Signatureglobal (India) (SIGNATURE) Q3 25/26 earnings summary

Executive summary

• Strong performance in the first nine months of FY 2026, with robust launches and sales in the Delhi NCR region, especially Gurugram, amid a supportive macroeconomic and policy environment.

• Achieved sales of INR 66.8 bn and sold 4.41 mn sqft in 9M'FY26, with a 58% CAGR in sales from FY22–FY25.

• Focused on premium and mid-income housing, customer satisfaction, and timely project execution, with advanced earthquake safety technology adopted for high-rise projects.

• Recognized for sustainability, with all projects Edge or IGBC certified and a GRESB score of 84.

• Unaudited consolidated and standalone financial results for the quarter and nine months ended 31 December 2025 were approved and reviewed by the Board and auditors.

Financial highlights

• Nine-month sales reached INR 67 billion, with Q3 sales at INR 20.1 billion; 1,700 units sold at an average price of INR 38 million per unit.

• Revenue recognized at INR 14.9 bn in 9M'FY26, with mid-income housing contributing 73% and affordable housing 27%.

• Adjusted gross profit margin improved to 31% for nine months and 40% in Q3, supported by mid-income projects.

• PAT for 9M'FY26 was INR (0.6) bn, impacted by project completion timing.

• Consolidated revenue from operations for the quarter was Rs. 2,844.38 million, with a consolidated net loss of Rs. 453.38 million.

Outlook and guidance

• Launches for FY 2026 expected to exceed INR 150 billion in GDV, with guidance initially set at INR 170 billion.

• Management expects to close the gap between actuals and guidance by year-end, with strong Q4 completions and collections anticipated.

• Pre-sales guidance adjusted to focus on sustaining last year's sales levels amid a softer market.

• Estimated revenue recognition of INR 104 bn from ongoing projects over the next 5–6 quarters.

• The impact of new Indian labour codes notified in November 2025 is assessed as not material, with ongoing monitoring for further regulatory clarifications.