BSE: 533519 | NSE: LTF | Finance - NBFC | Mid Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that L&T Finance Ltd is a average quality company.
The key valuation ratios of L&T Finance Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of L&T Finance Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Income (₹ Cr.) | 6,196 | 7,289 | 8,341 | 10,213 | 13,004 | 14,106 | 13,353 | 11,930 | 12,775 | 13,581 | 15,009 | |
| YoY Gr. Rt. % | - | 17.6% | 14.4% | 22.5% | 27.3% | 8.5% | -5.3% | -10.7% | 7.1% | 6.3% | - | |
| Adj EPS (₹ ) | 4 | 3.7 | 5 | 5.9 | 10.4 | 7.9 | 3.9 | 4.3 | 6.6 | 9.3 | 10.3 | |
| YoY Gr. Rt. % | - | -9.2% | 35.5% | 17.9% | 77.1% | -23.8% | -50.2% | 10.2% | 51.3% | 42.3% | - | |
| BVPS (₹ ) | 34.1 | 37.5 | 41.2 | 52.9 | 62 | 67.3 | 75.2 | 79.9 | 86.3 | 93.7 | 97.3 | |
| YoY Gr. Rt. % | - | 9.9% | 9.8% | 28.4% | 17.3% | 8.6% | 11.7% | 6.2% | 8% | 8.7% | - | |
| To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ | ||||||||||||
| Net Profit/Total Funds (%) | 1.8 | 1.5 | 1.5 | 1.6 | 2.4 | 1.6 | 0.7 | 0.8 | -0.7 | 2.3 | 0 | |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 9.1% | 0.9% | 0.6% | 6.3% | ||||||||
| Adj EPS | 9.8% | -2.1% | 33.4% | 42.3% | ||||||||
| BVPS | 11.9% | 8.6% | 7.6% | 8.7% | ||||||||
| Share Price | 8.3% | 4.7% | 20.9% | -10.2% | ||||||||
| RATIOS \ YEARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Quality Ratio | To view Asset Quality Ratio Colour Rating Guide click here ⓘ | |||||||||||
| Net NPA to Net Advances (%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | |
| Capitalization Ratio | To view Capitalization Ratio Colour Rating Guide click here ⓘ | |||||||||||
| Capital Adequacy Ratio (%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | |
| Margins | ||||||||||||
| Net Profit Margin (%) | 13.7 | 11.7 | 12.5 | 12.5 | 17.2 | 12.1 | 5.5 | 7.1 | -5.7 | 17.1 | 17.1 | |
| Performance Ratios | To view Performance Ratios Colour Rating Guide click here ⓘ | |||||||||||
| Return on Equity (%) | 14 | 12.8 | 14.1 | 13.4 | 18.1 | 12.2 | 4.5 | 4.4 | -3.5 | 10.4 | 10.6 | |
Return on Equity has increased versus last 3 years average to 10.80%
Total Income has increased 0.57 CAGR in last 3 years
Net Profit has increased 33.35 CAGR in last 3 years
Total income growth is good in last 4 quarters
No data to display
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 10.2 | 10.3 |
| TTM Sales (₹ Cr.) | 15,000 | 15,009 |
| BVPS (₹.) ⓘ | 96.3 | 97.3 |
| Reserves (₹ Cr.) ⓘ | 21,964 | 21,775 |
| P/BV ⓘ | 1.41 | 1.40 |
| PE ⓘ | 13.33 | 13.19 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 134.10 / 194.20 |
| All Time Low / High (₹) | 37.30 / 198.67 |
| Market Cap (₹ Cr.) | 33,972 |
| Equity (₹ Cr.) | 2,494.3 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 28.2 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income | 6,375 | 7,471 | 8,582 | 10,795 | 14,845 | 16,423 | 16,171 | 16,271 | 15,315 | 15,738 |
