DLF Share Price Gains Over 6 Per Cent, Nifty Realty Extends Gains For Fifth Straight Session

DLF Stock News: DLF share price surged over 6 per cent to trade at an intraday high of Rs 782.9 apiece on the NSE on May 20. As DLF shares extended gains, the Nifty Realty index also continued to rally for the fifth straight session as it surged over 1.5 per cent in early trade.

Shares of DLF surged after the company announced its financial results for the quarter and fiscal ended March 31, 2025, on May 19. The company’s top-line and bottom line both witnessed significant year-on-year growth in the quarter and fiscal ended March 31, 2025.

DLF Q4 Results

The realty company’s consolidated net profit for the quarter ended March 31, 2025 grew by over 39 per cent to Rs 1282.2 crore compared to Rs 919.82 crore in March 31, 2024. Sequentially, the realty company’s shares surged 21 per cent from Rs 1058.73 crore in the December quarter of FY 2024-25. For the full fiscal ended March 31, 2025 DLF’s consolidated net profit grew by over 60 per cent to Rs 4,366.82 crore compared to Rs 2,723.53 crore in the preceding fiscal.

The consolidated revenue from operations of the company also grew by over 14 per cent to Rs 3127.58 crore in the March quarter of FY25 compared to Rs 2734.84 crore in the corresponding quarter of the preceding fiscal. On a quarter-on-quarter basis, the company’s consolidated revenue from operations grew by over 104 per cent from Rs 1528.71 crore in the December quarter of FY 2024-25, for the full fiscal the realty company’s revenue from operations grew by over 24 per cent to Rs 7993.66 crore compared to Rs 6427 crore in the preceding fiscal.

DLF’s gross margins stood at 47 per cent in the fourth quarter of FY 2024-25. The Earnings Before Interest Tax Depreciation and Amortisation stood at Rs 1,198 crore in the quarter under review. For the full fiscal ended March 31, 2025 the company’s gross margins stood at 48 per cent and the company’s EBITDA stood at Rs 3,111 crore.

Nifty Realty Gains Over 9 Per Cent

In the last five sessions the Nifty Realty index has rallied over 9 per cent to trade at 947.3 level compared to 866.3 level on May 13. The index has gained amid exuberance in the broader market. The gains made by top constituents of the Nifty Realty index have pushed the index higher. Notably, DLF Ltd is the top constituent of the index by weightage and holds 19.85 per cent weight in the index. DLF shares have rallied for five straight sessions, the stock has gained over 15 per cent in the last five sessions.

Pankaj Kumar, Vice-President Fundamental Research, Kotak Securities told Outlook Money that real estate stocks have seen strong investor interest after the companies reported healthy pre-sales data in Q4FY25.

"Real estate stocks have got interest from the investors as several listed companies have reported healthy pre-sales in Q4FY25. Most of the real estate players are positive on healthy presales growth in FY26 as well on the back of strong launch pipeline and demand for branded players," Kumar said.

Bhavya Shah, head of research , Wallfort PMS told Outlook Money that increasing expectations regarding a rate cut, moderating inflation have also attracted investors towards realty sector stocks.

"Key drivers behind the Nifty Realty Index rally are increasing expectations on rate cut possibility on the backdrop of further moderation in inflation. With retail inflation easing to 3.16 per cent in April 2025 and repo rate cuts total of 50 bps this year 2025 (from 6.5 per cent to 6 per cent), investors anticipate further easing, which boosts home loan affordability and real estate demand," Shah said.

Ajit Mishra the SVP, Research, Religare Broking Ltd told Outlook Money that amid the rally in realty stocks short-term investors can consider the momentum investing approach, and long-term investors can focus on fundamentally strong companies. However Mishra emphasised the importance of risk management amid the volatility in the broader market.

"Amid this outperformance, investors are encouraged to adopt strategies that align with both the prevailing trend and underlying fundamentals. A momentum-based approach may benefit short-term traders looking to capitalize on the ongoing rally in high-performing realty stocks. In contrast, long-term investors should focus on fundamentally strong companies with consistent earnings visibility and healthy booking pipelines. Risk management remains crucial, especially given the volatility in the broader markets," Mishra said.

At the time of writing shares of DLF Ltd traded at Rs 769.25 apiece up by 4.28 per cent on the NSE.