L&T Finance Limited
NSE: LTF · Non Banking Financial Company (NBFC) · sector
₹241.10NSE close 2026-10-26
Key numbers
Market cap₹60,381 cr
Price₹241.10
52w high / low₹339 / ₹235
P/E17.1xSector median 13.8x
P/B2.1xSector median 1.1x
Book value₹116.2
Dividend yield1.14%Sector median 0.61%
ROE12.8%Sector median 3.6%
ROA2.25%Sector median 1.94%
Gross NPA–
Net NPA–
CET1–
Sales growth 3y+273.2%Sector median +24.6%
Profit growth 3y+6.4%Sector median +28.6%
PEG2.80x
Last 12 months to Sep 2026, Standalone. "Sector median" = middle value of 250 companies in Non Banking Financial Company (NBFC) (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- No promoter shares are pledged.
- Total income was higher than a year earlier in 4 of the last 4 quarters.
- Dividend paid in 4 of the last 5 financial years.
- Price ₹241.10 on 2026-10-26: -28.8% from the 52-week high, +2.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹322.20 · low ₹135.74
Total incomeNet profit
Total incomeNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Total income | 4,095 | 4,020 | 4,257 | 4,333 | 4,578 | 4,921 | 5,213 | 5,484 |
| Net interest income | 4,095 | 4,020 | 4,257 | 4,333 | 4,578 | 4,921 | 5,213 | 5,484 |
| Other income | 8 | 5 | 0 | 0 | 4 | 0 | 31 | 0 |
| Net profit | 619 | 631 | 694 | 728 | 731 | 947 | 895 | 968 |
| EPS (₹) | 2.48 | 2.53 | 2.78 | 2.91 | 2.92 | 3.78 | 3.57 | 3.86 |
| Revenue YoY | +11.8% | +22.4% | +22.5% | +26.6% | ||||
| Profit YoY | +18.1% | +50.2% | +29.0% | +33.1% |
Standalone figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 336 | 347 | 13,574 | 15,912 | 18,050 | 20,196 |
| Net profit | 218 | 2,572 | 2,286 | 2,618 | 3,100 | 3,542 |
| EPS (₹) | 0.88 | 10.38 | 9.20 | 10.50 | 12.40 | 14.13 |
| Revenue growth | +3.4% | +3,807.8% | +17.2% | +13.4% | +20.9% | |
| Profit growth | +1,078.7% | -11.1% | +14.5% | +18.4% | +32.6% | |
| Dividend / share (₹) | – | 0.50 | 2.00 | 2.50 | 2.75 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +273.2% | +153.8% | +20.9% |
| Net profit | +6.4% | +92.9% | +32.6% |
| EPS | +6.1% | +87.2% | – |
| Share price | – | +24.7% (2y) | -8.3% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 13,753 | 23,195 | 25,295 | 27,833 |
| Borrowings | – | 5 | 44,430 | 61,559 | 77,146 |
| Cash & equivalents | – | 65 | 4,644 | 10,823 | 7,952 |
| Total assets | – | 13,848 | 1,02,351 | 1,20,033 | 1,41,943 |
| Fixed assets | – | 0 | 56 | 102 | 169 |
| Capital work in progress | – | 0 | 0 | 0 | – |
| Inventory | – | 0 | 0 | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 408 | -1,433 | 637 | -16,608 | -14,237 |
| Cash from investing | -1 | 1,539 | 859 | 499 | 398 |
| Cash from financing | -1,664 | -213 | -7,040 | 15,441 | 15,433 |
| Capex | 0 | 0 | 120 | 191 | 236 |
| Free cash flow | 408 | -1,433 | 518 | -16,799 | -14,473 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 18.7% | 9.9% | 10.3% | 11.1% |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 65.93% |
| FIIs | 7.38% |
| DIIs | 15.79% |
| of which Mutual funds | 12.65% |
| of which Insurance | 2.89% |
| Government | 0.00% |
| Public (non-institutions) | 10.89% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 66.25% | 66.24% | 66.16% | 66.10% | 66.03% | 65.99% | 65.96% | 65.93% |
| Promoter group | % |
|---|---|
| Larsen & Toubro Limited | 65.93% |
| Bhilai Power Supply Company Limited | 0.00% |
| L&T Aviation Services Private Limited | 0.00% |
| L&T Capital Company Limited | 0.00% |
| L&T Global Holdings Limited | 0.00% |
| Larsen & Toubro International FZE | 0.00% |
| L&T Community Welfare Association | 0.00% |
| L&T Semiconductor Technologies Limited | 0.00% |
| L&T Metro Rail (Hyderabad) Limited | 0.00% |
| L&T Financial Consultants Limited | 0.00% |
| L&T Infra Investment Partners Advisory Private Limited | 0.00% |
| L&T Infra Investment Partners Trustee Private Limited | 0.00% |
| L&T Energy Green Tech Limited | 0.00% |
| L&T Electrolysers Limited | 0.00% |
| L&T Special Steels and Heavy Forgings Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Kotak Contra Fund | 2.93% |
| Invesco India Flexi CAP Fund | 2.03% |
| Mirae Asset Midcap Fund | 1.50% |
| Motilal Oswal Nifty Midcap 100 ETF | 1.35% |
| SBI Life Insurance Co. Ltd | 1.00% |
7,38,634 shareholders. Pledged: 0.00% of promoter shares.
