SIGNPOST
Signpost India share price & financials
- Price
- ₹248
- Market cap
- ₹1.5k Cr
- Calls analysed
- 1
Signpost India Q4 FY26
What went well
- Q4 FY26 Revenue from operations grew 46% YoY and 14% sequentially to ₹162 crores.
- Q4 FY26 Operating EBITDA increased more than three-fold YoY to ₹42 crores, with a margin of 26.3%.
- FY26 full-year Net Profit more than doubled to ₹70 crores, with EPS at ₹13.14.
What to watch
- Receivables appear higher due to multi-city campaigns requiring regional office compliance, delaying cash flow cycle.
- Cost of services rendered increased linearly with revenue, though management aims for 7-8% cost reduction in the coming year.
What Signpost India Limited does
Signpost India Limited is an out-of-home (OOH) advertising company that builds, owns and operates media assets on public infrastructure such as metro stations, buses, bus queue shelters and airports, sold to advertisers under long-term public-private-partnership (PPP) contracts with city and transit authorities. It earns by selling advertising space on this owned and operated inventory to direct clients and through aligned/agency partnerships, with a growing share from Digital Out-of-Home (DOOH) screens alongside conventional transit and static formats. The company uses its proprietary Captura platform for video-analytics-driven media planning, dynamic pricing and campaign execution across its network.
Segments
- Transit Media
- Digital OOH (DOOH)
- Conventional OOH & Static Media
- Industry position
- Top 3 OOH player nationally; largest transit media and bus queue-shelter operator in India
- Media assets managed
- 15,000+ transit, DOOH & OOH assets
- Geographic footprint
- 32+ cities across India
- Active clients
- 1,730+ advertisers
- Premium digital panels
- 80,000+ sq ft of DOOH inventory
- Average remaining contract tenure
- 14 years
Guidance record · Q4 FY26
what the last two calls moved 7 tracked 0 delivered 0 missed 7 open- FY27 Revenue Growth open said Q4 FY26 Promised: double-digit (similar to 25%) Q4 FY26: Management guided for double-digit revenue growth in FY27, similar to the 25% growth achieved in FY26.
All 7 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 10.1%, net profit up 26.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 130 | 112 | 111 | 138 | 134 +3% | 142 +27% | 162 +46% | 152 +10% |
| EBITDA | 34 | 18 | 12 | 32 | 34 +0% | 38 +111% | 43 +258% | 34 +6% |
| Net profit | 16 | 6 | 1 | 15 | 16 +0% | 18 +200% | 21 +2000% | 19 +27% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −6.6% 1Y
1Y: ₹295.85 on 10 Sept 2025 → ₹276.25. High ₹326.9 (17 Jul 2026), low ₹198.57 (13 Jan 2026).
How the price took the results
close before → close after
- Q4 FY26
- −1.9%
- 10 Jun
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 22.0% a year over 2 years, FY24 to FY26. Operating margin widened to 25.5%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹387 Cr | ₹453 Cr | ₹576 Cr |
| Operating profit | ₹82 Cr | ₹88 Cr | ₹147 Cr |
| Operating margin | 21.2% | 19.4% | 25.5% |
| Interest | ₹9 Cr | ₹12 Cr | ₹16 Cr |
| Depreciation | ₹17 Cr | ₹37 Cr | ₹40 Cr |
| Net profit | ₹43 Cr | ₹34 Cr | ₹70 Cr |
| Net margin | 11.1% | 7.5% | 12.2% |
| Cash from operations | ₹64 Cr | ₹31 Cr | ₹22 Cr |
| Free cash flow | ₹-45 Cr | ₹-31 Cr | ₹-34 Cr |
| ROCE | 25.0% | 15.0% | 25.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY15 | FY16 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹1 Cr | ₹1 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr |
| Reserves | ₹9 Cr | ₹11 Cr | ₹137 Cr | ₹178 Cr | ₹240 Cr | ₹276 Cr |
| Borrowings | ₹5 Cr | ₹20 Cr | ₹97 Cr | ₹154 Cr | ₹208 Cr | ₹203 Cr |
| Other liabilities | ₹19 Cr | ₹25 Cr | ₹135 Cr | ₹134 Cr | ₹205 Cr | ₹200 Cr |
| Total liabilities | ₹35 Cr | ₹57 Cr | ₹379 Cr | ₹477 Cr | ₹664 Cr | ₹689 Cr |
| Fixed assets | ₹6 Cr | ₹11 Cr | ₹64 Cr | ₹163 Cr | ₹182 Cr | ₹213 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹26 Cr | ₹22 Cr | ₹39 Cr | ₹20 Cr |
| Investments | ₹0 Cr | ₹7 Cr | ₹45 Cr | ₹37 Cr | ₹2 Cr | ₹2 Cr |
| Other assets | ₹28 Cr | ₹40 Cr | ₹243 Cr | ₹255 Cr | ₹441 Cr | ₹455 Cr |
| Total assets | ₹35 Cr | ₹57 Cr | ₹379 Cr | ₹477 Cr | ₹664 Cr | ₹689 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters trimmed −13.63 pp while the public added +13.44 pp. The shareholder count shrank 1% to 16,455.
