DLF ends FY26 debt-free with strong cash, reports slight dip in sales

DLF reported stable quarterly profit and strong annual earnings growth supported by healthy sales bookings, rising rental income and robust cash generation. The realty major ended FY26 debt-free in its development business, strengthened shareholde...

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DLF posted resilient FY26 earnings with strong rental growth, healthy bookings, improved cash surplus and zero gross debt in its development business.
DLF reported net profit of Rs 1,265 crore during Q4FY26, almost similar to of Q4FY25 as it reported new sales booking of Rs 20,143 crore in FY26, slightly less than Rs 21,223 crore during last year.

The company also ended the year with zero gross debt position in the development business and a net cash surplus of Rs 14,155 crore.

For the year, consolidated revenue for the company stood at Rs 10,174 crore which gross margins at 39% and EBITDA at Rs 3,070 crore.


Net Profit at Rs 4,256 crore (before exceptional items), reported y-o-y growth of 16%.

For DLF Cyber City Developers Limited, the rental arm of the company, consolidated revenue stood at Rs 7,393 crore whole EBITDA at Rs 5,718 crore and net profit at Rs 2,726 crore (before exceptional items), y-o-y growth of 38%.

During the year, the company launched DLF Privana North, Gurugram with sales bookings of more than Rs 11,000 crore, DLF Westpark, Mumbai with sales of more than Rs 2,300 crore and The Dahlias reported sales bookings of Rs 4,800 crore.
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“With an identified launch pipeline ahead, we remain well positioned to leverage this sustained demand momentum through a calibrated and value-accretive strategy and remain confident of delivering our stated medium-term goals,” DLF said in a statement.

Company’s rental portfolio stands at 50 msf and operate at occupancy of 95%.

“Measured capital deployment to drive long-term annuity growth remains a focused area for the business. Reflecting our continued focus on enhancing shareholder returns, the Board has recommended a dividend of Rs 8 per share for shareholders’ approval. This represents a 33% year-on-year increase in dividend payout over the previous year,” the company said.

“With a significant land bank, a robust launch pipeline across development and rental businesses, a strengthened balance sheet and consistent cash flow generation, DLF is well positioned to capitalize on the structural upcycle in the sector,” DLF said.
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