Share Price and Basic Stock Data
Last Updated: December 12, 2025, 6:22 am
| PEG Ratio | 1.82 |
|---|
Last Updated on: 12 December, 2025
Stock Ticker - BSE: 532868 | NSE: DLF
DLF Ltd: Intrinsic Value & Share Price Analysis
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
DLF Ltd, a titan in the Indian real estate sector, has demonstrated a notable revenue trajectory, with total sales for FY 2025 reported at ₹7,994 Cr, up from ₹6,427 Cr in FY 2024. This growth reflects a resilient demand for residential and commercial properties, despite a fluctuating economic landscape. The company recorded quarterly sales of ₹2,135 Cr in March 2024, indicating a significant upturn compared to earlier quarters. However, the latest figures show a slight dip in the June 2024 quarter to ₹1,362 Cr, a reminder of the volatility inherent in the real estate market. The trailing twelve-month (TTM) revenue stands at ₹9,348 Cr, showcasing a recovery phase as the sector rebounds from the pandemic-induced slump. With a market capitalization of approximately ₹1,70,165 Cr, DLF holds a substantial position, making it a key player in the industry.
Profitability and Efficiency Metrics
In terms of profitability, DLF has shown commendable performance, with a net profit of ₹4,367 Cr for FY 2025, which translates to an impressive earnings per share (EPS) of ₹17.64. The operating profit margin (OPM) stood at 26%, reflecting a solid operational efficiency, although it has seen fluctuations over recent quarters. The company’s return on equity (ROE) at 10.26% and return on capital employed (ROCE) at 6.26% indicate a reasonable return for shareholders, especially in a capital-intensive industry like real estate. However, the interest coverage ratio (ICR) of 7.83x suggests that DLF is comfortably managing its interest obligations, which is a positive sign for investors. That said, operating margins have seen pressures, particularly in the June 2024 quarter, where OPM dipped to 17%, highlighting the challenges of maintaining profitability amidst rising input costs.
Balance Sheet Strength and Financial Ratios
DLF’s balance sheet appears robust, with total reserves reported at ₹42,507 Cr against borrowings of only ₹1,777 Cr, showcasing a conservative leverage approach. This translates to a total debt-to-equity ratio of just 0.09, indicating a strong financial position with minimal reliance on debt. The company’s current ratio of 1.85 suggests it has sufficient short-term assets to cover liabilities, which is comforting for creditors and investors alike. However, the price-to-book value (P/BV) ratio of 3.96x indicates that the stock may be trading at a premium relative to its book value, which could raise questions about valuation, especially if growth slows. Furthermore, the cash conversion cycle (CCC) of 37 days shows efficiency in managing receivables and payables, although it remains crucial to monitor any potential delays in cash flows that could impact liquidity.
Shareholding Pattern and Investor Confidence
DLF’s shareholding structure reflects healthy institutional interest, with foreign institutional investors (FIIs) holding 15.46% and domestic institutional investors (DIIs) at 5.21%. Promoters retain a significant stake of 74.08%, which underscores their commitment and confidence in the company’s future. The number of shareholders has steadily increased to 5,00,928, suggesting growing retail investor interest. This distribution can be a double-edged sword; while a strong promoter holding indicates stability, the high promoter percentage could also mean less liquidity in the stock. As the company navigates through the real estate cycle, the confidence of institutional investors will be critical in sustaining momentum and attracting further investment.
