Signature Global Q2 revenue rises 148 per cent to Rs 8.2 billion
13 Nov 2026 CW Team
Signature Global reported a 148 per cent Y-O-Y increase in revenue from operations to Rs 8.2 billion in Q2FY27, compared with Rs 3.3 billion in the corresponding quarter of the previous fiscal. The real estate developer also reported a profit after tax (PAT) of Rs 700 million, against a loss of Rs 500 million in Q2FY26.
Pre-sales stood at Rs 18.3 billion during the quarter, while collections increased 9 per cent year-on-year to Rs 10.1 billion from Rs 9.3 billion in Q2FY26. The company attributed its performance to demand for its projects and execution.
Average sales realisation increased 12.3 per cent to Rs 17,122 per sq ft in Q2FY27, compared with Rs 15,250 per sq ft in FY26. The company attributed the improvement to the launch of Tonino Lamborghini Residences on Southern Peripheral Road (SPR), Sector 71, Gurugram.
Its adjusted gross profit margin increased to 36 per cent in Q2FY27 from 35 per cent in the corresponding quarter last year. Adjusted EBITDA margin also improved to 18 per cent, compared with a negative 7 per cent in Q2FY26, supported by higher revenue recognition, margin expansion and operating efficiencies.
For H1FY27, revenue from operations rose 14 per cent year-on-year to Rs 13.7 billion from Rs 12 billion. The company reported a PAT of Rs 500 million, compared with a loss of Rs 100 million in H1FY26. Its adjusted gross profit margin stood at 31 per cent, against 29 per cent a year earlier, while adjusted EBITDA margin increased to 13 per cent from 6 per cent.
At the end of H1FY27, Signature Global reported net debt of Rs 4.5 billion, compared with Rs 2 billion at the end of FY26. Cash and bank balances, including fixed deposits, stood at Rs 24.2 billion.
Land acquisitions strengthen development pipeline
During H1FY27, the company added 194.22 acres in Farrukhnagar, Gurugram, through acquisitions and collaborations, with a development potential of approximately 6.77 million sq ft. This marked its entry into the micro-market.
It also added development potential of 0.38 million sq ft in Sector 37D along Dwarka Expressway, previously under a collaboration arrangement, 0.10 million sq ft in Sector 71 along the SPR corridor and 2.70 million sq ft in Sohna. These additions are expected to support its future project pipeline.
Commenting on the performance, Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, Signature Global, said the first half of the fiscal reflected the strength of the company's business model and continued homebuyer confidence. He said demand for quality housing in Gurugram remained healthy, while launches such as Tonino Lamborghini Residences had supported higher sales realisations and strengthened the company's positioning in the premium segment.
Aggarwal added that the company would continue to expand its land bank, deliver homes on time and pursue growth opportunities while maintaining its liquidity position.