| Interest Income | 6,196 | 7,289 | 8,341 | 10,213 | 13,004 | 14,106 | 13,353 | 11,930 | 12,775 | 13,581 |
| Other Income ⓘ | 179 | 182 | 242 | 582 | 1,841 | 2,317 | 2,818 | 4,341 | 2,540 | 2,157 |
| Expenditure ⓘ | 5,344 | 6,218 | 7,503 | 9,349 | 11,793 | 13,743 | 15,135 | 15,048 | 13,184 | 12,709 |
| Interest Expense ⓘ | 3,577 | 4,133 | 4,635 | 5,476 | 6,898 | 7,573 | 7,238 | 5,773 | 5,822 | 5,400 |
| Operating Expenses ⓘ | 1,016 | 1,213 | 1,226 | 1,337 | 1,850 | 1,860 | 1,818 | 2,226 | 2,781 | 3,462 |
| Provisions | 751 | 872 | 1,642 | 2,536 | 3,044 | 4,310 | 6,079 | 7,049 | 4,581 | 3,847 |
| Exceptional Items ⓘ | 144 | 0 | 0 | 0 | 0 | 0 | 226 | 0 | -2,687 | 0 |
| Profit Before Tax ⓘ | 1,175 | 1,253 | 1,079 | 1,446 | 3,052 | 2,680 | 1,261 | 1,223 | -557 | 3,029 |
| Taxes ⓘ | 324 | 399 | 36 | 168 | 820 | 980 | 523 | 374 | 172 | 712 |
| Profit After Tax | 851 | 854 | 1,042 | 1,278 | 2,232 | 1,700 | 738 | 849 | -729 | 2,317 |
| Adjusted EPS (₹) | 4.0 | 3.7 | 5.0 | 5.9 | 10.4 | 7.9 | 3.9 | 4.3 | 6.6 | 9.3 |
| Dividend Payout Ratio (%) | 18% | 20% | 15% | 16% | 9% | 11% | 0% | 12% | 31% | 27% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Equity Capital | 7,740 | 8,290 | 8,989 | 11,407 | 13,449 | 14,692 | 18,773 | 19,948 | 21,528 | 23,438 |
| Share Capital ⓘ | 3,084 | 2,967 | 2,969 | 1,996 | 1,999 | 2,005 | 2,469 | 2,474 | 2,480 | 2,489 |
| Reserves ⓘ | 4,656 | 5,324 | 6,020 | 9,411 | 11,450 | 12,688 | 16,304 | 17,474 | 19,049 | 20,950 |
| Minority Interest | 100 | 100 | 119 | 223 | 222 | 220 | 197 | 180 | 89 | 90 |
| Long Term Borrowings | 29,982 | 37,561 | 43,486 | 47,464 | 57,517 | 67,751 | 61,983 | 56,863 | 56,456 | 52,305 |
| Current Liabilities | 14,630 | 17,330 | 19,059 | 26,837 | 33,090 | 25,403 | 26,383 | 28,382 | 26,427 | 25,028 |
| Trade Payables | 72 | 69 | 73 | 185 | 136 | 66 | 377 | 439 | 806 | 1,222 |
| Short term borrowings | 5,989 | 6,696 | 11,764 | 25,946 | 32,218 | 24,691 | 24,963 | 26,915 | 24,750 | 22,403 |
| Other Liabilities | -6,061 | -6,646 | -11,719 | -26,131 | -32,355 | -24,747 | -25,339 | -27,269 | -25,556 | -23,625 |
| Total Liabilities ⓘ | 52,452 | 63,400 | 71,771 | 85,931 | 1,04,278 | 1,08,076 | 1,07,336 | 1,05,458 | 1,04,501 | 1,00,861 |
Assets | ||||||||||
| Non Current Asset | 37,581 | 47,447 | 53,722 | 82,984 | 98,943 | 98,976 | 95,667 | 94,596 | 90,492 | 94,834 |
| Loan Asset | 34,572 | 43,881 | 49,335 | 77,088 | 91,325 | 91,463 | 87,030 | 82,469 | 75,155 | 81,359 |
| Other Non Current Asset ⓘ | 3,009 | 3,566 | 4,388 | 5,895 | 7,619 | 7,513 | 8,637 | 12,127 | 15,338 | 13,475 |
| Current Asset | 14,816 | 15,953 | 18,048 | 2,947 | 5,335 | 9,100 | 11,669 | 10,861 | 14,009 | 6,026 |
| Current Investment | 1,606 | 2,223 | 3,836 | 1,510 | 3,104 | 744 | 2,286 | 1,186 | 448 | 428 |
