L&T Finance
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L&T Finance share price

L&T Finance Ltd.

NSE: LTF BSE: 533519 SECTOR: Finance - NBFC  277k   1k   281

136.30
-1.60 (-1.16%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 138.35

Today's Low

₹ 136.05

52 Week High

₹ 194.2

52 Week Low

₹ 134.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and sound margins.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 33996.89 Cr.

Advances

₹ 81359.39 Cr.

No. of Shares

249.43 Cr.

P/E

13.34

P/B

1.42

Face Value

₹ 10

Div. Yield

1.83 %

Book Value (TTM)

₹  96.27

Operating Revenue

₹ 13574.43 Cr.

Net Profit

₹ 2286.23 Cr.

Promoter Holding

66.29 %

EPS (TTM)

₹  10.22

Sales Growth

5.24

ROE

10.33 %

ROCE

8.22%

Profit Growth

19.08 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Index Presence

The company is present in 24 Indices.

NIFTYMIDCAP

NIFTY Midcap 100
57189.75
  209.949999999997 (0.368463911772232%)

NFTFINSEREXBNK

Nifty Financial Services Ex-Bank
25335.75
  83.5499999999993 (0.330862261505915%)

NIFTY500

Nifty 500
22357.15
  -88.0499999999993 (-0.392288774437288%)

NIFTYMIDCAP150

Nifty Midcap 150
21109.25
  37.4000000000015 (0.177487975664214%)

NIFTYMIDSMALL400

Nifty MidSmallcap 400
19912.05
  -8.95000000000073 (-0.0449274634807484%)

NIF500LGMIDSML

Nifty500 LargeMidSmall Equal-Cap Weighted Index
17546.85
  -46.3000000000029 (-0.263170609015462%)

MIDCAP50

Nifty Midcap 50
16030.35
  110.950000000001 (0.696948377451423%)

NFTMIDSMLFINSER

Nifty MidSmall Financial Services
15873.9
  33.8999999999996 (0.214015151515157%)

NY500MUL50:25:25

Nifty500 Multicap 50:25:25
15763.75
  -52.2000000000007 (-0.330046566915054%)

NIFTYLGEMID250

NIFTY LargeMidcap 250
15704.55
  -26.75 (-0.170043162357847%)

NFT500EQUAL

Nifty 500 Equal Weight
14134.85
  -50.3999999999996 (-0.35529863766941%)

NIFTY200

Nifty 200
13408.85
  -50.8999999999996 (-0.378164527572944%)

NIFTYTOTALMCAP

NIFTY Total Market
12619.1
  -52.6999999999989 (-0.415884089079677%)

NIFTYHIGHBETA

Nifty High Beta 50
3524.6
  -23.8000000000002 (-0.670724833727887%)

NIFTYFULLMIDCAP100

NIFTY FULL MIDCAP 100
5987.56
  -42.7999999999993 (-0.709742038617911%)

MIDCAP

S&P Bse Mid Cap
46386.35
  60.7699999999968 (0.131180224834737%)

BSE500

S&P Bse 500
35178.37
  -113.049999999996 (-0.320332817438329%)

MID150

S&P Bse 150 MidCap
15940.94
  42.1200000000008 (0.264925321501863%)

S&P MIDSMLCAP

S&P Bse MidSmallCap
13528.01
  14.5300000000007 (0.107522266655224%)

MSL400

S&P Bse 400 MidSmallCap
12132.54
  6.22000000000116 (0.0512933849675878%)

FIN

S&P Bse Finance
11417.37
  -49.9299999999985 (-0.435411997593138%)

ALLCAP

S&P Bse Allcap
10471.31
  71.0699999999997 (0.683349615008888%)

LMI250

S&P Bse 250 LargeMidCap
10386.97
  -33.1900000000005 (-0.318517182077827%)

S&P LARGEMIDCAP

S&P Bse Large MidCap
10304.57
  5.32999999999993 (0.051751391364796%)

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year5.24%
3 Year329.55%
5 Year94.95%

Profit Growth

1 Year19.08%
3 Year170.08%
5 Year53.64%

ROE%

1 Year10.33%
3 Year8.07%
5 Year5.79%

ROCE %

1 Year8.22%
3 Year8.45%
5 Year6.61%

ROA%

2.2338

PEG Ratio

0.72

PAT Margin (%)

