About
DLF Limited, together with its subsidiaries, engages in the business of colonization and real estate development in India. The company is involved in the real estate development activities, including identification and acquisition of land, planning, execution, construction, and marketing of projects. The company also develops and sells residential housing projects, including under-construction projects. In addition, it operates and maintains commercial office spaces, as well as retail properties, such as malls, shopping complexes, recreational spaces, and hotels and clubs. In addition, the company engages in leasing, power generation, provision of maintenance services, and hospitality and recreational activities. Further, it owns and operates hotels under the The Lodhi and Hilton Garden Inn. The company was founded in 1946 and is based in Gurugram, India. DLF Limited operates as a subsidiary of Rajdhani Investments and Agencies Private Limited.
Key Metrics
as of Sep 2026Market Cap168,792 Cr
P/E39.20
Div Yield1.17 %
Book Value₹184.00
52w High₹795.00
52w Low₹489.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 257.00 | 2,307.00 | 563.00 | 647.00 | 468.00 | 2,236.00 | 937.00 | 904.00 | 405.00 | 909.00 | 797.00 | 695.00 | 841.00 |
| Expenses | 372.00 | 763.00 | 463.00 | 542.00 | 482.00 | 1,240.00 | 722.00 | 759.00 | 496.00 | 640.00 | 496.00 | 484.00 | 574.00 |
| Operating Profit | -115.00 | 1,544.00 | 100.00 | 104.00 | -14.00 | 996.00 | 215.00 | 145.00 | -90.00 | 269.00 | 301.00 | 210.00 | 267.00 |
| OPM % | -45.00 | 67.00 | 18.00 | 16.00 | -3.00 | 45.00 | 23.00 | 16.00 | -22.00 | 30.00 | 38.00 | 30.00 | 32.00 |
| Other Income | 223.00 | 1,363.00 | 292.00 | 1,170.00 | 142.00 | 823.00 | 15.00 | 184.00 | 198.00 | 355.00 | 320.00 | 101.00 | 59.00 |
| Depreciation | 16.00 | 31.00 | 12.00 | 11.00 | 15.00 | 19.00 | 19.00 | 18.00 | 18.00 | 17.00 | 17.00 | 17.00 | 18.00 |
| Interest | 5.00 | 8.00 | 25.00 | 43.00 | 63.00 | 89.00 | 81.00 | 82.00 | 85.00 | 76.00 | 66.00 | 70.00 | 74.00 |
| Profit before tax | 87.00 | 2,868.00 | 356.00 | 1,219.00 | 49.00 | 1,711.00 | 130.00 | 229.00 | 5.00 | 531.00 | 538.00 | 224.00 | 234.00 |
| Tax % | 25.00 | 16.00 | 17.00 | 17.00 | 19.00 | 9.00 | 228.00 | 16.00 | 16.00 | 17.00 | 14.00 | 24.00 | 25.00 |
| Net Profit | 65.00 | 2,401.00 | 295.00 | 1,013.00 | 40.00 | 1,549.00 | -166.00 | 192.00 | 4.00 | 443.00 | 464.00 | 169.00 | 175.00 |
| EPS in Rs | 0.26 | 9.70 | 1.19 | 4.09 | 0.16 | 6.26 | -0.67 | 0.78 | 0.02 | 1.79 | 1.87 | 0.68 | 0.71 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,984.00 | 4,482.00 | 3,243.00 | 3,979.00 | 4,054.00 | 3,929.00 | 2,370.00 | 3,295.00 | 3,056.00 | 3,703.00 | 3,622.00 | 3,017.00 |
| Expenses | 2,253.00 | 3,221.00 | 2,195.00 | 2,038.00 | 2,234.00 | 2,399.00 | 1,922.00 | 2,067.00 | 1,982.00 | 2,147.00 | 2,112.00 | 1,381.00 |
| Operating Profit | 1,731.00 | 1,261.00 | 1,048.00 | 1,941.00 | 1,819.00 | 1,530.00 | 448.00 | 1,228.00 | 1,074.00 | 1,556.00 | 1,509.00 | 1,636.00 |
| OPM % | 43.00 | 28.00 | 32.00 | 49.00 | 45.00 | 39.00 | 19.00 | 37.00 | 35.00 | 42.00 | 42.00 | 54.00 |
| Other Income | 2,970.00 | 1,223.00 | 835.00 | 1,194.00 | 368.00 | 505.00 | 3,705.00 | 403.00 | 627.00 | 659.00 | 1,700.00 | 1,041.00 |
| Interest | 141.00 | 338.00 | 286.00 | 321.00 | 436.00 | 575.00 | 590.00 | 740.00 | 1,023.00 | 1,236.00 | 1,385.00 | 1,403.00 |
| Depreciation | 70.00 | 73.00 | 70.00 | 76.00 | 77.00 | 83.00 | 96.00 | 125.00 | 132.00 | 99.00 | 75.00 | 56.00 |
| Profit before tax | 4,491.00 | 2,072.00 | 1,527.00 | 2,739.00 | 1,675.00 | 1,378.00 | 3,466.00 | 766.00 | 545.00 | 880.00 | 1,750.00 | 1,218.00 |
| Tax % | 17.00 | 24.00 | 18.00 | 16.00 | 20.00 | 24.00 | 35.00 | 10.00 | 33.00 | 32.00 | 14.00 | 23.00 |
| Net Profit | 3,748.00 | 1,577.00 | 1,251.00 | 2,311.00 | 1,335.00 | 1,053.00 | 2,264.00 | 688.00 | 365.00 | 597.00 | 1,497.00 | 940.00 |
| EPS in Rs | 15.14 | 6.37 | 5.05 | 9.34 | 5.39 | 4.26 | 9.15 | 3.12 | 2.05 | 3.34 | 8.39 | 5.28 |
| Dividend Payout % | 53.00 | 94.00 | 99.00 | 43.00 | 56.00 | 47.00 | 22.00 | 64.00 | 98.00 | 60.00 | 24.00 | 38.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 495.00 | 495.00 | 495.00 | 495.00 | 495.00 | 495.00 | 495.00 | 441.00 | 357.00 | 357.00 | 357.00 | 356.00 |
| Reserves | 31,093.00 | 28,834.00 | 28,570.00 | 28,309.00 | 26,735.00 | 25,894.00 | 26,310.00 | 22,638.00 | 23,078.00 | 14,347.00 | 13,761.00 | 16,873.00 |
| Borrowings | 46.00 | 3,262.00 | 3,358.00 | 3,116.00 | 3,762.00 | 5,431.00 | 6,123.00 | 4,332.00 | 5,707.00 | 9,083.00 | 9,381.00 | 12,058.00 |
| Other Liabilities | 18,139.00 | 11,099.00 | 5,929.00 | 5,362.00 | 6,324.00 | 7,725.00 | 9,236.00 | 9,743.00 | 3,805.00 | 4,894.00 | 6,086.00 | 6,697.00 |
| Total Liabilities | 49,772.00 | 43,690.00 | 38,351.00 | 37,282.00 | 37,316.00 | 39,546.00 | 42,163.00 | 37,155.00 | 32,947.00 | 28,680.00 | 29,585.00 | 35,985.00 |
| Fixed Assets | 1,293.00 | 983.00 | 1,287.00 | 1,591.00 | 1,604.00 | 1,532.00 | 1,663.00 | 1,712.00 | 3,942.00 | 4,159.00 | 603.00 | 1,605.00 |
| CWIP | 2.00 | 9.00 | 3.00 | 0.00 | 0.00 | 1.00 | 0.00 | 19.00 | 15.00 | 28.00 | 28.00 | 2,491.00 |
| Investments | 18,890.00 | 19,498.00 | 19,484.00 | 19,896.00 | 19,996.00 | 19,721.00 | 14,758.00 | 9,628.00 | 10,201.00 | 7,335.00 | 7,391.00 | 7,476.00 |
| Other Assets | 29,587.00 | 23,200.00 | 17,577.00 | 15,795.00 | 15,715.00 | 18,292.00 | 25,743.00 | 25,797.00 | 18,790.00 | 17,157.00 | 21,563.00 | 24,413.00 |
| Total Assets | 49,772.00 | 43,690.00 | 38,351.00 | 37,282.00 | 37,316.00 | 39,546.00 | 42,163.00 | 37,155.00 | 32,947.00 | 28,680.00 | 29,585.00 | 35,985.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 6,073.00 | 4,688.00 | 1,090.00 | 1,593.00 | 1,855.00 | 885.00 | 20.00 | 655.00 | 31.00 | -696.00 | 849.00 | -36.00 |
