DLF LimitedDLFCorporate

Real Estate Real Estate - Development Latest results: Sep 2026 14 quarters of data
₹675.00
MCap ₹167,084 Cr
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹439 Cr
Sales · Sep 2026
-32.1% YoY
₹-99 Cr
Operating Profit · Sep 2026
-195.1% YoY
-22.5%
OPM % · Sep 2026
-239.8% YoY
₹800 Cr
Net Profit · Sep 2026
-21.0% YoY
₹3.24
EPS · Sep 2026
-20.8% YoY

📝 DLF Limited — results explained

Quarter ended September 2026 (Q2 FY27)

DLF Limited reported revenue of ₹439 crore for the quarter ended September 2026 (Q2 FY27), down 32.1% from ₹647 crore in the same quarter last year.

Net profit fell 21.0% year-on-year to ₹800 crore, from ₹1,013 crore. Earnings per share (EPS) came in at ₹3.24.

Operating profit stood at ₹-99 crore — an operating margin (OPM) of -22.5%, compared with 16.1% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, DLF Limited posted revenue of ₹3,985 crore, a decline of 26.7% over FY25, with a net profit of ₹3,751 crore (up 75.9% year-on-year).

Valuation snapshot

At the current price of ₹675.00, DLF has a market capitalisation of ₹167,084 crore.

Within the Real Estate - Development industry, it is the largest of the 10 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 74.08%, foreign institutional investors (FIIs) 11.43%, domestic institutional investors (DIIs) 9.08%, public shareholders 5.41% of DLF Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹167,084 Cr
Current Price ?
₹675.0
P/E ?
N/A
Industry P/E ?
25.60
P/B ?
5.29
P/S ?
N/A
P/FCF ?
27.59
Enterprise Value ?
₹167,130 Cr
EV/EBITDA ?
N/A
PEG ?
N/A
Earnings Yield ?
N/A
Dividend Yield ?
0.90%
Profitability & Returns
Sales (TTM) ?
N/A
OPM ?
N/A
Profit after tax (TTM) ?
N/A
EPS (TTM) ?
N/A
ROCE ?
14.0%
ROE ?
N/A
ROA ?
N/A
Growth
Sales — latest qtr ?
₹439 Cr
PAT — latest qtr ?
₹800 Cr
YoY qtr sales growth ?
-32.1%
YoY qtr profit growth ?
-21.0%
Sales growth (3y) ?
0%
Sales growth (5y) ?
0%
Profit growth (3y) ?
16%
Profit growth (5y) ?
27%
Financial Health
Debt ?
₹46 Cr
Debt to Equity ?
0.00
Interest Coverage ?
12.0
Current Ratio ?
N/A
Ownership
Promoter holding ?
74.08%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
1.1%
Return 6 months ?
12.2%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 YoY % QoQ %
Sales 1,2608416957979091,3629049372,2364686475632,307439 -32.1% —
Operating Profit 741267210301269527145215999-141041031,544-99 -195.1% —
Other Income 57359101320355373184158231421,1702921,363947 -19.1% —
Interest 727470667613982818963432585 -87.4% —
Depreciation 1818171717331819191511123118 +67.6% —
Profit Before Tax 1,2242342245385317282291301,712491,2193562,868824 -32.4% —
Net Profit 1,045175169464443556192-1661,550401,0132962,401800 -21.0% —
EPS 4.220.710.681.871.792.250.78-0.676.260.164.091.209.703.24 -20.8% —
OPM % 58.8% 31.7% 30.2% 37.8% 29.6% 38.7% 16.0% 22.9% 44.7% -3.0% 16.1% 18.3% 66.9% -22.5% -239.8% —

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹5,439 Cr ₹3,985 Cr — -26.7%
Operating Profit ₹1,886 Cr ₹1,737 Cr — -7.9%
OPM % 34.67% 43.58% — +25.7%
NPM % 39.20% 94.13% — +140.1%
Other Income ₹1,395 Cr ₹2,967 Cr — +112.7%
Depreciation ₹89 Cr ₹69 Cr — -22.1%
Interest ₹391 Cr ₹139 Cr — -64.4%
EBIT ₹1,797 Cr ₹1,667 Cr — -7.2%
PBT ₹2,798 Cr ₹4,493 Cr — +60.6%
Tax ₹172 Cr ₹9 Cr — -94.7%
Net Profit ₹2,132 Cr ₹3,751 Cr — +75.9%
EPS ₹8.62 ₹15.15 — +75.8%
Material Cost ₹625 Cr ₹276 Cr — -55.8%
Employee Cost ₹81 Cr ₹85 Cr — +5.3%
Extraordinary Items ₹-302 Cr ₹200 Cr — +166.1%

