NSE DLF · BSE 532868 · Construction Services · NIFTY 500
DLF Share Price
DLF Overview
Where the price stands, how it has moved and how it sits against its averages.
DLF shares last traded at ₹673.65 on the NSE, up 0.02% on the day. That is 14.5% below the 52-week high of ₹787.70 and 37.7% above the 52-week low of ₹489.30. The stock trades at 34.51× earnings, above the sector average of 20.00. Its market value is ₹1,66,873 Cr.
Price returns
Against the market: 1 Month ▲ +3.92% · 3 Months ▲ +12.35% · 6 Months ▲ +27.07% · This year ▲ +11.83% · 1 Year ▼ −2.47%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.
Moving averages — price is above 6 of 6
- Today's price₹673.65
- 20-day average₹664.60 ▲ price 1.4% above
- 50-day average₹662.12 ▲ price 1.7% above
- 10-day average₹648.83 ▲ price 3.8% above
- 5-day average₹647.38 ▲ price 4.1% above
- 100-day average₹633.79 ▲ price 6.3% above
- 300-day average₹630.69 ▲ price 6.8% above
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
DLF Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹7,841 Cr | ▼ −1.9% | ₹4,415 Cr | 56.3% | ₹17.83 | ₹8.00 |
| FY 2025 | ₹7,994 Cr | ▲ +27.8% | ₹4,368 Cr | 54.6% | ₹17.64 | ₹6.00 |
| FY 2024 | ₹6,255 Cr | ▲ +9.8% | ₹2,727 Cr | 43.6% | ₹11.02 | ₹5.00 |
| FY 2023 | ₹5,695 Cr | ▼ −0.4% | ₹2,036 Cr | 35.7% | ₹8.22 | ₹4.00 |
| FY 2022 | ₹5,717 Cr | ▲ +5.6% | ₹1,501 Cr | 26.3% | ₹6.06 | ₹3.00 |
| FY 2021 | ₹5,414 Cr | ▼ −11.0% | ₹1,094 Cr | 20.2% | ₹4.42 | ₹2.00 |
| FY 2020 | ₹6,083 Cr | — | −₹583 Cr | −9.6% | ₹5.50 | ₹2.00 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹1,280 Cr | ▼ −29.4% | ₹794 Cr | 62.0% | ₹3.21 |
| Q4 FY26 | ₹1,814 Cr | ▼ −10.2% | ₹1,269 Cr | 69.9% | ₹5.12 |
| Q3 FY26 | ₹2,020 Cr | ▲ +23.0% | ₹1,203 Cr | 59.6% | ₹4.86 |
| Q2 FY26 | ₹1,643 Cr | ▼ −39.5% | ₹1,180 Cr | 71.8% | ₹4.77 |
| Q1 FY26 | ₹2,717 Cr | ▼ −13.1% | ₹763 Cr | 28.1% | ₹3.08 |
| Q4 FY25 | ₹3,128 Cr | ▲ +104.6% | ₹1,282 Cr | 41.0% | ₹5.19 |
| Q3 FY25 | ₹1,529 Cr | ▼ −22.6% | ₹1,059 Cr | 69.3% | ₹4.28 |
| Q2 FY25 | ₹1,975 Cr | — | ₹1,381 Cr | 69.9% | ₹5.58 |
Balance sheet — FY26
- Total assets₹74,875 Cr
- Total liabilities₹29,401 Cr
- Shareholders' equity₹45,473 Cr
- Total debt₹306 Cr
- Cash & investments₹7,612 Cr
- Current ratio1.54×
- Revenue growth, 5 yr7.69% a year
- EPS growth, 5 yr32.19% a year
- Operating margin (TTM)19.15%
- Net margin (TTM)37.70%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 6,082.77 | 5,414.06 | 5,717.39 | 5,694.83 | 6,254.58 | 7,993.66 | 7,841.46 |
| Cost of revenue | 3,294.15 | 2,765.50 | 2,610.58 | 2,243.43 | 2,536.31 | 3,903.47 | 4,620.52 |
| Gross profit | 2,788.63 | 2,648.56 | 3,106.81 | 3,451.40 | 3,718.27 | 4,090.19 | 3,220.95 |
| Operating expenses | 4,765.20 | 4,126.44 | 4,299.64 | 4,072.95 | 4,253.55 | 6,184.96 | 6,007.29 |
| Operating income | 1,317.58 | 1,287.62 | 1,417.75 | 1,621.88 | 2,001.03 | 1,808.70 | 1,834.17 |
| Depreciation | 158.61 | 126.24 | 116.31 | 106.10 | 105.75 | 107.15 | 105.06 |
| Profit before tax | 653.46 | 839.57 | 1,164.59 | 1,502.42 | 2,150.55 | 2,260.62 | 2,931.82 |
| Tax | 216.67 | 362.28 | 320.97 | 401.50 | 520.13 | −433.89 | 309.97 |
| Net profit | −583.20 | 1,093.60 | 1,500.85 | 2,035.83 | 2,727.11 | 4,367.62 | 4,414.68 |
| EPS (₹) | 5.50 | 4.42 | 6.06 | 8.22 | 11.02 | 17.64 | 17.83 |
| Dividend per share (₹) | 2.00 | 2.00 | 3.00 | 4.00 | 5.00 | 6.00 | 8.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 57,229.79 | 54,809.67 | 52,503.40 | 53,927.99 | 60,262.40 | 69,475.37 | 74,874.77 |
| Current assets | 28,630.48 | 26,172.05 | 23,818.36 | 25,242.50 | 32,018.40 | 40,371.19 | 39,422.25 |
| Cash & short-term investments | 2,629.81 | 2,040.74 | 950.96 | 2,503.60 | 5,930.33 | 10,623.59 | 7,611.94 |
| Inventory | 22,486.24 | 21,086.64 | 20,106.99 | 19,361.23 | 21,154.13 | 24,621.48 | 24,717.48 |
| Property, plant & equipment | 1,584.71 | 1,306.01 | 1,190.21 | 891.80 | 841.84 | 798.46 | 850.26 |
| Total liabilities | 22,783.04 | 19,465.74 | 16,141.11 | 16,240.46 | 20,831.58 | 26,925.15 | 29,401.40 |
| Current liabilities | 15,701.23 | 12,576.62 | 10,382.30 | 10,927.07 | 14,136.61 | 22,200.14 | 25,601.00 |
