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Last Updated on: 12 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 532868 | NSE: DLF

DLF Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 9, 2025, 8:01 pm

Market Cap 1,65,116 Cr.
Current Price 667
High / Low 968/622
Stock P/E44.0
Book Value 163
Dividend Yield0.75 %
ROCE5.74 %
ROE6.95 %
Face Value 2.00
PEG Ratio1.48

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for DLF Ltd

Competitors of DLF Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Hampton Sky Realty Ltd 669 Cr. 24.4 42.0/22.428.0 5.740.00 %15.7 %10.6 % 1.00
Grovy India Ltd 66.8 Cr. 50.1 98.2/22.641.0 13.90.05 %5.79 %5.27 % 10.0
Gothi Plascon (India) Ltd 43.3 Cr. 42.4 46.7/32.228.5 12.44.71 %17.8 %12.9 % 10.0
Generic Engineering Construction & Projects Ltd 164 Cr. 28.7 71.0/24.616.0 48.50.00 %6.61 %4.33 % 5.00
Garnet Construction Ltd 36.5 Cr. 26.2 57.2/20.66.86 73.30.00 %4.51 %3.13 % 10.0
Industry Average17,902.63 Cr418.9547.51132.010.65%10.29%8.69%6.13

All Competitor Stocks of DLF Ltd

Quarterly Result

MetricMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales 1,7131,1401,4811,5501,5471,4421,3021,4951,4561,4231,3481,5212,135
Expenses 1,2597441,0231,0281,1801,0288661,0181,0581,0278851,0101,381
Operating Profit 454395458521368414437477398396462511754
OPM % 26%35%31%34%24%29%34%32%27%28%34%34%35%
Other Income 19410376-8710575586512098129122182
Interest 191175176146128105107958585908498
Depreciation 38383737373737393636373837
Profit before tax 418285321251307346351408397373464512802
Tax % 38%29%29%24%27%25%26%27%28%27%24%26%21%
Net Profit 477337378379406469477518570526622656920
EPS in Rs 1.941.361.531.531.641.901.932.102.302.132.522.653.72

Last Updated: Unknown

Below is a detailed analysis of the quarterly data for DLF Ltd based on the most recent figures (Mar 2024) and their trends compared to the previous period:

  • For Sales, as of Mar 2024, the value is ₹2,135.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,521.00 Cr. (Dec 2023) to ₹2,135.00 Cr., marking an increase of ₹614.00 Cr..
  • For Expenses, as of Mar 2024, the value is ₹1,381.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,010.00 Cr. (Dec 2023) to ₹1,381.00 Cr., marking an increase of ₹371.00 Cr..
  • For Operating Profit, as of Mar 2024, the value is ₹754.00 Cr.. The value appears strong and on an upward trend. It has increased from 511.00 Cr. (Dec 2023) to ₹754.00 Cr., marking an increase of ₹243.00 Cr..
  • For OPM %, as of Mar 2024, the value is 35.00%. The value appears strong and on an upward trend. It has increased from 34.00% (Dec 2023) to 35.00%, marking an increase of 1.00%.
  • For Other Income, as of Mar 2024, the value is ₹182.00 Cr.. The value appears strong and on an upward trend. It has increased from 122.00 Cr. (Dec 2023) to ₹182.00 Cr., marking an increase of ₹60.00 Cr..
  • For Interest, as of Mar 2024, the value is ₹98.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 84.00 Cr. (Dec 2023) to ₹98.00 Cr., marking an increase of ₹14.00 Cr..
  • For Depreciation, as of Mar 2024, the value is ₹37.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 38.00 Cr. (Dec 2023) to ₹37.00 Cr., marking a decrease of 1.00 Cr..
  • For Profit before tax, as of Mar 2024, the value is ₹802.00 Cr.. The value appears strong and on an upward trend. It has increased from 512.00 Cr. (Dec 2023) to ₹802.00 Cr., marking an increase of ₹290.00 Cr..
  • For Tax %, as of Mar 2024, the value is 21.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Dec 2023) to 21.00%, marking a decrease of 5.00%.
  • For Net Profit, as of Mar 2024, the value is ₹920.00 Cr.. The value appears strong and on an upward trend. It has increased from 656.00 Cr. (Dec 2023) to ₹920.00 Cr., marking an increase of ₹264.00 Cr..
  • For EPS in Rs, as of Mar 2024, the value is 3.72. The value appears strong and on an upward trend. It has increased from ₹2.65 (Dec 2023) to 3.72, marking an increase of ₹1.07.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:26 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 7,7738,2987,6499,9268,2216,7078,3666,0835,4145,7175,6956,4277,001
Expenses 5,1405,8054,6355,9604,7754,3296,2184,9373,9453,9743,9694,3035,116
Operating Profit 2,6332,4933,0143,9663,4462,3782,1481,1461,4691,7431,7262,1241,885
OPM % 34%30%39%40%42%35%26%19%27%30%30%33%27%
Other Income 1,2791,1335035061,1359,7227841,135383195317531662
Interest 2,3142,4632,3042,6802,9802,9512,0621,427853625392356386
Depreciation 796663545766572534225200159149149148150
Profit before tax 8025006681,0261,0308,6156466538401,1651,5022,1512,010
Tax % 17%-16%24%55%22%50%43%326%43%28%27%24%
Net Profit 6675905073057084,4771,314-5901,0831,5002,0342,7244,004
EPS in Rs 4.193.633.031.724.0125.025.98-2.364.426.068.2211.0216.19
Dividend Payout % 48%55%66%117%50%8%33%-85%45%49%49%45%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-11.54%-14.07%-39.84%132.13%532.34%-70.65%-144.90%283.56%38.50%35.60%33.92%
Change in YoY Net Profit Growth (%)0.00%-2.52%-25.77%171.97%400.21%-602.99%-74.25%428.46%-245.06%-2.90%-1.68%

