AI Summary
✦ ClarthaDLF is an Indian real estate developer focused on residential housing, commercial offices, and retail properties. Residential development drives sales, while office leasing and malls provide recurring operating income. Weak first-quarter performance pressured sentiment, although anticipated launches could support volumes and improve operating leverage. Revenue fell 1.4% year-on-year, while profit increased only 1.1%, indicating declining margins and limited earnings conversion. ROE stands at 10.1%, with 0.67 debt-to-equity amplifying returns but increasing balance-sheet sensitivity. At 35.7 times earnings, DLF appears rich relative to its modest growth, despite potential recovery in launches. Investors must weigh launch execution and leverage against recurring rental income.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 23 analysts
Fundamentals
Fundamentals institutional score is 49 using EVA spread proxy -1.9%; growth durability 66.7.
Valuation
Valuation institutional score is 69 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 75 using mean target upside 23.5%; dispersion penalty 15.9; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 92 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.
Signal Summary
Market intelligence remains Neutral. valuation and analyst consensus provide support, while fundamentals remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 12.5% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -0.63). Confidence: 84%.
Live forward EPS implies next-12-month EPS of ₹25.56. Applying the stock's normalized valuation corridor produces a fair range of ₹880.54 to ₹1,154.03, with base value near ₹1,043.36 (+58.1% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹25.56
Forward P/E
25.8x
Base Fair Value
₹1,043.36
Fair Range
₹880.54 - ₹1,154.03
Upside To Base
+58.1%
Estimate Source
Live forward EPS
Growth Estimate
+4.2%
5Y Average
32.45
Current
35.71
Overvalued
45.15
Undervalued
34.45
5Y Average
111.53
Current
126.15
Overvalued
144.08
Undervalued
72.00
5Y Average
3.84
Current
3.59
Overvalued
4.42
Undervalued
3.27
Peers & Comparison
Sector: Real Estate
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
LODHA DEVELOPERS LIMITED LODHAReal Estate | +43.1% | 22.7% | 29.4x Undervalued | -29% vs avg | -0.5% |
OBEROI REALTY LIMITED OBEROIRLTYReal Estate | +31.7% | 41.6% | 24.8x Undervalued | -40% vs avg | +10.2% |
GODREJ PROPERTIES LTD GODREJPROPReal Estate | +16.5% | 30.8% | 39.6x Fair | -4% vs avg | +4.0% |
THE PHOENIX MILLS LTD PHOENIXLTDReal Estate | +12.8% | 28.2% | 52.9x Premium | +28% vs avg | +31.9% |
PRESTIGE ESTATE LTD PRESTIGEReal Estate | +15.9% | 8.7% | 60.0x Premium | +45% vs avg | -4.1% |
DLF LIMITED trades in line with peers (36.7x vs avg 41.3x), reflecting a fair valuation within the Real Estate cohort. Peers include LODHA DEVELOPERS LIMITED, OBEROI REALTY LIMITED, GODREJ PROPERTIES LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹257 CrJun 2026Latest net profit
₹65 CrJun 2026Latest EPS
₹0.26Jun 2026Net margin
-45.0%Jun 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 841 | 695 | 797 | 909 | 405 | 904 | 937 | 2,236 | 468 | 647 | 563 | 2,307 | 257 |
| Expenses + | 574 | 484 | 496 | 640 | 496 | 759 | 722 | 1,240 | 482 | 542 | 463 | 763 | 372 |
| Operating Profit | 267 | 210 | 301 | 269 | -90 | 145 | 215 | 996 | -14 | 104 | 100 | 1,544 | -115 |
| OPM % | 32% | 30% | 38% | 30% | -22% | 16% | 23% | 45% | -3.0% | 16% | 18% | 67% | -45% |
| Other Income + | 59 | 101 | 320 | 355 | 198 | 184 | 15 | 823 | 142 | 1,170 | 292 | 1,363 | 223 |
| Interest | 74 | 70 | 66 | 76 | 85 | 82 | 81 | 89 | 63 | 43 | 25 | 8 | 5 |
| Depreciation | 18 | 17 | 17 | 17 | 18 | 18 | 19 | 19 | 15 | 11 | 12 | 31 | 16 |
| Profit before tax | 234 | 224 | 538 | 531 | 5 | 229 | 130 | 1,711 | 49 | 1,219 | 356 | 2,868 | 87 |
| Tax % | 25% | 24% | 14% | 17% | 16% | 16% | 228% | 9% | 19% | 17% | 17% | 16% | 25% |
| Net Profit + | 175 | 169 | 464 | 443 | 4 | 192 | -166 | 1,549 | 40 | 1,013 | 295 | 2,401 | 65 |
| EPS in Rs | 0.71 | 0.68 | 1.87 | 1.79 | 0.02 | 0.78 | -0.67 | 6.26 | 0.16 | 4.09 | 1.19 | 9.70 | 0.26 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome