
News Topical, Digital Desk : Shares of real estate company DLF Limited are trading with a gain of more than 5% on Tuesday, May 20. The company has released the results for the January-March quarter of the financial year 2025 a day earlier. This rise in the stock is being seen after the March quarter results were as per estimates. Earlier, this stock has shown a rise of 17% in the last 7 trading sessions.
DLF's net profit in the March quarter rose 39% to ₹1,282.2 crores in Q4 as against ₹919.82 crores last year. Total income grew 45% to ₹3,347.77 crores while income from operations grew 47% to ₹3,127.58 crores.
During this period, the company's operating profit i.e. EBITDA stood at ₹978.6 crores as against ₹755 crores last year, but gross margin fell to 31.3% as against 35.4% last year. Profit for the full financial year stood at ₹4,366.82 crores, which is more than ₹2,723.53 crores last year.
Dividend also announced Along with the results, the company's board has also announced a dividend of ₹6 per share. These dividends will be issued at a face value of ₹2 per share. The company's luxury project 'The dahlias' booked new sales of ₹13,744 crore in FY25. DLF generated a net cash surplus of ₹5,302 crore in the full year and its net cash position increased to ₹6,848 crore by the end of the year. Will the price cross ₹1000? 24 analysts have included DLF in their coverage list. In this, 21 analysts have set a BUY rating on the stock. At the same time, 3 analysts have advised to HOLD the stock. Out of these, 8 analysts believe that this stock can cross Rs 1,000 per share.
Brokerage | Target Price (per share) |
Jefferies | ₹1,000 |
Axis Capital | ₹1,060 |
JM Financial | ₹1,000 |
Kotak Securities | ₹1,020 |
Elara Capital | ₹1,050 |
ICICIdirect | ₹1,000 |
Nuvama Wealth | ₹1,040 |
YES Research | ₹1,054 |
After the release of March quarter results, global brokerage firm Jefferies has set a target price of Rs 1,000 per share with a BUY rating on the stock. The brokerage firm said that The Dahlias project gave them pre-sales of Rs 2,000 crore and the net profit was the highest in the last 15 years.
Morgan Stanley has set a target price of Rs 910 per share along with setting an Overweight rating on the stock. The brokerage firm said that pre-sales in the financial year 2025 were Rs 21,200 crore. This is 44% more than last year. Nomura has set a target price of Rs 700 per share with a Neutral rating on this stock.
Read More: DLF Share Price: After strong results, the stock jumped 5% today, analyst said - it will cross 1000
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