Signoria Creation Limited (SIGNORIA)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Signoria Creation's revenue was ₹49.3 Cr, and net profit ₹4.4 Cr; the operating margin was 17.1%.
| H2 FY26 (₹ Cr) | Value | YoY | vs prev. half |
|---|---|---|---|
| Revenue | ₹49.3 | — | — |
| Operating profit | ₹8.4 | — | — |
| Net profit | ₹4.4 | — | — |
| EPS (₹) | 9.04 | — | — |
| Operating margin | 17.1% | — | — |
📢 Recent Corporate Announcements
Signoria Creation Limited has received 28 purchase orders aggregating to Rs 2.85 crore (inclusive of tax) from Zivore Apparel Private Limited (LIBAS). The contract entails manufacturing and supplying 36,000 pieces of women's ethnic wear (kurta sets). The order is domestic, non-related-party, and scheduled to be fully executed by December 30, 2026. For perspective, the Rs 2.85 crore order represents about 5.8% of the company's single-quarter revenue reported in March 2026 (Rs 49.31 crore).
- Received 28 purchase orders aggregating to Rs 2,85,17,362 (inclusive of tax)
- Contract is for the supply of 36,000 pieces of women's ethnic wear (kurta sets)
- Awarded by domestic entity Zivore Apparel Private Limited (LIBAS)
- Execution timeline set for completion by December 30, 2026
Signoria Creation Limited announced that its members have approved an Ordinary Resolution via remote e-voting to increase the company's authorised share capital. The authorised capital rises from ₹5.50 crore (55,00,000 equity shares of ₹10 each) to ₹10.00 crore (1,00,00,000 equity shares of ₹10 each). Consequently, Clause 5 of the company's Memorandum of Association (MOA) has been altered to reflect this change. This provides the company head-room for future equity issuances, bonus shares, or fundraises.
- Authorised share capital increased from ₹5,50,00,000 to ₹10,00,00,000
- Total authorized shares increased from 55,00,000 to 1,00,00,000 shares of face value ₹10 each
- Clause 5 (Capital Clause) of the Memorandum of Association altered accordingly
- Resolution approved by members via remote e-voting following board intimation on 27th August, 2026
Signoria Creation Limited announced the conclusion of its 07th Annual General Meeting held on September 24, 2026. All 8 resolutions set out in the AGM notice were passed with requisite majorities and received 100% of votes cast in favour. Key items passed include the adoption of FY26 financial statements, an increase in authorized share capital, director appointments, and commission payment to non-executive directors. Total voting participation stood at 74.42% of outstanding shares (35,41,000 votes polled out of 47,58,000 total shares).
- All 8 resolutions passed unanimously with 100% votes cast in favour
- Overall turnout represented 74.42% of total voting capital (35,41,000 out of 4,758,000 shares)
- Promoter group polled 100% of their 30,33,000 shares in favour of all resolutions
- Approved increase in authorized share capital and consequential amendment to the Memorandum of Association
- Approved payment of commission to Non-Executive Directors for three years starting FY 2026-27
Signoria Creation Limited held its 7th Annual General Meeting on September 24, 2026, via video conferencing. During the meeting, Chairman Vasu Dev Agarwal highlighted FY26 revenue of Rs. 4,045.12 Lakhs (compared to Rs. 2,718.98 Lakhs in FY25) and net profit of Rs. 418.65 Lakhs (up from Rs. 301.85 Lakhs). Shareholders considered 8 agenda items, including an increase in authorised share capital, approval for FY27 related-party transactions, and revisions to executive remuneration. Final voting results and scrutinizer reports are expected within two working days.
- FY26 turnover highlighted at Rs. 4,045.12 Lakhs vs Rs. 2,718.98 Lakhs in FY25
- FY26 Net Profit reached Rs. 418.65 Lakhs compared to Rs. 301.85 Lakhs in FY25
- 8 total members attended the meeting (6 promoter group, 2 public)
- Proposed increase in authorised share capital and related-party approvals for FY 2026-27
Signoria Creation Limited's Board of Directors has approved availing an auto loan of ₹1.80 crore from HDFC Bank Limited. The loan is designated for the acquisition of a motor vehicle (Range Rover Sport Autobiography) and is secured via hypothecation of the vehicle. The repayment tenure is structured via equated monthly instalments not exceeding 72 months. Relative to the company's existing debt of ₹17 crore, this incremental borrowing represents roughly a 10.6% increase.
- Loan amount approved is ₹1,80,00,000 (₹1.80 crore) from HDFC Bank Limited
- Financing earmarked for one vehicle: Range Rover Sport Autobiography
- Repayable in equated monthly instalments not exceeding 72 months
- Secured by hypothecation of the acquired vehicle in favour of the bank
Signoria Creation Limited's Board of Directors has approved availing an auto loan of ₹1.80 crore from HDFC Bank Limited. The loan is designated for the acquisition of a motor vehicle (Range Rover Sport Autobiography) and is secured via hypothecation of the vehicle. The repayment tenure is structured via equated monthly instalments not exceeding 72 months. Relative to the company's existing debt of ₹17 crore, this incremental borrowing represents roughly a 10.6% increase.
- Loan amount approved is ₹1,80,00,000 (₹1.80 crore) from HDFC Bank Limited
- Financing earmarked for one vehicle: Range Rover Sport Autobiography
- Repayable in equated monthly instalments not exceeding 72 months
- Secured by hypothecation of the acquired vehicle in favour of the bank
Signoria Creation Limited commenced commercial production at its new leasehold manufacturing facility in Sumer Nagar, Mansarovar, Jaipur, effective September 17, 2026. The new site spans multiple levels, including the basement, ground, and first through third floors at Plot Nos. 127 and 128. While specific incremental capacity was not quantified in the filing, this adds to the company's previously reported installed capacity of 4,77,000 garment pieces per year. The company reported quarterly revenue of Rs 49.31 crore in Mar 2026.
- Commercial production commenced effective September 17, 2026
- Facility spans Basement, Ground, First, Second, and Third Floors at Plot Nos. 127 and 128
- Located at Scheme Sumer Nagar, Village Kalyanpura, Mansarovar, Jaipur
- Follows initial intimation dated August 10, 2026
Signoria Creation Limited has issued the notice for its 7th Annual General Meeting (AGM), scheduled to take place on Thursday, September 24, 2026, at 1:00 PM IST via video conferencing. The company has fixed Friday, September 18, 2026, as the cut-off date to determine shareholder eligibility for e-voting. Remote e-voting will run from September 21, 2026 (9:00 AM) through September 23, 2026 (5:00 PM). The Annual Report for FY 2025-26 has also been dispatched electronically to eligible shareholders.
- 07th Annual General Meeting to be held on Thursday, September 24, 2026, at 01:00 PM IST via VC/OAVM
- Cut-off date for e-voting eligibility set as Friday, September 18, 2026
- Remote e-voting window open from Monday, September 21, 2026 (09:00 AM) to Wednesday, September 23, 2026 (05:00 PM)
- Annual Report for FY 2025-26 circulated electronically and hosted on the company website
Signoria Creation Limited has disclosed the resignation of Mr. Mota Ram Sapet from the role of Sales & Marketing Head, designated as Senior Management Personnel (SMP). The cessation is effective from the close of business hours on August 26, 2026. According to the filing, the resignation is to pursue a new opportunity outside the company.
- Sales & Marketing Head Mr. Mota Ram Sapet resigned effective August 26, 2026
- Designated as Senior Management Personnel under SEBI Listing Regulations
- Departure stated as being to pursue new opportunities outside the company
Signoria Creation Limited announced the appointment of Mr. Lalit Kumar Nandwani as Marketing and Sales Head (Senior Management Personnel) effective August 27, 2026, following the resignation of Mr. Mota Ram Sapet on August 26, 2026. The Board also approved an increase in authorized share capital from ₹5.50 crore (55 lakh shares) to ₹10.00 crore (1 crore shares of ₹10 each), subject to shareholder approval at the AGM on September 24, 2026. Other resolutions include remuneration revisions for the Chairman & Managing Director and Whole-Time Director.