| Total debt | 8,339.84 | 6,885.62 | 4,181.84 | 3,334.00 | 4,833.86 | 4,102.73 | 305.89 |
| Total equity | 34,446.74 | 35,343.93 | 36,362.28 | 37,687.53 | 39,430.81 | 42,550.22 | 45,473.37 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 346.97 | 1,456.69 | 2,835.83 | 2,377.28 | 2,538.54 | 5,303.28 | 6,347.45 |
| From investing | 6,516.82 | 153.96 | 262.97 | −462.62 | −1,528.67 | −3,543.05 | 721.08 |
| From financing | −9,521.75 | −2,183.79 | −3,828.19 | −2,013.15 | 176.61 | −2,402.56 | −5,546.81 |
| Capital expenditure | −206.31 | −13.51 | −148.43 | −63.74 | −115.52 | −96.02 | −129.19 |
| Dividends paid | −807.71 | −198.75 | −496.86 | −742.84 | −986.85 | −1,233.59 | −1,480.47 |
| Net change in cash | −2,657.97 | −573.13 | −729.39 | −98.50 | 1,186.48 | −642.32 | 1,521.72 |
What Analysts Say
Recommendations from 22 analysts who cover DLF.
▲ 20 bullish (90.9%) · 1 hold (4.5%) · ▼ 1 bearish (4.5%)
Votes
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 13 | 12 | 12 | 12 | ▼ −1 |
| Buy | 9 | 9 | 8 | 8 | 8 | ▼ −1 |
| Hold | 0 | 0 | 1 | 1 | 1 | ▲ +1 |
| Sell | 0 | 0 | 1 | 1 | 1 | ▲ +1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | — |
Analyst ratings are opinions, not a guarantee of returns.
DLF vs Peers
Side by side with other construction services companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| DLF | ₹673.65 | ▲ +0.02% | ₹1,66,873 Cr | 34.51 | 3.67 | 7.66% | 37.70% | 1.19% | This stock |
| Lodha Developers | ₹1,157.00 | ▼ −0.56% | ₹1,15,623 Cr | 33.73 | 5.10 | 12.35% | 20.57% | 0.36% | Bullish |
| Indus Towers | ₹377.10 | ▼ −2.18% | ₹99,485 Cr | 14.89 | 2.68 | 24.15% | 21.99% | — | Bearish |
| Oberoi Realty | ₹1,848.05 | ▲ +0.75% | ₹67,353 Cr | 27.28 | 3.84 | 14.60% | 41.59% | 0.42% | Bullish |
| Godrej Properties | ₹1,669.40 | ▼ −2.16% | ₹50,287 Cr | 165.98 | 3.31 | 8.31% | 35.87% | 0.48% | Bearish |
| Rail Vikas Nigam | ₹206.50 | ▼ −2.41% | ₹43,056 Cr | 53.68 | 4.79 | 15.56% | 4.27% | 0.63% | Moderately Bearish |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
DLF Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 3.67× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 110 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield1.19%
- Payout ratio44.86%
- 5-year average dividend₹5.20 a share
- Latest dividend₹8.00 per share · 27 Jul 2026
Corporate calendar
- MeetingAnnual General Meeting
- BoardQuarterly Results
- Dividend₹8.00 per share · 400% · Final dividend
- BoardAudited Results & Final Dividend
- BoardQuarterly Results
- BoardQuarterly Results
- MeetingAnnual General Meeting
- BoardQuarterly Results
Show 12 older events
- Dividend₹6.00 per share · 300% · Final dividend
- BoardAudited Results & Final Dividend
- BoardQuarterly Results
- BoardQuarterly Results
- MeetingPostal Ballot
- MeetingAnnual General Meeting
- Dividend₹5.00 per share · 250% · Final dividend
- MeetingPostal Ballot
- MeetingPostal Ballot
- Dividend₹4.00 per share · 200% · Final dividend
- Dividend₹3.00 per share · 150% · Final dividend
- Dividend₹2.00 per share · 100% · Final dividend
About DLF
Construction Services
DLF Limited is an India-based company, which is primarily engaged in the business of colonization and real estate development. The operations of the Company include all aspects of real estate development, from the identification and acquisition of land, to planning, execution, construction, and marketing of projects. The Company is also engaged in the business of leasing, generation of power, provision of maintenance services, hospitality, and recreational activities. Its homes portfolio ranges from luxury residential complexes to smart townships. Its offices portfolio is an integrated mix of office spaces with food and beverage and leisure amenities. It has developed approximately 27.96 million square meter residential area and 4.81 million square feet retail space. The Company's subsidiaries include Aaralyn Builders & Developers Private Limited, Adana Builders & Developers Private Limited and Afaaf Builders & Developers Private Limited, among others.
