Fundamentals scanner
Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.
DLF Limited
Real EstateNeutral- Market cap
- ₹1,64,608 Cr
- P/E
- 37.0x
- ROE
- 10.1%
- Debt / equity
- 0.01
What the company does
DLF Limited, together with its subsidiaries, engages in the business of colonization and real estate development in India. The company is involved in the real estate development activities, including identification and acquisition of land, planning, execution, construction, and marketing of projects. The company also develops and sells residential housing projects, including under-construction projects. In addition, it operates and maintains commercial office spaces, as well as retail properties, such as malls, shopping complexes, recreational spaces, and hotels and clubs. In addition, the company engages in leasing, power generation, provision of maintenance services, and hospitality and recreational activities. Further, it owns and operates hotels under the The Lodhi and Hilton Garden Inn. The company was founded in 1946 and is based in Gurugram, India. DLF Limited operates as a subsidiary of Rajdhani Investments and Agencies Private Limited.
Valuation — what you are paying
How the price compares to earnings, assets and cash generation.
- P/E (trailing)37.0xFair
You are paying 37.0 years of current profit for each share. The earnings yield is 2.7%.
- P/B (price to book)3.6xFair
The market values the company at 3.6× its accounting net worth. High is normal for asset-light businesses and unusual for banks.
- EV / EBITDA127.2xWeak
This is the only common multiple that accounts for debt — it is what an actual acquirer would look at, because they would inherit the borrowings.
- Dividend yield1.20%Fair
Pays 1.20% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.
Profitability — is this a good business?
Returns on capital and margins, the numerical shadow of a moat.
- Return on equity10.1%Fair
Earns ₹10.1 of profit a year for every ₹100 of shareholders' money. Always check how much of this comes from leverage rather than the business.
- Return on assets—No data
Not available.
- Operating margin9.0%Fair
Keeps ₹9.0 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.
- Net margin65.8%Strong
Sustained high net margins are evidence that something is stopping competitors from competing the profits away.
Financial strength — can it survive a bad year?
Leverage and liquidity. This is where fragility shows up first.
- Debt to equity0.01Strong
A conservative balance sheet that can absorb a downturn without a crisis.
- Current ratio—No data
Not available.
- Total debt₹305.89 CrNo data
Against cash of ₹9586.05 Cr. Net debt is what matters, not gross borrowings.
- Free cash flow—No data
Not available.
Growth — is it getting bigger?
Revenue and earnings momentum, and how the two compare.
- Revenue growth (yoy)-52.9%Weak
Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.
- Earnings growth (yoy)+4.2%Fair
Profits are growing faster than sales — margins are expanding, which is the sign of genuine operating leverage.
- Revenue (TTM)₹6757.66 CrNo data
EBITDA of ₹1221.45 Cr and operating cash flow of —.
- PEG ratio0.14Strong
P/E divided by expected growth. Only as reliable as that growth forecast, which is usually optimistic.
Financial statements
Reported figures, most recent year first. All values in rupees.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | ₹8194.02 Cr | ₹7993.66 Cr | ₹6427.00 Cr | ₹5694.83 Cr |
| Cost of revenue | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Gross profit | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Operating expenses | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Operating income | — | — | — | — |
| Interest expense | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Net profit | ₹4414.68 Cr | ₹4367.62 Cr | ₹2723.53 Cr | ₹2033.95 Cr |