Outlook, Risks, and Final Insight
Looking ahead, DLF’s outlook hinges on continued demand in the real estate market and its ability to manage operational challenges effectively. The potential for regulatory changes and interest rate hikes poses risks that could impact profitability and sales momentum. Additionally, while the company has demonstrated resilience, fluctuations in quarterly performance highlight inherent market vulnerabilities. Investors should be aware that external factors such as economic slowdowns or shifts in consumer preferences can significantly affect performance. The balance between growth ambitions and prudent financial management will be key for DLF as it strives to enhance shareholder value. Ultimately, while the fundamentals appear strong, vigilance regarding market dynamics will be essential for investors considering a stake in this real estate giant.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
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 | 369 Cr. | 13.5 | 35.8/12.7 | 5.03 | 0.00 % | 6.07 % | 3.84 % | 1.00 | |
| Grovy India Ltd | 61.9 Cr. | 46.4 | 58.8/37.0 | 17.7 | 16.5 | 0.22 % | 7.63 % | 9.12 % | 10.0 |
| Gothi Plascon (India) Ltd | 42.1 Cr. | 41.2 | 53.6/37.8 | 24.2 | 12.1 | 4.85 % | 18.8 % | 14.2 % | 10.0 |
| Generic Engineering Construction & Projects Ltd | 260 Cr. | 45.7 | 55.9/22.0 | 21.4 | 50.6 | 0.00 % | 7.55 % | 2.97 % | 5.00 |
| Garnet Construction Ltd | 96.6 Cr. | 69.5 | 77.8/21.6 | 3.75 | 91.8 | 0.00 % | 9.96 % | 7.47 % | 10.0 |
| Industry Average | 18,037.88 Cr | 438.06 | 70.38 | 149.11 | 0.58% | 12.34% | 12.56% | 6.13 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,442 | 1,302 | 1,495 | 1,456 | 1,423 | 1,348 | 1,521 | 2,135 | 1,362 | 1,975 | 1,529 | 3,128 | 2,717 |
| Expenses | 1,028 | 866 | 1,018 | 1,058 | 1,027 | 885 | 1,010 | 1,381 | 1,134 | 1,473 | 1,129 | 2,150 | 2,353 |
| Operating Profit | 414 | 437 | 477 | 398 | 396 | 462 | 511 | 754 | 229 | 502 | 400 | 978 | 364 |
| OPM % | 29% | 34% | 32% | 27% | 28% | 34% | 34% | 35% | 17% | 25% | 26% | 31% | 13% |
| Other Income | 75 | 58 | 65 | 120 | 98 | 129 | 122 | 182 | 367 | 206 | -94 | 220 | 264 |
| Interest | 105 | 107 | 95 | 85 | 85 | 90 | 84 | 98 | 101 | 94 | 94 | 109 | 79 |
| Depreciation | 37 | 37 | 39 | 36 | 36 | 37 | 38 | 37 | 37 | 38 | 39 | 37 | 34 |
| Profit before tax | 346 | 351 | 408 | 397 | 373 | 464 | 512 | 802 | 458 | 577 | 174 | 1,053 | 515 |
| Tax % | 25% | 26% | 27% | 28% | 27% | 24% | 26% | 21% | 26% | -81% | -154% | 17% | 26% |
| Net Profit | 469 | 477 | 518 | 570 | 526 | 622 | 656 | 920 | 645 | 1,381 | 1,059 | 1,282 | 763 |
| EPS in Rs | 1.90 | 1.93 | 2.10 | 2.30 | 2.13 | 2.52 | 2.65 | 3.72 | 2.61 | 5.58 | 4.28 | 5.18 | 3.08 |
Last Updated: August 20, 2025, 11:30 am
Below is a detailed analysis of the quarterly data for DLF Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 2,717.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,128.00 Cr. (Mar 2025) to 2,717.00 Cr., marking a decrease of 411.00 Cr..
- For Expenses, as of Jun 2025, the value is 2,353.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,150.00 Cr. (Mar 2025) to 2,353.00 Cr., marking an increase of 203.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 364.00 Cr.. The value appears to be declining and may need further review. It has decreased from 978.00 Cr. (Mar 2025) to 364.00 Cr., marking a decrease of 614.00 Cr..
- For OPM %, as of Jun 2025, the value is 13.00%. The value appears to be declining and may need further review. It has decreased from 31.00% (Mar 2025) to 13.00%, marking a decrease of 18.00%.
