Signpost India Limited · NSE:SIGNPOST
Signpost India — Q3 FY26 Earnings Presentation
45 slides from Signpost India's earnings presentation, Feb 12, 2026
Slide 1: Covering letter to stock exchanges
February 12, 2026 To: To: Listing Compliance Listing Compliance BSE Limited, National Stock Exchange of India Limited 25th floor, Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, ‘G’ Block, Dalal Street, Fort, Bandra- Kurla Complex, Mumbai 400023 Bandra East, Mumbai 400 051 Stock
Slide 2: Signpost India Limited Investor Presentation – December 25
Signpost India Limited Investor Presentation – December 25 BKC, Mumbai 1
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Signpost India Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secur
Slide 4: Industry Overview
Industry Overview Kotak Metro Station, Mumbai 3
Slide 5: India's OOH Industry Transformation
India’s OOH Industry Transformation • India’s OOH segment reached an all-time high of ₹59.2 billion in 2024, driven by its ability to deliver premium, high-impact visibility for brands • Growth was supported by urbanization, rising transit infrastructure (metros, airports, highways) and expansion of
Slide 6: DOOH is the Fastest-growing Segment
DOOH is the Fastest-growing Segment Indian advertising market projected to OOH projected to grow at a 10.2% CAGR DOOH projected to grow at a 24.3% CAGR grow at a 7.5% CAGR by 2027 by 2027 by 2027 1587 13 Gross Revenue (Rs. Billion) 10.2% Gross Revenue (Rs. Billion) Gross Revenue (Rs. Billion) 1279 7
Slide 7: DOOH Adoption is Accelerating Across India
DOOH Adoption is Accelerating Across India Digital formats are capturing share – DOOH to rise from 12% (2024) → 17% (2027) Digital Digital 12% 17% 2024 2027 88% 83% Static (Traditional) Static (Traditional) Growth Drivers Urbanization & Infra Expansion: more premium DOOH Transit Expansion (50 new ai
Slide 8: About Us
a, dan RPORTS COULD NEED AS MUCH NEXT-GEN Al ENERGY AS ABOUT 1 MILLION HOUSEHOLDS. ‘OUR FUTURE NEEDS INFINITE CLEAN ENERGY. BKC, Mumbai
Slide 9: Company Snapshot
Company Snapshot Top 3 12,500+ 25+ 1,681+ OOH Player Nationally Assets Managed Cities Across India Active Clients Transit platforms, DOOH & OOH Geographical Footprint 14 years Captura 75% 25,000+ Sq. ft. Avg. Remaining Proprietary AI-Powered Direct Client Relationships Premium Digital Pannels Contra
Slide 10: Company Overview
Company Overview Headquartered in Mumbai, with a portfolio Leading India’s OOH transformation, SIL has spanning 12,500+ transit and digital assets pioneered the shift from conventional across 25+ cities, SIL today serves 1,600+ billboards to a compliance-driven, PPP-led, advertisers, combining scale
Slide 11: Setting Industry Benchmarks: A Journey of Firsts
Setting Industry Benchmarks: A Journey of Firsts First Indian Company to design and deploy India's first computer vision-based video analytics tool smart IOT data systems into DOOH certified by IISc for traffic management and advertising intelligence First to create India’s largest transit portfolio
Slide 12: Key Milestones
Key Milestones PPP pivot; winning first city-wide Technological leap: early investments Year of Reimagination: leveraging contracts for street furniture, bus in cloud-based, digital OOH. Deep tech, data and design amplification to shelters, metro/transit; focus on analytics, dynamic pricing, launch
Slide 13: Geographic Presence
Geographic Presence Chandigarh Agra Delhi Haridwar Bagdogra Noida Ayodhya Lucknow Siliguri OMC Jaipur Prayagraj Billboard Jodhpur Kolkata Bus Nagpur Digital Bhubaneswar Bus Shelter Mumbai Puri Airport Pune Hyderabad Metro Tirupati Goa Chennai Bengaluru Raipur Port Blair Thiruvananthapuram Maps not t
Slide 14: Key Focus Areas
Key Focus Areas Metro Station, Bengaluru 13
Slide 15: Core Strengths
Core Strengths Experienced Leadership Visionary leadership team led by Founder–Managing Director Mr. Shripad Asthekar, supported by experienced professionals including Chairman Mr. Girish Kulkarni and Founder-Director Mr. Dipankar Chatterjee Hyperlocal Solutions Delivering smart, location-intelligen
Slide 16: Business Strategy