- Appointed Mr. Lalit Kumar Nandwani as Marketing and Sales Head effective August 27, 2026
- Predecessor Mr. Mota Ram Sapet ceased as Sales & Marketing Head on August 26, 2026
- Proposed increase in Authorized Share Capital from ₹5,50,00,000 to ₹10,00,00,000
- 7th Annual General Meeting scheduled for September 24, 2026 at 01:00 PM IST
Signoria Creation Limited announced key board decisions on August 27, 2026, including the appointment of Mr. Lalit Kumar Nandwani as Sales & Marketing Head (Senior Management Personnel) effective August 27, 2026, succeeding Mr. Mota Ram Sapet who resigned on August 26, 2026. The Board also recommended increasing the company's authorized share capital from Rs 5.50 Cr (55 lakh shares) to Rs 10.00 Cr (1 crore shares of Rs 10 each). The 7th Annual General Meeting is scheduled for September 24, 2026, to seek shareholder approval for these resolutions.
- Authorized share capital proposed to increase from Rs 5.50 Cr (55,00,000 shares) to Rs 10.00 Cr (1,00,00,000 shares of Rs 10 each)
- Mr. Lalit Kumar Nandwani designated as Head of Sales & Marketing with ~28 years of garment industry experience, effective August 27, 2026
- Mr. Mota Ram Sapet stepped down as Sales & Marketing Head effective August 26, 2026
- 7th Annual General Meeting scheduled for September 24, 2026 via Video Conferencing
Signoria Creation Limited's Board has approved an increase in authorized share capital from Rs 5.50 crore (55 lakh shares) to Rs 10.00 crore (1 crore shares of Rs 10 each), subject to shareholder approval at the upcoming AGM on September 24, 2026. The Board also accepted the resignation of Sales & Marketing Head Mota Ram Sapet and designated Lalit Kumar Nandwani as the new Sales & Marketing Head (Senior Management). Additionally, revisions to executive director remuneration and commissions for non-executive directors starting FY 2026-27 were recommended.
- Authorized share capital proposed to increase from Rs 5.50 crore to Rs 10.00 crore
- 7th Annual General Meeting scheduled for September 24, 2026 via video conferencing
- Mr. Lalit Kumar Nandwani designated as Sales & Marketing Head w.e.f. August 27, 2026, succeeding Mr. Mota Ram Sapet
- Recommended revision in remuneration for CMD Vasu Dev Agarwal and WTD Babita Agarwal
Signoria Creation is significantly expanding its manufacturing capacity by 535,000 pieces per annum, a 61.8% increase over its current 865,000 pieces capacity. The expansion is necessitated by a high current utilization rate of 95%, indicating the company is operating near its ceiling. The project involves leasing a 17,500 sq. ft. facility in Jaipur with a modest investment of ₹75 lakh funded through internal accruals. Operations are expected to commence within just one month, suggesting a rapid transition from investment to revenue generation.
- Proposed capacity addition of 535,000 pieces per annum against existing 865,000 pieces.
- Current capacity utilization is at 95% (828,609 pieces), necessitating the expansion.
- Total investment of ₹75,00,000 (₹0.75 Cr) to be funded via internal accruals.
- New 17,500 sq. ft. facility across five floors (Basement to 3rd Floor) in Jaipur.
- Implementation timeline is exceptionally short at approximately 1 month.
Financial Performance
Revenue Growth by Segment
Total revenue for FY25 was INR 27.22 Cr. Segment-specific growth percentages are not disclosed, but the company operates primarily in the women's apparel segment.
Geographic Revenue Split
The company has an expanding presence both domestically in India and in exports, though the specific percentage split between these regions is not disclosed.
Profitability Margins
Operating Profit Margin was 17.90% in FY25, down from 20.11% in FY24 (-10.99% change). Net Profit Margin was 11.10% in FY25 compared to 12.32% in FY24 (-9.92% change).
EBITDA Margin
EBITDA for FY25 was INR 5.29 Cr (529.33 Lakhs), representing an EBITDA margin of approximately 19.44%.
Credit Rating & Borrowing
The company reported an Interest Coverage Ratio of 6.56 in FY25, a 2.5% increase from 6.40 in FY24, indicating strong ability to meet interest obligations.
Operational Drivers
Raw Materials
Cotton is specifically identified as a key raw material subject to price volatility. Other materials include fabrics for kurtis, pants, and co-ord sets.
Key Suppliers
Not disclosed, but the company relies on a select network of suppliers and job workers for manufacturing inputs.
Capacity Expansion
Current installed capacity is up to 4,77,000 pieces of quality garments per year across 2 manufacturing units.
Raw Material Costs
Raw material price volatility, especially cotton, is cited as a major operational risk. Procurement strategies include bulk procurement and maintaining inventory buffers.
Manufacturing Efficiency
The company utilizes advanced technology in its Rajasthan-based units to meet production demands and maintain quality standards.
Logistics & Distribution
Not disclosed, but the company uses diversified logistics as a risk mitigation strategy against environmental disruptions.
Strategic Growth
Growth Strategy
Growth will be achieved through the acquisition of a 60% stake in Herble Prints Private Limited to expand the textile business globally, investing in infrastructure and technology, expanding the customer base, and improving functional efficiency.
Products & Services
Women's apparel including kurtis, pants, tops, co-ord sets, dupattas, and gowns.
Brand Portfolio
Signoria
New Products/Services
The company continuously updates its portfolio with over 950+ designs to maintain market relevance.
Market Expansion
Plans to expand the 'Signoria' brand footprint across India and into global textile markets through its new subsidiary.
Strategic Alliances
Acquired 60% of total issued and paid-up equity share capital of Herble Prints Private Limited.
External Factors
Industry Trends
The industry is seeing increased digital penetration and a rise in fashion-conscious consumers. Signoria is positioning itself by expanding its e-commerce presence and digital sales channels.
Competitive Landscape
Operates in a highly fragmented and competitive women's ethnic and contemporary apparel sector.
Competitive Moat
Competitive advantages include a strong brand identity ('Signoria'), a large design library (950+), inclusive sizing, and an experienced management team. These are sustained through continuous design innovation and quality control.
Macro Economic Sensitivity
Sensitive to uncertainties arising from pandemics, natural disasters, and geopolitical events that disrupt supply chains and demand.
Consumer Behavior
Shift toward fashionable attire that blends comfort and style, with increasing demand for ethnic wear through digital channels.
Geopolitical Risks
Geopolitical events are monitored for potential disruptions to supply chain and demand.
Regulatory & Governance
Industry Regulations
Operations are impacted by textile industry policies, labor statutes, and export/import duties.
Environmental Compliance
The company follows sustainable and environmentally aligned practices to mitigate regulatory risks.
Taxation Policy Impact
Subject to GST laws and frequent policy changes in the textile industry.
Legal Contingencies
The company reported no pending litigations as of March 31, 2025, that would impact its financial position.
Risk Analysis
Key Uncertainties
Raw material price volatility and substantial working capital requirements are primary uncertainties. The Current Ratio dropped 25.72% to 1.55 in FY25 due to increased current liabilities.
Geographic Concentration Risk
Manufacturing is concentrated in Jaipur, Rajasthan, making it sensitive to regional industrial policies.
Third Party Dependencies
High reliance on select suppliers and job workers for manufacturing and input sourcing.
Technology Obsolescence Risk
Risk of falling behind in digital disruptions; mitigated by investments in ERP and modern marketing tools.
Credit & Counterparty Risk
Delays in collection from customers may stress liquidity, requiring prudent credit assessment.
