L&T Finance (LTF.NS) Stock Price

L&T Finance Price

CLOSED
306.30INR-9.40 (-3.02 %)
Market closed

Revenue has compounded at 17.4% per year over the past 15 years to 157.58 B INR. Earnings per share have grown at 14.3% per year over the last 15 years. L&T Finance's net margin stands at 16.8%, up from 6.9% several years earlier. L&T Finance currently offers a dividend yield of about 0.90%. The payout ratio is around 26% of earnings. The dividend has grown at 11.4% per year over the past 12 years. Analysts set a median price target of 336.60 INR, implying 9.9% above the current price. Of 22 analysts, 16 rate the stock a buy — an overall Buy consensus. The stock trades about 45% above its 52-week low.

L&T Finance stock price

Volume
Ex-Dividend
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of L&T Finance over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how L&T Finance stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing L&T Finance's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

L&T Finance Stock Price History
DateL&T Finance Price
8/14/2026306.30 INR
8/13/2026315.70 INR
8/12/2026317.20 INR
8/11/2026315.40 INR
8/10/2026312.85 INR
8/7/2026308.00 INR
8/6/2026316.65 INR
8/5/2026318.40 INR
8/4/2026317.65 INR
7/31/2026311.25 INR
7/30/2026306.20 INR
7/29/2026309.15 INR
7/28/2026309.25 INR
7/27/2026312.25 INR
7/24/2026302.40 INR
7/23/2026304.60 INR
7/22/2026305.90 INR
7/21/2026306.75 INR
7/20/2026305.85 INR
7/17/2026310.05 INR
7/16/2026309.55 INR
7/15/2026312.40 INR
7/14/2026315.30 INR
7/13/2026324.70 INR
7/10/2026321.25 INR
7/9/2026321.10 INR
7/8/2026314.30 INR
7/7/2026334.20 INR
7/6/2026335.60 INR
7/3/2026326.85 INR
7/2/2026315.25 INR
7/1/2026312.70 INR
6/30/2026310.75 INR
6/29/2026299.05 INR
6/25/2026299.00 INR
6/24/2026296.55 INR
6/23/2026286.35 INR
6/22/2026288.70 INR
6/19/2026286.50 INR
6/18/2026286.90 INR
6/17/2026294.15 INR
6/16/2026294.25 INR
6/15/2026294.15 INR
6/12/2026275.95 INR
6/11/2026256.90 INR
6/10/2026265.90 INR
6/9/2026265.55 INR
6/8/2026261.70 INR
6/5/2026268.60 INR
6/4/2026266.70 INR
6/3/2026267.85 INR
6/2/2026270.70 INR
6/1/2026271.25 INR
5/29/2026286.60 INR
5/27/2026281.70 INR
5/26/2026282.70 INR
5/25/2026279.35 INR
5/22/2026270.15 INR
5/21/2026269.85 INR
5/20/2026273.45 INR
5/19/2026277.95 INR
5/18/2026278.75 INR
5/15/2026280.75 INR
5/14/2026281.30 INR
5/13/2026281.90 INR
5/12/2026280.65 INR
5/11/2026295.00 INR
5/8/2026303.40 INR
5/7/2026303.65 INR
5/6/2026300.30 INR
5/5/2026290.45 INR
5/4/2026285.65 INR
5/1/2026279.73 INR
4/30/2026279.73 INR
4/29/2026285.42 INR
4/28/2026285.78 INR
4/27/2026287.79 INR
4/24/2026290.05 INR
4/23/2026292.12 INR
4/22/2026294.04 INR
4/21/2026291.90 INR
4/20/2026290.15 INR
4/17/2026287.14 INR
4/16/2026280.41 INR
4/15/2026281.01 INR
4/13/2026274.04 INR
4/10/2026278.43 INR
4/9/2026272.18 INR
4/8/2026275.46 INR
4/7/2026254.56 INR
4/6/2026255.45 INR
4/2/2026240.35 INR
4/1/2026244.95 INR
3/30/2026241.15 INR
3/27/2026251.65 INR
3/25/2026261.15 INR
3/24/2026254.70 INR
3/23/2026247.00 INR
3/20/2026260.95 INR
3/19/2026256.65 INR
3/18/2026270.00 INR
3/17/2026263.00 INR
3/16/2026259.50 INR
3/13/2026257.80 INR
3/12/2026265.40 INR
3/11/2026266.40 INR
3/10/2026275.00 INR
3/9/2026266.60 INR
3/6/2026271.80 INR
