue from operation | 7.5 | 1.0 | 4.0 | 650% | 88% | 11.5 | 2.6 | 342% | 12.4 |
| Consolidated Profit/ (Loss) after Tax | 0.04 | (0.20) | 0.07 | 120% | (43%) | 0.11 | (0.27) | 141% | 0.16 |
| Adjusted EBITDA Margin | 10% | 2% | 13% | – | – | 11% | 7% | – | 11% |
Commenting on the company’s performance, Mr Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, said, “The real estate market in the Delhi NCR region, particularly in Gurugram, continues to exhibit solid fundamentals, supported by resilient end-user demand, positive market sentiment, and significant infrastructure development. The strong response to our recent launches in Gurugram underscores the rising demand for quality homes within thoughtfully planned communities.
Looking ahead, we remain focused on enhancing operational efficiency, strengthening our financial foundation, and delivering sustained value for all stakeholders. With Gurugram’s expanding infrastructure and ongoing urbanization across the NCR, we see promising opportunities for established developers to meet evolving housing needs while maintaining a disciplined financial approach.”
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.
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 recognitionin FY25.
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