BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
DLF Ltd.'s sales bookings grew by 2.6 times YoY to Rs 27 billion (estimate Rs 24 billion) in Q4 FY22.
It ended FY22 on a high, with the best ever pre-sales of Rs 73 billion (up 136% YoY).
DLF received a strong response to six million square feet of launches in FY22. The same contributed 63% to total sales, while its Ultra-Luxury Camellias project saw bookings worth Rs 26 billion (77 units, 35% of the total).
DLF plans to launch 7.6 msf/9.2 msf of projects in FY23/FY24, which indicates a continuation in the growth momentum. We expect an 8% compound annual growth rate in pre sales to Rs 85 billion over FY22-24.
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