Signature Global Reports 28% Drop in Q2 Pre-Sales, Maintains Stable Collections at ₹9.4 Billion
Real estate developer Signature Global (India) Ltd reported a 28% year-on-year decline in pre-sales for Q2 FY26, while collections remained stable at ₹9.4 billion. The company's average sales realization improved to ₹15,000 per sq. ft., and net debt increased slightly to ₹9.7 billion due to land acquisition in Sohna.
Real EstatePresalesCollectionsNet DebtLand AcquisitionReal Estate NewsOct 12, 2025
Pre-sales for the quarter stood at ₹20.1 billion, marking a 28% year-on-year decrease and a 24% sequential decline. The area sold also fell by 44% year-on-year and 17% quarter-on-quarter to 1.34 million sq. ft. Despite these reductions, the company managed to maintain collections at ₹9.4 billion, a 2% year-on-year and 1% quarter-on-quarter increase.
During the quarter, the average sales realization saw a notable improvement, rising to ₹15,000 per sq. ft. compared to ₹12,457 per sq. ft. in FY25. This increase can be attributed to higher pricing and a more favorable product mix, which helped offset the decline in pre-sales volume.
The company’s net debt increased marginally to ₹9.7 billion, primarily due to the acquisition of 33.47 acres of land in Sohna, which has a development potential of 1.76 million sq. ft. This strategic land acquisition is expected to enhance Signature Global's development pipeline and position the company for future growth in a promising market.
Commenting on the results, Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, stated, “Our performance in the first half of FY26 reflects the continued strength of our brand and our strategic focus on sustainable growth. We have maintained healthy pre-sales and strong collections, supported by steady demand in our core micro markets.”
He further added, “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. With a robust launch plan and a disciplined financial approach, we remain confident of sustaining growth momentum in the coming quarters, meeting our annual performance targets across key parameters, and are fully comfortable with our guidance across all operating metrics, including pre-sales, collections, and net debt.”
Signature Global (India) Ltd is a leading real estate developer known for its commitment to quality and customer satisfaction. The company operates in various micro-markets and continues to adapt to market conditions to ensure long-term success and value for its stakeholders.
Frequently Asked Questions
What was the percentage decline in pre-sales for Signature Global in Q2 FY26?
Signature Global reported a 28% year-on-year decline in pre-sales for Q2 FY26.
How much did collections increase in Q2 FY26 compared to the previous year?
Collections increased by 2% year-on-year in Q2 FY26, reaching ₹9.4 billion.
What was the average sales realization per sq. ft. in Q2 FY26?
The average sales realization in Q2 FY26 improved to ₹15,000 per sq. ft.
Why did the net debt increase in Q2 FY26?
The net debt increased to ₹9.7 billion primarily due to the acquisition of 33.47 acres of land in Sohna.
What is Signature Global's strategy for future growth?
Signature Global's strategy includes a robust launch plan, a disciplined financial approach, and strategic land acquisitions to enhance its development pipeline and position the company for future growth.
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