Sector Alpha Week of 2026-07-24
Sector Alpha — machine-written from the numbers · Data as of 2026-07-24

SignatureGlobal India Ltd

SIGNATURE
Realty - Construction & Contracting

SignatureGlobal India Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.

The sharpest disagreement: annual EPS moved +983.4% against a −35.1% price move — the market has not yet caught up with the delivery.

The price is in a downtrend (48 weeks in) while the P/E sits at the 46th percentile of its own 2-year range. Underneath, the last four quarters read mixed, and 59% of the last 3 years' profit arrived as cash. What settles it: whether the price catches up with earnings that have already moved.

Price
₹810
−35.1% 1Y
P/E
301.0×
46th pctile
of its own 2-year range
Revenue (Mar 26)
₹1,107 Cr
+112.9% YoY
Profit (Mar 26), incl. one-off
₹1,152 Cr
one-off item — see below
Operating margin
5.0%
−3.0 pp YoY
ROCE
3%
FY26
ROIC
−3.5%
vs WACC 12.0% → −15.5 pp
Cash conversion
59%
of profit, last 3 FY
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

SignatureGlobal India Ltd trades at ₹810, in a downtrend and 48 weeks into that stage. That is −12.1% against its own 200-day average. It sits at 16% of a 52-week range of ₹743 to ₹1,147. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (1 week and counting).

Today the stock is in a downtrend — week 48 of stage 4, confirmed. At ₹810 it trades −12.1% versus its 200-day average and sits at 16% of its 52-week range (₹743–₹1,147).

Jul 26: ₹810 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
−12.1% versus the 200-day line, week 48 of stage 4
Price50-day avg200-day avg
S2S4S4₹1,679₹1,351₹1,024₹696₹368₹810₹921Sep 23Jun 24Mar 25Dec 25Jul 26
S2S4S4₹1,679₹1,351₹1,024₹696₹368₹810₹921Sep 23Mar 25Jul 26
Beating or trailing, week by week since 2023 Each cell is one week from 2023 to now (153 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Sep 23Jul 26

Against the market, two honest reads. Cumulative: over the last 2.8 years the stock moved +69% while the NIFTY 500 moved +36% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (1 week and counting; last ahead the week of 2026-07-10) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 46th percentile of its own range.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

SignatureGlobal India Ltd trades at 301.0× P/E, mid-range by its own standards (46th percentile). Its long-run median P/E is 310.7×, measured across 2.2 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 301.0× is mid-range by its own standards (46th percentile), against a long-run median of 310.7× measured over 2.2 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 301.0× vs a 310.7× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 2.2-year window; loss-period spikes above 932× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
mid-range by its own standards (46th percentile)
P/EMedianEPS (TTM) (quarterly)
997.7×₹9.9760.0×₹7.4522.3×₹4.9284.6×₹2.546.9×₹0.0×301.30×₹3May 24Dec 24Jul 25Feb 26Jul 26
997.7×₹9.9760.0×₹7.4522.3×₹4.9284.6×₹2.546.9×₹0.0×301.30×₹3May 24Jul 25Jul 26
P/E
301.0×
46th percentile of 2y
PEG
n/m
not derivable — 3-year earnings growth unavailable

Why the multiple sits where it does: over the past year annual EPS moved +983.4% against a −35.1% price move — earnings outran the price, pushing the multiple DOWN its own range.

Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

03 · Stage: No read

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

SignatureGlobal India Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 9 quarters across 3 curves, on partial evidence.

Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Where the trailing-twelve-month history is short, the curve falls back to single-quarter year-on-year growth — noisier, and the classifier smooths and caps base-effect spikes before reading. Base-effect spikes shown pinned (▲). A missing point means that reading is not held for the quarter.
the trajectory the stage is read from
RevenueProfitEPS
124%348%84%174%44%0.0%4.1%−174%−36%−348%%%3.9%300%300%Jun 23Sep 24Mar 26
124%348%84%174%44%0.0%4.1%−174%−36%−348%%%3.9%300%300%Jun 23Sep 24Mar 26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
5.3%4.2%3.0%1.8%0.7%%3%FY23FY24FY26
5.3%4.2%3.0%1.8%0.7%%3%FY23FY24FY26
Revenue growth
Rolling over
latest +3.9% · span −24.9% to +113.4%
Profit growth
Rising
latest +1,788.5% · span −100.0% to +100.0%
ROCE
Stuck low
latest 3.0% · span 1.0%–5.0%

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

The latest quarter’s profit carries a one-off item larger than the operating base, so the profit curve is shown but does not vote in the stage call.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

Growth, year by year: revenue +3.9% in FY26, profit +984.2% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn. Turnaround-year spikes shown pinned (▲).
Revenue YoYProfit YoYEPS YoY
1,084%301.2%775%300.6%466%300.0%158%299.4%−151%298.8%%%3.9%300%FY20FY23FY26
1,084%301.2%775%300.6%466%300.0%158%299.4%−151%298.8%%%3.9%300%FY20FY23FY26
TTM growth by quarter Trailing-twelve-month growth versus the year-ago TTM, per quarter, %: revenue (left axis); profit and EPS (right axis). The acceleration read compares the last 4 quarters (+3.9%) with the last 8 annualized (+44.6%). Spikes shown pinned (▲).
revenue rolling over, profit accelerating
Revenue TTM YoYProfit TTM YoYEPS TTM YoY
124%332%84%217%44%102%4.1%−13%−36%−128%%%3.9%300%Jun 23Sep 24Mar 26
124%332%84%217%44%102%4.1%−13%−36%−128%%%3.9%300%Jun 23Sep 24Mar 26
Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+3.9%+18.7%+99.6%
Profit+984.2%
EPS+983.4%
Share price−35.1%
Revenue YoY (Mar 26)
+112.9%
latest quarter vs a year ago
Revenue 10y
48.5%
long-run compound pace

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

04 · 4-Factor Sector Score

4-Factor Sector Score

31.2/100 — rank 24 of 26 in Realty - Construction & Contracting · 86% evidence confidence

SignatureGlobal India Ltd scores 31.2 out of 100 against the 26 companies it is compared with in Realty - Construction & Contracting, ranking 24. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 15.8 + 4.3 + 5.1 + 6 = 31.2. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

SignatureGlobal India Ltd reported ₹1,107 Cr of revenue in the Mar 26 quarter, +112.9% year on year. Over 6 years it has compounded at 48.5% a year. The last full year, FY26, came in at ₹2,596 Cr. The last four reported quarters add to ₹2,595 Cr.

SignatureGlobal India Ltd reported ₹1,107 Cr of revenue in the Mar 26 quarter, +112.9% year on year. Over 6 years it has compounded at 48.5% a year. The last full year, FY26, came in at ₹2,596 Cr. The last four reported quarters add to ₹2,595 Cr.

FY26 revenue came in at ₹2,596 Cr (+3.9% on the year), capping 6 years at 48.5% compound. The latest quarter (Mar 26) printed ₹1,107 Cr, +112.9% year on year.

FY26 revenue ₹2,596 Cr (+3.9% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 7-year window. A bar is red when it is lower than the year before.
48.5% a year over 6 years
RevenueYoY growth
2.8k1,084%2.1k775%1.4k466%701158%0−151%₹ Cr%₹2,5963.9%FY20FY23FY26
2.8k1,084%2.1k775%1.4k466%701158%0−151%₹ Cr%₹2,5963.9%FY20FY23FY26
Mar 26: ₹1,107 Cr (+112.9% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
1.2k715%897504%598294%29983%0−127%₹ Cr%₹1,107112.9%Jun 23Sep 24Mar 26
1.2k715%897504%598294%29983%0−127%₹ Cr%₹1,107112.9%Jun 23Sep 24Mar 26

Pace check: the last four quarters averaged +27.1% growth against the decade's 48.5% — the current year is running slower than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +3.9% over the last 4 quarters against +44.6%/yr over the last 8 — rolling over; TTM profit +983.2% vs +726.9%/yr — accelerating.

