Signatureglobal (India) (SIGNATURE) Q4 24/25 earnings summary

Executive summary

• Achieved record pre-sales of INR 102.9 billion in FY25, up 42% year-over-year, surpassing guidance, with over 4,100 units sold and a 34% rise in sales volume to 8.3 million sq ft.

• Revenue from operations doubled to INR 25 billion in FY25, a 102% year-over-year increase.

• PAT surged 531% to INR 1.01 billion in FY25 from INR 0.16 billion in FY24, with PAT margin rising to 4.1% from 1.3%.

• Focus remains on premium and mid-income housing in Gurugram and Sohna, with strong demand and limited competition in the mid-income segment.

• Recognized for sustainability, with all projects EDGE or IGBC certified and a focus on green building initiatives.

Financial highlights

• Annual collections reached INR 43.8 billion, up 41% year-over-year; operating cash surplus rose 79% to INR 16.3 billion.

• Adjusted gross profit margin improved to 31% (from 28%), and adjusted EBITDA margin to 14% (from 11%).

• Average sales realization increased to INR 12,457 per sq ft from INR 11,762.

• Net debt reduced to INR 8.8 billion from INR 11.6 billion, despite significant land investments.

• Basic and diluted EPS for FY25 stood at Rs. 7.19 (consolidated) and Rs. 4.45 (standalone), up from Rs. 1.22 and Rs. 1.67 in FY24, respectively.

Outlook and guidance

• Targeting pre-sales growth of 20%+ annually, aiming for INR 125 billion in FY26, with launches of INR 170 billion and collections of INR 60 billion (35% growth).

• Operating surplus as a percentage of collections expected to approach or exceed 40%.

• Focus on timely project completions and higher revenue recognition.

• Net debt to operating cash flow will be capped at 0.5x.

• Management anticipates double-digit growth in the current financial year, supported by robust residential real estate demand.