Transcript of Earnings Call for Q4&FY26

DLF Limited reported strong FY26 performance with record collections of INR 13,500 crores (15% YoY growth) and cash surplus of INR 7,700 crores (25% growth). The company achieved zero gross debt in its development business and reported full-year revenue of approximately INR 10,000 crores with 39% gross margin, and net profit of INR 4,256 crores (16% growth). DCCDL contributed revenues of INR 7,400 crores with 38% net profit growth. The Board recommended a dividend of INR 8 per share (33% YoY increase). The rental business achieved 95% occupancy across its 50 million sq ft portfolio and reported 34-35% NOI growth. For FY27, the company guided for INR 20,000 crores in sales bookings with a launch pipeline of similar size, including a large INR 8,000-9,000 crore project in Gurugram. Dahlias super-luxury project continues to drive sales with 32 units sold in Q4 alone.