DLF (NSE:DLF) EBITDA Margin %: 39.60% (As of Mar. 2026) — 11% Above Median


NSE:DLF DLF Ltd NSE:DLF
87 GF Score
Price ₹621.35
GF Value ₹869.46
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is DLF EBITDA Margin %?

DLF NSE:DLF +0.52% 87 EBITDA Margin % is 39.60% as of Mar. 2026, which is 11% above its 10-year median of 35.64. GuruFocus rates NSE:DLF with a GF Score™ of 87/100 and a GF Value™ of ₹869.46 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,746 Real Estate companies, DLF ranks better than 66.44% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. DLF's EBITDA for the three months ended in Mar. 2026 was ₹7,184 Mil. DLF's Revenue for the three months ended in Mar. 2026 was ₹18,141 Mil. Therefore, DLF's EBITDA margin for the quarter that ended in Mar. 2026 was 39.60%.


DLF  (NSE:DLF) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


DLF EBITDA Margin % Related Terms


DLF EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for DLF's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DLF EBITDA Margin % Chart

DLF Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.10 35.47 42.07 35.13 39.95

DLF Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.31 23.13 69.23 39.06 39.60

DLF EBITDA Margin % Competitor Comparison

For the Real Estate - Development subindustry, DLF's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DLF EBITDA Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, DLF's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where DLF's EBITDA Margin % falls into.


NSE:DLF
87GF Score
DLF Ltd NSE:DLF
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DLF EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

DLF's EBITDA Margin % for the fiscal year that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=32733/81940.2
=39.95 %

DLF's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=7184.1/18140.6
=39.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 39.60% mean?
DLF (NSE:DLF) has a EBITDA Margin % of 39.60% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on DLF and its competitors. This is 11% above median its historical median of 35.64. Over the past decade, DLF's EBITDA Margin % has ranged from 32.64 to 178.26. According to the industry distribution chart, DLF ranks #586 out of 1746 companies in the Real Estate industry, placing it in the top 33.6%.
Is DLF's EBITDA Margin % too high?
DLF's current EBITDA Margin % of 39.60% is 11% above median its 10-year median of 35.64. Over the past 10 years, this metric has ranged from a low of 32.64 to a high of 178.26. The Real Estate industry median EBITDA Margin % is 21.77. DLF's value of 39.60% is 81.9% above this industry median. Based on the distribution chart, DLF ranks #586 out of 1746 companies in the Real Estate industry, which is above the industry midpoint. Overall, DLF has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DLF's EBITDA Margin % compare to competitors?
According to the Real Estate industry distribution chart, DLF ranks #586 out of 1746 companies for EBITDA Margin %. This puts DLF in the upper half of its industry. The industry median EBITDA Margin % is 21.77. DLF's value of 39.60% is 81.9% above this benchmark. Historically, DLF's own EBITDA Margin % has ranged from 32.64 to 178.26 over the past decade. While the company's 10-year median is 35.64 vs. the industry median of 21.77, DLF has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Real Estate company?
The median EBITDA Margin % among Real Estate companies is 21.77, based on 1,746 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DLF's current EBITDA Margin % of 39.60% is 81.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on DLF and its competitors. For the Real Estate industry, the median EBITDA Margin % is 21.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DLF's current EBITDA Margin % is 39.60%, which is 11% above median its own 10-year median of 35.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DLF stock overvalued right now?
Based on GuruFocus' analysis, DLF (NSE:DLF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹869.46, compared to a current price of ₹621.35 — trading 28.5% below its estimated fair value. The current EBITDA Margin % is 39.60%, which is 11% above median its 10-year median of 35.64 and 81.9% above the Real Estate industry median of 21.77. DLF's overall GF Score™ is 87/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For DLF (NSE:DLF), the current EBITDA Margin % is 39.60% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DLF (NSE:DLF) Overvalued in 2026?

Based on GuruFocus' analysis, DLF stock appears to be undervalued. The current stock price of ₹621.35 is trading 28.5% below its estimated GF Value™ of ₹869.46. GuruFocus considers DLF to be Modestly Undervalued.

Key valuation signals for NSE:DLF:

  • EBITDA Margin %: 39.60% (11% above median its 10-year median of 35.64)
  • GF Value™: ₹869.46 vs. price of ₹621.35 (28.5% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 81.9% above the Real Estate median (#586 of 1746)

No single metric tells the full story. See the NSE:DLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DLF Business Description

Other Exchanges 532868:India
Address DLF Gateway Tower, R Block, DLF City, Phase - III, Gurugram, HR, IND, 122 002
DLF Ltd is a general real estate company. The company's development business majorly focuses on developing and selling residential real estate. This includes plotted developments, houses, villas, and apartments of varying sizes and integrated townships, with a focus on high-end, luxury residential developments. DLF's business also consists of commercial and shopping complexes. The company considers merger and acquisition investment as a potential component of its operational growth strategy.
87GF Score

Get the complete analysis for NSE:DLF

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹621.35
Price
₹869.46
GF Value