L&T Finance Holdings Ltd.
Snapshot View

87.70 -0.55 ▼-0.6%

26 July 2021, 04:02:12 P.M.
Volume: 7,964,969

Overview View Details

Sector Finance Compare with Sector peers
Industry Finance - NBFC Compare with Industry peers
Website http://www.ltfs.com
Financial Indicators
Market Cap 21,711.95 Cr.
Earnings per share (EPS) 4.05 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 21.70 Trailing Twelve Months Ending 2021-06
Industry PE 89.95 Trailing Twelve Months Ending 2021-06
Book Value / Share 75.84 Trailing Twelve Months Ending 2021-06
Price to Book Value 1.16 Calculated using Price: 87.80
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 247.29 Cr. 2,472,887,403 Shares
FaceValue 10
Company Profile

L&T Finance Holdings was originally incorporated as L&T Capital Holdings Limited on May 1, 2008 under the Companies Act, as a public limited company, to carry on the business of investment/finance. The company received the certificate of commencement of business on May 15, 2008. The company subsequently changed the name to L&T Finance Holdings Limited pursuant to a special resolution passed by the shareholders at a general meeting dated September 1, 2010. Pursuant to the change of name, a fresh certificate of incorporation was granted to the company by the Registrar of Companies on September 6, 2010. The company was registered with the RBI under Section 45-IA of the Reserve Bank of India Act, 1934, as a non-banking financial institution. The company is promoted by Larsen & Toubro Limited, one of the leading companies in India, with interests in engineering, construction, electrical and electronics manufacturing and services, information technology and financial services, as a holding company for its financial services business.

Business area of the company

L&T Finance Holdings is one of India’s most valued and fastest-growing Non-Banking Financial Companies (NBFCs). The company offers a diverse range of financial products and services in rural, housing and infrastructure finance sectors. It also offers Investment management services.

Products offered by the company

  • Two wheeler Finance
  • Housing Finance
  • Farm equipment finance
  • Mutual fund
  • Infra finance
  • Real estate finance
  • Micro loans

Awards

  • 2015: Association of Renewable Energy Agencies of States (AREAS)- An MNRE Body Award for ‘Promoting renewable energy and contributing towards energy equity, energy accessibility and sustainability in the country’.
  • 2015: Achieved 6th position in Asian Private Banker League Table.
  • 2015: Middleware Excellence award for ‘Effective usage of Mobile Cloud Service’ at Oracle Open World, San Francisco.
  • 2016: Central Board of Irrigation & Power Awards (Govt. of India Organization) for ‘Best Finance Company in Renewable Energy at the annual’.
  • 2017: Golden Peacock Award for ‘Risk Management’.
  • 2017: Oracle Excellence Award for ‘Oracle Cloud Platform Innovation in Connect and Extend Applications with Mobile and Bots’.
  • 2017: RE - Finance Awards for ‘Best Renewable Energy Financier of the Year 2017 for both the Solar and Wind Sector’.
  • 2018: Golden Peacock Award for 'Excellence in Corporate Governance.
  • 2018: L&T Finance Holdings featured in the Forbes India's Super 50 Companies 2018
  • 2018: FINNOVITI 2018 Award for ‘SANGAM’, an Innovation in the two-wheeler business
  • 2020: The Asset Triple A Asia Infrastructure Awards 2020 for Renewable Energy Acquisition Financing Deal of the Year.
  • 2020: The Asset Triple A Asia Infrastructure Awards 2020 for Utility Deal of the Year
  • 2020: FICCI Corporate Social Responsibility Award for ‘Women Empowerment’
  • 2020: Golden Peacock Award for ‘Corporate Social Responsibility’
  • 2020: 10th India Digital Awards for its flagship CSR initiative - Digital Sakhi

