DLF Share Price Today

DLF Ltd. was founded in 1963, began developing residential colonies in Delhi, such as Krishna Nagar, in 1949. After the Delhi Development Act in 1957, the state took control of real estate development, leading to restrictions on private real estate. DLF began acquiring land outside the Delhi Development Authority, particularly in Gurgaon, Haryana. Their first landmark project was DLF Qutab Enclave, which has evolved into DLF City, covering over 3,000 acres in Gurgaon. In 1996, the company expanded into group housing projects, Grade A office spaces, organised retail complexes, and DLF Cyber City Gurgaon. In 2012, they started an expressway project and a multilevel parking facility.

In 2014, DLF issued India's first Commercial Mortgage Backed Security (CMBS) of ₹525 crore. Presently, DLF Cybercity Chennai, Kolkata, Bhubaneswar, and similar enclaves are in operation. The history of the coal share price in India is marked by swings brought about by a number of variables, including changes in the global energy landscape, regulatory actions, and market demand. The DLF share price history in India is marked by swings brought about by a number of variables, including changes in the global energy landscape, regulatory actions, and market demand.

Key Personnel of DLF Ltd.

The company has appointed Ashok Kumar Tyagi and Devinder Singh as managing directors. Mr. Rajiv Singh, Chairman, has over 35 years of experience in the real estate industry and has led the company to growth from ₹15.5 million in 2007 to ₹29,000 million in 2019. Ashok Kumar Tyagi has worked in business planning, budgeting, project monitoring, audits, document control, and has previously worked as the company's CFO.

Mr. Rajiv Singh, a graduate engineer trainee, joined the company in 1985 and became a full-time director on December 1, 2017. He previously managed the entire North region, including Gurgaon, the Tri-City region, Punjab, and Himachal Pradesh.

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Financial Highlights of DLF Ltd.

Some of DLF's most notable financial achievements during the previous several years include the following:

It is India's biggest real estate developer by market capitalisation.
Over the course of FY 2020–21 and FY 2022–23, the company's net profit nearly quadrupled.
However, the corporation had annual negative net cash flows from FY 2019–20 until FY 2022–2023.
The company's current ratio as of September 18, 2023, is 2.26, which is high, while its quick ratio is only 0.53.

Mergers and Acquisitions of DLF Ltd.

For about ₹35 crore, the DLF Group purchased a 100% stake in 35 Indian firms during the year that concluded on March 31, 2022.
DLF Phase-IV Commercial Developers Limited, DLF Residential Builders Limited, DLF Real Estate Builders Limited, and DLF Utilities Limited's real estate undertaking amalgamated with the business in FY 2022.
A scheme of amalgamation between DLF Property Developers Ltd., Genisys Property Builders & Developers Pvt. Ltd., and Ghaliya Builders & Developers Pvt. Ltd. (Transferor Companies) and DLF Luxury Homes Limited (Transferee Company) was authorised by the Honourable NCLT, Chandigarh, in 2021.
DLF's subsidiary, DLF Home Developers Ltd, purchased a further 50% stake in Delanco Real Estate Pvt. Ltd. and a 50% interest in Design Plus Architecture Pvt. Ltd. in FY 2010–11.