MoneyWorks4Me

Signatureglobal (India) reports over 3-fold jump in pre-sales in Q4FY24

08 Apr 2024 Evaluate

Signatureglobal (India) has achieved best pre-sales performance of Rs 4140 crore in Q4FY24 as compared to Rs 1220 crore in Q4FY23, i.e reported over 3-fold jump. In full year, pre-sales performance stood at Rs 7270 crore. The Company’s collections in Q4FY24 grew 71.19% to Rs 1010 crore as against Rs 590 crore in Q4FY23. In FY24, its collections stood at Rs 3110 crore. 

Its net debt stood at Rs 1160 crore at the end of FY24 in comparison to Rs 1090 crore in FY23. There is a very marginal increase in net debt, however, it is on a much larger pre sales which has more than doubled for the year. 

Signatureglobal (India) is a real estate development company. The company operates in the National Capital Region of Delhi (Delhi NCR). The company strategically focused on the Affordable Housing segment and the Middle Income Housing segment through GoI and state government policies.

Peers
Company Name CMP
Lodha Developers 1143.40
Prestige EstatesProj 1472.65
Dilip Buildcon 423.25
DLF 671.35
Oberoi Realty 1844.00
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