SignatureGlobal India Ltd

SignatureGlobal India Ltd

₹ 1,249 0.58%
10 May - close price
About

Incorporated in 2000, Signatureglobal (India) Limited is a real estate development company operating in the National Capital Region of Delhi ("Delhi NCR") focussed on offering affordable and mid-segment housing.[1]

Key Points

Market Leadership[1] Signature Global is the largest real estate development company in the National Capital Region of Delhi in affordable and lower mid-segment housing in terms of units supplied, with a market share of 19% in FY23. The company has sold 27,695 residential and commercial units as of 31st March 2023.

  • Market Cap 17,550 Cr.
  • Current Price 1,249
  • High / Low 1,438 / 444
  • Stock P/E 1,289
  • Book Value 59.9
  • Dividend Yield 0.00 %
  • ROCE 1.90 %
  • ROE -105 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Debtor days have improved from 127 to 71.7 days.

Cons

  • Stock is trading at 20.8 times its book value
  • Company has low interest coverage ratio.
  • Earnings include an other income of Rs.91.2 Cr.
  • Company's cost of borrowing seems high

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Realty Industry: Construction

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
107 142 139 485 174 197 217
108 192 154 450 169 204 212
Operating Profit -1 -49 -15 34 5 -8 5
OPM % -1% -35% -11% 7% 3% -4% 2%
19 19 19 12 20 24 36
Interest 32 34 31 21 17 24 14
Depreciation 5 5 5 5 4 5 5
Profit before tax -19 -70 -32 19 4 -12 22
Tax % 25% 26% -47% 99% 28% 9% 0%
-14 -51 -47 0 3 -11 21
EPS in Rs -1.26 -4.51 -3.78 0.02 0.23 -0.78 1.53
Raw PDF
Upcoming result date: 15 May 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
365 214 242 343 862 1,072
321 211 252 385 894 1,035
Operating Profit 44 4 -10 -42 -32 37
OPM % 12% 2% -4% -12% -4% 3%
78 76 159 98 68 91
Interest 81 78 149 124 118 76
Depreciation 2 7 11 17 20 19
Profit before tax 39 -6 -10 -85 -102 33
Tax % 21% 67% 26% 18% -11%
31 -2 -8 -70 -113 14
EPS in Rs 54.73 -3.46 -13.24 -6.11 -9.01 1.00
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 59%
TTM: 151%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -62%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -105%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 6 6 6 11 12 14
Reserves 89 88 -11 -79 270 828
749 952 1,009 895 608 396
98 343 832 1,193 1,198 1,584
Total Liabilities 941 1,389 1,836 2,020 2,088 2,822
15 18 60 129 122 120
CWIP 0 2 0 0 0 0
Investments 136 151 151 149 156 156
790 1,218 1,625 1,742 1,809 2,546
Total Assets 941 1,389 1,836 2,020 2,088 2,822

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-41 123 30 69
-119 -125 -26 210
115 108 -42 -322
Net Cash Flow -45 106 -38 -43

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 108 185 168 141 72
Inventory Days 207 577
Days Payable 63 174
Cash Conversion Cycle 252 589 168 141 72
Working Capital Days 591 865 1,074 522 156
ROCE % 8% 14% 4%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2023Dec 2023Mar 2024
69.63% 69.63% 69.63%
5.42% 5.66% 6.09%
5.90% 5.63% 5.08%
19.04% 19.07% 19.19%
No. of Shareholders 22,35513,27913,940

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents