DLF Ltd Eyes ₹22,000 Cr Presales in FY26: A Top Realty Stock to Track
DLF Ltd Eyes ₹22,000 Cr Presales in FY26: A Top Realty Stock to Track
India’s real estate sector continues its upward trajectory, with both residential and commercial segments showing solid momentum. In the first quarter of 2025 alone, around 65,000 new housing units were launched and sold, indicating a well-balanced market. On the commercial front, leasing activity is projected to grow by 3-4% in FY26, potentially reaching 60–61 million sq. ft., fueled by urban expansion and strong demand for office spaces.
Amid this real estate boom, DLF Ltd, a leading realty giant, remains firmly in the spotlight. With a market capitalization of ₹2.09 lakh crore, DLF's stock closed at ₹845.85, reflecting a slight dip of 0.16% from the previous close of ₹847.20.
🔹 Presales Guidance for FY26: ₹20,000–₹22,000 Cr
DLF has maintained an ambitious presales target of ₹20,000–₹22,000 crore for FY26. This reflects the company’s confidence, supported by its consistent outperformance in recent years. Collections are expected to remain steady at ₹1,500 crore per quarter.
Construction costs, which stood at ₹724 crore in Q4 FY25, are forecast to rise to ₹800 crore per quarter, driven by an active pipeline of new project launches.
📈 Strong Financial Growth
In terms of performance, DLF reported a remarkable 47% revenue growth — from ₹2,135 crore in Q4 FY24 to ₹3,128 crore in Q4 FY25. Net profit also rose significantly, by 39%, reaching ₹1,282 crore compared to ₹920 crore during the same period last year.
🏗️ Robust Project Pipeline
DLF has lined up a solid ₹17,000 crore worth of new launches for FY26. Key projects include Privana North, developments in Mumbai, Goa, and Dahlias. Additional projects such as DLF City and IREO are under consideration. However, the management remains focused on current plans, stating, “We’ve got our hands full already with plenty in motion.”
📊 Credit Ratings & CAPEX Plans
In a strong vote of confidence, CRISIL upgraded DLF Cyber City Developers Ltd (DCCDL) to AAA (Stable). ICRA also raised its rating to AA+ (Positive), with further reviews expected soon.
DLF and its associated RentCo entities — including DCCDL and Atrium Place — are set to invest ₹5,000 crore annually in FY26 and FY27. This capital expenditure is aimed at accelerating project execution and managing approval-related costs more efficiently.
🏢 About DLF Limited
DLF Limited is one of India’s oldest and most prominent real estate developers. The company’s operations span the entire real estate lifecycle — from land acquisition to construction and marketing. With a rich legacy and aggressive expansion strategy, DLF continues to shape the landscape of Indian real estate.