Signature Global Achieves Top-Tier GRESB Score in Debut, Highlighting ESG Excellence

2 min read     Updated on 13 Oct 2025, 06:46 PM
scanx
Reviewed by
Radhika SahaniScanX News Team
Overview

Signature Global, an Indian real estate company, achieved a score of 84 in its first Global Real Estate Sustainability Benchmark (GRESB) assessment, ranking among top first-time participants globally. The company scored 100 in Leadership & Governance, demonstrating strong ESG practices. Signature Global utilizes the GRI framework for environmental and social disclosures and has received multiple awards for sustainability. The company holds a 13% market share in NCR and 20% in Gurugram's INR 20-50 million range, with a project pipeline of 50.80 million sq. ft. and sales bookings of INR 102.90 billion. Backed by investors like Nomura and HDFC, Signature Global has expanded from affordable housing to mid and premium segments.

21906985

*this image is generated using AI for illustrative purposes only.

Signatureglobal , a prominent player in India's real estate sector, has made a remarkable debut in the Global Real Estate Sustainability Benchmark (GRESB), securing a score of 84 and positioning itself among the top-performing first-time participants globally. This achievement underscores the company's commitment to environmental, social, and governance (ESG) principles in its operations.

Leadership & Governance Excellence

Signature Global's performance in the GRESB assessment was particularly noteworthy in the Leadership & Governance category, where it achieved a perfect score of 100. This reflects the company's well-defined ESG roles and objectives, as well as its comprehensive Environmental and Social policies guiding responsible operations across its projects.

Sustainability Practices and Recognitions

Signature Global's commitment to sustainability extends beyond policy to practice. The company utilizes the Global Reporting Initiative (GRI) framework for its environmental and social disclosures, ensuring transparency and alignment with global standards. Its focus on sustainability is evident in various aspects of its operations:

  • Design and materials selection
  • Community initiatives
  • Contractor practices
  • Energy efficiency
  • Water conservation
  • Waste management

These efforts have been recognized through several recent accolades:

  • 'Sustainable Business Leader of the Year' at the 17th Realty+ Conclave & Excellence Awards
  • 'Most Environment-Friendly Residential Project' for Signature Global Titanium SPR
  • Recognition at The Economic Times Real Estate Awards for Signature Global Park in the Environment-Friendly Residential category
  • 'Best Green Development (India)' for Signature Global Titanium SPR at the PropertyGuru Asia Property Awards

Market Position and Financial Performance

Signature Global has established a strong presence in the National Capital Region (NCR) real estate market:

Metric Value
Market share in NCR 13.00%
Market share in Gurugram (INR 20-50 million range) 20.00%
Delivered real estate 15.70 million sq. ft.
Project pipeline 50.80 million sq. ft.
Sales bookings INR 102.90 billion
Sales CAGR 58.00%

The company's robust project pipeline includes 17.1 million sq. ft. of recently launched projects, 24.5 million sq. ft. of forthcoming developments, and 9.2 million sq. ft. of ongoing construction, all scheduled for execution over the next 2–3 years.

Strategic Evolution and Investor Backing

While Signature Global initially made its mark in the affordable housing segment, it has strategically expanded its focus to include mid and premium housing categories. This evolution is supported by a strong emphasis on quality execution, value creation, and adherence to global standards.

The company's commitment to high standards of corporate governance is reinforced by the backing of marquee institutional investors, including Nomura, HDFC, IFC, and Standard Chartered.

Pradeep Aggarwal, Founder & Chairman of Signature Global (India) Ltd., expressed pride in the company's recognition, stating, "It gives us immense pleasure to be recognized for our firm commitment to sustainability and responsible development. From design and materials to community initiatives and operational practices, we at Signature Global aim to incorporate ESG principles at every step. This recognition motivates us to continuously raise the bar and deliver projects that are not only high-quality but also environmentally and socially responsible."