→ Revenue grew — did margins hold as it scaled? Next: 5.0% this quarter (−3.0 pp YoY).

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

SignatureGlobal India Ltd's operating margin is 5.0% in the Mar 26 quarter, −3.0 percentage points against the same quarter a year ago. Across 7 fiscal years the operating margin has ranged −99.0% to 2.0%. The current quarter is running above every full year in that window.

SignatureGlobal India Ltd's operating margin is 5.0% in the Mar 26 quarter, −3.0 percentage points against the same quarter a year ago. Across 7 fiscal years the operating margin has ranged −99.0% to 2.0%. The current quarter is running above every full year in that window.

The latest quarter's operating margin is 5.0%, −3.0 pp against the same quarter a year ago. Across 7 fiscal years the operating margin has ranged −99.0%–2.0%.

🚨 Why the margin moved: operating margin went −3.3 pp year on year while gross margin went +0.0 pp — the loss came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

FY26: −2.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 7-year window.
within a −99.0–2.0% band over 7 years
operating marginYoY change (pp)
10%104%−19%53%−49%3.0%−78%−47%−107%−98%%%−2%−4%FY20FY23FY26
10%104%−19%53%−49%3.0%−78%−47%−107%−98%%%−2%−4%FY20FY23FY26
Mar 26: 5.0% operating margin (−3.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
11%33%0.0%18%−11%2.5%−23%−13%−34%−28%%%5%−3%Jun 23Sep 24Mar 26
11%33%0.0%18%−11%2.5%−23%−13%−34%−28%%%5%−3%Jun 23Sep 24Mar 26

→ Margins slipped — did that reach the bottom line? Next: profit +1,788.5% in the latest quarter.

07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

SignatureGlobal India Ltd earned ₹1,152 Cr of net profit in the Mar 26 quarter. That quarter carries a one-off item larger than its own revenue, so the year-on-year figure is an artefact rather than a trading result. Full-year FY26 profit was ₹1,095 Cr. That is 104.1% of the quarter's revenue. The same quarter a year earlier earned ₹61.0 Cr.

SignatureGlobal India Ltd earned ₹1,152 Cr of net profit in the Mar 26 quarter. That quarter carries a one-off item larger than its own revenue, so the year-on-year figure is an artefact rather than a trading result. Full-year FY26 profit was ₹1,095 Cr. That is 104.1% of the quarter's revenue. The same quarter a year earlier earned ₹61.0 Cr.

Mar 26 profit was ₹1,152 Cr, +1,788.5% year on year. On the full year, FY26 printed ₹1,095 Cr (+984.2%).

🚨 Read this profit with care: at ₹1,152 Cr it is larger than the whole quarter's revenue of ₹1,107 Cr — no operating business earns more than it sells, so this is a one-off item (a debt-to-equity conversion, a tax write-back or an asset sale), not money the business earned. The underlying operations are running at 5.0% operating margin; the year-on-year jump and any P/E built on this number are artefacts of the one-off, not a real earnings turn.

FY26 profit ₹1,095 Cr (+984.2% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 7-year window. A bar is red when it is lower than the year before.
Net profitYoY growth
1.2k1,020%841889%490758%138626%−213495%₹ Cr%₹1,095984.2%FY20FY23FY26
1.2k1,020%841889%490758%138626%−213495%₹ Cr%₹1,095984.2%FY20FY23FY26
Mar 26: ₹1,152 Cr (+1,788.5% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
1.2k1,560%900799%55338%205−724%−143−1,485%₹ Cr%₹1,152−255.2%Jun 23Sep 24Mar 26
1.2k1,560%900799%55338%205−724%−143−1,485%₹ Cr%₹1,152−255.2%Jun 23Sep 24Mar 26

→ Profit rose — but did the cash follow? Next: 59% of the last 3 years' profit arrived as cash.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 59% of SignatureGlobal India Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹126 Cr of operating cash against ₹1,095 Cr of profit. After ₹2.0 Cr of capital spending, ₹124 Cr was left as free cash.

