SEBI Reg. Investment Advisor

Download App
Help Center Pricing
Money Works 4 Me Logo MoneyWorks4Me
Talk to Advisor
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up

DLF Ltd (DLF)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532868 NSE: DLF Construction - Real Estate | Large Cap | DLF Share Price

₹577.65 -0.10 (-0.02%)

As on 05-Jun'26 16:59

DLF Ltd (DLF)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532868 NSE: DLF Construction - Real Estate | Large Cap | DLF Share Price

₹577.65 -0.10 (-0.02%)

As on 05-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,43,011 Cr.
Current Price
₹577.7
52-Week Low / High
₹489 / 888
TTM EPS
₹15.1
TTM Sales
₹3,984 Cr.
Book Value per Share
₹127.6
P/E Ratio
38.16
Lower than its 5-year historical median
Industry PE
42.8
Price to Book (P/B)
4.53
In line with its 5-year historical median
Price to Sales (P/S)
35.89
In line with its 5-year historical median
EV/EBITDA
30.61
Lower than its 5-year historical median
Dividend Yield
0.88%
Profitability Efficiency
Return on Equity (ROE)
5.40%
Outperforms industry median
Return on Capital Employed (ROCE)
7.42%
Outperforms industry median
Return on Assets (ROA)
3.96%
Operating Profit Margin
28.3%
Net Profit Margin
35.26%
Gross Profit Margin
52.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
38.21%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
20.99%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
26.28%
Asset Quality
Promoter Holding
74.08%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹31,093 Cr.
Equity
₹495.1 Cr.
Face Value
₹2
All Time Low / High
₹72.50 / 1225.00

DLF stock performance

Key Ratios
mw4me loader

Check Before You Invest

Check Before You Invest

Quality

Somewhat Good
Check detailed performance

Valuation

Somewhat Overvalued

Check Valuation charts

Price Trend

Semi Strong
Check Price chart
Q.1 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.

View More

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.

View More
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.
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.
Q.1 Stock return of DLF Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 17% based on the current price.
View More

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
DLF Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation ⓘ

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ11.9%9%5.9%5.3%13.5%6%6.7%9.8%5.6%7.4%-
Value Creation
Index ⓘ		-0.1-0.2-0.5-0.50.2-0.5-0.4-0.1-0.5-0.3-

Growth Parameters ⓘ
Sales ⓘ3,6223,7043,0563,2952,3703,9294,0543,9793,2434,4823,984
Sales YoY Gr.-2.3%-17.5%7.8%-28.1%65.8%3.2%-1.8%-18.5%38.2%-
Adj EPS ⓘ6.83.52.43.264.66.19.25.17.215.1
YoY Gr.--48.1%-30.5%29.9%90.2%-23.6%31.5%52.2%-45.2%43.4%-
BVPS (₹) ⓘ7982.3127.1101.2108.3106.6110116.4117.4118.8127.6
Adj Net
Profit ⓘ		1,2066274366991,4921,1401,5002,2821,2501,7923,748
Cash Flow from Ops. ⓘ849-69630.965520.48851,8551,5931,0904,694-
Debt/CF from Ops. ⓘ11-13.1184.76.6300.8621.93.10.7-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ2.4%13.6%3.4%38.2%
Adj EPS ⓘ0.8%3.7%6.1%43.4%
BVPSⓘ4.6%1.9%2.6%1.2%
Share Price 15.9% 14.2% 5.3% -34.4%

Key Financial Parameters ⓘ

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		7.74.42.3364.35.68.24.36.112.3
Op. Profit
Mgn % ⓘ		41.740.533.637.321.742.644.948.832.328.343.6
Net Profit
Mgn % ⓘ		33.316.914.321.263293757.438.64094.1
Debt to
Equity ⓘ		0.70.60.30.20.20.20.10.10.10.10
Working Cap
Days ⓘ		2,1101,6171,8251,8002,9191,7151,3011,2461,3871,326888
Cash Conv.
Cycle ⓘ		8259411,1261,1041,626958856731778681245

