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

Executive summary

• Achieved sales bookings of INR 46.6 billion 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.

• Raised INR 8.75 billion via IFC-subscribed NCDs, marking the first listed debt transaction for the company, to fund mid-income and ESG-aligned housing projects and reduce debt.

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

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

Financial highlights

• Revenue recognition for H1 FY2026 stood at INR 12 billion, with gross profit margin at 29%, up from 23% YoY.

• Adjusted EBITDA stood at INR 0.8 billion (6.4% margin); PAT was INR (0.1) billion for H1 FY2026.

• Total collections in H1 were INR 18.6 billion, with 47% allocated to construction and free cash of INR 4 billion used for land and approvals.

• Net debt increased to INR 9.7 billion as of Sep 30, 2025, from INR 8.8 billion in Mar 2025.

• 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

• On track to meet FY2026 guidance: INR 125 billion pre-sales, INR 48 billion revenue recognition, INR 170 billion launches, and INR 60 billion collections.

• H2 will see launches of nearly 8 million sq ft, expected to drive strong sales and cash flows.

• Estimated revenue recognition of INR 105 billion from ongoing projects over the next 5-6 quarters.

• Construction spend for H2 projected at INR 1,000-1,100 crore, with operating cash surplus expected to rise.