Signature Global announced strong performance in 9M’FY26, selling over 1,700 units with an average ticket size of INR 38.2 Mn. Sales reached INR 66.8 bn, with average realization at INR 15,182 per sqft. The company added approximately 2.3 mn sqft to its portfolio, focusing on key micro-markets. They project revenue of INR 104 Bn from ongoing projects and aim to maintain net debt below 0.5x the projected operating surplus.
Sales and Realizations
Signature Global reported strong sales performance for 9M’FY26, having sold more than 1,700 units. Key highlights include:
- INR 20.2 bn in sales for Q3’FY26.
- Total sales of INR 66.8 bn for 9M’FY26.
- Average sales realization of INR 15,182 per sqft in 9M’FY26.
Portfolio Expansion
The company expanded its portfolio, adding approximately 2.3 mn sqft, focusing on key micro markets:
- Total saleable area of 55.6 mn sqft.
- Recent launches account for 21.0 mn sqft.
- Aim to launch projects in the next 2-3 years.
Financial Position and Guidance
Key financial metrics and future expectations include:
- Operating cash surplus before investment in land of INR 8.6 bn in 9M’FY26.
- Net debt stood at INR 10.2 bn as of December 31, 2025.
- Targeting net debt below 0.5x the projected operating surplus.
- Estimated revenue recognition of approximately INR 104 bn from ongoing projects.
Focus Areas
The company is concentrating on three key micro-markets:
- Sector 71 (18.5 mn sqft).
- Sohna Elevated Corridor (7.5 mn sqft).
- Sector 37D (9.5 mn sqft).
Annual Guidance
FY26 guidance includes:
- Collections of 60 INR Bn
- Earlier pre-sales guidance reflected stronger visibility at the time; current focus remains on sustaining last-year sales levels with launches on track.
Source: BSE