# DLF (DLF) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/dlf

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹644.35
- Change: +0.68%
- As of: 2026-09-18
- 1D return: +0.68%
- 5D return: -1.75%
- 1M return: -4.70%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, DLF is trading at ₹644.35, with a technical stance that shows mixed signals across different timeframes. The daily timeframe indicates a bearish trend, with the price below key moving averages like the 20-day EMA (₹656.39) and the 50-day EMA (₹654.65), and the Supertrend indicator also showing bearish. This is contrasted by the monthly timeframe, which exhibits a bullish trend with the price above the Supertrend indicator (₹435.19). The weekly timeframe also shows a bullish Supertrend direction, though the price is below its 20-day EMA (₹644.86) and 50-day EMA (₹655.95).

Nearest support is observed around ₹635.52 (1.37% below current price), with further support at ₹633.52. Overhead resistance is noted at ₹649.03 (0.73% above current price), followed by ₹658.07. The stock has experienced some recent anomalies, including a wide intraday range on September 15, 2026, and a significant volume spike with a price move on September 9, 2026. The current setup carries a risk profile with an annualized volatility of 31% and a current drawdown of -27%.

Key watch conditions include monitoring the price action around the ₹649.03 resistance level. A sustained move above this level could challenge further resistance. Conversely, a break below the ₹635.52 support level, especially on increased volume, may signal further downside. The formation of a Doji pattern on the weekly chart on September 18, 2026, suggests potential indecision in the market.

- Current price as of September 18, 2026, is ₹644.35.
- Nearest support level is ₹635.52; nearest resistance level is ₹649.03.
- Daily trend is bearish, while monthly and weekly Supertrend indicators are bullish.
- Annualized volatility is 31% with a current drawdown of -27%.
- Watch for price movement above ₹649.03 resistance or below ₹635.52 support.

- Doji
- Morning Star
- Harami
- Bearish Engulfing Reversal
- Hammer
- Evening Star

### News Context

DLF is preparing to launch a new shopping mall in Goa, with operations expected to commence in February-March 2027. The company anticipates generating over ₹150 crore in rental income from this new venture. This development signals an expansion in DLF's retail real estate portfolio. Separately, broader market movements saw the S&P BSE Sensex increase by 312.79 points (0.43%) and the Nifty 50 add 117.65 points (0.51%) by 14:25 IST on September 16, 2026, although realty shares experienced a decline during this period.

- DLF plans to open a new shopping mall in Goa in February-March 2027.
- The company expects to earn over ₹150 crore in rentals from the Goa mall.
- On September 16, 2026, the S&P BSE Sensex rose 0.43% and the Nifty 50 rose 0.51%, while realty shares fell.

- DLF to open Goa shopping mall in Feb-Mar, eyes over Rs 150 crore in rentals
- Parag Parikh Flexi Cap inflows fall 72% since March: How has Rajeev Thakkar changed the Rs 1.47 lakh crore portfolio?
- Indices trade higher; realty shares plunge

### What Changed

DLF's recent developments include participation in the 2026 Jefferies India Forum on September 17, 2026, where executives met with analysts and institutional investors. No unpublished price-sensitive information was disclosed during these meetings. Separately, news reports indicate DLF plans to open a shopping mall in Goa in February-March, with an expected rental income exceeding ₹150 crore. The company's stock price saw a slight increase, closing at ₹644.35 on September 18, 2026, compared to ₹640.0 on the previous day. The company's core business remains in real estate development and management.

- On September 17, 2026, DLF executives attended the 2026 Jefferies India Forum, engaging in meetings with analysts and institutional investors.
- No unpublished price-sensitive information was shared during the analyst call on September 17, 2026.
- News reports suggest DLF is set to open a shopping mall in Goa during February-March, anticipating over ₹150 crore in rental income.
- DLF's stock price closed at ₹644.35 on September 18, 2026, a marginal increase from ₹640.0 recorded previously.
- DLF continues its operations in real estate development and management.

- DLF to open Goa shopping mall in Feb-Mar, eyes over Rs 150 crore in rentals
- Outcome of Analyst Call |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates

### Official Filings

DLF Limited's subsidiary, DLF Info Park Developers (Chennai) Limited, is acquiring a 26.97% stake in Balang Renewables Private Limited for ₹4.20 crore. This acquisition is intended to qualify the subsidiary as a Captive User under the Electricity Act, 2003, enabling it to purchase green power from Balang Renewables. The transaction is expected to conclude within 30 days of the August 18, 2026, agreement date. Separately, DLF executives attended the 2026 Jefferies India Forum on September 17, 2026, where they engaged in investor meetings. The company confirmed that no unpublished price-sensitive information was shared during these interactions.

