| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,261 | 1,643 | −23.3% |
| EBITDA | 23.0 | 284 | −91.9% |
| EBITDA margin | 1.8% | 17.3% | −15.4 pts |
| Profit before tax | 1,003 | 1,045 | −4.0% |
| Net profit | 1,301 | 1,180 | +10.3% |
| EPS | ₹5.25 | ₹4.77 | +10.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,64,929 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 1,521 | 2,846 | 1,108 | 1,775 | 682 | ||
| 0.0 | 0.0 | 0.0 | 0.8 | 4.4 | ||
| 45.0 | 45.0 | 4,103 | 4,834 | 3,334 | ||
| 1,63,454 | — | — | — | — | ||
| 6,375 | 8,194 | 7,994 | 6,427 | 5,695 | ||
| — | +2.5% | +24.4% | +12.9% | — | ||
| 974 | 1,448 | 2,109 | 2,124 | 1,726 | ||
| 15.3% | 17.7% | 26.4% | 33.0% | 30.3% | ||
| 822 | 1,306 | 1,958 | 1,976 | 1,577 | ||
| 4,567 | 4,415 | 4,367 | 2,724 | 2,034 | ||
| 71.6% | 53.9% | 54.6% | 42.4% | 35.7% | ||
| ₹18.45 | ₹17.83 | ₹17.64 | ₹11.02 | ₹8.22 | ||
| — | +1.1% | +60.2% | +34.0% | — | ||
| — | 6,347 | 5,235 | 2,539 | 2,375 | ||
| — | −129 | −96.0 | −116 | −63.7 | ||
| 6,218 | 6,218 | 5,139 | 2,423 | 2,312 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,64,929.2 | |
| - Cash, Equiv & ST Investments | 681.8 | 1,774.6 | 1,107.5 | 2,846.2 | 1,520.7 | |
| + Minority Interest | 4.4 | 0.8 | 0.0 | 0.0 | 0.0 | |
| + Total Debt | 3,334.0 | 4,833.9 | 4,102.7 | 45.0 | 45.0 | |
| Enterprise Value | — | — | — | — | 1,63,453.5 | |
| Revenue | 5,694.8 | 6,427.0 | 7,993.7 | 8,194.0 | 6,375.2 | |
| Growth %, YoY | — | +12.9 | +24.4 | +2.5 | — | |
| EBITDA | 1,725.9 | 2,123.6 | 2,108.6 | 1,448.4 | 974.0 | |
| Margin % | 30.31 | 33.04 | 26.38 | 17.68 | 15.28 | |
| EBIT | 1,577.3 | 1,975.7 | 1,958.0 | 1,306.0 | 822.2 | |
| Net Income | 2,034.0 | 2,723.5 | 4,366.8 | 4,414.7 | 4,567.2 | |
| Margin % | 35.72 | 42.38 | 54.63 | 53.88 | 71.64 | |
| EPS, Adj (current shares) | 8.22 | 11.02 | 17.64 | 17.83 | 18.45 | |
| Growth %, YoY | — | +34.0 | +60.2 | +1.1 | — | |
| Cash from Operations | 2,375.2 | 2,538.8 | 5,235.2 | 6,347.4 | — | |
| Capital Expenditures | -63.7 | -115.5 | -96.0 | -129.2 | — | |
| Free Cash Flow | 2,311.5 | 2,423.3 | 5,139.2 | 6,218.2 | 6,218.2 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
DLF (NSE: DLF) had a market capitalisation of ₹1,71,872 crore at the 29 October 2026 close (₹694.35 a share), a PE ratio of 37.6 on the last four quarters' profit and a price-to-book ratio of 3.77. In FY26 its consolidated net profit was ₹4,415 crore on revenue of ₹8,194 crore; in Q2 FY27 (July–September 2026) it was ₹1,301 crore, up 10.3% year on year. Its debt-to-equity ratio was 0.00 on 30 September 2026. Promoters held 74.08% of the shares on 30 September 2026.
