Signatureglobal (India) (SIGNATURE) Q1 26/27 earnings summary

Executive summary

• Strong demand in India's housing market, especially in Gurugram, driven by macroeconomic stability, infrastructure growth, and supportive policies.

• Entered branded residence segment via collaboration with Lamborghini, with over 300 units sold and highest ever price above INR 22,000 per sq ft.

• Operational progress marked by healthy demand, improved sales realization, and efficient project execution, despite a net loss in Q1 FY27.

• Strategic joint ventures with RMZ Group and Millennia Realtors for large-scale commercial and mixed-use projects in Gurugram.

• Board approved re-appointment of three Independent Directors and appointed new Cost Auditor for FY 2026-27.

Financial highlights

• Achieved pre-sales of INR 19.7 billion in Q1 FY27, representing about 20% of annual sales guidance, with per square foot realization at INR 17,093.

• Q1 FY27 consolidated revenue from operations was INR 5.52 billion, with a net loss of INR 165.29 million and negative operating margin.

• Collections for the quarter were INR 6.7 billion, expected to accelerate as project milestones are achieved.

• Adjusted gross profit was INR 1.3 billion (23.7% margin), and adjusted EBITDA was INR 0.3 billion (6.3% margin).

• Standalone revenue for Q1 FY27 was INR 2.25 billion, with a net loss of INR 254.67 million.

Outlook and guidance

• Confident in achieving annual new launch guidance of INR 150 billion, with major launches planned for Q3 and Q4.

• FY27 pre-sales guidance set at INR 100 billion, with a strong launch pipeline and market demand.

• Revenue recognition expected to exceed INR 50 billion for the year, with strong PAT anticipated from project completions.

• Focus remains on timely delivery, financial discipline, and value creation.

• No explicit forward-looking guidance provided in statutory filings, but ongoing project and JV activity indicate continued focus on real estate.