3/5/2026275.50 INR
2/27/2026280.25 INR
2/26/2026299.90 INR
2/25/2026303.45 INR
2/23/2026299.55 INR
2/20/2026297.75 INR
2/19/2026294.90 INR
2/18/2026300.25 INR
2/17/2026297.60 INR
2/16/2026295.10 INR
2/13/2026284.85 INR
2/12/2026292.40 INR
2/11/2026287.75 INR
2/10/2026293.70 INR
2/9/2026296.50 INR
2/6/2026285.00 INR
2/5/2026283.05 INR
2/4/2026286.60 INR
2/3/2026284.90 INR
2/2/2026278.15 INR
2/1/2026278.75 INR
1/30/2026286.00 INR
1/29/2026289.00 INR
1/28/2026289.70 INR
1/27/2026289.80 INR
1/23/2026287.00 INR
1/22/2026288.00 INR
1/21/2026283.00 INR
1/20/2026294.35 INR
1/19/2026299.90 INR
1/16/2026296.25 INR
1/14/2026295.95 INR
1/13/2026287.25 INR
1/12/2026297.20 INR
1/9/2026300.30 INR
1/8/2026306.95 INR
1/7/2026313.50 INR
1/6/2026318.90 INR
1/5/2026320.50 INR
1/2/2026319.10 INR
1/1/2026317.00 INR
12/31/2025316.00 INR
12/30/2025304.50 INR
12/29/2025299.80 INR
12/26/2025301.30 INR
12/24/2025302.85 INR
12/23/2025303.75 INR
12/22/2025303.40 INR
12/19/2025300.80 INR
12/18/2025300.20 INR
12/17/2025302.00 INR
12/16/2025299.75 INR
12/15/2025304.55 INR
12/12/2025307.50 INR
12/11/2025301.80 INR
12/10/2025303.50 INR
12/9/2025307.15 INR
12/8/2025299.00 INR
12/5/2025310.25 INR
12/4/2025300.00 INR
12/3/2025302.70 INR
12/2/2025306.00 INR
12/1/2025308.70 INR
11/28/2025311.20 INR
11/27/2025308.90 INR
11/26/2025307.40 INR
11/25/2025296.70 INR
11/24/2025292.50 INR
11/21/2025289.00 INR
11/20/2025292.50 INR
11/19/2025297.85 INR
11/18/2025296.95 INR
11/17/2025300.05 INR
11/14/2025294.10 INR
11/13/2025292.00 INR
11/12/2025294.40 INR
11/11/2025296.00 INR
11/10/2025301.05 INR
11/7/2025304.50 INR
11/6/2025275.20 INR
11/4/2025279.70 INR
11/3/2025279.90 INR
10/31/2025270.55 INR
10/30/2025268.35 INR
10/29/2025267.98 INR
10/28/2025269.00 INR
10/27/2025267.00 INR
10/24/2025266.70 INR
10/23/2025266.98 INR
10/21/2025267.50 INR
10/20/2025267.69 INR
10/17/2025266.56 INR
10/16/2025269.20 INR
10/15/2025271.36 INR
10/14/2025262.89 INR
10/13/2025266.99 INR
10/10/2025255.76 INR
10/9/2025260.19 INR
10/8/2025255.02 INR
10/7/2025259.00 INR
10/6/2025259.27 INR
10/3/2025262.90 INR
10/1/2025258.55 INR
9/30/2025249.30 INR
9/29/2025244.30 INR
9/26/2025235.72 INR
9/25/2025243.60 INR
9/24/2025246.36 INR
9/23/2025246.60 INR
9/22/2025248.30 INR
9/19/2025247.30 INR
9/18/2025247.52 INR
9/17/2025243.58 INR
9/16/2025240.42 INR
9/15/2025237.50 INR
9/12/2025235.00 INR
9/11/2025233.43 INR
9/10/2025232.88 INR
9/9/2025233.76 INR
9/8/2025234.25 INR
9/5/2025230.59 INR
9/4/2025228.15 INR
9/3/2025227.35 INR
9/2/2025222.00 INR
9/1/2025222.50 INR
8/29/2025217.00 INR
8/28/2025216.50 INR
8/26/2025220.00 INR
8/25/2025217.80 INR
8/22/2025222.77 INR
8/21/2025221.70 INR
8/20/2025216.40 INR
8/19/2025217.09 INR
8/18/2025210.89 INR
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L&T Finance Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
123.16 B INR
100.63 B INR
10.70 B INR
Jan 1, 2023
132.95 B INR
104.67 B INR
16.23 B INR
Jan 1, 2024
140.55 B INR
105.48 B INR
23.20 B INR
Jan 1, 2025
157.58 B INR
117.74 B INR
26.44 B INR
Jan 1, 2026 (e)
112.50 B INR
16.76 B INR
29.73 B INR
Jan 1, 2027 (e)
138.33 B INR
20.60 B INR
38.89 B INR
Jan 1, 2028 (e)
166.32 B INR
24.77 B INR
48.46 B INR
Jan 1, 2029 (e)
200.71 B INR
29.89 B INR
60.46 B INR

L&T Finance Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 17, 2026, 5:18 PM
 
REVENUEB INR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB INR
EBITB INR
EBIT MARGIN%
NET INCOMEB INR
NET INCOME GROWTH%
DIV.INR
DIV. GROWTH%
SHARESB
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
52.3763.3774.7185.71102.28132.83144.65140.76123.16132.95140.55157.58112.50138.33166.32200.71
31.1021.0117.8814.7219.3429.868.91-2.69-12.507.955.7212.12-28.6122.9520.2420.68
98.4098.8098.8299.0696.1197.5399.8799.8999.9999.99100.0089.19100.00100.00100.00100.00
51.5462.6273.8384.9098.31129.54144.47140.60123.14132.94140.55140.55112.50138.32166.31200.70
40.0247.6356.4059.7588.85113.91125.14121.14100.63104.67105.48117.7416.7620.6024.7729.89
76.4175.1675.5069.7186.8785.7686.5186.0681.7178.7375.0574.7214.8914.8914.8914.89
5.217.396.569.1412.5522.2617.009.7110.7016.2323.2026.4429.7338.8948.4660.46
-28.5541.83-11.2639.4837.2277.44-23.63-42.8910.2251.6942.9313.9412.4430.8424.5924.77
0.750.800.800.801.001.000.90–0.502.002.502.752.753.303.96–
–6.67––25.00–-10.00––300.0025.0010.00–20.0020.00–
1.851.851.861.911.982.162.132.172.482.482.492.492.492.492.492.49
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales L&T Finance generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue L&T Finance retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare L&T Finance's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares L&T Finance has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against L&T Finance's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

L&T Finance stock margins

The L&T Finance margin analysis displays the gross margin, EBIT margin, as well as the profit margin of L&T Finance. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for L&T Finance.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
99.89 %
86.06 %
6.90 %
Jan 1, 2022
99.99 %
81.71 %
8.69 %
Jan 1, 2023
99.99 %
78.73 %
12.21 %
Jan 1, 2024
100.00 %
75.05 %
16.51 %
Jan 1, 2025
100.00 %
74.72 %
16.78 %
Jan 1, 2026 (e)
100.00 %
14.89 %
26.42 %
Jan 1, 2027 (e)
100.00 %
14.89 %
28.12 %
Jan 1, 2028 (e)
100.00 %
14.89 %
29.13 %

