L&T Finance Ltd

  • Market Cap: Mid Cap
  • Industry: Non Banking Financial Company (NBFC)
  • ISIN: INE498L01015
  • NSEID: LTF
  • BSEID: 533519
INR
309.40
8.95 (2.98%)
BSENSE

Dec 05

BSE+NSE Vol: 85.42 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

85.42 lacs (60.62%) Volume

Shareholding (Sep 2025)

FII

6.41%

Held by 189 FIIs

DII

0.05%

Held by 80 DIIs

Promoter

66.10%

Has L&T Finance Ltd declared dividend?

06-Jun-2025

Yes, L&T Finance Ltd has declared a dividend of 27%, amounting to ₹2.7 per share, with an ex-date of May 27, 2025. The company has shown strong total returns across various periods, including a total return of 29.53% over the last 6 months.

L&T Finance Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 27%<BR>- Amount per share: 2.7<BR>- Ex-date: May 27, 2025<BR><BR>Dividend Yield: 2.83%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, L&T Finance Ltd achieved a price return of 27.71%, a dividend return of 1.82%, resulting in a total return of 29.53%.<BR><BR>Over the past year, the company recorded a price return of 19.32%, a dividend return of 3.15%, leading to a total return of 22.47%.<BR><BR>In the 2-year period, the price return was 77.89%, with a dividend return of 6.10%, culminating in a total return of 83.99%.<BR><BR>For the 3-year period, the price return stood at 149.7%, while the dividend return was 11.31%, resulting in a total return of 161.01%.<BR><BR>In the last 4 years, L&T Finance Ltd experienced a price return of 94.87%, a dividend return of 8.11%, which led to a total return of 102.98%.<BR><BR>Over the past 5 years, the company achieved a remarkable price return of 205.31%, with a dividend return of 11.13%, resulting in a total return of 216.44%.<BR><BR>Overall, L&T Finance Ltd has declared a significant dividend and demonstrated strong total returns across multiple periods, indicating robust financial performance and shareholder value enhancement.

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Who are the peers of the L&T Finance Ltd?

03-Jun-2025

L&T Finance Ltd's peers include Bajaj Finance, Jio Financial, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, Authum Invest., M & M Fin. Serv., Chola Financial, Tata Inv.Corpn., and Poonawalla Fin. Notably, L&T Finance has below-average growth and management risk, with a 1-year return of 8.71%.

Peers: The peers of L&T Finance Ltd are Bajaj Finance, Jio Financial, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, Authum Invest., M & M Fin. Serv., Chola Financial, Tata Inv.Corpn., and Poonawalla Fin.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bajaj Finance, Cholaman.Inv.&Fn, Muthoot Finance, and Authum Invest., while Average management risk is found at Jio Financial, L&T Finance Ltd, M & M Fin. Serv., and Poonawalla Fin. Good management risk is noted at Shriram Finance and Chola Financial, while Below Average management risk is present at Tata Inv.Corpn. In terms of Growth, Excellent growth is seen at Jio Financial and Authum Invest., Good growth is noted at Bajaj Finance and Cholaman.Inv.&Fn, while Average growth is found at Tata Inv.Corpn. Below Average growth is observed at L&T Finance Ltd, M & M Fin. Serv., and Chola Financial. Excellent capital structure is held by Bajaj Finance, Shriram Finance, Muthoot Finance, L&T Finance Ltd, Authum Invest., and Tata Inv.Corpn., while Good capital structure is seen at Cholaman.Inv.&Fn, and Below Average capital structure is noted at Chola Financial.<BR><BR>Return Snapshot: Authum Invest. has the highest 1-year return at 163.59%, while Jio Financial has the lowest at -20.19%. L&T Finance Ltd's 1-year return of 8.71% is higher than Jio Financial's but lower than Authum Invest.'s. Additionally, Jio Financial and M & M Fin. Serv. have negative six-month returns.

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Who are in the management team of L&T Finance Ltd?

16-Jul-2025

As of March 2023, the management team of L&T Finance Ltd includes R Shankar Raman (Director), Shailesh V Haribhakti (Chairman), Dinanath Dubhashi (Managing Director & CEO), and several independent directors, overseeing the company's operations and strategy.

