DLF Management

Management criteria checks 3/4

DLF's CEO is Devinder Singh, appointed in Mar 2021, has a tenure of 3.17 years. total yearly compensation is ₹107.40M, comprised of 24.1% salary and 75.9% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth ₹84.13M. The average tenure of the management team and the board of directors is 3.8 years and 9.4 years respectively.

Key information

Devinder Singh

Chief executive officer

₹107.4m

Total compensation

CEO salary percentage	24.1%
CEO tenure	3.2yrs
CEO ownership	0.004%
Management average tenure	3.8yrs
Board average tenure	9.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Devinder Singh's remuneration changed compared to DLF's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹24b
Sep 30 2023	n/a	n/a	₹22b
Jun 30 2023	n/a	n/a	₹21b
Mar 31 2023	₹107m	₹26m	₹20b
Dec 31 2022	n/a	n/a	₹19b
Sep 30 2022	n/a	n/a	₹17b
Jun 30 2022	n/a	n/a	₹16b
Mar 31 2022	₹91m	₹18m	₹15b
Dec 31 2021	n/a	n/a	₹16b
Sep 30 2021	n/a	n/a	₹16b
Jun 30 2021	n/a	n/a	₹15b
Mar 31 2021	₹48m	₹18m	₹11b
Dec 31 2020	n/a	n/a	-₹12b
Sep 30 2020	n/a	n/a	-₹13b
Jun 30 2020	n/a	n/a	-₹11b
Mar 31 2020	₹47m	₹20m	-₹6b
Dec 31 2019	n/a	n/a	₹17b
Sep 30 2019	n/a	n/a	₹16b
Jun 30 2019	n/a	n/a	₹16b
Mar 31 2019	₹87m	₹14m	₹13b
Dec 31 2018	n/a	n/a	₹11b
Sep 30 2018	n/a	n/a	₹49b
Jun 30 2018	n/a	n/a	₹45b
Mar 31 2018	₹31m	₹5m	₹45b

Compensation vs Market: Devinder's total compensation ($USD1.29M) is above average for companies of similar size in the Indian market ($USD937.36K).

Compensation vs Earnings: Devinder's compensation has been consistent with company performance over the past year.

CEO

Devinder Singh (60 yo)

3.2yrs

Tenure

₹107,401,000

Compensation

Mr. Devinder Singh serves as Managing Director and Director of DLF Home Developers Limited. He has been Whole-time Director at DLF Limited since December 01, 2017 and serves as its Chief Executive Officer...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rajiv Singh	Chairman of the Board	35.5yrs	₹197.73m	0.023% ₹ 500.8m
Devinder Singh	CEO & Whole Time Director	3.2yrs	₹107.40m	0.0039% ₹ 84.1m
Ashok Tyagi	CEO & Whole Time Director	3.2yrs	₹106.41m	0.011% ₹ 229.8m
Prabhakaran Ramakrishnan	Group Executive Director & Chief Technical Officer	no data	₹42.47m	no data
Poonam Madan	Executive Director - Corporate Legal	no data	₹19.66m	no data
Ram Punjani	Company Secretary & Compliance Officer	3.6yrs	₹7.90m	no data
Deepak Renganathan	Chief Marketing Officer & Senior VP	2.3yrs	₹19.81m	no data
Nalin Garg	Senior Executive Director of HR	5.2yrs	₹40.45m	no data
Alok Kumar	Executive Vice President of Design	8.1yrs	₹18.53m	no data
Devendra Yadav	Executive Vice President (CRM)	no data	₹19.40m	no data
Neelu Goel	Executive Vice President of Planning	6.6yrs	₹18.32m	no data
Deshbandhu Gupta	Executive Vice President of Land & Revenue	no data	₹12.94m	no data

3.8yrs

Average Tenure

56.5yo

Average Age

Experienced Management: 532868's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rajiv Singh	Chairman of the Board	35.5yrs	₹197.73m	0.023% ₹ 500.8m
Devinder Singh	CEO & Whole Time Director	6.4yrs	₹107.40m	0.0039% ₹ 84.1m
Ashok Tyagi	CEO & Whole Time Director	6.4yrs	₹106.41m	0.011% ₹ 229.8m
Savitri Devi Singh	Non-Executive & Non-Independent Director	2.9yrs	₹4.30m	no data
Ravi Kachru	Chairman & MD of DLF Projects Limited	16.1yrs	no data	no data
Pramod Bhasin	Non-Executive Independent Director	10.8yrs	₹4.60m	no data
Pia Singh	Non-Executive & Non Independent Director	21.3yrs	₹4.30m	0.87% ₹ 18.8b
Kushal Singh	Chairman Emeritus	3.9yrs	₹691.00k	no data
Amarjit Minocha	Non-Executive Independent Director	9yrs	₹5.30m	no data
Ved Jain	Lead Independent Director	10.3yrs	₹5.30m	no data
Aditya Singh	Non-Executive Independent Director	9.8yrs	₹4.50m	no data
Vivek Mehra	Non-Executive Independent Director	6.3yrs	₹4.80m	0.00033% ₹ 7.2m

9.4yrs

Average Tenure

68yo

Average Age

Experienced Board: 532868's board of directors are considered experienced (9.4 years average tenure).

