Nifty
:
25571.25
Sensex
:
82814.71
116.90 (0.46%)
316.57 (0.38%)
Nifty
Sensex
:
:
25571.25
82814.71
116.90 (0.46%)
316.57 (0.38%)

L&T Finance Ltd.

Finance - NBFC

Rating :
72/99

BSE: 533519 | NSE: LTF

NSE BSE
297.75
20-Feb-2026
  • Open
  • High
  • Low
  • Previous Close
  •  294.5
  •  299
  •  292.8
  •  294.90
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  3472541
  •  1030979975
  •  329.45
  •  132.3

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 74,531.81
  • 26.52
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 1,29,480.53
  • 0.92%
  • 2.75

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 66.03%
  • 1.09%
  • 9.99%
  • FII
  • DII
  • Others
  • 6.66%
  • 15.18%
  • 1.05%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.13
  • 3.59
  • 7.62

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 3.40
  • 5.91
  • 5.97

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.97
  • 28.31
  • 10.89

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 16.70
  • 17.82
  • 17.37

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 1.57
  • 1.50
  • 1.78

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 11.74
  • 12.04
  • 11.46

Earnings Forecasts:

(Updated: 21-02-2026)
Description
2024
2025
2026
2027
Adj EPS
10.5
12.2
15.2
18.9
P/E Ratio
28.36
24.41
19.59
15.75
Revenue
15930.1
11260.7
13453.8
16145.6
EBITDA
9859.67
4634.4
5906.05
7192.05
Net Income
2617.81
3024.2
3777.6
4692.2
ROA
2.37
2.28
2.44
2.55
P/B Ratio
2.94
2.67
2.43
2.20
ROE
10.8
11.4
13
14.7
FCFF
-16781.8
FCFF Yield
-10.75
Net Debt
81549.7
99232.2
119717
146208
BVPS
101.39
111.6
122.3
135.5

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Net Sales
4,578.27
4,097.58
11.73%
4,335.75
4,019.34
7.87%
4,259.57
3,784.40
12.56%
4,022.92
3,670.30
9.61%
Expenses
1,800.09
1,675.80
7.42%
1,661.69
1,574.88
5.51%
1,639.95
1,482.49
10.62%
1,580.89
1,619.08
-2.36%
EBITDA
2,778.18
2,421.78
14.72%
2,674.06
2,444.46
9.39%
2,619.62
2,301.91
13.80%
2,442.03
2,051.22
19.05%
EBIDTM
60.68%
59.10%
61.67%
60.82%
61.50%
60.83%
60.70%
55.89%
Other Income
3.22
7.55
-57.35%
0.04
4.68
-99.15%
0.03
0.21
-85.71%
4.30
5.55
-22.52%
Interest
1,703.02
1,569.24
8.53%
1,634.29
1,476.28
10.70%
1,635.74
1,351.41
21.04%
1,599.83
1,335.09
19.83%
Depreciation
57.70
36.19
59.44%
50.95
33.29
53.05%
40.69
28.44
43.07%
40.98
27.66
48.16%
PBT
992.17
823.90
20.42%
988.86
939.57
5.25%
943.22
922.27
2.27%
805.52
694.02
16.07%
Tax
254.18
198.25
28.21%
253.98
242.89
4.57%
242.38
237.02
2.26%
169.68
141.00
20.34%
PAT
737.99
625.65
17.96%
734.88
696.68
5.48%
700.84
685.25
2.28%
635.84
553.02
14.98%
PATM
16.12%
15.27%
16.95%
17.33%
16.45%
18.11%
15.81%
15.07%
EPS
2.95
2.51
17.53%
2.94
2.79
5.38%
2.81
2.75
2.18%
2.55
2.23
14.35%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
17,196.51
15,924.24
13,576.51
12,774.95
11,929.70
13,352.85
14,106.01
12,989.72
10,212.73
8,340.59
7,288.79
Net Sales Growth
10.43%
17.29%
6.27%
7.09%
-10.66%
-5.34%
8.59%
27.19%
22.45%
14.43%
 
Cost Of Goods Sold
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit
17,196.51
15,924.24
13,576.51
12,774.95
11,929.70
13,352.85
14,106.01
12,989.72
10,212.73
8,340.59
7,288.79
GP Margin
100.00%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
6,682.62
8,540.19
7,203.45
7,250.43
9,171.61
7,811.69
6,088.34
4,830.29
3,820.60
2,800.63
2,002.25
Power & Fuel Cost
-
0.00
0.00
6.13
6.49
6.29
8.08
8.61
7.76
5.87
8.44
% Of Sales
-
0%
0%
0.05%
0.05%
0.05%
0.06%
0.07%
0.08%
0.07%
0.12%
Employee Cost
-
2,216.51
1,806.37
1,405.93
1,094.84
938.08
1,062.32
824.73
408.70
493.52
487.69
% Of Sales
-
13.92%
13.31%
11.01%
9.18%
7.03%
7.53%
6.35%
4.00%
5.92%
6.69%
Manufacturing Exp.
-
703.61
693.05
517.76
539.29
516.14
372.27
622.32
627.20
391.93
332.98
% Of Sales
-
4.42%
5.10%
4.05%
4.52%
3.87%
2.64%
4.79%
6.14%
4.70%
4.57%
General & Admin Exp.
-
893.29
880.35
746.19
488.89
278.59
344.02
353.28
249.17
273.62
309.17
% Of Sales
-
5.61%
6.48%
5.84%
4.10%
2.09%
2.44%
2.72%
2.44%
3.28%
4.24%
Selling & Distn. Exp.
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
% Of Sales
-
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Miscellaneous Exp.
-
4,726.78
3,823.68
4,580.55
7,048.59
6,078.88
4,309.73
3,029.96
2,535.53
1,641.57
0.00
% Of Sales
-
29.68%
28.16%
35.86%
59.08%
45.52%
30.55%
23.33%
24.83%
19.68%
11.97%
EBITDA
10,513.89
7,384.05
6,373.06
5,524.52
2,758.09
5,541.16
8,017.67
8,159.43
6,392.13
5,539.96
5,286.54
EBITDA Margin
61.14%
46.37%
46.94%
43.24%
23.12%
41.50%
56.84%
62.81%
62.59%
66.42%
72.53%
Other Income
7.59
2,252.79
2,157.40
2,539.58
4,340.83
2,817.97
2,317.37
1,840.55
581.80
241.61
182.36
Interest
6,572.88
6,006.68
5,386.66
5,822.21
5,773.43
7,237.74
7,573.37
6,898.38
5,476.24
4,635.36
4,133.42
Depreciation
190.32
138.90
114.77
111.24
102.64
85.66
81.59
49.62
51.93
67.30
82.81
PBT
3,729.77
3,491.26
3,029.03
2,130.65
1,222.85
1,035.73
2,680.08
3,051.98
1,445.76
1,078.90
1,252.67
Tax
920.22
847.84
711.90
172.37
373.62
523.11
979.82
819.95
168.24
36.44
398.98
Tax Rate
24.67%
24.28%
23.50%
-30.97%
30.55%
41.47%
36.56%
26.87%
11.64%
3.38%
31.85%
PAT
2,809.55
2,643.66
2,320.10
-642.12
870.10
760.29
1,700.17
2,226.30
1,253.85
1,036.44
853.69
PAT before Minority Interest
2,810.72
2,643.42
2,317.13
-728.89
849.23
738.23
1,700.26
2,232.03
1,277.52
1,042.47
853.69
Minority Interest
1.17
0.24
2.97
86.77
20.87
22.06
-0.09
-5.73
-23.67
-6.03
0.00
PAT Margin
16.34%
16.60%
17.09%
-5.03%
7.29%
5.69%
12.05%
17.14%
12.28%
12.43%
11.71%
PAT Growth
9.72%
13.95%
-
-
14.44%
-55.28%
-23.63%
77.56%
20.98%
21.41%
 