FY26: operating cash of ₹126 Cr against reported profit of ₹1,095 Cr, leaving free cash of ₹124 Cr after ₹2.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 59% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹126 Cr vs profit ₹1,095 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 7-year window, annual resolution.
59% of 3-year profit arrived as cash
Operating cashNet profitFree cash
1.2k8074090−388₹ Cr₹126₹1,095₹124FY20FY23FY26
1.2k8074090−388₹ Cr₹126₹1,095₹124FY20FY23FY26
FY26: CFO = 12% of profit (three-year rate 59%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash; outlier years shown pinned.
Conversion100%
323%240%156%72%−11%%12%FY20FY23FY26
323%240%156%72%−11%%12%FY20FY23FY26

🚨 Why conversion sits at 59%: the cash cycle tightened 57 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.

Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.

→ So follow the cash to where it goes. Next: a 9-day cycle and ₹61.0 Cr of building.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

SignatureGlobal India Ltd's cash conversion cycle runs 9 days in FY26, down from 66 days in FY21. Capital spending ran ₹61.0 Cr over the last 3 years. At FY26 sales of ₹2,596 Cr each day of that cycle holds about ₹7.1 Cr, so roughly ₹64.0 Cr sits inside the business at any moment.

FY26: debtors at 9 days (an asset-light business — no inventory to speak of) — for a full cycle of 9 days, tighter than FY21's 66.

In money terms: at FY26 sales of ₹2,596 Cr, each day of the cycle holds about ₹7.1 Cr — so the 9-day loop keeps roughly ₹64.0 Cr sitting inside the business at any moment.

FY26: a 9-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 7-year window.
−57 days vs FY21
Cash cycleDebtor days
71533415−3days9d9dFY20FY21FY23FY24FY26
71533415−3days9d9dFY20FY23FY26

On the investment side: capital spending of ₹61.0 Cr over the last 3 fiscal years against ₹81.0 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹2.0 Cr, work-in-progress ₹0.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
steady investment
CapexWork-in-progress
9466389−19₹ Cr₹2₹0FY21FY22FY23FY24FY26
9466389−19₹ Cr₹2₹0FY21FY23FY26

The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.

→ Does all this activity actually earn its cost of capital? Next: ROCE is 3% and the ROIC − WACC spread is −15.5 pp.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

SignatureGlobal India Ltd earns a ROCE of 3% in FY26. That is up from a trough of −7% in FY22. Return on invested capital clears the cost of that capital by −15.5 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 42.2% net margin on 0.15× asset turns.

FY26 ROCE is 3%, recovered from a FY22 trough of −7% — the full ladder below shows the fall and the climb, undoctored.

🚨 Why the return is what it is — the wiring (FY26): 42.2% net margin × 0.15× asset turns × 9.33× balance-sheet leverage ≈ 59.1% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.

The capstone test — ROIC − WACC: −3.5% − 12.0% = a −15.5 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.

FY26: ROCE 3% Return on capital employed by fiscal year, % (line); ROIC by fiscal year, % (line). 6-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY22's −7%
ROCEROIC (annual)WACC
14%6.6%−0.8%−8.2%−16%%3%−3.6%FY21FY23FY26
14%6.6%−0.8%−8.2%−16%%3%−3.6%FY21FY23FY26
Q4 FY26: ROCE −2.1% (TTM) vs WACC 12.0% Trailing-twelve-month ROCE and ROIC, per quarter, %; dashed line = the cost of capital. Last 12 quarters, put on a trailing-twelve-month basis and anchored to the annual figure.
ROCE (TTM)ROIC (TTM)WACC
13%8.5%3.6%−1.4%−6.3%%−2.1%−4.1%Q4 FY23Q2 FY25Q4 FY26
13%8.5%3.6%−1.4%−6.3%%−2.1%−4.1%Q4 FY23Q2 FY25Q4 FY26

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 1.61.

11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.

SignatureGlobal India Ltd carries total debt of ₹2,979 Cr against shareholder equity of ₹1,850 Cr as of Mar 26, a debt-to-equity of 1.61. On the annual view that ratio went from 36.18 in FY23 to 1.61 in FY26. Read the returns elsewhere on this page with that leverage in mind.

Mar 26: total debt of ₹2,979 Cr against shareholder equity of ₹1,850 Cr — a debt-to-equity of 1.61. On the annual view, debt-to-equity went from 36.18 (FY23) to 1.61 (FY26). Read the returns on this page with that leverage in mind.

FY26: debt ₹2,979 Cr at 1.61× equity Total debt by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 4-year window.
Total debtDebt-to-equity
3.2k38.9×2.4k28.9×1.6k18.9×8048.9×0−1.2×₹ Cr×₹2,9791.61×FY23FY24FY26
3.2k38.9×2.4k28.9×1.6k18.9×8048.9×0−1.2×₹ Cr×₹2,9791.61×FY23FY24FY26
Mar 26: debt ₹2,979 Cr, debt-to-equity 1.61 Total debt per quarter, ₹ Cr (bars); debt-to-equity, × (line). Last 12 quarters. India reports the full balance sheet half-yearly, so the intervening quarter carries the prior reading forward.
Total debt (quarterly)Debt-to-equity
3.2k38.9×2.4k28.9×1.6k18.9×8048.9×0−1.2×₹ Cr×₹2,9791.61×Jun 23Sep 24Mar 26
3.2k38.9×2.4k28.9×1.6k18.9×8048.9×0−1.2×₹ Cr×₹2,9791.61×Jun 23Sep 24Mar 26

→ Who owns this, and are they adding or leaving? Next: Foreign institutions added 1.1 points over 8 quarters.

12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Foreign institutions added 1.1 points of SignatureGlobal India Ltd over 8 quarters, the biggest move on the register. That takes foreign institutions to 9.4% of the company. Domestic institutions moved +0.2 points over the same window, to 5.5%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Foreign institutions: +1.1 points over 8 quarters to 9.4%; Domestic institutions: +0.2 points over 8 quarters to 5.5%; Promoters: −0.1 points over 8 quarters to 69.5%.

Why the register moved: foreign institutions drove it (+1.1 points) — steady accumulation by institutions reading the same numbers this page reads.

Fiscal-year ends: promoters +0.0 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Domestic inst.Public
75%56%37%19%0.0%%69.6%9.5%5.4%15.4%Mar 24Mar 25Mar 26
75%56%37%19%0.0%%69.6%9.5%5.4%15.4%Mar 24Mar 25Mar 26
Foreign institutions added 1.1 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 12 quarters.
PromotersForeign inst.Domestic inst.Public
75%56%37%18%0.0%%69.5%9.4%5.5%15.6%Sep 23Dec 24Jun 26
75%56%37%18%0.0%%69.5%9.4%5.5%15.6%Sep 23Dec 24Jun 26

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

SignatureGlobal India Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

Related companies · same sector · Realty - Construction & Contracting Every company is compared on the shape of its own curves, not static ratios. The Revenue, EPS and ROCE columns each draw that company's last 12 quarters as a mini line of the ACTUAL level (trailing-twelve-month revenue and EPS, and the ROCE itself) — so a line that climbs is a business getting bigger, a line that sinks is one shrinking. The colour tracks the same line: green when it is rising or steadily healthy, amber when it is rolling over from a high (still elevated but turning down), red when it is falling, grey when flat or stuck. Colour and direction always agree — a green line never points down. The ROCE curve is the return on capital (annual readings for peers, so a slightly coarser line than the quarterly one at the top of this page). The Stage column then runs the same 12-quarter trajectory classifier used at the top of the page on each company and names where it sits. What lands a company in each bucket: CONSISTENT — growth stays positive across the window and returns are healthy (ROCE ≥ 15%, or ROE ≥ 12% for lenders); IMPROVING — profit or EPS fell into real decline, bottomed a few quarters back, and has climbed back to positive and held there; TURNING AROUND — the same kind of trough but more recent, with the latest quarters just lifting off it (an early, unconfirmed turn); TOPPING OUT — growth is still positive but decelerating hard from its own peak while returns have stopped rising; DETERIORATING — two or more growth curves are shrinking (latest below zero) and staying there, not one soft quarter; MIXED — the curves genuinely disagree, or no clean majority, so no single word fits; NO READ — fewer than eight usable quarters. It is a like-for-like read of every company against its own past, not a ranking against the group.
CompanyP/EMkt capRevenueEPSROCEStage
SignatureGlobal India Ltd this page301.0×₹10,810 CrNo read
Ganesh Housing Ltd25.1×₹6,666 CrDeteriorating
Valor Estate Ltd₹6,102 CrNo read
Puravankara Ltd79.4×₹5,060 CrNo read
Keystone Realtors Ltd64.0×₹5,046 CrTurning around
Sunteck Realty Ltd21.1×₹4,497 CrNo read
Raymond Ltd0.7×₹3,917 CrMixed
AGI Infra Ltd41.1×₹3,897 CrConsistent
Ashiana Housing Ltd33.0×₹3,887 CrMixed
Hemisphere Properties India Ltd₹3,801 CrNo read
Kesar India Ltd126.0×₹3,775 CrNo read
Kolte Patil Developers Ltd₹3,470 CrNo read
Arvind SmartSpaces Ltd29.0×₹2,792 CrMixed
Hubtown Ltd18.7×₹2,771 CrImproving
Ajmera Realty & Infra India Ltd16.1×₹2,412 CrTurning around
Capacite Infraprojects Ltd9.5×₹1,800 CrMixed
Omaxe Ltd₹1,603 CrNo read
Shriram Properties Ltd14.4×₹1,451 CrTurning around
Laxmi Goldorna House Ltd86.9×₹1,021 Cr
Arihant Foundations & Housing Ltd17.3×₹1,018 CrMixed
Suraj Estate Developers Ltd10.2×₹925 CrTopping out
Eldeco Housing & Industries Ltd31.5×₹765 CrTurning around
PVP Ventures Ltd₹711 CrNo read
Geecee Ventures Ltd16.6×₹699 CrMixed
Peninsula Land Ltd₹534 CrNo read
Suratwwala Business Group Ltd16.8×₹524 CrTurning around
12 · Frequently asked questions

Frequently asked questions

What is SignatureGlobal India Ltd's share price today?

SignatureGlobal India Ltd trades at ₹810, −35.1% over the past year. The company is valued at ₹10,810 Cr. The stock sits at 16% of its 52-week range of ₹743–₹1,147, −12.1% versus its 200-day average. On the tape, the price is in a downtrend, 48 weeks in. — as of 24 July 2026.

What were SignatureGlobal India Ltd's latest quarterly results?

SignatureGlobal India Ltd reported revenue of ₹1,107 Cr and net profit of ₹1,152 Cr for the Mar 26 quarter. Revenue rose 112.9% and profit rose 1,788.5% year on year. Earnings per share were ₹82.02. The operating margin was 5.0%, 3.0 pp lower than a year earlier. — as of 24 July 2026.

What is SignatureGlobal India Ltd's revenue?

SignatureGlobal India Ltd reported revenue of ₹1,107 Cr in the Mar 26 quarter, +112.9% year on year. For the full FY26 fiscal year, revenue was ₹2,596 Cr (+3.9%). Over the last 6 years revenue compounded at 48.5% a year. — as of 24 July 2026.

What is SignatureGlobal India Ltd's profit?

SignatureGlobal India Ltd earned ₹1,152 Cr of net profit in the Mar 26 quarter, +1,788.5% year on year. Full-year FY26 profit was ₹1,095 Cr. The operating margin ran 5.0% in the latest quarter. — as of 24 July 2026.

