DLF Limited

DLF Ltd. – Real Estate Giant Building Back Strong!

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DLF Ltd., India’s premier real estate developer, is making a strong comeback both fundamentally and technically. With encouraging Q4 earnings and positive market sentiment, this stock could be poised for its next leg upward 📊

📈Technical Analysis:

Since 2020, DLF has steadily climbed from the ₹120–₹130 range and touched a high of ₹968 in April 2024. A healthy correction followed, with the stock bottoming out at ₹600 in April 2025, which has now become a strong demand zone.

Following the Q4 FY24 results announced on 19th May 2025, DLF saw a 5% jump in just two sessions (19th & 20th May), indicating revived buying interest. A bullish signal from the 200 EMA was also triggered on 20th May 2025.

Currently, the stock is testing the ₹780–₹790 resistance zone. If it breaks above ₹792 and sustains with bullish confirmation:

🎯Target 1: ₹896
🎯Target 2: ₹968 (previous high)

🔻Key support zone: ₹600–₹650
If this zone is broken, caution is advised as further downside could follow.

💰Q4 FY24 Key Financial Highlights:
  • Total Income: ₹3,128 Cr (vs ₹1,529 Cr in Q3 FY24 and ₹2,135 Cr in Q4 FY23)
  • Total Expenses: ₹2,150 Cr (vs ₹1,129 Cr in Q3 FY24 and ₹1,381 Cr in Q4 FY23)
  • Total Operating Profits: ₹978 Cr (vs ₹400 Cr in Q3 FY24 and ₹754 Cr in Q4 FY23)
  • Profit Before Tax: ₹1,053 Cr (vs ₹174 Cr in Q3 FY24 and ₹802 Cr in Q4 FY23)
  • Profit After Tax: ₹1,282 Cr (vs ₹1,059 Cr in Q3 FY24 and ₹920 Cr in Q4 FY23)
  • Diluted Normalized EPS: ₹5.18 (vs ₹4.28 in Q3 FY24 and ₹3.72 in Q4 FY23)

📌The numbers reflect consistent growth across all metrics, with sharp improvements over both sequential and YoY quarters — signaling strong operational and financial execution.

🔍Fundamental Highlights (as of May 2025):

Record-breaking net profit and strong pre-sales (₹12,000+ Cr) highlight robust demand in luxury and mid-premium segments.

Significant launches in Gurugram, Mumbai, and Chennai lifted booking volumes.

Debt reduction continues — maintaining a low debt-to-equity ratio, enhancing financial resilience.

Real estate as a sector is benefiting from stable interest rates and sustained urban housing demand.

🧭Conclusion:

With solid Q4 earnings, a bullish technical setup, and robust fundamentals, DLF Ltd. is clearly showing signs of strength. If the stock crosses and holds above ₹790, we could see a quick move toward ₹900–₹968 levels in the coming weeks.

📌Keep a close watch — this real estate bellwether might just be building the next breakout!

Disclaimer: lnkd.in/gJJDnvn2

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