DLF Management

Management criteria checks 3/4

Key information

Recent management updates

DLF Limited Announces Demise of Gurvirendra Singh Talwar, Non-Executive Director

DLF Limited Announces CFO Changes

Insider recently sold ₹13m worth of stock

Chairman Emeritus recently sold ₹7.3b worth of stock

DLF Limited, Annual General Meeting, Aug 04, 2023

DLF Limited Announces Demise of Rajiv Krishan Luthra, Non-Executive Independent Director

Recent updates

Price target increased by 16% to ₹797

DLF Limited Announces Demise of Gurvirendra Singh Talwar, Non-Executive Director

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

DLF Limited to Report Q3, 2024 Results on Jan 24, 2024

Price target increased by 9.9% to ₹686

DLF Limited Announces CFO Changes

DLF Limited (NSEI:DLF) entered into definitive agreement to acquire 5.22% stake in Invecon Private Limited.

Price target increased by 8.8% to ₹589

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

DLF Limited to Report Q2, 2024 Results on Oct 30, 2023

Insider recently sold ₹13m worth of stock

Chairman Emeritus recently sold ₹7.3b worth of stock

Upcoming dividend of ₹4.00 per share at 0.8% yield

Full year 2023 earnings: EPS and revenues miss analyst expectations

DLF Limited to Report Q1, 2024 Results on Jul 21, 2023

DLF Limited, Annual General Meeting, Aug 04, 2023

Price target increased by 9.3% to ₹482

DLF Limited Recommends Dividend for the Fiscal Year 2022-23

Full year 2023 earnings: EPS and revenues miss analyst expectations

DLF Limited Announces Demise of Rajiv Krishan Luthra, Non-Executive Independent Director

DLF Limited to Report Q4, 2023 Results on May 12, 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

DLF Limited to Report Q3, 2023 Results on Jan 25, 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

DLF Limited to Report Q2, 2023 Results on Oct 21, 2022

DLF Reportedly Mulls Auction Bid for Delhi Mall with Base Price of $366 Million

Upcoming dividend of ₹3.00 per share

DLF Limited to Report Q1, 2023 Results on Jul 29, 2022

DLF Limited Recommends Dividend for the Fiscal Year 2021-2022, Payable on or Before September 8, 2022

Full year 2022 earnings: EPS and revenues miss analyst expectations

DLF Limited Recommends Dividend for the Fiscal Year 2021-2022, Payable on or Before September 8, 2022

DLF Limited, Annual General Meeting, Aug 10, 2022

DLF Limited Announces Recommends Dividend for the Fiscal Year 2021-22

Full year 2022 earnings: EPS and revenues miss analyst expectations

DLF Limited Announces Recommends Dividend for the Fiscal Year 2021-22

DLF Limited to Report Q4, 2022 Results on May 17, 2022

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target increased to ₹406

Second quarter 2022 earnings released: EPS ₹1.53 (vs ₹0.94 in 2Q 2021)

Insider recently sold ₹11m worth of stock

Investor sentiment improved over the past week

Upcoming dividend of ₹2.00 per share

Insider recently sold ₹1.5m worth of stock

Price target increased to ₹337

First quarter 2022 earnings released: EPS ₹1.36 (vs ₹0.29 loss in 1Q 2021)

Insider recently sold ₹3.9m worth of stock

Price target increased to ₹316

Price target increased to ₹309

Full year 2021 earnings released: EPS ₹4.42 (vs ₹2.41 loss in FY 2020)

CEO & Whole-time Director Rajeev Talwar has left the company

Non-Executive Independent Director has left the company

Lead Independent Director has left the company

New 90-day high: ₹326

New 90-day high: ₹305

Price target raised to ₹249

DLF Ltd. Announces Retirement of Rajeev Talwar from the Position of Director

Third quarter 2021 earnings released: EPS ₹1.82 (vs ₹1.67 in 3Q 2020)

Revenue and earnings miss expectations

Price target raised to ₹234

DLF Limited to Report Q3, 2021 Results on Jan 29, 2021

Price target raised to ₹228

New 90-day high: ₹289

New 90-day high: ₹236

Insider recently sold ₹450k worth of stock

Insider recently sold ₹958k worth of stock

New 90-day high: ₹212

New 90-day high: ₹181

DLF Limited to Report Q1, 2021 Results on Aug 05, 2020

New 90-day high - ₹176