LTF
L&T Finance Limited (LTF) Stock Analysis
L&T Finance Limited is the financial services arm of the Larsen & Toubro group, offering retail, rural, infrastructure, and wholesale lending products. It funds tractors, homes, SMEs, and project finance through diversified channels. Asset quality and funding costs are key drivers. It is listed on Indian stock exchanges.
Financial Services › Credit Services
₹261.20
-1.19% 1W | +0.50% 52W
Market Cap
65.5k CR
P/E Ratio
20.6
52W High
₹338.6
52W Low
₹234.9
Div. Yield
1.07%
Beta
0.7
50 DMA
₹303.2
200 DMA
₹290.6
Profit Margin
33.1%
Inst. Own.
18.1%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,223 | 3,214 | 3,534 | 3,670 | 3,784 | 4,019 | 4,098 | 4,023 | 4,260 | 4,336 | 4,578 | 4,771 | 5,213 |
| Interest | 1,364 | 1,325 | 1,353 | 1,335 | 1,351 | 1,476 | 1,569 | 1,600 | 1,636 | 1,634 | 1,703 | 1,747 | 1,970 |
| Expenses | 1,270 | 1,331 | 1,375 | 1,619 | 1,482 | 1,575 | 1,676 | 1,581 | 1,640 | 1,662 | 1,800 | 1,890 | 1,974 |
| Financing Profit | 590 | 557 | 806 | 716 | 950 | 968 | 853 | 842 | 984 | 1,040 | 1,075 | 1,134 | 1,269 |
| Financing Margin % | 18% | 17% | 23% | 20% | 25% | 24% | 21% | 21% | 23% | 24% | 23% | 24% | 24% |
| Other Income | 153 | 268 | 47 | 6 | 0 | 5 | 8 | 4 | 0 | 0 | -25 | 0 | 30 |
| Depreciation | 30 | 28 | 29 | 28 | 28 | 33 | 36 | 41 | 41 | 51 | 58 | 60 | 63 |
| Profit before tax | 714 | 797 | 824 | 694 | 922 | 940 | 824 | 806 | 943 | 989 | 992 | 1,074 | 1,236 |
| Tax % | 26% | 25% | 22% | 20% | 26% | 26% | 24% | 21% | 26% | 26% | 26% | 25% | 26% |
| Net Profit | 531 | 594 | 639 | 553 | 685 | 697 | 626 | 636 | 701 | 735 | 738 | 809 | 916 |
| EPS in Rs | 2.14 | 2.40 | 2.57 | 2.23 | 2.75 | 2.79 | 2.51 | 2.55 | 2.81 | 2.94 | 2.95 | 3.22 | 3.60 |
| Gross NPA % | |||||||||||||
| Net NPA % |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,456 | 7,440 | 8,532 | 10,215 | 13,365 | 14,104 | 13,353 | 11,930 | 12,775 | 14,252 | 15,924 | 17,914 | 18,898 |
| Interest | 3,577 | 4,133 | 4,635 | 5,458 | 6,882 | 7,552 | 7,230 | 5,765 | 5,812 | 5,387 | 6,007 | 6,734 | 7,054 |
| Expenses | 1,625 | 1,979 | 2,776 | 3,308 | 3,377 | 4,160 | 5,401 | 5,233 | 7,935 | 6,195 | 6,304 | 6,946 | 7,326 |
| Financing Profit | 1,254 | 1,328 | 1,120 | 1,449 | 3,105 | 2,392 | 722 | 932 | -972 | 2,670 | 3,614 | 4,234 | 4,518 |
| Financing Margin % | 19% | 18% | 13% | 14% | 23% | 17% | 5% | 8% | -8% | 19% | 23% | 24% | 24% |
| Other Income | 16 | 8 | 26 | 49 | -4 | 370 | 836 | 594 | 2,792 | 474 | 16 | -26 | 5 |
| Depreciation | 96 | 83 | 67 | 52 | 50 | 82 | 86 | 103 | 111 | 115 | 139 | 210 | 232 |
| Profit before tax | 1,175 | 1,253 | 1,079 | 1,446 | 3,052 | 2,680 | 1,472 | 1,423 | 1,709 | 3,029 | 3,491 | 3,998 | 4,291 |
| Tax % | 28% | 32% | 3% | 12% | 27% | 37% | 36% | 26% | 10% | 24% | 24% | 25% | |
| Net Profit | 855 | 857 | 1,048 | 1,278 | 2,232 | 1,700 | 949 | 1,049 | 1,536 | 2,317 | 2,643 | 2,983 | 3,198 |
| EPS in Rs | 4.04 | 3.97 | 4.83 | 5.11 | 9.06 | 6.90 | 3.93 | 4.33 | 6.55 | 9.32 | 10.60 | 11.90 | 12.71 |
| Dividend Payout % | 16% | 16% | 13% | 16% | 9% | 11% | 0% | 12% | 31% | 27% | 26% | 23% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 12.0% | 6.0% | 9.0% |
| Profit CAGR | 256.0% | 32.0% | 13.0% |
Shareholding Pattern
Promoters66.16%
FIIs6.19%
DIIs14.10%
Public13.55%
Promoters66.10%
FIIs6.40%
DIIs14.33%
Public13.15%
Promoters66.03%
FIIs6.66%
DIIs15.33%
Public11.99%
Promoters65.99%
FIIs7.64%
DIIs14.91%
Public11.48%
Promoters65.96%
FIIs7.71%
DIIs14.90%
Public11.45%
Promoters66.11%
FIIs11.35%
DIIs6.58%
Public15.96%
Promoters65.86%
FIIs11.04%
DIIs8.69%
Public14.39%
Promoters66.24%
FIIs5.48%
DIIs13.28%
Public15.01%
Promoters65.99%
FIIs7.64%
DIIs14.91%
Public11.48%
Promoters65.96%
FIIs7.71%
DIIs14.90%
Public11.45%
LTF
Holdings Analysis
Key strengths & risk signals
66
Overall
85
Fundamental
48
Technical
Risks (4)
VERY HIGH DEBT! D/E of 3.60 - significant risk.
