DLF Ltd
NSE:DLF

Watchlist Manager
DLF Ltd Logo
DLF Ltd
NSE:DLF
Watchlist
Price: 614.75 INR -3.61% Market Closed
Market Cap: 1.5T INR
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+54%
5Y
+74%
10Y
+8%
Operating Income
+
3Y
+19%
5Y
+129%
10Y
-34%
Net Income
+
3Y
+147%
5Y
-
10Y
+574%

Earnings Waterfall
DLF Ltd

Income Statement
DLF Ltd

Rotate your device to view
Income Statement
Currency: INR
Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
2 536
0
0
0
4 533
0
0
0
9 743
0
0
0
15 402
0
0
0
21 100
0
0
0
21 188
0
0
0
21 764
0
0
0
19 405
0
0
0
20 364
0
0
0
19 765
0
0
0
20 482
0
0
0
6 729
0
0
0
7 061
0
0
0
6 277
0
0
0
4 504
0
0
0
2 850
0
0
0
2 595
0
0
0
0
0
0
Revenue
144 329
N/A
154 208
+7%
159 153
+3%
134 793
-15%
100 354
-26%
78 841
-21%
58 906
-25%
65 497
+11%
74 229
+13%
78 396
+6%
84 577
+8%
89 118
+5%
95 606
+7%
99 778
+4%
101 412
+2%
96 957
-4%
96 294
-1%
93 813
-3%
88 884
-5%
81 640
-8%
77 728
-5%
78 892
+1%
78 058
-1%
85 542
+10%
82 980
-3%
77 092
-7%
77 663
+1%
76 646
-1%
76 487
0%
83 123
+9%
83 399
+0%
93 327
+12%
99 256
+6%
94 043
-5%
94 342
+0%
85 426
-9%
82 212
-4%
84 015
+2%
79 185
-6%
75 543
-5%
67 068
-11%
61 665
-8%
67 178
+9%
72 434
+8%
83 661
+15%
81 899
-2%
77 664
-5%
68 890
-11%
60 828
-12%
53 002
-13%
51 945
-2%
53 956
+4%
54 141
+0%
60 049
+11%
58 760
-2%
58 827
+0%
57 174
-3%
60 195
+5%
58 409
-3%
57 860
-1%
56 948
-2%
56 764
0%
57 218
+1%
57 482
+0%
62 546
+9%
63 661
+2%
69 935
+10%
70 009
+0%
79 937
+14%
93 480
+17%
90 160
-4%
Gross Profit
Cost of Revenue
(40 029)
(44 584)
(48 918)
(39 552)
(32 565)
(26 890)
(19 385)
(24 514)
(25 855)
(26 476)
(31 463)
(33 030)
(43 269)
(45 085)
(44 409)
(42 986)
(40 221)
(36 695)
(35 954)
(35 735)
(34 367)
(37 322)
(37 378)
(38 986)
(39 728)
(35 727)
(35 315)
(34 297)
(33 869)
(38 359)
(37 397)
(40 551)
(46 904)
(41 904)
(41 829)
(37 495)
(34 434)
(34 327)
(32 074)
(30 726)
(30 558)
(31 970)
(38 813)
(45 458)
(48 888)
(47 751)
(44 681)
(39 770)
(32 941)
(29 756)
(29 733)
(29 368)
(27 655)
(30 156)
(28 665)
(28 648)
(26 106)
(28 866)
(26 758)
(25 631)
(22 434)
(24 499)
(25 067)
(25 537)
(25 363)
(27 672)
(32 674)
(33 416)
(39 035)
(54 183)
(52 732)
Gross Profit
104 300
N/A
109 624
+5%
110 235
+1%
95 241
-14%
67 789
-29%
51 951
-23%
39 521
-24%
40 983
+4%
48 374
+18%
51 920
+7%
53 114
+2%
56 088
+6%
52 337
-7%
54 693
+5%
57 003
+4%
53 971
-5%
56 072
+4%
57 119
+2%
52 932
-7%
45 907
-13%
43 362
-6%
41 570
-4%
40 679
-2%
46 555
+14%
43 253
-7%
41 365
-4%
42 348
+2%
42 350
+0%
42 618
+1%
44 764
+5%
46 002
+3%
52 776
