Signatureglobal targets strong growth with major project launches

Signatureglobal (India) Limited, in its Q2 FY '26 earnings call, revealed plans for launches totaling nearly 8 million square feet in the second half of the year, with a projected Gross Development Value (GDV) of INR13,000 crores to INR14,000 crores. This aggressive launch pipeline is expected to contribute to achieving the annual guidance of INR125 billion in presales and INR48 billion in revenue recognition. The company reported first-half sales of INR46.6 billion, representing 2.45 million square feet at an average price of INR15,700 per square foot, or 1,338 units at an average ticket price of INR3.5 crores per unit.

The company's strategy includes focusing on mid-income and ESG-aligned housing projects. It recently raised INR8.75 billion through non-convertible debentures from the International Finance Corporation to strengthen its balance sheet and support these developments. Management expressed confidence in completing projects worth INR10,000 crores over the next 18-20 months, supported by improved construction efficiency.

Collections for the first half totaled INR18.6 billion. Signatureglobal maintains a strong cash position, with net debt below INR10 billion (INR9.7 billion) and aims to reduce it to zero within the next 12-15 months. The company's overall developable area has a GDV potential exceeding INR650 billion from current and forthcoming projects.