Pre-sales grows to INR 102.9 billion in FY25 vs INR 72.7 billion in FY24, registering 42% growth
· Collections jump by 41% Y-o-Y to INR 43.8 billion in FY25
· FY25 revenue jumps by 102% to INR 25 billion
· Improvement in Adjusted Gross Profit margin to 30.6% for FY25 vs 27.6% for FY24
· Improvement in Adjusted EBITDA margin 14.4% for FY25 vs 10.8% for FY24
· Net debt reduced significantly to INR 8.8 billion at the end of FY25 vis-a-vis INR 11.6 billion in FY24
New Delhi, May 16th, 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 addition to this, there is a significant reduction in net debt to INR 8.8 billion at the end of FY25 compared to INR 11.6 billion in FY24. The net debt stands reduced despite the significant investment in Business development, primarily on the back of strong operating cashflows during the year.
The company registered revenue from operations of INR 25 billion during FY25 as compared to INR 12.41 billion, with year-on-year growth of 102%. The increase in revenue recognition is on account of receipt of Occupation certificates (OC) for more projects during the year.
The company’s PAT has increased by 531% to INR 1.01 billion in FY25 from PAT of INR 0.16 billion in FY24. Overall, the company has shown strength in the margin portfolio with adj. Gross profit margin improving to 31% from 28% in FY24, adj EBITDA margin improving to 14% in FY25 from 11% in FY24 and similar improvement in PAT margin to 4.1% from 1.3%. The company has recorded a positive PAT of INR 1.0 billion for the year.
The company’s average sales realization also improved to INR 12,457 per sq. ft. in FY25 from INR 11,762 in FY24.
Commenting on the company’s performance, Mr. Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, said: “The fiscal year 2024-25 has proven to be exceptionally successful across all facets of our business operations, including pre-sales, revenue, collections, and profit after tax. We have exceeded the annual targets we established for ourselves, which reflects the ongoing confidence that our stakeholders—homebuyers, channel partners, contractors, and investors—place in us. Our strategic emphasis on premium and mid-income segments, coupled with our capacity to anticipate market trends, has facilitated significant growth. Both pre-sales and collections would have been even higher had we received timely approval for the project launched which was scheduled for Q4FY25, but got pushed out to current quarter. As the residential real estate sector in the country remains robust, we are optimistic about achieving double-digit growth in the current financial year. Furthermore, we are dedicated to constructing quality homes and realizing the aspirations of millions.”
FINANCIAL HIGHLIGHTS (INR Billion)
Particulars | Q4FY25 | Q4FY24 | YoY (% change) | FY25 | FY24 | YoY (%) |
Consolidated Profit / (Loss) after Tax | 0.61 | 0.41 | 49% | 1.01 | 0.16 | 531% |
Collections | 11.7 | 10.1 | 16% | 43.8 | 31.1 | 41% |
Net Debt |
| 8.8 | 11.6 |
| ||
Adjusted Gross Profit Margin | 45% | 25% | - | 31% | 28% | - |
Adjusted EBITDA Margin | 25% | 13% | - | 14% | 11% | - |
Project Highlights
During FY25, the company has launched five new projects including ‘Titanium SPR’ and ‘Twin Tower DXP,’ premium group housing projects in Gurugram; ‘Daxin Vistas,’ a mid-income housing project in Sohna; and ‘City of Colors,’ a plotted development project, strategically located on NH-48 in strategic micro-markets. These projects have a combined gross development value (GDV) of approximately INR 138.1 billion. The company also acquired approximately 48 acres of land including 22.06 acres which were earlier under JDA, for Rs 1,070 crore in Gurugram during the last fiscal to develop residential projects over the next few years. The development potential of land is approximately 7.97 million sq ft.
About Signature Global (India) Ltd:
Signature Global, a leading real estate development company in India, is reshaping the housing market in northern India. Initially established as a key player in affordable housing, the company is now broadening its scope by focusing towards the premium and mid-housing segment, with a strong emphasis on quality execution, value creation, reliability, and adherence to global standards. The company has delivered 13.5 million sq. ft. of housing area and has a strong pipeline of approximately 21.6 million sq. ft. of saleable area in upcoming projects, along with 46.38 million sq. ft. of ongoing projects, targeted for completion within the next 2-3 years. Supported by prominent investors like Nomura, HDFC, IFC, Standard Chartered, Bandhan MF, and Kotak, Signature Global upholds high standards of corporate governance. The company employs a disciplined land acquisition strategy, typically launching projects within 18 months of acquisition. In FY24, Signature Global achieved sales bookings of 72.7 billion and reported a sales CAGR of 62% from FY21 to FY24.
Disclaimer:
The statements, are as on date and may contain forward-looking statements like the words “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”, “project”, “will”, “may”, “targeting” and similar expressions regarding the financial position, business strategy, plans, targets and objectives of the Company. Such forward-looking statements involve known and unknown risks which may cause actual results, performance or achievements to be materially different from results or achievements expressed or implied. The risks and uncertainties interalia, relating to these statements include (i) cash flow projections, (ii) industry and market conditions; (iii) ability to manage growth; (iv) competition; (v) government policies and regulations; (vi) obtaining regulatory approvals; (vii) domestic & international economic conditions such as interest rate & currency exchange fluctuations; (viii) political, economic, legal and social conditions in India/ elsewhere; (ix) technological advances; (x) claims and concerns about product safety and efficacy; (xi) domestic and foreign healthcare reforms; (xii) Inability to build production capacity; (xiii) unavailability of raw materials and failure to gain market acceptance. The Company shall not have any responsibility or liability whatsoever for any loss howsoever arising from this presentation or its contents or otherwise arising in connection therewith.
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