DLF’s sales bookings drop in FY26
Bengaluru: Real estate firm DLF Ltd on Wednesday reported a 5% year-on-year decline in sales bookings in fiscal 2026. ₹20,143 crore against ₹21,223 crore in FY25.
But Gurugram-based developer met sales guidance ₹20,000-22,000 crore for the year.
The company’s net profit increased by around 1 percent ₹4,408.34 crore during the period, while revenue from operations increased by 2.5% y-o-y. ₹8,194.02 crore.
People also ask:
AI-powered insights from this story
•5 QUESTIONS
DLF’s sales bookings for fiscal 2026 fell 5% year-on-year to ₹20,143 crore. This figure met the company’s sales target of Rs 20,000-22,000 crore this year.
DLF’s net profit rose nearly 1% to ₹4,408.34 crore in FY26, while revenue from operations rose 2.5% year-on-year to ₹8,194.02 crore.
Sales were driven by projects like Privana North in Gurugram with bookings of over ₹11,000 crore, DLF Westpark in Mumbai with sales of ₹2,300 crore and The Dahlias with sales of around ₹4,800 crore in Gurugram.
DLF ended FY26 with a strengthened balance sheet, achieving zero gross debt position and net cash surplus of ₹14,155 crore in its development business.
In the January-March quarter of the financial year, DLF’s net profit fell 2.3% year-on-year to ₹1,265 crore, while revenue from operations fell 42% to ₹1,814 crore.
The sales were driven by key projects and launches, including Privana North and Gurugram, a luxury project where bookings took 100+ hours. ₹11,000 crore. He also launched his first project in Mumbai, DLF Westpark. ₹2,300 crore sales. Bookings for ultra-luxury project Dahlias in Gurugram are approx. ₹4,800 crore.
“The company ended the year with a strengthened balance sheet, including a zero gross debt position in its development business and a net cash surplus of TL 200 million. ₹14,155 crore,” DLF said in a statement.
“With an established launch pipeline ahead of us, we are well positioned to capitalize on this sustained demand momentum through a calibrated and value-adding strategy and remain confident in achieving our stated medium-term objectives,” the company added.
In the January-March quarter, DLF’s net profit decreased by 2.3% year on year. ₹1265 crore. Revenue from operations dropped 42% ₹1814 crore during this period.
Total revenue also fell ₹2,093.82 crore in the fourth quarter of 2025-26 ₹3,347.77 crore in the same period in the previous year, according to a regulatory filing.
DLF competes with Godrej Properties Ltd, Prestige Estates Projects Ltd and Lodha Developers Ltd in the housing sector, which has seen an acceleration in sales since the pandemic.
The country’s four leading real estate developers collectively aimed to intersect. ₹1 trillion housing sales reservations In FY26. They reported cumulative sales ₹1.05 trillion is a milestone that marks the strongest year ever for branded players.
Godrej Properties reported ₹Lodha recorded sales of 34,171 crore in FY26 ₹20,530 crore, Prestige Estates recorded ₹30,024 crore and DLF secured ₹20,143 crore in sales bookings.
In FY25, four developers achieved total sales of approx. ₹85,190 crore. Sales momentum is expected to continue this year.
big turning point
Prashant Thakur, managing director and head of research and consultancy at Anarock Property Consultants, said residential sales last year were driven by sales of luxury and premium homes in major cities.
“…customers remained loyal to Class A, the branded developers, giving the top four developers a strong advantage over the others,” he added.
However, Thakur is skeptical about the sales momentum continuing at the same level across the industry due to the increase in construction costs, labor availability and the amount of housing stock in the market.
“In a turbulent market, these four developers will greatly increase sales and influence customer sentiment going forward,” he added.
