- Compared to INR 11,762 per square foot in FY24, the average pre-sales realisation for 9M FY25 increased considerably to INR 12,565 per square foot.
- Q3 FY25 collections were INR 10.8 billion, while 9M FY25 collections rose 54% to INR 32.1 billion.
- The company’s net debt decreased from INR 11.6 billion in FY24 to INR 7.2 billion at the end of 9M FY25.
One of the top real estate development businesses in India, Signature Global with a well-known brand in Delhi-NCR, has announced its best-ever 9M FY25 pre-sales of INR 86.7 billion, representing an astounding 178% year-over-year increase. The firm has reached 87% of its FY25 sales estimate of INR 100 billion thanks to these pre-sales results.The successful launch of the mid-income housing project “Daxin Vistas” in Sohna, the luxury group housing projects “Titanium SPR” and “Twin Tower DXP” in Gurugram, and the planned development project “City of Colors,” which is ideally situated on NH-48, accounted for a sizeable amount of the pre-sales during 9MFY25.
The company’s Q3 FY25 collections were INR 10.8 billion, the highest sum to date, and the 9M FY25 collections was INR 32.1 billion, a 54% increase over the 9M FY24. When compared to INR 11.6 billion at the end of FY24, net debt decreased to INR 7.2 billion in 9M FY25, indicating a solid operating surplus and liquidity of the business.
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 | ||||||
Mr. Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, commented on the company’s performance, saying, “This performance reflects the consistent efforts of our team and the trust of our customers.” We have achieved yet another significant milestone by adjusting our approach to market changes and concentrating on providing value through premium and mid-range homes.
The popularity of our thoughtfully planned projects is highlighted by the high demand over the holiday season. We’re still dedicated to improving our products going ahead to satisfy changing homeowner demands. Signature Global is in a strong position to take advantage of new possibilities, strengthen its position in the industry, and keep generating long-term value for our stakeholders thanks to this momentum.
