The shares of this real estate development company jumped around 4 percent to an intraday high of Rs 843 apiece after the company’s net profits surged by 22.4 percent.
Share Price Movement:
DLF Limited’s stocks have generated a return of 71 percent over the past year and a multibagger return of 361 percent over the last 5 years. With a market capitalization of Rs 2,06,515 crores, the shares of this company climbed around 3 percent, trading at Rs 833 apiece at 1:44 pm on Friday.
Financials:
Reviewing the latest Q1FY25 results of DLF Limited from the previous quarter to the current quarter , the revenue from operations tumbled by 36 percent from Rs 2,134.84 crores in Q4FY24 to Rs 1,362.35 crores in Q1FY25. Also, the net profits fell by 30 percent from Rs 919.82 crores to Rs 644.67 crores during the same period.
Analyzing and comparing the financials from the previous corresponding quarter to the current quarter, the revenues from operations fell by 4.2 percent from Rs 1,423.23 crores in Q1FY24 to Rs 1,362.35 crores in Q1FY25. For the same period, the net profits of DLF Limited climbed by 22.4 percent from Rs 526 crores to Rs 644 crores.
Ratios:
The trailing twelve months Return on Equity and Return on Capital Employed of DLF Limited stood at 7 percent and 6 percent respectively. Also, for the same period, the debt-to-equity ratio of the firm stood at 0.12 times.
Net Cash:
The Net cash of DLF Limited stood at Rs 2,896 crores as of Q1FY25, up from Rs 1,547 crores as of Q4FY24, highlighting an 87 percent increase.
EBITDA and Operating Cash Flow:
The EBITDA of DLF Limited grew by 21 percent from Rs 495 crores in Q1FY24 to Rs 597 crores in Q1FY25. The operating cash flow of the firm as of Q1FY25 stood at Rs 1,849 crores.
New Projects:
DLF Limited’s upcoming projects include The Valley Gardens in Panchkula, GC Enclave in Sector 93, Gurugram, The Grove in DLF 5, Gurugram, and One Midtown in New Delhi, among others.
New Sales Booking:
The latest new sales booking of DLF Limited as of Q1FY25 stood at Rs 6,404 crores.
Market Expansion:
As per reports, DLF Limited is all set to enter the Goa market in August by launching luxury villas costing around Rs 50 crores.
Shareholding Pattern:
For the period June 2024, the promoters of the company held 74.08 percent of the stakes, while the FIIs held 16.17 percent. Additionally, the DIIs held 4.81 percent of the company.
About the Company:
Incorporated in the year 1963 and headquartered in Gurugram, DLF Limited is engaged in the business of colonization and real estate development. The company’s operations span all aspects of real estate development, from the identification and acquisition of land to planning, execution, construction, and marketing of projects. It is also engaged in the business of leasing, generation of power, provision of maintenance services, hospitality and recreational activities, life insurance, and retail chain outlets. Its internal business includes development business and rental business.
Written By Zahal
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