+15%
52 352
-1%
52 140
0%
52 514
+1%
47 932
-9%
47 778
0%
49 689
+4%
47 112
-5%
44 817
-5%
36 510
-19%
29 694
-19%
28 364
-4%
26 974
-5%
34 772
+29%
34 147
-2%
32 982
-3%
29 120
-12%
27 886
-4%
23 246
-17%
22 213
-4%
24 590
+11%
26 486
+8%
29 895
+13%
30 096
+1%
30 179
+0%
31 068
+3%
31 329
+1%
31 651
+1%
32 229
+2%
34 514
+7%
32 265
-7%
32 151
0%
31 946
-1%
37 183
+16%
35 990
-3%
37 260
+4%
36 593
-2%
40 902
+12%
39 298
-4%
37 428
-5%
Operating Income
Operating Expenses
(8 031)
(9 884)
(11 357)
(13 756)
(14 090)
(14 539)
(15 402)
(16 163)
(15 726)
(18 083)
(19 900)
(20 340)
(20 761)
(22 364)
(22 446)
(23 151)
(23 680)
(25 487)
(25 650)
(26 664)
(24 067)
(24 781)
(25 229)
(24 938)
(24 077)
(24 491)
(23 195)
(21 210)
(17 018)
(18 634)
(17 507)
(20 446)
(13 998)
(21 207)
(21 749)
(19 388)
(14 416)
(19 484)
(18 346)
(19 917)
(13 889)
(16 316)
(15 330)
(13 338)
(12 678)
(15 616)
(17 434)
(17 570)
(17 467)
(16 190)
(13 979)
(13 593)
(12 565)
(13 330)
(13 556)
(13 401)
(14 625)
(15 210)
(15 742)
(16 773)
(17 990)
(16 658)
(16 290)
(15 740)
(18 684)
(17 914)
(18 796)
(19 246)
(20 667)
(18 334)
(18 568)
Selling, General & Administrative
(3 742)
(3 497)
(3 874)
(4 630)
(6 189)
(4 645)
(4 741)
(4 820)
(12 477)
(4 825)
(5 368)
(5 417)
(13 579)
(5 888)
(5 805)
(5 846)
(15 545)
(5 812)
(5 827)
(5 996)
(15 762)
(6 002)
(6 305)
(6 178)
(16 347)
(5 049)
(4 122)
(3 642)
(10 991)
(3 441)
(3 309)
(3 201)
(10 850)
(3 200)
(3 136)
(3 320)
(11 492)
(3 324)
(3 337)
(3 447)
(11 863)
(3 439)
(3 505)
(3 278)
(11 140)
(3 513)
(3 558)
(3 526)
(15 174)
(3 569)
(3 501)
(3 331)
(10 427)
(3 079)
(3 057)
(3 316)
(13 051)
(4 042)
(4 637)
(5 022)
(16 379)
(5 979)
(5 856)
(5 771)
(17 228)
(5 373)
(5 787)
(5 865)
(19 217)
(5 723)
(5 529)
Depreciation & Amortization
(842)
(1 281)
(1 676)
(2 200)
(2 390)
(2 578)
(2 839)
(2 851)
(3 249)
(4 014)
(4 788)
(5 600)
(6 228)
(6 511)
(6 724)
(6 909)
(7 020)
(6 972)
(7 056)
(7 738)
(7 242)
(7 959)
(7 782)
(6 864)
(6 717)
(6 193)
(5 927)
(5 773)
(5 443)
(5 428)
(5 454)
(7 468)
(2 004)
(7 796)
(7 817)
(5 816)
(1 731)
(5 712)
(5 755)
(6 115)
(2 025)
(4 451)
(3 520)
(2 302)
(1 360)
(2 193)
(2 086)
(1 969)
(1 586)
(1 914)
(1 865)
(1 811)
(1 262)
(1 552)
(1 528)
(1 511)
(1 163)
(1 489)
(1 483)
(1 495)
(1 061)
(1 477)
(1 480)
(1 473)
(1 057)
(1 489)
(1 496)
(1 504)
(1 071)
(1 479)
(1 397)
Other Operating Expenses
(3 446)
(5 107)
(5 807)
(6 925)
(5 511)
(7 315)
(7 822)
(8 492)
0
(9 243)
(9 744)
(9 323)
(954)
(9 967)
(9 918)
(10 397)
(1 115)
(12 703)
(12 767)
(12 930)
(1 064)
(10 821)
(11 143)
