Dlf Share Price

Company Overview

Company Journey

• 2017
  • DLF receive an environmental approval from the Union Environment Ministry for a ₹240 crore commercial project in Goa.
  • DLF become a LEED-certified green retail space provider.
• 2019
  • The DLF and a Singapore sovereign fund, GIC joint venture, plan to construct the country's largest retail mall, to be named DownTown (covering approximately 2.5 million square feet).
  • DLF Mall of India is the first mall in the world to receive a 'LEED Platinum' certification from the United States Green Building Council (USGBC) in the Existing Building Operation and Maintenance (EBOM) category.
• 2020
  • DLF's rental arm, DCCDL (DLF Cyber City Developers Limited), agree to buy out Hines's 52% stake in a high-price commercial plan in Gurugram for ₹780 crore.
  • DLF invested approximately ₹30 crore in installing new air filtration technology in its office buildings to provide a safe environment for employees of corporate tenants following the COVID-19 pandemic.
  • The government approves DLF's proposal to establish special economic zones (SEZs) for the information technology sector in the states of Haryana and Uttar Pradesh.
• 2021
  • DLF completes its acquisition of 51.8% of Fairleaf.
  • DLF Limited is selected For the second time In The Dow Jones Sustainability Indices.
  
  

  Business Highlights

  
  DLF has over 150 subsidiaries, including asset management, life insurance, and township development. DLF Limited has increased its medium-term sales revenue potential by 17% to ₹47,000 crore, from 3.5 crore square metres of planned new launches of residential and commercial projects.
  
  DCCDL, which is one of the major subsidiaries of DLF, reported a 14% increase in office rental income for Q2FY23, at ₹801 crore, compared to ₹701 crore the previous year, 2022.
  
  Total rental income increased by 20% to ₹986 crore during the July-September duration of the fiscal year 2022-23, up from ₹821 crore the previous year, 2022. Retail revenue grew by 54% from ₹120 crore to ₹184 crore.
  
  

  Performance highlights

  
  
  • DLF confirmed a 3-year (2019-2022) CAGR (Compounded Annual Growth Rate) profit of 9.86% but a 3-year CAGR sales of -11.92%.
  • The company's revenue was ₹6,138 crore in 2022, up 3% from 2021.
  • EBITDA (earnings before interest, taxes, depreciation and amortisation) was ₹2,163 crore in 2022, representing an 11% increase from a year ago.
  • EBITDA margins increased by 200 basis points due to improved product offerings and were reported at 33.91%.
  • DLF's measured return on equity (ROE) is 2.78% per annum in 2022
  • The return on capital employed (ROCE) for the previous year, 2021, is marginally higher at 4.70%.
  • DLF is a Large Cap stock that is a part of multiple indices including Nifty 100, Nifty 200, Nifty 500, Nifty High Beta 50, Nifty Infrastructure, Nifty India Consumption, Nifty LargeMidcap 250, Nifty Realty, Nifty Next 50, Nifty Total Market and Nifty100 Equal Weight, among others.
  • DLF's promoter holdings are stagnant at 75%, 14.9% are owned by foreign institutions, 3.3% mutual fund holdings which have increased by 0.3%
  • Public holdings account to 5.36%, and others hold 1.5% of the shares.
  • Top mutual fund houses that hold DLF include:
    • ABSL Arbitrage Fund
    • Axis Arbitrage Fund-DP
    • Axis Bluechip Fund
    • DSP Arbitrage Fund - Direct
    • HDFC Arbitrage Fund - Direct
    • ICICI Prudential Nifty 100 ETF
    • Kotal Balanced Advantage - Dir.
    • L&T Arbitrage Oppor. - Direct
  
  

  Management

  
  The company's executive management includes:
  
  • Dr. K P Singh (Chairman)
  • Mr. Sanjay Goenka (Senior Executive Director Of Finance and Taxation)
  • Mr. Vivek Anand (Chief Financial Officer)
  • Mr. Ashok Kumar Tyagi (Whole Time Director and Chief Executive Officer)
  • Mr. Pramod Bhasin (Independent Director)
  • Mr. P. Ramakrishnan (Group Executive Director and Chief Technical Officer)
  • Mr. Vivek Mehra (Independent Director)
  • Mr. R P Punjani (Coompany Secretary andCompliance Officer)
  
  

  Industry Overview

  
  DLF faces competition from key players in the market, such as Macrotech Developers, Godrej Properties, Oberoi Realty, Phoenix Mills, and Prestige Estate, among others. The key competitors' respective market capitalisations are given below:
  
  • Macrotech Developers - ₹ 46,029 crore
  • Godrej Properties - ₹ 35,943 crore
  • Oberoi Realty - ₹ 32,230 crore
  • Phoenix Mills - ₹ 27,118 crore
  • Prestige Estate - ₹ 18,905 crore
  
  

  Investor Relation Contact

  
  SHOPPING MALL
  3RD FLOOR, ARJUN MARG PHASE-I DLF CITY,
  GURGAON, HARYANA-122002
  
  PH: 91-0124-4334200
  E-MAIL: Investor-Relations@Dlf.In
  
  

  Risks and concerns

  
  The company is vulnerable to various risks, including economic, taxation, regulatory, and environmental risks, as well as the perspective for sectoral investment.
  
  Some other risks that may arise in the ordinary course of business and impact the company's ability to address future developments include:
  • Credit risk
  • Counterparty risk
  • Liquidity risk
  • Regulatory risk
  • Market risk
  • Commodity inflation risk
  DLF Limited has developed robust risk management policies that outline risk tolerance and general risk management for your company. DLF Limited constantly assesses its performance across various risk categories.
  
  

  Registrar

  
  Name of Registrar
  KARVY COMPUTERSHARE PRIVATE LIMITED
  
  Address
  Unit DLF Public IssuePlot No. 17 to 24, Vittalrao NagarMadhapur, Hyderabad 500 081.
  
  Contact Person
  Mr. Murali Krishna
  
  Phone Number
  91 40 2343 1553
  
  Fax Number
  91 40 2343 1551
  
  Email Address
  dlf_ipo@karvy.com