Milestones

  • 2008- L&T Finance makes foray into Microfinance.
  • 2008- L&T Finance commence distribution of financial products.
  • 2008- L&T Finance starts financing of capital market products.
  • 2009-2010-  L&T Finance taps retail sources to raise funds for the first time - successful back-to-back NCD issuances.
  • 2010- L&T Finance acquires DBS Cholamandalam Asset Management Limited and DBS Cholamandalam Trustees Limited, foraying into mutual funds business L&T Infra receives 'Infrastructure Finance Company' status from RBI.
  • 2011- L&T Finance Holdings has successfully completed the acquisition of Indo Pacific Housing Finance Ltd (IPHF)L&T Finance Holdings Ltd acquires FamilyCredit Ltd. from Societe Generale Consumer FinanceL&T Finance acquires DBS Cholamandalam Asset Management Limited and DBS Cholamandalam Trustees Limited, foraying into the mutual funds business.
  • 2012- Acquisition of Fidelity's mutual fund business in IndiaEntry into 2-wheeler finance by acquiring family credit.
  • 2013- Incorporated L&T capital markets-A platform for wealth management.
  • 2013- L&T Finance Holdings has acquired auto finance company Family Credit Limited.
  • 2017- L&T Finance Holdings launches Micro Loans business in Assam.
  • 2017- L&T Finance Holdings launches Micro Loans business in Bihar.
  • 2018- Centrum Acquires L&T Finances Supply Chain Finance Business.
  • 2019- L&T Financial Services Launches Digital Sakhi in Tamil Nadu.
  • 2019- L&T Finance Launches Sabse Khaas Loan for Two-Wheeler Customers.
  • 2020- IIFL completes acquisition of L&T Finance's wealth management business.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.62%
1 Week
-3.15%
1 Month
-8.02%
3 Month
6 Month
-2.23%
1 Year
+54.18%
2 Year
-9.12%
5 Year
+20.27%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 14.28 10.54 14.02 12.76 14.05 13.37 18.10 12.22 5.74
Return on Capital Employed (%) 11.01 10.13 10.28 9.81 8.86 8.90 10.39 9.60 8.08
Return on Assets (%) 2.30 1.47 1.75 1.47 1.54 1.62 2.35 1.60 0.88

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 6,220 6,826 7,740 8,409 9,107 11,407 13,449 14,692 18,773
Non Curr. Liab. 18,474 23,764 29,982 37,561 43,486 47,464 57,517 67,751 61,983
Curr. Liab. 11,748 14,053 14,630 17,330 19,059 26,837 33,090 25,413 26,383
Minority Int. 100 100 119 223 222 220 197
Equity & Liab. 36,443 44,644 52,452 63,400 71,771 85,931 104,278 108,076 107,336
Non Curr. Assets 24,044 30,567 37,581 47,447 53,722 82,984 98,943 99,070 95,667
Curr. Assets 12,399 14,076 14,816 15,953 18,048 2,947 5,335 9,006 11,669
Misc. Exp. not W/O 56 0
Total Assets 36,443 44,644 52,452 63,400 71,771 85,931 104,278 108,076 107,336

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 3,943 5,056 6,196 7,289 8,341 10,213 13,004 14,106 13,678
Other Income 112 181 179 182 242 582 1,841 2,317 2,821
Total Income 4,055 5,237 6,375 7,471 8,582 10,795 14,845 16,423 16,499
Total Expenditure -889 -1,251 -1,672 -2,002 -2,801 -3,821 -4,845 -6,088 -7,917
PBIDT 3,166 3,986 4,703 5,469 5,782 6,974 10,000 10,335 8,582
Interest -2,330 -3,081 -3,577 -4,133 -4,635 -5,476 -6,898 -7,573 -7,225
Depreciation -65 -80 -96 -83 -67 -52 -50 -82 -87
Taxation -259 -230 -324 -399 -36 -168 -820 -980 -546
Exceptional Items 218 144 226
PAT 729 595 851 854 1,042 1,278 2,232 1,700 949

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -6,096 -6,083 -6,614 -9,213 -5,779 -15,640 -11,643 2,162 5,464
Cash Fr. Inv. -1,671 -1,032 2 -675 -2,118 1,549 -3,587 160 -2,024
Cash Fr. Finan. 7,947 7,602 6,693 9,426 7,952 14,678 16,008 1,451 -2,091
Net Change 180 487 81 -461 55 587 777 3,772 1,349
Cash & Cash Eqvt 291 778 859 398 453 1,049 1,827 5,599 6,948

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 63.89 63.86 63.86 63.72 63.72 63.67 63.65 63.62 63.59
Public 36.11 36.14 36.14 36.28 36.28 36.33 36.35 36.38 36.41
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 22 Jul 2021
Copy of Newspaper Publication
L&T Finance Holdings Limited has informed the Exchange about Copy of Newspaper Publication
Fri, 16 Jul 2021
ESOP/ESOS/ESPS
L&T Finance Holdings Limited has informed the Exchange regarding Allotment of 2306175 Shares.
Fri, 16 Jul 2021
Financial Result Updates
L&T Finance Holdings Limited has submitted to the Exchange, the financial results for the period ended June 30, 2021.

Technical Scans View Details

Mon, 26 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Both SRS And ARS Below Zero Both SRS And ARS Below Zero
Closing Near 200 EMA Closing Near 200 EMA
Close Crossing 200 EMA From Above Close Crossing 200 EMA From Above

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