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales3,6223,7043,0563,2952,3703,9294,0543,9793,2434,482
Operating Expenses ⓘ + 2,2222,2042,0282,0851,9482,3992,2342,0382,1953,214
Manufacturing Costs144322367356286239246250264177
Material Costs1,5601,3751,1531,2791,0101,5481,4581,0301,0621,991
Employee Cost 90108144198206191239380351385
Other Costs ⓘ 428398364252446420292378517661
Operating Profit ⓘ 1,4001,5001,0281,2114221,5301,8191,9411,0481,268
Operating Profit Margin (%) 38.7%40.5%33.6%36.7%17.8%38.9%44.9%48.8%32.3%28.3%
Other Income ⓘ + 1,2967577934202,5455516031,1948351,520
Exceptional Items ⓘ 513-42-12101,186-45-23500-302
Interest ⓘ 1,3851,2361,023740590575436321286337
Depreciation ⓘ 7599132125968377767073
Profit Before Tax ⓘ 1,7508805457663,4661,3781,6752,7391,5272,075
Tax ⓘ 254284180781,202325340428276495
Profit After Tax 1,4975973656882,2641,0531,3352,3111,2511,580
PAT Margin (%) 41.3%16.1%12.0%20.9%95.5%26.8%32.9%58.1%38.6%35.3%
Adjusted EPS (₹)8.43.32.13.19.24.35.49.35.16.4
Dividend Payout Ratio (%)23.80%59.80%97.70%64.20%21.90%47%55.60%42.90%98.90%94%

Valuation of DLF - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 14,08814,68822,67222,33026,80526,38927,23028,80429,06529,407
Share Capital ⓘ 357357357441495495495495495495
Reserves ⓘ 13,73114,33122,31521,88826,31025,89426,73528,30928,57028,912
Debt +8,4097,7673,6463,3794,5334,4553,6202,9853,2512,159
Long Term Debt6,3754,7602,6902,0002,2942,0981,9621,0501,8411,073
Short Term Debt2,0343,0089561,3792,2392,3571,6581,9351,4101,085
Minority Interest0000000000
Trade Payables5566068227217179601,1261,0581,1001,427
Others Liabilities ⓘ 4,4303,7974,1847,0517,6355,5143,4192,9433,6549,657
Total Liabilities ⓘ 27,48226,85831,32333,48139,68937,31835,39435,79037,06942,650

Fixed Assets

Net Fixed Assets ⓘ +603528472438523425378341304298
Gross Block635583565565706606612627571614
Accumulated Depreciation325593127183182234286267316
CWIP ⓘ 282815190111115539
Investments ⓘ 3,8067,33510,2019,62814,75819,72119,99619,89619,48419,548
Inventories8,9729,6739,73211,35710,68811,67310,6719,79110,32911,025
Trade Receivables1,523596405171146104424984213
Cash Equivalents 1,0519231,0093,6131,7157062496841,4922,513
Others Assets ⓘ 11,4997,7759,4908,25511,8604,6893,9474,8745,3739,045
Total Assets ⓘ 27,48226,85831,32333,48139,68937,31835,39435,79037,06942,650

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + 849-69631655208851,8551,5931,0904,694
PBT ⓘ 1,7508805457663,4661,3781,6752,7391,5272,075
Adjustment ⓘ -196749633399-2,951384176-763-458-833
Changes in Working Capital ⓘ -521-2200-1097-408-463-1024-50-3001453126
Tax Paid ⓘ -295-126-51-101-3214754-83-124325
Cash Flow From Investing Activity ⓘ + 3,9012,103-3,9391,192-4,849-25621031180-3,086
Capex -319-95332-572,91675-148-45-19-59
Net Investments 3,818-1126992-44851131-383-796-4,344
Others ⓘ 4012,208-4,298258-7,317-3822274599951,317
Cash Flow From Financing Activity ⓘ -4,720-1,5363,9928032,617-1,345-2,547-1,715-1,029-1,702
Net Proceeds from Shares ⓘ + 0003,094000000
Net Proceeds from Borrowing ⓘ -1,977-1,290-1,383-1,888252-455-406-411783215
Interest Paid ⓘ -1,564-1,220-930-657-533-686-402-299-266-328
Dividend Paid ⓘ -7130-570-140-792-199-497-743-987-1,234
Others ⓘ -4669746,8753953,689-6-1,242-262-559-356
Net Cash Flow ⓘ 30-130832,651-2,212-716-482-91240-94

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)9.594.151.963.069.223.964.988.254.325.4
ROCE (%)11.888.955.935.3213.456.046.749.755.647.42
Asset Turnover Ratio0.110.140.110.10.060.10.110.110.10.12
PAT to CFO Conversion(x)0.57-1.170.080.950.010.841.390.690.872.97
Working Capital Days
Receivable Days87.40104.4059.8031.9024.4011.606.504.206.5011.60
Inventory Days830.40918.701,158.701,167.901,697.601,038.701,006938.50981.70830.90
Payable Days117.10118149.20152.70163.60127.40228387.20370.90231.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

DLF Ltd FAQs

The current trading price of DLF on 05-Jun-2026 16:59 is ₹577.6.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Jun-2026 the market cap of DLF stood at ₹1,43,011.1 Cr

The latest P/E ratio of DLF as of 04-Jun-2026 is 38.16.