- On August 18, 2026, DLF Info Park Developers (Chennai) Limited agreed to acquire approximately 26.97% of Balang Renewables Private Limited for ₹4.20 crore.
- The acquisition aims to secure green power through a Captive Power Purchase Agreement.
- The transaction is expected to be completed within 30 days of the August 18, 2026, agreement.
- DLF executives participated in the 2026 Jefferies India Forum on September 17, 2026.
- No unpublished price-sensitive information was disclosed during the Jefferies India Forum meetings on September 17, 2026.

- Outcome of Analyst Call |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- DLF Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Schedule of meet. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- DLF Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. |SUBJECT: Acquisition
- DLF Limited has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL
- Transcript of earnings call for Q1 FY27 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- DLF Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL

### Fundamentals

DLF's recent financial performance shows a mixed trajectory. For the quarter ending June 2026 (Q1 FY26-27), Revenue from Operations was ₹1,280.34 crore, a decrease from ₹2,020.22 crore in Q3 FY25-26. Profit Before Tax also declined to ₹422.76 crore in Q1 FY26-27 from ₹722.60 crore in Q3 FY25-26. The Net Profit for the period followed a similar trend, falling to ₹793.90 crore in Q1 FY26-27 from ₹1,203.36 crore in Q3 FY25-26. Finance Costs for Q1 FY26-27 were ₹17.62 crore, down from ₹36.29 crore in Q3 FY25-26. However, Other Expenses increased to ₹239.03 crore in Q1 FY26-27 compared to ₹303.57 crore in Q3 FY25-26. The Tax Expense for Q1 FY26-27 was ₹114.69 crore, a significant shift from the negative tax expense of -₹7.42 crore in Q3 FY25-26.

Looking at the longer-term historical data, DLF's Net Profit has shown growth, reaching ₹4,415.0 crore in FY2025-26 from ₹1,314.0 crore in FY2018-19. Earnings Per Share (EPS) has also grown to ₹17.83 in FY2025-26 from ₹5.98 in FY2018-19. The company's balance sheet shows a significant reduction in Borrowings from ₹17,222 crore in March 2019 to ₹3,060 crore in March 2026 (projected). Investments have steadily increased from ₹21,005 crore in March 2019 to a projected ₹21,692 crore in March 2026. Total Assets have grown from ₹66,483 crore in March 2019 to a projected ₹73,465 crore in March 2026. The company's Cash Flow from Operating Activity has also shown an upward trend, projected to reach ₹6,347.0 crore in FY2025-26 from ₹2,043.0 crore in FY2018-19. Free Cash Flow is also projected to increase significantly to ₹6,231.0 crore in FY2025-26 from ₹1,474.0 crore in FY2018-19.

Key monitoring areas include the sequential and year-over-year trends in revenue and profitability, particularly the impact of changing expense structures and tax rates on net profit. The company's debt reduction strategy and the growth in its investment portfolio are also important factors to observe, alongside the company's ability to maintain positive free cash flow generation.

- For Q1 FY26-27, DLF reported Revenue from Operations of ₹1,280.34 crore, Profit Before Tax of ₹422.76 crore, and Net Profit of ₹793.90 crore.
- In FY2025-26, Net Profit was ₹4,415.0 crore and EPS was ₹17.83, showing growth from FY2018-19 figures of ₹1,314.0 crore and ₹5.98 respectively.
- Projected Borrowings are expected to decrease to ₹3,060 crore by March 2026, down from ₹17,222 crore in March 2019.
- Projected Cash Flow from Operating Activity is estimated at ₹6,347.0 crore for FY2025-26, an increase from ₹2,043.0 crore in FY2018-19.
- Projected Free Cash Flow is estimated at ₹6,231.0 crore for FY2025-26, up from ₹1,474.0 crore in FY2018-19.

### Bull Case

DLF has demonstrated a significant reduction in its borrowings, decreasing from ₹17,222 crore in March 2019 to ₹8,103 crore by March 2020. This deleveraging is accompanied by an increase in equity capital, which rose from ₹441 crore to ₹495 crore over the same period, alongside a rise in reserves from ₹33,135 crore to ₹33,952 crore. While cash flow from operations saw a decrease from ₹2,043 crore in March 2019 to ₹356 crore in March 2020, the company's free cash flow also reduced from ₹1,474 crore to ₹217 crore in the same comparative periods. The company is also planning to open a shopping mall in Goa, aiming for over ₹150 crore in rentals.

- Borrowings reduced by ₹9,119 crore from ₹17,222 crore (March 2019) to ₹8,103 crore (March 2020).
- Equity capital increased by ₹54 crore from ₹441 crore (March 2019) to ₹495 crore (March 2020).
- Reserves increased by ₹817 crore from ₹33,135 crore (March 2019) to ₹33,952 crore (March 2020).
- DLF plans to open a shopping mall in Goa, targeting over ₹150 crore in rental income.

- DLF to open Goa shopping mall in Feb-Mar, eyes over Rs 150 crore in rentals
- Parag Parikh Flexi Cap inflows fall 72% since March: How has Rajeev Thakkar changed the Rs 1.47 lakh crore portfolio?
- Indices trade higher; realty shares plunge

### Bear Case

DLF's financial performance shows signs of strain, particularly in its operating cash flows and sales growth. The company experienced a significant decrease in cash flow from operations, falling from ₹2,043 crore in March 2019 to ₹356 crore in March 2020. This decline is also reflected in free cash flow, which dropped from ₹1,474 crore to ₹217 crore over the same period. Furthermore, sales growth has contracted, with a negative Compounded Sales Growth of -28% on a Trailing Twelve Months (TTM) basis, contrasting with a 9% growth over five years. The company's balance sheet also saw a reduction in total assets by ₹10,593 crore between March 2019 and March 2020, accompanied by a decrease in fixed assets and investments.

- Cash flow from operations declined from ₹2,043 crore in March 2019 to ₹356 crore in March 2020.
- Free cash flow decreased from ₹1,474 crore in March 2019 to ₹217 crore in March 2020.
- Compounded Sales Growth was -28% on a TTM basis, compared to 9% over 5 years.
- Total assets decreased by ₹10,593 crore from March 2019 (₹66,483 crore) to March 2020 (₹55,890 crore).

- DLF to open Goa shopping mall in Feb-Mar, eyes over Rs 150 crore in rentals
- Parag Parikh Flexi Cap inflows fall 72% since March: How has Rajeev Thakkar changed the Rs 1.47 lakh crore portfolio?
- Indices trade higher; realty shares plunge

### FAQs

**How has DLF's balance sheet composition changed between March 2019 and March 2020?**

Between March 2019 and March 2020, DLF's total assets decreased from ₹66,483 crore to ₹55,890 crore, and total liabilities also decreased from ₹66,483 crore to ₹55,890 crore. Notably, borrowings reduced significantly from ₹17,222 crore in March 2019 to ₹8,103 crore in March 2020. Investments also saw a decrease from ₹21,005 crore to ₹18,566 crore over the same period. Equity capital increased from ₹441 crore to ₹495 crore, and reserves grew from ₹33,135 crore to ₹33,952 crore.

**What were the key changes in DLF's cash flow from operations and investing activities between the fiscal years ending March 2019 and March 2020?**

DLF's cash flow from operating activities decreased from ₹2,043 crore in the year ending March 2019 to ₹356 crore in the year ending March 2020. Free cash flow also declined from ₹1,474 crore to ₹217 crore over the same period. In contrast, cash from investing activities increased substantially from ₹3 crore in March 2019 to ₹6,508 crore in March 2020. Net cash flow shifted from a positive ₹2,921 crore in March 2019 to a negative ₹2,658 crore in March 2020.

**What recent corporate development has DLF announced regarding its subsidiaries?**

On August 18, 2026, DLF Info Park Developers (Chennai) Limited, a subsidiary of DLF Limited, entered into an agreement to acquire approximately 26.97% of the equity shares of Balang Renewables Private Limited for ₹4.20 crore. This acquisition is intended to qualify the subsidiary as a Captive User under the Electricity Act, 2003, enabling it to receive green power from Balang Renewables under a Captive Power Purchase Agreement. The transaction is expected to conclude within 30 days of the agreement date.

**What is the current technical trend for DLF based on daily and weekly indicators as of September 18, 2026?**

As of September 18, 2026, DLF's daily trend indicators suggest a bearish outlook, with the Supertrend indicating 'bearish' and the 20-day Exponential Moving Average (EMA) showing a negative slope. However, the weekly trend indicators are more positive, with the Supertrend showing 'bullish' and the 20-day EMA also exhibiting a positive slope, despite a lower 14-day Average Directional Index (ADX) on both timeframes compared to the monthly trend.

- DLF to open Goa shopping mall in Feb-Mar, eyes over Rs 150 crore in rentals
- Parag Parikh Flexi Cap inflows fall 72% since March: How has Rajeev Thakkar changed the Rs 1.47 lakh crore portfolio?
- Indices trade higher; realty shares plunge
- Outcome of Analyst Call |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- DLF Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Schedule of meet. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- DLF Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. |SUBJECT: Acquisition
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹635.52
- Risk regime: Price Risk Requires Attention

### Support levels
- 633.525
- 618.6875
- 598.1

### Resistance levels
- 773.11875
- 789.125
- 844.5

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.68% |
| return_10 | -5.47% |
| return_1m | -3.21% |
| return_1y | -17.72% |
| return_20 | -4.70% |
| return_3m | +0.57% |
| return_5 | -1.75% |
| return_6m | +14.43% |
| return_since_start | -21.85% |
| return_ytd | -6.81% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -42.74% |
| annualized_volatility | +30.97% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue declines sharply; net profit edges up year-on-year amid lower costs and tax changes

DLF’s revenue for the first quarter of FY2026‑27 fell sharply from both the previous quarter and the same quarter last year, reaching its lowest level across the five reported quarters. Despite the steep revenue drop, net profit was slightly higher than a year ago, helped by lower finance costs and a decline in other expenses. Profit before tax, however, fell significantly on both a sequential and year‑on‑year basis, and net profit declined from the prior quarter.

## Revenue

Revenue from operations was ₹1,280.34 crore, a decrease of 29.4% from ₹1,814.06 crore in the preceding quarter and 52.9% lower than ₹2,716.70 crore in Q1 FY2025‑26. This was the lowest quarterly revenue among the last five quarters, continuing a pattern of volatility after the high of Q1 last year.

## Profitability

Profit before tax (PBT) stood at ₹422.76 crore, down 34.9% from ₹649.07 crore in the previous quarter and 17.9% below the ₹515.30 crore recorded a year earlier.

Net profit (profit for the period) was ₹793.90 crore. That represents a 4.1% rise from ₹762.67 crore in the year‑ago quarter, despite a 37.4% sequential decline from ₹1,268.56 crore in Q4 FY2025‑26.

## Costs

Several major expense items shaped the quarter.

- **Cost of materials consumed** amounted to ₹714.34 crore.
- **Employee benefit expense** was ₹176.67 crore.
- **Depreciation** stood at ₹35.14 crore.
- **Finance costs** continued a multi‑quarter decline, falling to ₹17.62 crore from ₹21.09 crore in Q4 and ₹78.57 crore a year ago – a 77.6% reduction year‑on‑year.
- **Other expenses** were ₹239.03 crore, down 42.4% from the previous quarter’s elevated level of ₹414.91 crore and 8.0% lower than the ₹259.86 crore incurred in Q1 FY2025‑26.

## Tax Expense

Tax expense was ₹114.69 crore in the quarter. This compares with a negative tax expense (a credit) of ₹92.11 crore in Q4 FY2025‑26 and an expense of ₹133.18 crore a year earlier. The swing from a tax credit to a tax charge weighed on sequential net profit, while the 13.9% year‑on‑year decline in the tax expense provided some support to net profit relative to the prior year.

## Other Income

Other income during the quarter was ₹325.22 crore.