Key people
- Rajiv SinghExecutive Chairman of the Board
- Badal BagriGroup Chief Financial Officer
- Ram Parkash PunjaniCompliance Officer, Company Secretary
- Devinder SinghManaging Director, Whole-Time Director
- Ashok Kumar TyagiManaging Director, Whole-Time Director
Company facts
- NSE symbolDLF
- BSE code532868
- ISININE271C01023
- IndustryConstruction Services
- IndexNIFTY 500
- Market cap₹1,66,873 Cr
- Revenue (FY26)₹7,841 Cr
- Net profit (FY26)₹4,415 Cr
In the News
Recent headlines about DLF — they open on Mint in a new tab.
- Top stocks to buy today: DLF, PN Gadgil Jewellers, HPCL - Stop-loss, target by Ganesh Dongre
Indian stock market: Amid ongoing Middle East Tension, Ganesh Dongre of Anand Rathi recommends three stocks to buy on Monday. Check top stock picks by the market expert.
20 Sep 2026 · 3 min read · Mint ↗ - Lodha Developers share price gains over 4% on rate hike bets - Check how other realty stocks are performing today
Lodha Developers jumped more than 4% on the BSE to ₹1,148.50 per share, making it the top gainer in the index. The broader realty pack also traded in the green, indicating that the gains were not limited to a single stock.
18 Sep 2026 · 3 min read · Mint ↗ - Soaring land prices accelerate developers’ premium housing push
Gurugram-based M3M emerged as the highest bidder for a 12.5-acre land parcel in Noida's Sector 108 for ₹1,839 crore, against a reserve price of ₹835 crore set by the New Okhla Industrial Development Authority for the auction. DLF was the other bidder at the final stage.
10 Sep 2026 · 3 min read · Mint ↗ - Parag Parikh Flexi Cap Fund: What it bought and sold in August 2026; top 10 holdings revealed
Parag Parikh Flexi Cap Fund, India’s largest mutual fund scheme, added DLF and Knowledge Realty Trust in August 2026 and exited one REIT. It also raised exposure to 10 holdings and trimmed one. Here’s what you need to know.
9 Sep 2026 · 3 min read · Mint ↗ - Realty launches galore despite affordability concerns
Analysts say a prolonged war could be a dampener for realty companies' profitability. Plus, there is no clarity yet on the second-order effects of rising artificial intelligence adoption on IT hotspots, which can be a potential risk.
9 Sep 2026 · 3 min read · Mint ↗ - M3M outbids DLF for Noida land parcel at ₹1,850 crore, more than double reserve price
M3M has emerged as the highest bidder for a 12.5-acre mixed-use plot in Noida's Sector 108, quoting around ₹1,850 crore, more than twice the ₹835-crore reserve price. DLF also participated in the auction, while Godrej Properties did not bid.
9 Sep 2026 · 1 min read · Mint ↗ - Buy or sell: Sumeet Bagadia recommends these three Independence Day stock picks. Should you buy?
Buy or sell: Sumeet Bagadia recommends these three Independence Day stock picks — Larsen & Toubro, CG Power, DLF
15 Aug 2026 · 5 min read · Mint ↗ - Shares to buy or sell: Chandan Taparia of Motilal Oswal recommends three stocks to buy today - 14 August 2026
The Indian stock market is poised for a lower opening on August 14, influenced by global cues and Gift Nifty trends. Key indices, Nifty 50 and Sensex, showed mixed results in the previous session, while analysts suggest a trading range between 24,200 and 24,700.
14 Aug 2026 · 2 min read · Mint ↗
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