DLF Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:-3%
5 Years:-5%
3 Years:6%
TTM:22%
Compounded Profit Growth
10 Years:20%
5 Years:17%
3 Years:33%
TTM:58%
Stock Price CAGR
10 Years:16%
5 Years:32%
3 Years:24%
1 Year:-22%
Return on Equity
10 Years:3%
5 Years:4%
3 Years:6%
Last Year:7%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:44 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 340356356357357357441495495495495495495
Reserves 25,38927,03927,01323,71224,21634,95433,13533,95234,84935,86737,19238,93639,732
Borrowings 26,60024,13324,49525,26429,20217,49117,2228,1036,8864,1823,3344,8344,290
Other Liabilities 12,31812,99714,39812,39610,1797,78315,68413,34111,25810,62311,55114,80418,062
Total Liabilities 64,64764,52566,26261,72963,95460,58566,48355,89053,48851,16752,57259,06962,579
Fixed Assets 19,84918,83519,6193,94324,6408,0826,3225,1874,8564,8624,7853,8803,836
CWIP 7,8345,9795,9011,779153137103899581617173
Investments 1,33489162321,3101,20920,83221,00518,56619,74619,77919,48120,13820,900
Other Assets 35,63038,82040,11934,69737,95231,53339,05332,04928,79126,44428,24534,98137,770
Total Assets 64,64764,52566,26261,72963,95460,58566,48355,89053,48851,16752,57259,06962,579

Below is a detailed analysis of the balance sheet data for DLF Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹495.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹495.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹39,732.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹38,936.00 Cr. (Mar 2024) to ₹39,732.00 Cr., marking an increase of 796.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹4,290.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹4,834.00 Cr. (Mar 2024) to ₹4,290.00 Cr., marking a decrease of 544.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹18,062.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹14,804.00 Cr. (Mar 2024) to ₹18,062.00 Cr., marking an increase of 3,258.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹62,579.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹59,069.00 Cr. (Mar 2024) to ₹62,579.00 Cr., marking an increase of 3,510.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹3,836.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹3,880.00 Cr. (Mar 2024) to ₹3,836.00 Cr., marking a decrease of 44.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹73.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹71.00 Cr. (Mar 2024) to ₹73.00 Cr., marking an increase of 2.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹20,900.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹20,138.00 Cr. (Mar 2024) to ₹20,900.00 Cr., marking an increase of 762.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹37,770.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹34,981.00 Cr. (Mar 2024) to ₹37,770.00 Cr., marking an increase of 2,789.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹62,579.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹59,069.00 Cr. (Mar 2024) to ₹62,579.00 Cr., marking an increase of 3,510.00 Cr..

