Moneycontrol
Get App
SENSEX NIFTY
you are here:

DLF Ltd.

BSE: 532868 | NSE: DLF |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE271C01023 | SECTOR: Construction & Contracting - Real Estate

Success
Alert
Please select a Day.
Info

BSE Live

Feb 25, 16:00
216.95 4.75 (2.24%)
Volume
AVERAGE VOLUME
5-Day
583,030
10-Day
674,756
30-Day
637,103
312,222
  • Prev. Close

    212.20

  • Open Price

    215.00

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Feb 25, 15:58
216.75 4.25 (2.00%)
Volume
AVERAGE VOLUME
5-Day
8,057,593
10-Day
7,436,077
30-Day
8,740,132
8,778,643
  • Prev. Close

    212.50

  • Open Price

    213.00

  • Bid Price (Qty.)

    216.75 (4040)

  • Offer Price (Qty.)

    0.00 (0)

Annual Report

For Year :
2019 2018 2017 2016 2015 2014 2013 2012 2011

Chairman's Speech

Message from the Chairman

Dear Shareholders,

India is entering an era of great opportunities. With a new government in place with a stable majority and visionary leadership, the country is potentially on the threshold of a historic leap forward. However, this calls for rapid reforms and innovative policies aimed at enabling businesses to grow and jobs to be generated on a massive scale.

The most effective strategy to overcome many of the most daunting challenges being faced by the economy would be to harness the unique advantages of the real estate development sector, which in my opinion will not only act as a catalyst of growth in over 250 ancillary industries but will also create employment opportunities across the skills spectrum.

Within the real estate industry, companies that have equipped themselves to adapt to and embrace the changing market dynamics will be the only ones which can seize the opportunities that forge ahead.

Your Company had anticipated these much in advance, have effectively positioned DLF to fully reap the benefits of the opportunities that overall economic resurgence will open up.

As part of the process of preparing for the new era of growth, DLF during the year gone by, successfully completed the Qualified Institutions Placement of Rs,3,173 crore of equity coupled with infusion of Rs,11,250 crore by the promoters. This has transformed the balance sheet significantly and DLF has almost achieved its goal of being zero net debt in its development business.

The Company will leverage the advantages of focusing on monetization of the finished inventory, by utilizing the surplus cash flows primarily for debt reduction and the balance cash surplus will be utilized by the Company to both reward its shareholders as well as to re-invest in development of new projects for both sale and lease business. The Company is confident that investment in the new development pipeline shall achieve desired returns.

Your Company continues to dedicate itself to contribute to the community. Our efforts touch many lives through various programmes in the field of education, health care, skill development and senior citizen care.

We have also taken a major philanthropic initiative to develop a project for establishment of an Institute for imparting and sharing knowledge of Art, Culture, Spirituality, Healthy living and Ethical Leadership based on India’s ancient Vedic Philosophy.

I would like to thank all shareholders, employees, customers and business associates, for their valuable support and look forward to continued encouragement in our mission of Building India.

On behalf of my fellow Directors and DLF Corporate family, I renew our pledge to remain committed towards building a new India.

With best wishes, Sincerely,

(Dr. K.P. Singh)

26 June 2019 Chairman