Gurugram, April 8, 2025 – SignatureGlobal (India) Ltd, a leading affordable housing player, has registered strong financial performances in FY25. The organization posted ₹16.2 billion pre-sales in Q4 FY25, a strong indicator of demand for its developments, as well as an impressive reduction of its net debt to ₹8.8 billion, demonstrating the strength of financial prudence.
Highlights:
Reduction of debt
SignatureGlobal lowered its net debt to ₹8.8 billion as on FY25, from ₹12.3 billion in FY24—a whopping 28% decline year-on-year.
The decline was propelled by better cash flows due to stepped-up project completion and robust pre-sales performance.
Pre-Sales Performance:
Pre-sales for Q4 FY25 stood at ₹16.2 billion for the company, higher than ₹13.3 billion in Q4 FY24, a 22% year-on-year increase.
February 2025 witnessed pre-sales of around ₹5 billion, out of which March made a notable contribution to the quarter's sales because of high demand in Delhi-NCR and other surrounding areas.
Market Trends:
SignatureGlobal's concentration on affordable housing mirrors India's increasing urbanization and governmental programs such as PMAY (Pradhan Mantri Awas Yojana), which stimulate demand for houses worth between ₹25 lakh and ₹1.5 crore.
The company's projects are directed towards first-time homebuyers and middle-class families.
Leadership Insights:
Pradeep Aggarwal, SignatureGlobal Chairman, said:
"Our healthy pre-sales and debt reduction are a testament to our focus on providing quality affordable housing while being financially disciplined."
Outlook:
With lower debt and strong sales performance, SignatureGlobal is well-positioned for expansion into high-demand markets while continuing to lead in affordable housing.
Conclusion:
SignatureGlobal's FY25 performance underscores its growth and financial stability focus in India's competitive real estate market.
Source: Economic Times; April 8, 2025