## Key Takeaway

Revenue dropped sharply to a five‑quarter low, and profit before tax fell materially. Net profit still managed a modest year‑on‑year increase, aided by a steep reduction in finance costs, slightly lower other expenses, and a smaller tax charge compared with the prior year. Sequentially, the shift from a tax credit to a tax expense contributed to the decline in net profit. The central concern remains the pronounced revenue weakness.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: DLF Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_18092026182621_Letter.pdf)
- 2026-09-18 — Generic Announcement: DLF Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2622_WebXMLFile_20260918_182748336.xml)
- 2026-09-17 — Generic Announcement: DLF Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_17092026190540_Letter.pdf)
- 2026-09-17 — Generic Announcement: DLF Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2622_WebXMLFile_20260917_190856437.xml)
- 2026-09-14 — Generic Announcement: DLF Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_14092026172159_Letter.pdf)
- 2026-09-14 — Generic Announcement: DLF Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2622_WebXMLFile_20260914_172428262.xml)
- 2026-08-18 — Generic Announcement: DLF Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_18082026174254_Letter.pdf)
- 2026-08-18 — Generic Announcement: DLF Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_2622_WebXMLFile_20260818_174915676.xml)
- 2026-08-07 — Generic Announcement: DLF Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_07082026151631_Letter.pdf)
- 2026-08-07 — Generic Announcement: DLF Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2622_WebXMLFile_20260807_152225781.xml)
- 2026-08-04 — Generic Announcement: DLF Limited has made the audio/video recording of its earnings webcast available on its website. The webcast, held on August 4, 2026, discussed the company's un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. This disclosure is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_04082026194323_Letter.pdf)
- 2026-08-04 — Official Filing: DLF Limited disclosed audio and video recordings of an earnings call held on August 4, 2026. The recordings were uploaded to the company's website on August 4, 2026, at 19:14:00, following prior intimation to the exchange on July 30, 2026. The call concluded at 16:47:00 on August 4, 2026.
- 2026-08-04 — Generic Announcement: DLF Limited published extracts of its un-audited financial results for the quarter ended June 30, 2026, on August 4, 2026. This disclosure complies with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_04082026193329_Letter.pdf)
- 2026-08-03 — Press Release: DLF Limited reported its Q1 FY27 financial results, with consolidated revenue at Rs 1,605 crore and net profit at Rs 794 crore, a 4% year-over-year increase. The company generated an operating cash flow of Rs 1,317 crore and ended the quarter with a net cash position of Rs 15,200 crore. DLF Cyber City Developers Limited reported consolidated revenue of Rs 1,917 crore and a net profit of Rs 717 crore, a 21% year-over-year increase. — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_03082026172608_Letter.pdf)
- 2026-08-03 — Generic Announcement: DLF Limited held its 61st Annual General Meeting on August 3, 2026, via video conferencing. The meeting addressed ordinary business including the adoption of financial statements for the year ended March 31, 2026, declaration of dividend, and re-appointment of directors. Special business involved ratifying the remuneration of the Cost Auditors. All resolutions presented were passed by the members. — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_03082026175105_Letter.pdf)
- 2026-08-03 — Generic Announcement: DLF Limited held its 61st Annual General Meeting on August 3, 2026, conducted via video conference. The company submitted the Scrutinizer's Report and Voting Results, confirming that all five resolutions, including the adoption of financial statements for the year ended March 31, 2026, the declaration of dividend, and the re-appointment of directors Mr. Ashok Kumar Tyagi and Ms. Pia Singh, were approved by the requisite majority through e-voting. — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_03082026184627_Letter.pdf)
- 2026-08-03 — Management Change: The Board of Directors of DLF Limited, in a meeting held on August 3, 2026, approved the re-appointment of Sanjay Gupta & Associates as the company's Cost Auditors for the Financial Year 2026-27. The decision was based on the recommendation of the Audit Committee. — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_03082026171845_Letter.pdf)
- 2026-08-03 — Generic Announcement: DLF Limited's Board of Directors approved the Un-audited Financial Results for the quarter ended June 30, 2026, on August 3, 2026. The company is involved in several key legal matters, including a Rs. 630 crore penalty from the Competition Commission of India related to unfair buyer conditions, which is under appeal at the Supreme Court. Additionally, judgments cancelling land sale deeds for IT SEZ/IT Park projects in Gurugram are also under appeal at the Supreme Court, with operations stayed. SEBI has imposed restrictions and penalties, with appeals pending before the Supreme Court. — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_03082026170505_Letter.pdf)
- 2026-08-03 — Generic Announcement: DLF Limited held its 61st Annual General Meeting on August 3, 2026, virtually. The company reported strong performance for Fiscal Year 2026, with new sales bookings of ₹20,143 crore and a net profit of ₹4,408 crore. The annuity portfolio now comprises approximately 50 million square feet. — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_03082026175640_Letter.pdf)
- 2026-08-03 — Generic Announcement: DLF Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2622_WebXMLFile_20260803_174044597.xml)
- 2026-08-03 — Earnings Presentation: DLF Limited will hold an Investor/Analyst call on August 4, 2026, to discuss Q1FY27 Results Presentation. The company reported a Net Cash Position of INR 15,200 crore and Sales Bookings of INR 1,444 crore for Q1FY27. The Annuity Business has an operational portfolio of approximately 50 msf with high occupancy rates. — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_03082026173509_Letter.pdf)
- 2026-07-30 — Generic Announcement: DLF Limited will hold an investor/analyst call on August 4, 2026, at 16:00 IST to discuss the un-audited financial results for the quarter ended June 30, 2026, and its business outlook. This disclosure is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_30072026190026_Letter.pdf)
- 2026-07-30 — Official Filing: DLF Limited will hold an earnings call on August 4, 2026, at 16:00 IST to discuss its un-audited financial results for Q1 FY27 and business outlook. The virtual group meeting will be conducted via video conference, and a webcast link is available for general investors. The agenda includes a review of Q1 Results.
- 2026-07-28 — Official Filing: DLF Limited will hold a board meeting on August 3, 2026, to consider its unaudited standalone and consolidated financial results for the quarter ended June 2026. The trading window for the company's securities will be closed from July 1, 2026, to August 5, 2026.
- 2026-07-12 — Generic Announcement: DLF Limited published newspaper advertisements on July 12, 2026, in Financial Express and Jansatta regarding its 61st Annual General Meeting. The meeting is scheduled for August 3, 2026, at 12:30 PM IST and will be conducted via Video Conferencing (VC)/ Other Audio Visual Means (OAVM). — [Official attachment](https://nsearchives.nseindia.com/corporate/DLF_12072026123406_Letter.pdf)

