Signoria Creation Ltd. (SIGNORIA)
SME CapConsumer stocks · SME cap · NSE
Signoria Creation Ltd. is an Indian ladies' garment manufacturer. In FY26, the company achieved a consolidated net sales turnover of Rs. 49.3 crore. It focuses on Indian design, product quality, and competitive pricing, with a growing B2C presence and plans for international market entry.
One read, four checks
75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.
Mixed fundamentals, management trust is acceptable, price trend is neutral, and recent execution is mixed.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
low confidence · 0/0 claims checked
Timing lens: price trend and sector relative strength.
Rolling lens: recent quarterly delivery, not the latest single-result score.
Quarter ended 31 Mar 2026
Average · 30/100YoY data unavailable — classification deferred
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹49.3 Cr | NDF | NDF |
| EBITDA | ₹8.4 Cr | +156.5% | +143.9% |
| Operating margin | 17.1% | -204 bps | +34 bps |
| PAT | ₹4.4 Cr | NDF | NDF |
| PAT margin | 8.9% | -120 bps | +5 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Where growth can come from, and what can break the case
Signoria Creation reported FY26 consolidated net sales of Rs. 49.3 crore, with standalone sales at Rs. 40.45 crore. PAT margin declined to ~10% and EBITDA margin to 17.13% due to market volatility and increased raw material and printing costs. Management targets Rs. 80 crore group turnover in FY27.
Management has clear growth targets for FY27 and FY28, aiming for significant revenue expansion and margin recovery. Strategic initiatives like international market entry, B2C brand building, and backward integration via Herbal Print are underway. However, funding for aggressive growth and managing inventory remain key challenges.
International Market Entry
Our company is going to enter the international market soon. The next 2-3 years, we will start the export of our ladies' garment.
Brand Strengthening & B2C Expansion
In the coming years, we will take more important steps to bring our brand directly to the consumer. Our aim is not only to become an exporter but also to make a reliable and popular fashion brand.
Subsidiary Growth & Integration
Herbal Print Pvt. Ltd. is also an important part of our development strategy. In the next 2 years, we are going to establish modern digital printing machines.
Product & Size Diversification
Now we have made 5 sizes... our 20% sale has increased on its own... next year, we will make 6 sizes. We have started making tops for them. We make cord sets.
Sewing Machines
The company has added 200 machines... now we are working on 75%... we will have to add another 200 machines this year.
Digital Printing Machines
In the next 2 years, we are going to establish modern digital printing machines in the company. This investment will play an important role in increasing our production capacity.
Strong Market Demand
The demand in the market is good. The demand is increasing day by day.
Product Acceptance & Market Expansion
As this Kurti and this fashion is increasing, and in villages, old age ladies are also wearing it. The market size is increasing. There is no decrease.
Pricing Power
We have increased our rates in May. The customer is easily buying that material.
Quality-driven Customer Loyalty
If we make quality, variety and comfortable things, then the customer always demands the same... he gets addicted to it.
Market Volatility & Input Costs
This year, the market has been very volatile. In the market, there has been a war problem for the last 2-3 months. Because of this, the rates of raw materials and other things have been a little high.
Increased Printing Costs
Due to the gas problem, our printing cost is increasing.
SKU Management Complexity
I have at least 400 SKUs today. Sir, it is very difficult to maintain 400 SKUs.
Funding for Growth
For Rs. 120 crores, I will have the requirement of funds. Because I got Rs. 8 crores from the IPO. Not much... So, either we will do something from the bank or by planning an FPA.
Government Tender Delays
The government will definitely come. And we are ready for it... it is getting delayed.
Main Board Migration Conditions
If I am not able to fulfill some of their conditions, then we will move forward to the main board after 6 months... We will be entitled on March ‘27.
Management accountability
What management said, and what results must prove
Management accountability
What management said, and what results must prove
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
The earnings call primarily discusses full financial year (FY26) results and sets annual targets for future financial years (FY27, FY28). The ladies' garment business is likely seasonal, making year-over-year comparisons more relevant for assessing overall performance and growth.
Net Sales Turnover (Consolidated FY26)
achieved a consolidated net sales turnover of Rs. 49.3 crore this year.