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 495495495495 +0.0%
Reserves 28,30928,57028,91231,093 +7.5%
Borrowings 3,1163,3583,25246 -98.6%
Other Liabilities 5,3625,92911,05918,139 +64.0%
Total Liabilities 37,28238,35143,71849,772 +13.8%
Fixed Assets 1,5911,2879831,294 +31.6%
CWIP 0391 -88.9%
Investments 19,89619,48419,54818,890 -3.4%
Other Assets 15,79517,57723,17829,587 +27.7%
Total Assets 37,28238,35143,71849,772 +13.8%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Net Cash Flow -91240-941,589 +1790.4%
Cash from Operating Activity 1,5931,0904,6946,073 +29.4%
Cash from Investing Activity 31180-3,086410 +113.3%
Cash from Financing Activity -1,715-1,029-1,702-4,894 -187.5%
Free Cash Flow 1,5481,0714,6366,057 +30.7%
CFO/OP 86%116%345%386% +11.9%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 5917124 +629.4%
Inventory Days ———3,546 —
Days Payable ———289 —
Cash Conversion Cycle 59173,381 +19788.2%
Working Capital Days 52676947714 -97.1%
ROCE % 10%5%8%14% +75.0%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 % Chg
Promoters 74.08%74.08%74.08%74.08%74.08%74.08% +0.0%
FIIs 15.98%15.46%14.82%13.54%12.31%11.43% -7.1%
DIIs 5.01%5.21%5.78%6.94%8.04%9.08% +12.9%
Public 4.93%5.25%5.34%5.43%5.57%5.41% -2.9%
No. of Shareholders 4,83,0295,00,9284,92,1295,06,5725,00,7434,85,492 -3.0%

⚖️ Peer comparison

Industry: Real Estate - Development · 10 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 DLF DLF ₹636.90 157,653 — — — — — 2.5% 50.5% -23.3% 28.4%
2 LODHA Lodha Developers ₹1,116.90 111,603 27.0 18,182 4,129 32.2% 22.7% 21.0% 24.0% 43.1% 103.4%
3 OBEROIRLTY Oberoi Realty ₹1,725.40 62,736 47.3 6,214 1,326 57.6% 21.3% 12.9% 12.7% -6.1% —
4 GODREJPROP Godrej Properties ₹1,748.00 52,654 32.9 5,203 1,591 -10.7% 30.6% 4.2% 32.5% 16.5% -41.6%
5 BRIGADE Brigade Enterprises ₹642.05 20,941 27.6 5,532 784 23.7% 14.2% 12.3% 6.5% -12.9% 37.3%
6 ANANTRAJ Anant Raj ₹574.85 20,688 45.9 2,283 450 26.0% 19.7% 8.9% 14.6% 6.6% 18.5%
7 HORIZONIND Horizon Industrial ₹55.79 16,084 — — — — — — — 55.5% 80.0%
8 SOBHA Sobha ₹1,219.80 13,046 56.6 5,617 231 6.9% 4.1% 28.5% 104.2% 50.0% 263.2%
9 SIGNATURE Signatureglobal (India) ₹756.00 10,636 10.2 2,281 1,043 -5.5% 45.7% 3.9% 981.4% -36.2% -148.0%
10 PRANAV Pranav Constructions ₹98.60 — — — — — — — — 15.9% 43.8%
❓ Frequently asked questions
What was DLF Limited's revenue in Q2 FY27?
DLF Limited reported revenue of ₹439 crore for the quarter ended September 2026 (Q2 FY27), down 32.1% from ₹647 crore in the same quarter last year.
What was DLF Limited's net profit in Q2 FY27?
Net profit fell 21.0% year-on-year to ₹800 crore, from ₹1,013 crore. Earnings per share (EPS) came in at ₹3.24.
What is DLF's market capitalisation and P/E ratio?
At the current price of ₹675.00, DLF has a market capitalisation of ₹167,084 crore.
Who owns DLF Limited? (shareholding pattern)
As of Sep 2026, promoters held 74.08%, foreign institutional investors (FIIs) 11.43%, domestic institutional investors (DIIs) 9.08%, public shareholders 5.41% of DLF Limited.
TTM ends N/A. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI