DLF Ltd
DLF Ltd with its subsidiaries, associates and JVs is engaged in real estate development, from the identification and acquisition of land to planning, execution, construction and marketing of projects. It is also engaged in business of leasing, generation of power, provision of maintenance services, hospitality and recreational services which are related to the overall development of real estate business.
Key Services
- Colonisation and Real Estate Development
- Identification and Acquisition of Land
- Planning, Execution, Construction and Marketing of Projects
Shareholding Pattern
-PUBLIC GROUP
-PROMOTER GROUP
Financial Summary
| Particulars | March 2024 | March 2023 | March 2022 |
| Sales | 6,427 | 5,695 | 5,717 |
| Sales Growth% | 12.86% | -0.39% | 5.60% |
| Expenses | 4,303 | 3,969 | 3,974 |
| Operating Profit | 2,124 | 1,726 | 1,743 |
| OPM % | 33% | 30% | 30% |
| Net Profit | 2,724 | 2,034 | 1,500 |
| EPS in Rs | 11.02 | 8.22 | 6.06 |
Synopsis of Financials
- Collection: Expected to be around 2,900 to 3,000 crores quarterly.
- Capex: DCCDL’s CAPEX for the year to be 1,800 crores, increasing by 18-20% in the next 2-3 years.
- Rental income: Expected to increase significantly in FY26, especially with new projects coming online.
- Land acquisition and government charges: TDR payments and other land acquisitions contributing to costs.
Final Outlook
There has been a constant growth over years and DLF has a huge order book for next 3-5 years which will grow the wealth of the investors in long term
Company has consistently increased ROE in last 5 years with majority of profits being added to its reserves last year. Company’s annual revenue growth of 15.74% outperformed its 3 year CAGR of 5.33%.
DLF is trading 0.66% upper at Rs 836.35 as compared to its last closing price. DLF has been trading in the price range of 838.75 & 819.15. DLF has given 14.39% in this year.
DLF has TTM P/E ratio 71.74 as compared to the sector P/E of 16.10.
When comparing ratios of DLF with its peers, despite the size of the compnay it surpasses others with some ratios like debtor days,cash conversion cycle.
Surpassing these things DLF plans to launch properties worth 80,000 cr in next 4 years which will definitely increase revenue and generate profits in the future
I Will Give BUY/HOLD Recommendation For this stock
DLF-Ltd