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L&T Finance Ltd

(LTF)

₹177.010.66%

as on 04:01PM, 18 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 19 analysts

BUY

78.95%

Buy

5.26%

Hold

15.79%

Sell

Based on 19 analysts offering long term price targets for L&T Finance Ltd. An average target of ₹205.05

Source: S&P Global Market Intelligence

L&T Finance Ltd Share analysis

L&T Finance Ltd price forecast by 19 analysts

Upside of16.61%

High

₹230

Target

₹205.05

Low

₹140

L&T Finance Ltd target price ₹205.05, a slight upside of 16.61% compared to current price of ₹177.01. According to 19 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹174.7
    ₹178.48
  • 52 Week's Low

    52 Week's High

    ₹122.25
    ₹194.25
1 Month Return+ 6.58 %
3 Month Return-2.13 %
1 Year Return+ 38.03 %
Previous Close₹175.85
Open₹175.00
Volume66.83L
Upper Circuit-
Lower Circuit-
Market Cap₹43,834.01Cr

Key Statistics

P/E Ratio17.67
PEG Ratio7.62
Market Cap₹43,834.01 Cr
P/B Ratio1.7
EPS9.31
Dividend Yield15.81
SectorFinance
ROE10.27

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹43,834.01 Cr21.03%0.88₹2,317 Cr₹13,580 Cr
HOLD₹55,341.69 Cr47.43%0.91₹1,422 Cr₹7,273 Cr
BUY₹31,105.35 Cr111.86%0.83₹1,683 Cr₹5,417 Cr
BUY₹1,28,761.28 Cr47.54%0.90₹7,391 Cr₹36,388 Cr
HOLD₹40,477.85 Cr13.09%0.92₹1,943 Cr₹15,962 Cr

Company Information

LT Finance Holdings Ltd. (LTFH) is a financial holding company offering a range of products and services including rural housing, wholesale finance, mutual funds, and wealth management services. With the belief and commitment of its promoter Larsen Toubro Ltd., LTFH was incorporated in 2008 as a public limited company. In 2018 LTFH completed the allotment of 10.78 crore equity shares to the promoter at an issue price of Rs. 185.51 per share. The capital infused strengthened the capital adequacy of the company. In June 2018 LTFH opened their 1000th meeting center in Kolkata for micro loans, launched an app with instant loan sanctioning and reoriented its strategies to focus on select products and improve return on equity. In 2019 assets crossed the Rs. 50,000 crore mark. In 2020, LT Investment Management Ltd. was sold to HSBC Asset Management India Private Ltd and the company acted on Real Estate projects by providing repayments/prepayments of over Rs. 3,000 crore. They also initiated a Small and Medium Enterprise Loans pilot to carry out the financing needs of the country.

Share Price: ₹177.01 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹43,834.01Cr as of today
Revenue: ₹3,784.61Cr as on June 2024 (Q2 24)
Net Profit: ₹685.25Cr as on June 2024 (Q2 24)
Listing date: 12 Aug, 2011
Chairperson Name: S N Subrahmanyan
OrganisationL&T Finance Ltd
HeadquartersMumbai
IndustryFinance
E-voting on sharesClick here to vote

Key events for L&T Finance Ltd

  • L&T Finance Ltd Wins ESG Award at Global Fintech Fest - 10 Sep, 2024

    L&T Finance Ltd. received the 'Champions of ESG' award at the Global Fintech Fest 2024, recognizing its commitment to sustainability and social responsibility. The company has reduced greenhouse gas emissions by 18% and aims for carbon neutrality by FY35, alongside financing electric vehicles and supporting community initiatives.

  • L&T Finance Allocates NCDs Worth Rs 175 Crore - 06 Sep, 2024

    L&T Finance has allotted 17,500 secured, rated, redeemable non-convertible debentures worth Rs 175 crore through private placement. The NCDs have a tenor of 931 days and a coupon rate of 7.9918% per annum.

  • L&T Finance Anticipates Auto Demand Surge and MFI Stability - 28 Aug, 2024

    L&T Finance expects a rise in automobile demand during the festive season due to favorable monsoon conditions. Citi maintains a buy rating, highlighting confidence in MFI borrowers and a target price of Rs 221.

  • L&T Finance Partners with Cred for Personal Loans - 20 Aug, 2024

    L&T Finance has partnered with Cred to provide unsecured personal loans to members with high credit scores. The collaboration aims to enhance loan accessibility and growth in L&T's personal loans business.

  • L&T Finance Transitions to NBFC-ICC with Strong Q1 Results - 16 Aug, 2024

    L&T Finance Ltd. transitions to NBFC-ICC after merging subsidiaries, receiving RBI approval. The company reported a record net profit of ₹685 crore for Q1 FY25, despite a slight stock price decline.

Insights on L&T Finance Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 553.88 Cr → 685.51 Cr (in ₹), with an average increase of 19.2% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.40% to 6.93% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 5 quarters, 3.37K Cr → 3.78K Cr (in ₹), with an average increase of 2.8% per quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 65.86% to 66.37% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 14.40% to 14.65% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, LTF stock has moved up by 5.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Indian Railway Finance Corporation Ltd has given 609.1% return, outperforming this stock by 499.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, REC Ltd has given 117.6% return, outperforming this stock by 79.5%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 9.83% to 7.33% in Jun 2024 quarter

L&T Finance Ltd Infographics

L&T Finance Ltd Q1 FY2024-2025 Results: Key Insights

L&T FInance has announced its Q1FY25 earnings, highlighting key performance metrics for the quarter.