What is SignatureGlobal India Ltd's market cap?

SignatureGlobal India Ltd's market capitalisation is ₹10,810 Cr at a share price of ₹810. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.

What is SignatureGlobal India Ltd's P/E ratio?

SignatureGlobal India Ltd trades at a P/E of 301.0×, at the 46th percentile of its own 2-year range, against a long-run median of 310.7×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.

Does SignatureGlobal India Ltd pay a dividend?

No — SignatureGlobal India Ltd has recorded a dividend payout of 0% of profit in each of its last 7 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 24 July 2026.

Is SignatureGlobal India Ltd overvalued?

On its own history, SignatureGlobal India Ltd looks mid-range against its own history: its P/E of 301.0× sits at the 46th percentile of its 2-year range (long-run median 310.7×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.

Is SignatureGlobal India Ltd growing?

The picture is mixed for SignatureGlobal India Ltd: latest-quarter revenue +112.9% year on year, profit +1,788.5%, and the margin −3.0 pp at 5.0%. The earnings engine currently reads: mixed — as of 24 July 2026.

How is SignatureGlobal India Ltd performing?

SignatureGlobal India Ltd is in a downtrend, 48 weeks in. Its latest quarter's revenue rose 112.9% and profit rose 1,788.5% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 1 week. This describes what the data did, not a rating. — as of 24 July 2026.

Is SignatureGlobal India Ltd in an uptrend?

No — the price is in a downtrend (week 48 of stage 4), trading −12.1% versus its 200-day average and at 16% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.

Is SignatureGlobal India Ltd beating the market?

Not lately — on a trailing-13-week view SignatureGlobal India Ltd is currently behind the NIFTY 500 (1 week and counting; last ahead the week of 2026-07-10), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 2.8 years the stock moved +69% against the NIFTY 500's +36% — ahead of the index over the full window. — as of 24 July 2026.

Will SignatureGlobal India Ltd's share price go up?

This page publishes no price forecast for SignatureGlobal India Ltd. What it measures instead: the share price is ₹810, the price is in a downtrend 48 weeks in. Its P/E of 301.0× sits at the 46th percentile of its own 2-year range. — as of 24 July 2026.

Who owns SignatureGlobal India Ltd?

Promoters hold 69.5% of SignatureGlobal India Ltd, foreign institutions 9.4%, domestic institutions 5.5% and the public 15.6% (latest quarter). The biggest move on the register over the last two years: Foreign institutions added 1.1 points over 8 quarters. — as of 24 July 2026.

Does SignatureGlobal India Ltd have too much debt?

It carries real leverage — SignatureGlobal India Ltd's debt-to-equity is 1.61, and operating profit covers the interest bill −1×. FY26 borrowings were ₹2,979 Cr against equity of ₹1,850 Cr. Read the returns on this page with that leverage in mind — as of 24 July 2026.

What is SignatureGlobal India Ltd's capex?

SignatureGlobal India Ltd spent ₹61.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹2.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.

What is SignatureGlobal India Ltd's cash flow?

SignatureGlobal India Ltd generated ₹126 Cr of operating cash flow in FY26 and ₹124 Cr of free cash flow after ₹2.0 Cr of capital spending. Reported profit that year was ₹1,095 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.

Is SignatureGlobal India Ltd's profit real cash?

Not fully — over the last 3 fiscal years, 59% of SignatureGlobal India Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹126 Cr against reported profit of ₹1,095 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 24 July 2026.

Where is SignatureGlobal India Ltd in its business cycle?

SignatureGlobal India Ltd's FY26 operating margin was −2.0%, against a 7-year band of −99.0%–2.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 5.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.

What could break the SignatureGlobal India Ltd story?

The sharpest disagreement: annual EPS moved +983.4% against a −35.1% price move — the market has not yet caught up with the delivery. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.

Is SignatureGlobal India Ltd a stock worth studying right now?

This is not investment advice. The machine read: SignatureGlobal India Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether the price catches up with earnings that have already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.

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