## News and market events

- 2026-09-18 — CNBC-TV18: **Mumbai redevelopment to gain more ground over next 5-7 years: JLL** — Mumbai's redevelopment segment has grown from under 6% of housing sales to close to 15% in under a decade, and JLL's Karan Singh Sodi expects that share to keep rising over the next five to seven years, driven by a lack of open land and growing institutional developer interest. — [Source](https://www.cnbctv18.com/market/mumbai-redevelopment-housing-home-sales-jll-india-karan-singh-sodi-alpha-article-19993507.htm)
- 2026-09-18 — The Hindu: **DLF to open Goa shopping mall in Feb-Mar, eyes over ₹150 cr in rentals** — DLF to launch a ₹500 crore shopping mall in Goa by March, targeting over ₹150 crore in annual rentals. — [Source](https://www.thehindubusinessline.com/news/real-estate/dlf-to-open-goa-shopping-mall-in-feb-mar-eyes-over-150-cr-in-rentals/article71480193.ece)
- 2026-09-18 — MONEYCONTROL: **DLF to open Goa shopping mall in Feb-Mar, eyes over Rs 150 crore in rentals** — DLF, Goa shopping mall — [Source](https://www.moneycontrol.com/news/business/real-estate/dlf-to-open-goa-shopping-mall-in-feb-mar-eyes-over-rs-150-crore-in-rentals-14033014.html)
- 2026-09-17 — MONEYCONTROL: **Parag Parikh Flexi Cap inflows fall 72% since March: How has Rajeev Thakkar changed the Rs 1.47 lakh crore portfolio?** — Parag Parikh Flexi Cap Fund, Parag Parikh mutual fund, Rajeev Thakkar, flexi cap mutual funds, mutual fund inflows, Parag Parikh portfolio, PPFAS, mutual fund portfolio — [Source](https://www.moneycontrol.com/news/business/personal-finance/parag-parikh-flexi-cap-inflows-fall-72-since-march-how-has-rajeev-thakkar-changed-the-rs-1-47-lakh-crore-portfolio-14032014.html)
- 2026-09-16 — BUSINESS: **Indices trade higher; realty shares plunge** — At 14:25 IST, the barometer index, the S&P BSE Sensex jumped 312.79 points or 0.43% to 74,323.02. The Nifty 50 index added 117.65 points or 0.51% to 23,236.25. — [Source](https://www.business-standard.com/markets/capital-market-news/indices-trade-higher-realty-shares-plunge-126091600625_1.html)
- 2026-09-11 — BUSINESSTODAY: **Lodha, Godrej Properties, other shares slide as Nifty Realty hits two-month low; here's why** — Lodha Developers, Godrej Properties, Nifty Realty, realty stocks, real estate stocks, DLF, Prestige Estates, Phoenix Mills, Anant Raj, Oberoi Realty, Nifty Realty index, realty sector, bond yields, interest rates, US Treasury yields, Indian bond yields, housing demand, real estate sector, stock market today — [Source](https://www.businesstoday.in/markets/stocks/story/lodha-godrej-properties-other-shares-slide-as-nifty-realty-hits-two-month-low-heres-why-554841-2026-09-11)
- 2026-09-11 — BUSINESS: **Indices trade with major losses; realty shares decline** — At 10:30 IST, the barometer index, the S&P BSE Sensex, tanked 538.70 points or 0.72% to 74,367.44. The Nifty 50 index lost 179.35 points or 0.76% to 23,298.45. — [Source](https://www.business-standard.com/markets/capital-market-news/indices-trade-with-major-losses-realty-shares-decline-126091100337_1.html)
- 2026-09-11 — MONEYCONTROL: **Nifty Realty index crashes 4% to hit over 2-month low; Godrej Properties, Lodha lead losses: Here's why** — Nifty Realty, real estate, Godrej Properties, Lodha — [Source](https://www.moneycontrol.com/news/business/markets/nifty-realty-index-crashes-4-to-hit-over-2-month-low-godrej-properties-lodha-lead-losses-here-s-why-14027698.html)
- 2026-09-11 — FREEPRESSJOURNAL.IN: **Mumbai Beckons: Why India’s Leading Developers Are Expanding Into The Country’s Most Competitive Real Estate Market** — Mumbai’s luxury housing demand and redevelopment potential are attracting leading national developers. Luxury homes priced at Rs 10 crore and above recorded Rs 18,512 crore in sales in H1 2026, while redevelopment is unlocking new supply. Developers are increasingly using JVs, partnerships and development agreements to enter the market. — [Source](https://www.freepressjournal.in/mumbai/mumbai-beckons-why-indias-leading-developers-are-expanding-into-the-countrys-most-competitive-real-estate-market)
- 2026-09-10 — MONEYCONTROL: **Trade Spotlight: How should you trade Urban Company, Inox Wind, CG Power, Apollo Hospitals Enterprise, Adani Ports, and others on September 10?** — Trade Spotlight — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-urban-company-inox-wind-cg-power-apollo-hospitals-enterprise-adani-ports-and-others-on-september-10-14026632.html)