| Other Current Asset | 13,210 | 13,730 | 14,213 | 1,437 | 2,231 | 8,356 | 9,383 | 9,675 | 13,561 | 5,598 |
| Total Assets ⓘ | 52,452 | 63,400 | 71,771 | 85,931 | 1,04,278 | 1,08,076 | 1,07,336 | 1,05,458 | 1,04,501 | 1,00,861 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -6,614 | -9,213 | -5,779 | -15,640 | -11,643 | 2,162 | 5,464 | 6,078 | 6,718 | 673 |
| Cash Flow From Investing Activity ⓘ | 2 | -675 | -2,118 | 1,549 | -3,587 | 160 | -2,024 | -5,084 | -335 | 849 |
| Cash Flow From Financing Activity ⓘ | 6,693 | 9,426 | 7,952 | 14,678 | 16,008 | 1,451 | -2,091 | -3,023 | -1,664 | -7,037 |
| Net Cash Flow ⓘ | 81 | -461 | 55 | 587 | 777 | 3,772 | 1,349 | -2,028 | 4,720 | -5,515 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Operational & Financial Ratios |
||||||||||
| EPS (₹) | 4 | 4 | 5 | 6 | 11 | 8 | 4 | 4 | 7 | 9 |
| DPS (₹) | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 2 | 3 |
| BVPS (₹) | 37 | 40 | 44 | 57 | 67 | 72 | 75 | 80 | 86 | 94 |
Performance Ratios | ||||||||||
| ROA (%) | 1.8 | 1.5 | 1.5 | 1.6 | 2.4 | 1.6 | 0.7 | 0.8 | -0.7 | 2.3 |
| ROE (%) | 14.0 | 12.8 | 14.1 | 13.4 | 18.1 | 12.2 | 4.5 | 4.4 | -3.5 | 10.4 |
| ROCE (%) | 10.3 | 9.8 | 8.9 | 8.9 | 10.4 | 9.6 | 7.9 | 6.6 | 5.0 | 8.2 |
Valuation Parameters | ||||||||||
| Price/Book(x) | 1.7 | 1.6 | 2.8 | 2.8 | 2.3 | 0.7 | 1.3 | 1.0 | 1.0 | 1.7 |
L&T Finance Holdings was originally incorporated as L&T Capital Holdings Limited on May 1, 2008 under the Companies Act, as a public limited company, to carry on the business of investment/finance. The company received the certificate of commencement of business on May 15, 2008. The company subsequently changed the name to L&T Finance Holdings Limited pursuant to a special resolution passed by the shareholders at a general meeting dated September 1, 2010. Pursuant to the change of name, a fresh certificate of incorporation was granted to the company by the Registrar of Companies on September 6, 2010. The company was registered with the RBI under Section 45-IA of the Reserve Bank of India Act, 1934, as a non-banking financial institution. The company is promoted by Larsen & Toubro Limited, one of the leading companies in India, with interests in engineering, construction, electrical and electronics manufacturing and services, information technology and financial services, as a holding company for its financial services business.
Business area of the company
L&T Finance Holdings is one of India’s most valued and fastest-growing Non-Banking Financial Companies (NBFCs). The company offers a diverse range of financial products and services in rural, housing and infrastructure finance sectors. It also offers Investment management services.
Products offered by the company
Awards
Milestones
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