- For Other Income, as of Jun 2025, the value is 264.00 Cr.. The value appears strong and on an upward trend. It has increased from 220.00 Cr. (Mar 2025) to 264.00 Cr., marking an increase of 44.00 Cr..
- For Interest, as of Jun 2025, the value is 79.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 109.00 Cr. (Mar 2025) to 79.00 Cr., marking a decrease of 30.00 Cr..
- For Depreciation, as of Jun 2025, the value is 34.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 37.00 Cr. (Mar 2025) to 34.00 Cr., marking a decrease of 3.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 515.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,053.00 Cr. (Mar 2025) to 515.00 Cr., marking a decrease of 538.00 Cr..
- For Tax %, as of Jun 2025, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 17.00% (Mar 2025) to 26.00%, marking an increase of 9.00%.
- For Net Profit, as of Jun 2025, the value is 763.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,282.00 Cr. (Mar 2025) to 763.00 Cr., marking a decrease of 519.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 3.08. The value appears to be declining and may need further review. It has decreased from 5.18 (Mar 2025) to 3.08, marking a decrease of 2.10.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:26 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8,298 | 7,649 | 9,926 | 8,221 | 6,707 | 8,366 | 6,083 | 5,414 | 5,717 | 5,695 | 6,427 | 7,994 | 9,348 |
| Expenses | 5,805 | 4,635 | 5,960 | 4,775 | 4,329 | 6,218 | 4,937 | 3,945 | 3,974 | 3,969 | 4,303 | 5,885 | 7,104 |
| Operating Profit | 2,493 | 3,014 | 3,966 | 3,446 | 2,378 | 2,148 | 1,146 | 1,469 | 1,743 | 1,726 | 2,124 | 2,109 | 2,244 |
| OPM % | 30% | 39% | 40% | 42% | 35% | 26% | 19% | 27% | 30% | 30% | 33% | 26% | 24% |
| Other Income | 1,133 | 503 | 506 | 1,135 | 9,722 | 784 | 1,135 | 383 | 195 | 317 | 531 | 700 | 597 |
| Interest | 2,463 | 2,304 | 2,680 | 2,980 | 2,951 | 2,062 | 1,427 | 853 | 625 | 392 | 356 | 397 | 375 |
| Depreciation | 663 | 545 | 766 | 572 | 534 | 225 | 200 | 159 | 149 | 149 | 148 | 151 | 148 |
| Profit before tax | 500 | 668 | 1,026 | 1,030 | 8,615 | 646 | 653 | 840 | 1,165 | 1,502 | 2,151 | 2,261 | 2,318 |
| Tax % | -16% | 24% | 55% | 22% | 50% | 43% | 326% | 43% | 28% | 27% | 24% | -19% | |
| Net Profit | 590 | 507 | 305 | 708 | 4,477 | 1,314 | -590 | 1,083 | 1,500 | 2,034 | 2,724 | 4,367 | 4,485 |
| EPS in Rs | 3.63 | 3.03 | 1.72 | 4.01 | 25.02 | 5.98 | -2.36 | 4.42 | 6.06 | 8.22 | 11.02 | 17.64 | 18.12 |
| Dividend Payout % | 55% | 66% | 117% | 50% | 8% | 33% | -85% | 45% | 49% | 49% | 45% | 34% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -14.07% | -39.84% | 132.13% | 532.34% | -70.65% | -144.90% | 283.56% | 38.50% | 35.60% | 33.92% | 60.32% |
| Change in YoY Net Profit Growth (%) | 0.00% | -25.77% | 171.97% | 400.21% | -602.99% | -74.25% | 428.46% | -245.06% | -2.90% | -1.68% | 26.39% |
DLF Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 6% |
| 3 Years: | 12% |
| TTM: | 47% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 91% |
| 3 Years: | 41% |
| TTM: | 49% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 37% |
| 3 Years: | 24% |
