Signature Global Eyes Rs 125 billion Sales in FY26
Real Estate

Signature Global Eyes Rs 125 billion Sales in FY26

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) 

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) 

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