(11 896)
(1 013)
(13 250)
(13 147)
(11 797)
(585)
(9 764)
(8 742)
(9 776)
(1 144)
(10 209)
(10 795)
(10 251)
(1 193)
(10 449)
(9 254)
(10 355)
0
(8 426)
(8 306)
(7 758)
(177)
(9 909)
(11 789)
(12 074)
(705)
(10 707)
(8 614)
(8 453)
(875)
(8 700)
(8 972)
(8 574)
(411)
(9 680)
(9 622)
(10 256)
(550)
(9 202)
(8 954)
(8 497)
(399)
(11 053)
(11 512)
(11 876)
(379)
(11 133)
(11 643)
Operating Income
96 269
N/A
99 740
+4%
98 878
-1%
81 486
-18%
53 699
-34%
37 413
-30%
24 121
-36%
24 822
+3%
32 647
+32%
33 839
+4%
33 215
-2%
35 750
+8%
31 576
-12%
32 330
+2%
34 558
+7%
30 820
-11%
32 392
+5%
31 632
-2%
27 282
-14%
19 243
-29%
19 295
+0%
16 790
-13%
15 451
-8%
21 618
+40%
19 175
-11%
16 874
-12%
19 152
+14%
21 138
+10%
25 600
+21%
26 129
+2%
28 496
+9%
32 331
+13%
38 354
+19%
30 933
-19%
30 763
-1%
28 542
-7%
33 362
+17%
30 203
-9%
28 766
-5%
24 901
-13%
22 621
-9%
13 380
-41%
13 035
-3%
13 638
+5%
22 095
+62%
18 533
-16%
15 550
-16%
11 551
-26%
10 420
-10%
7 056
-32%
8 233
+17%
10 995
+34%
13 921
+27%
16 563
+19%
16 539
0%
16 778
+1%
16 443
-2%
16 118
-2%
15 908
-1%
15 455
-3%
16 524
+7%
15 607
-6%
15 861
+2%
16 205
+2%
18 499
+14%
18 076
-2%
18 465
+2%
17 347
-6%
20 235
+17%
20 963
+4%
18 860
-10%
Pre-Tax Income
Interest Income Expense
(260)
(2 563)
(2 996)
(3 026)
(1 429)
(7 881)
(9 898)
(11 528)
(7 063)
(12 110)
(13 962)
(15 671)
(11 234)
(18 136)
(19 061)
(20 983)
(16 138)
(23 727)
(23 688)
(23 298)
(9 524)
(22 829)
(23 696)
(24 218)
(9 878)
(24 300)
(24 240)
(24 392)
(15 092)
(23 676)
(25 051)
(25 274)
(18 444)
(28 058)
(28 003)
(28 883)
(17 606)
(30 147)
(30 742)
(31 721)
(17 355)
(26 655)
(23 673)
(20 437)
(1 994)
(21 004)
(20 221)
(17 268)
(1 219)
(11 284)
(9 366)
(8 975)
(2 951)
(7 909)
(7 405)
(6 875)
(1 356)
(5 548)
(4 858)
(4 357)
(920)
(3 717)
(3 550)
(3 433)
3 296
(3 730)
(3 763)
(3 865)
3 050
(3 746)
(3 442)
Non-Reccuring Items
(58)
0
0
0
(39)
0
0
0
(570)
0
0
0
(161)
0
0
0
(219)
(160)
(160)
(160)
(1 195)
(272)
525
(3 594)
(3 541)
(3 652)
(4 830)
(711)
(1 176)
(859)
(632)
(787)
(3 713)
1 800
2 015
2 170
4 265
1 002
0
86 634
86 949
87 653
87 653
1 960
(1 970)
4 238
5 674
7 983
3 051
438
(1 960)
(4 269)
(1 452)
(962)
0
(2 244)
(2 405)
(2 244)
(2 244)
0
(325)
0
0
0
(40)
0
0
(3 024)
(3 061)
(3 024)
(672)
Gain/Loss on Disposition of Assets
(7)
0
0
0
(45)
0
0
0
579
0
0
0
660
0
0
0
(31)
0
0
0
192
0
0
0
50
0
0
0
(16)
0
0
0
(475)
0
0
0
(471)
0
0
0
192
0
0
0
1 272
0
0
0
(18)
0
0
0
188
0
0
0
0
0
0
0
6
0
0
0
34
0
0
0
3
0
0
Total Other Income
(330)
(115)
(150)
824
(264)
4 469
4 105
