Management is confident of achieving the annual revenue outlook of Rs 17,500 crore for 2024-25, supported by a strong pipeline of launches in the second half of the current financial year. The company has led a launch pipeline with an estimated GDV of Rs 42,000 crore in 2024-25. It also aims to launch its luxury projects (The Darius, DLF 5, Privana 3) in the fourth quarter of 2024-25 and drive pre-order sales. The company maintains an excellent track record and has developed 178 projects. In terms of size, there is a potential development of 220 million square feet (msf) in the residential and commercial sectors combined. The country benefits from a vibrant real estate market driven by factors such as increasing urbanization, demographic changes, aspirational lifestyles and economic growth within the country.
Increased demand for housing, expected growth in sustainable workplaces, population growth and rising income levels are further accelerating growth in this sector. Policy interventions like RERA, increasing demand for larger homes and consumer preference for luxury segments are driving the housing segment, while increasing demand for quality workplaces and expansion of global capability centers. supports the office segment.
Meanwhile, the retail sector is growing due to aspirational lifestyles, the entry of foreign retailers, increased consumption and demand for high-quality malls. Management continues to take strategic steps to strengthen its business units. The development business focuses on developing products that exploit multiple geographies and generate profits. Regarding the rental business, we are expanding our portfolio through organic growth in both the office and retail sectors. Management expects occupancy rates for DCDL's (DLF Group Company) office portfolio to improve sharply from 2024 to the second half of 2025.
A strong land bank with high potential, a strong pipeline of new products across both development and leasing businesses, a strong balance sheet, and consistent cash flow generation make it an important base for the company. A recent HDFC Securities report cited strong sectoral trends, industry-wide consolidation, record-low inventories in core markets, increasing demand for branded luxury goods and pension portfolio expansion as key growth drivers. There is. The company's stock has outperformed market benchmarks. The BSE Sensex returned 22.5% while it returned 35.6% in the past one year. How to select: Select stocks with the largest increase in Consensus Analyst Rating over the past three months. The consensus rating is obtained by averaging all analyst recommendations after weighting each analyst recommendation (1 = strong buy, 2 = buy, 3 = hold, 4 = sell). , 5 is a strong sell). An improvement in the analyst consensus rating indicates that analysts are becoming more bullish on the stock. Only stocks covered by five or more analysts are considered. You can see similar consensus analyst rating changes over the past week in the ETW 50 table.
