Signature Global Records Impressive Financial Surge in H1FY25: Revenue and Pre-Sales Reach New Highs
Signature Global, a prominent player in India’s real estate landscape, has reported a remarkable financial performance for the first half of the fiscal year 2025 (H1FY25), achieving significant growth in pre-sales, revenue, and collections.
Unprecedented Growth in Pre-Sales and Revenue
Signature Global’s pre-sales reached a striking INR 59.0 billion in H1FY25, marking a year-on-year growth of 217%. This increase was further bolstered by strong Q2FY25 performance, with pre-sales rising by 184% YoY to INR 27.8 billion. The company attributes this growth to the highly successful launch of its group housing project, Titanium SPR, valued at INR 30 billion, and the township project, DAXIN Vistas, along the Sohna Corridor, worth INR 23 billion.
Revenue saw an equally impressive surge, climbing by 342% YoY to INR 11.5 billion for H1FY25. The second quarter alone contributed a record INR 7.5 billion, representing a 650% increase from Q2FY24, as Signature Global completed key projects, adding substantial value to its profit and loss statements.
Collection Growth and Debt Reduction Signal Strong Financial Health
In addition to pre-sales and revenue gains, Signature Global’s collections rose by 60% YoY to INR 21.3 billion for H1FY25, with Q2FY25 collections alone totaling INR 9.2 billion, a 28% YoY increase. This consistent cash flow is helping the company strengthen its financial foundation. Net debt was reduced from INR 11.6 billion at the close of FY24 to INR 10.1 billion by the end of H1FY25, highlighting Signature Global’s commitment to maintaining a healthy balance sheet.
Operational Highlights: Q2FY25 Results
Revenue from Operations: INR 7.5 billion in Q2FY25, a 650% YoY increase.
Consolidated Profit (Loss) after Tax: Profit of INR 0.04 billion in Q2FY25, an improvement from a loss of INR 0.20 billion in Q2FY24.
Adjusted EBITDA Margin: Increased from 2% in Q2FY24 to 10% in Q2FY25, signaling enhanced operational efficiency.
Leadership Perspective on Growth and Future Strategy
Commenting on the strong performance, Signature Global’s Chairman and Whole-Time Director, Mr. Pradeep Kumar Aggarwal, stated:
“The real estate market in Delhi NCR, particularly in Gurugram, continues to showcase strong fundamentals, backed by resilient demand, positive market sentiment, and major infrastructure advancements. The enthusiastic response to our recent launches underscores the growing appetite for well-planned housing communities. Moving forward, our focus remains on improving operational efficiency, fortifying our financial base, and delivering sustained value to stakeholders. Gurugram’s expanding infrastructure and urbanization across NCR present promising opportunities for developers who are committed to quality and disciplined financial management.”
Outlook
With a track record of exceptional growth and a disciplined approach to financial management, Signature Global is well-positioned to capitalize on the increasing demand for real estate in the Delhi NCR region. As infrastructure and urbanization progress, the company is poised to meet evolving housing needs with a keen eye on operational excellence and stakeholder value.