Signature Global, the Gurugram-based real estate developer, has reiterated confidence in achieving its ₹12,500 crore pre-sales target for FY26, despite reporting a 15% decline in sales bookings during the April–June quarter. The company’s Chairman, Pradeep Kumar Aggarwal, attributed the optimism to a robust launch pipeline in Gurugram and sustained demand in the housing segment.
“We are confident of achieving the target of ₹12,500 crore sales bookings in the current fiscal,” said Aggarwal, reaffirming the company’s guidance despite the quarterly dip. He added that housing demand remains strong, especially for developers with a track record of timely project execution.
Signature Global had achieved pre-sales of ₹10,290 crore in FY25, making it the fifth-largest listed real estate developer in the country based on annual sales bookings. Following this performance, the company set a higher guidance for FY26.
In the April–June 2025 quarter, Signature Global reported sales bookings of ₹2,640 crore, down from ₹3,120 crore in the same period last year. The company sold 778 residential units during the quarter, compared to 968 units in April–June 2024. Pre-sales volume also declined 20%, totaling 16 lakh sq ft.
However, the company registered a significant improvement in realization. The average sales realization during the quarter stood at ₹16,296 per sq ft, up from ₹12,457 per sq ft for the entire previous fiscal year. This rise in per sq ft realization reflects the shift towards higher-value inventory or new launches at premium price points.
In addition to pre-sales performance, Signature Global has moved to strengthen its financial position. It recently announced plans to raise ₹875 crore through the issuance of non-convertible debentures (NCDs). The proceeds are intended to refinance existing debt and support business expansion.
Financially, Signature Global posted a net profit of ₹101.2 crore in FY25, a substantial increase from ₹16.32 crore in FY24. The company’s total income also doubled to ₹2,637.99 crore in FY25, compared to ₹1,324.55 crore in the preceding financial year.
Since inception, Signature Global has delivered about 13.5 million sq ft of completed residential developments. Its ongoing development portfolio stands at approximately 46.38 million sq ft, with an additional 21.6 million sq ft in the pipeline for upcoming projects. The company plans to complete most of its under-construction projects within the next 2–3 years.
Aggarwal emphasized that Gurugram will remain the primary focus for project launches in FY26. He noted that consumer confidence continues to favor brands that consistently meet delivery timelines, especially in the mid-income and premium housing segments.
Despite the decline in unit sales and volumes during Q1 FY26, the company’s leadership believes that project launches in the upcoming quarters will help recover momentum. The management expects these launches to align with market demand and contribute significantly to meeting the pre-sales guidance for the year.
