Key Financial Figures - DLF Limited (Consolidated)

Q2FY27 Performance:

  • Revenue from operations: ₹1,261 crore (down 23% YoY from ₹1,643 crore in Q2FY26)
  • Interest Income from RERA accounts: ₹156 crore
  • EBITDA: ₹1,060 crore (up 18% YoY from ₹902 crore)
  • EBITDA margin: 46%
  • PAT before JV profits and exceptional items: ₹802 crore (up 35% YoY)
  • Profit from Cyber & Other JV: ₹499 crore
  • PAT after exceptional items: ₹1,301 crore (up 11% YoY from ₹1,171 crore)

Balance Sheet (as of 30.09.2026):

  • Total Assets: ₹78,104 crore
  • Equity/Reserves & Surplus: ₹45,587 crore
  • Current Liabilities: ₹28,648 crore
  • Non-current Liabilities: ₹3,868 crore

Cash Flow (Q2FY27):

  • Operating Cash Surplus after interest & tax: ₹1,858 crore
  • Collection from Sales: ₹2,622 crore
  • Rental Inflow: ₹158 crore
  • Construction outflow: ₹695 crore
  • Dividend outflow: ₹1,980 crore
  • Dividend inflow from DCCDL: ₹420 crore

Key Financial Figures - DCCDL (Consolidated)

Q2FY27 Performance:

  • Rental Income - Office: ₹1,222 crore (up 9% YoY)
  • Rental Income - Retail: ₹259 crore (up 9% YoY)
  • Total Revenue: ₹2,014 crore (up 11% YoY)
  • EBITDA: ₹1,537 crore (up 9% YoY)
  • PAT: ₹752 crore (up 17% YoY)

Balance Sheet (as of 30.09.2026):

  • Total Assets: ₹35,458 crore
  • Equity/Reserves & Surplus: ₹9,787 crore
  • Net Debt: ₹18,420 crore
  • Net Debt to EBITDA: 3.1x
  • Net Debt to GAV: 18%
  • Exit Interest Rate: 7.04%

Business Updates

Development Business:

  • High-quality land bank with 188 msf development potential
  • Surplus cash potential from launched products: ₹42,460 crore
  • Sales booked across projects: ₹87,471 crore total
  • Balance revenue to be recognized: ₹60,134 crore
  • Balance margins yet to be recognized: ₹28,700 crore
  • Medium-term launch pipeline: ~₹58,230 crore sales potential

Annuity Business:

  • Operational portfolio: ~50 msf with 96% occupancy by area
  • Rental income (H1FY27): ₹3,334 crore
  • EBITDA (H1FY27): ₹4,130 crore
  • Medium-term target: ₹10,000 crore rental income
  • Under development: 13 msf
  • Pipeline: 14 msf
  • Development potential: 60 msf

Projects Summary

Key Development Projects (as of 30.09.2026):

  • The Camellias: Sales booked ₹12,335 crore, revenue recognized ₹12,195 crore
  • The Dahlias: Sales booked ₹20,887 crore, revenue recognized ₹0
  • Arbour/Aureva + Privana: Sales booked ₹33,805 crore, revenue recognized ₹0
  • Westpark, Mumbai (JV Project): Sales booked ₹2,313 crore, DLF owns 51% share
  • Balance unsold inventory: ₹10,825 crore

Sustainability Achievements

  • LEED Platinum certification on 98% of portfolio
  • LEED Zero Waste - TRUE Platinum certification (43 buildings)
  • 100% portfolio certified under WELL HSR
  • Wired Score Platinum Certification for 45 buildings
  • 5-Star Certification from Bureau of Energy Efficiency (11 buildings)
  • GRESB 5-Star and Green Star rating achieved

Scheduled Event

Investor/Analyst call scheduled for Saturday, 17th October 2026 at 12:00 Hrs (IST) to discuss Q2FY27 results.