DLF has reduced its net debt by 16 per cent during the July-September period on improved cash flows amid a revival in housing demand. DLF's net debt has come down to Rs 3,985 crore as on September 30, 2021 from Rs 4,745 crore at the end of June quarter of this fiscal year. On debt profile, 64 per cent funding from banks and 52 per cent of scheduled repayment is greater than three years.
The new launches of residential projects would generate healthy cash flows going forward. Surplus cash generation in the medium-term after meeting near-term construction outflows.
DLF is one of India's biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.
| Company Name | CMP |
|---|---|
| Lodha Developers | 867.95 |
| Dilip Buildcon | 455.75 |
| DLF | 601.45 |
| Oberoi Realty | 1712.15 |
| Ahluwalia Contract(I | 831.80 |
| View more.. | |
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