DLF Limited (DLF) AI Stock Analysis

• Market Cap: ₹1.92T
• Dividend Yield: 0.77%
• Average Volume (3M): 63.94K
• Price to Earnings (P/E): 42.4
• Beta (1Y): 1.90
• Revenue Growth: 46.84%
• EPS Growth: 57.59%
• Country: IN
• Employees: 2,507
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 3.10
• Shares Outstanding: 2,475,311,500
• 10 Day Avg. Volume: 68,620
• 30 Day Avg. Volume: 63,936
• PEG Ratio: 0.63
• Price to Book (P/B): 3.86
• Price to Sales (P/S): 20.54
• P/FCF Ratio: 31.95
• 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: ₹857.25
• Price Target Upside: 10.86% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 68 Neutral
• Price Target: ₹824.00 ▲(6.56% Upside)

DLF Limited's overall stock score is driven primarily by its strong financial performance, which is offset by mixed technical indicators and a high valuation. The company's robust revenue growth and financial stability are significant strengths, but the high P/E ratio suggests potential overvaluation. Technical analysis indicates neutral to bearish momentum, which may impact short-term performance.

DLF Limited Business Overview & Revenue Model

Company Description

DLF Limited is one of India’s largest and most prominent real estate development companies, primarily engaged in the development, management, and sale of residential, commercial, and retail properties. Founded in 1946, DLF operates across various segments including residential buildings, commercial complexes, and retail spaces. The company has a significant presence in major cities across India and is known for its extensive portfolio of real estate projects that cater to diverse customer needs, ranging from luxury apartments to affordable housing.

How the Company Makes Money

DLF generates revenue primarily through the sale and leasing of its real estate properties. Its key revenue streams include residential sales, commercial leasing, and retail operations. The company sells residential units directly to consumers, while its commercial properties are leased to businesses, providing a steady stream of rental income. Additionally, DLF engages in joint ventures and partnerships with other firms for various projects, which can enhance its revenue potential. The company also benefits from real estate appreciation and the growing demand for housing and commercial spaces in urban areas, driven by economic growth and demographic trends.

DLF Limited Financial Statement Overview

Summary

DLF Limited exhibits strong financial health with robust revenue and profitability growth, a stable balance sheet, and impressive cash flow management. The company maintains a high net profit margin and a strong equity position, indicating effective cost management and financial stability.

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 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	93.48B	79.94B	64.27B	56.95B	57.17B	54.14B
Gross Profit	39.30B	38.62B	36.33B	32.61B	29.72B	25.65B
EBITDA	22.52B	21.10B	21.08B	17.09B	17.27B	14.51B
Net Income	44.85B	43.68B	27.27B	20.36B	15.01B	10.94B
Balance Sheet
Total Assets	0.00	694.75B	602.62B	539.28B	525.03B	548.10B
Cash, Cash Equivalents and Short-Term Investments	109.98B	109.98B	43.22B	27.46B	11.75B	21.26B
Total Debt	0.00	41.03B	48.34B	33.36B	41.82B	67.85B
Total Liabilities	-425.50B	269.25B	208.31B	162.36B	161.22B	194.45B
Stockholders Equity	425.50B	425.50B	394.31B	376.88B	363.62B	353.44B
Cash Flow
Free Cash Flow	0.00	51.39B	24.23B	23.12B	26.83B	14.47B
Operating Cash Flow	0.00	52.35B	25.39B	23.75B	28.32B	14.60B
Investing Cash Flow	0.00	-35.43B	-15.29B	-4.63B	2.63B	1.54B
Financing Cash Flow	0.00	-24.03B	1.77B	-20.13B	-38.28B	-21.84B

DLF Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 773.25
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DLF, the sentiment is Positive. The current price of 773.25 is above the 20-day moving average (MA) of 742.89, above the 50-day MA of 754.51, and above the 200-day MA of 743.72, indicating a bullish trend. The MACD of 5.31 indicates Negative momentum. The RSI at 61.19 is Neutral, neither overbought nor oversold. The STOCH value of 86.19 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:DLF.

DLF Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DLF	68 Neutral	₹1.92T	42.40	―	0.77%	46.84%	57.59%
OBEROIRLTY	68 Neutral	₹618.18B	27.68	―	0.48%	2.76%	-3.84%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
GODREJPROP	65 Neutral	₹673.59B	44.27	―	―	45.90%	25.36%
LODHA	60 Neutral	₹1.18T	39.91	―	0.36%	24.94%	57.06%
PHOENIXLTD	58 Neutral	₹603.06B	56.54	―	0.15%	-5.13%	-2.32%
PRESTIGE	54 Neutral	₹755.05B	140.44	―	0.10%	-13.75%	-62.65%