Signature Global Experiences 5% Decline in Q4 Sales Amid Weak Housing Demand
Signature Global reports 5% drop in Q4 sales bookings on weak demand
Business Standard
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Signature Global, a real estate firm based in Delhi-NCR, reported a 5% drop in pre-sales to ₹1,540 crore in Q4 FY26 due to declining housing demand in Gurugram. For the fiscal year, total sales bookings fell 20% to ₹8,220 crore, significantly below their target of ₹12,500 crore.
- 01Q4 FY26 pre-sales dropped 5% to ₹1,540 crore.
- 02Total sales bookings for FY26 decreased 20% to ₹8,220 crore.
- 03Units sold in Q4 FY26 fell to 368, down from 591 in Q4 FY25.
- 04Average sales realization increased to ₹15,250 per square foot.
- 05The company reduced its debt by 77% to ₹200 crore.
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Signature Global, a real estate company in Delhi-NCR, reported a 5% decline in pre-sales during the fourth quarter of financial year 2025-26 (Q4 FY26), totaling ₹1,540 crore compared to ₹1,620 crore in the same quarter last year. The firm sold 368 units in Q4 FY26, a significant drop from 591 units in Q4 FY25. Overall, for FY26, sales bookings fell 20% to ₹8,220 crore, missing the company's target of ₹12,500 crore due to a slowdown in the Gurugram housing market. Despite the decline in sales volume, the average sales realization rose to ₹15,250 per square foot, up from ₹12,457 in the previous year, indicating a shift towards premium pricing. Chairman Pradeep Kumar Aggarwal emphasized the company's focus on disciplined growth and noted a substantial reduction in net debt, which now stands at ₹200 crore, down from ₹880 crore at the end of FY25. The company maintains a positive outlook, supported by ₹2,770 crore in cash and equivalents as of March 31, 2026, and plans to strategically expand in high-growth markets.
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The decline in sales may lead to fewer job opportunities in the construction and real estate sectors, affecting local economies in Gurugram and surrounding areas.
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