DLF Limited (DLF) AI Stock Analysis

• Market Cap: ₹1.92T
• Dividend Yield: 0.78%
• Average Volume (3M): 70.65K
• Price to Earnings (P/E): 42.8
• Beta (1Y): 1.87
• Revenue Growth: 46.84%
• EPS Growth: 57.59%
• Country: IN
• Employees: 2,507
• Sector: Real Estate
• Sector Strength: 48
• Industry: Real Estate - Development
• EPS (TTM): 3.10
• Shares Outstanding: 2,475,311,500
• 10 Day Avg. Volume: 54,771
• 30 Day Avg. Volume: 70,650
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹860.33
• Price Target Upside: 11.23% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 58 Neutral
• Price Target: ₹818.00 ▲(5.75% Upside)

DLF Limited's strong financial performance is a key strength, reflecting robust revenue growth and profitability. However, technical indicators suggest bearish momentum, and the high valuation raises concerns about upside potential. These factors combined result in a moderate overall stock score.

DLF Limited Business Overview & Revenue Model

Company Description

DLF Limited (DLF) is one of India's largest real estate companies, primarily engaged in the development of residential, commercial, and retail properties. Founded in 1946 and headquartered in New Delhi, India, DLF has played a significant role in shaping the urban landscape of India. The company's diverse portfolio includes residential complexes, office spaces, IT parks, and shopping malls, catering to a wide range of customer needs across various segments.

How the Company Makes Money

DLF Limited generates revenue through several key streams. The primary source of income is the sale of residential properties, including apartments and luxury homes. Additionally, the company earns significant revenue from leasing commercial office spaces and retail properties. DLF's rental income is bolstered by its extensive portfolio of leased office spaces and shopping malls. Furthermore, the company engages in joint ventures and partnerships to develop large-scale projects, which can provide substantial financial returns. DLF also benefits from its land bank, strategically located in high-demand areas, enabling the company to capitalize on real estate appreciation over time.

DLF Limited Financial Statement Overview

Summary

DLF Limited exhibits strong financial health, with significant revenue and profitability growth, a stable balance sheet, and robust cash flow generation. The company shows efficient cost management and solid earnings before interest and taxes, contributing to a positive outlook.

Income Statement

DLF Limited shows a robust improvement in revenue and profitability. The gross profit margin for the latest period stands at 48.3%, and the net profit margin is an impressive 54.6%, indicating strong cost management and pricing power. Revenue growth is consistent, with a notable increase from the previous year. EBIT and EBITDA margins are healthy at 24.5% and 26.4% respectively, reflecting efficient operations and solid earnings before interest and taxes.

Balance Sheet

The company maintains a strong equity position with an equity ratio of 61.2%, indicating a stable capital structure. The debt-to-equity ratio is moderate at 9.6%, showing a manageable level of leverage. Return on equity is remarkably high at 10.3%, showcasing effective use of shareholder funds to generate profits. Overall, the balance sheet reflects financial stability and prudent financial management.

Cash Flow

DLF Limited demonstrates impressive cash flow management with significant free cash flow growth of 112.1%. The operating cash flow to net income ratio is healthy at 1.2, indicating that the company generates ample cash relative to its net income. The free cash flow to net income ratio is equally strong at 1.2, suggesting efficient conversion of earnings into cash. The cash flow position supports the firm's ability to fund operations and growth initiatives.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	79.94B	79.94B	62.49B	56.82B	57.09B	60.77B
Gross Profit	34.58B	38.62B	34.20B	30.93B	28.16B	25.73B
EBITDA	25.89B	21.09B	26.55B	20.43B	19.39B	22.81B
Net Income	43.68B	43.68B	27.27B	20.36B	15.01B	-5.83B
Balance Sheet
Total Assets	694.75B	694.75B	602.62B	539.28B	525.03B	572.30B
Cash, Cash Equivalents and Short-Term Investments	109.98B	109.98B	43.22B	24.87B	9.38B	26.38B
Total Debt	41.03B	41.03B	48.34B	33.36B	41.82B	83.40B
Total Liabilities	269.25B	269.25B	208.31B	162.36B	161.22B	227.65B
Stockholders Equity	425.50B	425.50B	394.31B	376.88B	363.62B	344.47B
Cash Flow
Free Cash Flow	0.00	51.39B	24.23B	23.12B	26.83B	1.19B
Operating Cash Flow	0.00	52.35B	25.39B	23.75B	28.32B	3.25B
Investing Cash Flow	0.00	-35.43B	-15.29B	-4.63B	2.63B	65.17B
Financing Cash Flow	0.00	-24.03B	1.77B	-20.13B	-38.28B	-94.91B

DLF Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 773.50
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DLF, the sentiment is Neutral. The current price of 773.5 is below the 20-day moving average (MA) of 777.30, below the 50-day MA of 812.47, and above the 200-day MA of 758.10, indicating a neutral trend. The MACD of -12.85 indicates Negative momentum. The RSI at 45.28 is Neutral, neither overbought nor oversold. The STOCH value of 79.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:DLF.

DLF Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OBEROIRLTY	70 Outperform	₹600.03B	29.10		0.48%	-4.15%	-5.81%
LODHA	64 Neutral	₹1.26T	42.30		0.18%	24.94%	57.06%
GODREJPROP	64 Neutral	₹604.79B	40.41		―	45.90%	25.36%
PHOENIXLTD	58 Neutral	₹537.57B	50.40		0.17%	-5.13%	-2.32%
DLF	58 Neutral	₹1.92T	42.85		0.78%	46.84%	57.59%
PRESTIGE	54 Neutral	₹705.45B	131.21		0.11%	-13.75%	-62.65%
Sector *	53 Neutral	$1.23B	2.70	-5.63%	5.63%	-2.28%	-110.71%

DLF Limited Corporate Events

DLF Limited Announces 60th Annual General Meeting

DLF Limited announced the scheduling of its 60th Annual General Meeting (AGM) on August 4, 2025, to be conducted via video conferencing. The AGM will address key business matters including the adoption of financial statements, declaration of dividends, reappointment of directors, and approval of remuneration for auditors. The meeting reflects DLF’s compliance with regulatory requirements and its commitment to engaging with stakeholders effectively.

DLF Limited Sets Record Date for FY 2024-25 Dividend

DLF Limited has announced that it has set the record date for its dividend payment for the financial year 2024-25 as July 28, 2025. The company had earlier recommended a dividend of ₹6 per equity share, subject to shareholder approval at the upcoming Annual General Meeting on August 4, 2025. If approved, the dividend will be distributed to shareholders by September 2, 2025, with applicable tax deductions. This announcement underscores DLF’s commitment to providing returns to its shareholders and may positively impact its market standing and investor relations.

DLF Limited Announces Record Date for FY 2024-25 Dividend Payment

DLF Limited has announced the record date for the payment of a dividend of ₹6 per equity share for the financial year 2024-25, which is contingent upon shareholder approval at the upcoming Annual General Meeting on August 4, 2025. The record date is set for July 28, 2025, and if approved, the dividend will be distributed by September 2, 2025, subject to tax deductions, reflecting the company’s commitment to rewarding its shareholders.

DLF Limited Releases FY 2024-25 Sustainability Report

DLF Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2024-25, which is part of its annual report. The report, which includes a Reasonable Assurance Statement from an independent provider, highlights DLF’s commitment to sustainability and responsible business practices. This announcement underscores DLF’s focus on integrating sustainability into its operations, potentially enhancing its reputation and positioning within the real estate industry, and providing stakeholders with insights into its sustainable development initiatives.