Tag: Signature Global

New Delhi, August, 2025.Brokerage firms Axis Capital,ICICI securities and Motilal Oswal have recommended ‘BUY’ on Signature Global (India) Ltd., following the company’s robust performance in the first quarter of current financial year.Axis Capital has maintained a Buy rating with a target price of Rs. 1,780, while Motilal Oswal and ICICI Securities have set target prices of Rs. 1,760 and Rs. 1,742 respectively, indicating a potential upside of up to 60% in the stock price.Signature Global’s stock opened at Rs. 1,147.80 per share on August 11, 2025, in early trading hours.During the first quarter of the current fiscal, the company’s revenue more than doubled year-on-year to Rs. 870 crore, driven by the delivery of 1.4 million sq ft, while Profit After Tax surged five-fold to...

New Delhi, August 2025.Signature Global (India) Ltd., one of India’s leading real estate companies, today announced that it has received a CARE A+ rating from credit rating agency CareEdge Ratings for its proposed long-term Non-Convertible Debenture (NCD) issue amounting to ₹875 crore. The company will utilise the NCD to refinance existing debt and support the company’s ongoing business expansion.The rating signifies a Stable outlook and reflects the belief that Signature Global is likely to sustain its strong sales and collection momentum from its ongoing projects.The company’s experience in the real estate industry, accompanied by a strong track record of having developed more than 146 lakh square feet of residential and commercial space, has played an important role in CareE...

New Delhi, May 2025.Signature Global (BSE: 543990 | NSE: SIGNATURE), a leading real estate developer in India, today announced its highest-ever annual pre-sales of INR 102.9 billion in FY25, registering a robust 42% year-on-year growth, and surpassing its pre-sales guidance. A host of factors including robust demand from the residential segment in NCR, strong customer confidence, timely execution, and successful new launches in Gurugram and adjoining markets contributed to the record pre-sales numbers.The impressive pre-sales contributed to the company attaining a record annual collection of INR 43.8 billion, reflecting a 41% year-over-year growth. The company has also shown a growth of 79% in the operating cash surplus to INR 16.3 billion in FY25 from INR 9.1 billion in FY24. In a...

New Delhi, April 2025.Signature Global (BSE: 543990|NSE: SIGNATURE), a leading real estate developer in India, has announced its highest-ever annual pre-sales of INR 102.9 billion in FY25, registering a robust 42% year-on-year growth, and surpassing its pre-sales guidance. The company also achieved record annual collections of INR 43.8 billion, marking a 41% YoY increase, driven by strong customer confidence, timely execution, and successful new launches in Gurugram and adjoining markets.The stellar performance was underpinned by the launch of five new projects including ‘Daxin Vistas,’ a mid-income housing project in Sohna; ‘Titanium SPR’ and ‘Twin Tower DXP,’ premium group housing projects in Gurugram; and ‘City of Colors,’ a plotted development project, strategically located on ...

New Delhi, March 2025.Brokerage firm Nuvama has recommended buying shares of Signature Global (India) Ltd, setting a target price of ₹1,436, which is 35% higher than the current market price. As of market closing on March 17, 2025, the stock was trading at ₹1,062.95 per share.Strong Market Position & Growth MomentumSignature Global has established itself as one of the largest real estate developers in NCR within just a decade. It started with affordable housing, gaining recognition for fast project launches and timely deliveries. Post-COVID, the company successfully shifted to premium housing, leading to 7.6 times rise in sales bookings over FY21–9MFY25.With robust cash flows and low working capital needs, Signature Global is on track to achieve net cash status. Additio...

Jaipur, January 03, 2025.The leading brokerage firm Motilal Oswal remains positive on Signature Global (India) Ltd. and has reiterated its BUY call on the company’s stock with a target price of ₹2,000 per share, indicating a potential upside of 50%.The company’s shares were trading at ₹1,354.25, up 2.42% at the close of trading on January 1, 2025. The total market cap stands at ₹19,489.54 crore.Brokerage Firm RecommendationsThe brokerage noted that Signature Global, with its strong presence in strategic locations inGurugram, is on track to capitalize on the ongoing demand, guided by a strong projectpipeline of 24.3msf.The brokerage firm noted that, with a projected 35% CAGR growth in pre-sales over FY24-27, the company is set to cumulatively collect ₹28,500 crore. Its s...

New Delhi, December 2024.Realty firm Signature Global is targeting to deliver 16 million square feet area to its customers by March 2026, helping the company recognise around Rs 10,000 crore revenue in the books of accounts.Signature Global is one of the leading real estate companies in the country. It has a significant presence in Gurugram.Signature Global Chairman Pradeep Aggarwal stated that the company has projected revenue recognition of Rs 3,800 crore for the current fiscal year.He mentioned that the company has already recorded revenue of Rs 1,200 crore in the first half of this fiscal and expressed confidence in comfortably achieving the Rs 3,800 crore target."We are targeting to deliver around 16 million square feet area to customers by end of the next 2025-26 ...

New Delhi, November 2024.Signature Global (India) Ltd., one of the country's leading real estate developers, has sold Rs 2,300 crore of properties at one of its recently launched projects – Daxin Vistas – in just ten days, the company has informed investors during earning calls post its Q2FY25 results.“In a span of about 10 days between September 20th and September 30th, we crossed about 2,300-odd crore of sales just from that one single project. The project has two key components - mid income housing in form of premium floors wherein we recorded sales in excess of about 1,300 crores in a span of about 10 days,” Mr. Rajat Kathuria, Chief Executive Officer, Signature Global (India) Ltd said during the earning call.“Daxin Vistas also offers Industrial plots. We launched Industria...

New Delhi, November, 2024.Realty firm Signature Global Ltd. is likely to exceed its sales bookings target of Rs 10,000 crore on strong housing demand in Gurugram property market, its Chairman Pradeep Aggarwal said.He highlighted that the company has achieved Rs 5,900 crore worth sales bookings in the first half of this fiscal."We had given a pre-sales (sales bookings) guidance of Rs 10,000 crore for the current fiscal. We were among few listed real estate developers to set such a big target," Aggarwal said.Considering the strong performance in the first six months, he said, "We are quite hopeful of over-achieving of our annual guidance."There is a strong launch pipeline for the second half of this fiscal, he said, adding the inventories in new as well as existing projec...

Jaipur November 15, 2024.The Leading Brokerage firms seem to be bullish on Signature Global (India). Post their (Signature Global) Q2FY25 result announcement, ICICI Securities and Motilal Oswal have given a BUY call on Signature Global stock. While ICICI Securities has maintained BUY call, with the target price of ₹2,007, Motilal Oswal has given a target price of ₹2,000 per share.The shares of the company were trading at 1298.05a piece up 3.41% at the closing hour of 14th November 2024, Thursday. The total market cap stands at 18,238.99 crore.Brokerage Firm RecommendationsMotilal Oswal has kept its BUY rating with a target price of ₹2,000 per share, indicating a 56% upside potential. The brokerage noted Signature Global's strong performance, with pre-sales of ₹27.8...