L&T Finance Ltd (IN:LTF)
:LTF
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L&T Finance Ltd
(LTF)
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Rating:62Neutral
Price Target:
₹288.00
▲(5.26% Upside)
Action:ReiteratedDate:11/08/25
L&T Finance Ltd's overall stock score is driven by strong financial performance in terms of revenue growth and profitability, despite challenges with leverage and cash flow. The technical analysis indicates bullish momentum, but the stock appears overbought. Valuation metrics suggest the stock is expensive, with a low dividend yield, which may not appeal to value or income investors.
Positive Factors
Revenue growth & margins
Sustained 27.29% revenue growth with a 61.72% gross margin signals scalable lending operations and pricing power. Over 2–6 months this structural revenue momentum and high gross margin provide a durable buffer to absorb credit costs and fund reinvestment.
Negative Factors
High leverage
A debt/equity ratio of 3.61 reflects significant leverage, raising structural susceptibility to rising interest rates or funding stress. High gearing reduces financial flexibility, increases interest burden, and magnifies earnings volatility if loan performance weakens.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth & margins
Sustained 27.29% revenue growth with a 61.72% gross margin signals scalable lending operations and pricing power. Over 2–6 months this structural revenue momentum and high gross margin provide a durable buffer to absorb credit costs and fund reinvestment.
Read all positive factors
L&T Finance Ltd (LTF) vs. iShares MSCI India ETF (INDA)
Market Cap
₹696.43B
Dividend Yield0.91%
Average Volume (3M)257.63K
Price to Earnings (P/E)26.8
Beta (1Y)1.81
Revenue Growth15.90%
EPS Growth4.53%
CountryIN
Employees30,534
SectorFinancial
Sector Strength70
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)3.00
Shares Outstanding2,504,699,000
10 Day Avg. Volume316,895
30 Day Avg. Volume257,629
Financial Highlights & Ratios
PEG Ratio1.05
Price to Book (P/B)1.47
Price to Sales (P/S)2.40
P/FCF Ratio-2.24
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹302.50Price Target Upside10.56% Upside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)15.21
Revenue Forecast (FY)₹135.00B
L&T Finance Ltd Business Overview & Revenue Model
Company Description
L&T Finance Limited, a non-banking financial company, engages in the provision of various financial products and services in India. It operates through Retail Finance, Wholesale Finance, Defocused Business, and Others segments. The Retail Finance ...
How the Company Makes Money
LTF primarily makes money by lending and earning interest and fee-based income. The core revenue stream is net interest income: it raises funds (e.g., through bank borrowings, market instruments, and other permitted funding sources for NBFCs) and ...
L&T Finance Ltd Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
65
Positive
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 164.79B | 156.66B | 132.36B | 123.19B | 113.44B | 107.03B |
| Gross Profit | 99.89B | 96.69B | 78.59B | 65.21B | 55.90B | 34.90B |
| EBITDA | 42.36B | 36.30B | 31.44B | -4.45B | 13.25B | 13.47B |
| Net Income | 26.99B | 26.44B | 23.20B | 16.23B | 10.70B | 9.71B |
Balance Sheet | ||||||
| Total Assets | 1.27T | 1.20T | 1.03T | 1.06T | 1.07T | 1.09T |
| Cash, Cash Equivalents and Short-Term Investments | 80.81B | 108.33B | 36.48B | 89.04B | 60.88B | 72.59B |
| Total Debt | 979.70B | 923.72B | 766.03B | 831.05B | 848.51B | 885.88B |
| Total Liabilities | 1.01T | 947.78B | 791.90B | 847.44B | 867.75B | 900.01B |
| Stockholders Equity | 263.58B | 255.64B | 234.38B | 215.28B | 199.48B | 187.73B |
Cash Flow | ||||||
| Free Cash Flow | -42.20B | -167.82B | 5.67B | 65.90B | 60.01B | 54.12B |
| Operating Cash Flow | -41.41B | -165.86B | 6.86B | 67.18B | 60.75B | 54.64B |
| Investing Cash Flow | -2.51B | 4.71B | 8.49B | -3.35B | -50.84B | -20.24B |
| Financing Cash Flow | 36.07B | 154.19B | -70.37B | -16.64B | -30.23B | -20.91B |
L&T Finance Ltd Technical Analysis
Positive
273.60
Price Trends
276.06
Positive
288.94
Negative
260.02
Positive
Market Momentum
-2.93
Negative
56.61
Neutral
91.58
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:LTF, the sentiment is Positive. The current price of 273.6 is above the 20-day moving average (MA) of 258.79, below the 50-day MA of 276.06, and above the 200-day MA of 260.02, indicating a bullish trend. The MACD of -2.93 indicates Negative momentum. The RSI at 56.61 is Neutral, neither overbought nor oversold. The STOCH value of 91.58 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:LTF.
L&T Finance Ltd Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | ₹796.32B | 14.17 | ― | 2.08% | 11.31% | 37.17% | |
62 Neutral | ₹696.43B | 26.76 | ― | 0.91% | 15.90% | 4.53% | |
55 Neutral | ₹292.25B | 5.31 | ― | 1.87% | 4.79% | 13.08% | |
53 Neutral | ₹419.82B | 8.44 | ― | 2.83% | ― | ― | |
52 Neutral | ₹668.20B | 12.72 | ― | ― | ― | ― | |
49 Neutral | ₹226.34B | 27.09 | ― | 0.80% | -3.68% | -80.12% |
* Financial Sector Average
IN:LTF
L&T Finance Ltd
273.60
117.40
75.16%
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34.48
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-3.09%
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520.35
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296.90
42.32
16.62%
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266.55
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18.98%
L&T Finance Ltd Corporate Events
L&T Finance Allots 7.98 Lakh Shares on ESOP Exercise
Mar 4, 2026
LT Finance Limited has allotted 798,240 equity shares following the exercise of employee stock options under its 2013 ESOP scheme. The newly issued shares will rank pari passu with existing equity shares and be entitled to future dividends, modest...
L&T Finance Allots 6.1 Lakh Shares Under ESOP Scheme
Feb 1, 2026
LT Finance Limited has allotted 610,900 equity shares following the exercise of employee stock options under its LTFL Employee Stock Option Scheme – 2013. The newly issued shares will rank pari passu with existing equity shares in all respec...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.