DLF Limited

DLF Limited

663.25
INR
-0.75
(-0.11%)
16.27EPS
38.11P/E
1.53TMarket Cap
Jan 22Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
46.82
42.78
55.62
46.04
37.55
46.77
25.07
21.84
23.06
22.95
25.25
32.1
31.66
31.63
Basic EPS, GAAP
3.65
3.03
1.72
4.01
25.02
7.38
-2.41
4.42
6.06
8.22
11.02
17.64
17.83
16.27
Free Cash Flow per Basic Share
2.93
6.55
12.97
-6.24
-17.59
8.05
0.62
5.84
10.84
9.34
9.79
20.76
25.12
- -
Dividend per Share
2.93
3.08
4.41
0.02
4.57
0.95
3.33
0.8
2.01
3
3.99
4.98
5.98
- -
Book Value per Share
153.78
126.11
125.98
137.74
197.92
152.12
139.16
142.79
146.9
152.25
159.3
171.9
183.71
- -
Tangible Book Value per Share
145.28
118.34
119.3
131.13
191.35
146.83
134.74
138.38
142.49
147.87
154.92
167.52
179.41
- -
Basic Weighted Avg Shares
1,770
1,782
1,783
1,784
1,784
1,788
2,424
2,475
2,475
2,475
2,475
2,475
2,475
2,476
Sales/Revenue/Turnover
82,863
76,229
99,164
82,134
66,999
83,613
60,771
54,052
57,090
56,820
62,492
79,466
78,377
78,313
Operating Margin (%)
24.51
33.77
36.12
36.78
35.18
23.33
16.26
25.14
29.05
29.12
29.33
26.61
16.38
14.9
Depreciation Expense
6,629
5,448
7,659
5,725
5,335
2,246
2,003
1,595
1,494
1,486
1,479
1,507
1,424
1,480
Net Income, GAAP
6,462
5,402
3,062
7,148
44,639
13,192
-5,832
10,936
15,009
20,358
27,271
43,676
44,147
40,285
Effective Tax Rate (%)
- -
50.47
109.96
22.27
50.18
42.96
326.36
43.15
27.56
26.72
24.19
- -
10.57
6.42
Profit Margin (%)
7.8
7.09
3.09
8.7
66.63
15.78
-9.6
20.23
26.29
35.83
43.64
54.96
56.33
51.44
Working Capital
151,661
90,085
113,413
161,624
123,689
79,307
130,582
138,089
136,870
145,859
184,157
189,723
138,726
- -
LT Debt
135,793
165,805
203,285
232,553
62,389
56,144
41,088
34,049
23,987
12,709
26,670
19,106
2,505
- -
Total Equity
293,964
243,889
241,952
246,967
353,592
336,171
344,652
353,642
363,818
376,919
394,316
425,502
454,734
- -
Return on Invested Capital (%)
- -
2.45
-0.65
5
9.78
2.32
-6.48
1.69
2.54
2.98
3.33
- -
2.92
- -
Return on Capital (%)
- -
3.15
0.16
5.67
10.95
4.67
-7.62
3.62
4.64
5.65
6.99
- -
9.91
- -
Return on Common Equity (%)
2.35
2.17
1.36
3.04
14.91
3.83
-1.71
3.13
4.19
5.5
7.07
10.66
10.03
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
554
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
2,505
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,475
2,475
2,475
Market Capitalization
1,701,529
1,247,805
1,534,817

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
394,735
- -
Cash, Cash Equivalents & STI
- -
46,183
- -
Accounts Receivable, Net
- -
8,474
- -
Inventories
- -
247,175
- -
Total Current Liabilities
- -
256,010
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
554
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.13%
5.18%
6.87%
Free Cash Flow
87.66%
41.91%
21%
Net Income, GAAP
32.38%
33.62%
1.08%
Sales/Revenue/Turnover
-0.83%
8.18%
-1.37%
Total Cash Common Dividend
2,110.08%
55.47%
20.01%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
13,624
19,750
15,287
31,276
79,466
2026
27,167
- -
20,202
18,141
78,377
2027
12,803
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.61
5.58
4.28
5.18
17.64
2026
3.08
- -
4.86
5.12
17.83
2027
3.21
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
4.98
2026
- -
- -
- -
- -
5.98
2027
- -
- -
- -
- -
- -

Company Description

CEO
Devinder Singh
Full Time Employees
4,310
Sector
Finance
Industry
Real estate development
Address
DLF Gateway Tower Gurugram HA India 122002
IPO Date
Jul 9, 2007
Website
dlf.in
Business
DLF Limited (DLF.NS), India's largest publicly listed real estate developer, engages primarily in the development, sale, and management of residential, commercial, office, retail, hospitality, and leisure properties across 15 states and 24 cities. The company offers luxury residential developments including The Aralias, The Camellias, The Magnolias, DLF King's Court, Privana South, Privana West, The Dahlias, One Midtown, and affordable housing projects; premium commercial office spaces and IT parks such as DLF Cyber City in Gurugram, DLF IT Parks in Chennai, Kolkata, and Hyderabad, co-working spaces, and business centers; retail properties encompassing malls like DLF Mall of India, DLF Promenade, DLF Emporio, The Chanakya, DLF Avenue, DLF CyberHub, and expansions such as Summit Plaza, Midtown Plaza, New Gurgaon Plaza, The Hub in Chennai, Cyber Park in Gurugram, and Patto Plaza in Goa; hospitality assets including DLF Golf and Country Club, Club 5, Club 4, Club 3, and Club 2; as well as property management services covering facility management, leasing, renting, maintenance, landscaping, security, and waste management. DLF operates in key markets targeting high-net-worth individuals, middle-income families, multinational corporations, startups, retailers, and businesses, with a portfolio exceeding 32.63 million square meters delivered and a rental arm focused on annuity income. Founded in 1946 by Chaudhary Raghvendra Singh and headquartered in Gurugram, Haryana, DLF pioneered urban colonies in Delhi such as Model Town, Rajouri Garden, Krishna Nagar, South Extension, Greater Kailash, Kailash Colony, and Hauz Khas before expanding into Gurugram in 1985, transforming it into a major commercial hub. In recent developments, DLF Home Developers Ltd, a wholly-owned subsidiary, acquired the remaining 49.997% stake in DLF Urban Private Limited from Reco Greens Pte Ltd for ₹496.73 crore in March 2025, making it a fully owned entity focused on residential projects like One Midtown in Delhi. The company targets ₹210 billion in annual pre-sales with 20% year-on-year growth through launches in Mumbai Metropolitan Region, Gurugram, and Chennai, while planning to expand its rental portfolio to 50 million square feet by fiscal year 2027 and investing ₹20,000 crore each in residential completions and commercial projects over coming years. Additional strategic moves include approvals for revised building plans in projects such as The Dahlias, Privana South, Privana West, and expansions in Goa including Patto Plaza and luxury villas priced ₹40-50 crore, alongside a ₹60,000 crore project pipeline across Gurugram, Mumbai, Goa, and Panchkula.