Financial Performance Highlights
Q2FY27 Results (Quarter Ended September 30, 2026)
- Revenue from operations: ₹8.2 billion, representing 148% year-on-year growth from ₹3.3 billion in Q2FY26
- Quarter-on-quarter revenue growth: 49% from ₹5.5 billion in Q1FY27
- Profit after tax: ₹0.7 billion, a significant improvement from loss of ₹0.5 billion in Q2FY26
- Adjusted gross profit margin: 36%, up from 35% in Q2FY26
- Adjusted EBITDA margin: 18%, dramatically improved from negative 7% in Q2FY26
- Average sales realization: ₹17,122 per sq. ft., increased from ₹15,250 per sq. ft. in FY26 (12.3% increase)
H1FY27 Results (Half Year Ended September 30, 2026)
- Revenue from operations: ₹13.7 billion, representing 14% year-on-year growth from ₹12.0 billion in H1FY26
- Profit after tax: ₹0.5 billion, improved from loss of ₹0.1 billion in H1FY26
- Adjusted gross profit margin: 31%, up from 29% in H1FY26
- Adjusted EBITDA margin: 13%, improved from 6% in H1FY26
Operational Metrics
- Pre-sales: ₹18.3 billion in Q2FY27
- Collections: ₹10.1 billion in Q2FY27, representing 9% year-on-year growth from ₹9.3 billion in Q2FY26
- Net debt: ₹4.5 billion at H1FY27 end, increased from ₹2.0 billion at FY26 end
- Cash and bank balances (including fixed deposits): ₹24.2 billion at H1FY27 end
Strategic Developments and Land Bank Expansion
Land Acquisition and Development Potential
During H1FY27, the company significantly expanded its land bank:
- Added 194.22 acres of land in Farrukhnagar, Gurugram, through acquisitions and collaborations
- Development potential of approximately 6.77 million sq. ft. in Farrukhnagar
- Acquired 0.38 million sq. ft. in Sector 37D, Dwarka Expressway (previously under collaboration arrangement)
- Added 0.10 million sq. ft. in Sector 71 on the SPR corridor
- Acquired 2.70 million sq. ft. in Sohna
Project Pipeline Status (as of Q2FY27)
- Successfully delivered: 19.9 million sq. ft.
- Recently launched projects: 23.2 million sq. ft.
- Forthcoming developments: 27.3 million sq. ft.
- Ongoing construction: 9.2 million sq. ft. (5.1 million sq. ft. under construction and 4.1 million sq. ft. with OC received)
- Execution timeline: All projects slated for completion over next 2-3 years
Market Position
- Market share: 13% in National Capital Region (NCR) and 20% in Gurugram within price range of ₹20 million to ₹50 million
- Strategic focus: Evolved from affordable housing to mid and premium housing categories
Management Commentary
Mr. Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, stated: "Our performance during the first half of the current fiscal reflects the strength of our business model and the trust homebuyers continue to place in the Signature Global brand. Demand for quality housing in Gurugram remains healthy, and our well-planned launches, including the premium Tonino Lamborghini Residences, have been received very positively by the market. This has helped us improve our realizations and strengthen our brand positioning in the premium segment. We have also continued to build our land bank in Farrukhnagar, which gives us a strong pipeline for future launches. Our balance sheet remains robust, with a comfortable liquidity position that allows us to pursue growth opportunities with confidence."
Comparative Financial Performance Table
| Particulars (₹ Billion) | Q2FY27 | Q2FY26 | Q1FY27 | YoY (%) | QoQ | H1FY27 | H1FY26 | YoY (%) | FY26 |
| Revenue from operation | 8.2 | 3.3 | 5.5 | 148% | 49% | 13.7 | 12.0 | 14% | 26.0 |
| Profit/(Loss) after Tax | 0.7 | (0.5) | (0.2) | - | - | 0.5 | (0.1) | - | 10.9 |
| Adjusted gross profit margin | 36% | 35% | 24% | - | - | 31% | 29% | - | 30% |
| Adjusted EBITDA margin | 18% | (7%) | 6% | - | - | 13% | 6% | - | 9% |
| Net Debt | 4.5 | | | | | 4.5 | | | 2.0 |