Signature Global Cuts Debt 77 per cent to Rs 2 bn
Real Estate

Signature Global Cuts Debt 77 per cent to Rs 2 bn

Signature Global reported a 77 per cent reduction in net debt to Rs 2.0 billion in FY26 from Rs 8.8 billion in FY25, marking a historic low and strengthening its balance sheet. The company also held Rs 27.7 billion in cash and cash equivalents as of March 31, 2026.

The company achieved pre-sales of Rs 82.2 billion and collections of Rs 40.0 billion during FY26, reflecting steady operational performance. Average sales realisation rose to Rs 15,250 per sq ft, compared to Rs 12,457 per sq ft in FY25, driven by stronger traction in premium housing segments and price appreciation across key markets.

A strategic milestone was also marked with the receipt of Rs 12.93 billion from Millennia Realtors (RMZ Group) for a joint venture, signalling the company’s entry into large-scale commercial development in the NCR region.

Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, said the company remains focused on disciplined growth, improved financial strength and expansion across high-growth micro-markets, supported by strong execution and prudent capital allocation.

Signature Global continues to strengthen its position in the NCR housing market while expanding into premium and commercial real estate segments.

Signature Global reported a 77 per cent reduction in net debt to Rs 2.0 billion in FY26 from Rs 8.8 billion in FY25, marking a historic low and strengthening its balance sheet. The company also held Rs 27.7 billion in cash and cash equivalents as of March 31, 2026.The company achieved pre-sales of Rs 82.2 billion and collections of Rs 40.0 billion during FY26, reflecting steady operational performance. Average sales realisation rose to Rs 15,250 per sq ft, compared to Rs 12,457 per sq ft in FY25, driven by stronger traction in premium housing segments and price appreciation across key markets.A strategic milestone was also marked with the receipt of Rs 12.93 billion from Millennia Realtors (RMZ Group) for a joint venture, signalling the company’s entry into large-scale commercial development in the NCR region.Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, said the company remains focused on disciplined growth, improved financial strength and expansion across high-growth micro-markets, supported by strong execution and prudent capital allocation.Signature Global continues to strengthen its position in the NCR housing market while expanding into premium and commercial real estate segments.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code