As of March 2023, the management team of L&T Finance Ltd includes the following individuals:<BR><BR>1. R Shankar Raman - Director<BR>2. Shailesh V Haribhakti - Chairman & Independent Director<BR>3. P V Bhide - Independent Director<BR>4. Thomas Mathew T - Independent Director<BR>5. Dinanath Dubhashi - Managing Director & CEO<BR>6. Apurva Rathod - Company Secretary & Compliance Officer<BR>7. Pavninder Singh - Nominee<BR>8. Rajani R Gupte - Independent Director<BR>9. S N Subrahmanyan - Chairperson<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

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What does L&T Finance Ltd do?

17-Jul-2025

L&T Finance Ltd is a subsidiary of L&T Finance Holdings Ltd, operating in the NBFC sector and offering various financial products. As of March 2025, it reported net sales of ₹40,229 Cr and a net profit of ₹6,362 Cr, with a market cap of ₹51,128 Cr.

Overview: <BR>L&T Finance Ltd is a financial holding company operating in the Non Banking Financial Company (NBFC) sector, offering a range of financial products and services.<BR><BR>History: <BR>L&T Finance Holdings Ltd. (LTFH) is the parent company, and L&T Finance Ltd is one of its wholly-owned subsidiaries. The latest quarterly results reported are for March 2025, showing significant sales and profit figures.<BR><BR>Financial Snapshot: <BR>Net Sales: 40,229 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 6,362 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 51,128 Cr (Large Cap)<BR><BR>Key Metrics: <BR>P/E: 19.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 1.32% <BR>Debt-Equity: 3.61 <BR>Return on Equity: 10.34% <BR>Price to Book: 2.00 <BR><BR>Contact Details: <BR>Address: Brindavan Plot No 177 CST Road, Kalina Santacruz (East) Mumbai Maharashtra : 400098 <BR>Tel: 91-22-62125000 <BR>Email: igrc@ltfs.com <BR>Website: http://www.ltfs.com

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Who are the top shareholders of the L&T Finance Ltd?

17-Jul-2025

The top shareholders of L&T Finance Ltd are Larsen And Toubro Limited with 66.16%, followed by mutual funds at 8.15%, foreign institutional investors at 6.19%, and Mirae Asset Large & Midcap Fund as the largest public shareholder at 3.47%. Individual investors hold 10.59% of the shares.

The top shareholders of L&T Finance Ltd include Larsen And Toubro Limited, which holds the largest stake at 66.16%. Other significant shareholders are mutual funds, represented by 28 schemes that collectively hold 8.15%, and foreign institutional investors (FIIs), with 147 FIIs holding 6.19%. The highest public shareholder is Mirae Asset Large & Midcap Fund, owning 3.47%. Additionally, individual investors account for 10.59% of the holdings.

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How big is L&T Finance Ltd?

24-Jul-2025

As of 24th July, L&T Finance Ltd has a market capitalization of 53,139.00 Cr, with recent net sales of 16,399.41 Cr and a net profit of 2,659.25 Cr.

As of 24th July, L&T Finance Ltd has a market capitalization of 53,139.00 Cr, categorizing it as a Large Cap company.<BR><BR>In the latest 4 quarters, L&T Finance Ltd reported Net Sales of 16,399.41 Cr and a Net Profit of 2,659.25 Cr.<BR><BR>The latest annual reporting period for the balance sheet is March 2025, with Shareholder's Funds amounting to 25,564.06 Cr and Total Assets valued at 1,18,626.23 Cr.

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Is L&T Finance Ltd technically bullish or bearish?

03-Sep-2025

As of September 2, 2025, L&T Finance Ltd shows a bullish trend supported by strong MACD and moving averages, despite some short-term weakness indicated by the weekly RSI and mildly bearish signals from KST and Dow Theory.

As of 2 September 2025, the technical trend for L&T Finance Ltd has changed from mildly bullish to bullish. The current stance is bullish with a strong emphasis on the weekly and monthly MACD, both indicating bullish momentum. The daily moving averages also support this bullish outlook. However, the weekly RSI is bearish, suggesting some short-term weakness. The Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the overall positive sentiment. Despite the mildly bearish signals from KST and Dow Theory on the weekly time frame, the overall technical indicators lean towards a bullish stance, particularly supported by the strong performance relative to the Sensex over various periods.

