New Delhi, Delhi, 7th of January, 2025 : Signature Global (BSE: 543990 | NSE: SIGNATURE), amongst the leading real estate development companies in India with a well-established brand in Delhi- NCR, has reported its best-ever 9M FY25 pre-sales with INR 86.7 billion, reflecting an impressive 178% growth year-on-year. With these pre-sales’ performances, the company has achieved 87% of its sales guidance of INR 100 billion for FY25. A significant portion of the pre-sales during 9MFY25 recorded from the successful launch of ‘Daxin Vistas,’ a mid-income housing project in Sohna; ‘Titanium SPR’ and ‘Twin Tower DXP,’ premium group housing projects in Gurugram; and ‘City of Colors,’ a plotted development project, strategically located on NH-48.
The 9M FY25 collections amounted to INR 32.1 billion, a 54% increase against 9M FY24, The Company’s collections in Q3 FY25 recorded at INR 10.8 billion, the best ever till now. Net debt reduced to INR 7.2 billion in 9M FY25 in comparison to INR 11.6 billion at the end of FY24 reflects strong operating surplus and liquidity of company.
Below are the operational highlights for the quarter ended December 31, 2024. INR (in Billion)
| Particulars | Q3FY25 | Q3FY24 | Q2FY25 | YoY(%) | QoQ(%) | 9MFY25 | 9MFY24 | 9Mo9M (%) | FY24 |
| Pre-sales | 27.7 | 12.6 | 27.8 | 120% | 0% | 86.7 | 31.2 | 178% | 72.7 |
| -No. of units | 1,518 | 1,179 | 1,053 | 29% | 44% | 3,539 | 3,135 | 13% | 4,619 |
| -Area (mn.Sq.ft.) | 2.49 | 1.31 | 2.38 | 90% | 5% | 6.90 | 3.20 | 116% | 6.18 |
| Collections | 10.8 | 7.7 | 9.2 | 40% | 17% | 32.1 | 20.9 | 54% | 31.1 |
| Net Debt | 7.2 | 7.2 | 11.6 | ||||||
Commenting on the company’s performance, Mr. Pradeep Kumar Aggarwal, Chairman and Whole- Time Director, said ” This performance reflects the consistent efforts of our team and the trust of our customers. By aligning our strategy with market trends and focusing on delivering value through premium and mid-range housing, we have reached another important milestone.
The strong demand during the festive season underscores the appeal of our carefully designed projects. Moving forward, we remain committed to refining our offerings to meet the evolving needs of homebuyers. With this momentum, Signature Global is well-positioned to seize new opportunities, reinforce its market presence, and continue creating lasting value for our stakeholders”
About Signature Global (India) Ltd:
Signature Global, a leading real estate development company in India, is reshaping the housing market in northern India. Initially established as a key player in affordable housing, the company has broadened its portfolio by focusing towards the premium and mid-housing segment, with a strong emphasis on quality execution, value creation, reliability, and adherence to global standards.
Supported by prominent investors like Nomura, HDFC, IFC, Standard Chartered, Bandhan MF, and Kotak, Signature Global upholds high standards of corporate governance. The company employs a disciplined land acquisition strategy, typically launching projects within 18 months of acquisition. The Company has so far delivered 12 million sq. ft. of housing area and boasts a robust pipeline of approximately 34.9 million sq. ft. of saleable area in our forthcoming projects along with 15.8 million sq. ft. of ongoing projects, set for execution over the next 2-3 years. In FY24, Signature Global achieved sales bookings of ₹72.7 billion and reported a sales CAGR of 62% from FY21 to FY24. The company projects sales of ₹100 billion in FY25 and ₹ 38 billion of revenue recognition.
Disclaimer:
The statements, are as on date and may contain forward-looking statements like the words “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”, “project”, “will”, “may”, “targeting” and similar expressions regarding the financial position, business strategy, plans, targets and objectives of the Company. Such forward-looking statements involve known and unknown risks which may cause actual results, performance or achievements to be materially different from results or achievements expressed or implied.
The risks and uncertainties interalia, relating to these statements include (i) cash flow projections, (ii) industry and market conditions; (iii) ability to manage growth; (iv) competition; (v) government policies and regulations;
(vi) obtaining regulatory approvals; (vii) domestic & international economic conditions such as interest rate & currency exchange fluctuations; (viii) political, economic, legal and social conditions in India/elsewhere;
(ix) technological advances; (x) claims and concerns about product safety and efficacy; (xi) domestic and foreign healthcare reforms; (xii) Inability to build production capacity; (xiii) unavailability of raw materials and failure to gain market acceptance. The Company shall not have any responsibility or liability whatsoever for any loss howsoever arising from this presentation or its contents or otherwise arising in connection therewith.
For Further information, please contact:
| Signature Global (India) Limited | Slough PR |
| Mr. Jayanta Barua | Mr. Abhishek Yadav |
| Head of Marketing & Communications | |
| Email: | Email: |
| jayantabarua@signatureglobal.inhttps://www.signatureglobal.in/ | abhishek.y@sloughpr.com |
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