| 1 Year: | -10% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 7% |
| 3 Years: | 8% |
| Last Year: | 11% |
Last Updated: September 5, 2025, 3:05 am
Balance Sheet
Last Updated: December 4, 2025, 1:10 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 356 | 356 | 357 | 357 | 357 | 441 | 495 | 495 | 495 | 495 | 495 | 495 | 495 |
| Reserves | 27,039 | 27,013 | 23,712 | 24,216 | 34,954 | 33,135 | 33,952 | 34,849 | 35,867 | 37,192 | 38,936 | 42,055 | 42,507 |
| Borrowings | 24,133 | 24,495 | 25,264 | 29,202 | 17,491 | 17,222 | 8,103 | 6,886 | 4,182 | 3,334 | 4,834 | 4,103 | 1,777 |
| Other Liabilities | 12,997 | 14,398 | 12,396 | 10,179 | 7,783 | 15,684 | 13,341 | 11,258 | 10,623 | 11,551 | 14,804 | 21,819 | 24,161 |
| Total Liabilities | 64,525 | 66,262 | 61,729 | 63,954 | 60,585 | 66,483 | 55,890 | 53,488 | 51,167 | 52,572 | 59,069 | 68,472 | 68,940 |
| Fixed Assets | 18,835 | 19,619 | 3,943 | 24,640 | 8,082 | 6,322 | 5,187 | 4,856 | 4,862 | 4,785 | 3,880 | 3,502 | 3,477 |
| CWIP | 5,979 | 5,901 | 1,779 | 153 | 137 | 103 | 89 | 95 | 81 | 61 | 71 | 86 | 98 |
| Investments | 891 | 623 | 21,310 | 1,209 | 20,832 | 21,005 | 18,566 | 19,746 | 19,779 | 19,481 | 20,138 | 21,336 | 21,944 |
| Other Assets | 38,820 | 40,119 | 34,697 | 37,952 | 31,533 | 39,053 | 32,049 | 28,791 | 26,444 | 28,245 | 34,981 | 43,549 | 43,421 |
| Total Assets | 64,525 | 66,262 | 61,729 | 63,954 | 60,585 | 66,483 | 55,890 | 53,488 | 51,167 | 52,572 | 59,069 | 68,472 | 68,940 |
Below is a detailed analysis of the balance sheet data for DLF Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 495.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 495.00 Cr..
- For Reserves, as of Sep 2025, the value is 42,507.00 Cr.. The value appears strong and on an upward trend. It has increased from 42,055.00 Cr. (Mar 2025) to 42,507.00 Cr., marking an increase of 452.00 Cr..
- For Borrowings, as of Sep 2025, the value is 1,777.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 4,103.00 Cr. (Mar 2025) to 1,777.00 Cr., marking a decrease of 2,326.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 24,161.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 21,819.00 Cr. (Mar 2025) to 24,161.00 Cr., marking an increase of 2,342.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 68,940.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 68,472.00 Cr. (Mar 2025) to 68,940.00 Cr., marking an increase of 468.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 3,477.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,502.00 Cr. (Mar 2025) to 3,477.00 Cr., marking a decrease of 25.00 Cr..
- For CWIP, as of Sep 2025, the value is 98.00 Cr.. The value appears strong and on an upward trend. It has increased from 86.00 Cr. (Mar 2025) to 98.00 Cr., marking an increase of 12.00 Cr..
- For Investments, as of Sep 2025, the value is 21,944.00 Cr.. The value appears strong and on an upward trend. It has increased from 21,336.00 Cr. (Mar 2025) to 21,944.00 Cr., marking an increase of 608.00 Cr..
- For Other Assets, as of Sep 2025, the value is 43,421.00 Cr.. The value appears to be declining and may need further review. It has decreased from 43,549.00 Cr. (Mar 2025) to 43,421.00 Cr., marking a decrease of 128.00 Cr..
