NSE:SIGNATURE management interview: Why Pharma Stocks Are Suddenly The Market’s Biggest Winners | Cipla, Zydus Rally Hard | ET Now
ET Now, 2026-05-14. Video: https://www.youtube.com/watch?v=okBp5HNGVkc
- Revenue and completions: After completing under 4 million square feet last year due to weather and NGTP delays, the company is doubling its execution targets, aiming to grow revenue recognition from 26 billion INR to 50 billion INR.
- Launch pipeline: The company is planning three back-to-back project launches on Gurugram's Southern Peripheral Road, with the total launch value expected to exceed 15,000 crore INR.
- Pricing and realizations: Following a 20% growth in average realizations to roughly 15,250 INR per square foot, management does not foresee price declines in Gurugram, expecting steady upward movement until physical home deliveries catch up to pre-sales.
- Debt reduction strategy: Net debt dropped to approximately 200 crore INR (2 billion INR) following operational cash flows and a 50% subsidiary stake divestment in an 18-acre commercial parcel to RMZ Group for about 1,250 crore INR, with net debt projected to stay below 10 billion INR.
- Commercial asset plans: The RMZ joint development will focus strictly on a blend of Grade A office spaces, hospitality, and retail, with no plans to enter the data center sector.