Realty · NIFTY 500
DLF Limited
NSEDLF
BSE532868 ISININE271C01023 SeriesEQ Listed on NSE · BSE
₹769.30 +26.65 (+3.59%) Updated 12 Nov, 6:47 pm IST
Price, daily close-2.80% in a year
Today
- Open
- ₹740.00
- Prev close
- ₹742.65
- Day high
- ₹770.45
- Day low
- ₹740.00
- Volume
- 46.56 L
- Value traded
- ₹355.45 Cr
- Upper circuit
- ₹788.75
- Lower circuit
- ₹742.85
- 52W high
- ₹784.00
- 52W low
- ₹489.40
- 1 month
- +18.20%
- 6 months
- +27.56%
52W low52W high
Ratios
Key numbers
Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.
Market cap₹190,425 Cr
P/E (TTM)41.72
P/B4.18
Book value / share₹184.17
EPS (TTM)₹18.44
ROE10.0%
Dividend yield1.04%
Dividend (12m)₹8.00 / share
Net margin (TTM)71.6%
Operating margin1.8%
Debt / equity0.00
Current ratio1.63
EV / EBITDA201.21
Sales growth (YoY qtr)-23.28%
Profit growth (YoY qtr)+10.28%
Sales CAGR 3Y+12.89%
Profit CAGR 3Y+29.44%
Shares247.53 Cr
Quarterly results
Results for each quarter
Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.
Revenue and net profit
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Mar 25
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
Revenue · QoQ (vs last quarter)
—+40%-36%+45%-23%+105%-13%-40%+23%-10%-29%-1.5%
Revenue · YoY (vs a year ago)
————+0.5%+47%+99%-17%+32%-42%-53%-23%
Net profit · QoQ (vs last quarter)
—+40%-30%+114%-23%+21%-41%+55%+2.0%+5.4%-37%+64%
Net profit · YoY (vs a year ago)
————+61%+39%+18%-15%+14%-1.1%+4.1%+10%
RevenueNet profitLine = trend
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Mar 25
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
EPS (₹) · YoY (vs a year ago)
————+62%+39%+18%-15%+14%-1.2%+4.2%+10%
EPS (₹)Line = trend
| ₹ Cr | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,521 | 2,135 | 1,362 | 1,975 | 1,529 | 3,128 | 2,717 | 1,643 | 2,020 | 1,814 | 1,280 | 1,261 |
| Other income | 122 | 182 | 367 | 206 | 209 | 220 | 264 | 619 | 459 | 280 | 325 | 1,037 |
| Total income | 1,644 | 2,317 | 1,730 | 2,181 | 1,737 | 3,348 | 2,981 | 2,262 | 2,480 | 2,094 | 1,606 | 2,297 |
| Raw material | 664 | 862 | 662 | 1,080 | 738 | 1,652 | 1,948 | 935 | 1,159 | 807 | 714 | 750 |
| Purchases | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Employee cost | 126 | 124 | 164 | 165 | 134 | 129 | 144 | 146 | 168 | 182 | 177 | 179 |
| Other expenses | 221 | 396 | 308 | 228 | 257 | 369 | 260 | 278 | 304 | 415 | 239 | 308 |
| Total expenses | 1,132 | 1,515 | 1,272 | 1,604 | 1,261 | 2,295 | 2,466 | 1,452 | 1,697 | 1,473 | 1,183 | 1,294 |
| Operating profit | 511 | 754 | 229 | 502 | 97.6 | 978 | 364 | 519 | 330 | 439 | 150 | 23.0 |
| OPM % | 33.6% | 35.3% | 16.8% | 25.4% | 6.4% | 31.3% | 13.4% | 31.6% | 16.3% | 24.2% | 11.7% | 1.8% |
| Finance cost | 83.7 | 97.7 | 101 | 93.5 | 93.9 | 109 | 78.6 | 63.1 | 36.3 | 21.1 | 17.6 | 18.2 |
| Depreciation | 38.0 | 36.7 | 37.3 | 37.7 | 38.7 | 36.9 | 34.5 | 29.5 | 30.2 | 48.3 | 35.1 | 38.2 |
| Exceptional items | — | — | — | — | -302 | — | — | 235 | -60.2 | 27.9 | — | — |
| Profit before tax | 512 | 802 | 458 | 577 | 174 | 1,053 | 515 | 1,045 | 723 | 649 | 423 | 1,003 |
| Tax | 135 | 171 | 118 | -467 | -267 | 181 | 133 | 276 | -7.4 | -92.1 | 115 | 201 |
| Net profit | 656 | 920 | 645 | 1,381 | 1,059 | 1,282 | 763 | 1,180 | 1,203 | 1,269 | 794 | 1,301 |
| Profit to shareholders | 657 | 921 | 646 | 1,381 | 1,059 | 1,282 | 763 | — | 1,203 | 1,269 | 794 | 1,301 |
| EPS (₹) | 2.65 | 3.72 | 2.61 | 5.58 | 4.28 | 5.18 | 3.08 | 4.77 | 4.86 | 5.12 | 3.21 | 5.25 |
Profit & loss
Results for each year
8 financial years (April to March), consolidated, ₹ crore.
Sales, operating profit and net profit
FY17
FY18
FY21
FY22
FY23
FY24
FY25
FY26
Revenue · YoY (vs a year ago)
—0.0%—+5.6%-0.4%+13%+24%+2.5%
Net profit · YoY (vs a year ago)
—0.0%—+37%+36%+34%+60%+1.1%
RevenueOperating profitNet profitLine = trend
| ₹ Cr | FY17 | FY18 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6,707 | 6,707 | 5,414 | 5,717 | 5,695 | 6,427 | 7,994 | 8,194 |
| Other income | 957 | 957 | 531 | 420 | 317 | 531 | 1,002 | 1,622 |
| Total expenses | 7,814 | 7,814 | 5,009 | 4,749 | 4,510 | 4,808 | 6,433 | 7,087 |
| Employee cost | 344 | 344 | 314 | 354 | 548 | 546 | 592 | 640 |
| Operating profit | 11,143 | 11,143 | 1,322 | 1,518 | 1,726 | 2,124 | 1,806 | 1,651 |
| OPM % | 166.1% | 166.1% | 24.4% | 26.6% | 30.3% | 33.0% | 22.6% | 20.2% |
| Finance cost | 2,951 | 2,951 | 853 | 625 | 392 | 356 | 397 | 199 |
| Depreciation | 534 | 534 | 159 | 149 | 149 | 148 | 151 | 142 |
| Profit before tax | 8,615 | 8,615 | 840 | 1,165 | 1,502 | 2,151 | 2,261 | 2,932 |
| Tax | 4,323 | 4,323 | 362 | 321 | 402 | 520 | -434 | 310 |
| Tax rate % | 50.2% | 50.2% | 43.2% | 27.6% | 26.7% | 24.2% | -19.2% | 10.6% |
| Net profit | 4,477 | 4,477 | 1,083 | 1,500 | 2,034 | 2,724 | 4,367 | 4,415 |
| Profit to shareholders | 4,464 | 4,464 | 1,094 | 1,501 | 2,036 | 2,727 | 4,368 | 4,415 |
| Net margin % | 66.6% | 66.6% | 20.2% | 26.3% | 35.7% | 42.4% | 54.6% | 53.9% |
| EPS (₹) | 23.62 | 23.62 | 4.42 | 6.06 | 8.22 | 11.02 | 17.64 | 17.83 |
Balance sheet
Assets and debt
At each year end (and the latest half year), ₹ crore.
Equity, debt and assets
Mar 23
Mar 24
Mar 25
Mar 26
Sep 26
Shareholders' equity · YoY (vs a year ago)
—+4.6%+7.9%+6.9%—
Shareholders' equityBorrowingsCashLine = trend
| ₹ Cr | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Sep 26 |
|---|---|---|---|---|---|
| Shareholders' equity | 37,688 | 39,431 | 42,550 | 45,473 | 45,587 |
| Long-term borrowings | 1,271 | 2,667 | 1,911 | 0.0 | 0.0 |
| Short-term borrowings | 2,063 | 2,167 | 2,192 | 45.0 | 45.0 |
| Total borrowings | 3,334 | 4,834 | 4,103 | 45.0 | 45.0 |
| Current liabilities | 10,927 | 14,137 | 22,200 | 25,601 | 28,648 |
| Fixed assets (PPE) | 748 | 691 | 630 | 592 | 668 |
| Inventories | 19,361 | 21,154 | 24,621 | 24,717 | 25,453 |
| Trade receivables | 549 | 538 | 802 | 847 | 903 |
| Cash & equivalents | 211 | 1,394 | 753 | 2,273 | 992 |
| Current assets | 25,243 | 33,018 | 41,220 | 40,669 | 46,781 |
| Total assets | 53,928 | 60,262 | 69,475 | 74,875 | 78,104 |
| Debt / equity | 0.09 | 0.12 | 0.10 | 0.00 | 0.00 |
Cash flow
Cash coming in and going out
For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.
Operating, investing and financing cash
FY22
FY23
FY24
FY25
FY26
Operations · YoY (vs a year ago)
—-16%+6.9%+106%+21%
OperationsInvestingFinancingLine = trend
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 2,832 | 2,375 | 2,539 | 5,235 | 6,347 |
| Cash from investing | 267 | -463 | -1,529 | -3,543 | 721 |
| Cash from financing | -3,828 | -2,011 | 176 | -2,335 | -5,547 |
| Spent on fixed assets | -148 | -63.7 | -116 | -96.0 | -129 |
| Free cash flow | 2,683 | 2,312 | 2,423 | 5,139 | 6,218 |
| Net cash flow | -729 | -98.5 | 1,186 | -642 | 1,522 |
Shareholding
Who holds the shares
Promoter and public holding at each quarter end, as filed with NSE.
Holding over time
Promoter & groupPublic
Latest (30 Sep 2026)
74.1%promoter
- Promoter & group
- 74.08%
- Public (FIIs, mutual funds, retail…)
- 25.92%
- Promoter change, last quarter
- 0.00 pts
Dividends & news
Latest dividends and announcements
Dividends & corporate actions
- Dividend - Rs 8 Per Share
- Dividend - Rs 6 Per Share
- Dividend - Rs 5 Per Share
- Dividend - Rs 4 Per Share
- Dividend - Rs 3 Per Share
- Dividend - Rs 2 Per Share
- Annual General Meeting/Dividend - Rs 0.80 Per Share
- Interim Dividend - Rs 1.20 Per Share
Board meetings
- DLF Limited has informed the Exchange about Board Meeting to be held on 16-Oct-2026 to inter-alia consider and approve the Unaudited Financial result…
- Board Meeting Intimation for approval of Un-Audited Financial Results (Standalone and Consolidated) for the quarter and half-year ended 30th Septembe…
- DLF Limited has informed the Exchange about Board Meeting to be held on 03-Aug-2026 to inter-alia consider and approve the Unaudited Financial result…
- the unaudited financial results for the quarter ended 30th June 2026
- the Yearly Audited Financial results of the Company for the period ended March 2026 and Dividend.
Filings with NSE
- Press Release
- Analysts/Institutional Investor Meet/Con. Call Updates
- Analysts/Institutional Investor Meet/Con. Call Updates
- Copy of Newspaper Publication
- Updates
- Analysts/Institutional Investor Meet/Con. Call Updates
- Press Release
Latest news
DLF Outlook for the WeekEquitypandit · 8 Nov, 1:30 pmRealty index surges 4%; Oberoi, Sobha, Lodha up 5%; DLF nears 52-week highBusiness Standard · 12 Nov, 1:06 pmCan DLF shares surge as much as 41%? Jefferies, CLSA highlight key growth driversCNBC TV18 · 19 Oct, 12:30 pmDLF shares dip 2% as Q1 revenue tumbles 53%, but Nomura and others maintain Buy. Here's whyThe Economic Times · 4 Aug, 12:30 pmDLF Consolidated September 2026 Net Sales at Rs 1,260.58 crore, down 23.28% Y-o-YMoneycontrol.com · 6 Nov, 11:11 amDLF, Everstone join hands to invest in IREO Group; realty major to pump in ₹3,750 croreUpstox · 6 Nov, 9:16 amDLF to invest ₹3,750 cr in JV with Everstone to buy stake in IREO IndiaBusiness Standard · 6 Nov, 10:21 amDLF Share Price Today with fundamentals and sector contextUnivest · 13 Oct, 12:30 pmAbout
About DLF Limited
DLF Limited is an Indian commercial real estate development company. It was founded by Chaudhary Raghvendra Singh in 1946, and it is based in New Delhi, India. DLF has developed residential colonies in Delhi such as Model Town, Rajouri Garden, Krishna Nagar, South Extension, Greater Kailash, Kailash Colony, and Hauz Khas. DLF builds residential, office, and retail properties.
From Wikipedia (CC BY-SA 4.0).
Company details
- Company name
- DLF Limited
- NSE symbol
- DLF
- BSE scrip code
- 532868
- ISIN
- INE271C01023
- Listed on
- NSE, BSE
- Series
- EQ (normal equity)
- Listed on NSE since
- 5 Jul 2007
- Face value
- ₹2 per share
- Market lot
- 1 share
- Shares issued
- 247.53 crore
- Index
- NIFTY 500
- Sector (NSE)
- Realty
- Industry
- Real Estate Development
- Managing director / CEO
- Devinder Singh / Ashok Kumar Tyagi
- Chair
- Rajiv Singh
- Headquarters
- Gurugram, Haryana, India
- Registered address
- DLF Gateway Tower, R Block, DLF City, Phase – III, Gurugram - 122 002 (Haryana)
- Founded
- 1946
- Employees
- 4,310
- Financial year
- April to March
- Results basis
- Consolidated
- Website
- dlf.in
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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.