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L&T Finance Ltd share price logo

L&T Finance Ltd

(LTF)

₹149.150.62%

as on 04:01PM, 10 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

L&T Finance Ltd Analyst Rating

based on 21 analysts

BUY

80.00%

Buy

5.00%

Hold

15.00%

Sell

Based on 21 analysts offering long term price targets for L&T Finance Ltd. An average target of ₹190.05

Source: S&P Global Market Intelligence

L&T Finance Ltd Share analysis

L&T Finance Ltd price forecast by 21 analysts

Upside of28.21%

High

₹237

Target

₹190.05

Low

₹115

L&T Finance Ltd target price ₹190.05, a slight upside of 28.21% compared to current price of ₹149.15. According to 21 analysts rating.

Source: S&P Global Market Intelligence

L&T Finance Ltd Performance

  • Day's Low

    Day's High

    ₹148
    ₹151.95
  • 52 Week's Low

    52 Week's High

    ₹134.1
    ₹194.25
1 Month Return+ 5.76 %
3 Month Return-13.66 %
1 Year Return-3.31 %
Previous Close₹148.23
Open₹148.20
Volume56.35L
Upper Circuit-
Lower Circuit-
Market Cap₹36,972.55Cr

L&T Finance Ltd Key Statistics

P/E Ratio14.34
PEG Ratio7.35
Market Cap₹36,972.55 Cr
P/B Ratio1.7
EPS9.31
Dividend Yield1.58
SectorFinance
ROE10.27

L&T Finance Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹36,972.55 Cr7.87%0.88₹2,317 Cr₹13,580 Cr
HOLD₹48,545.15 Cr34.4%0.91₹1,422 Cr₹7,273 Cr
BUY₹27,993.86 Cr121.81%0.83₹1,683 Cr₹5,417 Cr
BUY₹1,16,829.77 Cr39.22%0.90₹7,391 Cr₹36,388 Cr
BUY₹34,491.43 Cr7.52%0.92₹1,943 Cr₹15,962 Cr

About L&T Finance Ltd

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: ₹149.15 per share as on 10 Dec, 2024 04:01 PM
Market Capitalisation: ₹36,972.55Cr as of today
Revenue: ₹4,024.02Cr as on September 2024 (Q3 24)
Net Profit: ₹696.68Cr as on September 2024 (Q3 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 Celebrates 30 Years of Growth and Innovation - 30 Nov, 2024

    L&T Finance Ltd marks its 30th anniversary, showcasing significant growth with a 17% YoY increase in profit and a retail book growth of 28%. The company emphasizes digital transformation and financial inclusion.
  • Bull Spread Strategy Recommended for L&T Finance - 29 Nov, 2024

    HDFC Sec's Nandish Shah recommends a Bull Spread strategy on L&T Finance, citing an 18% rise in open interest and a 2.5% price increase. The stock shows strong short-term trends, having closed above key EMAs and broken a downward trendline, indicating potential for further gains.
  • L&T Finance Partners with Amazon, Target Price Set - 28 Nov, 2024

    L&T Finance has partnered with Amazon Finance India to enhance credit solutions. Motilal Oswal recommends buying the stock with a target price of Rs 180, highlighting growth potential despite MFI credit cycle risks.
  • L&T Finance Partners with Amazon for Credit Solutions - 27 Nov, 2024

    L&T Finance has partnered with Amazon Finance India to develop credit solutions aimed at improving affordability for eligible customers and merchants, enhancing product diversification and credit availability.
  • L&T Finance Partners with Amazon for Credit Solutions - 26 Nov, 2024

    L&T Finance Limited has formed a strategic partnership with Amazon Finance India to create innovative credit solutions, enhancing affordability for eligible customers and merchants. This collaboration aims to diversify L&T's product offerings and improve credit access in India's digital economy.
  • L&T Finance Reports Growth Amid Urban Strategy Shift - 25 Nov, 2024

    L&T Finance's MD expects a shift in urban-rural mix to 60:40, driven by growth in urban loans. The company reported a 25% YoY revenue increase to ₹4,019.34 crore for Q2 FY24, with a current market cap of ₹35,530.86 crore.
  • L&T Finance Launches New Home Loan Product - 11 Nov, 2024

    L&T Finance Ltd. has introduced The Complete Home Loan, targeting new home buyers with features like paperless processing, competitive rates, and financing options up to 75 lakh.