L&T Finance Stock Revenue, EBIT, Earnings per Share

The L&T Finance earnings per share therefore indicates how much revenue L&T Finance has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
64.86 INR
55.82 INR
4.47 INR
Jan 1, 2022
49.66 INR
40.58 INR
4.32 INR
Jan 1, 2023
53.68 INR
42.26 INR
6.55 INR
Jan 1, 2024
56.35 INR
42.29 INR
9.30 INR
Jan 1, 2025
63.22 INR
47.24 INR
10.61 INR
Jan 1, 2026 (e)
45.13 INR
6.72 INR
11.93 INR
Jan 1, 2027 (e)
55.49 INR
8.27 INR
15.60 INR
Jan 1, 2028 (e)
66.72 INR
9.94 INR
19.44 INR

L&T Finance business model & stock analysis

L&T Finance Holdings Ltd is part of the Larsen & Toubro Group, a diversified conglomerate from India, which has been operating in many industries for almost 80 years. L&T Finance was established in 1994 and has since grown to become one of India's leading financial service providers. The business model of L&T Finance is based on providing financial services to the consumer, infrastructure, micro, small and medium enterprises sector. The company offers various financing options to different customers, including individuals, companies, and institutions, for real estate, vehicles, consumer goods, projects, and business expansions. It closely collaborates with its parent company Larsen & Toubro to offer customers access to a wide range of products and services. L&T Finance has several divisions focusing on specific areas of the financial sector. One of the key divisions is infrastructure financing, which concentrates on financing large-scale projects such as airports, highways, rail, and hydroelectric power plants. The company works closely with the government and other private institutions to create a broader financing base and minimize ripple effects. Another important division is investment management, which focuses on intermediating investments in securities, funds, and insurance. It provides customers with personalized solutions tailored to their individual needs. The division helps mitigate risks and also offers investment options for small and medium enterprises. Another significant area of focus is business finance, which supports companies in their expansion efforts. L&T Finance collaborates closely with the corporate sector of Larsen & Toubro Limited to provide customers with a broader range of products and services. The company also offers retail services such as vehicle finance, personal loans, and consumer finance. These services are targeted at individuals and families looking to finance the purchase of items like furniture, electronics, and household appliances. As an innovative company, L&T Finance has driven growth through technology and digital platforms. The company utilizes AI-based tools and machine learning to identify customers and develop solutions to meet their needs. It has also developed a mobile app that allows customers to manage their accounts and conduct transactions. Overall, L&T Finance has established a leading position in the Indian market for financial services. The company aims to offer innovative solutions and services to meet its customers' financing needs. With the backing of its parent company's extensive processing and administrative infrastructure, and an advanced digital platform, L&T Finance is well positioned to drive growth in the Indian market.

L&T Finance SWOT Analysis

Strengths

L&T Finance Holdings Ltd has a strong market presence and brand reputation in the financial services industry.

The company has a diversified product portfolio, offering a range of financial solutions including loans, investment management, and wealth management.

L&T Finance Holdings Ltd has established a robust distribution network, which enables it to reach a wide customer base across various regions.

Weaknesses

The company may face challenges in managing its non-performing assets (NPAs) and maintaining a healthy asset quality.

L&T Finance Holdings Ltd is dependent on external sources for funding, which exposes it to risks associated with fluctuations in interest rates and market liquidity.

The company's profitability may be affected by regulatory changes and compliance costs within the financial industry.

Opportunities

L&T Finance Holdings Ltd can capitalize on the growing demand for financial services in emerging markets, expanding its customer base and revenue streams.

The company has the opportunity to leverage technology advancements to enhance its operational efficiency and offer innovative digital financial solutions.

L&T Finance Holdings Ltd can explore strategic partnerships and acquisitions to expand its market presence and enter new geographic locations.

Threats

The company faces intense competition from other financial institutions and fintech companies, which could impact its market share and profitability.

L&T Finance Holdings Ltd is exposed to macroeconomic factors such as interest rate fluctuations, inflation, and economic uncertainties, which could affect its operations and financial performance.