EPS
11.23
10.56
9.27
-2.57
3.48
3.04
6.79
8.90
5.01
4.14
3.41

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
25,564.06
23,438.44
21,528.37
19,947.70
18,773.20
14,692.42
13,448.60
11,406.74
9,107.34
8,408.55
Share Capital
2,494.87
2,488.94
2,479.67
2,474.04
2,469.45
2,004.83
1,998.81
1,995.68
2,969.12
2,966.80
Total Reserves
22,959.55
20,839.81
18,907.67
17,290.96
16,103.98
12,506.32
11,327.85
9,347.43
6,016.13
5,317.49
Non-Current Liabilities
37,999.30
31,290.79
38,845.54
48,854.96
50,146.85
57,293.78
53,697.61
50,458.70
43,485.99
37,561.03
Secured Loans
38,972.81
31,292.75
38,191.21
49,414.96
47,431.65
54,032.12
51,352.18
48,268.20
31,564.58
25,560.03
Unsecured Loans
620.72
1,736.00
2,424.35
817.84
4,293.87
4,588.92
4,110.21
4,019.18
11,665.77
11,471.10
Long Term Provisions
38.52
24.61
0.49
1.89
6.19
7.50
6.82
5.42
263.83
346.20
Current Liabilities
54,995.81
46,041.78
44,037.70
36,390.14
38,219.17
35,859.68
36,909.48
23,841.66
19,059.07
17,330.19
Trade Payables
1,371.70
1,221.85
806.39
432.61
371.74
64.84
119.69
163.99
72.64
68.71
Other Current Liabilities
701.32
1,118.44
595.01
727.39
677.06
379.73
676.47
664.59
7,140.43
10,267.38
Short Term Borrowings
52,653.37
43,512.12
42,427.89
34,968.43
36,830.25
35,273.45
36,044.59
22,960.90
11,764.10
6,695.53
Short Term Provisions
269.42
189.37
208.41
261.71
340.12
141.66
68.73
52.18
81.90
298.57
Total Liabilities
1,18,626.23
1,00,860.56
1,04,501.05
1,05,372.63
1,07,336.37
1,08,066.09
1,04,277.95
85,930.58
71,770.97
63,400.07
Net Block
640.72
519.35
533.42
184.63
811.03
789.06
759.64
755.61
1,229.87
1,312.67
Gross Block
1,238.75
1,013.89
934.86
474.99
1,056.61
959.37
880.44
841.67
1,600.62
1,683.86
Accumulated Depreciation
598.03
494.54
401.44
290.36
245.58
170.31
120.80
86.06
370.75
371.19
Non Current Assets
1,01,832.06
90,345.93
83,909.75
90,334.08
95,421.64
98,180.19
96,957.32
81,472.69
53,722.59
47,447.22
Capital Work in Progress
45.24
35.62
4.81
21.81
23.84
62.04
38.65
19.34
27.89
22.42
Non Current Investment
6,218.02
7,481.01
6,824.91
6,578.10
5,646.49
4,198.16
3,695.97
2,408.94
2,176.02
1,340.01
Long Term Loans & Adv.
313.66
291.67
677.28
695.99
663.87
901.24
642.97
593.37
596.76
571.22
Other Non Current Assets
841.36
658.89
695.68
59.93
918.90
456.18
127.80
211.98
357.26
319.70
Current Assets
16,794.17
10,514.63
20,591.30
14,296.12
11,914.73
9,801.36
7,320.63
4,457.89
18,048.37
15,952.85
Current Investments
5,657.95
4,903.88
7,541.29
5,338.84
3,225.64
1,781.11
4,944.84
2,892.55
3,835.51
2,223.27
Inventories
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Sundry Debtors
116.95
247.28
5.88
15.92
47.31
64.74
106.37
126.44
78.85
26.69
Cash & Bank
10,465.36
4,469.39
12,748.87
7,970.42
8,396.61
7,796.45
1,844.47
1,064.68
594.38
401.53
Other Current Assets
553.91
894.08
295.26
966.65
245.17
159.06
424.95
374.22
13,539.63
13,301.36
Short Term Loans & Adv.
0.00
0.00
0.00
4.29
0.00
0.00
0.00
0.00
12,373.19
12,259.24
Net Current Assets
-38,201.64
-35,527.15
-23,446.40
-22,094.02
-26,304.44
-26,058.32
-29,588.85
-19,383.77
-1,010.69
-1,377.34
Total Assets
1,18,626.23
1,00,860.56
1,04,501.05
1,04,630.20
1,07,336.37
1,07,981.55
1,04,277.95
85,930.58
71,770.96
63,400.07

