The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.
Over 4 years profit compounded at 31.0% a year while revenue compounded at 9.4% a year — though FY2025 saw a one-off step-change of 60% (a merger, restructuring or a recovery off a low base), so the compounding is uneven.
Importance 52 / 95 · growth
Over 4 years profit compounded at 31.0% a year while the stock returned 7.7% a year — but FY2022 profit (₹1,500) was well below the through-cycle level (~₹2,724), so this rate is inflated by the recovery from a low base.
Importance 50 / 95 · business vs stock
Operating cash flow has matched or exceeded reported profit in 4 of the last 5 profit-making years (latest 1.44×).
Importance 49 / 95 · cash quality
Classified by the exchange under Consumer Discretionary › Realty › Realty › Residential, Commercial Projects.
Peer set used on this page: 6 residential, commercial projects.
Over 4 years profit compounded at 31.0% a year while revenue compounded at 9.4% a year — though FY2025 saw a one-off step-change of 60% (a merger, restructuring or a recovery off a low base), so the compounding is uneven.
Rule PROFIT_CAGR_VS_REVENUE_CAGR
Revenue has compounded at 9.4% a year over 4 years (₹5,717 → ₹8,194) — steady rather than rapid.
Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.
Q1 FY27 revenue was ₹1,280 cr, down 52.9% from ₹2,717 cr in Q1 FY26 a year earlier.
Rule QTR_REVENUE_GROWTH_YOY
Q1 FY27 EBITDA margin was 37.1%, up 14.01 percentage points from 23.1% a year earlier.
Rule QTR_MARGIN_CHANGED_YOY
Q1 FY27 EBIT was ₹440 cr, down 25.8% from ₹594 cr a year earlier.
Rule QTR_OPERATING_PERFORMANCE_CHANGE_YOY
| Quarter | Revenue | YoY | Net profit | YoY | Net margin |
|---|---|---|---|---|---|
| Q2 FY25 | 1,975 | — | 1,381 | — | 69.9% |
| Q3 FY25 | 1,529 | +0.5% | 1,059 | +61.5% | 69.3% |
| Q4 FY25 | 3,128 | +46.5% | 1,282 | +39.4% | 41.0% |
| Q1 FY26 | 2,717 | +99.4% | 763 | +18.3% | 28.1% |
| Q2 FY26 | 1,643 | −16.8% | 1,180 | −14.6% | 71.8% |
| Q3 FY26 | 2,020 | +32.2% | 1,203 | +13.7% | 59.6% |
| Q4 FY26 | 1,814 | −42.0% | 1,269 | −1.1% | 69.9% |
| Q1 FY27 | 1,280 | −52.9% | 794 | +4.1% | 62.0% |
Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters
EBITDA margin has ranged from 35.9% to 41.3% over 4 years and sits at 37.5% now.
Rule MARGIN_RANGE_MULTIYEAR
Operating cash flow has matched or exceeded reported profit in 4 of the last 5 profit-making years (latest 1.44×).
Rule CFO_CONSISTENTLY_EXCEEDS_PAT
Free cash flow has been positive in 5 of the last 5 years.
Ranked against 6 residential, commercial projects (FY2026, consolidated). No peer-relative rule fired for this company.
DLF · 6th of 6 · set median 14.8%
DLF · 4th of 6 · set median 46.6%
DLF · 4th of 6 · set median 10.5%
DLF · 4th of 6 · set median 33.8×
On the trailing twelve months. Last full year: P/E 37.2× · P/S 16.7× · ROE 10.0%. TTM and full-year revenue differ by more than 15% — a one-off in a recent quarter is moving the trailing figure; weigh it against the full year.
Over 4 years profit compounded at 31.0% a year while the stock returned 7.7% a year — but FY2022 profit (₹1,500) was well below the through-cycle level (~₹2,724), so this rate is inflated by the recovery from a low base.
Rule STOCK_LAGGED_EARNINGS · recovery
Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.
Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.
The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.
| Metric | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 5,717 | 5,695 | 6,427 | 7,994 | 8,194 |
| Total income | 6,138 | 6,012 | 6,958 | 8,996 | 9,816 |
| EBITDA | 2,163 | 2,043 | 2,655 | 3,111 | 3,070 |
| Profit before tax | 1,165 | 1,502 | 2,151 | 2,261 | 2,932 |
| Net profit | 1,500 | 2,034 | 2,724 | 4,367 | 4,415 |
| EPS (₹) | 6.1 | 8.2 | 11.0 | 17.6 | 17.8 |
| Net worth | 36,382 | 37,692 | 39,432 | 42,550 | 45,473 |
| Total debt | 3,960 | 3,334 | 4,834 | 4,103 | 45 |
| Operating cash flow | 2,832 | 2,375 | 2,539 | 5,235 | 6,347 |
| Free cash flow | 2,684 | 2,321 | 3,166 | 5,140 | 6,231 |
| Ratio | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth YoY | — | -0.4 | 12.9 | 24.4 | 2.5 |
| Profit growth YoY | — | 35.6 | 33.9 | 60.3 | 1.1 |
| Profitability | |||||
| EBITDA margin % | 37.8 | 35.9 | 41.3 | 38.9 | 37.5 |
| Net margin % | 24.4 | 33.8 | 39.1 | 48.5 | 45.0 |
| Return on equity % | 4.1 | 5.5 | 7.1 | 10.7 | 10.0 |
| Return on capital % | 5.0 | 4.7 | 5.9 | 6.5 | 6.4 |
| Leverage & cash | |||||
| Debt to equity | 0.11 | 0.09 | 0.12 | 0.10 | 0.00 |
| Cash flow ÷ profit | 1.89 | 1.17 | 0.93 | 1.20 | 1.44 |
| Current ratio | 2.29 | 2.31 | 2.34 | 1.86 | 1.59 |