The latest P/B ratio of DLF as of 04-Jun-2026 is 4.53.

The 52-week high of DLF is ₹887.5 and the 52-week low is ₹489.3.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of DLF is ₹3,984 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that DLF Ltd is a average quality company.

The key valuation ratios of DLF Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of DLF Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About DLF Ltd

DLF Limited started with the creation of 22 urban colonies in Delhi. In 1985, the company expanded into the then-unknown region of Gurugram, creating exceptional living and working spaces for the new Indian global professionals. Today, DLF is the largest publicly listed real estate company in India. The company is a public limited company domiciled in India and is incorporated under the provisions of the Companies Act applicable in India. Its shares are listed on two recognised stock exchanges in India.

Business area of the company

The company is engaged primarily in the business of colonisation and real estate development. The operations of the Company span all aspects of real estate development, from the identification and acquisition of land, to planning, execution, construction and marketing of projects. The Company is also engaged in the business of leasing, maintenance services and recreational activities which are related to the overall development of real estate business.

Products and services

  • Homes: From master planned neighborhoods to exceptional high rises, DLF uses a customer-centric approach to develop residences of the highest standard which stand the test of time.
  • Offices: Offices portfolio is an integrated mix of office spaces with F&B and leisure amenities.
  • Retail: From curated luxury malls to premium retail destinations, DLF has transformed the way people interact, connect, and experience the retail landscape.
  • Hospitality: DLF has been delivering world class hospitality for more than two decades.

Awards

2013-14:

  • Global CSR Excellence & Leadership Award 2014 to DLF Foundation for Community Development by ABP News.
  • Global Sustainability Leadership Award bestowed to DLF Foundation for Best Community Action by World CSR Congress.

2014-15:

  • ‘Global Sustainability Leadership Award’ has been conferred to DLF Foundation for community development by ABP News.
  • ‘Global Sustainability Leadership Award’ bestowed to DLF Foundation for Best Community Action by World CSR Congress.

2015-16:

  • The ASSOCHAM Gold Award for Skill Development Programme
  • Asia Responsible Entrepreneurship Awards
  • Giving Back - Excellence in CSR Award
  • Golden Peacock CSR Award

2016-17:

  • CSR Excellence Award 
  • National CSR Leadership Award in Animal Welfare

2017-18:

  • Award of Excellence
  • Best Golf Academy 
  • Best Academy Facilities

2018-19:

  • Developer of the year- Luxury
  • Developer of the year- Residential 

2019-20:

  • Best Gated Community of the year
  • Developer of the year - National
  • Developer of the year - Luxury
  • Developer of the year - Residential

Milestones

  • 2010: DLF launches Panchkula Valley project
  • 2010: DLF Panchkula Valley project sold out
  • 2011: DLF Sells DLF Ackruti Info Parks Pune for Rs.810 crore
  • 2011: DLF launches second phase of Garden City, DLF New Indore
  • 2012: DLF Files 5 Patents For Inventions
  • 2012: DLF- HUDA unveil 16 lane signal free road network
  • 2012: DLF Sets up India First Private Fire Station
  • 2013: DLF awards Rs 1450 crore contract to Leighton for its project
  • 2014: DLF attains a five star grading in the British Safety Councils Occupational Health and Safety Audit
  • 2014: DLF becomes first development firm in the country to achieve internationally recognised ISO quality certification
  • 2015: DLF Malls become first in the country to achieve Five Star Rating in the British Safety Councils Occupational Health & Safety Audit
  • 2015: DLF contributes to governments efforts to support farmers
  • 2017: DLF Limited and GIC enter into DLF Cybercity Developers Limited (DCCDL) Joint Venture
  • 2019: DLF gets ‘Sword of Honour’ certificates from British Safety Council
  • 2020: DLF invests Rs 5,000 crore to develop large commercial project in Chennai
  • 2020: DLF unveils Club Ultima at new Gurugram
  • 2020: DLF inks anchor deal with Standard Chartered GBS
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×