# DLF share price today (DLF Ltd, NSE: DLF)

> DLF share price today: ₹720.00 at the NSE close on 4 November 2026, down 5.2% in a year. DLF (NSE: DLF) is worth ₹1,78,106 crore, trades at a P/E of 38.7 and has closed between ₹522.25 and ₹764.85 over the past 52 weeks. > DLF Ltd's P/E is near the low end of its own history, higher than only 20% of past readings, and its quarterly results are still getting worse. DLF · Realty - National · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/dlf-ltd

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹720.00 (−5.2% in a year)
- P/E: 38.7× (lower than 80% of the last 11 years)
- Revenue (Sep 2026): ₹1,261 Cr (−23.3% on a year ago)
- Profit (Sep 2026), incl. one-off: ₹1,301 Cr (one-off item, see below)
- Operating margin: 1.8% (−15.2 points on a year ago)
- ROCE: 6%, FY26
- ROIC: 2.4%, against a 12.0% cost of capital: −9.6 points

The main question: the P/E is near the low end of its own history, higher than only 20% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. ## What is the DLF share price today? DLF Ltd's share price was ₹720.00 at the close on 4 November 2026. It has been rising for 10 weeks. That is 9.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹522 and ₹765, and at that close it sat 82% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 26 weeks in a row. Over the last 11 years the share price moved +576% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at DLF this quarter? Three changes stood out: foreign funds (FIIs) cut their stake for 8 quarters in a row, indian funds and insurers (DIIs) raised their stake for 6 quarters in a row and lowest operating margin in 16 quarters. 1. Foreign funds (FIIs) cut their stake for 8 quarters in a row From 16.7% to 11.4% of the company by the September 2026 quarter. 2. Indian funds and insurers (DIIs) raised their stake for 6 quarters in a row From 4.7% to 9.1% of the company by the September 2026 quarter. 3. Lowest operating margin in 16 quarters Operating margin was 1.8% in the September 2026 quarter, against 17% a year earlier. ## What are DLF's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), DLF reported revenue of ₹1,261 crore, down 23.3% from ₹1,643 crore a year earlier, and a profit of ₹1,301 crore, up 10.3% from ₹1,180 crore. ### DLF results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,261 crore | ₹1,643 crore | −23.3% |
| Profit | ₹1,301 crore | ₹1,180 crore | +10.3% |
| Earnings per share | ₹5.26 | ₹4.77 | +10.3% |
| Operating margin | 1.8% | 17.0% | −15.2 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). DLF's management discussed these results on a call held on 17 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the DLF share price history? DLF closed at ₹720.00 on 4 November 2026, down 5.2% from ₹759.45 a year earlier (7 November 2025) and up 67.1% over five years. Its highest weekly close since March 2016 was ₹922.95 on 2 March 2024. ### DLF share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹691.55 | +4.1% |
| 1 month ago · 1 Oct 2026 | ₹658.40 | +9.4% |
| 6 months ago · 8 May 2026 | ₹608.25 | +18.4% |
| 1 year ago · 7 Nov 2025 | ₹759.45 | −5.2% |
| 3 years ago · 3 Nov 2023 | ₹595.85 | +20.8% |
| 5 years ago · 4 Nov 2021 | ₹430.85 | +67.1% |
| 10 years ago · 4 Nov 2016 | ₹139.30 | +416.9% |
| Earliest and lowest weekly close in our records · 11 Mar 2016 | ₹106.45 | +576.4% |
| Highest weekly close since March 2016 · 2 Mar 2024 | ₹922.95 | −22.0% |
| 52-week high (weekly close) · 14 Nov 2025 | ₹764.85 | −5.9% |
| 52-week low (weekly close) · 2 Apr 2026 | ₹522.25 | +37.9% |

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (561 weekly closes from 11 March 2016 to 4 November 2026.)

