SignatureGlobal India Ltd Share Price – NSE  / BSE

Realty, Small Cap

SignatureGlobal India Ltd lost 1.11% today to trade at Rs 1349.3. The BSE Realty index is down 0.5% to quote at 8192.99. The index is down 0.22 % over last one month. Among the other constituents of the index, Prestige Estates Projects Ltd decreased 0.48% and Oberoi Realty Ltd lost 0.31% on the day. The BSE Realty index went up 33.28 % over last one year compared to the 8.69% surge in benchmark SENSEX.

SignatureGlobal India Ltd has lost 0.01% over last one month compared to 0.22% fall in BSE Realty index and 2.63% drop in the SENSEX. On the BSE, 139 shares were traded in the counter so far compared with average daily volumes of 40274 shares in the past one month. The stock hit a record high of Rs 1645.85 on 26 Sep 2024. The stock hit a 52-week low of Rs 880.95 on 01 Jan 2024.

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Net profit of SignatureGlobal India reported to Rs 4.11 crore in the quarter ended September 2024 as against net loss of Rs 19.94 crore during the previous quarter ended September 2023. Sales rose 660.47% to Rs 749.29 crore in the quarter ended September 2024 as against Rs 98.53 crore during the previous quarter ended September 2023.

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SignatureGlobal India will hold a meeting of the Board of Directors of the Company on 8 November 2024

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Sequentially, the company’s pre-sales declined by 11% from Rs 3,120 crore posted in Q1 FY25.

The company’s sale bookings surged to 2.38 million square feet (mn. sq. ft.) in second quarter of FY25 from 0.98 mn. sq. ft. in Q2 FY24 and 2.03 mn. sq. ft. in Q1 FY25.

The collections amount stood at Rs 920 crore as on 30 September 2024, (up 28% YoY but down 24% QoQ).

Net debt stood at Rs 1,020 crore as on 30 September 2024.

On half year basis, company’s sales realization for first half of FY25 was at Rs 13,379 per sq. ft. as compared with Rs 11,762 per sq. ft. posted in same period a year ago.

Pradeep Kumar Aggarwal, chairman & whole time director, said “We feel both humbled and elated by our operational growth, which is the result of our team's commitment to efficiency and thoughtful expansion. We're also excited about how our investments in innovation are making us stronger. As we move forward, we’re confident in maintaining this momentum and building on our shared achievements.

Our resilience in the face of market fluctuations underscores the strength of our business model and our ability to adapt to evolving industry dynamics. As we scale new heights, we remain dedicated to enhancing shareholder value and driving sustainable growth. Our focus on premium and mid-housing projects, strategic land acquisitions, and the introduction of new customer-centric initiatives will ensure we stay ahead of the curve. We are well-positioned to seize emerging opportunities and further reinforce Signature Global’s leadership in the sector.”

Signature Global is a publicly-held real estate development company in India. It was established in 2014 and is headquartered in Gurgaon, Delhi. It operates in the residential and commercial sectors and has developed projects in Delhi-NCR region.

The company reported consolidated net profit of Rs 6.77 crore in Q1 FY25 as compared with net loss of Rs 7.22 crore posted in Q1 FY24. Net sales stood at Rs 400.61 crore in Q1 FY25, zoomed 141.5% year on year.

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