| Revenue growth | Rental revenue up 10% YoY; pre-sales impacted by launch timing. |
|---|---|
| Margins | Significant gross margin potential unlocking starting FY28. |
| Demand visibility | Strong luxury residential demand and recovering international corporate leasing interest. |
| Management confidence | Confident, shifting focus from sales volume to high-margin price realization. |
Growth
Rental income grew 10% YoY, while pre-sales were muted due to timing of launches.
Outlook
FY28 is cited as a major inflection point for P&L contribution from large projects.
Risks
Regulatory delays in Goa and senior living launches could impact near-term booking targets.
Last quarter's promises, checked
Delivered
- Guided zero gross debt in Devco → delivered zero gross debt (= BEAT)
- Guided 50msf rental portfolio → delivered 50msf (= BEAT)
- Guided 95% occupancy → delivered 95% (= BEAT)
Partly delivered
- Guided INR 20k Cr sales → delivered INR 20,143 Cr (= PARTIAL)
Missed
- Guided FY26 launches → deferred Goa and senior living (= MISS)
Earnings Call Transcript filed with BSE, NSE: DLF. Summary written with AI assistance from the document.
DLF Ltd: key numbers
- Share price
- ₹683.00
- Market cap
- ₹1,69,064 Cr
- Revenue (annual)
- ₹8,194 Cr
- Net profit (annual)
- ₹4,415 Cr
- P/E (TTM)
- 38.0×Sector 35.8×
- Promoter holding
- 74.08%+0.00% QoQ
- FII holding
- 12.31%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from DLF Ltd
All →DLF Investor Presentation: Key Takeaways
DLF Limited Q1FY27 results show strong cash flow with INR 1,317 cr OCF and a net cash position of INR 15,200 cr. Strategy focuses on high-margin luxury launches and expanding the annuity rental portfolio.
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DLF Ltd reported revenue from operations of ₹1,280 Cr (-52.9% YoY) and net profit of ₹793.9 Cr (+4.1% YoY) for Q1 FY27.
- Key figure
- Net profit ₹793.9 Cr · +4.1% YoY
DLF Earnings Call: Key Takeaways
DLF reported a strong FY26 with record collections of ₹13,500cr and net profit of ₹4,256cr (+16% YoY). The company achieved zero gross debt in its development business.
DLF Earnings Call: Key Takeaways
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DLF Q4 FY26 Results: Net Profit ₹1,269 Cr, Down 1.1% YoY
DLF Ltd reported revenue from operations of ₹1,814 Cr (-42.0% YoY) and net profit of ₹1,269 Cr (-1.1% YoY) for Q4 FY26.
- Key figure
- Net profit ₹1,269 Cr · -1.1% YoY