## What is the latest news on DLF? 4 Nov 2026: DLF closed at ₹720.00, up 4.1% on the week and up 9.4% on the month. 17 Oct 2026: DLF held its results call for July to September 2026. Management guided: DLF portfolio exit rentals: ₹175-180 crore per quarter, approximately ₹750 crore annualised excluding Atrium this year. ### Earlier

- Results for July to September 2026: Revenue down 23.3% and profit up 10.3% on a year earlier. - 27 Jul 2026: ex-date for a dividend of ₹8 a share. ## What dividend does DLF pay? DLF paid ₹8 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.11% at the ₹720.00 close on 4 November 2026. The last was a dividend of ₹8 a share, ex-date 27 July 2026. ### DLF dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 27 Jul 2026 | ₹8 | Dividend | same day |
| 28 Jul 2025 | ₹6 | Dividend | same day |
| 31 Jul 2024 | ₹5 | Dividend | same day |
| 28 Jul 2023 | ₹4 | Dividend | same day |
| 2 Aug 2022 | ₹3 | Dividend | 3 Aug 2022 |
| 23 Aug 2021 | ₹2 | Dividend | 24 Aug 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. DLF Ltd paid out 45% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years. One of those years shows a negative figure because profit itself was negative. (From the NSE corporate-actions record, read 5 November 2026.)

## What did DLF management say on the latest results call? On the call for July to September 2026, held on 17 October 2026, DLF's management guided: DLF portfolio exit rentals: ₹175-180 crore per quarter, approximately ₹750 crore annualised excluding Atrium this year. > “Fundamentally, the three key drivers of our business are strong pre-sales of the identified products, strong cash and margin generation, and continuously sustained and strong growth in the rental business.”
> Ashok Tyagi, on the call for July to September 2026

### What management guided

- DCCDL exit rentals close to ₹6,800 crore; Promenade Goa planned this fiscal, Chennai Blocks 4-5 (3.6 million square feet) next calendar year, Gurgaon Block 7 next year, remaining towers FY29-FY30 and Mall of India FY30; rental specific, commissioning directional only. - Mumbai launch planned for Q3; Gurgaon Phase 4 luxury-plus launch and IREO land-transaction close planned for Q4; Dahlias experience centre planned for December. - Development business gross-margin potential around ₹40,000 crore and potential cash generation above ₹42,500 crore. - Completion schedules expected to face no challenge beyond a give-or-take one-quarter tolerance. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/4749/Conference Call/CC-Oct26.pdf). (From the call for July to September 2026, 17 October 2026.)

## What to watch in DLF's next results? When DLF reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Dahlias experience-centre readiness and realized price progression; check for any GRAP-related delay. - What to check (from the call)
- Dahlias experience-centre readiness and realized price progression; check for any GRAP-related delay. - Construction activity after Chhath and GRAP restrictions; check whether project schedules remain within management's stated tolerance. - Mumbai and Gurgaon launch approvals and execution; verify that each reaches its communicated window. - DCCDL commissioning progress across Chennai and Gurgaon, plus Promenade Goa; check for delivery slippage. ## Which stock lists is DLF on? DLF is on 2 of our India lists: Momentum stocks and Real estate, REIT & cement. - [Momentum stocks Market cap cr: 178222.25435615648](https://www.sectoralpha.in/momentum-stocks-india)
- [Real estate, REIT & cement Group on the list: Home and office developers](https://www.sectoralpha.in/sectors/real-estate-stocks-india)