Notably, the Reserves (₹39,732.00 Cr.) exceed the Borrowings (4,290.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +2,0091,4682,0372,957-8982702,0433561,4602,8322,3752,539
Cash from Investing Activity +1,9953,92498-818872-2,10236,508150267-461-1,529
Cash from Financing Activity +-3,951-4,532-1,547-1,929787-232875-9,522-2,184-3,828-2,013177
Net Cash Flow52860588210761-2,0642,921-2,658-573-729-981,186

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-24.00-22.00-21.00-22.00-26.00-15.00-15.00-7.00-5.00-3.00-2.00-2.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days7869761266370364339363531
Inventory Days
Days Payable
Cash Conversion Cycle7869761266370364339363531
Working Capital Days6616708323896859745327591,016913874868
ROCE %4%5%6%8%7%5%5%4%4%5%5%6%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters74.95%74.95%74.95%74.95%74.95%74.95%74.08%74.08%74.08%74.08%74.08%74.08%
FIIs15.39%14.93%14.90%14.84%14.66%15.30%15.89%15.75%16.53%16.17%16.66%16.37%
DIIs4.10%4.56%4.80%5.09%5.23%4.87%5.27%5.47%4.77%4.81%4.66%4.87%
Public5.56%5.56%5.36%5.12%5.16%4.88%4.76%4.72%4.62%4.95%4.62%4.69%
No. of Shareholders4,34,8714,42,8814,25,9594,07,4444,22,1524,06,2803,95,8454,04,8324,26,2534,66,9874,39,1414,58,323

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Blue Chip Fund9,000,0001.59734.099,000,0002025-03-100%
ICICI Prudential Bluechip Fund8,280,0051.22675.369,000,0002025-03-10-8%
SBI Balanced Advantage Fund5,902,0501.6481.49,000,0002025-03-10-34.42%
Kotak Equity Arbitrage Fund - Regular Plan5,757,6751.01469.629,000,0002025-03-10-36.03%
Aditya Birla Sun Life Frontline Equity Fund4,551,4671.36371.249,000,0002025-03-10-49.43%
Axis Focused Fund2,940,0441.8239.89,000,0002025-03-10-67.33%
Axis Bluechip Fund2,499,1770.62203.859,000,0002025-03-10-72.23%
UTI Nifty200 Momentum 30 Index Fund2,396,1623.11195.449,000,0002025-03-10-73.38%
SBI Arbitrage Opportunities Fund2,236,5750.59182.439,000,0002025-03-10-75.15%
ICICI Prudential Business Cycle Fund1,946,4451.64158.769,000,0002025-03-10-78.37%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 11.028.226.064.42-2.41
Diluted EPS (Rs.) 11.028.226.064.42-2.41
Cash EPS (Rs.) 7.185.054.012.57-5.17
Book Value[Excl.RevalReserv]/Share (Rs.) 159.30152.27146.98142.87139.23
Book Value[Incl.RevalReserv]/Share (Rs.) 159.30152.27146.98142.87139.23
Revenue From Operations / Share (Rs.) 25.9623.0123.1021.8724.57
PBDIT / Share (Rs.) 10.738.258.747.877.84
PBIT / Share (Rs.) 10.137.658.137.237.03
PBT / Share (Rs.) 8.696.074.703.392.64
Net Profit / Share (Rs.) 6.594.453.411.93-5.98
NP After MI And SOA / Share (Rs.) 11.028.226.064.42-2.36
PBDIT Margin (%) 41.3035.8737.8335.9931.89
PBIT Margin (%) 39.0033.2635.2133.0428.60
PBT Margin (%) 33.4626.3820.3615.5010.74
Net Profit Margin (%) 25.3619.3314.758.81-24.31
NP After MI And SOA Margin (%) 42.4335.7426.2520.19-9.58
Return on Networth / Equity (%) 6.915.404.123.09-1.69
Return on Capital Employeed (%) 5.434.434.784.254.19
Return On Assets (%) 4.523.772.851.99-1.01
Long Term Debt / Equity (X) 0.060.020.060.090.11
Total Debt / Equity (X) 0.110.080.100.150.18
Asset Turnover Ratio (%) 0.110.080.080.080.04
Current Ratio (X) 2.302.302.322.081.83
Quick Ratio (X) 0.800.570.380.430.40
Dividend Payout Ratio (NP) (%) 36.3036.4732.9818.10-135.81
Dividend Payout Ratio (CP) (%) 34.4333.9929.9915.80-206.87
Earning Retention Ratio (%) 63.7063.5367.0281.90235.81
Cash Earning Retention Ratio (%) 65.5766.0170.0184.20306.87
Interest Coverage Ratio (X) 7.455.213.462.281.36
Interest Coverage Ratio (Post Tax) (X) 5.573.812.711.67-0.27
Enterprise Value (Cr.) 222572.4089201.3597221.0775306.9237963.00
EV / Net Operating Revenue (X) 34.6315.6617.0013.916.24
EV / EBITDA (X) 83.8343.6644.9538.6519.56
MarketCap / Net Operating Revenue (X) 34.6015.5216.4713.125.60
Retention Ratios (%) 63.6963.5267.0181.89235.81
Price / BV (X) 5.642.342.592.010.98
Price / Net Operating Revenue (X) 34.6015.5216.4713.125.60
EarningsYield 0.010.020.010.01-0.01