16.8422

EPS Growth(%)

18.6402

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 66.29 0.00
Jun 2024 66.37 0.00
Mar 2024 65.86 0.00
Dec 2023 65.90 0.00
Sep 2023 66.02 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company is trading at 1.7051 times the book value
  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 329.551813919236%.
  • The company has delivered substantial profit growth of 170.079481693405% over past 3 years.
  • Promoters shareholding is 66.29%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Operating Revenue 3213.77 3533.38 3669.74 3782.09 4015.2
Other Income 261.92 47.52 5.95 0.56 5.05
Interest Expended 1324.9 1353.43 1335.08 1351.4 1476.27
Operating Expenses 1343.08 1381.3 1631.55 1491.1 1582.84
Total Provisions 0 0 0 0 0
Depreciation 26.81 27.74 26.1 27.01 31.81
Profit Before Tax 780.9 818.43 682.96 913.14 929.33
Tax 199.52 182.77 138.08 234.22 240.21
Net Profit 581.38 635.66 544.88 678.92 689.12
Adjusted EPS (RS) 2.34 2.56 2.19 2.73 2.76

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Operating Income 475.44 171.26 335.87 12898.2 13574.43
Other Income 46.94 20.16 14.62 2572.14 2152.23
Interest 200.75 192.96 73.49 5822.21 5400.03
Operating Expenses 37.1 26.03 22.32 2808.16 3495.9
Total Provisions 0.79 8.32 0.25 4487.14 3844.09
Exceptional Items 0 224.68 0 170.92 0
Profit Before Tax 283.74 188.79 254.43 2523.75 2986.64
Tax 16.93 72.74 36.25 603.88 700.41
Profit After Tax 266.81 116.05 218.18 1919.87 2286.23
Adjusted EPS (Rs.) 1.24 0.47 0.88 7.74 9.19

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 2004.83 2469.45 2474.04 2479.67 2488.94
Total Reserves 5840.02 8540.84 8797.09 18839.17 20706.02
Borrowings 1717.84 1324.47 99.82 60096.44 56243.57
Other N/C liabilities -0.29 -0.34 0.32 -1841.32 -1842.48
Current liabilities 1775.13 504.92 52.75 24611.81 22912.3
Total Liabilities 11337.53 12839.34 11424.02 104185.77 100508.35
Assets
Loans 0 0 0 75154.55 81359.39
Net Block 0.96 0.93 0.56 216.46 207.69
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 4.81 35.62
Investments 10069.68 10069.68 9202.12 6902.28 7153.07
Other Loans 30.45 20.47 25.17 674.7 289.52
Other N/C Assets 82.9 0 867.56 0 0
Current Assets 1153.54 2748.26 1328.61 21232.97 11463.06
Total Assets 11337.53 12839.34 11424.02 104185.77 100508.35
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 66.02 65.90 65.86 66.37 66.29
larsen and toubro limited... 66.02 65.90 65.86 66.37 66.29
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 33.98 34.10 34.14 33.63 33.71
icici prudential life ins... 1.97 1.74 1.51 1.50 1.46
invesco india arbitrage f... - - - 1.23 1.07
investor education and pr... 0.01 - - - 0.01
l&t employees welfare fou... - 1.02 1.02 1.46 1.46
life insurance corporatio... 1.95 1.94 1.94 1.94 1.94
llp 0.06 0.07 0.04 0.04 0.03
mirae asset large & midca... - - - 1.74 2.57
investor education and pr... - 0.01 0.01 0.01 -
bnp paribas financial mar... - 2.43 2.43 - -
max life insurance co lt... - 1.21 - - -
bnp paribas arbitrage - o... 3.57 - - - -
government pension fund g... 1.05 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

