Real Estate

Signature Global Reduces Net Debt by 29% in Q3 FY25

Published: February 10, 2025
Author: HFT

February 2025 – Signature Global has reduced its net debt by 29% in Q3 FY25, bringing it down to ₹720 crore from ₹1,020 crore in the previous quarter. The company’s debt has also declined 38% from ₹1,160 crore at the end of FY24, driven by strong pre-sales and robust customer collections.

Key Financial Highlights

  • Customer Collections: ₹3,210 crore (up 54% YoY from ₹2,090 crore)
  • Total Property Sales (April–December FY25): ₹8,670 crore (up from ₹3,120 crore YoY)
  • Pre-sales Realization: ₹12,565 per sq. ft. (compared to ₹11,762 in FY24)
  • Sales Target for FY25: ₹10,000 crore (compared to ₹7,270 crore in FY24)

Growth & Expansion Strategy

  • Total Delivered Area: 120 lakh sq. ft.
  • Ongoing & Upcoming Projects: 508 lakh sq. ft. of saleable area
  • Recent Land Acquisition:
    • 16.12-acre land in Gurugram (₹300 crore investment, 27-28 lakh sq. ft. developable area)
  • Planned Expansion: Noida & Greater Noida markets
  • New Growth Initiative: Exploring the acquisition of stalled housing projects

Signature Global continues to strengthen its position in the Delhi-NCR real estate market, focusing on expansion and sustainable growth.

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