After reviewing the key financial ratios for DLF Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 11.02. This value is within the healthy range. It has increased from 8.22 (Mar 23) to 11.02, marking an increase of 2.80.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 11.02. This value is within the healthy range. It has increased from 8.22 (Mar 23) to 11.02, marking an increase of 2.80.
  • For Cash EPS (Rs.), as of Mar 24, the value is 7.18. This value is within the healthy range. It has increased from 5.05 (Mar 23) to 7.18, marking an increase of 2.13.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 159.30. It has increased from 152.27 (Mar 23) to 159.30, marking an increase of 7.03.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 159.30. It has increased from 152.27 (Mar 23) to 159.30, marking an increase of 7.03.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 25.96. It has increased from 23.01 (Mar 23) to 25.96, marking an increase of 2.95.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 10.73. This value is within the healthy range. It has increased from 8.25 (Mar 23) to 10.73, marking an increase of 2.48.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 10.13. This value is within the healthy range. It has increased from 7.65 (Mar 23) to 10.13, marking an increase of 2.48.
  • For PBT / Share (Rs.), as of Mar 24, the value is 8.69. This value is within the healthy range. It has increased from 6.07 (Mar 23) to 8.69, marking an increase of 2.62.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 6.59. This value is within the healthy range. It has increased from 4.45 (Mar 23) to 6.59, marking an increase of 2.14.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 11.02. This value is within the healthy range. It has increased from 8.22 (Mar 23) to 11.02, marking an increase of 2.80.
  • For PBDIT Margin (%), as of Mar 24, the value is 41.30. This value is within the healthy range. It has increased from 35.87 (Mar 23) to 41.30, marking an increase of 5.43.
  • For PBIT Margin (%), as of Mar 24, the value is 39.00. This value exceeds the healthy maximum of 20. It has increased from 33.26 (Mar 23) to 39.00, marking an increase of 5.74.
  • For PBT Margin (%), as of Mar 24, the value is 33.46. This value is within the healthy range. It has increased from 26.38 (Mar 23) to 33.46, marking an increase of 7.08.
  • For Net Profit Margin (%), as of Mar 24, the value is 25.36. This value exceeds the healthy maximum of 10. It has increased from 19.33 (Mar 23) to 25.36, marking an increase of 6.03.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 42.43. This value exceeds the healthy maximum of 20. It has increased from 35.74 (Mar 23) to 42.43, marking an increase of 6.69.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 6.91. This value is below the healthy minimum of 15. It has increased from 5.40 (Mar 23) to 6.91, marking an increase of 1.51.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 5.43. This value is below the healthy minimum of 10. It has increased from 4.43 (Mar 23) to 5.43, marking an increase of 1.00.
  • For Return On Assets (%), as of Mar 24, the value is 4.52. This value is below the healthy minimum of 5. It has increased from 3.77 (Mar 23) to 4.52, marking an increase of 0.75.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.06. This value is below the healthy minimum of 0.2. It has increased from 0.02 (Mar 23) to 0.06, marking an increase of 0.04.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.11. This value is within the healthy range. It has increased from 0.08 (Mar 23) to 0.11, marking an increase of 0.03.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 0.11. It has increased from 0.08 (Mar 23) to 0.11, marking an increase of 0.03.
  • For Current Ratio (X), as of Mar 24, the value is 2.30. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.30.
  • For Quick Ratio (X), as of Mar 24, the value is 0.80. This value is below the healthy minimum of 1. It has increased from 0.57 (Mar 23) to 0.80, marking an increase of 0.23.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 36.30. This value is within the healthy range. It has decreased from 36.47 (Mar 23) to 36.30, marking a decrease of 0.17.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 34.43. This value is within the healthy range. It has increased from 33.99 (Mar 23) to 34.43, marking an increase of 0.44.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 63.70. This value is within the healthy range. It has increased from 63.53 (Mar 23) to 63.70, marking an increase of 0.17.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 65.57. This value is within the healthy range. It has decreased from 66.01 (Mar 23) to 65.57, marking a decrease of 0.44.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 7.45. This value is within the healthy range. It has increased from 5.21 (Mar 23) to 7.45, marking an increase of 2.24.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 5.57. This value is within the healthy range. It has increased from 3.81 (Mar 23) to 5.57, marking an increase of 1.76.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 222,572.40. It has increased from 89,201.35 (Mar 23) to 222,572.40, marking an increase of 133,371.05.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 34.63. This value exceeds the healthy maximum of 3. It has increased from 15.66 (Mar 23) to 34.63, marking an increase of 18.97.
  • For EV / EBITDA (X), as of Mar 24, the value is 83.83. This value exceeds the healthy maximum of 15. It has increased from 43.66 (Mar 23) to 83.83, marking an increase of 40.17.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 34.60. This value exceeds the healthy maximum of 3. It has increased from 15.52 (Mar 23) to 34.60, marking an increase of 19.08.
  • For Retention Ratios (%), as of Mar 24, the value is 63.69. This value is within the healthy range. It has increased from 63.52 (Mar 23) to 63.69, marking an increase of 0.17.
  • For Price / BV (X), as of Mar 24, the value is 5.64. This value exceeds the healthy maximum of 3. It has increased from 2.34 (Mar 23) to 5.64, marking an increase of 3.30.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 34.60. This value exceeds the healthy maximum of 3. It has increased from 15.52 (Mar 23) to 34.60, marking an increase of 19.08.
  • For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.02 (Mar 23) to 0.01, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of DLF Ltd as of March 12, 2025 is: ₹401.75

