SignatureGlobal (India) Ltd reported consolidated revenue of ₹3.38 billion for the September quarter (Q2 FY26) but incurred a net loss after tax of ₹468.6 million. Despite challenges, the company emphasizes stable collections, improved average sales realization, and strategic land acquisitions to sustain future growth prospects.
SignatureGlobal (India) Ltd disclosed its consolidated financials for the September quarter ending FY26, highlighting a revenue of ₹3.38 billion. However, the firm recorded a net loss after tax of ₹468.6 million, reflecting market headwinds and ongoing investments.
Pre-sales for Q2 FY26 declined by 28% year-on-year to around ₹20.1 billion with the area sold shrinking 44% YoY to 1.34 million square feet. The downturn is attributed to reduced fresh housing supply amid broader real estate sector moderation.
On the positive side, collections maintained steadiness, marginally improving by 2% YoY to ₹9.4 billion, demonstrating strong cash flows from ongoing projects. Average sales realization rose notably to ₹15,000 per sq. ft., up from ₹12,457 per sq. ft. in FY25, reflecting robust pricing and product mix enhancements.
Net debt edged up to ₹9.7 billion, partly due to an important land acquisition in Sohna, adding 33.47 acres with development potential of 1.76 million sq. ft., bolstering future project pipeline.
Chairman Pradeep Kumar Aggarwal expressed confidence in achieving annual sales targets through disciplined financial management and a robust launch pipeline.
Key Highlights:
Q2 FY26 consolidated revenue: ₹3.38 billion; net loss: ₹468.6 million after tax
Pre-sales down 28% YoY to ₹20.1 billion; area sold declined 44% YoY
Collections steady at ₹9.4 billion, up 2% YoY
Average sales realization improved to ₹15,000/sq. ft. from ₹12,457/sq. ft. in FY25
Net debt rose slightly to ₹9.7 billion due to strategic land acquisition in Sohna
Management confident of meeting FY26 sales targets focusing on sustainable growth
Sources: CNBC TV18, Free Press Journal, Economic Times, ScanX Trade