DLF Ltd

₹ 371 -0.35%
Jan 25 9:38 a.m.
About

DLF Limited was Founded in 1946 by Chaudhary Raghvendra Singh. It is engaged primarily in real estate development. The operations of the company span all aspects of real estate development, from the identification and acquisition of land, to planning, execution, construction and marketing of projects. The Company is also engaged in the business of leasing, maintenance services and recreational activities which are related to the overall development of real estate business. The registered office is situated in Haryana.[1] [2]

  • Market Cap 91,760 Cr.
  • Current Price 371
  • High / Low 450 / 232
  • Stock P/E 58.6
  • Book Value 113
  • Dividend Yield 0.55 %
  • ROCE 6.01 %
  • ROE 4.01 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 44.03%

Cons

  • Stock is trading at 3.28 times its book value
  • The company has delivered a poor sales growth of 1.46% over past five years.
  • Company has a low return on equity of 4.42% for last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Realty Industry: Construction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
924 943 505 529 451 885 270 1,069 1,239 1,315 870 962
546 635 404 428 394 666 258 633 719 734 455 529
Operating Profit 378 308 101 101 57 219 12 436 520 580 416 433
OPM % 41% 33% 20% 19% 13% 25% 5% 41% 42% 44% 48% 45%
Other Income 120 92 890 2,012 754 17 116 218 64 93 79 374
Interest 178 194 169 126 144 152 160 152 124 120 116 121
Depreciation 31 32 21 20 22 33 21 21 20 21 19 19
Profit before tax 290 174 802 1,967 646 51 -53 482 439 532 360 667
Tax % 30% -46% 2% 1% 7% 2,193% 25% 17% 30% 23% 25% 13%
Net Profit 204 253 783 1,957 602 -1,077 -40 398 306 412 270 579
EPS in Rs 1.14 1.15 3.16 7.91 2.43 -4.35 -0.16 1.61 1.24 1.66 1.09 2.34

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
2,419 2,916 3,491 2,150 2,386 3,017 3,622 3,703 3,056 3,295 2,370 3,893 4,386
1,314 1,187 1,380 881 1,151 1,381 2,112 2,147 1,982 2,067 1,922 2,345 2,437
Operating Profit 1,105 1,729 2,111 1,269 1,235 1,636 1,509 1,556 1,074 1,228 448 1,549 1,949
OPM % 46% 59% 60% 59% 52% 54% 42% 42% 35% 37% 19% 40% 44%
Other Income 805 1,244 1,090 1,273 1,037 1,041 1,700 659 627 403 3,705 491 610
Interest 847 1,287 1,554 1,710 1,667 1,403 1,385 1,236 1,023 740 590 556 481
Depreciation 126 130 140 142 78 56 75 99 132 125 96 83 79
Profit before tax 937 1,556 1,507 690 527 1,218 1,750 880 545 766 3,466 1,400 1,998
Tax % 18% 18% 31% 27% 0% 23% 14% 32% 33% 10% 35% 23%
Net Profit 765 1,270 1,042 502 527 940 1,497 597 365 688 2,264 1,076 1,567
EPS in Rs 4.51 7.48 6.13 2.95 2.96 5.28 8.39 3.34 2.05 3.12 9.15 4.35 6.33
Dividend Payout % 44% 27% 33% 68% 68% 38% 24% 60% 98% 64% 22% 46%
Compounded Sales Growth
10 Years: 3%
5 Years: 1%
3 Years: 8%
TTM: 64%
Compounded Profit Growth
10 Years: -1%
5 Years: 0%
3 Years: 37%
TTM: 160%
Stock Price CAGR
10 Years: 6%
5 Years: 22%
3 Years: 33%
1 Year: 38%
Return on Equity
10 Years: 5%
5 Years: 4%
3 Years: 4%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sep 2021
339 340 340 340 356 356 357 357 357 441 495 495 495
Reserves 12,491 13,471 14,157 14,274 16,287 16,873 13,761 14,347 22,328 21,888 26,310 27,189 27,543
Borrowings 12,638 18,281 15,955 15,737 13,900 12,058 9,381 9,083 5,707 4,332 6,123 5,192 4,629
3,462 2,673 5,616 6,625 7,055 6,697 6,086 4,894 4,555 10,493 9,236 7,198 6,200
Total Liabilities 28,929 34,765 36,068 36,976 37,598 35,985 29,585 28,680 32,947 37,155 42,163 40,074 38,867
1,729 1,743 1,969 2,027 1,604 1,605 603 4,159 3,942 1,712 1,663 1,525 1,605
CWIP 1,719 2,184 2,197 2,543 1,805 2,491 28 28 15 19 -0 1 -0
Investments 6,559 7,037 7,047 6,877 7,461 7,476 7,391 7,335 10,201 9,628 14,758 22,456 22,293
18,923 23,801 24,855 25,530 26,728 24,413 21,563 17,157 18,790 25,797 25,743 16,092 14,968
Total Assets 28,929 34,765 36,068 36,976 37,598 35,985 29,585 28,680 32,947 37,155 42,163 40,074 38,867

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
392 1,497 419 -74 1,082 -36 849 -696 31 655 20 914
-2,416 -1,917 1,159 2,757 1,418 4,489 3,901 2,103 -3,939 1,192 -4,849 -72
1,435 419 -1,354 -2,723 -2,355 -4,002 -4,720 -1,536 3,992 803 2,617 -1,572
Net Cash Flow -590 -0 223 -40 145 451 30 -130 83 2,651 -2,212 -730

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 92 25 54 68 31 26 153 59 48 19 22 9
Inventory Days
Days Payable
Cash Conversion Cycle 92 25 54 68 31 26 153 59 48 19 22 9
Working Capital Days 2,316 2,056 1,566 2,876 2,571 1,745 809 872 1,399 876 1,750 513
ROCE % 8% 10% 9% 8% 8% 9% 10% 9% 6% 6% 10% 6%

Shareholding Pattern

Numbers in percentages

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
71.91 74.95 74.95 74.95 74.95 74.95 74.95 74.95 74.95 74.95 74.95 74.95
21.27 16.93 16.61 18.40 18.33 18.54 18.33 18.28 17.39 16.99 17.00 16.46
1.16 2.20 2.83 1.68 1.76 1.76 1.67 1.80 2.21 2.56 3.00 3.42
5.66 5.92 5.61 4.97 4.96 4.75 5.06 4.97 5.45 5.50 5.05 5.17

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