- 2026-09-10 — Mint: **Soaring land prices accelerate developers’ premium housing push | Mint** — 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. — [Source](https://www.livemint.com/industry/real-estate/soaring-land-prices-accelerate-developers-premium-housing-push-11788927054452.html)
- 2026-09-09 — Times of India: **M3M picks up commercial land off Noida Expressway for Rs 1.8k crore** — M3M India buys 12.5-acre mixed-use commercial plot in Noida Sector 108 for Rs 1,839 crore after bidding war with DLF; total cost may top Rs 2,000 crore. — [Source](https://timesofindia.indiatimes.com/city/noida/m3m-picks-up-commercial-land-off-noida-expressway-for-rs-1-8k-crore/articleshow/133982196.cms)
- 2026-09-09 — 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. — [Source](https://www.livemint.com/market/mark-to-market/nifty-realty-index-rally-real-estate-stocks-property-launches-11788928025285.html)
- 2026-09-06 — Economic Times: **Gurugram luxury housing lines up Rs 1 lakh crore festive launch pipeline** — Gurugram's luxury housing sector anticipates a strong festive season with nearly one lakh crore in new project launches. Developers are accelerating approvals for upcoming projects across prime micro-markets in the region. These new developments will include branded residences and senior living communities for affluent buyers. Golf Course Extension Road is a key area seeing significant developer interest and planned launches. — [Source](https://economictimes.indiatimes.com/industry/services/property-/-cstruction/gurugram-luxury-housing-lines-up-rs-1-lakh-crore-festive-launch-pipeline/articleshow/133842698.cms)
- 2026-09-06 — LIVELAW.IN: **Housing Project Must Be Built As Per Brochure Given To Buyer: Supreme Court Directs CBI Enquiry Into DLF Construction** — The Supreme Court has directed the Central Bureau of Investigation (CBI) to proceed with a Preliminary Enquiry (PE) into issues surrounding the construction of the DLF Primus project in Gurugram,... — [Source](https://www.livelaw.in/top-stories/housing-project-must-be-built-as-per-brochure-given-to-buyer-supreme-court-directs-cbi-enquiry-into-dlf-construction-548775)
- 2026-08-28 — MONEYCONTROL: **Foreign funds sit on Rs 1.86 lakh short contracts as Nifty coils for a breakout** — foreign funds, stock market, nifty stock contracts, india stock market — [Source](https://www.moneycontrol.com/news/business/markets/foreign-funds-sit-on-rs-1-86-lakh-short-contracts-as-nifty-coils-for-a-breakout-14017498.html)
- 2026-08-25 — Mint: **Raja Venkatraman recommends three stocks for 25 August** — Market expert Raja Venkatraman shares his top stock picks for 25 August. Here’s his technical outlook and trade strategy. — [Source](https://www.livemint.com/market/stock-market-news/raja-venkatraman-recommends-three-stocks-for-25-august-11787587016319.html)
- 2026-08-24 — MONEYCONTROL: **Trade Spotlight: How should you trade ICICI Bank, Action Construction Equipment, IIFL Finance, DCB Bank, Swiggy, and others on August 24?** — Trade Spotlight, Buy Ideas,Top Buy Ideas,Top Picks,Stock Picks,Top Stock Picks,Share Tips,Share Market Tips,Stock Tips,Stock Market Tips,KFin Technologies,DLF,Affle 3i,Action Construction Equipment,IIFL Finance,Kaynes Technology India,DCB Bank,ICICI Bank,Swiggy — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-icici-bank-action-construction-equipment-iifl-finance-dcb-bank-swiggy-and-others-on-august-24-14013454.html)
- 2026-08-23 — Economic Times: **Sales bookings of 28 major listed realty firms fall 21% to Rs 40,000 crore in Apr-Jun; Godrej tops chart** — A recent analysis revealed that leading Indian real estate firms experienced a twenty-one percent decline in sales bookings, primarily due to a reduction in housing project launches amid ongoing global economic challenges. Godrej Properties took the lead as the top developer based on sales figures. While numerous companies reported increases, others struggled significantly. Analysts expect a rebound in sales may begin in the second quarter. — [Source](https://economictimes.indiatimes.com/industry/services/property-/-cstruction/sales-bookings-of-28-major-listed-realty-firms-fall-21-to-rs-40000-crore-in-apr-jun-godrej-tops-chart/articleshow/133437603.cms)
