More about L&T Finance Limited
Fundamentals for L&T Finance Limited
Regulatory Filings for L&T Finance Limited
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Fundamentals for L&T Finance Limited
Business Operations:
Sector: Financial ServicesIndustry: Credit Services
L&T Finance Limited, a non-banking financial company, engages in the provision of various financial products and services in India. It offers farmer finance services, that includes farm equipment finance; rural business finance services, such as agri allied, micro finance, and rural group loans; urban finance services, that includes two-wheeler finance, consumer loans, home loans, and loans against property; SME loans; and real estate finance and infrastructure finance services. 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.
Revenue projections:
With L&T Finance Limited's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
| currentRatio | 2.247000 |
|---|---|
| forwardPE | 14.923893 |
| debtToEquity | 393.442000 |
| earningsGrowth | 0.264000 |
| revenueGrowth | 0.319000 |
| grossMargins | 0.994980 |
| operatingMargins | 0.437230 |
| trailingEps | 11.870000 |
| forwardEps | 18.942780 |
L&T Finance Limited's current ratio of 2.247 means the company has enough liquidity to meet its short-term debt obligations. With sufficient cash reserves and current assets, L&T Finance Limited can comfortably cover its liabilities, reflecting a strong financial outlook.
LTF's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
L&T Finance Limited's high debt-to-equity ratio signals that the company is heavily leveraged. This suggests L&T Finance Limited may be relying more on debt than equity to finance its operations, which could expose the company to greater financial risk in challenging economic conditions.
LTF's positive earnings and revenue growth suggest the company is on a path to business expansion. This upward trend signals strong financial health, indicating that LTF is well-positioned for sustained growth in both profits and revenue.
LTF's positive gross and operating margins highlight its profitability and operational efficiency. These strong margins demonstrate the company's ability to control costs while generating substantial revenue, contributing to a healthy financial performance.
L&T Finance Limited's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that L&T Finance Limited's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.
Price projections:
L&T Finance Limited's price projections have consistently been revised higher, indicating growing confidence in the company's future potential. Analysts appear more optimistic about L&T Finance Limited's ability to generate strong results going forward.
Recommendation changes over time:
Analysts' recent buy bias toward LTF suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see LTF as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.
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