4 004
(548)
4 259
5 174
5 054
(839)
5 092
4 031
6 505
(529)
6 683
7 408
13 603
(709)
13 308
14 820
10 326
(598)
14 788
13 327
9 243
(3 050)
5 243
5 957
6 327
(5 461)
6 983
6 595
6 194
(9 255)
7 247
7 333
7 748
(6 252)
9 437
9 460
9 711
(12 947)
7 228
7 814
7 863
(5 699)
6 940
5 828
5 165
(1 310)
5 352
4 975
5 095
(1 035)
3 924
3 750
3 027
(261)
3 412
4 118
4 691
(282)
8 001
8 772
9 637
2 379
8 989
13 119
Pre-Tax Income
95 614
N/A
97 062
+2%
95 732
-1%
79 285
-17%
51 922
-35%
34 002
-35%
18 329
-46%
17 298
-6%
25 046
+45%
25 986
+4%
24 425
-6%
25 133
+3%
20 002
-20%
19 285
-4%
19 526
+1%
16 341
-16%
15 475
-5%
14 427
-7%
10 841
-25%
9 388
-13%
8 059
-14%
6 997
-13%
7 102
+2%
4 133
-42%
5 207
+26%
3 712
-29%
3 411
-8%
5 278
+55%
6 266
+19%
6 839
+9%
8 771
+28%
12 597
+44%
10 263
-19%
11 658
+14%
11 371
-2%
8 023
-29%
10 295
+28%
8 307
-19%
5 358
-36%
87 563
+1 534%
86 155
-2%
83 813
-3%
86 473
+3%
4 872
-94%
6 456
+33%
8 996
+39%
8 818
-2%
10 129
+15%
6 535
-35%
3 151
-52%
2 736
-13%
2 918
+7%
8 396
+188%
13 044
+55%
14 109
+8%
12 753
-10%
11 646
-9%
12 250
+5%
12 555
+2%
14 123
+12%
15 024
+6%
15 300
+2%
16 428
+7%
17 463
+6%
21 505
+23%
22 347
+4%
23 474
+5%
20 095
-14%
22 606
+12%
23 183
+3%
27 865
+20%
Net Income
Tax Provision
(17 391)
(15 119)
(14 631)
(12 094)
(6 754)
(3 980)
(3 085)
(4 232)
(7 022)
(7 709)
(6 525)
(6 867)
(4 594)
(4 194)
(4 935)
(4 262)
(3 693)
(3 552)
(2 471)
(1 034)
(1 251)
(1 027)
(1 488)
353
836
1 446
1 870
(131)
(1 576)
(1 705)
(2 451)
(4 764)
(5 642)
(5 762)
(5 275)
(3 402)
(2 293)
(1 922)
(1 073)
(43 433)
(43 230)
(42 791)
(44 343)
(2 730)
(2 774)
(3 134)
(2 483)
(2 632)
(2 167)
(2 053)
(2 312)
(1 942)
(3 623)
(4 465)
(4 408)
(3 966)
(3 210)
(3 258)
(3 224)
(3 728)
(4 015)
(4 154)
(4 366)
(4 612)
(5 201)
(5 370)
420
4 437
4 339
4 190
(3 241)
Income from Continuing Operations
78 223
81 941
81 100
67 189
45 168
30 021
15 243
13 066
18 024
18 278
17 901
18 268
15 408
15 092
14 592
12 079
11 782
10 875
8 371
8 355
6 808
5 971
5 614
4 487
6 044
5 159
5 282
5 147
4 691
5 134
6 320
7 833
4 620
5 896
6 095
4 621
8 003
6 384
4 285
44 129
42 924
41 021
42 129
2 141
3 683
5 862
6 335
7 498
4 368
1 099
425
975
4 773
8 578
9 700
8 787
8 436
8 992
9 332
10 397
11 009
11 149
12 063
12 851
16 304
16 977
23 893
24 532
26 945
27 373
24 625
Income to Minority Interest
(355)
(386)
(470)
(506)
(275)
(3)
(51)
(2)
108
(88)
(34)
(347)
(72)
(207)
(138)
255
336
225
341
662
445
126
137
(53)
565
976
1 007
915
333
170
(5)
(159)
11
4
36
35
68
90
91
(109)
(129)
(143)
(144)
78
51
56
65