| Cash from Investing Activity | 410.00 | -3,075.00 | 180.00 | 31.00 | 210.00 | -256.00 | -4,849.00 | 1,192.00 | -3,939.00 | 2,103.00 | 3,901.00 | 4,489.00 |
| Cash from Financing Activity | -4,894.00 | -1,705.00 | -1,029.00 | -1,715.00 | -2,547.00 | -1,345.00 | 2,617.00 | 803.00 | 3,992.00 | -1,536.00 | -4,720.00 | -4,002.00 |
| Net Cash Flow | 1,590.00 | -93.00 | 240.00 | -91.00 | -482.00 | -716.00 | -2,212.00 | 2,651.00 | 83.00 | -130.00 | 30.00 | 451.00 |
| Free Cash Flow | 6,057.00 | 4,629.00 | 1,071.00 | 1,548.00 | 1,707.00 | 960.00 | 2,936.00 | 598.00 | 363.00 | -791.00 | 531.00 | -518.00 |
| CFO/OP % | 386.00 | 346.00 | 116.00 | 86.00 | 99.00 | 48.00 | 12.00 | 62.00 | 8.00 | -37.00 | 76.00 | 3.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 124.00 | 17.00 | 9.00 | 5.00 | 4.00 | 10.00 | 22.00 | 19.00 | 48.00 | 59.00 | 153.00 | 26.00 |
| Cash Conversion Cycle | 124.00 | 17.00 | 9.00 | 5.00 | 4.00 | 10.00 | 22.00 | 19.00 | 48.00 | 59.00 | 153.00 | 26.00 |
| Working Capital Days | 9.00 | 473.00 | 769.00 | 526.00 | 453.00 | 348.00 | 1,160.00 | 617.00 | 1,038.00 | 446.00 | 507.00 | 1,265.00 |
| ROCE % | 14.00 | 8.00 | 5.00 | 10.00 | 7.00 | 6.00 | 10.00 | 5.00 | 6.00 | 9.00 | 10.00 | 9.00 |
Corporate Actions
23 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 27 Jul 2026 | 27 Jul 2026 | — | 8.00 | |
| Dividend | 28 Jul 2025 | 28 Jul 2025 | — | 6.00 | |
| Dividend | 31 Jul 2024 | 31 Jul 2024 | — | 5.00 | |
| Dividend | 28 Jul 2023 | 28 Jul 2023 | — | 4.00 | |
| Dividend | 02 Aug 2022 | 03 Aug 2022 | — | 3.00 | |
| Dividend | 23 Aug 2021 | 24 Aug 2021 | — | 2.00 | |
| Dividend | 15 Sep 2020 | 16 Sep 2020 | — | 0.80 | |
| Dividend | 12 Feb 2020 | 13 Feb 2020 | — | 1.20 | |
| Dividend | 22 Jul 2019 | 23 Jul 2019 | — | 2.00 | |
| Dividend | 12 Sep 2018 | — | — | 0.80 | |
| Dividend | 27 Mar 2018 | 28 Mar 2018 | — | 1.20 | |
| Dividend | 19 Sep 2017 | — | — | 2.00 | |
| Dividend | 28 Mar 2016 | 29 Mar 2016 | — | 2.00 | |
| Dividend | 17 Aug 2015 | — | — | 2.00 | |
| Dividend | 19 Aug 2014 | — | — | 2.00 | |
| Dividend | 30 Jul 2013 | — | — | 2.00 | |
| Dividend | 24 Aug 2012 | — | — | 2.00 | |
| Dividend | 27 Jul 2011 | — | — | 2.00 | |
| Dividend | 17 Sep 2010 | — | — | 2.00 | |
| Dividend | 22 Sep 2009 | — | — | 2.00 | |
| Dividend | 19 Sep 2008 | — | — | 2.00 | |
| Dividend | 05 Nov 2007 | 06 Nov 2007 | — | 2.00 | |
| Dividend | 18 Sep 2007 | — | — | 2.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update11 Dec 2025 from icra
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Rating update17 Oct 2025 from crisil
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Rating update24 Apr 2025 from icra
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Rating update11 Mar 2025 from icra
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Rating update27 Feb 2025 from crisil
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Rating update25 Feb 2025 from crisil