DLF Sets Sales Target of Rs 20,000 Crore for FY27
India's largest real estate developer, DLF, has set its sights on achieving sales of Rs 20,000 crore in the fiscal year 2027. The company plans to launch significant projects in Gurugram, Mumbai, and Goa, with its super-luxury project, The Dahlias, continuing to drive sales.
Key Highlights
- Rs 20,000 crore sales target for FY27 - in line with FY26 sales
- 25 million sq. ft. project launches - with a sales potential of Rs 60,215 crore in the medium term
- The Dahlias - a key sales driver, with sales of Rs 18,569 crore over 18 months
- Zero gross debt in development business - as of FY26
- Rs 14,155 crore net cash surplus - as of FY26
Project Launches and Sales Potential
DLF plans to launch at least two projects in Gurugram, the next phase of its Mumbai project, and a project in Goa. The company expects to achieve Rs 20,000 crore in pre-sales with these projects.
The Dahlias: A Key Sales Driver
The Dahlias, DLF's super-luxury project, has recorded sales of Rs 18,569 crore over 18 months, with 60% of the inventory sold. The project has a total revenue potential of around Rs 42,000 crore.
Financial Performance
DLF reported a net profit of Rs 1,265 crore in Q4 FY26, with new sales bookings of Rs 20,143 crore in FY26. The company ended the year with zero gross debt in its development business and a net cash surplus of Rs 14,155 crore.
Management Statement
"I would still encourage investors not to focus solely on pre-sales as a metric, but also on margins and cash flows. We have a reasonably strong launch pipeline, and The Dahlias continues to be the foundation of our growth prospects," said DLF Managing Director Ashok Kumar Tyagi during the analyst call.