NSEI:DLF

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Executive Summary

DLF Limited, together with its subsidiaries, engages in the business of colonization and real estate development in India. More Details


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has DLF's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DLF is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: DLF's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

12.5%

DLF

2.5%

IN Real Estate

-0.3%

IN Market


1 Year Return

7.0%

DLF

4.8%

IN Real Estate

15.9%

IN Market

Return vs Industry: DLF exceeded the Indian Real Estate industry which returned 4.9% over the past year.

Return vs Market: DLF underperformed the Indian Market which returned 15.9% over the past year.


Shareholder returns

DLFIndustryMarket
7 Day12.5%2.5%-0.3%
30 Day19.3%10.3%4.9%
90 Day71.9%52.3%24.5%
1 Year8.1%7.0%5.7%4.8%18.0%15.9%
3 Year15.7%12.1%-1.0%-3.3%9.7%4.4%
5 Year213.5%195.6%123.1%114.6%82.1%68.4%

Long-Term Price Volatility Vs. Market

How volatile is DLF's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is DLF undervalued compared to its fair value and its price relative to the market?

2.01x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: DLF (₹279.45) is trading above our estimate of fair value (₹176.76)

Significantly Below Fair Value: DLF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DLF is unprofitable, so we can't compare its PE Ratio to the IN Real Estate industry average.

PE vs Market: DLF is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DLF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DLF is overvalued based on its PB Ratio (2x) compared to the IN Real Estate industry average (0.7x).


Next Steps

Future Growth

How is DLF forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

30.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DLF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7%).

Earnings vs Market: DLF is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: DLF's is expected to become profitable in the next 3 years.

Revenue vs Market: DLF's revenue (5.4% per year) is forecast to grow slower than the Indian market (11.7% per year).

High Growth Revenue: DLF's revenue (5.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DLF's Return on Equity is forecast to be low in 3 years time (4.3%).


Next Steps

Past Performance

How has DLF performed over the past 5 years?

9.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DLF is currently unprofitable.

Growing Profit Margin: DLF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DLF is unprofitable, but has reduced losses over the past 5 years at a rate of 9% per year.

Accelerating Growth: Unable to compare DLF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DLF is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-4%).


Return on Equity

High ROE: DLF has a negative Return on Equity (-3.12%), as it is currently unprofitable.


Next Steps

Financial Health

How is DLF's financial position?


Financial Position Analysis

Short Term Liabilities: DLF's short term assets (₹287.9B) exceed its short term liabilities (₹157.3B).

Long Term Liabilities: DLF's short term assets (₹287.9B) exceed its long term liabilities (₹70.3B).


Debt to Equity History and Analysis

Debt Level: DLF's debt to equity ratio (17.7%) is considered satisfactory.

Reducing Debt: DLF's debt to equity ratio has reduced from 70.7% to 17.7% over the past 5 years.

Debt Coverage: DLF's debt is not well covered by operating cash flow (5.3%).

Interest Coverage: DLF is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is DLF current dividend yield, its reliability and sustainability?

0.57%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DLF's dividend (0.57%) is higher than the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: DLF's dividend (0.57%) is low compared to the top 25% of dividend payers in the Indian market (1.81%).


Stability and Growth of Payments

Stable Dividend: DLF's dividend payments have been volatile in the past 10 years.

Growing Dividend: DLF's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: DLF is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: DLF's dividends in 3 years are forecast to be well covered by earnings (35.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average management tenure


CEO

Rajeev Talwar (66 yo)

5.42yrs

Tenure

₹46,858,000

Compensation

Mr. Rajeev Talwar has serves as Co-Chief Executive Officer of DLF Limited since August 28, 2015 and is its Whole-time Director since February 14, 2014. He was Additional Director General at Indian Tourism ...


CEO Compensation Analysis

Compensation vs Market: Rajeev's total compensation ($USD640.58K) is about average for companies of similar size in the Indian market ($USD820.13K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Rajiv Singh
Chairman of the Board0.58yr₹30.64m0.010%
₹ 71.7m
Rajeev Talwar
CEO & Whole-Time Director5.42yrs₹46.86m0.017%
₹ 120.8m
Vivek Anand
Group Chief Financial Officer1.17yrs₹11.76mno data
Devinder Singh
Whole-time Director3.08yrs₹47.30m0.0039%
₹ 26.8m
Vipen Jindal
Senior Vice President of Finance14.5yrs₹18.03mno data
Ashok Tyagi
Whole-time Director3.08yrs₹45.97m0.011%
₹ 73.1m
Anil Gupta
Executive Director of Technicalno datano datano data
Rajiv Goel
Senior Vice President of Investor Relationsno datano datano data
Rajbeer Sachdeva
Group General Counselno datano datano data
Ram Punjani
Company Secretary & Compliance Officer0.25yrno datano data
Valsala Panicker
Senior Executive Director of Marketingno datano datano data
Munish Suri
Head of National Salesno datano datano data

1.2yrs

Average Tenure

57.5yo

Average Age

Experienced Management: DLF's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Rajiv Singh
Chairman of the Board0.58yr₹30.64m0.010%
₹ 71.7m
Rajeev Talwar
CEO & Whole-Time Director5.42yrs₹46.86m0.017%
₹ 120.8m
Devinder Singh
Whole-time Director3.08yrs₹47.30m0.0039%
₹ 26.8m
Ashok Tyagi
Whole-time Director3.08yrs₹45.97m0.011%
₹ 73.1m
Kajal Ilmi
Chief Executive of DT Cinemas and Director of DT Cinemasno datano datano data
Ravi Kachru
Chairman & MD of DLF Projects Limited12.75yrsno datano data
Gurvirendra Talwar
Non-Executive Non-Independent Director14.75yrs₹3.75m0.0041%
₹ 28.1m
Dharam Kapur
Non-Executive Independent Director14.75yrs₹4.85m0.00040%
₹ 2.8m
Kashi Memani
Lead Independent Directorno data₹4.15mno data
Kushal Singh
Chairman Emeritus0.58yr₹131.02m0.59%
₹ 4.1b
Ved Jain
Non-Executive Independent Director6.92yrs₹5.35mno data
Aditya Singh
Non-Executive Independent Director6.42yrs₹4.35mno data

6.7yrs

Average Tenure

69.5yo

Average Age

Experienced Board: DLF's board of directors are considered experienced (6.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DLF insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

DLF Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: DLF Limited
  • Ticker: DLF
  • Exchange: NSEI
  • Founded: 1946
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: ₹691.726b
  • Shares outstanding: 2.48b
  • Website: https://www.dlf.in

Number of Employees


Location

  • DLF Limited
  • DLF Gateway Tower
  • R Block
  • Gurugram
  • Haryana
  • 122002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DLFNSEI (National Stock Exchange of India)YesEquity SharesININRJul 2007
532868BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2007

Biography

DLF Limited, together with its subsidiaries, engages in the business of colonization and real estate development in India. Its activities include identification and acquisition of land; and planning, execu...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 12:04
End of Day Share Price2021/01/15 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.