DLF Shareholders Approve FY26 Financial Results, Dividend and Director Re-Appointments at 61st AGM
DLF Shareholders Back FY26 Results and Dividend at 61st AGM
DLF Limited shareholders approved the company's audited financial statements for the financial year ended March 31, 2026, along with a dividend declaration and the re-appointment of two directors, during its 61st Annual General Meeting held on August 3, 2026.
The meeting, chaired by Chairman Rajiv Singh, concluded with all five resolutions passing with requisite majorities, underscoring strong shareholder confidence in DLF's performance, which saw new sales bookings reach ₹20,143 crore and a net profit of ₹4,408 crore in FY26.
Strong Shareholder Participation
The high level of shareholder participation, with over 93% of outstanding shares polled, reflects significant investor engagement. The re-appointment of directors Ashok Kumar Tyagi and Pia Singh, and ratification of cost auditor remuneration, saw all resolutions passing with over 99% support.
Dividend and Financial Performance
The board has recommended a dividend of ₹1,980 crore for FY26, up 33 percent from the FY22 level of ₹743 crore, subject to shareholder approval. This marks a significant increase in returns to shareholders as the company strengthens its balance sheet.
Reporting FY26 PAT of ₹4,256 crore before exceptional items—a 16 percent year-on-year improvement—and collections of ₹13,517 crore (up 15 percent), DLF closed its financial year with a net cash position of ₹14,155 crore at the DLF Limited level.
Balance Sheet Strength
Over five years, PAT has nearly tripled from ₹1,513 crore in FY22 to ₹4,408 crore, surplus cash has grown from ₹2,400 crore to ₹7,746 crore, and net cash has moved from negative ₹2,680 crore to positive figures. The annualised exit rental run rate was ₹7,400 crore as of year-end.
Development and Annuity Segments
Chairman Rajiv Singh highlighted that DLF delivered a strong performance across both its development and annuity segments in Fiscal 2026. The company remains confident in achieving its business goals while maintaining a cautious approach toward macroeconomic developments.
DLF maintains 60,000 crore of sales potential across luxury and super-luxury projects yet to be released. The near-unanimous approval of the financial statements and dividend declaration signals confidence in DLF's strategic direction and financial health as it enters its 81st year.
About DLF
Founded in 1946 by Chaudhary Raghvendra Singh, DLF started with the creation of 22 urban colonies in Delhi. With more than 75 years of real estate investment, development, and management experience, DLF has an unparalleled scale of delivery and an unmatched track record of customer-centric service excellence in India. Today, DLF is the largest publicly listed real estate company in India, with residential, commercial, and retail properties in 15 states and 24 cities.