- Promoters
- 60.4%
- FIIs
- 0.2%
- DIIs
- 0.0%
- Public
- 39.4%
Since Jun 2025
- Promoters −13.63 pp
- Public +13.44 pp
- FIIs +0.15 pp
How it drifted, 10 quarters
Over this window the public went from 24.5% to 39.4% — +14.8 pp.
Ownership split by quarter, oldest first. Mar '24: Promoters 75.0%, FIIs 0.5%, Public 24.5%.Jun '24: Promoters 75.0%, FIIs 0.5%, Public 24.5%.Sep '24: Promoters 74.3%, FIIs 0.0%, DIIs 0.0%, Public 25.6%.Dec '24: Promoters 74.3%, FIIs 0.0%, DIIs 0.0%, Public 25.7%.Mar '25: Promoters 74.3%, FIIs 0.3%, DIIs 0.8%, Public 24.7%.Jun '25: Promoters 74.0%, FIIs 0.1%, DIIs 0.0%, Public 25.9%.Sep '25: Promoters 67.7%, FIIs 0.1%, DIIs 0.0%, Public 32.2%.Dec '25: Promoters 67.7%, FIIs 0.1%, DIIs 0.0%, Public 32.1%.Mar '26: Promoters 60.4%, FIIs 0.1%, DIIs 0.0%, Public 39.5%.Jun '26: Promoters 60.4%, FIIs 0.2%, DIIs 0.0%, Public 39.4%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Zaki Abbas Nasser +0.09 pp 1.96% held
The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Signpost India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Shripad Pralhad Ashtekar | 29.41% | unchanged |
| Dipankar Chatterjee | 15.77% | unchanged |
| Navin Chand Suchanti | 7.08% | −0.06 pp |
| Sushil Premprakash Pandey | 5.53% | unchanged |
| Rajesh Narayanprasad Batra | 2.20% | unchanged |
| Investor Education And Protection Fund Authority | 2.16% | unchanged |
| Rajesh Arvind Awasthi | 2.03% | unchanged |
| Zaki Abbas Nasser | 1.96% | +0.09 pp |
| Signpost India Limited - Unclaimed Suspense Account | 1.94% | unchanged |
| Aishwarya Shripad Ashtekar | 1.87% | unchanged |
| Kemparaju Singepalya Rangaiah | 1.51% | unchanged |
| Vijaya S | 1.38% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹276, this stock must grow earnings at 13% every year for 7 years. Our analysis caps realistic growth at ~107%. At that growth it is worth ₹14744 — upside of 5237%.
- Growth the price implies
- 13.0% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 27.6% a year
- net profit, FY24–FY26 · EPS 107.3%
- The gap
- -0.9 pp
- 5237% downside if it only repeats history
Learn to analyse Signpost India Limited
Guides on how to read this kind of business and the numbers that matter.