Realty firm Signature Global Ltd's net debt has almost doubled to Rs 390 crore during the first quarter of this fiscal compared with March-end as the company looks to expand business. Its net debt stood at Rs 200 crore as on March 31, 2026. "As of June 30, 2026, the company maintained cash and bank balances (including fixed deposits) of Rs 25.22 billion, reinforcing its strong balance sheet and providing sufficient financial flexibility to support future growth and operational requirements," Signature Global said in a regulatory filing on Tuesday. The company on Tuesday reported a 25 per cent decline in its sales bookings to Rs 1,970 crore for the first quarter of this fiscal amid lower volumes. Its sales bookings or pre-sales stood at Rs 2,640 crore in the year-ago period. For the current fiscal year, Gurugram-based Signature Global has given a pre-sales guidance of Rs 10,000 crore. The company sold properties worth Rs 8,250 crore in the 2025-26 fiscal and became the fifth-large
Realty firm Signature Global will invest around Rs 3,500 crore this fiscal year on land acquisition in Gurugram region and construction activities as it maintains positive outlook towards housing demand despite global uncertainties, its Chairman Pradeep Aggarwal said. In an interview with PTI, he noted that the Gurugram housing market did face "little bit of softness" on demand side during the second half of the 2025-26 fiscal year, after registering a sharp rally in sales as well as prices during 2022-2024 calendar years. However, Aggarwal strongly believes that the Gurugram housing market would return to normalcy this fiscal year. On the growth plans and targets for 2026-27 fiscal year, he said the company has set a target to achieve 21 per cent growth in sales bookings this fiscal year to Rs 10,000 crore on strong launch pipeline and residual inventories in the under-construction real estate projects. "We will be investing around Rs 2,000 crore on construction activities this ..
Realty firm expects stronger sales momentum from branded residential projects and existing inventory in Gurugram during FY27
Signature Global has partnered Tonino Lamborghini to develop a branded residences project in Gurugram, with a planned investment of Rs 2,890 crore and expected GDV of Rs 4,000 crore
Realty firm Signature Global Ltd has reduced its net debt by 77 per cent in the last fiscal to Rs 200 crore on better cash flow. According to its latest operational update, Signature Global's net debt was Rs 200 crore at the end of 2025-26 against Rs 880 crore as of March 31, 2025. "The company has Rs 2,770 crore of cash and cash equivalents as of March 31, 2026, which enables a very strong balance sheet position to strategise our foreseeable future," the company said. Signature Global, which was the fifth-largest listed real estate firm in 2024-25 in terms of sales bookings, has a significant presence in Gurugram. Recently, Signature Global and RMZ group finalised their equal joint venture to develop a commercial project in Gurugram, with the latter infusing Rs 1,293 crore for a 50 per cent stake. The company would use part of this fund to pare debt. The JV will invest around Rs 7,500 crore to develop this 18-acre upcoming commercial project. Pradeep Kumar Aggarwal, Chairman of
Realty firm reports decline in Gurugram demand as FY26 bookings fall 20% to Rs 8,220 crore, missing guidance, even as average realisation improves on premiumisation
RMZ acquires 50 per cent stake in subsidiary GCL; partners form joint venture to develop large mixed-use commercial project on Gurugram's Southern Peripheral Road corridor
The Nifty Realty index was hit hard over the past few weeks, crashing 15 per cent due to rising oil prices amid supply disruption fears, leaving investors jittery about the rate-cut cycle
The Nifty Realty index tanked over 34 points or 4.8 per cent to the day's low at 662.85
The brokerage views the development as a strategic diversification into annuity-generating assets, while retaining focus on the residential segment
