This growth was primarily driven by increased revenue recognition, which rose by 118% to Rs 870 crore from Rs 400 crore in the same quarter last year, owing to higher project completions. The company has cumulatively delivered 15.7 million sq. ft. of real estate development till Q1 FY26.
The company achieved pre-sales of Rs 2,640 crore in Q1 FY26 versus Rs 3,120 crore in Q1 FY25. Average sales realization improved significantly to Rs 16,296 per sq ft from Rs 12,457 per sq ft in FY25. Collections for the quarter stood at Rs 930 crore compared to Rs 1,210 crore in Q1 FY25. Net debt remained stable at Rs 890 crore.
In terms of profitability ratios, the company reported an adjusted gross profit margin of 27% in Q1 FY26 against 28% in Q1 FY25, while adjusted EBITDA margin stood at 12% compared to 13% in the previous year.
In line with its long-term growth strategy, Signature Global acquired 9.96 acres of land in its key micro-market of Sohna during Q1 FY26. The land parcel offers a development potential of approximately 0.53 million sq. ft.
“Building on the strong momentum of FY25, we delivered a robust performance in the first quarter of FY26, with our operational revenue doubling year-on-year. This growth reflects our continued focus on customer satisfaction and the timely delivery of quality homes. With several new project launches planned in the coming quarters, we are well-positioned to sustain this growth trajectory and further strengthen our market presence,” said Pradeep Kumar Aggarwal, Chairman and Whole- Time Director.Signature Global holds a market share of 13% in the National Capital Region (NCR) and 20% share in Gurugram within the price range of Rs 2 crore to Rs 5 crore.As of Q1FY26, the company has successfully delivered 15.7 million sq. ft. of real estate. Its project pipeline remains robust, comprising 17.1 million sq. ft. of recently launched projects, 24.5 million sq. ft. of forthcoming developments, and 9.2 million sq. ft. of ongoing construction, all slated for execution over the next 2–3 years.