DLF Q4 net flat, revenue slips 42%; new bookings at ₹20,143 cr, declares dividend

The company has recommended a dividend of ₹8 per equity share of face value ₹2 for FY2025-26, translating into a 400% payout. Shares of DLF Ltd ended at ₹577.75, up by ₹8.70, or 1.53%, on the BSE today, May 13.

Realty major DLF Ltd on Wednesday (May 13) reported a flat bottomline with net profit down 1.1% year-on-year at ₹1,268.6 crore for the fourth quarter, compared with ₹1,282.2 crore in Q4FY25.

Revenue fell 42% year-on-year to ₹1,814 crore from ₹3,128 crore in the same period a year ago. EBITDA declined 58% year-on-year to ₹411 crore from ₹978 crore, while margins sharply contracted to 22.6% versus 31.3% a year ago.

For FY26, consolidated revenue stood at ₹10,174 crore, gross margins at 39%, EBITDA at ₹3,070 crore, and net profit at ₹4,256 crore (before exceptional items), marking a YoY growth of 16%. The company also reported record net cash surplus generation of ₹7,746 crore, up 25% year-on-year.

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DLF Cyber City Developers Ltd posted consolidated revenue of ₹7,393 crore for FY26, with EBITDA at ₹5,718 crore and net profit at ₹2,726 crore (before exceptional items), reflecting a 38% YoY growth.

New sales bookings for FY26 stood at ₹20,143 crore, supported by strong demand across key projects, including DLF Privana North in Gurugram, which generated over ₹11,000 crore in bookings, DLF Westpark in Mumbai with over ₹2,300 crore, and The Dahlias with more than ₹4,800 crore.

The company’s rental portfolio is around 50 million square feet, operating at an occupancy level of 95%. It also stated a continued focus on capital deployment for long-term annuity growth.

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The company has recommended a dividend of ₹8 per equity share of face value ₹2 for FY 2025-26, translating into a 400% payout. The dividend recommendation is subject to the approval of shareholders. This represents a 33% year-on-year increase in dividend payout over the previous year.