Signature Global (BSE: 543990 | NSE: SIGNATURE), a leading real estate developer in Delhi-NCR, announced a remarkable 386% year-on-year rise in profit after tax (PAT), reaching INR 0.34 billion in Q1 FY26, compared to INR 0.07 billion in Q1 FY25. The growth was fueled by a sharp 118% increase in revenue recognition, which climbed to INR 8.7 billion from INR 4.0 billion in the same quarter last year, supported by higher project completions.
Till Q1 FY26, the company has delivered a cumulative 15.7 million sq. ft. of real estate development. Pre-sales stood at INR 26.4 billion compared to INR 31.2 billion in Q1 FY25, while average sales realization rose significantly to INR 16,296 per sq. ft. from INR 12,457 per sq. ft. in FY25. The premium residential launch Cloverdale SPR at Southern Peripheral Road, Gurugram, played a key role in boosting realization. Collections for the quarter were INR 9.3 billion against INR 12.1 billion last year, with net debt stable at INR 8.9 billion.
On profitability, Signature Global posted an adjusted gross profit margin of 27% in Q1 FY26 versus 28% in Q1 FY25. Adjusted EBITDA margin was 12% compared to 13% in the previous year.
Furthering its long-term growth strategy, the company acquired 9.96 acres of land in Sohna during Q1 FY26, with a development potential of around 0.53 million sq. ft.
Commenting on the performance, Mr. 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.”
