One of India’s top real estate development firms, Signature Global (BSE: 543990 | NSE: SIGNATURE), achieved impressive pre-sales of INR 128.10 billion in Calendar Year 2024 in addition to solid key indicators in 9M FY25 and Q3 FY25. Due to improved project completion rates and excellent execution, the company’s revenue from operations climbed 260% year over year to INR 19.8 billion, indicating considerable revenue growth and profitability.
In Q3FY25, the company’s collections increased to INR 10.8 billion. The company reported revenue growth of 196% YoY to INR 8.3 billion for Q3FY25, which coincided with the pre-sales jump. These figures have begun to show up in the P&L account and could further bolster the financial results.
By the end of 9MFY25, net debt had dropped from INR 11.6 billion at the end of FY24 to INR 7.4 billion.
Below are the operational highlights for the Third quarter ended December 31, 2024.
“Our strong performance in 9M FY25, marked by strong revenue growth and achievement of profitability, reflects the success of our strategic initiatives and execution capabilities,” remarked Mr. Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, in response to the company’s performance. The impressive pre-sales of INR 86.7 billion, which were fueled by segment-specific launches that were successful, show how well our goods are received by the market and how Delhi NCR residents are becoming more and more interested in high-quality housing.
Our dedication to upholding operational quality while seeking expansion is demonstrated by the consistent improvement in our financial KPIs, which include improved collections and a notable decrease in debt. We are well-positioned to take advantage of the changing market opportunities thanks to our strategic location in high-potential micromarkets along the Dwarka Expressway, Sohna corridor, and Southern Peripheral Road, which is bolstered by continuous infrastructural development. We are committed to sustaining this growth momentum going forward while making sure that value is created for all parties involved.
Signature Global Investor Presentation Q3FY25
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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.
