SIGNATURESignatureglobal (India) Ltd.
Signatureglobal (India) Q2 FY27 Results: Consolidated Net Profit ₹66.91 Crore on Total Income of ₹871 Crore
- Earnings
- Real estate
Reviewed byRachit TripathiBlacklitt Research
Signatureglobal (India) (NSE: SIGNATURE) reported consolidated total income of ₹870.70 crore and net profit of ₹66.91 crore for the quarter ended 30 Sep 2026, it said in a filing on 05 Nov 2026. Standalone total income was ₹293.15 crore with a net loss of ₹26.85 crore for the same quarter.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹870.70 crore, up 133.7% YoY and 42.3% QoQ
- Net profit and EPS: ₹66.91 crore; basic EPS ₹4.76, against a loss of ₹46.86 crore a year earlier
- Finance costs: ₹29.74 crore, up 120.8% YoY and 2.1% QoQ
Standalone
The company on its own, without its subsidiaries
- Total income: ₹293.15 crore, down 5.8% YoY and 0.4% QoQ
- Net loss and EPS: Net loss of ₹26.85 crore; basic EPS ₹-1.91, against ₹-1.89 a year earlier
- Finance costs: ₹77.10 crore, up 73.8% YoY, equal to 26.3% of total income
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 870.70 | 372.51 | +133.7% | 611.72 | +42.3% | |
| Revenue from operations | 817.41 | 338.49 | +141.5% | 551.99 | +48.1% |
| Other income | 53.29 | 34.02 | +56.6% | 59.74 | -10.8% |
| 66.91 | -46.86 | n/a | -16.53 | n/a | |
| Profit before tax | 90.26 | -61.60 | n/a | -21.01 | n/a |
| Finance costs | 29.74 | 13.47 | +120.8% | 29.13 | +2.1% |
| Depreciation | 8.63 | 7.77 | +11.0% | 6.89 | +25.3% |
| Tax expense | 23.36 | -14.74 | n/a | -4.48 | n/a |
| Net profit margin | 7.68% | -12.58% | +20.26 pp | -2.70% | +10.39 pp |
| EPS, basic (₹) | 4.76 | -3.34 | n/a | -1.18 | n/a |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated revenue from operations rose 141.5% YoY to ₹817.41 crore, faster than other income, which rose 56.6% to ₹53.29 crore.
Net profit moved from a loss of ₹46.86 crore to a profit of ₹66.91 crore. Profit before tax of ₹90.26 crore is 59.0% covered by other income of ₹53.29 crore, and tax of ₹23.36 crore is 25.9% of profit before tax. Finance costs of ₹29.74 crore are 3.4% of total income, up 120.8% from a year earlier.
The filing says the consolidated figures include a share of loss in joint venture of ₹2.27 million for the quarter, relating to Gurugram Commercity Limited, which became a joint venture effective 30 Mar 2026. The exceptional item for the quarter is shown as nil; the exceptional items of ₹1,267.22 crore appear in the year ended 31 Mar 2026. The reason for the rise in revenue and profit is not stated in the filing.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 293.15 | 311.26 | -5.8% | 294.26 | -0.4% | |
| Revenue from operations | 211.34 | 258.79 | -18.3% | 224.52 | -5.9% |
| Other income | 81.80 | 52.48 | +55.9% | 69.74 | +17.3% |
| -26.85 | -26.52 | -1.3% | -25.47 | -5.4% | |
| Profit before tax | -35.92 | -35.79 | -0.3% | -34.02 | -5.6% |
| Finance costs | 77.10 | 44.37 | +73.8% | 72.43 | +6.5% |
| Depreciation | 5.68 | 3.50 | +62.2% | 3.11 | +82.4% |
| Tax expense | -9.07 | -9.28 | +2.2% | -8.56 | -6.0% |
| Net profit margin | -9.16% | -8.52% | -0.64 pp | -8.65% | -0.50 pp |
| EPS, basic (₹) | -1.91 | -1.89 | -1.1% | -1.81 | -5.5% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone total income fell 5.8% YoY to ₹293.15 crore, as revenue from operations fell 18.3% to ₹211.34 crore while other income rose 55.9% to ₹81.80 crore. Other income is 27.9% of total income this quarter.
The standalone net loss of ₹26.85 crore is 1.3% wider than the loss a year earlier, and finance costs of ₹77.10 crore rose 73.8% YoY. Depreciation rose 62.2% to ₹5.68 crore. Standalone net profit fell 5.4% QoQ while total income fell 0.4%.
Consolidated net profit of ₹66.91 crore is ₹93.76 crore higher than the standalone loss of ₹26.85 crore. Consolidated total income of ₹870.70 crore is ₹577.55 crore higher than standalone total income of ₹293.15 crore, so the two sets of figures differ by a wide margin in both directions.
Inference
The filing says the Holding Company issued 87,500 secured listed NCDs of ₹100,000 each, aggregating ₹8,750.00 million, to International Finance Corporation in the year ended 31 Mar 2026, carrying 11% interest payable quarterly and redeemable in twelve equal quarterly instalments from 15 Apr 2026 to 15 Jan 2029. The NCDs are rated CARE A+ (Stable) and secured by first ranking exclusive charge over specified land and receivables of Signatureglobal Business Park Limited.
The filing gives a market or fair value of the project land of ₹3,568.60 crore as on 30 Sep 2026, against ₹3,659.50 crore as on 31 Mar 2026, and states a minimum security cover of 1.50x. The auditors have issued a security cover certificate. The reason for the fall in land value is not stated, and the filing does not give remuneration terms for the re-appointed directors, which are subject to member approval.
The board re-appointed Pradeep Kumar Aggarwal, Lalit Kumar Aggarwal, Ravi Aggarwal and Devender Aggarwal for three years from 15 Feb 2027, subject to approval of members, and the filing states that they are brothers.
Filed with BSE on . Reference: Original filing (PDF)
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