As Signature Global continues to set new benchmarks in sustainable development and responsible real estate practices, its GRESB debut score of 84 serves as a testament to its dedication to building a resilient and responsible future in the Indian real estate sector.

Historical Stock Returns for Signatureglobal

1 Day5 Days1 Month6 Months1 Year5 Years
+4.29%+4.29%-7.89%-7.70%-31.85%+127.59%
Signatureglobal
View in Depthredirect
like16
dislike

Signature Global Reports 28% Decline in Q2FY26 Pre-Sales Despite Higher Realizations

2 min read     Updated on 11 Oct 2025, 10:09 PM
scanx
Reviewed by
Ashish ThakurScanX News Team
Overview

Signatureglobal experienced a 28% year-over-year decline in pre-sales to INR 20.10 billion for Q2FY26. Units sold decreased by 46% to 573, and area sold fell by 44% to 1.34 million sq.ft. However, average sales realization improved by 20% to INR 15,000/sq.ft. Collections increased marginally by 2% to INR 9.40 billion. The company acquired 33.47 acres of land with 1.76 million sq.ft development potential. Net debt rose to INR 9.70 billion at H1FY26 end from INR 8.80 billion at FY25 end.

21746351

*this image is generated using AI for illustrative purposes only.

Signatureglobal , a prominent player in the Indian real estate sector, has reported a significant decline in pre-sales for the second quarter of fiscal year 2026, despite achieving higher average sales realization.

Key Financial Highlights

Particulars Q2FY26 Q2FY25 YoY Change
Pre-sales (INR bn) 20.10 27.80 -28%
Units Sold 573 1,053 -46%
Area Sold (mn sq.ft.) 1.34 2.38 -44%
Collections (INR bn) 9.40 9.20 +2%
Avg. Sales Realization (INR/sq.ft.) 15,000 12,457* +20%

*FY25 figure

Pre-Sales and Realizations

Signatureglobal experienced a 28% year-over-year decline in pre-sales, which stood at INR 20.10 billion for Q2FY26, compared to INR 27.80 billion in the same quarter last year. However, the company managed to improve its average sales realization, reaching INR 15,000 per square foot in Q2FY26, up from INR 12,457 per square foot in FY25, representing a 20% increase.

Sales Volume and Collections

The company sold 573 units covering 1.34 million square feet in Q2FY26, a significant decrease from 1,053 units and 2.38 million square feet in the previous year's quarter. Despite the lower sales volume, collections increased marginally to INR 9.40 billion from INR 9.20 billion year-over-year, indicating improved efficiency in realizing payments from existing sales.

Land Acquisition and Development Potential

During the quarter, Signatureglobal acquired 33.47 acres of land, with 30.86 acres in collaboration within the Sohna micro-market. This acquisition offers a development potential of approximately 1.76 million square feet, potentially bolstering future project pipelines.

Financial Position

The company's net debt rose to INR 9.70 billion at the end of H1FY26 from INR 8.80 billion at the end of FY25. This increase in debt levels could be attributed to the recent land acquisitions and ongoing project developments.

Management Outlook

Despite the decline in pre-sales, Signatureglobal's management expressed confidence in their guidance across key operating metrics, including pre-sales, collections, and net debt. This optimism suggests that the company may have strategies in place to address the current challenges and capitalize on the higher realizations achieved.

Conclusion

While Signatureglobal faces headwinds in terms of sales volume, the improved realizations and steady collections indicate resilience in the company's operations. The strategic land acquisitions could potentially drive future growth, but investors may want to keep an eye on the rising debt levels and the company's ability to convert its land bank into successful projects in the coming quarters.

Historical Stock Returns for Signatureglobal

1 Day5 Days1 Month6 Months1 Year5 Years
+4.29%+4.29%-7.89%-7.70%-31.85%+127.59%
Signatureglobal
View in Depthredirect
like19
dislike
More News on Signatureglobal
Explore Other Articles
1,043.60
+42.90
(+4.29%)