Business Strategy Ad-Tech Innovation Building a robust pipeline of open-source data leading to latitude–longitude-based assets across geographies, enabling measurable, data-driven and interactive campaigns. Stakeholder-Centric Growth 04 Sustainable Urban Infrastructure Committed to delivering value
Slide 17: Competitive Advantage
Competitive Advantage Strategic Growth Optionality Platform extendable into urban analytics, mobility data, and smart infrastructure — unlocking future monetization streams Proven Scale & Traction Proven ability to execute large-scale projects simultaneously across multiple geographies with robust S
Slide 18: Scaling New Horizons with Strategic Partnership
Scaling New Horizons with Strategic Partnership Partnered with Ernst & Young (EY) to drive a comprehensive transformation aimed at unlocking ₹200 Cr+ topline expansion and scalable growth on vintage assets. Revising SOPs and Processes across Exploring EY-Led Business Partnerships functions, while fo
Slide 19: Board of Directors
Board of Directors Mr. Girish Kulkarni Mr. Shripad Ashtekar Mr. Dipankar Chatterjee Mr. Rajesh Awasthi Non-Executive Chairman and Executive Director Executive Director Independent Director Managing Director With over four decades of experience, A visionary entrepreneur with a strong A distinguished
Slide 20: Leadership Team
Leadership Team • Mr. Shripad is the founder and managing director • Mr. Rajesh brings over 20 years of experience in of Signpost India Limited, a distinguished AdTech OOH advertising, with expertise in media media company in India, renowned for its acquisition, large-scale infrastructure projects,
Slide 21: Awards and Recognition
Awards and Recognition OOH Media Agency Of The Year 2019 At E4M Neon's OOH Awards 2019 Best Implementation Team Award At EMVIES 2020 Most Awarded Agency At Afaqs Foxglove Awards 6th Edition 2021 The Best of Karnataka Award at the Pepper Creative Awards 2021 Enginneering Design for installed project
Slide 22: Business Segments
Business Segments Kalighat, Kolkata 21
Slide 23: Transit Advertising
Transit Advertising Strategic Positioning: Market leadership in high-density locations across major cities in WEST Zones (Work, Entertainment, Shopping, Transit). Asset Base: 12,500+ buses, metro networks, airport installations across major urban centers Growth Drivers: India's public transportation
Slide 24: Digital Advertising
Digital Advertising Technology Leadership: First-mover advantage in cloud-based content management systems Market Dynamics: 22%+ growth rate significantly exceeding overall OOH market expansion Revenue Optimization: Multi-client sharing capability increasing revenue per square foot by 300-400% Netwo
Slide 25: Conventional Formats
Conventional Formats Stability Factor: Lower-risk, established revenue stream with minimal technology investment Market Position: Selective participation in high-quality, government-backed locations only Strategic Role: Cash generation for digital expansion and portfolio stability during transition
Slide 26: Asset Platform & Monetization Model
Asset Platform & Monetization Model Asset Platform Monetization Channels City Contracts: Bus shelters, metro, airports, and digital assets (7–20 year contracts via H1 techno-commercial bidding) Transit Advertising: Ads across public transport infra (bus shelters, metro stations); long gestation, emb
Slide 27: Marquee Clients
Marquee Clients 26 26 SIGNs of Tomorrow
Slide 28: Key Projects
Key Projects Iconic Digital Bus Shelter, BKC Story Board, Mumbai Metro Line Digital Bus Shelter, Mumbai Switch Double Decker, Mumbai 27 27 SIGNs of Tomorrow
Slide 29: Key Projects
Key Projects Conventional Board, Bangalore Metro Station, Bangalore Volvo, Bangalore Digital Bus Shelter, Bangalore 28 28 SIGNs of Tomorrow
Slide 30: Key Projects
Key Projects Digital Pods, Nagpur Airport Digital Screens, Dharampeth Nagpur Digital Screen, Port Blair Cityflo’s Fleet, Metro Cities 29 29 SIGNs of Tomorrow
Slide 31: Key Projects
Key Projects Digital Pods, CP, New Delhi Digital Pods, Bagdogra Airport Conveyor Belt Screens, Bagdogra Airport 30 30 SIGNs of Tomorrow