Net Sales Turnover (Signoria standalone FY26)
The turnover of Signoria Creation Ltd. was Rs. 40.45 crore.
PAT Margin (FY26)
This year, it has come down to 10%.
Operating EBITDA Margin (FY26)
Right now, my EBITDA is 17.13%.
FY27 Group Turnover Target
For the Financial Year 2026-27, our target is a total turnover of Rs. 80 crore for the entire group.
FY28 Group Turnover Target
We have set the target of total turnover of Rs. 120 crores group as a whole in that Signoria will be Rs. 70 crores Herbal Print will be Rs. 50 crores for the full Financial Year ’27-28.
PAT Margin Target
In FY27-FY28, we will take a minimum of 12% of the target of Rs. 80 crores.
EBITDA Margin Target
In the coming time, we will take it by around 20%. In fact, we will take it by a little more than 20%... gradually take EBITDA by 25%.
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Group Turnover | Rs. 49.3 crore (FY26) | Achievement of Rs. 80 crore (FY27) and Rs. 120 crore (FY28) targets. |
| PAT Margin | ~10% (FY26) | Recovery to 12% in FY27-28. |
| EBITDA Margin | 17.13% (FY26) | Improvement towards 20-25%. |
| Capacity Expansion | 75% utilization, 200 machines added. | Addition of another 200 machines in FY27 and ramp-up of utilization. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trend score and candlestick chart
64Bullishfull bull SMA stack · SMA20 +26.5% / mo · MACD − · near 52W high
Technical chart
SIGNORIAdaily · 1Y · AUTO+109.5%Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 58. Wait for confirmation.
- SMA20 rising (~21.0% over last month) — short-term momentum positive.
- RSI(14) at 58 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 7% off 52W high · 199% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation & score drivers
U-Score 55 · FAIR VALUE · pillar breakdown, sector model, fair-value anchor
Valuation & score drivers
U-Score 55 · FAIR VALUE · pillar breakdown, sector model, fair-value anchor
Fundamental score breakdown
FAIR VALUEWhy this score?
Top U-Score contributors and drags from the latest stored fundamentals.
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 48.4%.
- Growth contributes 22/25 to the score.
Main drags
- Penalty bucket subtracts 9 points.
- Cash flow is weaker at 1/10; verify the latest quarterly trend.
- Valuation is weaker at 14/30; verify the latest quarterly trend.
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Score history
12 stored score snapshots. Latest stored move: +0 points.
Factor attribution
Modelled fair value
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Mixed Trust: Claim history is still being built. It ranks around the 56th percentile of the scored universe and 60th percentile within Consumer. Main check: cash conversion is weak at 43/100.
Healthy Trust Lite: Promoter holding is 70.1%. Key concern: Only 0 years of positive FCF.
Usable, but needs evidence. Treat guidance with a margin of safety.
overall median 67 · Consumer: 60th pctile, median 66 · SME: 70th pctile, median 64
2 documents have extracted text, but claim history is not strong enough yet.
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Mixed Trust · low confidenceRead Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust positives
- ▸Promoter holding is 70.1%.
- ▸Promoter pledge is zero.
Trust risks
- ▸Only 0 years of positive FCF.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Fundamentals
Valuation
- P/E
- 18.00
- P/B
- 3.20
- EV/EBITDA
- 10.21
- Market Cap
- 75.60Cr
Profitability
- ROE
- 19.50%
- ROCE
- 18.60%
- ROA
- 7.78%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 47.00%
- EPS 5Y
- 66.00%
- Revenue 3Y
- 28.00%
- EPS 3Y
- 22.00%
Balance Sheet
- Debt/Equity
- 0.71
- Interest Coverage
- 6.84×
- Altman Z
- 3.39
- Book Value
- 49.70
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- 2.60 Cr
- EPS TTM
- 8.81
Shareholding
- Promoter Hold
- 70.05%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 89%
Financial History
Updated 5/9/2026
Revenue
₹ CrNet Profit
₹ CrReturn on Equity
%Peers
Business-comparable names in Consumer, ranked by similarity
Peers
Business-comparable names in Consumer, ranked by similarity
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.