L&T Finance (LTF.NS) Stock Price
L&T Finance Price
Revenue has compounded at 120.1% per year over the past 17 years to 173.55 B INR. Earnings per share have grown at 16.5% per year over the last 16 years. L&T Finance's net margin stands at 17.2%, up from 9.4% several years earlier. L&T Finance currently offers a dividend yield of about 1.05%. The payout ratio is around 28% of earnings. The dividend has grown at 11.1% per year over the past 13 years. Analysts set a median price target of 336.60 INR, implying 28.9% above the current price. Of 22 analysts, 16 rate the stock a buy — an overall Buy consensus.
L&T Finance stock price
L&T Finance business model & stock analysis
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 +23.3 % versus the latest price. The consensus is based on 22 analyst ratings.
22 analysts currently rate the L&T Finance stock: 16 recommend buying, 4 holding and 2 selling.
Converted at the current exchange rate, the L&T Finance share trades at 2.41 EUR (261.20 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 revenue of L&T Finance is 173.55 B INR. This figure is based on current financial data and reflects the company's business performance.
The profit of L&T Finance is 29.81 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 22.03. 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 3.78. 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.
L&T Finance stock
L&T Finance Peer Group
L&T Finance FIGI
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.