| Management target | Revenue FY30 |
|---|
| Revenue growth | ₹2,298 Cr reported, aided by ₹738 Cr one-time investment valuation gain. |
|---|---|
| Margins | Gross margin potential of development business stands at approximately ₹40,000 Cr. |
| Order book | New sales bookings of ₹3,800 Cr; luxury residential remains primary driver. |
| Demand visibility | Extremely strong demand for super-luxury residential projects like 'The Dahlias'. |
| Management confidence | Balanced; highly optimistic on luxury demand but cautious on construction timelines. |
Growth
Core growth is healthy, with sales bookings reaching ₹3,800 Cr and the rental portfolio hitting record 96% occupancy.
Outlook
Management targets ₹750 Cr annual exit rental income and completion of major projects by FY30.
Risks
Near-term risks include potential construction delays due to Delhi's GRAP restrictions and seasonal labor migration.
Last quarter's promises, checked
Delivered
- Guided 20B Goa sales → On track for 20B (= BEAT)
- Guided 70-80 acre land consolidation → Consolidated 70-80 acres (= BEAT)
- Guided 3 malls operational in FY → On track with Goa OC received (= BEAT)
Partly delivered
- Guided ~20,000 Cr sales guidance → Current bookings 3,800 Cr/qtr suggest risk (= PARTIAL)
- Guided Q2/Q3 leasing momentum → Rental portfolio at 96% reflects steady progress (= PARTIAL)
Missed
- Guided 12-15 units/qtr Dahlias sales → Delivered ~11 units average (= MISS)
Earnings Call Transcript filed with BSE, NSE: DLF. Summary written with AI assistance from the document.
DLF Ltd: key numbers
- Share price
- ₹666.30
- Market cap
- ₹1,64,930 Cr
- Revenue (annual)
- ₹8,194 Cr
- Net profit (annual)
- ₹4,415 Cr
- P/E (TTM)
- 36.1×Sector 33.7×
- Promoter holding
- 74.08%+0.00% QoQ
- FII holding
- 11.43%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 delivered strong Q2FY27 performance with sales bookings of INR 3,800 cr and collections of INR 2,780 cr. The group maintains a robust net cash position of INR 15,084 cr.
DLF Results Update
DLF Limited reported consolidated revenue of Rs 2,298 crore and a net profit of Rs 1,301 crore for Q2FY27, supported by strong operating cash flows.
DLF Promoter Reclassification
DLF Limited's board approved the reclassification of Madhukar Housing and Development Company from 'Promoter' to 'Public' category, subject to stock exchange approval.
DLF Q2 FY27 Results: Net Profit ₹1,301 Cr, Up 10.3% YoY
DLF Ltd reported revenue from operations of ₹1,261 Cr (-23.3% YoY) and net profit of ₹1,301 Cr (+10.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹1,301 Cr · +10.3% YoY
DLF Board Meeting Date
DLF Limited scheduled a board meeting for October 16, 2026, to consider and approve the standalone and consolidated financial results for the half-year ended September 2026.
DLF Promoter Reclassification
DLF Limited received a request from Madhukar Housing and Development Company to reclassify its promoter status to public. The Board will consider this request.