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

    Revenue Rich

    img

    Revenue is up for the last 6 quarters, 3.37K Cr → 4.02K Cr (in ₹), with an average increase of 3.4% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 553.88 Cr → 695.58 Cr (in ₹), with an average increase of 10.3% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 6.93% to 7.44% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Indian Railway Finance Corporation Ltd has given 571.7% return, outperforming this stock by 488.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Indian Railway Finance Corporation Ltd has given 93.7% return, outperforming this stock by 97.0%

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 14.65% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, LTF stock has moved down by -13.7%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 66.37% to 66.30% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.33% to 6.73% in Sep 2024 quarter

L&T Finance Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹3,482.07Cr (-)₹3,581.26Cr (↑2.85%)₹3,677.32Cr (↑2.68%)₹3,784.61Cr (↑2.92%)₹4,024.02Cr (↑6.33%)
Net Income₹594.22Cr (-)₹639.37Cr (↑7.60%)₹553.02Cr (↓13.51%)₹685.25Cr (↑23.91%)₹696.68Cr (↑1.67%)
Net Profit Margin17.07% (-)17.85% (↑4.57%)15.04% (↓15.74%)18.11% (↑20.41%)17.31% (↓4.42%)
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

₹16,478.76

0.33 (54.47%)

BSE 500

₹36,675.82

0.1 (36.77%)

S&P BSE 250 LargeMidCap

₹10,821.22

0.08 (8.13%)

Nifty 200

₹13,985.45

0.06 (8.25%)

S&P BSE 400 MidSmallCap

₹12,608.55

0.33 (41.24%)

Nifty Midcap 100

₹59,135.40

0.23 (136.65%)

Nifty Midcap 150

₹21,809.10

0.28 (60.6%)

Nifty MidSmallcap 400

₹20,665.20

0.28 (58.6%)

Nifty LargeMidcap 250

₹16,314.95

0.15 (24.95%)

Nifty Midcap 50

₹16,483.65

0.45 (74.15%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nifty 500

₹23,314.90

0.1 (22.9%)

BSE Mid-Cap

₹47,967.15

0.3 (145.33%)

S&P BSE Fin. Ser

₹11,996.60

0.36 (42.92%)

L&T Finance Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
66.3%
-0.11
Foreign Institutions
6.73%
-8.29
Mutual Funds
7.44%
7.38
Retail Investors
14.65%
0.00
Others
4.89%
3.67

L&T Finance Ltd 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 (14.34x)

December 9, 2024

Industry (27.88x)

December 9, 2024

Highest (26.55x)

May 9, 2018

LowHigh

L&T Finance Ltd Earnings and Dividends

  • L&T Finance Ltd Earnings Results

    L&T Finance Ltd’s net profit jumped 16.88% since last year same period to ₹695.58Cr in the Q2 2024-2025. On a quarterly growth basis, L&T Finance Ltd has generated 1.47% 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 3.04%.

    Read More about Dividends

L&T Finance Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

FAQs on L&T Finance Ltd

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L&T Finance Ltd (LTF) share price today is ₹149.15

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 ₹151.95.
  • Today’s lowest price of L&T Finance Ltd is ₹148.

PE Ratio of L&T Finance Ltd is 14.34

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 56.35L.

Today’s market capitalisation of L&T Finance Ltd(LTF) is ₹36972.55Cr.

L&T Finance Ltd(LTFPrice
52 Week High
₹194.25
52 Week Low
₹134.1

L&T Finance Ltd(LTF) share price is ₹149.15. It is down -23.22% from its 52 Week High price of ₹194.25

L&T Finance Ltd(LTF) share price is ₹149.15. It is up 11.22% from its 52 Week Low price of ₹134.1

L&T Finance Ltd(LTFReturns
1 Day Returns
0.92%
1 Month Returns
5.76%
3 Month Returns
-13.66%
1 Year Returns
-3.31%