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    Finance/Rental/Leasing
L&T Finance Ltd

L&T Finance Ltd

244.10
INR
-0.90
(-0.37%)
12.60EPS
24.69P/E
778.34BMarket Cap
Jan 08Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
10.81
13.76
16.22
19.47
17.93
18.1
21.9
16.13
22.61
26.33
31.64
38.79
42.54
44.59
Basic EPS, GAAP
2.82
4.01
3.52
4.85
5.92
10.37
8
4.49
4.33
6.55
9.34
10.61
11.92
12.58
Free Cash Flow per Basic Share
-34.39
-36.44
-50.02
-30.82
-80.16
-54.65
9.8
25.01
24.27
26.61
2.28
-67.33
-57.71
- -
Dividend per Share
1.38
1.56
1.97
1.57
1.13
1.26
2.28
- -
- -
0.5
2
2.5
2.75
- -
Book Value per Share
31.53
34.48
38.17
30.51
48.34
62.58
68.16
76.02
80.63
86.82
94.17
102.47
111.74
- -
Tangible Book Value per Share
27.97
30.95
34.73
27.07
45.18
59.18
64.59
72.89
80.02
86.28
93.59
101.78
109.7
- -
Basic Weighted Avg Shares
1,846
1,848
1,860
1,886
1,962
2,147
2,124
2,164
2,473
2,477
2,484
2,493
2,500
2,503
Sales/Revenue/Turnover
19,968
25,431
30,181
36,731
35,176
38,874
46,526
34,904
55,904
65,213
78,593
96,692
106,352
111,585
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
801
955
828
673
519
496
816
871
995
1,109
1,146
1,389
2,097
2,214
Net Income, GAAP
5,969
8,547
8,567
10,422
12,547
22,263
17,002
9,709
10,701
16,233
23,201
26,437
29,812
31,488
Effective Tax Rate (%)
27.89
27.59
31.85
3.38
11.64
26.87
36.56
41.47
30.55
- -
23.5
24.28
25.39
25.48
Profit Margin (%)
29.89
33.61
28.39
28.37
35.67
57.27
36.54
27.82
19.14
24.89
29.52
27.34
28.03
28.22
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
361,389
424,991
521,739
630,852
752,483
893,973
918,588
871,474
848,510
831,049
766,035
923,724
1,102,977
- -
Total Equity
68,257
78,402
85,089
72,254
116,302
136,709
149,126
189,704
201,275
216,178
235,280
256,311
280,340
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
1.54
1.83
1.54
1.58
1.57
2.34
1.62
0.93
1.03
- -
2.27
2.42
2.32
- -
Return on Common Equity (%)
9.22
12.15
9.66
14.12
14.4
18.69
12.08
5.8
5.53
7.83
10.32
10.79
11.13
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,503
2,504
2,506
Market Capitalization
791,081
601,554
778,336

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
58,776
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.04%
8.13%
9.37%
Free Cash Flow
-299.55%
-629.05%
-14.03%
Net Income, GAAP
18.45%
26.31%
12.77%
Sales/Revenue/Turnover
15.31%
26.07%
9.99%
Total Cash Common Dividend
- -
- -
10.33%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
22,781
24,479
26,106
23,326
96,692
2026
25,341
- -
27,172
28,214
106,352
2027
30,857
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.75
2.79
2.51
2.55
10.61
2026
2.81
- -
2.95
3.22
11.92
2027
3.6
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2.5
2026
- -
- -
- -
- -
2.75
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Sudipta Roy
Full Time Employees
41,301
Sector
Finance
Industry
Finance/Rental/Leasing
Address
Brindavan, Plot No. 177 Mumbai MA India 400098
IPO Date
Aug 12, 2011
Website
ltfs.com
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Business
L&T Finance Ltd. (LTF.NS), formerly L&T Finance Holdings Ltd., is a leading non-banking financial company (NBFC) promoted by Larsen & Toubro Ltd. and headquartered in Mumbai, India, founded in 1994. The company provides a comprehensive range of retail-focused financial products and services across rural and urban segments; these include farmer finance for tractors and farm equipment; rural business finance for micro loans and SME financing; urban finance encompassing two-wheeler loans with average ticket sizes around Rs 1 lakh, personal loans for medical emergencies, home renovation, weddings, education, vacations, and debt consolidation; housing loans and loans against property; commercial vehicle financing; and, following its June 2025 completion of the acquisition of Paul Merchants Finance Pvt Ltd's gold loan business with a Rs 1,350 crore portfolio, 130 branches, and 700 employees, secured gold loans as a high-yield addition to its secured lending offerings. L&T Finance operates over 13,000 distribution touchpoints nationwide, serving a customer database exceeding 2.3 crore with a workforce of more than 30,500 employees, and maintains AAA credit ratings from four leading agencies while advancing its Lakshya 2026 strategy emphasizing customer acquisition, digital architecture including Project Cyclops, credit underwriting, and brand visibility. In FY24, it achieved record retail disbursements of Rs 54,267 crore (29% year-over-year growth), retail assets under management surpassing Rs 80,000 crore (31% growth), and profit after tax of Rs 2,320 crore (43% growth), with continued momentum into FY25 including October 2025 disbursements exceeding Rs 8,000 crore and plans for 200 new branches by March 2026.