Axis Securities has issued a bullish call on Signature Global (India) Ltd., recommending a ‘Buy’ with a target price of ₹1,330. This reflects an estimated 10% upside from its current share price of ₹1,229.75 (as of June 2, 2025).
Signature Global, a leading real estate player in the Delhi-NCR region, has transitioned successfully from affordable housing to mid- and premium segments. The brokerage noted that this strategic shift has contributed to strong sales momentum and robust financials.
In FY25, the company achieved pre-sales of ₹10,290 crore—exceeding its guidance of ₹10,000 crore and marking a 42% year-on-year growth. During the same period, it launched projects with a Gross Development Value (GDV) of ₹13,800 crore and added approximately 8 million sq. ft. to its project pipeline.
The company’s average unit price now stands at around ₹2.5 crore, indicating its movement into higher-value real estate. Operational revenue doubled to ₹2,500 crore, while Profit After Tax (PAT) surged by 531% to ₹101 crore, from ₹16 crore the previous year.
Looking ahead to FY26, Signature Global plans to roll out ₹17,000 crore worth of new projects—₹10,000–₹11,000 crore of which are expected in H1. Upcoming launches include Phase 2 of the Titanium project in Sector 71 and the Deluxe-DXP in Sector 37D.
The company invested ₹1,060 crore in business development and acquired 8 million sq. ft. of land with a GDV of ₹12,500 crore. It will maintain focus on high-potential micro-markets such as the Southern Peripheral Road, Dwarka Expressway, and Sohna Corridor.
Axis Securities believes Signature Global’s emphasis on mid-income premium housing and a cost-effective land bank strategy positions the company well for market expansion and sustained growth, especially in Gurugram’s upward-trending real estate market.
