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 | 4,054 | 3,979 | 3,243 | 4,482 | 3,984 |
| Total income | 4,657 | 5,173 | 4,078 | 6,001 | 6,740 |
| EBITDA | 2,423 | 3,135 | 1,883 | 2,788 | 4,487 |
| Profit before tax | 1,675 | 2,739 | 1,527 | 2,075 | 4,491 |
| Net profit | 1,335 | 2,311 | 1,251 | 1,580 | 3,748 |
| EPS (₹) | 5.4 | 9.3 | 5.0 | 6.4 | 15.1 |
| Net worth | 27,230 | 28,804 | 29,065 | 29,407 | 31,588 |
| Total debt | 3,687 | 3,116 | 3,358 | 3,252 | 0 |
| Operating cash flow | 1,855 | 1,593 | 1,090 | 4,694 | 6,073 |
| Free cash flow | 1,707 | 1,548 | 1,071 | 4,636 | 6,057 |
| Ratio | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth YoY | — | -1.8 | -18.5 | 38.2 | -11.1 |
| Profit growth YoY | — | 73.0 | -45.9 | 26.3 | 137.2 |
| Profitability | |||||
| EBITDA margin % | 59.8 | 78.8 | 58.1 | 62.2 | 112.6 |
| Net margin % | 28.7 | 44.7 | 30.7 | 26.3 | 55.6 |
| Return on equity % | 4.9 | 8.2 | 4.3 | 5.4 | 12.3 |
| Return on capital % | 7.6 | 9.7 | 5.6 | 8.3 | 13.8 |
| Leverage & cash | |||||
| Debt to equity | 0.14 | 0.11 | 0.12 | 0.11 | 0.00 |
| Cash flow ÷ profit | 1.39 | 0.69 | 0.87 | 2.97 | 1.62 |
| Current ratio | 1.77 | 2.01 | 2.38 | 1.72 | 1.38 |