Realty firm Signature Global remains confident of achieving its Rs 125 billion pre-sales target for FY26, despite reporting a 15 per cent year-on-year decline in sales bookings for the April–June quarter.

The Gurugram-based developer, which recorded Rs 102.9 billion in bookings during FY25, was the fifth largest listed real estate company by sales bookings last year.

“We are confident of achieving the Rs 125 billion target this fiscal,” said Chairman Pradeep Kumar Aggarwal, citing a robust launch pipeline in Gurugram and strong housing demand among reputed developers.

In Q1 FY26, Signature Global sold 778 homes worth Rs 26.4 billion, down from 968 units valued at Rs 31.2 billion a year ago. Volumes also dipped by 20 per cent to 1.6 million sq ft, though average sales realisation rose to Rs 16,296 per sq ft, compared to Rs 12,457 per sq ft in FY25.

The company recently announced a Rs 8.75 billion fundraise through non-convertible debentures to refinance debt and support expansion.

For FY25, Signature Global posted a net profit of Rs 1.01 billion, a sharp rise from Rs 163.2 million in the previous year. Total income grew to Rs 26.38 billion, nearly doubling from Rs 13.24 billion in FY24.

Since inception, the company has delivered 13.5 million sq ft of housing projects, with a future pipeline of 21.6 million sq ft and 46.38 million sq ft under development, slated for completion over the next 2–3 years.