- For Total Assets, as of Sep 2025, the value is 68,940.00 Cr.. The value appears strong and on an upward trend. It has increased from 68,472.00 Cr. (Mar 2025) to 68,940.00 Cr., marking an increase of 468.00 Cr..
Notably, the Reserves (42,507.00 Cr.) exceed the Borrowings (1,777.00 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.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -22.00 | -21.00 | -22.00 | -26.00 | -15.00 | -15.00 | -7.00 | -5.00 | -3.00 | -2.00 | -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.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 69 | 76 | 126 | 63 | 70 | 36 | 43 | 39 | 36 | 35 | 31 | 37 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 69 | 76 | 126 | 63 | 70 | 36 | 43 | 39 | 36 | 35 | 31 | 37 |
| Working Capital Days | 538 | 686 | 290 | 533 | 495 | 133 | 612 | 788 | 799 | 742 | 745 | 615 |
| ROCE % | 5% | 6% | 8% | 7% | 5% | 5% | 4% | 4% | 5% | 5% | 6% | 7% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| ICICI Prudential Large Cap Fund | 10,862,303 | 1.08 | 821.46 | N/A | N/A | N/A |
| ICICI Prudential Business Cycle Fund | 5,233,980 | 2.62 | 395.82 | 1,946,445 | 2025-12-07 00:35:01 | 168.9% |
| Quant ELSS Tax Saver Fund | 4,715,209 | 2.87 | 356.59 | N/A | N/A | N/A |
| SBI Balanced Advantage Fund | 4,581,225 | 0.9 | 346.46 | 5,902,050 | 2025-12-08 06:40:05 | -22.38% |
| Aditya Birla Sun Life Large Cap Fund | 3,206,073 | 0.78 | 242.46 | N/A | N/A | N/A |
| HDFC Large Cap Fund | 2,119,006 | 0.4 | 160.25 | N/A | N/A | N/A |
| Quant Flexi Cap Fund | 1,849,051 | 2.03 | 139.83 | N/A | N/A | N/A |
| Tata Arbitrage Fund | 1,827,375 | 0.69 | 138.2 | N/A | N/A | N/A |
| Quant Large & Mid Cap Fund | 1,744,050 | 3.72 | 131.89 | N/A | N/A | N/A |
| Quant Infrastructure Fund | 1,425,600 | 3.26 | 107.81 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 17.64 | 11.02 | 8.22 | 6.06 | 4.42 |
| Diluted EPS (Rs.) | 17.64 | 11.02 | 8.22 | 6.06 | 4.42 |
| Cash EPS (Rs.) | 11.49 | 7.18 | 5.05 | 4.01 | 2.57 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 171.90 | 159.30 | 152.27 | 146.98 | 142.87 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 171.90 | 159.30 | 152.27 | 146.98 | 142.87 |
| Revenue From Operations / Share (Rs.) | 32.29 | 25.96 | 23.01 | 23.10 | 21.87 |
| PBDIT / Share (Rs.) | 12.57 | 10.73 | 8.25 | 8.74 | 7.87 |
| PBIT / Share (Rs.) | 11.96 | 10.13 | 7.65 | 8.13 | 7.23 |
| PBT / Share (Rs.) | 9.13 | 8.69 | 6.07 | 4.70 | 3.39 |
| Net Profit / Share (Rs.) | 10.89 | 6.59 | 4.45 | 3.41 | 1.93 |
| NP After MI And SOA / Share (Rs.) | 17.64 | 11.02 | 8.22 | 6.06 | 4.42 |
| PBDIT Margin (%) | 38.91 | 41.30 | 35.87 | 37.83 | 35.99 |
| PBIT Margin (%) | 37.03 | 39.00 | 33.26 | 35.21 | 33.04 |
| PBT Margin (%) | 28.28 | 33.46 | 26.38 | 20.36 | 15.50 |
| Net Profit Margin (%) | 33.70 | 25.36 | 19.33 | 14.75 | 8.81 |
| NP After MI And SOA Margin (%) | 54.63 | 42.43 | 35.74 | 26.25 | 20.19 |
