Signature Global Eyes Rs 5,000 Cr Revenue Boost

Gurugram-based Signature Global Ltd. is setting an aggressive target to nearly double its operational revenue to Rs 5,000 crore in the current fiscal year, driven by improved project execution. Last fiscal year, income from operations saw a slight rise to Rs 2,595.86 crore. Construction delays caused by air pollution restrictions in the Delhi-NCR region had previously impacted project completion and revenue recognition.

The real estate firm is bullish on India's housing market and plans to invest approximately Rs 3,500 crore this fiscal year. This investment will be allocated towards land acquisition, with Rs 1,000-1,500 crore planned for FY27, and construction activities, for which Rs 2,000 crore is budgeted. Signature Global also aims for a 21% growth in sales bookings, reaching Rs 10,000 crore, supported by a strong project launch pipeline.

Diversifying its business, the company recently entered the commercial real estate sector in partnership with RMZ group. In the last fiscal year, Signature Global reported a substantial increase in consolidated net profit to Rs 1,094.64 crore from Rs 101.2 crore in the preceding year. Despite a 20% dip in sales bookings to Rs 8,250 crore in FY26, the average sales realization per square foot increased.