DLF's PE ratio is 37.6 at the 29 October 2026 close (₹694.35 a share): a market capitalisation of ₹1,71,872 crore divided by consolidated net profit of ₹4,567 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹4,415 crore) it is 38.9.
DLF's net worth — shareholders' equity in its consolidated balance sheet — was ₹45,587 crore on 30 September 2026, up 6.0% from ₹43,002 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,71,872 crore at the 29 October 2026 close.
DLF's book value per share was ₹184.17 on 30 September 2026: shareholders' equity of ₹45,587 crore divided by the 247.53 crore shares in issue, up 6.0% from ₹173.72 a year earlier. The share price at the 29 October 2026 close was ₹694.35.
DLF's price-to-book (PB) ratio is 3.77 at the 29 October 2026 close: a market capitalisation of ₹1,71,872 crore divided by shareholders' equity (book value) of ₹45,587 crore on 30 September 2026. That is a book value of ₹184.17 per share against a share price of ₹694.35.
No. DLF had borrowings of ₹45 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.00. Its cash and current investments were ₹3,697 crore, so it held net cash of ₹3,652 crore.
In FY26, DLF's return on equity (ROE) was 10.0% and its return on capital employed (ROCE) was 2.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 10.7% and ROCE 4.2%.
DLF's market capitalisation was ₹1,71,872 crore (₹1.72 lakh crore) at the 29 October 2026 close: 247.53 crore shares at ₹694.35 each.
DLF's basic earnings per share (EPS) were ₹17.83 in FY26, against ₹17.64 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹18.44.
In 2026, DLF has declared one dividend: ₹8 with record date 27 July 2026.
DLF's debt-to-equity ratio was 0.00 on 30 September 2026: borrowings of ₹45 crore against total equity of ₹45,587 crore. A year earlier, on 30 September 2025, it was 0.04.
DLF's dividend yield is 1.15% at the 29 October 2026 close: dividends of ₹8 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹694.35. They were ₹8 on 27 July 2026.
In FY26, DLF generated ₹6,347 crore of cash from operations and spent ₹129 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹6,218 crore. In FY25 it was ₹5,139 crore.
Promoters held 74.08% of DLF on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
DLF's latest results are for Q2 FY27 (July–September 2026), filed on 16 October 2026: consolidated net profit ₹1,301 crore, up 10.3% from ₹1,180 crore in Q2 FY26; revenue from operations ₹1,261 crore, down 23.3% year on year.
DLF has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On 30 September 2026, DLF's shares were held by promoters 74.08%, foreign portfolio investors (FII/FPI) 11.43%, domestic institutions (DII) 9.08% (including mutual funds at 6.92%) and retail and other non-institutional investors 5.41%. Over the year, FII holding was down 4.02 percentage points from 15.45% and DII holding was up 3.87 percentage points from 5.21%.
In FY26 (April 2025–March 2026), DLF's consolidated net profit was ₹4,415 crore, up 1.1% from ₹4,368 crore in FY25, on revenue from operations of ₹8,194 crore (up 2.5%). Over three years, from FY23, net profit was up 116.8%.
In FY26, DLF earned net profit of ₹4,415 crore on revenue of ₹8,194 crore, against ₹1,850 crore on ₹5,131 crore for Godrej Properties. DLF's operating margin was 15.9% (Godrej Properties −10.4%) and its return on equity 10.0% (Godrej Properties 10.2%).
On FY26 consolidated figures, against Godrej Properties, Oberoi Realty and Prestige Estates Projects: DLF's operating margin of 15.9% is the third highest of the four (Godrej Properties −10.4%, Oberoi Realty 53.7%, Prestige Estates Projects 22.1%; peer average 21.8%); its return on equity of 10.0% is the third highest of the four (Godrej Properties 10.2%, Oberoi Realty 14.9%, Prestige Estates Projects 7.5%; peer average 10.9%); its revenue growth over three years of 12.9% a year is the third highest of the four (Godrej Properties 31.6% a year, Oberoi Realty 12.8% a year, Prestige Estates Projects 15.1% a year; peer average 19.8% a year).
From DLF's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.