L&T Finance Ltd (LTF)
₹168.8▲3.05%
L&T Finance Ltd share Performance
- ₹161.45₹172.15₹168.8
4.35%
Low
Day's Volatility:6.34%
High
1.98%
- ₹90₹179₹168.8
46.68%
Low
52 Weeks Volatility:52.73%
High
6.04%
| Returns % | |
| 1 Month Return | 0.65 % |
| 3 Month Return | -2.27 % |
| 1 Year Return | 77.18 % |
| Market Stats | |
| Previous Close | ₹163.80 |
| Open | ₹163.80 |
| Volume | 1.25Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹40,768.84Cr |
Analyst Rating
based on 16 analysts
Based on 16 analysts offering long term price targets for L&T Finance Ltd. An average target of ₹175.94
Source: S&P Global Market Intelligence
Company Information
Share Price: ₹168.80 per share as on 29 Apr, 2024 04:01 PM
Market Capitalisation: ₹40,768.84Cr as of today
Revenue: ₹0.00Cr as on December 2023 (Q4 23)
Net Profit: ₹639.37Cr as on December 2023 (Q4 23)
Listing date: 12 Aug, 2011
Chairperson Name: S N Subrahmanyan
| Organisation | L&T Finance Ltd |
| Headquarters | Mumbai |
| Industry | Finance |
| E-voting on shares | Click here to vote |
What's happening
Today's Timeline - 29 Apr
05:38 AM
-L&T Finance Q4 net profit up 10.54% YoY to Rs 553.88 crore, NII at Rs 1,909 crore.
06:28 AM
-Disbursements increase by 24.8% YoY and 3.4% sequentially to Rs 15,366 crore; Gross NPA decreases to 2.84% from 2.95%, Net NPA decreases to 0.62% from 0.64%.
07:43 AM
-FY24 net profit grows 42.93% YoY to Rs 2320.10 crore, sales rise 6.31% YoY to Rs 13580.58 crore.
Today's Timeline - 29 Apr
09:59 AM
-L&T Finance signs agreements with four fintech/e-commerce firms for origination of personal loans, two-wheeler loans, and mortgage loans.
11:16 AM
-Net interest income rises 12.5% YoY to Rs 1,986.7 crore in Q4 FY24; PAT up 10.5% YoY to Rs 553.9 crore.
03:32 PM
-Q4 consolidated net profit up 11% YoY to Rs 554 crore; board recommends a final dividend of Rs 2.50 per equity share for FY24.
Key events for L&T Finance Ltd
L&T Finance Reports Strong Q4 Results - 29 Apr, 2024
L&T Finance reports strong Q4 results with net profit up 10.54% YoY to Rs 553.88 crore, disbursements increasing by 24.8% YoY, and gross NPA decreasing to 2.84%. The company also signs agreements with four fintech/e-commerce firms for loan origination.
L&T Finance Reports Rise in Q4 Net Profit; Plans Fundraising for FY25 - 28 Apr, 2024
L&T Finance reports an 11% YoY rise in Q4 net profit to Rs 554 crore, driven by a growth in net interest income. The company also plans to raise funds through short-term borrowings and external commercial borrowings in FY25, with expected margins of 11.0-11.25%.
L&T Finance Reports Rise in Net Profit for Q4FY24 - 27 Apr, 2024
L&T Finance reports a rise in its consolidated net profit for Q4FY24, with NII up 14% YoY and retail disbursements rising 33% YoY.
L&T Finance Ltd's TSR exceeds share price return - 12 Apr, 2024
L&T Finance Ltd's stock price is 93% higher than a year ago and 81% higher than three years ago. It has a TSR of 96% for the last year, exceeding its share price return due to dividend payments.
L&T Finance Reports Strong Growth in Retail Disbursements - 04 Apr, 2024
L&T Finance Holdings reports strong growth in retail disbursements with an estimated retail loan book of Rs 80,010 crore and retail disbursements of Rs 15,030 crore for Q4FY24. The company's stock rose nearly 3% on BSE after reporting a 29% YoY increase in retail disbursements to Rs 54,253 crore for FY23-24.
L&T Finance Records Strong Retail Disbursement Growth - 03 Apr, 2024
L&T Finance Holdings Ltd reports a 33% YoY growth in retail disbursements for the March quarter, with rural businesses receiving ₹5,765 crore and urban finance getting ₹5,980 crore. The company's retail loan book grew 31% YoY to reach ₹80,010 crore as of March 31, 2024. L&T Finance also reported that its retailisation portfolio stood at 94%, an improvement from 75% recorded a year ago.
L&T Finance Holdings Changes Name to L&T Finance Ltd. - 01 Apr, 2024
L&T Finance Holdings has changed its name to L&T Finance Ltd. as per the requirements of the Companies Act, 2013.
Fundamentals of L&T Finance Ltd
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.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 3 quarters, 3.37K Cr → 3.58K Cr (in ₹), with an average increase of 2.9% per quarter
- POSITIVE IMPACT
Price Rise
In the last 1 month, LTF stock has moved up by 0.7%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 9.45% to 9.83% in Mar 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 7 quarters, 262.1 Cr → 640.18 Cr (in ₹), with an average increase of 13.1% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 2.67% to 3.40% in Mar 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 14.36% to 14.40% in Mar 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Indian Railway Finance Corporation Ltd has given 371.1% return, outperforming this stock by 293.9%
- NO EFFECT
Against Peers
In the last 3 years, Indian Railway Finance Corporation Ltd has given 647.3% return, outperforming this stock by 565.1%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 65.90% to 65.86% in Mar 2024 quarter
L&T Finance Ltd Valuation
L&T Finance Ltd in the last 5 years
Lowest (5.22x)
March 23, 2020
Today (17.54x)
April 26, 2024
Industry (31.03x)
April 26, 2024
Highest (26.55x)
May 9, 2018
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 65.86% | 0.00 | |
| Foreign Institutions | 9.83% | 0.00 | |
| Mutual Funds | 3.4% | 0.00 | |
| Retail Investors | 14.4% | 0.00 | |
| Others | 6.52% | 0.00 |
Technicals of L&T Finance Ltd share
News & Events of L&T Finance Ltd
Frequently Asked Questions
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L&T Finance Ltd (LTF) share price today is ₹168.8
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 ₹172.15.
- Today’s lowest price of L&T Finance Ltd is ₹161.45.
PE Ratio of L&T Finance Ltd is 17.54
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 1.25Cr.
Today’s market capitalisation of L&T Finance Ltd(LTF) is ₹40768.84Cr.
| L&T Finance Ltd(LTF | Price |
|---|---|
52 Week High | ₹179 |
52 Week Low | ₹90 |
L&T Finance Ltd(LTF) share price is ₹168.8. It is down -5.70% from its 52 Week High price of ₹179
L&T Finance Ltd(LTF) share price is ₹168.8. It is up 87.56% from its 52 Week Low price of ₹90
| L&T Finance Ltd(LTF | Returns |
|---|---|
1 Day Returns | 5% |
1 Month Returns | 0.65% |
3 Month Returns | -2.27% |
1 Year Returns | 77.18% |