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
-16,586.50
685.64
6,718.25
6,078.06
5,464.30
2,161.76
-11,643.45
-15,639.71
-5,779.41
-9,212.65
PBT
3,491.26
3,029.03
2,182.82
1,474.81
1,495.20
2,680.08
3,051.98
1,445.76
1,078.90
1,252.67
Adjustment
2,464.66
2,283.27
2,695.64
3,204.98
3,525.69
2,426.24
1,516.42
1,998.54
1,583.71
909.20
Changes in Working Capital
-7,149.87
-4,308.80
-263.98
-42.34
204.89
111.44
-48.32
250.01
-489.37
542.03
Cash after chg. in Working capital
-1,193.95
1,003.50
4,614.48
4,637.45
5,225.78
5,217.76
4,520.08
3,694.31
2,173.25
2,703.89
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-706.29
-317.86
-1,146.41
-372.11
-261.88
-817.13
-795.60
-649.14
-531.67
-610.78
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
-14,686.26
0.00
3,250.18
1,812.72
500.40
-2,238.87
-15,367.93
-18,684.88
-7,420.99
-11,305.76
Cash From Investing Activity
470.86
848.62
-334.76
-5,083.54
-2,024.48
159.52
-3,587.41
1,548.80
-2,117.54
-674.62
Net Fixed Assets
-223.02
-109.36
-1,015.39
0.00
0.13
-0.80
-0.73
0.08
0.50
0.01
Net Investments
538.80
2,027.02
-5,199.68
867.56
0.00
-923.49
-1,305.80
-2,196.22
-73.16
-465.14
Others
155.08
-1,069.04
5,880.31
-5,951.10
-2,024.61
1,083.81
-2,280.88
3,744.94
-2,044.88
-209.49
Cash from Financing Activity
15,418.51
-7,049.59
-1,663.81
-3,023.01
-2,090.68
1,450.53
16,008.19
14,677.79
7,952.10
9,426.40
Net Cash Inflow / Outflow
-697.13
-5,515.33
4,719.68
-2,028.49
1,349.14
3,771.81
777.33
586.88
55.15
-460.87
Opening Cash & Equivalents
3,593.35
9,108.68
4,915.98
6,947.79
5,598.69
1,826.65
1,049.39
462.51
398.17
859.03
Closing Cash & Equivalent
2,896.22
3,593.35
9,108.68
4,915.98
6,947.79
5,598.69
1,826.65
1,049.39
453.31
398.17

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
102.03
93.73
86.25
79.89
75.21
67.32
62.01
52.87
41.17
37.51
ROA
2.41%
2.26%
-0.69%
0.80%
0.69%
1.60%
2.35%
1.62%
1.54%
1.47%
ROE
10.84%
10.36%
-3.54%
4.43%
4.46%
12.22%
18.10%
13.37%
14.05%
12.76%
ROCE
8.72%
8.23%
5.02%
6.59%
7.87%
9.60%
10.39%
8.90%
8.86%
9.81%
Fixed Asset Turnover
14.14
13.93
18.12
15.58
13.25
15.33
15.10
8.36
5.08
4.57
Receivable days
4.17
3.40
2.95
2.71
2.70
2.60
3.46
3.73
2.31
1.20
Inventory Days
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Payable days
0.00
0.00
0.00
0.00
0.00
28.28
56.79
78.78
33.42
32.67
Cash Conversion Cycle
4.17
3.40
2.95
2.71
2.70
-25.68
-53.32
-75.05
-31.11
-31.47
Total Debt/Equity
3.62
3.28
3.88
4.31
4.77
6.47
6.87
6.63
6.66
6.23
Interest Cover
1.58
1.56
0.90
1.21
1.17
1.35
1.44
1.26
1.23
1.30

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • L&T Finance reports 18% rise in Q3 consolidated net profit
    17th Jan 2026, 12:31 PM

    The company’s consolidated total income increased by 11.60% at Rs 4,581.49 crore for Q3FY26

    Read More
  • L&T Finance - Quarterly Results
    17th Jan 2026, 00:00 AM

    Read More
  • L&T Finance raises Rs 50 crore through NCDs
    31st Dec 2025, 17:39 PM

    The NCDs have a Tenor of 3652 days and will mature on December 31, 2035

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.