Signatureglobal (India) Limited announced its financial results for the second quarter and first half of FY27, reporting a robust 38% year-on-year growth in sales to INR 38 billion. The company also saw strong collections, reaching INR 17 billion in the first half. Management expressed confidence in meeting full-year guidance, driven by a healthy pipeline and strategic business development initiatives.
Signatureglobal Reports Strong Q2 FY27 Performance
Signatureglobal (India) Limited has announced its financial results for the second quarter and first half of the fiscal year 2027. The company has reported a significant 38% year-on-year growth in sales, reaching INR 38 billion for the quarter. This performance underscores the company’s strong market position and execution capabilities amidst a growing real estate sector.
Key Financial Highlights (Q2 FY27 and H1 FY27)
In the first half of FY27, Signatureglobal recorded sales of approximately INR 38 billion, which represents about 40% of its full-year target. The company also achieved collections of approximately INR 17 billion in the first half, demonstrating healthy cash flow generation. This figure is consistent with the trend of collections over the past eight to ten quarters.
The company generated a cash surplus of about INR 4.8 billion in the first six months, prior to investments in land and approvals, or debt repayments. This surplus represents approximately 28% of collections. Signatureglobal anticipates a significant increase in collections during the second half of the year, which is expected to further boost the cash surplus.
Business Development and Project Pipeline
Signatureglobal has been actively engaged in business development, adding approximately 10 million square feet of developable area in the first six months. Key acquisitions include land parcels in Farrukhnagar and Sohna. The Farrukhnagar project, a large 194-acre land parcel, is envisioned as a unique farmhouse/villa community with resort development, located strategically close to Delhi. The Sohna market addition of 31 acres complements previous developments, with a potential developable area of about 2.7 million square feet.
The company’s debt levels remain comfortable, with net debt at approximately INR 4.5 billion against cash reserves of about INR 24 billion. The overall portfolio numbers indicate that Signatureglobal has delivered approximately 19 million square feet to date. An additional 9 million square feet are nearing delivery, with a further 50-51 million square feet in its pipeline, including 27 million square feet planned for launch over the next two years.
Outlook and Guidance
Management expressed optimism about the housing sector, particularly in Gurugram and the wider NCR region. The company remains focused on timely delivery, customer satisfaction, financial discipline, and long-term value. Signatureglobal is confident in meeting its full-year guidance for sales and revenue recognition, with substantial project completions planned for the second half of the fiscal year.
The gross profit margin for the six-month period stood at 31%, with the EBITDA margin at 13% for the full half-year. The company also recognized a Profit After Tax (PAT) of approximately INR 50 crores.
Source: BSE
