DLF Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 34.6x vs industry 46.3x)
- ✓Virtually debt-free
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| LODHA Lodha Developers Limited | ₹896 | ₹90K Cr | 26.3 | 3.84 | 15.8 | 16.6 | 0.42 |
| PHOENIXLTD The Phoenix Mills Limited | ₹1,743 | ₹61K Cr | 49.2 | 5.68 | 11.6 | 12.8 | 0.46 |
| OBEROIRLTY Oberoi Realty Limited | ₹1,637 | ₹61K Cr | 24.1 | 3.32 | 15 | 17.8 | 0.18 |
| PRESTIGE Prestige Estates Projects Limited | ₹1,385 | ₹60K Cr | 50.3 | 3.66 | 7.54 | 10.4 | 0.92 |
| GODREJPROP Godrej Properties Limited | ₹1,704 | ₹52K Cr | 27.8 | 2.68 | 10.2 | 8.28 | 0.89 |
| ANANTRAJ Anant Raj Limited | ₹570 -3.27% | ₹20K Cr | 35.8 | 3.35 | 11.2 | 12.1 | 0.12 |
| BRIGADE Brigade Enterprises Limited | ₹651 +0.32% | ₹16K Cr | 24.5 | 2.33 | 10.4 | 10.5 | 0.84 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
DLF · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 74.08% | 74.08% | 74.08% | 74.08% | 74.08% | 74.08% |
| FII | 15.75% | 16.53% | 16.17% | 16.66% | 16.37% | 16.27% |
| DII | 5.47% | 4.77% | 4.81% | 4.66% | 4.87% | 4.72% |
| Public | 4.72% | 4.62% | 4.95% | 4.62% | 4.69% | 4.93% |
Corporate Events
Board Meeting intimation to consider and recommend Dividend, if any, for FY 2025-26
To consider and approve, inter-alia, the Audited Financial Results for the Quarter and Financial Year (FY) ended 31st March 2026
Dividend - Rs 6 Per Share
Dividend - Rs 5 Per Share
Dividend - Rs 4 Per Share
Latest News
All news →Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.0K Cr ▲22.9% | ₹1.6K Cr ▼39.5% | ₹2.7K Cr ▼13.1% | ₹3.1K Cr ▲104.6% | ₹1.5K Cr ▼22.6% | ₹2.0K Cr ▲45.0% | ₹1.4K Cr ▼36.2% | ₹2.1K Cr |
| Op. Profit | ₹390 Cr ▲37.3% | ₹284 Cr ▼22.0% | ₹364 Cr ▼62.8% | ₹978 Cr ▲144.5% | ₹400 Cr ▼20.3% | ₹502 Cr ▲119.2% | ₹229 Cr ▼69.6% | ₹754 Cr |
| OPM | 19.0% ▲11.8% | 17.0% ▲30.8% | 13.0% ▼58.1% | 31.0% ▲19.2% | 26.0% ▲4.0% | 25.0% ▲47.1% | 17.0% ▼51.4% | 35.0% |
| Net Profit | ₹1.2K Cr ▲1.9% | ₹1.2K Cr ▲54.7% | ₹763 Cr ▼40.5% | ₹1.3K Cr ▲21.1% | ₹1.1K Cr ▼23.3% | ₹1.4K Cr ▲114.1% | ₹645 Cr ▼29.9% | ₹920 Cr |