WEAK POSITION! Current price (261.2) is below both moving averages.
NEGATIVE MOMENTUM! Price declined across timeframes - down 1.2% (1 week), 15.8% (1 month), 18.7% (3 months).
BEARISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 4,304,454 vs down days: 6,499,133. Ratio: 0.66x
Strengths (4)
EXCELLENT EFFICIENCY! 33.1% profit margin - company keeps strong profits.
BULLISH TREND! 50-day average (303.2) is above 200-day average (290.6) - positive signal.
LOW VOLATILITY! Beta of 0.70 - stable stock, less market risk.
APPROACHING OVERSOLD! RSI at 30.3 - watch for reversal.
Fundamental & Technical Analysis
66Overall
85Fundamental
48Technical
Fundamental Breakdown
Growth Quality
28/30
Revenue CAGR: 17.7% (VERY GOOD, 13/15). Profit CAGR: 22.5% (EXCELLENT, 15/15).
Profit Margin
10/10
EXCELLENT EFFICIENCY! 33.1% profit margin - company keeps strong profits.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.92 indicates stock is cheap relative to growth.
Dividend Yield
5/10
LOW DIVIDEND! 1.07% yield - minimal income contribution.
Debt to Equity
2/10
VERY HIGH DEBT! D/E of 3.60 - significant risk.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 14.73% public ownership - strong promoter/institutional control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
10/10
BULLISH TREND! 50-day average (303.2) is above 200-day average (290.6) - positive signal.
Price Position
2/10
WEAK POSITION! Current price (261.2) is below both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
4/10
POSITIVE YEAR! Stock gained 0.5% in the last year.
Volume Sentiment
10/30
BEARISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 4,304,454 vs down days: 6,499,133. Ratio: 0.66x
RSI
4/5
APPROACHING OVERSOLD! RSI at 30.3 - watch for reversal.
52W Range
2/5
LOWER HALF! Trading at 25.4% of 52W range - weakness visible.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 1.2% (1 week), 15.8% (1 month), 18.7% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.70 - stable stock, less market risk.
LTF
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-07-20 | Concall PDF | |
| Q2FY262026-01-27 | Concall PDF | |
| Q1FY262025-10-27 | Concall PDF |
Peer Comparison
Financial Services · Credit Services · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LTF | ₹261.20 | 20.6 | 33.1% | 17.7% | 22.5% | +0.5% | 66 | BREAKDOWN | +28.7% | +11.9% | +21.8% | +9.4% |
| SBICARD | ₹562.00 | 23.5 | 18.2% | 13.5% | -1.4% | -40.6% | 56 | BREAKDOWN | +19.5% | +9.0% | +0.7% | 0.0% |
| RECLTD | ₹300.00 | 4.9 | 68.9% | 14.4% | 13.5% | -20.9% | 60 | APPROACHING SUPPORT | -6.1% | +24.2% | -14.8% | -17.4% |
| HDBFS | ₹588.60 | 17.7 | 29.8% | 14.0% | 9.1% | -20.4% | 78 | BREAKDOWN | +38.3% | +4.6% | +10.9% | +4.0% |
| PIRAMALFIN | ₹1,971.20 | 26.5 | 32.2% | 16.9% | – | +49.8% | 54 | BREAKDOWN | +66.1% | -8.3% | +28.0% | +7.5% |
| SUNDARMFIN | ₹4,113.60 | 20.4 | 46.1% | 18.6% | 15.7% | -2.5% | 57 | BREAKDOWN | +33.9% | +14.8% | +18.1% | +1.6% |
| M&MFIN | ₹319.40 | 13.7 | 30.9% | 13.3% | 11.3% | +10.1% | 70 | CONSOLIDATING DOWN | +75.4% | -1.3% | +20.9% | +0.2% |
| POONAWALLA | ₹447.30 | 47.2 | 22.7% | 51.4% | -7.5% | -17.2% | 65 | BOUNCE FROM SUPPORT | +391.5% | +20.8% | +82.4% | +12.1% |
Data from TradeAlone · Updated daily
LTF News
L&t Finance Limited (LTF) Q1fy27: Highest Ever PAT of Rs. 902 Crore, Retail Book Growth of 28% Yoy2026-07-10L&T Finance Limited (LTF) cools off after resistance breakout, down 5%2026-07-08L&T Finance Limited (LTF) +6%: Shifts to Consolidation2026-06-15L&T Finance Limited (LTF) surges 6.72% on strong growth outlook2026-06-15