  • L&T FInance has announced its Q1FY25 earnings, highlighting key performance metrics for the quarter.
  • L&T Finance's consolidated net profit rose 29% YoY to ₹685.5 crore
  • Summary of Key Operational Metrics
  • Retail Book at Rs. 84,444 Crore vs. Rs. 64,274 Crore, implying a growth of 31% YoY

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹3,376.78Cr (-)₹3,482.07Cr (↑3.12%)₹3,581.26Cr (↑2.85%)₹3,677.32Cr (↑2.68%)₹3,784.61Cr (↑2.92%)
Net Income₹530.52Cr (-)₹594.22Cr (↑12.01%)₹639.37Cr (↑7.60%)₹553.02Cr (↓13.51%)₹685.25Cr (↑23.91%)
Net Profit Margin15.71% (-)17.07% (↑8.66%)17.85% (↑4.57%)15.04% (↓15.74%)18.11% (↑20.41%)
Value in ₹ crore
Details2021202220232024
Total Assets₹12,839.68Cr (-)₹11,424.02Cr (↓11.03%)₹1,06,027.09Cr (↑828.11%)₹1,02,350.83Cr (↓3.47%)
Total Liabilities₹1,829.39Cr (-)₹152.89Cr (↓91.64%)₹84,708.25Cr (↑55,304.70%)₹79,155.87Cr (↓6.55%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹82.24Cr (-)-₹170.40Cr (↓307.20%)₹408.15Cr (↓339.52%)₹6,360.44Cr (↑1,458.36%)₹637.44Cr (↓89.98%)

Index Inclusions

S&P BSE 150 MidCap

₹16,861.43

-0.74 (-126.15%)

Nifty Midcap 50

₹16,687.75

-1.14 (-193.25%)

Nifty Midcap 100

₹59,752.85

-0.71 (-427.9%)

Nifty LargeMidcap 250

₹16,673.25

-0.45 (-74.8%)

BSE Mid-Cap

₹48,857.07

-0.71 (-349.75%)

S&P BSE Fin. Ser

₹11,861.53

1 (117.03%)

Nifty 200

₹14,380.45

-0.28 (-40.1%)

S&P BSE 400 MidSmallCap

₹12,848.57

-0.62 (-80.01%)

BSE 500

₹37,668.29

-0.37 (-138.15%)

S&P BSE AllCap

₹11,026.27

-0.37 (-41.39%)

Nifty Midcap 150

₹22,079.90

-0.7 (-155.45%)

Nifty MidSmallcap 400

₹20,837.05

-0.57 (-119.45%)

S&P BSE 250 LargeMidCap

₹11,133.40

-0.36 (-40.47%)

Nifty 500

₹23,898.65

-0.3 (-71.25%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
66.37%
0.77
Foreign Institutions
7.33%
-25.36
Mutual Funds
6.93%
103.88
Retail Investors
14.65%
1.77
Others
4.71%
-27.68

Key Indicators

Details20202021202220232024
Return On Equity %3.4-0.381.9611.7810.27
Details20202021202220232024
Return On Assets %157.569.371.532.27
Details20202021202220232024
Book Value Per Share (₹)68.1776.0280.6386.8294.17
Details20202021202220232024
Earning Per Share (₹)7.893.844.246.29.31

L&T Finance Ltd Valuation

L&T Finance Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.22x)

March 23, 2020

Today (17.67x)

September 17, 2024

Industry (28.65x)

September 17, 2024

Highest (26.55x)

May 9, 2018

LowHigh

Earnings and Dividends

  • L&T Finance Ltd Earnings Results

    L&T Finance Ltd’s net profit jumped 29.11% since last year same period to ₹685.51Cr in the Q1 2024-2025. On a quarterly growth basis, L&T Finance Ltd has generated 23.77% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • L&T Finance Ltd Dividends April,2024

    In the quarter ending March 2024, L&T Finance Ltd has declared dividend of ₹2.50 - translating a dividend yield of 2.56%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

L&T Finance Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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L&T Finance Ltd (LTF) share price today is ₹177.01

L&T Finance Ltd is listed on NSE

L&T Finance Ltd is listed on BSE

  • Today’s highest price of L&T Finance Ltd is ₹178.48.
  • Today’s lowest price of L&T Finance Ltd is ₹174.7.

PE Ratio of L&T Finance Ltd is 17.67

PE ratio = L&T Finance Ltd Market price per share / L&T Finance Ltd Earnings per share

Today’s traded volume of L&T Finance Ltd(LTF) is 66.83L.

Today’s market capitalisation of L&T Finance Ltd(LTF) is ₹43834.01Cr.

L&T Finance Ltd(LTFPrice
52 Week High
₹194.25
52 Week Low
₹122.25

L&T Finance Ltd(LTF) share price is ₹177.01. It is down -8.88% from its 52 Week High price of ₹194.25

L&T Finance Ltd(LTF) share price is ₹177.01. It is up 44.79% from its 52 Week Low price of ₹122.25

L&T Finance Ltd(LTFReturns
1 Day Returns
1.16%
1 Month Returns
6.58%
3 Month Returns
-2.13%
1 Year Returns
38.03%