DLF

    DLF
    Infra
    ₹644.50
    price as of 11/9/2026, 5:28:00 pm

    Market cap ₹1.60 L Cr

    P/E
    35.87
    Day range
    ₹630.00 – ₹651.40
    52-week range
    ₹489.40 – ₹794.80
    Volume
    45.02 L
    Open
    ₹650.00
    Prev close
    ₹655.85

    Price history

    Loading 6M price history…

    Latest news

    Headlines about DLF from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    34.5
    EPS (TTM)
    ₹17.96
    Price / Book
    3.57
    ROE (FY26)
    10.0%
    ROCE (latest year)
    6%
    Dividend yield
    1.22%
    Net margin (TTM)
    37.7%
    Current ratio
    1.54
    Debt / Equity
    0.01
    Revenue growth (5y)
    7.7%
    EPS growth (5y)
    32.2%

    Moving averages (NSE)

    Simple moving averages of the NSE price, and where the last price sits against each
    5-day10-day20-day50-day100-day300-day
    ₹677.47Price below₹678.98Price below₹674.03Price below₹663.98Price below₹629.32Price above₹635.54Price above

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +12.9%
    Profit 3Y CAGR
    +29.5%
    Revenue YoY (Jun 2026)
    -52.9%
    Profit YoY (Jun 2026)
    +4.1%
    Operating margin
    12.0%
    Net margin
    62.0%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr800 Cr1.6K Cr2.4K Cr3.2K Cr0%9%18%27%36%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • FII
    • DII
    • Public
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-10.0KCr-5.0K Cr0 Cr5.0K Cr10.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26-5%0%5%10%15%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr15.0K Cr30.0K Cr45.0K Cr60.0K Cr0.0x0.3x0.6x0.9x1.2x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales1,3481,5212,1351,3621,9751,5293,1282,7171,6432,0201,8141,280
    Expenses8851,0101,3811,1341,4731,1292,1502,3531,3591,6301,4031,130
    Operating Profit462511754229502400978364284390411150
    OPM %34%34%35%17%25%26%31%13%17%19%23%12%
    Other Income129122182367206-94220264854399308325
    Interest90849810194941097963362118
    Depreciation373837373839373430304835
    Profit before tax4645128024585771741,0535151,045723649423
    Tax %24%26%21%26%-81%-154%17%26%26%-1%-14%27%
    Net Profit6226569206451,3811,0591,2827631,1801,2031,269794
    EPS in Rs₹2.52₹2.65₹3.72₹2.61₹5.58₹4.28₹5.18₹3.08₹4.77₹4.86₹5.12₹3.21

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    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]

    Strengths

    • Company has reduced debt.
    • Company is almost debt free.
    • Company has delivered good profit growth of 29.2% CAGR over last 5 years
    • Company has been maintaining a healthy dividend payout of 41.4%

    Risks

    • Stock is trading at 3.51 times its book value
    • The company has delivered a poor sales growth of 8.64% over past five years.
    • Tax rate seems low
    • Company has a low return on equity of 9.32% over last 3 years.
    • Earnings include an other income of Rs.1,886 Cr.

    Compounded Sales Growth

    10 Years
    -2%
    5 Years
    +9%
    3 Years
    +13%
    TTM
    -28%

    Compounded Profit Growth

    10 Years
    +29%
    5 Years
    +29%
    3 Years
    +27%
    TTM
    +2%

    Stock Price CAGR

    10 Years
    +16%
    5 Years
    +14%
    3 Years
    +7%
    1 Year
    -15%

    Return on Equity

    10 Years
    +5%
    5 Years
    +8%
    3 Years
    +9%
    Last Year
    +10%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter74.08%74.08%74.08%74.08%0.00 pp
    FII15.46%14.82%13.54%12.31%-1.23 pp
    DII5.21%5.78%6.94%8.03%+1.09 pp
    Government0.00%0.00%0.00%0.01%+0.01 pp
    Public5.25%5.34%5.43%5.56%+0.13 pp

