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DLF Limited (DLF.NS)

INR657.75 -13.70 (-2.04%)
IN NSE Real Estate Real Estate - Development
Address DLF Gateway Tower 122002
Gurugram, IN
CEO Devinder Singh
Website dlf.in
IPO 2007-07-05
ISIN INE271C01023

Explore sections of this company profile

Also trades on Bombay Stock Exchange · DLF.BO (INR) National Stock Exchange of India · DLF.NS (INR)
Description

DLF Limited operates as a leading Indian real estate development and property management firm. Its comprehensive operations span the entire lifecycle of property creation, beginning with the identification and acquisition of land, progressing through meticulous planning, execution, and construction, and culminating in the marketing of diverse projects. The company is actively involved in developing and selling various residential properties, including land parcels, plots, and apartments, as well as commercial and retail establishments. Beyond sales, DLF also generates revenue by leasing its developed office spaces, IT-enabled services (ITeS) facilities, and retail units. Diversifying its portfolio, the company owns and manages prominent hospitality venues such as The Lodhi and the Hilton Garden Inn in New Delhi, alongside a network of golf and country clubs. Additionally, DLF provides property maintenance services, engages in the generation and sale of power, and oversees recreational activities. Established in 1946, DLF Limited is headquartered in Gurugram, India, and functions as a subsidiary of Rajdhani Investments & Agencies Private Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR657.75 -13.70 (-2.04%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
0.30
Float Shares
603.44M
Free Float %
24.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-2.87% -5.58% -5.86% -11.35% -26.28% -17.59% -23.20% +20.57% +118.51% +356.49% -0.58%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
657.75
DCF (Unlevered) 396.87 -39.7%
DCF (Levered) 1,121.73 +70.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 95% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 17 -1
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.31
Safe zone
Piotroski F-Score
2 / 9
Weak
MOAT Score
5 / 10
Developing
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Real Estate - Development: +9.7%
    +2.5% Q1'26: -42.0% (vs Q1'25)
  • EPS growth Real Estate - Development: +20.5%
    +1.1% Q1'26: -1.2% (vs Q1'25)
  • FCF margin FCF growth · Real Estate - Development: +16.2%
    +76.8% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Real Estate - Development: +19.8%
    +15.9% Q1'26: +20.0% (vs Q1'25)
  • ROIC Real Estate - Development: +3.2%
    +3.4% Q1'26: +4.0% (vs Q1'25)
  • Share dilution Real Estate - Development: +0.0%
    +0.0% Q1'26: +0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Real Estate - Development: 1.93×
    0.21× Q1'26: 0.19× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.34) × ERP
WACC = 97% × Ke + 3% × Kd (9.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 387.73 Current price: 657.75
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2011
actual
Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
21 Rev. Ana.
18 EPS Ana.
Mar 2027
20 Rev. Ana.
17 EPS Ana.
Mar 2028
19 Rev. Ana.
16 EPS Ana.
Mar 2029
7 Rev. Ana.
7 EPS Ana.
Mar 2030
3 Rev. Ana.
2 EPS Ana.
Revenue
95.61B
est: 95.10B (+0.5%)
96.29B
est: 96.86B (-0.6%)
90.96B
est: 84.37B (+7.8%)
82.98B
est: 85.16B (-2.6%)
76.49B
est: 79.98B (-4.4%)
99.26B
est: 87.44B (+13.5%)
82.21B
est: 86.78B (-5.3%)
67.07B
est: 74.83B (-10.4%)
83.66B
est: 78.74B (+6.2%)
60.83B
est: 63.89B (-4.8%)
54.14B
est: 60.97B (-11.2%)
57.17B
est: 59.08B (-3.2%)
56.95B
est: 60.34B (-5.6%)
64.27B
est: 63.66B (+1.0%)
79.94B
est: 72.80B (+9.8%)
92.75B
77.72B – 104.66B
+27.4% YoY
99.57B
57.57B – 124.05B
+7.3% YoY
127.66B
93.44B – 166.21B
+28.2% YoY
150.10B
150.10B – 150.10B
+17.6% YoY
200.22B
132.94B – 255.71B
+33.4% YoY
EBITDA
39.76B
