Signature Global Reports 28% Drop in Pre-Sales in Q2 FY26
Real estate developer Signature Global (India) Limited has reported a 28% drop in pre-sales in the September quarter of FY26, reflecting a challenging market environment. Despite this, the company remains optimistic about its future growth potential.
Real EstatePresalesSignature GlobalFinancial PerformanceLand AcquisitionReal Estate MumbaiOct 13, 2025
The total area sold also declined, falling 44% year-on-year (YoY) and 17% quarter-on-quarter (QoQ) to 1.34 million sq. ft, the company informed in its 'Key Operational Updates for Q2 FY26’. Despite the decline in sales volume, collections improved slightly. The company collected Rs 9.4 billion during the quarter, up 2% from the previous financial year and 1% from the last quarter.
The average sales realisation increased to Rs 15,000 per sq. ft., up from Rs 12,457 per sq. ft. in FY25. Signature Global’s net debt rose marginally to Rs 9.7 billion, mainly due to its acquisition of 33.47 acres of land in Sohna. The newly acquired land has the potential to develop 1.76 million sq. ft., strengthening the company’s future development pipeline.
Pradeep Kumar Aggarwal, Chairman and Whole-Time Director of Signature Global, said the company’s performance in the first half of FY26 shows the continued strength of its brand and focus on sustainable growth. He added that steady demand in the company’s core micro markets helped maintain healthy pre-sales and strong collections. Aggarwal also highlighted that the modest rise in net debt was due to the Sohna land acquisition, which offers strong growth potential.
“We have maintained healthy pre-sales and strong collections, supported by steady demand in our core micro markets. Net debt registered a modest rise on account of the land acquisition in Sohna, a promising market with strong growth potential, which further strengthens our development pipeline,” he added. He said that with a solid launch plan and disciplined financial strategy, Signature Global is confident of maintaining growth in the coming quarters and achieving its annual targets for pre-sales, collections, and net debt.
Frequently Asked Questions
What is the percentage drop in pre-sales for Signature Global in Q2 FY26?
Signature Global reported a 28% drop in pre-sales in the September quarter of FY26 compared to the same period in the previous fiscal year.
How much did Signature Global collect during the quarter?
The company collected Rs 9.4 billion during the quarter, which is a 2% increase from the previous financial year and a 1% increase from the last quarter.
What is the average sales realisation per sq. ft. for Signature Global in Q2 FY26?
The average sales realisation increased to Rs 15,000 per sq. ft. in Q2 FY26, up from Rs 12,457 per sq. ft. in FY25.
Why did Signature Global's net debt increase?
The net debt increased marginally to Rs 9.7 billion, mainly due to the acquisition of 33.47 acres of land in Sohna, which has the potential to develop 1.76 million sq. ft.
What is Signature Global's outlook for the future?
Signature Global is confident of maintaining growth in the coming quarters and achieving its annual targets for pre-sales, collections, and net debt, supported by a solid launch plan and disciplined financial strategy.
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