Regulatory changes and compliance requirements pose a threat to the company's operations and may increase its costs of doing business.

L&T Finance Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

L&T Finance historical P/E ratio, EBIT multiple, and P/S ratio

L&T Finance annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

L&T Finance shares outstanding

The number of shares of L&T Finance was 2.49 B in 2025. This indicates how many shares L&T Finance is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
2.17 B Stocks
Jan 1, 2022
2.48 B Stocks
Jan 1, 2023
2.48 B Stocks
Jan 1, 2024
2.49 B Stocks
Jan 1, 2025
2.49 B Stocks
Jan 1, 2026 (e)
2.49 B Stocks
Jan 1, 2027 (e)
2.49 B Stocks
Jan 1, 2028 (e)
2.49 B Stocks

L&T Finance Dividend History

12 years of dividend payments · 3 consecutive increases

YearAnnual DividendYoY ChangePayments
20252.75INR↑ 10.0%1×
May 27, 20252.75INR↑ 10.0%1/1
20242.50INR↑ 25.0%1×
20232.00INR↑ 300.0%1×
20220.50INR↓ 44.4%1×
20200.90INR↓ 10.0%1×
20191.00INR 0.0%1×
20181.00INR↑ 25.0%1×
20170.80INR 0.0%1×
20160.80INR 0.0%1×
20150.80INR↑ 6.7%1×

L&T Finance dividend history and estimates

In 2025, L&T Finance paid a dividend amounting to 2.75 INR. Dividend means that L&T Finance distributes a portion of its profits to its owners.

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2020
0.90 INR
0.00 INR
Jan 1, 2022 (e)
0.00 INR
0.50 INR
Jan 1, 2023
2.00 INR
0.00 INR
Jan 1, 2024
2.50 INR
0.00 INR
Jan 1, 2025
2.75 INR
0.00 INR
Jan 1, 2026
2.75 INR
0.00 INR
Jan 1, 2027 (e)
0.00 INR
3.30 INR
Jan 1, 2028 (e)
0.00 INR
3.96 INR

L&T Finance dividend payout ratio

In 2025, L&T Finance had a payout ratio of 25.93%. The payout ratio indicates the percentage of the company's profits that L&T Finance distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
27.78 %
Jan 1, 2022
11.60 %
Jan 1, 2023
30.53 %
Jan 1, 2024
26.88 %
Jan 1, 2025
25.93 %
Jan 1, 2026 (e)
23.06 %
Jan 1, 2027 (e)
21.15 %
Jan 1, 2028 (e)
20.37 %

Current L&T Finance forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
17.86 %
Buy
72.73 % (16)
Hold
18.18 % (4)
Sell
9.09 % (2)
12M Price Target
336.60
Last Price
306.30
Currency
INR
12M Return Potential
9.89 %
LTM Return
0 %

EESG©

Eulerpool ESG Scorecard© for the L&T Finance stock

85/100
89
Environment
84
Social
83
Governance
E

Environment

20
Scope 1 - Direct Emissions405.47
Scope 2 - Indirect emissions from purchased energy4,755.45
Scope 3 - Indirect emissions within the value chain6,717.06
Total CO₂ emissions5,160.92
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees4.556
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

L&T Finance shareholder structure

% Name
66.29666%
Larsen and Toubro Ltd
Larsen and Toubro Ltd
3.47686%
Mirae Asset Global Investments (India) Pvt. Ltd.
Mirae Asset Global Investments (India) Pvt. Ltd.
1.70434%
Life Insurance Corporation of India
Life Insurance Corporation of India
1.65491%
Invesco Asset Management (India) Private Limited
Invesco Asset Management (India) Private Limited
1.58197%
Tata Asset Management Ltd.
Tata Asset Management Ltd.
1.47235%
ICICI Prudential Life Insurance Company Ltd.
ICICI Prudential Life Insurance Company Ltd.