L&T Finance raises Rs 500 crore through NCDs 14 Dec, 3:00 PM L&T Finance submits investor presentation 25 Nov, 5:15 PM L&T Finance’s consolidated net profit rises 17% in Q2FY25 19 Oct, 1:00 PM L&T Finance - Quaterly Results 18 Oct, 6:44 PM L&T Finance - Quaterly Results 18 Oct, 6:44 PM L&T Finance informs about allotment under ESOP 18 Oct, 5:07 PM L&T Finance informs about board meeting 4 Oct, 4:50 PM L&T Finance raises Rs 100 crore through NCDs 14 Sep, 12:10 PM L&T Finance informs about analyst meet 11 Sep, 2:42 PM L&T Finance raises Rs 175 crore through NCDs 5 Sep, 5:42 PM L&T Finance informs about transcript of analyst meet 25 Jul, 5:08 PM L&T Finance informs about earnings call transcript 25 Jul, 5:02 PM L&T Finance reports 29% rise in Q1 consolidated net profit 17 Jul, 12:45 PM L&T Finance - Quaterly Results 16 Jul, 7:14 PM L&T Finance - Quaterly Results 16 Jul, 7:14 PM L&T Finance informs about closure of trading window 29 Jun, 5:20 PM L&T Finance aiming at 25% CAGR over next few years 16 May, 3:50 PM L&T Finance reports 11% rise in Q4 consolidated net profit 29 Apr, 12:02 PM L&T Finance - Quaterly Results 27 Apr, 7:21 PM L&T Finance - Quaterly Results 27 Apr, 7:21 PM L&T Finance informs about allotment of ESOP 27 Apr, 5:04 PM L&T Finance informs about disclosure 10 Apr, 3:35 PM L&T Finance Holdings reports 33% rise in retail disbursements during Q4FY24 4 Apr, 11:12 AM L&T Finance Holdings informs about disclosure 15 Mar, 3:35 PM L&T Finance Holdings informs about disclosure 12 Mar, 4:52 PM L&T Finance Holdings raises Rs 221 crore through NCDs 21 Feb, 5:58 PM L&T Finance Holdings raises Rs 205 crore through NCDS 30 Jan, 9:29 AM L&T Finance Holdings reports 41% rise in Q3 consolidated net profit 24 Jan, 2:08 PM L&T Finance Holdings - Quaterly Results 23 Jan, 7:12 PM L&T Finance Holdings - Quaterly Results 23 Jan, 7:12 PM L&T Finance Holdings raises Rs 150 crore through NCDs 19 Jan, 12:00 PM L&T Finance Holdings completes merger of subsidiaries with itself 4 Dec, 10:58 AM L&T Finance Holdings informs about disclosure 4 Dec, 9:49 AM L&T Finance Holdings - Quaterly Results 20 Oct, 6:14 PM L&T Finance Holdings - Quaterly Results 20 Oct, 6:14 PM Bain Capital divests 2.8% stake in L&T Finance Holdings 13 Sep, 11:29 AM L&T Finance Holdings informs about disclosure 5 Sep, 12:15 PM L&T Finance Holdings reports over 2-fold jump in Q1 consolidated net profit 20 Jul, 11:18 AM L&T Finance Holdings - Quaterly Results 19 Jul, 5:23 PM L&T Finance Holdings - Quaterly Results 19 Jul, 5:23 PM L&T Finance Holdings - Quaterly Results 19 Jul, 5:23 PM L&T Finance Holdings informs about conference call 14 Jul, 2:54 PM L&T Finance Holdings informs about allotment of equity shares 14 Jul, 12:13 PM L&T Finance Holdings informs about press release 1 Jul, 3:14 PM L&T Finance Holdings informs about outcome of board meeting 8 Jun, 5:10 PM L&T Finance Holdings reports 46% rise in Q4 consolidated net profit 28 Apr, 6:26 PM L&T Finance Holdings - Quaterly Results 28 Apr, 5:11 PM L&T Finance Holdings - Quaterly Results 28 Apr, 5:11 PM L&T Finance Holdings - Quaterly Results 28 Apr, 5:11 PM L&T Finance Holdings informs about analyst meet 24 Apr, 3:57 PM

L&T Finance Stock Price Analysis and Quick Research Report. Is L&T Finance an attractive stock to invest in?

Around 2% of India's total population invests in financial assets. The mutual fund industry's penetration in India is close to 7% (Based on the number of PAN cardholders). This under penetration offers a huge opportunity for the industry to grow.

Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.

Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

L&T Finance stock price today is Rs 136.3. To understand the functions of the L&T Finance better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of L&T Finance is Rs 2286.23 Cr and the compounded growth of profit in the past 3 years is 170.076798342561 %. The PAT margin of L&T Finance is 16.8422 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In L&T Finance , the EPS grew by 18.6402 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): L&T Finance has a average ROE track record. The ROE of L&T Finance is at 10.3302 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of L&T Finance is worth at the current levels at Rs 136.3. The stock is trading at a current P/E ratio of 17.2172 and the average historical P/E for the last 5 years was 72.3077972536569.

