Signature Global (BSE: 543990 | NSE: SIGNATURE), one of India’s leading real estate development companies with a strong brand presence in Delhi-NCR, reported a 386% year-on-year increase in profit after tax (PAT), reaching INR 0.34 billion in Q1 FY26 compared to INR 0.07 billion in Q1 FY25. This growth was primarily driven by increased revenue recognition, which rose by 118% to INR 8.7 billion from INR 4.0 billion in the same quarter last year, owing to higher project completions. The company has cumulatively delivered 15.7 million sq. ft. of real estate development till Q1 FY26.
The Company achieved pre-sales of INR 26.4 billion in Q1 FY26 versus INR 31.2 billion in Q1 FY25. Average sales realization improved significantly to INR 16,296 per sq. ft. from INR 12,457 per sq. ft. in FY25, driven by the launch of the premium residential project ‘Cloverdale SPR’ on Southern Peripheral Road, Gurugram. Collections for the quarter stood at INR 9.3 billion compared to INR 12.1 billion in Q1 FY25. Net debt remained stable at INR 8.9 billion.
In terms of profitability ratios, the Company reported an adjusted gross profit margin of 27% in Q1 FY26 against 28% in Q1 FY25, while adjusted EBITDA margin stood at 12% compared to 13% in the previous year.
In line with its long-term growth strategy, Signature Global acquired 9.96 acres of land in its key micro-market of Sohna during Q1 FY26. The land parcel offers a development potential of approximately 0.53 million sq. ft.
Commenting on the company’s performance, Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, said "Building on the strong momentum of FY25, we delivered a robust performance in the first quarter of FY26, with our operational revenue doubling year-on-year. This growth reflects our continued focus on customer satisfaction and the timely delivery of quality homes. Our consistent financial and operational progress has further strengthened stakeholder confidence. The successful launch of our premium project Cloverdale SPR in Sector 71, located on Southern Peripheral Road, contributed meaningfully to this quarter’s performance. With several new project launches planned in the coming quarters, we are well-positioned to sustain this growth trajectory and further strengthen our market presence.”
