DLF Aims for Rs 20,000-22,000 Cr Sales Target in FY26, Plans Major Launches

DLF, India's leading real estate developer, sets an ambitious sales target of Rs 20,000-22,000 crore for FY26. The company plans to launch significant projects in Mumbai, Goa, and Gurgaon, driven by a robust housing demand and strong financial performance.

DlfReal EstateSales TargetProperty LaunchesFinancial PerformanceReal Estate MumbaiMay 20, 2025

DLF Aims for Rs 20,000-22,000 Cr Sales Target in FY26, Plans Major Launches
Real Estate Mumbai:DLF, India's largest real estate developer, has set an ambitious sales target of Rs 20,000-22,000 crore for FY26. This projection is driven by the company's plans to launch 29 million square feet of new projects, which have a sales potential of Rs 73,900 crore. DLF intends to launch these projects in key cities like Mumbai, Goa, and Gurgaon.

During the FY25 investors' call, DLF's executives highlighted the company's robust financial performance across various metrics. Ashok Kumar Tyagi, Managing Director of DLF, stated, “Be it sales, collections, cash flow, net debt, profitability, or rentals, it's been an extremely strong performance across the board. We have crossed over to the double-digit mark in return on equity and hope to keep improving year to year in this space.”

DLF reported new sales bookings of Rs 21,223 crore, surpassing the initial guidance of Rs 17,000-18,000 crore for FY25. Aakash Ohri, Joint Managing Director and Chief Business Officer at DLF Homes, emphasized the strong housing demand in Gurgaon, noting, “Gurgaon has become a solid investment option, with demand for both sales and rentals. Many people are investing in DLF real estate as an asset class, and NRIs and buyers from other parts of India are also showing significant interest.”

DLF's financial performance for FY25 was impressive. The company reported a net profit of Rs 1,268 crore, reflecting a year-on-year (Y-o-Y) growth of 37%. For the full year, DLF’s consolidated revenue stood at Rs 8,996 crore, with a net profit of Rs 4,357 crore, marking a Y-o-Y growth of 59%. The company's entry into the Mumbai market, which was delayed, is now expected to happen in the current financial year.

While Mumbai is an attractive market, Tyagi clarified that the company's focus will remain on the National Capital Region (NCR). He said, “While Mumbai interests us, our center of gravity will remain NCR. NCR is one of the deepest and widest markets in the country.” DLF had planned to launch 37 million square feet of projects with a sales potential of Rs 1,14,500 crore from FY25 onwards. They have already launched 35% in FY25 and plan to launch about 15% in FY26.

Tyagi further explained the company's internal metrics, stating, “We internally focus on free cash flow and embedded margins. We aim to generate embedded margins in the five-figure range annually.” DLF Cyber City Developers Limited, the company’s rental arm, reported a consolidated revenue of Rs 6,448 crore for FY25, with an EBITDA of Rs 4,949 crore, reflecting a Y-o-Y growth of 11%. The consolidated profit for the year stood at Rs 2,461 crore, marking a Y-o-Y growth of 46%.

DLF's strategic focus on key markets and its robust financial performance position the company well to achieve its ambitious sales targets and continue its growth trajectory. The company's plans for major launches in Mumbai, Goa, and Gurgaon are expected to drive significant demand and further strengthen its market position.

Frequently Asked Questions

What is DLF's sales target for FY26?

DLF has set a sales target of Rs 20,000-22,000 crore for FY26.

Which cities is DLF planning to launch projects in?

DLF plans to launch projects in Mumbai, Goa, and Gurgaon.

What is the sales potential of DLF's planned projects?

The sales potential of DLF's planned projects is Rs 73,900 crore.

How did DLF perform in FY25?

DLF reported a net profit of Rs 1,268 crore, reflecting a Y-o-Y growth of 37%, and a consolidated revenue of Rs 8,996 crore for FY25.

What is DLF's focus in terms of market geography?

While DLF is entering the Mumbai market, its center of gravity will remain in the National Capital Region (NCR).

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