  • P/B ratio can be one of the best metrics to value such companies. Currently, L&T Finance is trading at a P/B of 1.4173 . The average historical P/B of L&T Finance for the last 5 years was 1.59892414593564. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

  • Share Price: - The current share price of L&T Finance is Rs 136.3. One can use valuation calculators of ticker to know if L&T Finance share price is undervalued or overvalued.

Last Updated on:
Brief about L&T Finance

L&T Finance Limited Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

L&T Finance Limited, a subsidiary of the prestigious Larsen & Toubro group, operates extensively in the financial services sector. Catering to a diverse range of financial needs, the company focuses on areas such as rural finance, housing finance, and infrastructure finance. Known for its robust management strategies and adherence to compliance, L&T Finance Limited maintains a significant presence across India, empowering its reputation among long-term stock investors.

L&T Finance Limited Share Price

For investors looking to track the performance of L&T Finance Limited, the share price is a fundamental indicator of the company's market sentiment. This metric reflects the collective outlook of the investors on the company's financial health and future growth potential.

L&T Finance Limited Balance Sheet

The balance sheet of L&T or L&T Finance Limited offers a snapshot of the company's financial standing, covering assets, liabilities, and shareholder's equity. Long-term stock investors can utilize our premium tools such as DCF Analysis and DuPont Analysis for a deeper evaluation and derive the fair value of L&T Finance Limited, ensuring a comprehensive investment decision.

L&T Finance Limited Annual Report

Our website provides downloadable annual reports of L&T Finance Limited, encompassing a detailed overview of the company's operations, financial performance, and strategic direction during the fiscal year. These reports are essential for investors aiming to understand the long-term prospects and the operational effectiveness of the company.

L&T Finance Limited Dividend

The dividend policy of L&T Finance Limited is a critical aspect for investors, as it indicates the company's profitability and its distribution strategy. It represents how L&T Finance Limited rewards its shareholders and reflects the company's financial health and stability over the long term.

L&T Finance Limited Quarterly Result

L&T Finance Limited's quarterly results give investors insights into the company's short-term performance and strategic adjustments. By employing our premium features that include earnings multiple approach and BVPS Analysis, investors can conduct a thorough analysis of these quarterly disclosures, aiding in informed decision-making.

L&T Finance Limited Stock Price

The stock price of L&T Finance Limited is a dynamic measure and is influenced by market conditions, company performance, and sector-specific developments. Tracking the stock price helps investors analyze market trends and evaluate the timing for buying or selling stocks.

L&T Finance Limited Price Chart

The price chart of L&T Finance Limited provides a visual representation of stock price movements over a specified period. It is an essential tool for technical analysis, helping investors identify patterns and trends to forecast future movements.

L&T Finance Limited News

Keeping abreast of the latest news involving L&T Finance Limited can significantly influence investment decisions. News items might include regulatory changes, economic impacts, or sector dynamics, all of which could affect the company's performance and stock price.

L&T Finance Limited Concall Transcripts

Investors interested in L&T Finance Limited can download concall transcripts from our website. These transcripts offer detailed accounts of earnings calls and are invaluable for understanding management's perspective on financial results, outlooks, and strategic directions.

L&T Finance Limited Investor Presentations

Informative and detailed, the investor presentations for L&T Finance Limited are available for download and can serve as a crucial tool for understanding the company's strategy, performance metrics, and growth opportunities directly from the management.

L&T Finance Limited Promoters

The promoters of L&T Finance Limited play a significant role in shaping the company's strategic outlook and governance framework. Understanding their influences helps investors gauge the leadership's commitment to the company's growth and governance practices.

L&T Finance Limited Shareholders

Analyzing the shareholder structure of L&T Finance Limited provides insights into who holds stakes in the company, indicating the confidence and backing of institutional investors, retail investors, and insiders within the highly competitive financial sector.

This structured approach to laying out investor-centric information on L&T Finance Limited empowers users with the clarity and tools necessary for in-depth stock analysis and effective investment decision-making. Each section has been curated to aid users in navigating through complex financial data and market sentiment using our advanced screening tools and premium features, optimized for assessing L&T Finance Limited's long-term investment potential.

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