L&T Finance Beneficial Ownership Filings (SEC 13D/G)

Free Float
33.7%
Float Shares
-
Shares Outstanding
-

L&T Finance Executives and Management Board

19 members · avg. age 65 · 26 % women

SR

Mr. Sudipta Roy (53)

Chief Executive Officer, Managing Director, Executive Director · since 2023

49.00 M INR

Management

SJ

Mr. Sachinn Joshi (60)

Chief Financial Officer

–
AG

Mr. Asheesh Goel

Chief Executive - Farmer Finance

–
SK

Ms. Sonia Krishnankutty

Chief Executive - Rural Business Finance

–
JS

Mr. Jinesh Shah

Chief Executive - Urban Secured Assets & 3rd Party Products

–
AS

Mr. Abhishek Sharma

Chief Executive - SME Finance · since 2024

–
RD

Mr. Raju Dodti

Chief Operating Officer · since 2024

–

Board of Directors

TT

Mr. Thomas Thumpeparambil (71)

Non-Executive Independent Director

3.49 M INR
RG

Dr. Rajani Gupte (69)

Non-Executive Independent Director

3.03 M INR
NV

Ms. Nishi Vasudeva (69)

Non-Executive Independent Director

2.80 M INR
RS

Dr. R. Seetharaman (66)

Non-Executive Independent Director

2.77 M INR
SS

Mr. Sekharipuram Subrahmanyan (65)

Non-Executive Chairperson of the Board

–
RR

Mr. Ramamurthi Raman (66)

Non-Executive Director

–

Frequently asked questions about L&T Finance

L&T Finance Holdings Ltd operates under a diversified business model. It provides financial services across various sectors such as retail, housing, and infrastructure finance. As a subsidiary of Larsen & Toubro (L&T), a leading engineering and construction company, L&T Finance Holdings leverages its strong parentage to support its activities. The company focuses on offering a wide range of financial solutions like loans, investment products, and wealth management services. L&T Finance Holdings aims to cater to the diverse financial needs of individuals and businesses, while delivering consistent value and growth opportunities for its shareholders.

L&T Finance Holdings Ltd is primarily active in the financial services industry.

The main competitors of L&T Finance Holdings Ltd in the market include Bajaj Finance Ltd, Mahindra & Mahindra Financial Services Ltd, and Shriram Transport Finance Company Ltd.

L&T Finance Holdings Ltd, a subsidiary of Larsen & Toubro, is a leading non-banking financial company in India. Founded in 1994, the company provides a comprehensive range of financial products and services, including retail and corporate lending, investment banking, wealth management, and infrastructure finance. With a strong presence in rural and semi-urban areas, L&T Finance Holdings has established itself as a trusted name in the Indian financial sector. It has witnessed significant growth over the years, expanding its network of branches and customer base across the country. L&T Finance Holdings continues to strive for excellence in delivering innovative and reliable financial solutions to its valued customers.

L&T Finance Holdings Ltd has achieved several significant milestones. The company has successfully established itself as a leading financial institution in India, serving diverse sectors including infrastructure, manufacturing, and real estate. L&T Finance Holdings Ltd has experienced substantial growth in its loan book, expanded its branch network, and gained recognition for its strong business performance. Moreover, the company has consistently enhanced its customer-centric approach, introducing innovative financial products and services. L&T Finance Holdings Ltd has also achieved commendable financial results, contributing to its reputation as a trusted and reliable partner for individuals and businesses seeking financial solutions.

L&T Finance Holdings Ltd primarily operates in India. The company is headquartered in Mumbai and has a strong presence across the country. With its pan-India network, L&T Finance Holdings Ltd provides a wide range of financial services to individuals and businesses. As a leading non-banking financial institution, L&T Finance Holdings Ltd has built a robust and diverse portfolio of offerings, including retail and corporate lending, asset management, wealth management, and infrastructure finance. With its strong reputation and expertise, L&T Finance Holdings Ltd continues to play a significant role in supporting India's economic growth and development.

