NewKerala.com

Signature Global Shares Crash 6% to 2-Year Low After Slashing Sales Outlook

Shares of Signature Global plummeted nearly 6% to a two-year low after the company stated it would miss its full-year pre-sales target. The realty firm reported a significant year-on-year decline in both pre-sales value and the number of units sold during the December quarter. While the company aims to maintain sales at last year's levels, it did not specify a reason for the slowdown in its regulatory filing. Chairman Pradeep Kumar Aggarwal noted the company delivered a healthy performance in the first nine months, supported by steady demand.

Key Points: Signature Global Shares Plunge 6% on FY26 Sales Guidance Cut

  • Stock plunged 6% to two-year low
  • FY26 pre-sales guidance will be missed
  • Q3 sales and bookings fell sharply
  • Top loser on Nifty Realty index
  • Major project launch timing cited
2 min read

Signature Global shares plunge 6 pc to two-year low after firm cuts FY26 pre‑sales outlook

Signature Global stock hits a 2-year low after the realty firm cuts its FY26 pre-sales outlook and reports a sharp drop in quarterly sales and bookings.

"Admittedly, we will not be able to meet our pre-sales guidance - Company Filing"

New Delhi, Jan 12

Shares of realty firm Signature Global plunged about 6 per cent on Monday to hit a two-year low after the Gurugram based developer said it will miss its FY26 pre-sales guidance and forecasted zero year-on-year growth.

At 12:30 pm the shares of Signature Global (India) traded at Rs 949, down Rs 58.60 or 5.82 per cent during the day.

In a regulatory filing, the company reported pre sales of Rs 6,680 crore in the first nine months of FY26 and Rs 2,020 crore in Q3, down from Rs 8,670 crore and Rs 2,770 crore respectively of previous year.

"Admittedly, we will not be able to meet our pre-sales guidance of Rs 12,700 crore, which looked comfortable a few months back. However, we will attempt to maintain sales at the same levels as last year. Launches continue to remain on track," said the company in the exchange filing.

Signature Global sold 408 units in the December quarter of FY26, compared to 1,518 units a year earlier, and bookings by area fell to 1.44 million sq ft from 2.49 million sq ft.

The stock was the top loser on Nifty Realty index, which was trading with losses over 1.4 per cent in opening hours. So far in 2026, the stock fell 15.73 per cent as against 20.11 per cent decline over the year.

The October-December quarter is typically considered strong for real estate sales due to festivals, but Signature Global did not cite any specific reason for the slowdown in its regulatory filing.

One possible factor behind the lower numbers could be the timing of project launches. The company rolled out a major housing project on Dwarka Expressway only towards the end of December, which may have limited sales during the quarter.

Commenting on the performance, Chairman Pradeep Kumar Aggarwal said the company delivered a healthy performance in the first nine months of FY26, supported by steady demand in its key micro-markets.

- IANS

Share this article:

Reader Comments

S
Shreya B
Honestly, not surprised. The prices in Gurugram have become unreal. Maybe this correction was needed. Buyers are finally being cautious and not jumping into overpriced properties. Hope this brings some sanity to the market. 🤞
A
Aman W
As a shareholder, I feel let down. The guidance was given just a few months back and now they say they can't meet it? That's poor planning and communication. The Chairman's statement about "healthy performance" doesn't match a 6% stock plunge.
P
Priyanka N
The festive quarter is usually the best for sales. If they've performed poorly then, what about the coming quarters? The reason about project launch timing seems like an excuse. Buyers are there if the product and price are right.
D
David E
Watching from an investment perspective. The Nifty Realty index is down too, so it's not isolated. Might be a good time to average down if you believe in the long-term India growth story. Real estate is cyclical.
K
Kavya N
We booked an apartment with them last year. Hope this doesn't affect project delivery timelines. That's my biggest concern now. Companies should focus on completing existing projects rather than just launching new ones.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50