| EPS (₹) | 4.86 ▲1.9% | 4.77 ▲54.9% | 3.08 ▼40.5% | 5.18 ▲21.0% | 4.28 ▼23.3% | 5.58 ▲113.8% | 2.61 ▼29.8% | 3.72 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹8.2K Cr ▲2.5% | ₹8.0K Cr ▲24.4% | ₹6.4K Cr ▲12.9% | ₹5.7K Cr ▼0.4% | ₹5.7K Cr ▲5.6% | ₹5.4K Cr ▼11.0% | ₹6.1K Cr ▼27.3% | ₹8.4K Cr ▲24.7% | ₹6.7K Cr ▼18.4% | ₹8.2K Cr |
| Expenses | ₹6.7K Cr ▲14.6% | ₹5.9K Cr ▲36.8% | ₹4.3K Cr ▲8.4% | ₹4.0K Cr ▼0.1% | ₹4.0K Cr ▲0.7% | ₹3.9K Cr ▼20.1% | ₹4.9K Cr ▼20.6% | ₹6.2K Cr ▲43.6% | ₹4.3K Cr ▼9.3% | ₹4.8K Cr |
| Op. Profit | ₹1.4K Cr ▼31.3% | ₹2.1K Cr ▼0.7% | ₹2.1K Cr ▲23.1% | ₹1.7K Cr ▼1.0% | ₹1.7K Cr ▲18.7% | ₹1.5K Cr ▲28.2% | ₹1.1K Cr ▼46.6% | ₹2.1K Cr ▼9.7% | ₹2.4K Cr ▼31.0% | ₹3.4K Cr |
| OPM | 18.0% ▼30.8% | 26.0% ▼21.2% | 33.0% ▲10.0% | 30.0% ▲0.0% | 30.0% ▲11.1% | 27.0% ▲42.1% | 19.0% ▼26.9% | 26.0% ▼25.7% | 35.0% ▼16.7% | 42.0% |
| Other Income | ₹1.8K Cr ▲160.7% | ₹700 Cr ▲31.8% | ₹531 Cr ▲67.5% | ₹317 Cr ▲62.6% | ₹195 Cr ▼49.1% | ₹383 Cr ▼66.3% | ₹1.1K Cr ▲44.8% | ₹784 Cr ▼91.9% | ₹9.7K Cr ▲756.6% | ₹1.1K Cr |
| Interest | ₹199 Cr ▼49.9% | ₹397 Cr ▲11.5% | ₹356 Cr ▼9.2% | ₹392 Cr ▼37.3% | ₹625 Cr ▼26.7% | ₹853 Cr ▼40.2% | ₹1.4K Cr ▼30.8% | ₹2.1K Cr ▼30.1% | ₹3.0K Cr ▼1.0% | ₹3.0K Cr |
| Depreciation | ₹142 Cr ▼6.0% | ₹151 Cr ▲2.0% | ₹148 Cr ▼0.7% | ₹149 Cr ▲0.0% | ₹149 Cr ▼6.3% | ₹159 Cr ▼20.5% | ₹200 Cr ▼11.1% | ₹225 Cr ▼57.9% | ₹534 Cr ▼6.6% | ₹572 Cr |
| PBT | ₹2.9K Cr ▲29.7% | ₹2.3K Cr ▲5.1% | ₹2.2K Cr ▲43.2% | ₹1.5K Cr ▲28.9% | ₹1.2K Cr ▲38.7% | ₹840 Cr ▲28.6% | ₹653 Cr ▲1.1% | ₹646 Cr ▼92.5% | ₹8.6K Cr ▲736.4% | ₹1.0K Cr |
| Tax % | 11.0% ▲157.9% | -19.0% ▼179.2% | 24.0% ▼11.1% | 27.0% ▼3.6% | 28.0% ▼34.9% | 43.0% ▼86.8% | 326.0% ▲658.1% | 43.0% ▼14.0% | 50.0% ▲127.3% | 22.0% |
| Net Profit | ₹4.4K Cr ▲1.1% | ₹4.4K Cr ▲60.3% | ₹2.7K Cr ▲33.9% | ₹2.0K Cr ▲35.6% | ₹1.5K Cr ▲38.5% | ₹1.1K Cr ▲283.6% | ₹-590 Cr ▼144.9% | ₹1.3K Cr ▼70.6% | ₹4.5K Cr ▲532.3% | ₹708 Cr |
| EPS (₹) | 17.83 ▲1.1% | 17.64 ▲60.1% | 11.02 ▲34.1% | 8.22 ▲35.6% | 6.06 ▲37.1% | 4.42 ▲287.3% | -2.36 ▼139.5% | 5.98 ▼76.1% | 25.02 ▲523.9% | 4.01 |
