Check Before You Invest : DLF Ltd

Q: Which industry/sub-sector does DLF Ltd belong to?

DLF Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Construction - Real Estate segment.

Q: Is DLF Ltd a good quality company?

DLF Ltd is a average quality company, based on a somewhat consistent multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is DLF Ltd undervalued or overvalued?

DLF Ltd appears Overvalued, as its key valuation ratios are higher than their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: 51.93, Historic Median: 69.77. Price to Book, Current: 5.15, Historic Median: 4.56. Price to Sales, Current: 38.49, Historic Median: 34.23. EV to EBITDA, Current: 44.1, Historic Median: 44.26

Q: Is DLF Ltd a good buy now?

DLF Ltd is a good buy now, based on strong price trend analysis suggesting prices may rise. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of DLF Ltd?

DLF Ltd revenue growth is 38.2% for FY-2025, which is above its 5-year CAGR of 13.59%, indicating faster growth.

Q: Gross Profit margin of DLF Ltd?

DLF Ltd Gross profit margin which is the profit after deduction of direct costs, is 52.2% for FY-2025, which is above its 5-year median of 49%, indicating increasing margins.

Q: Operating Profit Margin of DLF Ltd?

DLF Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 28.29% for FY-2025, which is below its 5-year median of 42.6% indicating decreasing margins.

Q: Net Profit Margin of DLF Ltd?

DLF Ltd Net Profit Margin is 35.26% for FY-2025, is in line with its 5-year median of 35.26%, indicating stable margins. Profitability Metrics. Gross Profit Margin (%), Current: 52.2, Historic Median: 49. Operating Profit Margin (%), Current: 28.29, Historic Median: 42.6. Net Profit Margin (%), Current: 35.26, Historic Median: 35.26

Q: Return on Asset of DLF Ltd?

DLF Ltd Return on Asset is 3.96%, which is above its 5-year historical median of 3.67%, indicating improved asset utilization efficiency.

Q: Return on capital employed (ROCE) of DLF Ltd?

DLF Ltd Return on capital employed is 7.42% for FY-2025, which is above its 5-year historical median of 6.74%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 11.25%, indicating value preservation.

Check Before You Invest : DLF Ltd

Snapshot

Q.1 Which industry/sub-sector does DLF Ltd belong to?

DLF Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Construction - Real Estate segment.

Q.2 Is DLF Ltd a good quality company?

DLF Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is DLF Ltd undervalued or overvalued?

DLF Ltd appears Overvalued, as its key valuation ratios are higher than their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	51.93	69.77
Price to Book	5.15	4.56
Price to Sales	38.49	34.23
EV to EBITDA	44.1	44.26

Q.4 Is DLF Ltd a good buy now?

DLF Ltd is a good buy now, based on strong price trend analysis suggesting prices may rise. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of DLF Ltd?

DLF Ltd revenue growth is 38.2% for FY-2025, which is above its 5-year CAGR of 13.59%, indicating faster growth.

Q.2 Gross Profit margin of DLF Ltd?

DLF Ltd Gross profit margin which is the profit after deduction of direct costs, is 52.2% for FY-2025, which is above its 5-year median of 49%, indicating increasing margins.

Q.3 Operating Profit Margin of DLF Ltd?

DLF Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 28.29% for FY-2025, which is below its 5-year median of 42.6% indicating decreasing margins.

Q.4 Net Profit Margin of DLF Ltd?

DLF Ltd Net Profit Margin is 35.26% for FY-2025, is in line with its 5-year median of 35.26%, indicating stable margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	52.2	49
Operating Profit Margin (%)	28.29	42.6
Net Profit Margin (%)	35.26	35.26

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of DLF Ltd?

DLF Ltd Return on Asset is 3.96%, which is above its 5-year historical median of 3.67%, indicating improved asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of DLF Ltd?

DLF Ltd Return on capital employed is 7.42% for FY-2025, which is above its 5-year historical median of 6.74%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 11.25%, indicating value preservation.

Q.7 Return on Equity (ROE) of DLF Ltd?

DLF Ltd Return on equity is 5.4% for FY-2025, which is above its 5-year historical median of 4.98%, indicating the business is making better use of its shareholders capital.

Q.8 Cash conversion cycle of DLF Ltd?

DLF Ltd Cash conversion cycle is 681 days, below its 5-year historical median of 778 days, indicating improved working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover (x)	0.12	0.11
ROE (%)	5.4	4.98
ROCE (%)	7.42	6.74
Cash Conversion Cycle	681 days	778 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of DLF Ltd?

DLF Ltd Debt-to-Equity ratio is 0.11, which is lower the industry average of 0.23, indicating lower debt levels in the industry.

Q.10 Debt to cash flow from operations of DLF Ltd?

DLF Ltd Debt to cash flow from operations is 0.68, which is at a healthy level.

Ownership & governance

D: Promoter shareholding and pledge status of DLF Ltd?

Q.1 Promoter shareholding and pledge status of DLF Ltd?

Promoters hold 74.08% of the DLF Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does DLF Ltd performance compare with that of its Peers?

Q.1 Revenue growth of DLF Ltd vs industry peers?

DLF Ltd revenue CAGR is 13.59%, compared to the industry median CAGR of 13.59%, indicating stable growth and maintaining its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	38.2	13.6
Gross Profit Growth (%)	53.5	0.6
Operating Profit Growth (%)	21	24.6
Net Profit Growth (%)	26.3	-6.9

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	0.12	0.11
ROE (%)	5.4	4.98
ROCE (%)	7.42	6.74
Cash Conversion Cycle (days)	680.9	778

Valuation & price assessment

Q.1 Stock return of DLF Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 16.9% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	16.9%	18.7%	12.1%	-3.7%

Q.2 Valuation ratios of DLF Ltd vs historical?

The current P/E ratio of 51.93 is lower than its historical median of 69.77, indicating that the stock is trading below its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	51.93	69.77	33.43
Price to Book	5.15	4.56	1.53
Price to Sales	38.49	34.23	5.23
EV to EBITDA	44.1	44.26	14.43

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Check Before You Invest : DLF Ltd

Snapshot

Performance Analysis

Ownership & governance

Peer comparison (industry-wise, mcap)

Profit Metrics

Operating Efficiency

Valuation & price assessment

Check more companies

Check trending companies

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