Signature Global Eyes Rs 125 billion Sales in FY26

14 Jul 2025 CW Team

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)

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..