Peers in Non Banking Financial Company (NBFC)
| Company | Market cap | P/E | P/B | ROE | ROA | Gross NPA | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| BAJFINANCE | ₹5,71,790 cr | 28.1x | 5.2x | 19.9% | 4.14% | – | +25.1% | 0.60% |
| SHRIRAMFIN | ₹1,55,223 cr | 14.6x | 2.4x | 18.5% | 3.51% | – | +17.4% | 0.94% |
| TATACAP | ₹1,27,155 cr | 34.6x | 3.3x | 9.3% | 1.76% | – | – | 0.14% |
| CHOLAFIN | ₹1,23,499 cr | 21.4x | 4.1x | 21.2% | 2.34% | – | +34.4% | 0.14% |
| MUTHOOTFIN | ₹96,184 cr | 9.1x | 2.5x | 32.1% | 5.91% | – | +37.9% | 1.08% |
| LTF | ₹60,381 cr | 17.1x | 2.1x | 12.8% | 2.25% | – | +273.2% | 1.14% |
| SBICARD | ₹51,225 cr | 22.5x | 3.3x | 15.4% | 3.43% | – | +13.3% | 0.42% |
| PIRAMALFIN | ₹44,923 cr | 21.9x | 1.4x | 6.3% | 1.66% | – | – | 0.55% |
| SUNDARMFIN | ₹43,352 cr | 22.5x | 3.4x | 16.2% | 2.82% | – | +23.8% | 0.95% |
| HDBFS | ₹41,560 cr | 14.0x | 1.9x | 14.3% | 2.26% | – | – | 0.59% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-05-22 | Dividend | Dividend - Rs 2.75 Per Share |
| 2025-05-27 | Dividend | Dividend - Rs 2.75 Per Share |
| 2024-06-18 | Dividend | Dividend - Rs 2.50 Per Share |
| 2023-07-21 | Dividend | Dividend - Rs 2 Per Share |
| 2022-07-01 | Dividend | Dividend - Rs 0.50 Per Share |
| 2021-07-19 | Other | Annual General Meeting |
| 2021-01-21 | Rights | Rights 17:74@ Premium Rs 55 Per Share |
| 2020-07-20 | Other | Annual General Meeting |
| 2020-03-26 | Dividend | Interim Dividend - Rs 0.90 Per Share |
| 2019-07-19 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2018-08-20 | Dividend | Annual General Meeting/Dividend- Re 1 Per Share |
| 2017-08-18 | Dividend | Annual General Meeting/Dividend - Re 0.80 Per Share |
| 2016-08-12 | Dividend | Annual General Meeting/ Dividend - Re 0.80/- Per Share |
| 2015-09-01 | Dividend | Annual General Meeting/ Dividend - Re 0.80/- Per Share |
| 2014-07-18 | Dividend | Annual General Meeting / Dividend - Re 0.75/- Per Share |
| 2013-07-26 | Dividend | Annual Generalmeeting / Dividend Rs.0.75 Per Equity Share |
| 2012-08-03 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Financial and insurance service: A leading diversified retail Non-Banking Financial Company lending to rural and urban customers Pan-India
| Sector | Financial Services |
| Industry | Non Banking Financial Company (NBFC) |
| Sub-industry | Non Banking Financial Company (NBFC) |
| Symbol | LTF |
| BSE code | 533519 |
| ISIN | INE498L01015 |
| Face value | ₹10.0 |
| Incorporated | 2008-05-01 |
| Website | www.ltfinance.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.