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L&T Finance share price

L&T Finance Ltd.

NSE: LTF BSE: 533519 SECTOR: Finance - NBFC  221k   969   272

187.30
-2.70 (-1.42%)
BSE: 02 Jul 04:01 PM

Price Summary

Today's High

₹ 193.4

Today's Low

₹ 186.5

52 Week High

₹ 191.6

52 Week Low

₹ 117.1

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

46634.69 Cr.

Advances

81359.39 Cr.

No. of Shares

248.98 Cr.

P/E

20.4

P/B

2.02

Face Value

₹ 10

Div. Yield

1.33 %

Book Value (TTM)

₹  92.72

Operating Revenue

13574.43 Cr.

Net Profit

2286.23 Cr.

Promoter Holding

65.86 %

EPS (TTM)

₹  9.18

Sales Growth

5.24

ROE

10.33 %

ROCE

8.22%

Profit Growth

19.08 %

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

Your Added Ratios

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Index Presence

The company is present in 21 Indices.

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.
* 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

1.09

PAT Margin (%)

16.8422

EPS Growth(%)

18.6402

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 65.86 0
Dec 2023 65.9 0
Sep 2023 66.02 0
Jun 2023 66.1 0
Mar 2023 66.11 0
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 65.86%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Operating Revenue 3324.14 51.15 44.94 3533.38 3669.74
Other Income 202.04 5.23 7.25 47.52 5.95
Interest Expended 1444.9 0.01 0.03 1353.43 1335.08
Operating Expenses 1235.11 9.72 12.23 1381.3 1631.55
Total Provisions 0 0 0 0 0
Depreciation 26.96 0.04 0.04 27.74 26.1
Profit Before Tax 819.21 46.61 39.89 818.43 682.96
Tax 242.65 11.85 10.1 182.77 138.08
Net Profit 576.56 34.76 29.79 635.66 544.88
Adjusted EPS (RS) 2.33 0.14 0.12 2.56 2.19

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 Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 66.11 66.10 66.02 65.90 65.86
larsen and toubro limited... 66.11 66.10 66.02 65.90 65.86
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 33.89 33.90 33.98 34.10 34.14
bnp paribas financial mar... - - - 2.43 2.43
icici prudential life ins... 2.04 2.01 1.97 1.74 1.51
investor education and pr... - - - 0.01 0.01
l&t employees welfare fou... - - - 1.02 1.02
life insurance corporatio... 2.15 1.95 1.95 1.94 1.94
llp 0.03 0.05 0.06 0.07 0.04
max life insurance co lt... - - - 1.21 -
bnp paribas arbitrage - o... 2.34 2.33 3.57 - -
government pension fund g... - - 1.05 - -
investor education and pr... 0.01 0.01 0.01 - -
bc asia growth investment... 2.67 2.67 - - -
bc investments vi limited... 1.37 1.37 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

L&T Finance informs about closure of trading window 29 Jun 2024, 5:20PM L&T Finance aiming at 25% CAGR over next few years16 May 2024, 3:50PM L&T Finance reports 11% rise in Q4 consolidated net profit29 Apr 2024, 12:02PM L&T Finance - Quaterly Results27 Apr 2024, 7:21PM L&T Finance - Quaterly Results27 Apr 2024, 7:21PM L&T Finance informs about allotment of ESOP27 Apr 2024, 5:04PM L&T Finance informs about disclosure 10 Apr 2024, 3:35PM L&T Finance Holdings reports 33% rise in retail disbursements during Q4FY244 Apr 2024, 11:12AM L&T Finance Holdings informs about disclosure 15 Mar 2024, 3:35PM L&T Finance Holdings informs about disclosure 12 Mar 2024, 4:52PM L&T Finance Holdings raises Rs 221 crore through NCDs21 Feb 2024, 5:58PM L&T Finance Holdings raises Rs 205 crore through NCDS30 Jan 2024, 9:29AM L&T Finance Holdings reports 41% rise in Q3 consolidated net profit24 Jan 2024, 2:08PM L&T Finance Holdings - Quaterly Results23 Jan 2024, 7:12PM L&T Finance Holdings - Quaterly Results23 Jan 2024, 7:12PM L&T Finance Holdings raises Rs 150 crore through NCDs19 Jan 2024, 12:00PM L&T Finance Holdings completes merger of subsidiaries with itself4 Dec 2023, 10:58AM L&T Finance Holdings informs about disclosure4 Dec 2023, 9:49AM L&T Finance Holdings - Quaterly Results20 Oct 2023, 6:14PM L&T Finance Holdings - Quaterly Results20 Oct 2023, 6:14PM Bain Capital divests 2.8% stake in L&T Finance Holdings13 Sep 2023, 11:29AM L&T Finance Holdings informs about disclosure 5 Sep 2023, 12:15PM L&T Finance Holdings reports over 2-fold jump in Q1 consolidated net profit20 Jul 2023, 11:18AM L&T Finance Holdings - Quaterly Results19 Jul 2023, 5:23PM L&T Finance Holdings - Quaterly Results19 Jul 2023, 5:23PM L&T Finance Holdings - Quaterly Results19 Jul 2023, 5:23PM L&T Finance Holdings informs about conference call14 Jul 2023, 2:54PM L&T Finance Holdings informs about allotment of equity shares 14 Jul 2023, 12:13PM L&T Finance Holdings informs about press release1 Jul 2023, 3:14PM L&T Finance Holdings informs about outcome of board meeting8 Jun 2023, 5:10PM L&T Finance Holdings reports 46% rise in Q4 consolidated net profit 28 Apr 2023, 6:26PM L&T Finance Holdings - Quaterly Results28 Apr 2023, 5:11PM L&T Finance Holdings - Quaterly Results28 Apr 2023, 5:11PM L&T Finance Holdings - Quaterly Results28 Apr 2023, 5:11PM L&T Finance Holdings informs about analyst meet24 Apr 2023, 3:57PM L&T Finance Holdings conferred Dun & Bradstreet ESG Award 2023 for ‘Business Sustainability’28 Mar 2023, 12:36PM L&T Finance Holdings informs about transcript of the investor meet23 Jan 2023, 12:32PM L&T Finance Holdings reports 39% rise in Q3 consolidated net profit 14 Jan 2023, 2:50PM L&T Finance Holdings submits board meeting outcome14 Jan 2023, 11:30AM L&T Finance Holdings - Quaterly Results13 Jan 2023, 7:03PM L&T Finance Holdings - Quaterly Results13 Jan 2023, 7:03PM L&T Finance Holdings informs about allotment of equity shares under ESOP 12 Jan 2023, 3:11PM L&T Finance Holdings informs about cessation of chief risk officer24 Dec 2022, 11:10AM L&T Finance Holdings completes sale of mutual fund business to HSBC Asset Management28 Nov 2022, 11:50AM L&T Finance Holdings informs about analyst meet1 Nov 2022, 11:39AM L&T Finance Holdings reports 82% rise in Q2 consolidated net profit21 Oct 2022, 12:42PM L&T Finance Holdings - Quaterly Results20 Oct 2022, 6:30PM L&T Finance Holdings - Quaterly Results20 Oct 2022, 6:30PM L&T Finance Holdings informs about board meeting 7 Oct 2022, 4:22PM L&T Finance Holdings - Quaterly Results19 Jul 2022, 6:07PM

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 187.23. 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 187.23. 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 2.0335 . 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 187.23. 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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