Signature Global lines up ₹1,200–1,500 crore to acquire land in FY26
NEW DELHI:
Gurugram
-based
Signatureglobal (India)
has earmarked ₹1,200–₹1,500 crore for land acquisition in the current financial year, with plans to continue its dominance in Gurugram while actively scouting for opportunities in Noida and Delhi.
'Our primary allocation remains Gurugram, with nearly ₹1,000 crore set aside for it," said Pradeep Kumar Aggarwal, chairman and whole-time director of the company. "But we're equally keen on expanding into Noida and Delhi, should the right land parcels become available."
In FY25, the company invested about Rs 1,040 crore to acquire land. It replenished its land bank by acquiring eight million sq ft—equivalent to its annual sales volume—underscoring what it calls a 'factory model' of operations.
Pre-sales beat guidance; ₹17,000-crore launches planned
Signature Global
exceeded its FY25 pre-sales guidance by clocking ₹2,290 crore, up from the projected ₹2,000 crore. It now plans to launch projects worth ₹17,000 crore in FY26 across key micro-markets:
Sohna, focused on mid-income housing (₹2 crore average ticket size) Sector 37D, Dwarka Expressway, catering to upper mid-income (₹2.5–3 crore) Southern Peripheral Road, targeting the premium segment (₹3.5–4.5 crore)
The company's strategy remains focused on the ₹2–4.5 crore average ticket size — a space it believes is underserved by most branded players in NCR. "Our average ticket size remains between ₹2.5–3 crore. This continues to differentiate us in a market where others often operate at ₹5 crore and above," said Aggarwal.
Collections, margins and PAT see sharp jump
Signature Global reported a 41% year-on-year growth in collections, rising from ₹3,100 crore in FY24 to approximately ₹4,400 crore in FY25. Revenue recognition almost doubled from ₹1,200 crore to ₹2,480 crore. Operating surplus witnessed a 79% jump, increasing from ₹900 crore last year to ₹1,600 crore this fiscal.
The company is targeting ₹6,000 crore in collections and ₹4,800 crore in revenue recognition for FY26.
Profit after tax (PAT) surged over 500%, crossing the ₹100 crore mark, up from a low base last year. Operating margins also improved, with gross profit margin rising from 28% in FY24 to 31% in FY25.
Zero-debt target in sight
Signature Global is aiming to bring its net debt down to zero by the end of the financial year. The developer ended FY25 with net debt of ₹880 crore.
'With healthy collections and controlled land spends, our goal is to become debt-free this year," said Aggarwal.
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