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When is the next results date for L&T Finance Ltd?

07-Oct-2025

L&T Finance Ltd will announce its results on 15 October 2025.

L&T Finance Ltd will declare its results on 15 October 2025.

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Are L&T Finance Ltd latest results good or bad?

16-Oct-2025

L&T Finance Ltd's latest Q2 FY2026 results show a net profit increase and improved margins, indicating solid performance; however, growth has slowed and high valuations raise sustainability concerns. Investors should exercise caution, with existing investors advised to hold and new investors to consider waiting for a better entry point.

L&T Finance Ltd's latest results for Q2 FY2026 can be characterized as a mixed bag. On one hand, the company reported a net profit of ₹734.84 crore, which reflects a positive growth of 4.81% quarter-on-quarter and 5.64% year-on-year. Additionally, total income increased by 7.87% year-on-year, indicating a solid performance in terms of revenue generation.<BR><BR>The company's operating margin also improved, reaching 61.67%, and the PAT margin expanded to 16.95%, up by 50 basis points from the previous quarter. This suggests effective cost management and operational efficiency.<BR><BR>However, there are concerns regarding the growth momentum, as the year-on-year profit growth has slowed compared to previous quarters, which saw double-digit increases. The return on equity stands at 10.34%, which, while healthy, is below the historical average for the company and lower than some peers in the sector.<BR><BR>Moreover, the stock has experienced a significant rally, appreciating 101.40% year-to-date, but this has led to elevated valuation multiples, with a P/E ratio of 25.54 times trailing twelve-month earnings. Such high valuations raise questions about sustainability, especially in light of the decelerating growth rates.<BR><BR>In summary, while L&T Finance Ltd has shown positive financial metrics and operational strengths, the deceleration in growth and high valuation multiples suggest that investors should approach with caution. Existing investors may consider holding, while new investors might want to wait for a more favorable entry point.

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How has been the historical performance of L&T Finance Ltd?

16-Oct-2025

L&T Finance Ltd has shown improved sales and profitability from Mar'22 to Mar'25, with net sales rising to 15,924.24 Cr and profit after tax recovering to 2,643.42 Cr. However, the company faces challenges with increasing liabilities and negative cash flow from operating activities.

Answer:<BR>The historical performance of L&T Finance Ltd shows a mixed trend over the years, with significant fluctuations in revenue and profitability.<BR><BR>Breakdown:<BR>L&T Finance Ltd's net sales have shown a steady increase from Mar'22 to Mar'25, rising from 11,929.70 Cr in Mar'22 to 15,924.24 Cr in Mar'25. The total operating income followed a similar trajectory, reaching 15,924.24 Cr in Mar'25. However, the total expenditure, excluding depreciation, also increased to 6,314.06 Cr in Mar'25 from 5,244.27 Cr in Mar'22. Operating profit, excluding other income, improved to 9,610.18 Cr in Mar'25, up from 6,685.43 Cr in Mar'22, while profit before tax rebounded to 3,491.26 Cr in Mar'25 after a loss of -556.52 Cr in Mar'23. Profit after tax also saw a recovery, reaching 2,643.42 Cr in Mar'25 compared to a loss of -728.89 Cr in Mar'23. The company's total liabilities increased to 1,18,626.23 Cr in Mar'25 from 1,05,457.61 Cr in Mar'22, with total debt rising to 92,246.90 Cr in Mar'25. Cash flow from operating activities turned negative at -16,586.00 Cr in Mar'25, contrasting with a positive cash flow of 6,718.00 Cr in Mar'23. Overall, while L&T Finance Ltd has improved its sales and profitability in recent years, challenges remain in managing cash flow and liabilities.

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Should I buy, sell or hold L&T Finance Ltd?

17-Oct-2025

Is L&T Finance Ltd overvalued or undervalued?

20-Oct-2025

As of October 17, 2025, L&T Finance Ltd is fairly valued with a PE ratio of 24.70, outperforming the Sensex with a year-to-date return of 96.50%, making it a reasonable investment compared to peers like Bajaj Finance and Life Insurance.

