DLF Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 39.2x vs industry 49.1x)
- Virtually debt-free
Concerns
Today's Price Action
The stock is trading at ₹681.9, unchanged from the previous close. Trading volume stands at 19,11,185 shares, exactly matching the 20‑day average, indicating neutral participation without significant pressure.
Valuation Snapshot
DLF’s trailing P/E ratio is 39.1, markedly higher than the sector average of zero, reflecting a premium valuation relative to peers. The return on equity of 9.5% suggests moderate profitability in the context of its capital base. The earnings yield of 2.6% underscores the valuation premium. Compared with the broader market, the ROE is below the average of top‑tier realty firms, suggesting scope for efficiency gains.
Key Levels to Watch
The current price sits near the upper end of the 52‑week range, with the high at ₹795 and the low at ₹489, leaving limited upside distance to the recent peak. Open‑interest data on the nearest strike‑priced options point to resistance around ₹700 and support near ₹650, which may act as short‑term pivots. Historical price clusters indicate that the ₹680–₹690 band has acted as a magnet in recent quarters.
Chart Pattern
In the daily chart, a bullish engulfing candle formed five sessions ago, followed by a dragonfly doji eight sessions ago and a hanging‑man candle four sessions ago, each signaling potential intraday reversals within the recent price action.
Data Summary
Key metrics include a market capitalisation listed as ₹0 Cr, a price‑to‑book ratio of 0, and a P/E of 39.1. The stock’s volatility band spans ₹489 to ₹795 over the past year, with the latest close at ₹681.9. No dividend declared as of today.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| LODHA Lodha Developers Limited | ₹1,222 | ₹1.2L Cr | 29.6 | 5.24 | 15.5 | 16.4 | 0.42 |
| PHOENIXLTD The Phoenix Mills Limited | ₹1,942 | ₹69K Cr | 53.6 | 6.33 | 11.6 | 12.8 | 0.46 |
| PRESTIGE Prestige Estates Projects Limited | ₹1,587 | ₹68K Cr | 60 | 4.2 | 7.53 | 10.4 | 0.92 |
| OBEROIRLTY Oberoi Realty Limited | ₹1,876 | ₹68K Cr | 25.8 | 3.8 | 14.6 | 17.3 | 0.18 |
| GODREJPROP Godrej Properties Limited | ₹1,982 | ₹60K Cr | 36.9 | 3.12 | 8.82 | 7.63 | 0.89 |
| BRIGADE Brigade Enterprises Limited | ₹661 +1.04% | ₹23K Cr | 33.3 | 2.33 | 10.5 | 10.5 | 0.84 |
| ANANTRAJ Anant Raj Limited | ₹613 −0.24% | ₹23K Cr | 38.9 | 3.35 | 11.2 | 12.1 | 0.12 |
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
To consider and approve the unaudited financial results for the quarter ended 30th June 2026
Dividend - Rs 8 Per Share
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 newsDLF publishes routine newspaper notice as per compliance
*DLF publishes routine newspaper notice as per compliance.* This is a standard regulatory disclosure with no financial or strategic implications. Such filings are part of ongoing corporate compliance requirements. No material impact on operations or earnings is expected. 📊 *STOCKS:* DLF | 🏢 *SECTOR:* Realty | #LOWIMPACT #corporate
DLF faces sector headwinds despite luxury market opportunities
*DLF Ltd, India's leading real estate developer, navigates sector headwinds while positioning itself in the **luxury market** segment.* The company faces broader industry challenges but seeks growth opportunities in premium real estate. Market conditions present mixed signals with headwinds offsetting potential luxury segment gains. 📊 *STOCKS:* $DLF | 🏢 *SECTOR:* Realty | #MEDIUMIMPACT #RealEstate
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]
RealtyRealty