Signature Global Ltd reported a slowdown in its bookings as pre-sales declined in the fourth quarter and over the year, reflecting weak demand in the Gurugram housing market. The realty firm said in a regulatory filing that the fourth quarter pre-sales fell by five per cent and that full year sales bookings were down year on year. The filing was submitted on Wednesday and characterised the trend as a moderation after a record prior year.

In the fourth quarter the company recorded pre-sales of Rs 1,540 crore, equivalent to 15.4 billion (bn), compared with Rs 1,620 crore or 16.2 bn in the year-ago quarter. The decline of five per cent in quarterly pre-sales reflected subdued buyer interest in completed and under-construction projects in Gurugram. The company noted the sequential and year-on-year movements in the filing without offering management commentary in the document.

For fiscal 2025-26 Signature Global reported sales bookings of Rs 8,220 crore, equivalent to 82.2 bn, marking a fall of 20 per cent from a record Rs 10,290 crore or 102.9 bn in the preceding year. The filing set out that the drop follows a strong previous year and attributed the contraction primarily to slower housing demand in Gurugram, Haryana. The reduction in annual bookings contrasted with the company achieving a record level of sales in the prior fiscal.

The regulatory disclosure underlines a shift from the prior year peak and will be watched by investors and analysts for implications on project timelines and cash flows. Market participants said the performance highlights broader signs of cooling in some micro markets even as demand remains uneven across regions. Signature Global's published statement confined itself to the bookings figures and the company filing did not elaborate on remedial measures.