## Is DLF profitable? DLF Ltd earned ₹1,301 Cr of net profit in the Sep 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. Full-year FY26 profit was ₹4,415 Cr. Over 10 years profit has grown 30.6% a year on average. That is 103.2% of the quarter's revenue. The same quarter a year earlier earned ₹1,180 Cr. Sep 2026 profit was ₹1,301 Cr, +10.3% on a year earlier. For the full year, FY26 profit was ₹4,415 Cr (+1.1% on the year before). Read this profit with care: at ₹1,301 Cr it is bigger than the quarter's whole revenue of ₹1,261 Cr. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a 1.8% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings. ## How much revenue does DLF make, and is it growing? DLF Ltd reported ₹1,261 Cr of revenue in the Sep 2026 quarter, −23.3% on the same quarter a year earlier. Over 10 years it has grown −1.9% a year on average. The last full year, FY26, came in at ₹8,194 Cr. The last four reported quarters add to ₹6,375 Cr. FY26 revenue was ₹8,194 Cr, +2.5% on the year before. Recent pace: the last four quarters grew −21.5% on average, against −1.9% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −29.3%, against −4.5% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +6.6%, against +12.6% a year (rolling over). ## How much of every ₹100 of sales does DLF keep? DLF Ltd's operating margin was 1.8% in the Sep 2026 quarter, 15.2 percentage points lower than the same quarter a year ago. Across 13 years it has been between 18.0% and 42.0%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −15.4 percentage points on the year while gross margin changed −2.6 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is DLF's profit turning into cash? Over the last 3 years, 123% of DLF Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹6,347 Cr of operating cash against ₹4,415 Cr of profit. After ₹830 Cr of spending on assets, ₹5,517 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: it has been selling more assets than it buys. The next section shows those figures. ## Where does DLF's cash go? DLF Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹8,194 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. Over the last 3 years it sold more assets than it bought, by ₹129 Cr. Over the last 3 years, money from selling assets was ₹129 Cr more than it spent on new ones. Work still in progress is ₹162 Cr (FY26). In short: assets are being sold, not built, so this cash is not going into new capacity. ## What is DLF's P/E ratio, and how does it compare with its own history? DLF Ltd's P/E is 38.7×, near the low end of its own history: it has been lower only 20% of the time. Its usual P/E (the middle reading) is 53.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +1.1% while the price moved −5.2%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +10.8% a year; about +22.8% a year came from earnings growth and about −12.0 percentage points from the multiple (the market paying less); over 10 years the price moved +17.9% a year; about +37.7% a year came from earnings growth and about −19.8 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the DLF business getting better or worse? DLF Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 6.2%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. ## How much does DLF earn on its capital? DLF Ltd earned a ROCE of 6% in FY26. That is up from a low of 4% in FY20. Its return on capital used (ROIC) is 9.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 53.9% net margin and 0.11× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 53.9% net margin × 0.11× asset turnover × 1.62× leverage (assets divided by equity) ≈ 9.6% on equity. The margin does most of the work; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 2.4% − 12.0% = −9.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 2.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 3.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does DLF have too much debt? DLF Ltd has total debt of ₹314 Cr against shareholder equity of ₹45,587 Cr as of Sep 2026, so its debt is 0.01× its equity, which is very little. Year by year, that ratio went from 0.11 in FY22 to 0.01 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the DLF shareholding pattern? Foreign institutions cut their stake in DLF Ltd by 5.2 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 11.4% of the company. Domestic institutions moved +4.4 points over the same period, to 9.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −5.2 points over 8 quarters, to 11.4%; Domestic institutions: +4.4 points over 8 quarters, to 9.1%; Promoters: +0.0 points over 8 quarters, to 74.1%. Why the owners changed: foreign institutions moved −5.2 points and domestic institutions +4.4 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is DLF from balance-sheet trouble? For DLF Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does DLF rank in its industry? 42.3 out of 100, rank 5 of 7 in Realty - National, with 85% of the evidence available. DLF Ltd scores 42.3 out of 100 against the 7 companies it is compared with in Realty - National, ranking 5. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 6.6 + 6.9 + 16.3 + 12.5 = 42.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is DLF compared with? DLF ranks 5 of 7 Realty - National companies on the 4-Factor Sector Score, with 42.3 out of 100. 1. [Lodha Developers Ltd](https://www.sectoralpha.in/stocks/lodha-developers-ltd) LODHA · quiet · Most evidence points up · 100% evidence 74.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.4/35 · Revenue 20.9% · Profit 30.6% · Operating margin change 4 points · 100% evidence Capital efficiency 18.6/25 · ROCE 16.4% · Operating margin 33% · 100% evidence Valuation 13.2/20 · P/E 23.8× · PEG 2.08 · 100% evidence Relative strength 15.4/20 · Lead over its industry 9.9% · Lead over NIFTY 500 5.4% · 1 year -13.4% · 100% evidence · 8 of 12 weeks ahead Exact sum: 27.4 + 18.6 + 13.2 + 15.4 = 74.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Prestige Estates Projects Ltd](https://www.sectoralpha.in/stocks/prestige-estates-projects-ltd) PRESTIGE · basing · Evidence leans up · 63% evidence 57.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.8/35 · Revenue 67.5% · Profit 100% · Operating margin change -6 points · 83% evidence Capital efficiency 14.6/25 · ROCE 10.4% · Operating margin 32% · 76% evidence Valuation 7.2/20 · P/E 55× · PEG n/a · 50% evidence Relative strength 10.9/20 · Lead over its industry n/a · Lead over NIFTY 500 1.8% · 1 year -16.7% · 25% evidence · 5 of 12 weeks ahead Exact sum: 24.8 + 14.6 + 7.2 + 10.9 = 57.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Brigade Enterprises Ltd](https://www.sectoralpha.in/stocks/brigade-enterprises-ltd) BRIGADE · quiet · Evidence leans up · 82% evidence 53.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/35 · Revenue -4.3% · Profit 2.5% · Operating margin change 11 points · 95% evidence Capital efficiency 16.6/25 · ROCE 10.5% · Operating margin 35% · 76% evidence Valuation 10.9/20 · P/E 24.1× · PEG n/a · 50% evidence Relative strength 13.4/20 · Lead over its industry -0.9% · Lead over NIFTY 500 -4.7% · 1 year -32.3% · 100% evidence · 9 of 12 weeks ahead Exact sum: 12.7 + 16.6 + 10.9 + 13.4 = 53.6 · What this means: Relative strength against the index is -4.7%, and revenue and profit growth are weak. 4. [Godrej Properties Ltd](https://www.sectoralpha.in/stocks/godrej-properties-ltd) GODREJPROP · quiet · Evidence leans down · 75% evidence 44.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.4/35 · Revenue 50% · Profit -13.3% · Operating margin change 56 points · 95% evidence Capital efficiency 9.7/25 · ROCE 7.6% · Operating margin -24% · 76% evidence Valuation 10.3/20 · P/E 34.6× · PEG n/a · 15% evidence Relative strength 4.0/20 · Lead over its industry -6.4% · Lead over NIFTY 500 -10.1% · 1 year -31.5% · 100% evidence · 4 of 12 weeks ahead Exact sum: 20.4 + 9.7 + 10.3 + 4 = 44.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. DLF Ltd this page DLF · turning · Evidence leans down · 85% evidence 42.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 6.6/35 · Revenue -29.3% · Profit 6.6% · Operating margin change -15.2 points · 100% evidence Capital efficiency 6.9/25 · ROCE 6.3% · Operating margin 1.8% · 100% evidence Valuation 16.3/20 · P/E 37.2× · PEG 0.86 · 100% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 13.3% · 1 year -8.6% · 25% evidence · 9 of 12 weeks ahead Exact sum: 6.6 + 6.9 + 16.3 + 12.5 = 42.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 6. [Sobha Ltd](https://www.sectoralpha.in/stocks/sobha-ltd) SOBHA · quiet · Most evidence points down · 93% evidence 34.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.4/35 · Revenue 9.5% · Profit 27.3% · Operating margin change 0 points · 100% evidence Capital efficiency 6.8/25 · ROCE 6.9% · Operating margin 7% · 100% evidence Valuation 3.5/20 · P/E 63× · PEG 5.53 · 65% evidence Relative strength 5.6/20 · Lead over its industry -11.1% · Lead over NIFTY 500 -14.2% · 1 year -30.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.4 + 6.8 + 3.5 + 5.6 = 34.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Aditya Birla Real Estate Ltd](https://www.sectoralpha.in/stocks/aditya-birla-real-estate-ltd) ABREL · quiet · Most evidence points down · 64% evidence 33.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue 39.7% · Profit 100% · Operating margin change 94 points · 71% evidence Capital efficiency 5.5/25 · ROCE -4.5% · Operating margin 19% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 1.0/20 · Lead over its industry -20% · Lead over NIFTY 500 -23.2% · 1 year -46.5% · 100% evidence · 4 of 12 weeks ahead Exact sum: 17 + 5.5 + 10 + 1 = 33.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Realty - National](https://www.sectoralpha.in/sectors/realty-national), all 7 compared on one page. ## Which companies are close to DLF in size? DLF is the largest of 7 Realty - National companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: Lodha Developers, Prestige Estates Projects, Godrej Properties, Brigade Enterprises, Sobha and Aditya Birla Real Estate. ### Realty - National companies close in size