As of 17 October 2025, L&T Finance Ltd has moved from an expensive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 24.70, an EV to EBITDA of 8.25, and a Price to Book Value of 0.25. This places it in a more favorable position compared to peers such as Bajaj Finance, which is very expensive with a PE of 38.21, and Life Insurance, which is very attractive with a PE of 11.49.<BR><BR>In terms of performance, L&T Finance Ltd has shown significant returns, outperforming the Sensex with a year-to-date return of 96.50% compared to the Sensex's 7.44%. The company's ROCE stands at 3.56% and ROE at 1.02%, indicating room for improvement but still reflecting a stable operational performance relative to its peers. Overall, L&T Finance Ltd appears to be a fair investment opportunity within the current market landscape.

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Why is L&T Finance Ltd falling/rising?

04-Dec-2025

As of 04-Dec, L&T Finance Ltd's stock price is at 299.50, down 1.07% after four consecutive days of decline totaling 4.02%. Despite strong long-term growth, recent trends show decreased investor participation and trading volume, contributing to the stock's current challenges.

As of 04-Dec, L&T Finance Ltd's stock price is currently at 299.50, reflecting a decrease of 3.25 points, or 1.07%. This decline is part of a broader trend, as the stock has been underperforming recently, having fallen for four consecutive days and recording a total drop of 4.02% during this period. Additionally, the stock's performance today has underperformed its sector by 1.19%.<BR><BR>Despite its strong long-term performance, with a year-to-date increase of 120.87% and a 5-year growth of 238.99%, the current short-term trends indicate a decrease in investor participation. The delivery volume on December 3rd was 34.41 lacs, which represents a 15.02% decline compared to the 5-day average. This reduced activity may contribute to the downward pressure on the stock price.<BR><BR>While L&T Finance Ltd has high institutional holdings at 20.73%, indicating a level of confidence from larger investors, the recent consecutive falls and declining trading volume suggest that the stock is currently facing challenges that are impacting its price negatively.

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iScoreScore
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Strong Sell
Sell
Hold
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Strong Buy

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Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 3.94% and Operating profit at 2.26%

 
2

Flat results in Sep 25

3

With ROE of 10.2, it has a Expensive valuation with a 2.9 Price to Book Value

4

High Institutional Holdings at 20.73%

5

Market Beating performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Non Banking Financial Company (NBFC)

stock-summary
Market cap

INR 75,154 Cr (Mid Cap)

stock-summary
P/E

29.00

stock-summary
Industry P/E

23

stock-summary
Dividend Yield

0.90%

stock-summary
Debt Equity

3.72

stock-summary
Return on Equity

10.24%

stock-summary
Price to Book

2.84

Revenue and Profits:
Net Sales:
4,336 Cr
(Quarterly Results - Sep 2025)
Net Profit:
735 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.9%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
34.23%
0%
34.23%
6 Months
68.66%
0%
68.66%
1 Year
108.28%
1.81%
110.09%
2 Years
100.19%
3.26%
103.45%
3 Years
231.44%
8.12%
239.56%
4 Years
292.14%
9.89%
302.03%
5 Years
250.2%
8.22%
258.42%

Latest dividend: 2.7 per share ex-dividend date: May-27-2025

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions
Announcements stock-summary

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

28-Nov-2025 | Source : BSE

Please find attached allotment of ESOP.

Announcement under Regulation 30 (LODR)-Credit Rating

14-Nov-2025 | Source : BSE

Please find enclosed intimation regarding ESG Rating

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

13-Nov-2025 | Source : BSE

Please find enclosed intimation regarding revision in schedule of meet

Corporate Actions stock-summary
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

L&T Finance Ltd has declared 27% dividend, ex-date: 27 May 25

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

L&T Finance Ltd has announced 17:74 rights issue, ex-date: 21 Jan 21

stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
3.94%
EBIT Growth (5y)
2.26%
Net Debt to Equity (avg)
3.72
Institutional Holding
20.73%
ROE (avg)
8.71%
Valuation key factors
Factor
Value
P/E Ratio
29
Industry P/E
23
Price to Book Value
2.94
EV to EBIT
16.75
EV to EBITDA
16.47
EV to Capital Employed
1.44
EV to Sales
10.01
PEG Ratio
6.56
Dividend Yield
0.87%
ROCE (Latest)
8.59%
ROE (Latest)
10.24%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 33 Schemes (10.51%)

