Signatureglobal , a prominent player in India's real estate sector, has reported sales of INR 46.60 billion in the first half of fiscal year 2026. The company is now gearing up for project launches in the second half, aiming to maintain its growth momentum.

H1 FY26 Performance

Signature Global achieved sales of INR 46.60 billion in H1 FY26, marking a strong start to the fiscal year. This performance puts the company on track to meet its annual sales guidance of INR 125.00 billion.

Launch Plans

The company has announced plans to launch approximately 8 million square feet of new projects in H2 FY26, with an estimated Gross Development Value (GDV) between INR 130.00-140.00 billion. These launches are expected to be concentrated in two key areas:

1. Sector 37D: Approximately 3.6 million square feet
2. Sector 71: Over 4 million square feet

Financial Highlights

• Collections: INR 18.60 billion in H1 FY26
• Revenue Recognition: INR 12.00 billion in H1 FY26
• Gross Profit Margin: 29% (up from 23% in the previous year)

Strategic Funding

Signature Global has raised INR 8.75 billion through Non-Convertible Debentures (NCDs) from the International Finance Corporation (IFC), marking its first listed debt transaction. This funding is intended for developing mid-income and ESG-aligned housing projects while also strengthening the company's balance sheet.

FY26 Guidance

The company has maintained its guidance for FY26:

Future Outlook

Rajat Kathuria, CEO of Signature Global, expressed confidence in achieving the company's FY26 guidance, citing market conditions and a launch pipeline. The company is focusing on launching projects with smaller unit sizes (around 1,800 square feet) to maintain attractive ticket sizes for end-users.

Signature Global is also working on improving construction efficiency, having onboarded Bain & Company to assist in completing projects worth approximately INR 100.00 billion over the next 18-20 months.

As the real estate sector continues to be a significant contributor to India's GDP, Signature Global's performance and plans reflect the sentiment in the market. The company's focus on mid-income and ESG-aligned housing projects, coupled with its financial management, positions it for continued operations in the real estate landscape.

Signatureglobal , a prominent real estate developer in India, has reported its financial results for the first half of fiscal year 2026 (H1FY26), showcasing resilience in a dynamic market environment.

Financial Highlights

• Pre-Sales: The company achieved pre-sales of INR 46.60 billion in H1FY26, compared to INR 59.00 billion in H1FY25, representing a 21% year-over-year decline.
• Revenue: Revenue from operations stood at INR 12.00 billion, a 4% increase from INR 11.50 billion in H1FY25.
• Collections: Collections were INR 18.60 billion, down 13% from INR 21.30 billion in the same period last year.
• Profitability: The company reported a loss after tax of INR 0.12 billion for H1FY26, compared to a profit of INR 0.11 billion in H1FY25.

Operational Performance

• Sales Realization: Average sales realization increased to INR 15,731 per square foot in H1FY26, up from INR 12,457 per square foot in FY25, indicating a shift towards premium offerings.
• Area Sold: The company sold 2.96 million square feet in H1FY26, compared to 4.41 million square feet in H1FY25.
• Units Sold: 1,338 units were sold in H1FY26, down from 2,021 units in H1FY25.

Financial Position

• Net Debt: Net debt increased to INR 9.70 billion as of September 30, 2025, from INR 8.80 billion at the end of March 2025.
• Gross Profit Margin: Adjusted gross profit margin improved to 29% in H1FY26 from 23% in H1FY25.
• EBITDA Margin: Adjusted EBITDA margin decreased to 6.4% in H1FY26 from 11% in H1FY25.

Business Development

During H1FY26, Signatureglobal added approximately 2.3 million square feet to its development portfolio. In Q2FY26, the company acquired 33.47 acres of land, with 30.86 acres being in collaboration within its existing key micro-market, 'Sohna'.

Management Commentary

Pradeep Aggarwal, Founder & Chairman of Signatureglobal, commented on the results: "Today, Signatureglobal stands among the fastest-growing real estate companies in the country. As Delhi-NCR's housing market continues to witness steady demand and strong buyer confidence driven by improving infrastructure, urban expansion, and rising aspirations for quality housing, we have continued to strengthen our focus on timely delivery, customer satisfaction, and transparent practices."

He added, "With strategic land acquisitions and a healthy launch pipeline in the coming quarters, we remain focused on strengthening our performance and capturing emerging market opportunities. Aligned with this approach, we are confident of achieving our pre-sales guidance and remain fully comfortable with our outlook across all key operating metrics, including collections, revenue recognition, and overall financial performance."

Future Outlook

Despite the challenges faced in H1FY26, Signatureglobal maintains its FY26 guidance of INR 125.00 billion in pre-sales. The company plans to launch 75% of its projects in the second half of the fiscal year, which is expected to drive growth in operating cash flow.

Signatureglobal continues to focus on its core markets in the Delhi-NCR region, with a strong pipeline of ongoing and forthcoming projects totaling approximately 55 million square feet across various segments including affordable housing, mid-income housing, and premium residences.

As the real estate market in Delhi-NCR shows signs of steady demand, Signatureglobal remains positioned to capitalize on emerging opportunities while maintaining its commitment to quality and customer satisfaction.