| Return on Networth / Equity (%) | 10.26 | 6.91 | 5.40 | 4.12 | 3.09 |
| Return on Capital Employeed (%) | 6.26 | 5.43 | 4.43 | 4.78 | 4.25 |
| Return On Assets (%) | 6.28 | 4.52 | 3.77 | 2.85 | 1.99 |
| Long Term Debt / Equity (X) | 0.03 | 0.06 | 0.02 | 0.06 | 0.09 |
| Total Debt / Equity (X) | 0.09 | 0.11 | 0.08 | 0.10 | 0.15 |
| Asset Turnover Ratio (%) | 0.12 | 0.11 | 0.08 | 0.08 | 0.08 |
| Current Ratio (X) | 1.85 | 2.30 | 2.30 | 2.32 | 2.08 |
| Quick Ratio (X) | 0.74 | 0.80 | 0.57 | 0.38 | 0.43 |
| Inventory Turnover Ratio (X) | 0.34 | 0.31 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 28.33 | 36.30 | 36.47 | 32.98 | 18.10 |
| Dividend Payout Ratio (CP) (%) | 27.39 | 34.43 | 33.99 | 29.99 | 15.80 |
| Earning Retention Ratio (%) | 71.67 | 63.70 | 63.53 | 67.02 | 81.90 |
| Cash Earning Retention Ratio (%) | 72.61 | 65.57 | 66.01 | 70.01 | 84.20 |
| Interest Coverage Ratio (X) | 7.83 | 7.45 | 5.21 | 3.46 | 2.28 |
| Interest Coverage Ratio (Post Tax) (X) | 8.55 | 5.57 | 3.81 | 2.71 | 1.67 |
| Enterprise Value (Cr.) | 167960.89 | 222572.40 | 89201.35 | 97221.07 | 75306.92 |
| EV / Net Operating Revenue (X) | 21.01 | 34.63 | 15.66 | 17.00 | 13.91 |
| EV / EBITDA (X) | 53.99 | 83.83 | 43.66 | 44.95 | 38.65 |
| MarketCap / Net Operating Revenue (X) | 21.07 | 34.60 | 15.52 | 16.47 | 13.12 |
| Retention Ratios (%) | 71.66 | 63.69 | 63.52 | 67.01 | 81.89 |
| Price / BV (X) | 3.96 | 5.64 | 2.34 | 2.59 | 2.01 |
| Price / Net Operating Revenue (X) | 21.07 | 34.60 | 15.52 | 16.47 | 13.12 |
| EarningsYield | 0.02 | 0.01 | 0.02 | 0.01 | 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 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 17.64. This value is within the healthy range. It has increased from 11.02 (Mar 24) to 17.64, marking an increase of 6.62.
- For Diluted EPS (Rs.), as of Mar 25, the value is 17.64. This value is within the healthy range. It has increased from 11.02 (Mar 24) to 17.64, marking an increase of 6.62.
- For Cash EPS (Rs.), as of Mar 25, the value is 11.49. This value is within the healthy range. It has increased from 7.18 (Mar 24) to 11.49, marking an increase of 4.31.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 171.90. It has increased from 159.30 (Mar 24) to 171.90, marking an increase of 12.60.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 171.90. It has increased from 159.30 (Mar 24) to 171.90, marking an increase of 12.60.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 32.29. It has increased from 25.96 (Mar 24) to 32.29, marking an increase of 6.33.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 12.57. This value is within the healthy range. It has increased from 10.73 (Mar 24) to 12.57, marking an increase of 1.84.
- For PBIT / Share (Rs.), as of Mar 25, the value is 11.96. This value is within the healthy range. It has increased from 10.13 (Mar 24) to 11.96, marking an increase of 1.83.
