L&T Finance Limited
L&T Finance Limited, a non-banking financial company, provides various financial products and services in India. It offers housing loans; personal loans for medical emergency, home renovation, wedding, vacation, education, and debt consolidation; two-wheeler loans; business loans, such as SME, doctor, chartered accountant, and professional loans, as well as supply chain financing solutions; rural loans comprising vikaas loans, vishwas loans, pragati loans, and micro loans against property; farmer loans, including new tractor loans, agri-implement loans, kisan suvidha top up, kisan suvidha top up plus, refinance loan, and warehouse receipt finance services; and loans against property. The company was formerly known as L&T Finance Holdings Limited and changed its name to L&T Finance Limited in March 2024. L&T Finance Limited was incorporated in 1994 and is headquartered in Mumbai, India. L&T Finance Limited operates as a subsidiary of Larsen & Toubro Limited.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 93.4%
Concerns1
- Negative free cash flow (βΉ668 Cr)
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ15.91 K Cr | β | βΉ2.62 K Cr | β | β | 10.3% | 17.2% | 14.5% |
| Mar 2024 | βΉ13.57 K Cr | β | βΉ2.29 K Cr | β | β | 9.9% | 5.2% | 19.1% |
| Mar 2023 | βΉ12.90 K Cr | β | βΉ1.92 K Cr | β | β | 9.0% | 3585.1% | 780.7% |
| Mar 2022 | βΉ350.00 Cr | β | βΉ218.00 Cr | β | β | 1.9% | 83.2% | 87.9% |
| Mar 2021 | βΉ191.00 Cr | β | βΉ116.00 Cr | β | β | 1.1% | -62.0% | -56.6% |
| Mar 2020 | βΉ502.00 Cr | β | βΉ267.00 Cr | β | β | 3.4% | 0.8% | 0.0% |
| Mar 2019 | βΉ498.00 Cr | β | βΉ267.00 Cr | β | β | 3.4% | 8.0% | 0.4% |
| Mar 2018 | βΉ461.00 Cr | β | βΉ266.00 Cr | β | β | 3.5% | 46.3% | 6.8% |
| Mar 2017 | βΉ315.00 Cr | β | βΉ249.00 Cr | β | β | 6.1% | -26.2% | -34.1% |
| Mar 2016 | βΉ427.00 Cr | β | βΉ378.00 Cr | β | β | 9.5% | 30.6% | 44.3% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 16,704 |
| Total Expenses | 6,591 |
| EBIT / Operating Profit | 10,113 |
| OPM % | 61% |
| Other Income | 13 |
| Finance Costs | 6,439 |
| Depreciation & Amortisation | 163 |
| Profit Before Tax | 3,525 |
| Tax % | - |
| Net Profit / PAT | 2,672 |
| EPS (βΉ) | 10.70 |
| Dividend Payout % | - |
Peer Comparison
Financials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| L&T Finance Limitedthis co. | βΉ72.20 K Cr | βΉ15.91 K Cr | 27.00 | 2.78 | 15.43 | 17.2% |
| HDFC Bank Ltd. | βΉ14.43 L Cr | βΉ3.01 L Cr | 20.30 | 2.78 | β | 16.3% |
| ICICI Bank Ltd. | βΉ10.28 L Cr | βΉ1.63 L Cr | 20.70 | 3.32 | β | 14.3% |
| State Bank Of India | βΉ9.49 L Cr | βΉ4.62 L Cr | 13.30 | 1.83 | β | 11.4% |
| Bajaj Finance Limited | βΉ5.91 L Cr | βΉ61.95 K Cr | 36.80 | 6.33 | β | 32.0% |
| LIFE INSURANCE CORPORATION OF INDIA | βΉ5.26 L Cr | βΉ8.87 L Cr | 10.30 | 3.73 | 9.87 | 5.2% |
| Kotak Mahindra Bank Ltd. | βΉ4.24 L Cr | βΉ52.92 K Cr | 31.70 | 3.39 | β | 15.5% |
| Industry Average | β | βΉ30.80 K Cr | 45.91 | 4.87 | 70.91 | 14.6% |