Pune: Real estate developer Signature Global (NSE: SIGNA) has reported stellar financial results for Q1 (Signature Global Q1 FY26), with net profit increasing by 386% year-on-year to ₹0.34 billion, up from ₹0.07 billion in Q1 FY25.
This substantial growth was driven by robust revenue recognition from project completions, as revenue more than doubled to ₹8.7 billion, marking a 118% YoY growth.
The company has cumulatively delivered 15.7 million sq. ft. of developed real estate as of Q1 FY26.
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While pre-sales during the quarter stood at ₹26.4 billion – compared to ₹31.2 billion in Q1 FY25 – the average sales realization saw a significant rise to ₹16,296 per sq. ft., up from ₹12,457 in FY25.
Signature Global Q1 FY26: Growth Propelled by Cloverdale SPR Launch
Signature Global Q1 FY26 growth was propelled by the launch of Signature Global’s premium residential project, Cloverdale SPR, located on the Southern Peripheral Road (SPR) in Sector 71, Gurugram.
Despite slightly lower collections of ₹9.3 billion (vs ₹12.1 billion in Q1 FY25), net debt remained stable at ₹8.9 billion, reflecting a strong balance sheet. The company’s adjusted gross profit margin stood at 27%, while EBITDA margin was 12%, compared to 28% and 13% respectively in Q1 FY25.
Furthering its land acquisition strategy, Signature Global acquired 9.96 acres in Sohna, a key micro-market in Gurugram, unlocking a development potential of 0.53 million sq. ft. This move aligns with its long-term growth roadmap.
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Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, Signature Global, said: “Signature Global Q1 FY26 began with strong momentum, reflecting our commitment to timely delivery and customer satisfaction. The Cloverdale SPR launch has added meaningful value, and with several launches ahead, we are confident of sustaining our growth trajectory.”
The company is well-positioned to capitalize on premium residential demand in Delhi-NCR with its upcoming launches, bolstered by operational efficiency and strategic land acquisitions.
