Signature Global Reports 23% Decline in Nine-Month Pre-Sales to ₹66.8 Billion
Signature Global reported ₹66.8 billion pre-sales for nine months ending December 2025, down 23% from ₹86.7 billion last year, while Q3 collections rose 14% to ₹12.3 billion. The company sold 1,746 units, a 51% decline, but achieved 22% higher average realisation at ₹15,182 per square foot. Shares hit 52-week low of ₹935.90 amid performance concerns, though management remains confident in strategic direction.
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Signature Global (India) Limited experienced mixed financial performance in the nine months ending December 2025, with pre-sales declining significantly while collections showed resilience. The Delhi-NCR real estate developer's shares reflected market concerns, hitting a 52-week low amid broader performance challenges.
Financial Performance Overview
The company's operational metrics for the nine-month period presented a contrasting picture of challenges and improvements:
| Metric | 9M FY26 | 9M FY25 | Change (%) |
|---|---|---|---|
| Pre-sales | ₹66.8 billion | ₹86.7 billion | -23% |
| Collections | ₹30.9 billion | ₹32.1 billion | -4% |
| Units Sold | 1,746 | 3,539 | -51% |
| Area Sold | 4.40 mn sq ft | 6.90 mn sq ft | -36% |
| Average Realisation | ₹15,182/sq ft | ₹12,457/sq ft | +22% |
Quarterly Results Show Mixed Trends
Third quarter performance revealed similar patterns, with pre-sales declining 27% year-on-year to ₹20.2 billion from ₹27.7 billion in Q3 FY25. However, collections provided a positive highlight, rising 14% to ₹12.3 billion compared to ₹10.8 billion in the previous year's corresponding quarter.
Market Position and Strategic Focus
Despite volume challenges, Signature Global demonstrated pricing power through significantly improved average sales realisation. The increase to ₹15,182 per square foot in 9M FY26 from ₹12,457 per square foot in FY25 was driven by higher sales in premium markets and strategic price increases across key regions.
The company maintains a strong market position with a 13% market share in the National Capital Region and 20% in Gurugram within the ₹20-50 million price segment. As of H1 FY26, Signature Global has delivered 16 million square feet of real estate with a pipeline of 17.1 million square feet in recently launched projects.
Financial Position and Debt Metrics
| Parameter | December 2025 | Previous Year | Q2 FY26 |
|---|---|---|---|
| Net Debt | ₹10.2 billion | ₹10.2 billion | ₹8.8 billion |
Net debt remained unchanged at ₹10.2 billion compared to the previous year but increased from ₹8.8 billion in Q2 FY26.
Management Outlook
Chairman Pradeep Kumar Aggarwal attributed the performance to sustained demand in focused micro-markets and positive customer response to the company's wellness-centric premium project, Sarvam at DXP Estate on Dwarka Expressway. He indicated that current momentum and planned launches keep the company aligned with guidance, suggesting confidence in the strategic direction despite current volume challenges.
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