Signature Global Share Price Likely to Reach Rs. 1,780, Says Axis Securities

Gurugram, July 10, 2025: Brokerage firm Axis Securities has recommended buying shares of Signature Global (India) Ltd., setting a target price of INR 1,780, which is 43 per cent upside from the current market price. As of market closing on July 9, the stock was trading at INR 1247.35 per share.

Per an Axis Securities report, Signature Global has emerged as the fifth-largest listed real estate player, reporting a 58 per cent CAGR in pre-sales over FY22-25 on its diversified segment-mix and micro-market presence.

Emerging as one of the top brands in NCR

Between its three main markets—Southern Peripheral Road, Dwarka Expressway and Sohna Road—Signature Global has around 25 million square feet of upcoming projects. Axis Securities expects the company’s pre-sales to grow at 19 per cent CAGR between FY25 and FY28.

With pre-sales of over INR 100 billion, Signature Global has become one of the top five brands in NCR and among the top three in Gurugram. Its market share in NCR grew three times to six per cent, and in Gurugram, it more than doubled to nine per cent in FY25.

Signature Global focuses on units priced up to INR 40 million (less than 2,500 sq ft), which make up about 60 per cent of the housing demand in Gurugram. The company is the largest player in this segment with around 20 60 per cent market share.

Cashflow to grow steadily, profits to stay strong

Axis Securities believes that as the company progresses with its projects, its collections will rise. The brokerage expects the company to achieve 38 per cent CAGR in both collections and operating cash flow (OCF). It also expects the surplus cash will be sufficient to fund the growth investments.

Post-tax operating cash flow (OCF) margins are expected to stay healthy at around 37 per cent mainly due to the lower cost of land, which is about 10-15 per cent of revenue.