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, DLF Ltd is Overvalued by 39.77% compared to the current share price 667.00

Intrinsic Value of DLF Ltd as of March 12, 2025 is: 520.86

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, DLF Ltd is Overvalued by 21.91% compared to the current share price 667.00

Last 5 Year EPS CAGR: 29.65%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (31,998.92 cr) compared to borrowings (15,079.69 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (6.69 cr) and profit (317.31 cr) over the years.
  1. The stock has a low average ROCE of 5.33%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 679.83, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 58.50, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in DLF Ltd:
    1. Net Profit Margin: 25.36%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 5.43% (Industry Average ROCE: 10.29%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 6.91% (Industry Average ROE: 8.69%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 5.57
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.8
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 44 (Industry average Stock P/E: 47.51)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.11
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

DLF Ltd. is a Public Limited Listed company incorporated on 04/07/1963 and has its registered office in the State of Haryana, India. Company's Corporate Identification Number(CIN) is L70101HR1963PLC002484 and registration number is 002484. Currently Company is involved in the business activities of Real estate activities with own or leased property. Company's Total Operating Revenue is Rs. 3242.58 Cr. and Equity Capital is Rs. 495.06 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
RealtyShopping Mall, 3rd Floor, Gurgaon Haryana 122002investor-relations@dlf.in
http://www.dlf.in
Management
NamePosition Held
Dr. K P SinghChairman Emeritus
Mr. Rajiv SinghChairman
Mr. Ashok Kumar TyagiManaging Director & CFO
Mr. Devinder SinghManaging Director
Ms. Pia SinghNon Exe.Non Ind.Director
Ms. Savitri Devi SinghNon Exe.Non Ind.Director
Ms. Anushka SinghNon Exe.Non Ind.Director
Mr. A S MinochaLead Independent Director
Lt. Gen. (Retd.) Aditya SinghIndependent Director
Mr. Vivek MehraIndependent Director
Ms. Priya PaulIndependent Director
Dr. Umesh Kumar ChaudharyIndependent Director
Lt. Gen. (Retd.) Ajai SinghIndependent Director

FAQ

What is the latest intrinsic value of DLF Ltd?

The latest intrinsic value of DLF Ltd as on 09 March 2025 is ₹401.75, which is 39.77% lower than the current market price of 667.00, indicating the stock is overvalued by 39.77%. The intrinsic value of DLF Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹1,65,116 Cr. and recorded a high/low of ₹968/622 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹39,732 Cr and total liabilities of ₹62,579 Cr.

What is the Market Cap of DLF Ltd?

The Market Cap of DLF Ltd is 1,65,116 Cr..

What is the current Stock Price of DLF Ltd as on 09 March 2025?

The current stock price of DLF Ltd as on 09 March 2025 is ₹667.

What is the High / Low of DLF Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of DLF Ltd stocks is ₹968/622.

What is the Stock P/E of DLF Ltd?

The Stock P/E of DLF Ltd is 44.0.

What is the Book Value of DLF Ltd?

The Book Value of DLF Ltd is 163.

What is the Dividend Yield of DLF Ltd?

The Dividend Yield of DLF Ltd is 0.75 %.

What is the ROCE of DLF Ltd?

The ROCE of DLF Ltd is 5.74 %.

What is the ROE of DLF Ltd?

The ROE of DLF Ltd is 6.95 %.

What is the Face Value of DLF Ltd?

The Face Value of DLF Ltd is 2.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in DLF Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE