Signature Global Reports Q2 Pre-sales Decline Despite Improved Realisation
Signature Global (India) Ltd reports a 28% YoY decline in pre-sales and a 44% YoY drop in area sold, but collections remain stable and average sales realisation improves by 20.4%.
Real EstatePresalesCollectionsSales RealisationNet DebtReal Estate NewsOct 12, 2025
Signature Global experienced a significant downturn in its pre-sales for the quarter. The pre-sales value declined by 28% year-over-year (YoY) to ₹20.10 billion, and the area sold dropped by 44% YoY to 1.34 million sq. ft. These figures indicate challenging market conditions for the company during this period.
Despite the decline in pre-sales, Signature Global managed to maintain stable collections and improve its average sales realisation. Collections stood at ₹9.40 billion, marking a 2% YoY increase. The average sales realisation improved by 20.4% to ₹15,000 per sq. ft., up from ₹12,457 per sq. ft. in the previous fiscal year. This reflects the company's success in enhancing its pricing strategy and product mix.
The company reported a slight increase in its net debt to ₹9.70 billion. This marginal rise is attributed to the acquisition of 33.47 acres in Sohna, which has a development potential of 1.76 million sq. ft. This strategic move suggests that Signature Global is positioning itself for future growth despite the current market challenges.
Chairman Pradeep Kumar Aggarwal expressed confidence in the company's trajectory, stating that Signature Global is poised to sustain its growth momentum. He affirmed the company's commitment to meeting its annual performance targets across key parameters. While the decline in pre-sales and area sold presents immediate challenges, the stable collections, improved sales realisation, and strategic land acquisition indicate that Signature Global is taking steps to navigate the current market conditions and prepare for future opportunities in the real estate sector.
Frequently Asked Questions
What was the pre-sales value for Signature Global in Q2?
The pre-sales value for Signature Global in Q2 was ₹20.10 billion, a decline of 28% YoY.
How much area did Signature Global sell in Q2?
Signature Global sold 1.34 million sq. ft. of area in Q2, a 44% YoY decrease.
What was the change in collections for Signature Global in Q2?
Collections for Signature Global in Q2 were ₹9.40 billion, a 2% YoY increase.
What is the new average sales realisation for Signature Global?
The new average sales realisation for Signature Global is ₹15,000 per sq. ft., a 20.4% improvement over the previous fiscal year.
Why did Signature Global's net debt increase in Q2?
Signature Global's net debt increased to ₹9.70 billion due to the acquisition of 33.47 acres in Sohna, which has a development potential of 1.76 million sq. ft.
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