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Signature Global Q3 Sales Plunge 27% Despite Festive Season Demand

Signature Global reported a significant 27% year-on-year decline in sales bookings for the October-December quarter, amounting to Rs 2,020 crore. The company sold only 408 housing units, a steep fall from 1,518 units sold in the same period last year. Despite the festive season typically boosting real estate, the slowdown may be linked to the late-quarter launch of a major project on Dwarka Expressway. For the full fiscal year, the company maintains a target of Rs 12,500 crore in sales bookings.

Key Points: Signature Global Q3 Sales Fall 27%, Bookings Drop

  • Sales bookings fell 27% to Rs 2,020 crore
  • Units sold dropped sharply to 408 from 1,518
  • Area sold declined to 1.44 million sq ft
  • Full-year target of Rs 12,500 crore remains
2 min read

Signature Global's Q3 sales bookings fall 27 pc despite festive demand

Signature Global reports a 27% decline in Q3 sales bookings to Rs 2,020 crore. Sales volume and area also see significant drops despite festive demand.

"The company delivered a healthy performance in the first nine months of FY26 - Pradeep Kumar Aggarwal"

New Delhi, Jan 11

Realty firm Signature Global on Sunday reported a sharp decline in its sales bookings for the December quarter, even as the housing market usually sees strong demand during the festive season.

The Gurugram-based company said its sales bookings fell 27 per cent to Rs 2,020 crore in the October-December quarter, compared to Rs 2,770 crore in the same period last financial year, according to its stock exchange filing.

The company sold 408 housing units during the quarter, a steep drop from 1,518 units sold a year ago.

In terms of area, sales bookings declined to 1.44 million square feet from 2.49 million square feet in the year-ago period.

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.

For the first nine months of the current financial year, Signature Global's sales bookings dropped 23 per cent to Rs 6,680 crore, compared to Rs 8,670 crore in the same period last financial year.

During this period, the company sold 1,746 units, down from 3,539 units a year earlier, Signature Global said.

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.

He added that the launch of its wellness-focused premium project, Sarvam at DXP Estate on Dwarka Expressway, received encouraging response, reflecting changing buyer preferences.

Signature Global had recorded sales bookings of Rs 10,290 crore in the last financial year, making it the fifth-largest listed real estate developer by sales.

For the current 2025-26 fiscal, the company has guided for sales bookings of Rs 12,500 crore.

To meet this target, the company will need to achieve sales of nearly Rs 6,000 crore in the current quarter.

- IANS

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Reader Comments

P
Priya S
The article mentions the major launch was at the *end* of December. Sales from that project will reflect in Q4. We shouldn't panic based on one quarter's numbers. The Gurugram/Dwarka Expressway market is still very strong. 🏡
R
Rohit P
Honestly, property prices in these premium micro-markets have become unreal. A middle-class family can't even dream of buying a 3BHK there anymore. Maybe the slowdown is because genuine buyers are priced out, and only investors are left, who are now being cautious.
S
Sarah B
Interesting to see the shift to "wellness-focused" premium projects. The market is definitely segmenting. While affordable housing might be slowing, the high-end with added amenities seems to have demand. Reflects the broader economic divide perhaps.
V
Vikram M
They need Rs 6,000 crore in this last quarter to meet their yearly target? That seems like a very tall order. Hope the management's guidance was realistic and not just to keep investor sentiment positive. The stock might see some pressure.
K
Kavya N
As someone who was looking at their projects, I found the customer service and clarity on possession timelines lacking compared to some other builders. In a competitive market, that matters. A respectful suggestion to the company: focus on the entire customer journey, not just launches.

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