DLF Share Price

DLF Limited

DLF Limited and its affiliates are involved in India's real estate development and colonisation industries. Land acquisition and identification, as well as project design, execution, construction, and marketing, are among its activities. Along with operating and maintaining commercial office spaces, retail assets like malls, and hospitality projects, the company also develops and sells residential properties like land, plots, flats, and commercial units. In addition to golf and country clubs, it owns and runs The Lodhi and the Hilton Garden Inn in New Delhi.

In addition, the firm generates electricity, provides maintenance services, leases out space, and engages in leisure activities. DLF Limited is a 1946-established firm in Gurugram, India, that functions as a private subsidiary of Rajdhani Investments & Agencies.

About DLF Limited and DLF share price NSE

DLF has a unique history of customer focus and service excellence in India. Owing to its over 75 years of experience in real estate investment, development, and management, it can deliver on a big scale.

DLF was established by Chaudhary Raghvendra Singh in 1946; 22 urban colonies were created in Delhi. In 1985, the company moved into the then-unknown area of Gurugram, where it built high-end homes and working quarters for Indians who became global professionals. DLF is India's largest publicly traded real estate company, with residential, commercial, and retail developments in 15 states and 24 cities.

The various segments, including the DLF bonus share, indicate the company's commitment to creating ecosystems that meet India’s changing needs.

Real Estate Industry Overview

The world economy is incomplete without the real estate industry, which includes buying, selling, and developing land and property. Residential real estate includes houses or apartments, while commercial real estate comprises hotels, shopping malls, and office blocks. Industrial real estate includes factories and warehouses.

Several factors influence demand in the real estate market, such as population growth, economic state, interest rates, and government regulations. In modern technology, virtual tours have become popular, and there are internet property lists for use during marketing and digital transactions.

Regulation changes, market volatility, and economic downturns make the real estate industry’s rewards potentially large but also present challenges. However, despite urbanisation and the growing need for housing and commercial space, a significant dynamic part of the economy remains a sector that offers developers a wide choice of investment opportunities.

DLF Limited competitors

Here are some of the top competitors of DLF Limited, keeping in mind the DLF share price today: -

• Macrotech Developers
• Prestige Estate Projects Ltd
• Oberoi Realty Ltd

DLF share dividend history

• 1963: American Universal Electric (India) Ltd was incorporated.
• 1979: DLF United Limited merged with American Universal Electric (India) Limited, forming DLF Universal Electric Limited.
• 1981: DLF Universal Electric Limited was renamed DLF Universal Limited. It obtained its first license from the State Government of Haryana and began developing 'DLF City' in Gurgaon.
• 1985: DLF Universal Limited started plotted developments in Gurgaon, Haryana, consolidating DLF City for township development.
• 1991: The first office complex, 'DLF Centre,' was constructed in New Delhi.
• 1993: Completed its first condominium project, 'Silver Oaks,' at DLF City, Gurgaon, Haryana.
• 1996: Constructed 'DLF Corporate Park,' the first office complex at DLF City, Gurgaon, Haryana.
• 1999: Developed the DLF golf course.
• 2000: The merger of DLF Industries Limited with DLF Universal Ltd. was approved and became effective on October 9, 2000.
• 2002: Ventured into retail development in Gurgaon, Haryana, and commenced 'DT Cinemas' operation in Gurgaon.
• 2003-04: Developed 'DLF Cybercity,' an integrated IT park in Gurgaon, Haryana.
• 2005: Acquired 16.62 acres of mill land in Mumbai, received 'Corporate Buildings Award' and 'Superbrand' award.
• 2006: Formed a construction joint venture with Laing O'Rourke Plc, changed the name to DLF Limited, and entered alliances with Hilton International Co. and WSP Group Plc.
• 2007: Entered a joint venture with Prudential Insurance for a life insurance business in India and launched a $2 billion issue.
• 2008: Partnered with Gayatri Projects Ltd for infrastructure development and TIDCO for an IT SEZ. Launched India's first luxury mall, Emporio, and sponsored IPL.
• 2009: Launched Capital Greens in Delhi and began DLF-IL&FS Metro in Gurgaon. Received Best Global Developer Award and sold DT Cinemas, forming a long-term alliance with PVR.
• 2010: Launched new plots in Gurgaon, announced projects in Panchkula, Shimla, and Goa, and sold 150 plots in Gurgaon.
• 2011: Delivered Delhi's first automated car parking and sold property in Gurgaon to reduce debt—acquired stakes in hospitality companies and sold shareholdings in DLF Ackruti Info Parks.
• 2012: Launched an expressway project in Gurgaon, delivered automated car parking in Connaught Place, sold a hotel subsidiary, and exited IPL sponsorship.
• 2013: Entered into agreements for wind turbine transfer and business transfer with Goyal MG Gases and sold stake in insurance JV with Prudential Financial.
• 2014: Informed about a court judgement on land acquisition in Gurgaon.
• 2015: Entered joint venture with GIC for projects in Central Delhi, sold a stake to GIC, and received a star rating for malls in Delhi and Gurgaon.
• 2016: Gained SEBI approval for FPIs in REITs and received awards for residential properties.
• 2017: Entered joint venture with GIC for DLF Cybercity Developers Limited, received the green nod for a commercial project in Goa, and became LEED certified.
• 2018: Acquired land in Gurugram, formed JV with GIC for office and retail space development, and received the green nod for Gurugram project expansion.
• 2019: Upgraded by Morgan Stanley, planned significant investments in office space in Gurugram, settled dues with DCCDL, and projected substantial rental income.
• 2020: Acquired U.S.-based Hines' stake in a Gurugram project, invested in air filtration technology for offices, and included in the DJSI.
• 2021: DCCDL received LEED Zero Water Certification, completed the acquisition of a stake in Fairleaf, and was selected in Dow Jones Sustainability Indices.
• 2022: Sales bookings rose 62% YoY to 4,092 crore. They announced an investment to set up an office building for Standard Chartered Global Business Services' campus in Chennai.
• 2023: Entered an agreement with Trident Buildtech for a slum rehabilitation project in Andheri West.

Company Profile – Strengths and weaknesses

Strengths

• The current ratio of 2.01 indicates a strong liquidity position for the company.
• Over the previous five years, the company has consistently maintained an adequate average operating margin of 37.43%.
• With a 74.08% stake, the corporation has a large promoter holding.
• Over the last three years, the company has demonstrated an excellent 18.85% revenue growth.

Weaknesses

• Over the last three years, the company's earnings growth has been a pitiful 0.68%.
• The company's three-year ROE of 5.73% is poor.

The financials

Shareholding pattern of DLF Limited

Here is the shareholding pattern of DLF Limited: -

• Promoters: 74.95%
• FII: 15.39%
• DII: 4.1%
• Public: 5.56%
• Others: 0%

Peer comparison