More about L&T Finance Limited
Fundamentals 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 LTF's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.
Financial Ratios:
| currentRatio | 56.472000 |
|---|---|
| forwardPE | 14.811287 |
| debtToEquity | 393.442000 |
| earningsGrowth | 0.265000 |
| revenueGrowth | 0.302000 |
| grossMargins | 1.000000 |
| operatingMargins | 0.433400 |
| trailingEps | 11.890000 |
| forwardEps | 18.957840 |
L&T Finance Limited's current ratio of 56.472 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. L&T Finance Limited's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
LTF's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
L&T Finance Limited's high debt-to-equity ratio reveals that the company is heavily reliant on debt for financing. This high level of leverage increases the risk of financial strain if profits decline or interest rates rise.
LTF's positive earnings and revenue growth signal that the company is expected to expand its business. This healthy financial trend reflects an optimistic outlook, suggesting continued growth in both sales and profits for LTF.
LTF's positive gross and operating margins reflect strong profitability and operational efficiency. These metrics indicate the company's ability to control costs while maintaining healthy revenue, contributing to its solid financial performance.
LTF's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in LTF's earnings potential, suggesting stronger financial performance compared to the previous year.
Price projections:
Over time, price projections for L&T Finance Limited have risen steadily, pointing to growing optimism among analysts about the company's future. This upward trend suggests a positive outlook for L&T Finance Limited's continued growth.
Recommendation changes over time:
Analysts have shown a buy bias for L&T Finance Limited, marking it as a favorable investment option. This could inspire investors to see L&T Finance Limited as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
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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