59
65
66
86
99
110
101
65
43
5
10
0
13
19
24
35
31
36
36
26
17
8
(1)
(0)
Equity Earnings Affiliates
264
63
156
(201)
(211)
(16)
(99)
(49)
8
68
63
101
88
76
72
57
(15)
330
333
325
41
78
90
71
71
(2)
(11)
(11)
(34)
(331)
(387)
(1 246)
(1 569)
(1 483)
(1 715)
(1 079)
(923)
(833)
(654)
(368)
1 844
4 381
6 879
9 084
9 458
9 693
9 922
9 555
8 895
7 310
5 828
5 636
6 053
6 335
6 716
6 934
6 567
7 332
7 983
8 303
9 330
9 760
10 293
10 882
10 931
11 444
12 121
15 512
16 723
17 475
18 212
Net Income (Common)
78 120
N/A
81 606
+4%
80 773
-1%
66 469
-18%
44 696
-33%
30 016
-33%
15 060
-50%
13 031
-13%
17 198
+32%
17 348
+1%
17 135
-1%
17 113
0%
16 396
-4%
15 870
-3%
15 410
-3%
13 337
-13%
12 008
-10%
11 353
-5%
9 014
-21%
9 278
+3%
7 119
-23%
6 003
-16%
5 619
-6%
4 224
-25%
6 462
+53%
5 929
-8%
6 019
+2%
5 884
-2%
5 402
-8%
5 384
0%
6 355
+18%
6 858
+8%
3 062
-55%
4 417
+44%
4 416
0%
3 576
-19%
7 148
+100%
5 641
-21%
3 722
-34%
43 654
+1 073%
44 639
+2%
45 260
+1%
48 865
+8%
11 304
-77%
13 192
+17%
15 611
+18%
16 323
+5%
17 111
+5%
(5 832)
N/A
(10 686)
-83%
(12 824)
-20%
(12 452)
+3%
10 936
N/A
15 013
+37%
16 482
+10%
15 765
-4%
15 009
-5%
16 334
+9%
17 314
+6%
18 711
+8%
20 358
+9%
20 932
+3%
22 390
+7%
23 764
+6%
27 271
+15%
28 457
+4%
36 040
+27%
40 061
+11%
43 676
+9%
44 847
+3%
42 837
-4%
EPS (Diluted)
46.9
N/A
47.8
+2%
46.82
-2%
38.94
-17%
26.24
-33%
17.65
-33%
8.85
-50%
7.67
-13%
10.11
+32%
10.2
+1%
10.09
-1%
9.89
-2%
9.64
-3%
9.34
-3%
9.07
-3%
7.85
-13%
7.06
-10%
6.67
-6%
5.29
-21%
5.44
+3%
4.18
-23%
3.44
-18%
3.15
-8%
2.37
-25%
3.64
+54%
3.36
-8%
3.36
N/A
3.3
-2%
3.03
-8%
3.01
-1%
3.6
+20%
3.85
+7%
1.72
-55%
2.49
+45%
2.48
0%
2.01
-19%
4.01
+100%
3.2
-20%
2.1
-34%
24.27
+1 056%
23.62
-3%
20.69
-12%
22.17
+7%
5.14
-77%
6
+17%
6.55
+9%
6.58
+0%
6.9
+5%
-2.4
N/A
-4.38
-83%
-5.19
-18%
-5.02
+3%
4.42
N/A
6.05
+37%
6.64
+10%
6.35
-4%
6.06
-5%
6.6
+9%
7
+6%
7.57
+8%
8.22
+9%
8.46
+3%
9.05
+7%
9.6
+6%
11.02
+15%
11.5
+4%
14.56
+27%
16.19
+11%
17.64
+9%
18.13
+3%
17.32
-4%

See Also

Summary
DLF intrinsic value, competitors valuation, and company profile.
DCF Valuation
DLF stock valuation using Discount Cash Flow valuation method.
Relative Valuation
DLF stock valuation using valuation multiples.
Wall Street Estimates
DLF price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
DLF stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
ALPHA SPREAD
Follow us
Join more than 310,900+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2026 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.