| Div Payout | 45.0% ▲32.4% | 34.0% ▼24.4% | 45.0% ▼8.2% | 49.0% ▲0.0% | 49.0% ▲8.9% | 45.0% ▲152.9% | -85.0% ▼357.6% | 33.0% ▲312.5% | 8.0% ▼84.0% | 50.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹495 Cr ▲0.0% | ₹495 Cr ▲0.0% | ₹495 Cr ▲0.0% | ₹495 Cr ▲0.0% | ₹495 Cr ▲0.0% | ₹495 Cr ▲0.0% | ₹495 Cr ▲12.2% | ₹441 Cr ▲23.5% | ₹357 Cr ▲0.0% | ₹357 Cr |
| Reserves | ₹42.5K Cr ▲1.1% | ₹42.1K Cr ▲8.0% | ₹38.9K Cr ▲4.7% | ₹37.2K Cr ▲3.7% | ₹35.9K Cr ▲2.9% | ₹34.8K Cr ▲2.6% | ₹34.0K Cr ▲2.5% | ₹33.1K Cr ▼5.2% | ₹35.0K Cr ▲44.3% | ₹24.2K Cr |
| Borrowings | ₹1.8K Cr ▼56.7% | ₹4.1K Cr ▼15.1% | ₹4.8K Cr ▲45.0% | ₹3.3K Cr ▼20.3% | ₹4.2K Cr ▼39.3% | ₹6.9K Cr ▼15.0% | ₹8.1K Cr ▼52.9% | ₹17.2K Cr ▼1.5% | ₹17.5K Cr ▼40.1% | ₹29.2K Cr |
| Other Liabilities | ₹24.2K Cr ▲10.7% | ₹21.8K Cr ▲47.4% | ₹14.8K Cr ▲28.2% | ₹11.6K Cr ▲8.7% | ₹10.6K Cr ▼5.6% | ₹11.3K Cr ▼15.6% | ₹13.3K Cr ▼14.9% | ₹15.7K Cr ▲101.5% | ₹7.8K Cr ▼23.5% | ₹10.2K Cr |
| Total Liabilities | ₹68.9K Cr ▲0.7% | ₹68.5K Cr ▲15.9% | ₹59.1K Cr ▲12.4% | ₹52.6K Cr ▲2.7% | ₹51.2K Cr ▼4.3% | ₹53.5K Cr ▼4.3% | ₹55.9K Cr ▼15.9% | ₹66.5K Cr ▲9.7% | ₹60.6K Cr ▼5.3% | ₹64.0K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹3.5K Cr ▼0.7% | ₹3.5K Cr ▼9.7% | ₹3.9K Cr ▼18.9% | ₹4.8K Cr ▼1.6% | ₹4.9K Cr ▲0.1% | ₹4.9K Cr ▼6.4% | ₹5.2K Cr ▼18.0% | ₹6.3K Cr ▼21.8% | ₹8.1K Cr ▼67.2% | ₹24.6K Cr |
| CWIP | ₹98 Cr ▲14.0% | ₹86 Cr ▲21.1% | ₹71 Cr ▲16.4% | ₹61 Cr ▼24.7% | ₹81 Cr ▼14.7% | ₹95 Cr ▲6.7% | ₹89 Cr ▼13.6% | ₹103 Cr ▼24.8% | ₹137 Cr ▼10.5% | ₹153 Cr |
| Investments | ₹21.9K Cr ▲2.8% | ₹21.3K Cr ▲5.9% | ₹20.1K Cr ▲3.4% | ₹19.5K Cr ▼1.5% | ₹19.8K Cr ▲0.2% | ₹19.7K Cr ▲6.4% | ₹18.6K Cr ▼11.6% | ₹21.0K Cr ▲0.8% | ₹20.8K Cr ▲1623.1% | ₹1.2K Cr |
| Other Assets | ₹43.4K Cr ▼0.3% | ₹43.5K Cr ▲24.5% | ₹35.0K Cr ▲23.8% | ₹28.2K Cr ▲6.8% | ₹26.4K Cr ▼8.2% | ₹28.8K Cr ▼10.2% | ₹32.0K Cr ▼17.9% | ₹39.1K Cr ▲23.8% | ₹31.5K Cr ▼16.9% | ₹38.0K Cr |
| Total Assets | ₹68.9K Cr ▲0.7% | ₹68.5K Cr ▲15.9% | ₹59.1K Cr ▲12.4% | ₹52.6K Cr ▲2.7% | ₹51.2K Cr ▼4.3% | ₹53.5K Cr ▼4.3% | ₹55.9K Cr ▼15.9% | ₹66.5K Cr ▲9.7% | ₹60.6K Cr ▼5.3% | ₹64.0K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹5.2K Cr ▲106.2% | ₹2.5K Cr ▲6.9% | ₹2.4K Cr ▼16.1% | ₹2.8K Cr ▲94.0% | ₹1.5K Cr ▲310.1% | ₹356 Cr ▼82.6% | ₹2.0K Cr ▲656.7% | ₹270 Cr ▲130.1% | ₹-898 Cr ▼130.4% | ₹3.0K Cr |
| Investing CF | ₹-3.5K Cr ▼127.3% | ₹-1.5K Cr ▼231.7% | ₹-461 Cr ▼272.7% | ₹267 Cr ▲78.0% | ₹150 Cr ▼97.7% | ₹6.5K Cr ▲216833.3% | ₹3 Cr ▲100.1% | ₹-2.1K Cr ▼341.1% | ₹872 Cr ▲206.6% | ₹-818 Cr |
| Financing CF | ₹-2.4K Cr ▼1457.6% | ₹177 Cr ▲108.8% | ₹-2.0K Cr ▲47.4% | ₹-3.8K Cr ▼75.3% | ₹-2.2K Cr ▲77.1% | ₹-9.5K Cr ▼1188.2% | ₹875 Cr ▲477.2% | ₹-232 Cr ▼129.5% | ₹787 Cr ▲140.8% | ₹-1.9K Cr |
| Net Cash Flow | ₹-642 Cr ▼154.1% | ₹1.2K Cr ▲1310.2% | ₹-98 Cr ▲86.6% | ₹-729 Cr ▼27.2% | ₹-573 Cr ▲78.4% | ₹-2.7K Cr ▼191.0% | ₹2.9K Cr ▲241.5% | ₹-2.1K Cr ▼371.2% | ₹761 Cr ▲262.4% | ₹210 Cr |
| Free Cash Flow | ₹5.1K Cr ▲62.3% | ₹3.2K Cr ▲36.4% | ₹2.3K Cr ▼13.5% | ₹2.7K Cr ▲75.5% | ₹1.5K Cr ▲604.6% | ₹217 Cr ▼85.3% | ₹1.5K Cr ▲424.0% | ₹-455 Cr ▲58.7% | ₹-1.1K Cr ▼146.4% | ₹2.4K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 37d ▲19.4% | 31d ▼11.4% | 35d ▼2.8% | 36d ▼7.7% | 39d ▼9.3% | 43d ▲19.4% | 36d ▼48.6% | 70d ▲11.1% | 63d ▼50.0% | 126d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 37d ▲19.4% | 31d ▼11.4% | 35d ▼2.8% | 36d ▼7.7% | 39d ▼9.3% | 43d ▲19.4% | 36d ▼48.6% | 70d ▲11.1% | 63d ▼50.0% | 126d |
| Working Capital Days | 615d ▼17.4% | 745d ▲0.4% | 742d ▼7.1% | 799d ▲1.4% | 788d ▲28.8% | 612d ▲360.2% | 133d ▼73.1% | 495d ▼7.1% | 533d ▲83.8% | 290d |
| ROCE | 7.0% ▲16.7% | 6.0% ▲20.0% | 5.0% ▲0.0% | 5.0% ▲25.0% | 4.0% ▲0.0% | 4.0% ▼20.0% | 5.0% ▲0.0% | 5.0% ▼28.6% | 7.0% ▼12.5% | 8.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About DLF Limited
DLF Ltd with its subsidiaries, associates and JVs is engaged in real estate development, from the identification and acquisition of land to planning, execution, construction and marketing of projects. It is also engaged in business of leasing, generation of power, provision of maintenance services, hospitality and recreational services which are related to the overall development of real estate business.[1]
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