Brokerage firms ICICI Securities, Axis Capital, and Nuvama have reiterated a ‘BUY’ rating on Signature Global (India), highlighting the company’s robust business momentum and long-term growth prospects.

ICICI Securities has set a target price of Rs 1,786, Axis Capital at Rs 1,780, and Nuvama at Rs 1,376, indicating a potential upside of up to 75 per cent from the current levels. Signature Global’s stock opened at Rs 1,029.90 on 11 November 2025.

During H1FY26, the company reported strong pre-sales of Rs 46.6 billion, revenue of Rs 12 billion, and collections of Rs 18.7 billion. Collections are expected to rise in H2FY26 as construction milestones are achieved across high-value projects in Gurugram.

ICICI Securities noted that Signature Global has delivered a 57 per cent sales CAGR during FY21–25, primarily through affordable and mid-income housing. With a launch pipeline exceeding Rs 450 billion in GDV for FY25–28E, sales bookings are projected to reach Rs 119 billion in FY26, Rs 127 billion in FY27, and Rs 139 billion in FY28.

Axis Capital expects a 74 per cent upside, supported by a strong launch pipeline of over Rs 130 billion for the second half of the fiscal year. It added that “construction of new projects is expected to pick up, driving collections and operating cash flow.”

Nuvama said, “Despite being a relatively new entrant, Signature Global has emerged as one of the largest developers in the Gurugram housing market in terms of sales bookings.” The firm also noted that Signature Global’s land acquisition costs average just 10–15 per cent of selling price, enhancing profitability.