- For PBT / Share (Rs.), as of Mar 25, the value is 9.13. This value is within the healthy range. It has increased from 8.69 (Mar 24) to 9.13, marking an increase of 0.44.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 10.89. This value is within the healthy range. It has increased from 6.59 (Mar 24) to 10.89, marking an increase of 4.30.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 17.64. This value is within the healthy range. It has increased from 11.02 (Mar 24) to 17.64, marking an increase of 6.62.
- For PBDIT Margin (%), as of Mar 25, the value is 38.91. This value is within the healthy range. It has decreased from 41.30 (Mar 24) to 38.91, marking a decrease of 2.39.
- For PBIT Margin (%), as of Mar 25, the value is 37.03. This value exceeds the healthy maximum of 20. It has decreased from 39.00 (Mar 24) to 37.03, marking a decrease of 1.97.
- For PBT Margin (%), as of Mar 25, the value is 28.28. This value is within the healthy range. It has decreased from 33.46 (Mar 24) to 28.28, marking a decrease of 5.18.
- For Net Profit Margin (%), as of Mar 25, the value is 33.70. This value exceeds the healthy maximum of 10. It has increased from 25.36 (Mar 24) to 33.70, marking an increase of 8.34.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 54.63. This value exceeds the healthy maximum of 20. It has increased from 42.43 (Mar 24) to 54.63, marking an increase of 12.20.
- For Return on Networth / Equity (%), as of Mar 25, the value is 10.26. This value is below the healthy minimum of 15. It has increased from 6.91 (Mar 24) to 10.26, marking an increase of 3.35.
- For Return on Capital Employeed (%), as of Mar 25, the value is 6.26. This value is below the healthy minimum of 10. It has increased from 5.43 (Mar 24) to 6.26, marking an increase of 0.83.
- For Return On Assets (%), as of Mar 25, the value is 6.28. This value is within the healthy range. It has increased from 4.52 (Mar 24) to 6.28, marking an increase of 1.76.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.03. This value is below the healthy minimum of 0.2. It has decreased from 0.06 (Mar 24) to 0.03, marking a decrease of 0.03.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.09. This value is within the healthy range. It has decreased from 0.11 (Mar 24) to 0.09, marking a decrease of 0.02.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.12. It has increased from 0.11 (Mar 24) to 0.12, marking an increase of 0.01.
- For Current Ratio (X), as of Mar 25, the value is 1.85. This value is within the healthy range. It has decreased from 2.30 (Mar 24) to 1.85, marking a decrease of 0.45.
- For Quick Ratio (X), as of Mar 25, the value is 0.74. This value is below the healthy minimum of 1. It has decreased from 0.80 (Mar 24) to 0.74, marking a decrease of 0.06.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 0.34. This value is below the healthy minimum of 4. It has increased from 0.31 (Mar 24) to 0.34, marking an increase of 0.03.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 28.33. This value is within the healthy range. It has decreased from 36.30 (Mar 24) to 28.33, marking a decrease of 7.97.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 27.39. This value is within the healthy range. It has decreased from 34.43 (Mar 24) to 27.39, marking a decrease of 7.04.
- For Earning Retention Ratio (%), as of Mar 25, the value is 71.67. This value exceeds the healthy maximum of 70. It has increased from 63.70 (Mar 24) to 71.67, marking an increase of 7.97.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 72.61. This value exceeds the healthy maximum of 70. It has increased from 65.57 (Mar 24) to 72.61, marking an increase of 7.04.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 7.83. This value is within the healthy range. It has increased from 7.45 (Mar 24) to 7.83, marking an increase of 0.38.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 8.55. This value is within the healthy range. It has increased from 5.57 (Mar 24) to 8.55, marking an increase of 2.98.
- For Enterprise Value (Cr.), as of Mar 25, the value is 167,960.89. It has decreased from 222,572.40 (Mar 24) to 167,960.89, marking a decrease of 54,611.51.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 21.01. This value exceeds the healthy maximum of 3. It has decreased from 34.63 (Mar 24) to 21.01, marking a decrease of 13.62.
- For EV / EBITDA (X), as of Mar 25, the value is 53.99. This value exceeds the healthy maximum of 15. It has decreased from 83.83 (Mar 24) to 53.99, marking a decrease of 29.84.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 21.07. This value exceeds the healthy maximum of 3. It has decreased from 34.60 (Mar 24) to 21.07, marking a decrease of 13.53.
- For Retention Ratios (%), as of Mar 25, the value is 71.66. This value exceeds the healthy maximum of 70. It has increased from 63.69 (Mar 24) to 71.66, marking an increase of 7.97.
- For Price / BV (X), as of Mar 25, the value is 3.96. This value exceeds the healthy maximum of 3. It has decreased from 5.64 (Mar 24) to 3.96, marking a decrease of 1.68.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 21.07. This value exceeds the healthy maximum of 3. It has decreased from 34.60 (Mar 24) to 21.07, marking a decrease of 13.53.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 24) to 0.02, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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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:
- Net Profit Margin: 33.7%
- 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.
- ROCE: 6.26% (Industry Average ROCE: 12.34%)
- 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.
- ROE%: 10.26% (Industry Average ROE: 12.56%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 8.55
- 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.
- Quick Ratio: 0.74
- 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.
- Stock P/E: 44.5 (Industry average Stock P/E: 70.38)
- 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.
- Total Debt / Equity: 0.09
- 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.
Stock Rating: - Net Profit Margin: 33.7%
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. 4481.51 Cr. and Equity Capital is Rs. 495.06 Cr. for the Year ended 31/03/2025.
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Realty | Shopping Mall, 3rd Floor, Arjun Marg, Gurgaon Haryana 122002 | investor-relations@dlf.in http://www.dlf.in |
| Management | |
|---|---|
| Name | Position Held |
| Dr. K P Singh | Chairman Emeritus |
| Mr. Rajiv Singh | Chairman |
| Mr. Ashok Kumar Tyagi | Managing Director |
| Mr. Devinder Singh | Managing Director |
| Ms. Pia Singh | Non Exe.Non Ind.Director |
| Ms. Savitri Devi Singh | Non Exe.Non Ind.Director |
| Ms. Anushka Singh | Non Exe.Non Ind.Director |
| Mr. Vivek Mehra | Independent Director |
| Ms. Priya Paul | Independent Director |
| Dr. Umesh Kumar Chaudhary | Independent Director |
| Lt. Gen. (Retd.) Ajai Singh | Independent Director |
| Mr. Mahender Singh | Independent Director |
| Ms. Vinati Kastia Kilambi | Independent Director |
FAQ
What is the intrinsic value of DLF Ltd?
DLF Ltd's intrinsic value (as of 12 December 2025) is 712.23 which is 2.63% higher the current market price of 694.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 1,71,700 Cr. market cap, FY2025-2026 high/low of 897/601, reserves of ₹42,507 Cr, and liabilities of 68,940 Cr.
What is the Market Cap of DLF Ltd?
The Market Cap of DLF Ltd is 1,71,700 Cr..
What is the current Stock Price of DLF Ltd as on 12 December 2025?
The current stock price of DLF Ltd as on 12 December 2025 is 694.
What is the High / Low of DLF Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of DLF Ltd stocks is 897/601.
What is the Stock P/E of DLF Ltd?
The Stock P/E of DLF Ltd is 44.5.
What is the Book Value of DLF Ltd?
The Book Value of DLF Ltd is 174.
What is the Dividend Yield of DLF Ltd?
The Dividend Yield of DLF Ltd is 0.86 %.
What is the ROCE of DLF Ltd?
The ROCE of DLF Ltd is 6.51 %.
What is the ROE of DLF Ltd?
The ROE of DLF Ltd is 11.4 %.
What is the Face Value of DLF Ltd?
The Face Value of DLF Ltd is 2.00.