Axis Securities has issued a ‘Buy’ recommendation on Signature Global (India) Ltd., projecting a target price of ₹1,330 over the next 6–9 months. The forecast implies a potential 10% gain over the stock’s closing price of ₹1,229.75 on June 2, 2025.
Signature Global, a leading real estate player in the Delhi-NCR region, has strategically transitioned from primarily affordable and mid-income housing to a focus on mid and premium residential segments — a shift that has yielded strong results, according to the brokerage’s report.
Strong Financial and Operational Performance in FY25
The company recorded pre-sales of ₹10,290 crore in FY25, exceeding its own guidance of ₹10,000 crore and registering a 42% year-on-year growth. During the same period, Signature Global launched new projects with a Gross Development Value (GDV) of ₹13,800 crore, adding approximately 8 million sq. ft. to its portfolio.
The firm also witnessed a notable rise in average unit prices, reaching around ₹2.5 crore, reflecting its successful repositioning in the premium segment. This strategic pivot supported robust demand across its offerings.
Revenue from operations stood at ₹2,500 crore, reflecting a 102% increase over the previous fiscal. Net profit also surged to ₹101 crore, a sharp rise from ₹16 crore in FY24 — a growth of 531% — underlining both margin expansion and operational leverage.
Expansion Pipeline for FY26
Signature Global has lined up project launches worth ₹17,000 crore in FY26, marking a 23% annual increase. Of this, ₹10,000–11,000 crore is scheduled for rollout in the first half of the fiscal year. Key upcoming launches include Phase 2 of the Titanium project in Sector 71 and Deluxe-DXP in Sector 37D, both located in Gurugram.
To support its expansion, the company has invested ₹1,060 crore in business development, acquiring land parcels totaling 8 million sq. ft., with an associated GDV of ₹12,500 crore.
Strategic Focus and Market Outlook
The report highlights Signature Global’s continued emphasis on key high-growth corridors including the Southern Peripheral Road, Dwarka Expressway, and Sohna Corridor — areas witnessing sustained demand and price appreciation.
Axis Securities notes that the company’s low-cost land acquisition strategy, coupled with its shift to premium housing, is helping consolidate market share and maintain robust operating cash flows. The Gurugram market, in particular, has been a growth driver, supported by rising real estate prices and strong absorption.
In light of these factors, Axis Securities remains optimistic about Signature Global’s trajectory, expecting sustained performance driven by strategic launches, targeted land acquisition, and strengthening brand equity in the premium residential space.