L&T Finance Holdings Ltd is guided by a strong set of values and corporate philosophy. The company believes in the principles of integrity, transparency, and accountability in all its business operations. L&T Finance fosters a customer-centric approach, focusing on delivering innovative financial solutions tailored to meet the diverse needs of its clients. With a commitment to excellence, L&T Finance strives for continuous improvement and enhancement of stakeholder value. By promoting ethical practices and maintaining strong governance standards, L&T Finance upholds its reputation as a trusted financial institution.

Analysts currently set an average price target of 322.14 INR for the L&T Finance stock (median: 336.60 INR), implying +5.2 % versus the latest price. The consensus is based on 22 analyst ratings.

L&T Finance Analyst Price Targets 2026

22 analysts currently rate the L&T Finance stock: 16 recommend buying, 4 holding and 2 selling. For 2026, analysts expect L&T Finance to generate revenue of 112.50 B INR and earnings per share of 11.93 INR.

L&T Finance Analyst Price Targets 2026

Converted at the current exchange rate, the L&T Finance share trades at 2.77 EUR (306.30 INR).

L&T Finance Holdings Ltd is an Indian company that offers various financial services. The company was founded in 1994 and is headquartered in Mumbai. L&T Finance is part of the Larsen & Toubro group, which is one of the largest conglomerates in India. L&T Finance Holdings Ltd's business model is based on different business segments tailored to the needs of customers in various industries. The company provides financial services to retail customers, businesses, small and medium-sized enterprises (SMEs), and the agricultural sector. One of L&T Finance's main divisions is the retail finance segment. Here, the company offers financial products such as loans for cars, homes, and consumer goods. In addition, L&T Finance also offers gold loans, where customers can deposit their gold jewelry as collateral. Another product is the Rural Housing Loan, which is specifically designed for customers in rural areas. Another important business segment is the corporate finance segment. Here, the company offers a wide range of financial services to businesses, including project financing, capital market transaction structuring, infrastructure funding, and financing for high-growth companies. L&T Finance also has expertise in the Debt Capital Market (DCM) area, where companies sell their debt to a broad range of investors. Another crucial business segment of L&T Finance is the financing of small and medium-sized enterprises. The company offers market management, credit disbursement processes, digital invoicing, and risk analysis. The specialized services range from financial consulting to markets and coverage products. Last but not least, the agricultural sector is also an important business segment for L&T Finance. The company offers a variety of financial products for agriculture, including agricultural loans, product financing, working capital for farmers, agricultural insurance, and more. L&T Finance Holdings Ltd leverages its extensive expertise in the financial sector to offer tailored products to its customers. With a wide range of financial services and products, an experienced team, and a customized approach, L&T Finance is part of the most successful financial service businesses in India.

The expected revenue of L&T Finance is 112.50 B INR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of L&T Finance is 29.73 B INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of L&T Finance is currently 25.69. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the L&T Finance stock.

The price-to-sales ratio (P/S) of L&T Finance is currently 6.79. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the L&T Finance stock.

The Eulerpool Quality Score for L&T Finance is 7/10.

The ISIN of L&T Finance is INE498L01015. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of L&T Finance is LTF.NS. The ticker symbol is used to trade L&T Finance shares on the stock exchange.

Over the past 12 months, L&T Finance paid a dividend of 2.75 INR . This corresponds to a dividend yield of about 0.90 %. For the coming 12 months, L&T Finance is expected to pay a dividend of 3.30 INR.

The current dividend yield of L&T Finance is 0.90 %.

L&T Finance pays a dividend, distributed in the months of , , , .

L&T Finance paid dividends every year for the past 4 years.

For the upcoming 12 months, dividends amounting to 3.30 INR are expected. This corresponds to a dividend yield of 1.08 %.

L&T Finance is assigned to the 'Finance' sector.

To receive the latest dividend of L&T Finance from amounting to 2.75 INR, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, L&T Finance distributed 2 INR as dividends.

The dividends of L&T Finance are distributed in INR.

All fundamentals and in-depth analysis of L&T Finance

Our stock analysis for L&T Finance stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of L&T Finance. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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