Slide 32: Financial Highlights – Q3 & 9M FY26
Financial Highlights – Q3 & 9M FY26 31
Slide 33: Management Commentary
Management Commentary Q3FY26 represents an important milestone in our company’s ongoing transformation towards a more predictable, high-quality and sustainable operating model. During the quarter, revenue grew 27% year-on-year to ₹142 crore, accompanied by a healthy expansion in profitability across
Slide 34: Performance Highlights – Quarter & YTD
Performance Highlights – Quarter & YTD Revenue (Rs. Cr) Gross Profit (Rs. Cr) & Margin (%) EBITDA (Rs. Cr) & Margin (%) PAT (Rs. Cr) & Margin (%) +27% +53.1% +106.1% +214.9% 142 60 38 18 112 Quarter 39 18 42.3% 6 12.7% 35.1% 26.6% 16.4% 5.1% Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 +2
Slide 35: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. Crs) Q3FY26 Q3FY25 YoY 9MFY26 9MFY25 YoY Revenue from Operations 142.3 112.2 27% 414.0 342.4 21% Cost of Services 82.1 72.8 245.5 196.3 Gross Profit 60.3 39.4 53% 168.5 146.1 15% Gross Profit % 42.3% 35.1% 40.7% 42.7% Employee Expenses 12.6 11.5
Slide 36: Quarterly Revenue Breakup
Quarterly Revenue Breakup Segmental (By % of Revenue) Geography (By % of Revenue) Revenue (Rs. in cr.) 112 111 138 134 142 53% 51% 58% 58% 58% 55% 50% 53% 52% 60% 20% 26% 18% 22% 30% 28% 23% 25% 25% 24% 27% 13% 13% 12% 11% 16% 23% 16% 17% 18% 11% 10% 9% 8% 9% Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q3FY2
Slide 37: Key Projects during the quarter
Key Projects during the quarter Ayodhya - Jothi Service Station Bhubaneswar - Joy Auto Centre Chandigarh - Banveet Service Station Chandigarh - COCO Semra Kolkata - Golpark Kolkata - UMA Service Station 36 36 SIGNs of Tomorrow
Slide 38: Key Projects during the quarter
Key Projects during the quarter Jaipur - Ganga Jamuna Jaipur - Jai Govind Petrol Pump Jaipur - Sharma Brothers Lucknow – M. S. Goel Kohli & Sons NAGPUR - RBI Chowk Port Blair - Jadwet Trading Company 37 37 SIGNs of Tomorrow
Slide 39: Historical Financials
3 ie Te fe Historical Financials
Slide 40: Historical Financial Highlights
Historical Financial Highlights Revenue (Rs. Cr) Gross Profit (Rs. Cr) & Margin (%) +2% +17% 453 177 387 155 332 124 37.3% 39.9% 39.0% FY23 FY24 FY25 FY23 FY24 FY25 EBITDA (Rs. Cr) & Margin (%) PAT (Rs. Cr) & Margin (%) -3% -16% 89 83 44 70 35 34 21.0% 21.4% 19.6% 10.7% 11.4% 7.5% FY23 FY24 FY25 FY2
Slide 41: Historical Revenue Breakup
Historical Revenue Breakup Segmental (By % of Revenue) Geography (By % of Revenue) 6% 4% 10% 28% 26% 13% 18% FY24 52% FY25 FY24 FY25 55% 17% 60% 19% 73% 19% Transit Media* Digital OOH Conventional OOH & Static Media West South North East Contract Vintage (By % of Revenue) Client Category (By % of Re
Slide 42: Historical Consolidated Profit & Loss Statement
Historical Consolidated Profit & Loss Statement Particulars (Rs. Crs) FY25 FY24 FY23 Revenue from Operations 453.22 387.45 332.45 Cost of Services 276.57 232.84 208.32 Gross Profit 176.65 154.61 124.12 Gross Profit % 39.0% 39.9% 37.3% Employee Expenses 42.71 33.50 26.06 Other Expenses 45.04 38.29 28
Slide 43: Historical Balance Sheet
Historical Balance Sheet ASSETS (Rs. in Crore) FY25 FY24 FY23 EQUITY & LIABILITIES (Rs. in Crore) FY25 FY24 FY23 Non-current Assets Equity Plant and Property Equipments 175.5 160.4 60.9 Equity Share Capital 10.7 10.7 10.7 Capital Work-in-progress 33.1 22.3 26.5 Other Equity 209.5 178.6 136.6 Investm
Slide 44: Historical Cash Flow
Historical Cash Flow Particulars (Rs. in Crore) FY25 FY24 FY23 Net Profit Before Tax 45.5 65.7 50.2 Adjustments for: Non Cash Items / Other Investment or Financial Items 45.3 21.0 31.2 Operating profit before working capital changes 90.7 86.7 81.4 Changes in working capital -36.1 1.4 -63.8 Cash gene
Slide 45: Signpost India Limited – India's Largest Transit & DOOH Media Company
Signpost India Limited India’s Largest Transit & DOOH Media Company Signpost India is one of the country’s leading Digital-Out-of-Home (DOOH) media and transit-art infrastructure companies. We specialize in large-scale public-space communication, transforming urban environments through innovation, t