Signature Global Confident of ₹12,500 Crore Pre-Sales Target in FY26
Despite a dip in home sales bookings during the April–June quarter, Signature Global remains confident of achieving its ₹12,500 crore pre-sales target in the current financial year, said Chairman Pradeep Kumar Aggarwal.
The Gurugram-based realty major emerged as the fifth largest listed real estate developer by sales bookings in FY2024-25, registering a record ₹10,290 crore in pre-sales. The company has now set a robust guidance of ₹12,500 crore in sales bookings for FY26, and according to Aggarwal, the company is on track to meet that milestone.“We are confident of achieving the target of ₹12,500 crore sales bookings in the current fiscal,” said Pradeep Kumar Aggarwal.
Strong Launch Pipeline in Gurugram
Signature Global’s optimism is underpinned by a strong upcoming project pipeline in Gurugram, a market that continues to witness healthy residential demand. Aggarwal noted that demand remains strong, especially for developers who have built a track record of timely project execution.
Even as Q1 FY26 (April–June 2025) saw a 15% year-on-year dip in sales bookings—falling to ₹2,640 crore from ₹3,120 crore in the same quarter last year—the company views this as a temporary dip, not a structural concern.
During this quarter, 778 housing units were sold, compared to 968 units in the year-ago period, while pre-sales volume declined by 20% to 16 lakh square feet.
Average Realization and Market Confidence
One key highlight from the quarter was the increase in average sales realization, which stood at ₹16,296 per sq ft, compared to ₹12,457 per sq ft across FY25. This rise indicates premium project positioning and strong buyer appetite, especially in key micro-markets of Gurugram.
Aggarwal remains optimistic that strong fundamentals and an active project pipeline will help recover the initial quarterly dip, ensuring the company stays on course for its annual target.
Business Expansion and Financial Highlights
Recently, Signature Global announced plans to raise ₹875 crore through non-convertible debentures (NCDs). The funds will be used to refinance existing debt and fuel business expansion as the company sharpens its focus on growth in the National Capital Region (NCR).
In FY2024-25, the company reported a net profit of ₹101.2 crore, a remarkable jump from ₹16.32 crore in the previous year. Total income also doubled to ₹2,637.99 crore, up from ₹1,324.55 crore in FY24, reflecting the company’s solid financial performance and operational execution.
Strong Delivery Track Record and Future Projects
Since inception, Signature Global has delivered over 13.5 million sq ft of residential developments. Looking ahead, the company has a pipeline of 21.6 million sq ft of saleable area in future projects and 46.38 million sq ft of ongoing developments, targeted for completion within the next 2–3 years.
This massive project pipeline not only showcases the company’s scale and capability, but also reinforces its role as a leading player in India’s affordable and mid-income housing segments.
