Signatureglobal Shares Plunge 6% as FY26 Pre-Sales Guidance Missed Amid Soft Market

• Signatureglobal shares dropped over 6% after announcing it would miss its FY26 pre-sales guidance due to a 'soft' market.
• The company's pre-sales for Oct-Dec quarter were ₹2,020 crore, a 27% decrease from ₹2,770 crore last year.
• Nine-month pre-sales stood at ₹6,680 crore, 23% lower than ₹8,670 crore in the previous year's corresponding period.
• Average sales realisations increased 22% to ₹15,182 per square foot, driven by premium market sales and price hikes.
• Net debt rose to ₹1,020 crore from ₹880 crore, but the company expects collections to improve and maintain a healthy balance sheet.

Why It Matters: Signatureglobal's stock fell sharply after missing pre-sales guidance, though collections and realisations show some resilience.