New Delhi, May 2025.

Brokerage firms ICICI Securities, Motilal Oswal, and Nuvama have recommended a ‘Buy’ on Signature Global (India) Ltd., following the company’s robust performance in FY25.

ICICI Securities has given a BUY recommendation with an updated target price of ₹1,996, while Motilal Oswal and Nuvama have set their target prices at ₹1,760 and ₹1,456 per share, respectively.

Signature Global’s stock opened at ₹1,218.95 per share on May 19, 2025, during early trading hours. Brokerage target prices indicate the stock could rise by up to 60% from the current price.

Brokerage Firm Recommendations

ICICI Securities has maintained its BUY rating and set a revised target price of Rs 1,996, suggesting the stock could increase by 61%.

The brokerage firm noted that Signature Global has delivered 57% sales booking CAGR over FY21–25, largely through affordable/ mid-income housing projects.

During FY25, Signature Global achieved sales bookings of INR 10,290 crore and for FY26 is guiding sales bookings of INR 12,500 crore (a 20% growth) and is targeting to maintain a 20% CAGR over the medium term.

With a strong project launch pipeline totalling over ₹45,000 crore in GDV from FY25 to FY28, ICICI Securities estimates Signature Global’s sales bookings to be ₹13,000 crore in FY26 and ₹14,700 crore in FY27.

Motilal Oswal has also maintained its BUY rating with a target price of ₹1,760 per share, suggesting a 42% upside potential.

“During FY25, Signature Global added 7.9 million sq.ft., including 5.2 million sq.ft in Sector 37D and 2.7 million sq. ft. in Sector 71, Gurgaon. It continues to focus on consolidation in three micro markets, i.e., Sec 71, Sec 37 D, and Sohna,” Motilal Oswal said in its report.

Signature Global is set to launch many premium projects and is expected to grow its bookings by 31% each year from FY25 to FY27, says Motilal Oswal.

Brokerage firm Nuvama also expects the company’s share price to rise to ₹1,456, indicating a 20% increase from the current market level.

Despite some delays, Signature Global launched five projects in FY25 with a total value of ₹13,800 crore. For FY26, the company plans to launch projects worth ₹17,000 crore, up 23% from last year, noted Nuvama.

Strong Performance During FY25

During FY25, Signature Global's pre-sales reached ₹10,290 crore, showing a strong 42% year-on-year growth. Revenue from operations rose to ₹2,500 crore, an impressive 102% increase from the previous year. The company also reported a strong profit, with PAT rising to ₹101 crore, a huge 531% jump from ₹16 crore in FY24, showing the strength of its business and performance.