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L&T Finance Ltd (IN:LTF)
:LTF
India Market

L&T Finance Ltd (LTF) Ratios

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L&T Finance Ltd Ratios

IN:LTF's free cash flow for Q2 2026 was ₹0.60. For the 2026 fiscal year, IN:LTF's free cash flow was decreased by ₹ and operating cash flow was ₹0.36. See a summary of the company’s cash flow.
Ratios
TTM
Mar 25Mar 24Mar 23Mar 22
Liquidity Ratios
Current Ratio
0.00 0.00 3.26 11.25 14.31
Quick Ratio
0.00 0.00 3.26 11.25 14.31
Cash Ratio
0.00 0.00 2.99 14.90 14.07
Solvency Ratio
0.03 0.03 0.03 0.02 0.01
Operating Cash Flow Ratio
0.00 0.00 0.56 8.33 14.04
Short-Term Operating Cash Flow Coverage
0.00 -0.36 0.02 0.19 0.17
Net Current Asset Value
₹ -1.01T₹ -839.45B₹ -752.12B₹ -756.69B₹ -805.86B
Leverage Ratios
Debt-to-Assets Ratio
0.77 0.77 0.75 0.78 0.79
Debt-to-Equity Ratio
3.72 3.61 3.27 3.86 4.25
Debt-to-Capital Ratio
0.79 0.78 0.77 0.79 0.81
Long-Term Debt-to-Capital Ratio
0.79 0.61 0.58 0.79 0.72
Financial Leverage Ratio
4.83 4.71 4.38 4.94 5.36
Debt Service Coverage Ratio
0.84 0.05 0.05 -0.02 0.02
Interest Coverage Ratio
0.98 0.58 0.56 -0.10 0.21
Debt to Market Cap
1.45 2.26 1.89 5.79 4.28
Interest Debt Per Share
411.20 394.79 330.03 358.93 366.43
Net Debt to EBITDA
17.82 22.46 23.21 -159.52 59.56
Profitability Margins
Gross Profit Margin
59.69%61.72%59.38%52.94%49.28%
EBIT Margin
29.03%22.29%22.88%-4.52%10.78%
EBITDA Margin
30.17%23.17%23.75%-3.62%11.66%
Operating Profit Margin
29.03%22.29%22.88%-4.52%10.78%
Pretax Profit Margin
22.31%22.29%22.88%-4.52%10.78%
Net Profit Margin
16.81%16.88%17.53%13.18%9.43%
Continuous Operations Profit Margin
16.80%16.87%17.51%-5.92%7.49%
Net Income Per EBT
75.36%75.72%76.60%-291.68%87.51%
EBT Per EBIT
76.84%100.00%100.00%100.00%100.00%
Return on Assets (ROA)
2.21%2.20%2.26%1.53%1.00%
Return on Equity (ROE)
11.03%10.34%9.90%7.54%5.36%
Return on Capital Employed (ROCE)
3.81%2.90%2.98%-0.53%1.15%
Return on Invested Capital (ROIC)
0.00%1.59%1.47%-0.36%0.55%
Return on Tangible Assets
2.22%2.20%2.26%1.53%1.00%
Earnings Yield
4.18%7.03%5.74%7.99%5.37%
Efficiency Ratios
Receivables Turnover
230.13 127.87 52.83 71.76 112.56
Payables Turnover
0.00 4.37 4.40 7.19 13.30
Inventory Turnover
0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
26.96 30.49 32.30 30.28 202.03
Asset Turnover
0.13 0.13 0.13 0.12 0.11
Working Capital Turnover Ratio
0.00 2.31 2.40 1.76 1.79
Cash Conversion Cycle
1.59 -80.64 -76.03 -45.68 -24.20
Days of Sales Outstanding
1.59 2.85 6.91 5.09 3.24
Days of Inventory Outstanding
0.00 0.00 0.00 0.00 0.00
Days of Payables Outstanding
0.00 83.49 82.94 50.77 27.44
Operating Cycle
1.59 2.85 6.91 5.09 3.24
Cash Flow Ratios
Operating Cash Flow Per Share
-16.55 -66.57 2.76 27.12 24.57
Free Cash Flow Per Share
-16.86 -67.35 2.28 26.61 24.27
CapEx Per Share
0.32 0.78 0.48 0.52 0.31
Free Cash Flow to Operating Cash Flow
1.02 1.01 0.83 0.98 0.99
Dividend Paid and CapEx Coverage Ratio
-5.40 -20.28 1.11 26.69 78.33
Capital Expenditure Coverage Ratio
-52.19 -84.94 5.77 52.52 78.33
Operating Cash Flow Coverage Ratio
-0.04 -0.18 <0.01 0.08 0.07
Operating Cash Flow to Sales Ratio
-0.25 -1.06 0.05 0.55 0.54
Free Cash Flow Yield
-6.27%-44.63%1.40%32.43%30.11%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
23.93 14.22 17.43 12.52 18.62
Price-to-Sales (P/S) Ratio
4.03 2.40 3.05 1.65 1.76
Price-to-Book (P/B) Ratio
2.55 1.47 1.72 0.94 1.00
Price-to-Free Cash Flow (P/FCF) Ratio
-15.95 -2.24 71.32 3.08 3.32
Price-to-Operating Cash Flow Ratio
-16.25 -2.27 58.96 3.03 3.28
Price-to-Earnings Growth (PEG) Ratio
5.88 1.05 0.41 0.24 -5.23
Price-to-Fair Value
2.55 1.47 1.72 0.94 1.00
Enterprise Value Multiple
31.17 32.82 36.07 -205.12 74.63
Enterprise Value
1.57T 1.19T 1.13T 914.13B 986.92B
EV to EBITDA
31.17 32.82 36.07 -205.12 74.63
EV to Sales
9.40 7.60 8.57 7.42 8.70
EV to Free Cash Flow
-37.25 -7.10 200.00 13.87 16.45
EV to Operating Cash Flow
-37.97 -7.18 165.36 13.61 16.25
Tangible Book Value Per Share
102.84 102.18 94.13 86.74 80.79
Shareholders’ Equity Per Share
105.32 102.60 94.36 86.92 80.67
Tax and Other Ratios
Effective Tax Rate
0.25 0.24 0.24 -0.31 0.31
Revenue Per Share
66.81 62.87 53.29 49.73 45.88
Net Income Per Share
11.23 10.61 9.34 6.55 4.33
Tax Burden
0.75 0.76 0.77 -2.92 0.88
Interest Burden
0.77 1.00 1.00 1.00 1.00
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 0.04 0.04 0.05 0.04
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
-1.22 -4.75 0.23 3.08 4.12
Currency in INR