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:
Revenue projections for LTF With LTF'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
2.037000
forwardPE
13.403722
debtToEquity
360.392000
earningsGrowth
0.144000
revenueGrowth
-0.091000
grossMargins
0.990730
operatingMargins
0.423390
trailingEps
10.580000
forwardEps
14.070000
L&T Finance Limited's current ratio of 2.037, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as L&T Finance Limited has enough cash and current assets to handle its immediate liabilities comfortably. L&T Finance Limited's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced. 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 low earnings and revenue growth indicate potential profit shrinkage. This suggests that the company's financial performance may be weakening, raising concerns about its future profitability and overall business outlook. LTF's positive gross and operating margins reflect its ability to generate profits from operations. These margins demonstrate efficient cost control and profitability, indicating strong financial health for the company. With LTF's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in LTF's growth potential, as improved earnings are forecasted compared to the prior year's performance.
Price projections:
Price projections for LTF The steady upward revision of LTF's price projections indicates growing confidence in the company's future. Analysts are increasingly optimistic about LTF's potential to deliver strong results and increased market value.
Recommendation changes over time:
Recommendations trend for LTF
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.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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