Signature Global Drastically Reduces Net Debt to ₹200 Cr in FY26

Realty firm Signature Global Ltd has significantly reduced its net debt by 77% in the last fiscal year, bringing it down to Rs 200 crore on improved cash flow. According to its latest operational update, the firm's net debt stood at Rs 200 crore at the end of 2025-26, a substantial reduction from Rs 880 crore as of March 31, 2025.

The company boasts a strong balance sheet, with Rs 2,770 crore in cash and cash equivalents as of March 31, 2026. This robust financial position enables Signature Global to strategize effectively for the future. Pradeep Kumar Aggarwal, Chairman of Signature Global, highlighted, 'FY26 reflects our continued focus on disciplined growth, with a strong reduction in net debt, which now stands at a historic low, and steady operational performance across key metrics.'

Signature Global, which was the fifth-largest listed real estate firm in 2024-25 in terms of sales bookings, has a significant presence in Gurugram. Recently, the company entered into an equal joint venture with the RMZ group to develop a commercial project in Gurugram. The RMZ group infused Rs 1,293 crore for a 50% stake in the project. The joint venture will invest around Rs 7,500 crore to develop this 18-acre commercial project, and a portion of the funds will be used to reduce debt.

Despite the significant reduction in net debt, the company's sales bookings fell 20% to Rs 8,220 crore in 2025-26 from a record Rs 10,290 crore in the preceding fiscal year. The company sold 2,114 homes in the last fiscal, almost half of the 4,130 units sold in 2024-25. In terms of area, pre-sales fell 35% to 5.39 million sq ft last fiscal from 8.26 million sq ft in 2024-25. However, the average sales realization increased to Rs 15,250 per sq ft from Rs 12,457 per sq ft in 2024-25, driven by price appreciation and a greater supply of luxury homes.

At the beginning of 2025-26, Signature Global set a target of achieving Rs 12,500 crore worth of sales bookings. However, after the third quarter, the company revised its target due to the softening demand in the Gurugram residential market. Despite this, the company has successfully delivered 16.5 million sq ft of real estate so far, with many projects still under construction. This strategic focus on disciplined growth and financial prudence positions Signature Global well for future opportunities and challenges in the real estate sector.