DLF (NSE:DLF) ROA %: 6.78% (As of Mar. 2026) — 104% Above Median


NSE:DLF DLF Ltd NSE:DLF
87 GF Score
Price ₹621.35
GF Value ₹869.46
Valuation Modestly Undervalued
! 4 Warning Signs
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What is DLF ROA %?

DLF NSE:DLF +0.52% 87 ROA % is 6.78% as of Mar. 2026, which is 104% above its 10-year median of 3.32. 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 1,801 Real Estate companies, DLF ranks better than 84.73% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. DLF's annualized Net Income for the quarter that ended in Mar. 2026 was ₹50,742 Mil. DLF's average Total Assets over the quarter that ended in Mar. 2026 was ₹748,748 Mil. Therefore, DLF's annualized ROA % for the quarter that ended in Mar. 2026 was 6.78%.

The historical rank and industry rank for DLF's ROA % or its related term are showing as below:

NSE:DLF' s ROA % Range Over the Past 10 Years
Min: -0.94   Med: 3.32   Max: 7.05
Current: 6.21

During the past 13 years, DLF's highest ROA % was 7.05%. The lowest was -0.94%. And the median was 3.32%.

NSE:DLF's ROA % is ranked better than
84.73% of 1801 companies
in the Real Estate industry
Industry Median: 1.7 vs NSE:DLF: 6.21

DLF  (NSE:DLF) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=50742.4/748747.7
=(Net Income / Revenue)*(Revenue / Total Assets)
=(50742.4 / 72562.4)*(72562.4 / 748747.7)
=Net Margin %*Asset Turnover
=69.93 %*0.0969
=6.78 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


DLF ROA % Related Terms


DLF ROA % Historical Data

* Premium members only.

The historical data trend for DLF's ROA % 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 ROA % Chart

DLF Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.80 3.83 4.78 6.73 6.12

DLF Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 7.38 4.39 6.85 6.98 6.78

DLF ROA % Competitor Comparison

For the Real Estate - Development subindustry, DLF's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Real Estate Industry

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

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


NSE:DLF
87GF Score
DLF Ltd NSE:DLF
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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DLF ROA % Calculation

DLF's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=44146.8/( (694753.744+748747.7)/ 2 )
=44146.8/721750.722
=6.12 %

DLF's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=50742.4/( (0+748747.7)/ 1 )
=50742.4/748747.7
=6.78 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 6.78% mean?
DLF (NSE:DLF) has a ROA % of 6.78% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on DLF and its competitors. This is 104% above median its historical median of 3.32. According to the industry distribution chart, DLF ranks #275 out of 1801 companies in the Real Estate industry, placing it in the top 15.3%.
Is DLF's ROA % too high?
DLF's current ROA % of 6.78% is 104% above median its 10-year median of 3.32. The Real Estate industry median ROA % is 1.70. DLF's value of 6.78% is 298.8% above this industry median. Based on the distribution chart, DLF ranks #275 out of 1801 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. 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 ROA % compare to competitors?
According to the Real Estate industry distribution chart, DLF ranks #275 out of 1801 companies for ROA %. This places DLF in the top 15% of its industry — outperforming the majority of peers. The industry median ROA % is 1.70. DLF's value of 6.78% is 298.8% above this benchmark. While the company's 10-year median is 3.32 vs. the industry median of 1.70, 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 ROA % for a Real Estate company?
The median ROA % among Real Estate companies is 1.70, based on 1,801 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DLF's current ROA % of 6.78% is 298.8% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on DLF and its competitors. For the Real Estate industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DLF's current ROA % is 6.78%, which is 104% above median its own 10-year median of 3.32. 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 ROA % is 6.78%, which is 104% above median its 10-year median of 3.32 and 298.8% above the Real Estate industry median of 1.70. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For DLF (NSE:DLF), the current ROA % is 6.78% 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:

  • ROA %: 6.78% (104% above median its 10-year median of 3.32)
  • GF Value™: ₹869.46 vs. price of ₹621.35 (28.5% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 298.8% above the Real Estate median (#275 of 1801)

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

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

₹621.35
Price
₹869.46
GF Value