L&T Finance Share Price Target 2024-2030 Fundamentals & Quarterly Results

 L&T Finance Bank Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results – L&T Finance is a subsidiary of L&T Limited that provides financial services to corporate, retail, and infrastructure sectors in India. Companybased in Mumbai, Maharashtra, is involved in the NSE as L&TFH with responsibility resting with S N Subrahmanyan who is the Chairman cum Non-Executive Director.L&T Finance Share Price Target

L&T Finance Overview

L&T Finance is a Non-Banking Financial Company that offers a varied range of financial products and services including Farm equipment loans Two-wheeler Loans Micro-finance Consumer Loans Home loans Loans against property (LAP) Real estate funding Infra finance Infra Debt Fund among other services. It is a designated NBFC-CIC powerful enough to contribute systemically in some unchangeable qualities transactions according to the Indian central bank RBI registration documents.

Company NameL&T Finance Ltd
Listed atNSE & BSE
Head OfficeBrindavan, Plot no. 177,CST Road, Kalina,Santacruz (East), Mumbai – 400 098, Maharashtra, India
Board Of Directors
  • Mr.S N Subrahmanyan Chairperson & Non Executive Director
  • Mr.P V Bhide Independent Director
  • Mr.T Thomas Mathew Independent Director
  • Dr.(Mrs.)Rajani Gupte Independent Director
  • Mr.Shailesh Haribhakti Independent Director
  • Mr.Dinanath Dubhashi Managing Director & CEO
  • Mr.Pavninder Singh Nominee Director
  • Mr.R Shankar Raman Non Executive Director
Official Websiteltfs.com

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L&T Finance Business Profile

L&T Finance Ltd has been registered by the RBI as a CIC-ND-SI. When the apex bank says CIC, it denotes core investment companies that are vital for smooth functioning of the economy. According to the regulator, if an NBFC has met certain criteria

  • Its asset size is at least Rs 100 cr
  • It accepts public funds
  • At least 90% of its total assets are in the form of investments in equity, preference shares, loan, debentures, or debt in group companies

L&T Finance has been incorporated as part of L&T group receiving technical as well as capital aid from parent company marked as Co. which is a subsidiary of Larsen & Toubro owning a 63.5 percent share in it.

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Portfolio

Among the loans in LTFHL’s kitty, 13% is for microloans, 12% for farm equipment, 8% for two-wheeler and another 12% for home loans (and LAP) to retail sector while 55% is the share of wholesale segments (14% is dedicated to real estate finance, 38% – to infrastructure finance and 3% given to defocused book).

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Infrastructure

The Co. has divided its operations into 197 separate branches up to date. In addition to the branches the company has 1,395 separate tiny credit Disbursing Points with a customer base of over 1.11 million and employee numbers totaling 22,532.

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Lending Business

It is in this subdivision that the company offers Farm Equipment Loans, TW Finance, Micro Loans, and Consumer Loans disbursed loan facility sums amounting to 15,914 million rupees.

Housing Finance

The company serves the Home Loan market in 17 locations all over India whereby, disbursement of Home Loan amounting to 1,402 Cr was done which was lower than last year’s figure by 46% and with a special targeting towards salaried segment of customers.

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Infrastructure Finance

Co has disbursed 9,803 Cr in FY21. Co is one of the leading players in the Infrastructure Finance business focusing specifically on renewable, roads and transmission. The firm’s exclusive concentration is on projects showing robust sponsor repute.

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L&T Finance Fundamentals & Quarterly Results

Market Cap₹ 39,649 Cr.
Current Price₹ 159
High / Low₹ 179 / 101
Stock P/E17.1
Book Value₹ 94.2
Dividend Yield1.26 %
ROCE8.21 %
ROE10.3 %
Face Value₹ 10.0
Debt to Equity3.27
Debt Capacity-1.16
Debt preceding year₹ 83,105 Cr.
Debt₹ 76,603 Cr.
Reserves₹ 20,950 Cr.
EPS₹ 9.32
EPS last year₹ 9.32
Pledged percentage0.00 %
FCF Prev Ann₹ 7,394 Cr.
EV/EBITDA13.1
Industry PE20.0
PEG Ratio22.8
Piotroski score6.00
Earnings yield7.54 %
Sales growth 5Years0.32 %

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L&T Finance Quarterly Results

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales2,9712,9472,9883,1383,4323,2433,2233,2143,5343,672
Expenses1,2991,2281,3881,2361,3561,3091,2701,3311,3751,621
Operating Profit1,6721,7191,6001,9022,0761,9341,9531,8822,1592,051
OPM %56%58%54%61%60%60%61%59%61%56%
Other Income180172187165-448202153268476
Interest1,4071,3921,4131,4381,5011,4451,3641,3251,3531,335
Depreciation24282727282930282928
Profit before tax42047034660199662714797824694
Tax %27%27%25%32%-356%37%26%25%22%20%
Net Profit308341261406453417531594639553
EPS in Rs1.321.381.061.641.832.022.142.402.572.23

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CAGR Report

10 Years5 Years3 YearsTTM (Trailing Twelve Months)
Compounded Sales Growth10%0%1%6%
Compounded Profit Growth14%1%48%74%
Stock Price CAGR9%6%22%55%
Return on Equity10%7%7%10%

L&T Finance Shareholding Pattern

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Promoters66.62%64.01%63.91%63.72%63.62%66.26%66.11%65.86%
FIIs11.32%9.20%11.39%10.60%10.60%6.91%11.35%11.04%
DIIs3.68%5.79%2.96%5.22%5.88%4.57%6.58%8.69%
Public18.38%21.00%21.73%20.46%19.91%22.26%15.96%14.39%
No. of Shareholders3,77,2024,35,1804,82,1195,39,1766,34,6147,86,1137,08,2377,11,555

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L&T Finance share Price Target 2024-2030 Forecast

YearShare Price Target
2024₹193
2025₹226
2026₹263
2027₹312
2028₹364
2029₹395
2030₹438

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L&T Finance Share Price Target 2025

MonthShare Price Target
January₹193
February₹196
March₹197
April₹205
May₹209
June₹219
July₹213
August₹205
September₹211
October₹215
November₹218
December₹226

L&T Finance Share Price Target 2026

MonthShare Price Target
January₹232
February₹229
March₹220
April₹227
May₹231
June₹241
July₹247
August₹249
September₹244
October₹255
November₹259
December263

L&T Finance Share Price Target 2027

MonthShare Price Target
January₹267
February₹260
March₹257
April₹260
May₹266
June₹280
July₹285
August₹289
September₹293
October₹297
November₹300
December₹312

L&T Finance Share Price Target 2028

MonthShare Price Target
January₹320
February₹313
March₹302
April₹311
May₹324
June₹332
July₹339
August₹342
September₹345
October₹352
November₹356
December₹364

L&T Finance Share Price Target 2029

MonthShare Price Target
January₹370
February₹363
March₹372
April₹381
May₹374
June₹382
July₹389
August₹392
September₹385
October₹388
November₹391
December₹395

L&T Finance Share Price Target 2030

MonthShare Price Target
January₹405
February₹393
March₹386
April₹401
May₹414
June₹422
July₹415
August₹412
September₹419
October₹429
November₹431
December₹438

Official Website –ltfs.com

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