est: 27.10B (+46.7%)
43.54B
est: 15.37B (+183.2%)
39.88B
est: 5.71B (+598.9%)
28.59B
est: 7.05B (+305.4%)
30.51B
est: 2.51B (+1,114.8%)
39.96B
est: -3.42B (+1,268.4%)
34.47B
est: 1.47B (+2,247.7%)
23.80B
est: 1.34B (+1,670.4%)
21.75B
est: 74.06B (-70.6%)
11.56B
est: 15.90B (-27.3%)
14.51B
est: -12.87B (+212.8%)
17.27B
est: -13.18B (+231.0%)
17.09B
est: -13.18B (+229.6%)
21.08B
est: 18.62B (+13.3%)
21.10B
est: 21.25B (-0.7%)
27.12B
22.73B – 30.61B
+27.6% YoY
29.11B
16.83B – 36.27B
+7.3% YoY
37.33B
27.32B – 48.60B
+28.2% YoY
43.89B
43.89B – 43.89B
+17.6% YoY
58.55B
38.87B – 74.77B
+33.4% YoY
EBIT
35.40B
est: 40.72B (-13.0%)
36.57B
est: 31.99B (+14.3%)
32.66B
est: 28.02B (+16.6%)
21.90B
est: 18.27B (+19.9%)
25.13B
est: 15.11B (+66.4%)
34.34B
est: 27.17B (+26.4%)
28.74B
est: 29.24B (-1.7%)
18.47B
est: 29.10B (-36.5%)
19.51B
est: 21.30B (-8.4%)
9.77B
est: 17.88B (-45.3%)
13.10B
est: 10.54B (+24.2%)
15.95B
est: 10.80B (+47.7%)
15.77B
est: 10.80B (+46.0%)
19.76B
est: 17.22B (+14.7%)
19.76B
est: 15.38B (+28.5%)
25.09B
21.03B – 28.31B
+63.1% YoY
26.94B
15.57B – 33.56B
+7.3% YoY
34.53B
25.28B – 44.96B
+28.2% YoY
40.61B
40.61B – 40.61B
+17.6% YoY
54.16B
35.96B – 69.18B
+33.4% YoY
Net Income
16.40B
est: 23.03B (-28.8%)
12.01B
est: 15.71B (-23.6%)
7.12B
est: 10.54B (-32.5%)
6.46B
est: 7.36B (-12.2%)
5.40B
est: 6.46B (-16.3%)
3.06B
est: 5.55B (-44.8%)
7.15B
est: 2.89B (+147.5%)
44.64B
est: 6.18B (+621.8%)
13.19B
est: 41.77B (-68.4%)
-5.83B
est: 12.26B (-147.6%)
10.94B
est: -4.71B (+332.2%)
15.01B
est: -4.83B (+411.0%)
20.36B
est: -4.83B (+521.9%)
27.27B
est: 28.46B (-4.2%)
43.68B
est: 44.85B (-2.6%)
44.15B
37.06B – 52.24B
-1.6% YoY
52.03B
40.66B – 62.61B
+17.8% YoY
66.44B
54.51B – 85.88B
+27.7% YoY
75.38B
61.66B – 88.61B
+13.5% YoY
95.30B
53.67B – 129.64B
+26.4% YoY
SGA
9.36B
est: 15.84B (-40.9%)
4.35B
est: 13.83B (-68.6%)
14.39B
est: 13.54B (+6.3%)
12.18B
est: 15.91B (-23.4%)
4.12B
est: 15.80B (-73.9%)
4.67B
est: 12.23B (-61.8%)
4.75B
est: 10.23B (-53.5%)
4.65B
est: 9.94B (-53.2%)
4.79B
est: 11.10B (-56.8%)
4.61B
est: 10.35B (-55.5%)
3.59B
est: 12.26B (-70.7%)
3.74B
est: 12.56B (-70.2%)
5.64B
est: 12.56B (-55.1%)
5.70B
est: 5.05B (+12.8%)
6.19B
est: 5.77B (+7.4%)
7.36B
6.17B – 8.30B
+27.6% YoY
7.90B
4.57B – 9.84B
+7.3% YoY
10.13B
7.41B – 13.19B
+28.2% YoY
11.91B
11.91B – 11.91B
+17.6% YoY
15.89B
10.55B – 20.29B
+33.4% YoY
EPS
9.66
est: 10.67 (-9.4%)
7.07
est: 8.24 (-14.2%)
4.19
est: 6.12 (-31.6%)
3.65
est: 4.37 (-16.5%)
3.03
est: 3.27 (-7.3%)
1.72
est: 4.04 (-57.4%)
4.01
est: 4.11 (-2.4%)
25.02
est: 1.59 (+1,473.1%)
7.38
est: 6.21 (+18.9%)
-2.41
est: 5.38 (-144.8%)
4.42
est: 5.17 (-14.5%)
6.06
est: 6.97 (-13.0%)
8.22
est: 8.71 (-5.7%)
11.02
est: 11.50 (-4.1%)
17.64
est: 14.58 (+21.0%)
17.48
14.97 – 21.10
+19.9% YoY
20.94
16.43 – 25.29
+19.8% YoY
28.03
22.02 – 34.70
+33.9% YoY
30.44
24.91 – 35.80
+8.6% YoY
38.50
21.68 – 52.37
+26.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-13 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
5.60B
OE per share TTM
2.26
Owner's Yield
0.40%
Maintenance CapEx ratio
31.79%
Maint CapEx / Avg PPE
17.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 18 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
5.21M
Shares Outstanding
2.48B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Rajiv Singh Executive Chairman of the Board 367M male
Ashok Kumar Tyagi MD, Chief Executive Officer & Whole-Time Director 142M male
Devinder Singh MD, Chief Executive Officer & Whole Time Director 142M male
Savitri Devi Singh Non-Executive & Non-Independent Director 6M female
Poonam Madan Senior Executive Director – Corporate Legal female
Prabhakaran Ramakrishnan Group Executive Director & Chief Technical Officer male
Rajiv Goel Senior Vice President of Investor Relations male
Nalin Garg Senior Executive Director of HR male
Ram Prakash Punjani Company Secretary & Compliance Officer male
Badal Bagri Group Chief Financial Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits