realty

DLF Limited

DLF · Nifty 50

623.55

Price 2026-06-17

BROAD EXPANSION73% confidence

At a Glance

Sector Positionrealty sector. Flow: neutral. is not among current leaders. Regime: BROAD EXPANSION (73%).
Fundamental Score85/100 (STRONG). 4 positive flags, 4 concerns.
Historical Context171 similar technical setups. Average outcome: -11.5% decline. 0% positive.

Fundamental

85/100

STRONG

Trust

95/100

Verification

Coverage

44/100

LIMITED

Quick Take

DLF Limited scores 85/100 on fundamentals (strong). DLF Limited: BROAD EXPANSION regime.

Fundamental Score: 85/100 · STRONG · 0 signals detected

DuPont Analysis

ROE 9.9% broken into three drivers. Each shows how efficiently the company generates returns.

ROE9.9%=
46.7%Net Margin
×
0.1xTurnover
×
1.6xLeverage

ROE of 9.94% is modest margin-driven and stable. Net margin of 46.7% × asset turnover of 0.13x × leverage of 1.6x.

What This Means

Net margin of 46.7% means the company keeps ₹46.7 as profit for every ₹100 of revenue. This is a healthy margin. Asset turnover of 0.13x means the company generates ₹0.13 of revenue for every ₹1 of assets. This is a capital-heavy business. Leverage of 1.6x means the company uses moderate debt. Returns are primarily driven by operations, not borrowing.

Margin Structure

Gross

42.5%

Operating

32.9%

Net

46.7%

improving

Gross margin 42.5% → operating margin 32.9% → net margin 46.7%. Margins are IMPROVING. Strong pricing power with stable gross margins suggests the improvement is from operating leverage — sustainable.

Financial Health

Earnings Quality

ADEQUATE

Cash flow covers net income 1.4x — earnings are ADEQUATE quality. Cash conversion is reasonable.

Debt Sustainability

COMFORTABLE

Interest covered 13.0x — very comfortable. Debt service is not a concern. Debt/EBITDA at 0.1x is low — balance sheet has capacity.

Free Cash Flow

STRONG

FCF margin at 64.2% — strong cash generation. Business is self-funding.

Peer Comparison

DLF Limited is compared against 9 peers in the realty sector.

Key Watchpoints

🟢

Breaks above ₹655 (+5%)

Trend reversal confirmation

🔴

Breaks below ₹592 (-5%)

Further downside risk

🟢

Realty sector entering leadership

Sector rotation signal

Risk Flags

🔴 1 Critical⚠️ 3 Warning4 Positive8 total flags
🔴Cash covers only 9% of current liabilities
Balance Sheet

Liquidity squeeze. Company may struggle to meet short-term obligations without refinancing.

⚠️Non-core revenue is 15% of total
Earnings Quality

Significant income from non-operating sources. Core business may be smaller than it appears.

⚠️Working capital changes are 86% of operating cash flow
Cash Flow

Working capital is providing significant cash. Stretching payables — temporary boost.

⚠️Price/Sales: 19.4x — expensive on revenue basis
Valuation

High revenue multiple. Market pricing in significant growth or margins expansion.

Minimal unusual items — clean earnings
Earnings Quality

Profits are from core operations, not one-offs. High quality.

High promoter holding: 74%
Governance

Strong insider alignment. Promoters have significant skin in the game.

PEG ratio: 0.1x — attractive growth-adjusted valuation
Valuation

Growth available at reasonable price. Favourable risk-reward.

Strong analyst consensus: strong_buy (23 analysts)
Valuation

Mean recommendation: 1.2/5 (1=Strong Buy, 5=Strong Sell). Institutional confidence is high.

⚠️ 1 critical + 3 warning flags. Exercise caution.

Data Quality

95/100All ratios self-computed from verified sources. 🟢 5 years of financial data — sufficient for trend analysis

News Correlation

margin pressure (4)management outlook (4)
⚠️ Our margin analysis (improving) contradicts news reports of margin pressure — investigate

50 articles scanned for fundamental themes

Facts

P/E Ratio
32.9UNAVAILABLE
P/B Ratio
3.2HIGH
Market Cap
₹14531316.9L CrHIGH
From 52W High
71% of high
Sector Peers
9
DLF Limited Stock Analysis, Valuation, Fundamentals & Intelligence | FynSight