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Signature Global Eyes Rs 125 billion Sales in FY26

2025-07-14

Signature Global is confident of achieving its Rs 125 billion pre-sales target for FY26, despite a 15 per cent year-on-year dip in bookings in the April–June quarter. The company had recorded Rs 102.9 billion in pre-sales in FY25, emerging as the fifth-largest listed real estate firm by bookings.

“We are confident of achieving the target of Rs 125 billion sales bookings in the current fiscal,” said Pradeep Kumar Aggarwal, Chairman, Signature Global. He added that the company has a robust launch pipeline in Gurugram lined up for the rest of the year.

Despite strong housing demand, the company saw a 15 per cent decline in sales bookings in Q1 FY26 to Rs 26.4 billion, down from Rs 31.2 billion in the year-ago period. Units sold dropped to 778 homes, compared to 968 units in Q1 FY25. Pre-sales volume stood at 16 lakh sq ft, down 20 per cent year-on-year. However, the average realisation improved to Rs 16,296 per sq ft in Q1 FY26, compared to Rs 12,457 per sq ft for FY25.

Recently, the company announced plans to raise Rs 875 crore through non-convertible debentures to refinance debt and fund business expansion.

Signature Global posted a net profit of Rs 101.2 crore in FY25, up from Rs 16.32 crore in FY24, while total income rose to Rs 2,637.99 crore from Rs 1,324.55 crore in the previous year.

Since inception, the company has delivered 13.5 million sq ft of housing and has a strong pipeline comprising 21.6 million sq ft of upcoming projects and 46.38 million sq ft of ongoing developments scheduled for completion over the next 2–3 years.

(In photo: Pradeep Aggarwal, Founder and Chairman, Signature Global (India)