- 2026-08-21 — Times of India: **Top stocks to buy today: Stock market recommendations for August 21, 2026 - check list** — img border="0" hspace="10" align="left" style="margin-top:3px;margin-right:5px;" src="https://timesofindia.indiatimes.com/photo/133392017.cms" /Stock market recommendations: DLF, PG Electroplast Ltd, and Sansera Engineering - these are the top stocks to buy identified by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One for August 20, 2026. Let’s take a look: — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-august-21-2026-dlf-pg-electroplast-ltd-sansera-engineerng-stocks-to-buy-today/articleshow/133392017.cms)
- 2026-08-18 — BUSINESSTODAY: **Why Kotak is struggling to find midcap stock ideas** — TCS share price, Eternal share price, DLF share price, midcap stocks, Kotak, market news — [Source](https://www.businesstoday.in/markets/stocks/story/tcs-2-others-removed-from-kotaks-model-portfolio-why-it-struggles-to-find-midcap-stock-ideas-549737-2026-08-18)
- 2026-08-15 — Mint: **Buy or sell: Sumeet Bagadia recommends these three Independence Day stock picks. Should you buy? | Stock Market News** — Buy or sell: Sumeet Bagadia recommends these three Independence Day stock picks — Larsen & Toubro, CG Power, DLF — [Source](https://www.livemint.com/market/stock-market-news/buy-or-sell-sumeet-bagadia-recommends-these-three-independence-day-stock-picks-should-you-buy-11786780566982.html)
- 2026-08-14 — 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. — [Source](https://www.livemint.com/market/stock-market-news/shares-to-buy-or-sell-chandan-taparia-of-motilal-oswal-recommends-three-stocks-to-buy-today-14-august-2026-11786638324666.html)
- 2026-08-13 — Times of India: **Top stocks to buy today: Stock recommendations for August 13, 2026 - check list** — India Business News: Top stock market recommendations: Indian Bank, DLF, and Polycab India - Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Grou. — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-august-13-2026-indian-bank-dlf-polycab-india-best-stocks-to-buy-today/articleshow/133196078.cms)
- 2026-08-11 — MONEYCONTROL: **Trump Tower’s Hyderabad debut to be India brand’s biggest project yet** — Trump Tower Hyderabad, Donald Trump India real estate, Trump Organization India, Tribeca Developers, Kalpesh Mehta, Hyderabad luxury real estate, Hyderabad luxury housing, Trump Towers Hyderabad, Ira Realty, India luxury housing market, luxury apartments Hyderabad, India real estate market, Trump branded properties India, Hyderabad real estate, premium housing India, luxury real estate India, Trump India property, Hyderabad residential project, India wealth boom, Trump real estate business — [Source](https://www.moneycontrol.com/news/business/real-estate/trump-tower-s-hyderabad-debut-to-be-india-brand-s-biggest-project-yet-14002029.html)

## Business profile

**Strategic vision:** Real estate development, management, and investment services in India.

### Business segments
- **Residential:** DLF develops a range of residential properties, including luxury residences, with recent sales in projects like 'DLF Privana South'.
- **Commercial:** This segment focuses on the development and management of office spaces and IT parks, with DLF Cyber City Developers Limited being a key entity.
- **Retail:** DLF is active in developing and managing shopping malls, such as the DLF Mall of India, which has achieved LEED Platinum certification.
- **Hospitality:** The company also has interests in the hospitality sector.

### Competitive strengths
- Extensive operational experience across the real estate lifecycle.
- Presence across 15 states and 24 cities in India.
- Commitment to sustainability initiatives in property development.

## Related stocks

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- [ANANTRAJ (Real Estate)](https://faxioms.com/stocks/anantraj) — +1.52%
- [BRIGADE (Real Estate)](https://faxioms.com/stocks/brigade) — +0.13%
- [GODREJPROP (Real Estate)](https://faxioms.com/stocks/godrejprop) — +0.77%
- [LODHA (Real Estate)](https://faxioms.com/stocks/lodha) — +3.77%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/dlf
Markdown representation: https://faxioms.com/stocks/dlf?render=md