Realty firm Signature Global has formed an equal joint venture with RMZ Group to develop a mixed-use project in Gurugram, with the Bengaluru-based firm investing Rs 1,283 crore. In a regulatory filing, Signature Global said it has formed a joint venture with RMZ to develop a mixed-use project, comprising office buildings, hotels, and retail spaces on the Southern Peripheral Road (SPR) in Gurugram. Under the agreement, Signature Global and RMZ will form a 50:50 joint venture. RMZ has committed an investment of Rs 1,283 crore to acquire a 50 per cent equity stake in the project, the filing said. As part of the transaction, Gurugram Commercity Ltd (GCL), a wholly-owned subsidiary of Signature Global, and Millennia Realtors, an RMZ entity, have entered into a Securities Subscription and Purchase Agreement (SSPA). Under the SSPA, RMZ will acquire a 50 per cent equity stake in GCL through a combination of share purchase and share subscription, for an aggregate consideration of up to Rs
Realty firm Signature Global has posted a consolidated net loss of Rs 45.33 crore in the quarter ended December on lower income. The company had posted a net profit of Rs 29.13 crore in the year-ago period. Total income fell to Rs 312.76 crore during October-December period of this fiscal from Rs 862.14 crore in the corresponding period of the preceding year, according to a regulatory filing on Tuesday. Pradeep Aggarwal, Founder and Chairman of Signature Global (India) Ltd, said the company has continued to deliver steady performance during the first nine months of this fiscal. "While the real estate market has witnessed some softness, the current environment clearly favours developers with a proven track record of delivering quality homes and truly consumer-centric offerings. Our recently launched wellness-centric project, Sarvam at DXP Estate, has received robust demand, reflecting evolving buyer preferences towards thoughtfully designed, health-focused living spaces," he ...
In the past one week, the smallcap index tanked 6 per cent, as against the 2.9 per cent fall in BSE Sensex.
The overall market environment, Signatureglobal (India) said, has turned softer and that has impacted the company
Signature Global's Q3 FY26 sales bookings fell 27% to ₹2,020 crore as housing demand softened and delayed project launches limited festive-season momentum
Realty firm Signature Global on Sunday reported a 27 per cent decline in its sales bookings to Rs 2,020 crore for the quarter ended December, despite high festive demand for housing properties. The Gurugram-based company had sold properties worth Rs 2,770 crore in the year-ago period. In a regulatory filing, Signature Global informed that it has sold 408 units during the October-December period of this fiscal year, compared to 1,518 units in the year-ago period. In terms of area, the sales bookings fell to 1.44 million sq ft from 2.49 million sq ft. Real estate developers generally clock better sales bookings during the October-December period because of festive demand. Signature Global did not mention any reason for the decline in sales bookings during the third quarter. The company launched a big housing project on Dwarka Expressway only late last month. This could be one of the reasons for the drop in sales bookings. During the first nine months of this fiscal, Signature Glob
Realty firm Signature Global will invest Rs 4,800 crore to develop a luxury housing project in Gurugram as part of its strategy to expand business amid strong consumer demand. The company, which emerged as the fifth-largest listed realty firm last fiscal in terms of sales bookings, has recently launched a new project, 'Sarvam at DXP Estate', spread over 13.56 acre. The project, located on Dwarka Expressway, Sector 37D in Gurugram, will have 1,798 apartments. In the first phase, the company is offering 50 per cent of the total units for sale in a price range of Rs 3-4 crore per unit. "The total investment in the development of this project is estimated at around Rs 4,800 crore," Signature Global founder and Chairman Pradeep Aggarwal told PTI. The company will meet the investment largely through internal accruals, which include advances from customers. The construction works will start soon, and the project is expected to be completed by 2032. Aggarwal highlighted that the company
Signatureglobal shares fell after it reported a net loss of ₹46.86 crore in the September quarter, compared to a profit of ₹4.15 crore in the same period last year
The developer also saw a 56 per cent year-on-year (Y-o-Y) drop in revenue from operations for Q2FY26 to Rs 338.49 crore, down from Rs 749.28 crore in Q2FY25
The Delhi NCR-based developer will use the funds to develop mid-income and ESG-aligned housing projects, repay Rs 470 crore of debt, and strengthen its balance sheet