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 The projected decline in LTF's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
currentRatio
2.03700
forwardPE
11.36797
debtToEquity
360.39200
earningsGrowth
0.14400
revenueGrowth
-0.09100
grossMargins
0.99073
operatingMargins
0.42339
trailingEps
10.56000
forwardEps
14.07000
LTF's current ratio being 2.037 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that LTF can meet its financial obligations with ease. With L&T Finance Limited's Forward PE in a favorable range, the stock appears reasonably priced compared to its earnings. This suggests that it's not overpriced and there is room for growth, providing an encouraging opportunity for investors seeking future value increases. LTF's high debt-to-equity ratio signals significant reliance on debt to finance its operations. This heavy leverage can increase financial risk, especially if the company faces a decline in revenue or struggles to meet its debt obligations. LTF's low growth in both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future. LTF's positive gross and operating margins suggest strong profitability. These margins reflect effective cost management and revenue generation, indicating that the company is efficiently managing its operations and maintaining financial health. LTF's forward EPS being higher than its trailing EPS signals anticipated growth in profitability for the current financial year. This suggests that LTF is on track to improve its earnings, outpacing the previous year's performance and reflecting positive market expectations.
Price projections:
Price projections for LTF LTF's price has consistently hovered around the lower end of analysts' projections. This pattern may reflect concerns regarding the company's ability to achieve its anticipated growth.
Recommendation changes over time:
Recommendations trend for LTF
The recent buy bias from analysts suggests L&T Finance Limited is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, L&T Finance Limited appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
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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