Signatureglobal (India) (SIGNATURE) Q2 25/26 earnings summary

Executive summary

• Achieved INR 46.6 billion in sales in H1 FY2026, with a 58% CAGR in sales from FY22-25 and strong momentum in premium and mid-income housing segments.

• Board approved unaudited consolidated and standalone financial results for the quarter and half year ended 30 September 2025, with statutory auditor review completed.

• Ongoing and forthcoming project pipeline totals ~55 million sq ft, supporting sustainable growth.

• Sustainability and ESG remain central, highlighted by a $100 million IFC investment via NCDs to fund mid-income and ESG-aligned housing.

• Maintained strong brand presence, robust distribution network, and digital sales channels.

Financial highlights

• Revenue recognition for H1 FY2026 stood at INR 12 billion, with a 6% year-over-year growth.

• Gross profit margin improved to 29% in H1 FY2026 from 23% in the prior year period.

• EBITDA margin declined due to lower revenue recognition but expected to recover in H2; adjusted EBITDA stood at INR 0.8 billion (6.4% margin).

• Net debt stands at INR 9.7 billion as of Sep 30, 2025, expected to reduce to zero in 12-15 months.

• Consolidated Q2 FY26 revenue was Rs 3,384.92 million, with a net loss of Rs 468.61 million; H1 FY26 net profit was Rs 344.35 million.

Outlook and guidance

• FY2026 guidance: INR 125 billion pre-sales, INR 48 billion revenue recognition, INR 170 billion launches, INR 60 billion collections.

• On track to meet FY26 pre-sales guidance, with 75% of full-year launches planned for H2 and estimated revenue recognition of INR 105 billion from ongoing projects over the next 5-6 quarters.

• Launch pipeline of 8 million sq ft in H2, with GDP potential of INR 130-140 billion.

• No immediate plans for geographic diversification outside NCR.