1. DLF Ltd ₹1,71,180 crore
2. [Lodha Developers Ltd](https://www.sectoralpha.in/stocks/lodha-developers-ltd) ₹1,03,642 crore
3. [Prestige Estates Projects Ltd](https://www.sectoralpha.in/stocks/prestige-estates-projects-ltd) ₹62,598 crore
4. [Godrej Properties Ltd](https://www.sectoralpha.in/stocks/godrej-properties-ltd) ₹47,232 crore
5. [Brigade Enterprises Ltd](https://www.sectoralpha.in/stocks/brigade-enterprises-ltd) ₹17,199 crore
6. [Sobha Ltd](https://www.sectoralpha.in/stocks/sobha-ltd) ₹12,031 crore
7. [Aditya Birla Real Estate Ltd](https://www.sectoralpha.in/stocks/aditya-birla-real-estate-ltd) ₹11,213 crore

[All 7 Realty - National companies, largest first](https://www.sectoralpha.in/sectors/realty-national#all-companies)

### Companies close in size in other industries

1. [Tech Mahindra Ltd](https://www.sectoralpha.in/stocks/tech-mahindra-ltd) ₹1,75,535 crore · IT - Software
2. [Torrent Pharmaceuticals Ltd](https://www.sectoralpha.in/stocks/torrent-pharmaceuticals-ltd) ₹1,75,479 crore · Pharma - Formulators
3. DLF Ltd ₹1,71,180 crore
4. [Solar Industries India Ltd](https://www.sectoralpha.in/stocks/solar-industries-india-ltd) ₹1,70,121 crore · Industrial Explosives
5. [Samvardhana Motherson International Ltd](https://www.sectoralpha.in/stocks/samvardhana-motherson-international-ltd) ₹1,66,792 crore · Auto Ancillaries - Diversified

## What else do people ask about DLF? ### What is DLF's share price today? DLF Ltd's share price is ₹720.00, −5.2% over the past year. The whole company is worth ₹1,78,106 Cr on the market. In the last 52 weeks it traded between ₹522 to ₹765; today it is 82% of the way up from the low, 9.9% above its 200-day average (as of 4 November 2026). ### What were DLF's latest quarterly results? DLF Ltd reported revenue of ₹1,261 Cr and net profit of ₹1,301 Cr for the Sep 2026 quarter. Revenue fell 23.3% and profit rose 10.3% compared with a year earlier. Earnings per share were ₹5.26. The operating margin was 1.8%, 15.2 percentage points lower than a year earlier (as of 4 November 2026). ### What is DLF's market cap? DLF Ltd's market capitalisation is ₹1,78,106 Cr at a share price of ₹720.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is DLF performing? DLF Ltd's share price has been rising for 10 weeks. In its latest quarter, revenue fell 23.3% and profit rose 10.3% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 26 weeks running (as of 4 November 2026). ### Will DLF's share price go up? This page does not forecast DLF Ltd's share price. What it shows instead: the share price is ₹720.00, and it has been rising for 10 weeks. Its P/E of 38.7× is higher than 20% of its own last 11 years (as of 4 November 2026). ### Does DLF have too much debt? No, DLF Ltd has little debt: its debt is 0.01× its equity, and its operating profit is 7 times its interest bill. FY26 borrowings were ₹306 Cr against equity of ₹45,473 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### What is DLF's capex? DLF Ltd sold more long-term assets (plants, machines and the like) than it bought over the last 3 years, by ₹129 Cr, worked out from the change in fixed assets plus depreciation. Depreciation over the same years was ₹441 Cr (as of 4 November 2026). ### Where is DLF in its business cycle? DLF Ltd's FY26 operating margin was 18.0%, against a 13-year range of 18.0% to 42.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 1.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the DLF story? The main question: the P/E is near the low end of its own history, higher than only 20% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is DLF a stock worth studying right now? What the numbers show: DLF Ltd's P/E is near the low end of its own history, higher than only 20% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a DLF share price forecast for 2026? What management itself guided: DLF portfolio exit rentals: ₹175-180 crore per quarter, approximately ₹750 crore annualised excluding Atrium this year. ## Lists

- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india
- Real estate, REIT & cement: https://www.sectoralpha.in/sectors/real-estate-stocks-india

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