FIIs

Held by 189 FIIs (6.41%)

Promoter with highest holding

Larsen And Toubro Limited (66.1%)

Highest Public shareholder

Mirae Asset Large & Midcap Fund (2.88%)

Individual Investors Holdings

10.19%

stock-summaryFinancial
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        "suffix": "YoY Growth in nine months ended Dec 2024 is 13.66% vs 57.39% in Dec 2023",
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          "val2": "60.15%",
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        "suffix": "YoY Growth in year ended Mar 2025 is 17.29% vs 6.27% in Mar 2024",
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        "suffix": "YoY Growth in year ended Mar 2025 is 13.95% vs 42.93% in Mar 2024",
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          "val1": "2,643.66",
          "val2": "2,320.10",
          "chgp": "13.95%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "60.35%",
          "val2": "59.27%",
          "chgp": "1.08%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Sep'25 - YoYstock-summary
Sep'25
Sep'24
Change(%)
Net Sales
4,335.75
4,019.34
7.87%
Operating Profit (PBDIT) excl Other Income
2,674.06
2,444.46
9.39%
Interest
1,634.29
1,476.28
10.70%
Exceptional Items
0.00
0.00
Consolidate Net Profit
734.84
695.58
5.64%
Operating Profit Margin (Excl OI)
61.67%
60.82%
0.85%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Sep 2025 is 7.87% vs 25.06% in Sep 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Sep 2025 is 5.64% vs 16.88% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary
Sep'25
Sep'24
Change(%)
Net Sales
8,595.32
7,803.74
10.14%
Operating Profit (PBDIT) excl Other Income
5,293.68
4,746.37
11.53%
Interest
3,270.03
2,827.69
15.64%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1,435.94
1,381.09
3.97%
Operating Profit Margin (Excl OI)
61.59%
60.82%
0.77%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 10.14% vs 21.32% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is 3.97% vs 22.65% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
11,901.32
9,966.44
19.41%
Operating Profit (PBDIT) excl Other Income
7,168.15
5,995.23
19.56%
Interest
4,396.93
4,042.10
8.78%
Exceptional Items
0.00
0.00
Consolidate Net Profit
2,007.49
1,766.22
13.66%
Operating Profit Margin (Excl OI)
60.23%
60.15%
0.08%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 19.41% vs 4.26% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 13.66% vs 57.39% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'25stock-summary
Mar'25
Mar'24
Change(%)
Net Sales
15,924.24
13,576.51
17.29%
Operating Profit (PBDIT) excl Other Income
9,610.18
8,046.45
19.43%
Interest
5,996.76
5,377.19
11.52%
Exceptional Items
0.00
0.00
Consolidate Net Profit
2,643.66
2,320.10
13.95%
Operating Profit Margin (Excl OI)
60.35%
59.27%
1.08%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 17.29% vs 6.27% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is 13.95% vs 42.93% in Mar 2024

stock-summaryCompany CV
About L&T Finance Ltd stock-summary
stock-summary
L&T Finance Ltd
Mid Cap
Non Banking Financial Company (NBFC)
L&T Finance Holdings Ltd. (LTFH) is a financial holding company offering a focused range of financial products and services across rural, housing and wholesale finance sectors, as well as mutual fund products and wealth management services, through its wholly-owned subsidiaries, viz., L&T Finance Ltd., L&T Housing Finance Ltd., L&T Infrastructure Finance Company Ltd., L&T Investment Management Ltd. L&T Capital Markets Ltd. and L&T Infra Debt Fund Ltd. LTFH is registered with RBI as a CIC-ND-SI.
Company Coordinates stock-summary
Company Details
Brindavan Plot No 177 CST Road, Kalina Santacruz (East) Mumbai Maharashtra : 400098
stock-summary
Tel: 91-22-62125000
stock-summary
igrc@ltfs.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai