- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,62,628 Cr56th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 16 Oct 2026
- 35.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 16 Oct 2026
- 3.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.22%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 16 Oct 2026
- 10.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 16 Oct 2026
- 1.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026. The filing of 16 Oct 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 20,66,83137.1% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Sep 2026, against the quarter beforeFiled 16 Oct
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,261 Crdown 1.54%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,301 Crup 63.92%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 103.2%
Revenue by year
Peak revenue ₹8,366 Cr, year to Mar 2019
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 1 of the 10 years shown
| ₹ crore | Dec 2024Filed 24 Jan | Mar 2025Filed 12 Jun | Jun 2025Filed 4 Aug | Sep 2025Filed 30 Oct | Dec 2025Filed 22 Jan | Mar 2026Filed 13 May | Jun 2026Filed 3 Aug | Sep 2026Filed 16 Oct |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,529 | 3,128 | 2,717 | 1,643 | 2,020 | 1,814 | 1,280 | 1,261 |
| Net profit | 1,059 | 1,282 | 763 | 1,180 | 1,203 | 1,269 | 794 | 1,301 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 69.3% | 41.0% | 28.1% | 71.8% | 59.6% | 69.9% | 62.0% | 103.2% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Real estate Development, which carries all its revenue. From the quarter to Sep 2026 it reports 2 businesses, by share of revenue: Real Estate, 87.0% and Rental, 13.0%.
Valuation
Today, against the company's own history.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 11% of 1,983 trading days over the last 10 years.
LowestHighest
Its median51.4Industry median16.1
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 49% of 1,240 trading days over the last 5 years.
LowestHighest
Its median3.6Industry median1.4
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.163.8
At or below today's level on 99.8% of 1,240 trading days over the last 5 years.
LowestHighest
Its median83.5Industry median16.7
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 82% of 2,478 trading days over the last 10 years.
LowestHighest
Its median0.78%Industry median0.50%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −24.3% | +1.1% | −26.7% | 1.6% |
| 3 years | +13.2% | +29.4% | −13.3% | 1.0% |
| 5 years | +12.9% | +32.2% | −15.3% | 1.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual funds holding it
224 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 124 of the 162 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 4 more funds filed their first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 4
- AddedAdded. Funds that held more shares than at the end of the month before.
- 72
- CutCut. Funds that held fewer shares than at the end of the month before.
- 90
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 53
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 23
| Fund | |||
|---|---|---|---|
 Parag Parikh Flexi Cap FundPPFAS Mutual Fund | 5,27,73,327 | 2.45% | ₹3,556.9 Cr |
 SBI Focused FundSBI Mutual Fund | 1,73,12,675 | 2.33% | ₹1,166.9 Cr |
| SBI Aggressive Hybrid FundSBI Mutual Fund | 1,30,00,000 | 1.02% | ₹876.2 Cr |
 ICICI Prudential Large Cap FundICICI Prudential Mutual Fund | 1,18,86,236 | 1.05% | ₹801.1 Cr |
| ICICI Prudential Business Cycle FundICICI Prudential Mutual Fund | 71,74,922 | 3.25% | ₹483.6 Cr |
 Kotak Multi Cap FundKotak Mahindra Mutual Fund | 51,23,831 | 1.14% | ₹345.3 Cr |
| SBI Flexicap FundSBI Mutual Fund | 36,74,491 | 1.12% | ₹247.7 Cr |
| ICICI Prudential Nifty Next 50 Index FundICICI Prudential Mutual Fund | 25,57,089 | 1.77% | ₹172.3 Cr |
 Aditya Birla Sun Life Large Cap FundAditya Birla Sun Life Mutual Fund | 25,00,000 | 0.60% | ₹168.5 Cr |
 Abakkus Flexi Cap FundAbakkus Mutual Fund | 23,00,000 | 1.98% | ₹155.0 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Residential, Commercial Projects, 172 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to DLF in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Lodha DevelopersLODHA | 96,241 | 23.3 | 4.1 | 17.5 | +26.0% | +39.2% | 19.0% | 16.5% | 0.44% |
 The Phoenix MillsPHOENIXLTD | 66,968 | 52.3 | 6.1 | 26.3 | +17.7% | +29.0% | 11.9% | 12.0% | 0.13% |
 Prestige Estates ProjectsPRESTIGE | 59,979 | 52.7 | 3.7 | 19.8 | +67.5% | +115.9% | 7.2% | 8.7% | 0.14% |
 Oberoi RealtyOBEROIRLTY | 58,638 | 22.3 | 3.1 | 16.7 | +16.6% | +18.0% | 14.7% | 15.8% | 0.50% |
 Godrej PropertiesGODREJPROP | 45,079 | 28.2 | 2.4 | – | +12.7% | +8.1% | 8.8% | −1.7% | 0.67% |
 Brigade EnterprisesBRIGADE | 17,866 | 25.7 | 2.6 | 14.5 | +4.8% | −7.6% | 11.2% | 8.5% | 0.37% |
 Anant RajANANTRAJ | 16,569 | 28.6 | 2.9 | 23.6 | +17.0% | +25.7% | 11.6% | 9.8% | 0.22% |
 SobhaSOBHA | 12,550 | 65.7 | 2.7 | 36.4 | +9.6% | +28.5% | 4.1% | 3.5% | 0.51% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹8.00 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 27 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹8.00 |
| 28 Jul 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹6.00 |
| 31 Jul 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹5.00 |
| 28 Jul 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹4.00 |
| 2 Aug 2022 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹3.00 |
| 23 Aug 2021 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
16 Oct · Business
14 Oct · Analysts
DLF share price by year
Each calendar year to 2025.DLF share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 687.40 | −16.7% | 880.35 | 608.05 |
| 2024 | 824.90 | +13.6% | 948.25 | 713.85 |
| 2023 | 726.40 | +93.7% | 728.65 | 342.70 |
| 2022 | 375.00 | −4.0% | 423.80 | 298.50 |
| 2021 | 390.45 | +67.7% | 442.20 | 234.40 |
| 2020 | 232.85 | +0.8% | 262.85 | 120.80 |
| 2019 | 230.90 | +30.0% | 233.25 | 142.45 |
| 2018 | 177.55 | −31.5% | 270.50 | 144.35 |
| 2017 | 259.35 | +132.8% | 263.80 | 118.70 |
| 2016 | 111.40 | −4.0% | 167.75 | 80.80 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 662.90 | 664.20 | 647.60 | 657.00 | 655.25 | 20,66,831 | 37.1% |
| 22 Oct 2026 | 657.00 | 670.80 | 655.05 | 663.25 | 663.48 | 24,12,286 | 46.7% |
| 21 Oct 2026 | 671.00 | 684.00 | 657.85 | 664.00 | 668.18 | 26,69,497 | 47.6% |
| 19 Oct 2026 | 684.00 | 685.85 | 670.05 | 672.85 | 676.32 | 25,04,625 | 38.0% |
| 16 Oct 2026 | 670.00 | 680.85 | 668.00 | 675.00 | 675.37 | 19,06,820 | 39.3% |
| 15 Oct 2026 | 667.00 | 675.30 | 661.65 | 670.50 | 669.66 | 24,23,566 | 41.5% |
| 14 Oct 2026 | 662.40 | 677.50 | 657.60 | 666.90 | 668.22 | 25,47,372 | 41.4% |
| 13 Oct 2026 | 650.15 | 664.80 | 646.30 | 664.80 | 657.03 | 20,57,228 | 50.3% |
| 12 Oct 2026 | 648.60 | 654.40 | 643.10 | 650.00 | 648.76 | 22,54,441 | 48.5% |
| 9 Oct 2026 | 638.95 | 650.40 | 634.45 | 648.60 | 645.55 | 15,31,100 | 43.2% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Buyback history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 14 Oct 2014 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
| 18 May 2009 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
| 24 Oct 2008 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
Each event is noted and not adjusted for.
About DLF
DLF Limited is a real estate company based in Gurugram, Haryana. It develops residential, commercial and retail properties for businesses and individual customers, and leases offices and retail malls. It was incorporated in 1963. Its equity shares are listed on the National Stock Exchange of India and BSE Limited.
The group runs two main businesses. The development business builds and sells high-rise condominiums, low-rise independent floors, plotted developments and shop-cum-offices. The annuity business develops and leases offices and retail malls. It also includes asset management services and a hospitality vertical of hotels, clubs and food and beverage outlets. The operational rental portfolio is about 50 million sq. ft. The rental business is held across DLF Limited, DLF Cyber City Developers Limited and Atrium Place.
DLF reports no operations in any country outside India. In the year to March 2026 it added about 4 million sq. ft. to its rental portfolio across Gurugram, Chennai and New Delhi.
In the same year, DLF Cyber City Developers Limited sold its Kolkata IT Park. Under orders of the National Company Law Tribunal Chandigarh Bench passed in January and February 2026, several subsidiaries were merged into DLF Limited and DLF Home Developers Limited, with effect from 1 April 2024.
Rajdhani Investments and Agencies Private Limited is the holding company of DLF Limited and holds 61.53% of its paid-up equity share capital.
- Legal name
- DLF Limited
- NSE symbol
- DLF
- BSE code
- 532868
- ISIN
- INE271C01023
- Industry
- Realty
- Listed
- Jul 2007
- Face value
- ₹2
- CIN
- L70101HR1963PLC002484
- Corporate identity number, the registrar of companies' code for it
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