    Filed with NSE for Jun 2026: promoters 74.08%, public 25.92% · XBRL filing

    Analysts & fund holdings

    95%
    95% recommend buy
    21 analysts cover the stock
    Valuation vs Real Estate
    P/E35.9 vs 46.5
    Sector P/B3.08
    Beta1.84

    Who holds the shares, quarter by quarter

    Mutual funds 6.12% (+0.97 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters74.1%
    • Foreign institutions12.3%
    • Mutual funds6.1%
    • Insurance1.1%
    • Other domestic institutions0.9%
    • Retail2.6%
    • Others3.0%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    SBI Focused Fund0.71%2.33%+0.06 pp
    ICICI Pru Large Cap Fund0.63%1.32%-0.01 pp
    Parag Parikh Flexi Cap Fund0.56%0.64%+0.61 pp
    SBI Aggressive Hybrid Fund0.54%1.01%+0.07 pp
    ICICI Pru Business Cycle Fund0.29%3.12%+0.37 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Avg
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹8.00

      Dividend - Rs 8 Per Share

      27 Jul 2026
      ex-date
    • dividend
      ₹6.00

      Dividend - Rs 6 Per Share

      28 Jul 2025
      ex-date
    • dividend
      ₹5.00

      Dividend - Rs 5 Per Share

      31 Jul 2024
      ex-date
    • dividend
      ₹4.00

      Dividend - Rs 4 Per Share

      28 Jul 2023
      ex-date
    • dividend
      ₹3.00

      Dividend - Rs 3 Per Share

      2 Aug 2022
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      23 Aug 2021
      ex-date
    • dividend
      ₹0.80

      Annual General Meeting/Dividend - Rs 0.80 Per Share

      15 Sept 2020
      ex-date
    • dividend
      ₹1.20

      Interim Dividend - Rs 1.20 Per Share

      12 Feb 2020
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting/Dividend - Rs 2 Per Share

      22 Jul 2019
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend Re 0.80 Per Share (Purpose Revised)

      12 Sept 2018
      ex-date
    • dividend
      ₹1.20

      Interim Dividend - Rs 1.20 Per Share (Purpose Revised)

      27 Mar 2018
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2/- Per Share

      19 Sept 2017
      ex-date
    • dividend
      ₹2.00

      Interim Dividend - Rs 2/- Per Share (Purpose Revised)

      28 Mar 2016
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2/- Per Share

      17 Aug 2015
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting/Dividend Rs.2/- Per Share

      19 Aug 2014
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting/Dividend Rs 2/- Per Share

      30 Jul 2013
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting/Dividend Rs 2 Per Share

      24 Aug 2012
      ex-date
    • dividend
      ₹2.00

      Dividend-Rs.2/- Per Share

      27 Jul 2011
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting And Dividend Rs.2/- Per Share

      17 Sept 2010
      ex-date
    • dividend
      ₹2.00

      Dividend-Rs.2/- Per Share

      22 Sept 2009
      ex-date

    Company announcements

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Acquisition

    Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

    Company Update
    Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    Transcript of earnings call for Q1 FY27

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Audio/ Video recording of Earnings Call on Un-audited Financial Results of the Company for Q1FY27

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Publication of extracts of Un-audited Financial Results for Q1FY27

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    Scrutinizer's Report and Voting Results

    AGM/EGMPrice-sensitive
    61St Annual General Meeting

    Chairman's Speech

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Summary of Proceedings of 61st Annual General Meeting

    Company Update
    Announcement under Regulation 30 (LODR)-Investor Presentation

    Q1FY27 Results Presentation

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    DLF Announces Financial Results for Q1FY27

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Re-appointment of cost auditor for financial year 2026-27

    Result
    Outcome Of Board Meeting

    Un-audited Financial Results (Standalone & Consolidation) for the quarter ended 30th June 2026

    Board Meeting
    Board Meeting Outcome for Outcome Of Board Meeting

    Un-audited Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Analyst Meet Q1FY27 Earnings Call

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Unaudited Financial Results For The Quarter Ended 30Th June 2026

    DLF Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2026 ,inter alia, to consider and approve Unaudited Financial Results for the Quarter ....

    Filed with BSE (scrip 532868); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 24 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.