DLF Limited

NSEI-DLF

Basic

Market Cap
₹2,009.21B
EV
₹1,991.53B
Shares Out
2,475.31M
Revenue
₹66.35B
Employees
2,507

Margins

Gross
58.3%
EBITDA
33.29%
Operating
31.3%
Pre-Tax
50.93%
Net
42.89%
FCF
37.7%

Returns (5Yr Avg)

ROA
2.79%
ROTA
4.25%
ROE
4.13%
ROCE
3.6%
ROIC
2.17%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
₹894.11
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
₹66.03B
Net Debt
-₹17.69B
Debt/Equity
0.12
EBIT/Interest
5.99

Growth (CAGR)

Rev 3Yr
3.38%
Rev 5Yr
-4.12%
Rev 10Yr
-1.49%
Dil EPS 3Yr
23.92%
Dil EPS 5Yr
10.61%
Dil EPS 10Yr
13.21%
Rev Fwd 2Yr
20.73%
EBITDA Fwd 2Yr
29%
EPS Fwd 2Yr
23.79%
EPS LT Growth Est
32%

Dividends

Yield
—
Payout
45.38%
DPS
₹5
DPS Growth 3Yr
35.72%
DPS Growth 5Yr
20.11%
DPS Growth 10Yr
9.6%
DPS Growth Fwd 2Yr
7.25%

Metric	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24	LTM
Other Revenues, Total	—	—	—	—	—	—	—	—	—	—	2,689.9
Total Revenues						60,827.7	54,140.6	57,173.9	56,948.3	64,270	66,351.1
Total Revenues % Chg.						-27.3%	-11%	5.6%	-0.4%	12.9%	16.9%
Cost of Goods Sold, Total						33,804.2	28,492.3	27,449.6	24,339.6	27,937.6	27,671.6
Gross Profit						27,023.5	25,648.3	29,724.3	32,608.7	36,332.4	38,679.5
Selling General & Admin Expenses, Total						4,607.4	3,585	3,736.5	5,638.4	5,698.5	5,611.5
Depreciation & Amortization						2,003	1,594.8	1,494.4	1,486.3	1,479.5	1,488.7
Other Operating Expenses						10,640.7	7,369.8	8,542.3	9,709.9	9,394.1	10,813.8
Other Operating Expenses, Total						17,251.1	12,549.6	13,773.2	16,834.7	16,572.1	17,914
Operating Income						9,772.4	13,098.7	15,951	15,774	19,760.3	20,765.5
Interest Expense, Total						-13,216.3	-7,650.8	-5,758.3	-3,642.6	-3,304.4	-3,467.8
Interest And Investment Income						5,224.1	2,979.9	2,184.2	2,016.9	4,070.2	4,070.2
Net Interest Expenses						-7,992.2	-4,670.8	-3,574.1	-1,625.7	765.8	602.4
Income (Loss) On Equity Invest.						8,895.2	6,053	6,567	9,330.3	10,931.3	11,444.3
Currency Exchange Gains (Loss)						-196.8	-0.2	-2.3	-1.6	-0	-0
Other Non Operating Income (Expenses)						761.6	446	934.3	305.7	146.9	146.9
EBT, Excl. Unusual Items						11,240.2	14,926.7	19,875.9	23,782.8	31,604.3	32,959.1
Restructuring Charges	—	—	—		—	—	—	—	—	—	—
Impairment of Goodwill	—		—	—	—	—	—	—	—	—	—
Gain (Loss) On Sale Of Investments						-82.2	-443.6	110.8	121.1	548.9	548.9
Gain (Loss) On Sale Of Assets						-18.3	188.1	-0.3	5.8	33.6	33.6
Asset Writedown					—	-2,172.6	—	—	—	—	—
Other Unusual Items						6,462.7	-222.5	-1,773.5	444.8	249.9	249.9
EBT, Incl. Unusual Items						15,429.8	14,448.7	18,212.9	24,354.5	32,436.7	33,791.5
Income Tax Expense						21,326.7	3,622.8	3,209.7	4,015	5,201.3	5,370.5
Earnings From Continuing Operations						-5,896.9	10,825.9	15,003.2	20,339.5	27,235.4	28,421
Extraordinary Item & Accounting Change		—	—	—	—	—	—	—	—	—	—
Minority Interest						64.9	110.1	5.4	18.8	35.6	36.1
Net Income						-5,832	10,936	15,008.5	20,358.3	27,271.1	28,457.2
Net Income to Common Incl Extra Items						-5,832	10,936	15,008.5	20,358.3	27,271.1	28,457.2
Net Income to Common Excl. Extra Items						-5,832	10,936	15,008.5	20,358.3	27,271.1	28,457.2
Total Shares Outstanding						2,475.3	2,475.3	2,475.3	2,475.3	2,475.3	2,473.6
Weighted Avg. Shares Outstanding						2,424	2,475.3	2,475.3	2,475.3	2,475.3	2,475.2
Weighted Avg. Shares Outstanding Dil						2,424	2,475.3	2,475.3	2,475.3	2,475.3	2,475.2
EPS						-2.4	4.4	6.1	8.2	11	11.5
EPS Diluted						-2.4	4.4	6.1	8.2	11	11.5
EBITDA						11,564.4	14,509.7	17,266.7	17,089.8	21,082.9	22,089.8
Effective Tax Rate						138.2%	25.1%	17.6%	16.5%	16%	15.9%