About
L&T Finance Limited, a non-banking financial company, provides various financial products and services in India. It offers housing loans; personal loans for medical emergencies, home renovation, wedding, vacation, education, and debt consolidation; two-wheeler loans; business loans, such as SME, doctor, chartered accountant, and professional loans, as well as supply chain financing solutions; rural loans comprising vikaas loans, vishwas loans, pragati loans, RLAP balance transfer, and micro loans against property; farmer loans, including new tractor loans, agri-implement loans, kisan suvidha top up, kisan suvidha top up plus, refinance loan, and warehouse receipt finance services; gold loans, such as sukhad loan, sampati loan, saraswati loan, safalta loan, sugam loan, and shubh loan; and loans against property. The company was formerly known as L&T Finance Holdings Limited and changed its name to L&T Finance Limited in March 2024. The company was incorporated in 1994 and is headquartered in Mumbai, India. L&T Finance Limited operates as a subsidiary of Larsen & Toubro Limited.
Key Metrics
as of Sep 2026Market Cap79,174 Cr
P/E24.70
Div Yield0.88 %
Book Value₹112.00
52w High₹339.00
52w Low₹229.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 1,999.00 | 1,903.00 | 1,812.00 | 1,671.00 | 1,649.00 | 1,587.00 | 1,684.00 | 1,583.00 | 1,491.00 | 1,632.00 | 1,381.00 | 1,343.00 | 1,215.00 |
| Other Income | 31.00 | 0.00 | -25.00 | 0.00 | 0.00 | 5.00 | 8.00 | 5.00 | 1.00 | 6.00 | 48.00 | 262.00 | 154.00 |
| Depreciation | 62.00 | 59.00 | 56.00 | 49.00 | 39.00 | 39.00 | 35.00 | 32.00 | 27.00 | 26.00 | 28.00 | 27.00 | 28.00 |
| Interest | 1,970.00 | 1,747.00 | 1,703.00 | 1,634.00 | 1,636.00 | 1,600.00 | 1,569.00 | 1,476.00 | 1,351.00 | 1,335.00 | 1,353.00 | 1,325.00 | 1,364.00 |
| Profit before tax | 1,213.00 | 1,211.00 | 983.00 | 979.00 | 934.00 | 798.00 | 815.00 | 929.00 | 913.00 | 683.00 | 818.00 | 781.00 | 704.00 |
| Tax % | 26.00 | 22.00 | 26.00 | 26.00 | 26.00 | 21.00 | 24.00 | 26.00 | 26.00 | 20.00 | 22.00 | 26.00 | 26.00 |
| Net Profit | 895.00 | 947.00 | 731.00 | 728.00 | 694.00 | 631.00 | 619.00 | 689.00 | 679.00 | 545.00 | 636.00 | 581.00 | 524.00 |
| EPS in Rs | 3.57 | 3.78 | 2.92 | 2.91 | 2.78 | 2.53 | 2.48 | 2.76 | 2.73 | 2.19 | 2.56 | 2.34 | 2.11 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 6,981.00 | 6,335.00 | 5,561.00 | 5,155.00 | 22.00 | 34.00 | 37.00 | 20.00 | 23.00 | 24.00 | 32.00 | 36.00 |
| Other Income | -25.00 | 18.00 | 469.00 | 698.00 | 0.00 | 225.00 | 20.00 | 28.00 | 17.00 | 0.00 | 1.00 | 0.00 |
| Interest | 6,734.00 | 6,007.00 | 5,387.00 | 5,812.00 | 73.00 | 193.00 | 201.00 | 202.00 | 162.00 | 46.00 | 27.00 | 39.00 |
| Depreciation | 204.00 | 133.00 | 109.00 | 106.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 4,106.00 | 3,455.00 | 2,987.00 | 2,524.00 | 254.00 | 189.00 | 284.00 | 304.00 | 293.00 | 245.00 | 368.00 | 252.00 |
| Tax % | 24.00 | 24.00 | 23.00 | 24.00 | 14.00 | 39.00 | 6.00 | 12.00 | 9.00 | -1.00 | -3.00 | -4.00 |
| Net Profit | 3,100.00 | 2,618.00 | 2,286.00 | 1,920.00 | 218.00 | 116.00 | 267.00 | 267.00 | 266.00 | 249.00 | 378.00 | 262.00 |
| EPS in Rs | 12.38 | 10.49 | 9.19 | 7.74 | 0.88 | 0.47 | 1.08 | 1.09 | 1.08 | 1.15 | 1.75 | 1.24 |
| Dividend Payout % | 22.00 | 26.00 | 27.00 | 26.00 | 57.00 | 0.00 | 68.00 | 75.00 | 75.00 | 56.00 | 37.00 | 53.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2,504.00 | 2,495.00 | 2,489.00 | 2,480.00 | 2,474.00 | 2,469.00 | 2,005.00 | 1,999.00 | 1,996.00 | 1,756.00 | 1,753.00 | 1,720.00 |
| Reserves | 25,329.00 | 22,800.00 | 20,706.00 | 18,839.00 | 8,797.00 | 8,541.00 | 5,840.00 | 5,832.00 | 5,678.00 | 2,355.00 | 2,221.00 | 1,826.00 |
| Other Liabilities | 3,812.00 | 2,366.00 | 2,552.00 | 1,603.00 | 48.00 | 56.00 | 32.00 | 19.00 | 14.00 | 80.00 | 170.00 | 155.00 |
| Total Liabilities | 141,943.00 | 120,033.00 | 102,351.00 | 106,027.00 | 11,424.00 | 12,840.00 | 11,338.00 | 10,049.00 | 9,187.00 | 6,378.00 | 5,955.00 | 5,614.00 |
| Fixed Assets | 1,002.00 | 333.00 | 208.00 | 216.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 62.00 | 45.00 | 36.00 | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 10,633.00 | 11,836.00 | 12,375.00 | 14,402.00 | 9,202.00 | 10,070.00 | 10,070.00 | 9,146.00 | 7,840.00 | 5,644.00 | 5,571.00 | 5,106.00 |
| Other Assets | 130,246.00 | 107,819.00 | 89,733.00 | 91,404.00 | 2,221.00 | 2,769.00 | 1,267.00 | 902.00 | 1,346.00 | 734.00 | 384.00 | 507.00 |
| Total Assets | 141,943.00 | 120,033.00 | 102,351.00 | 106,027.00 | 11,424.00 | 12,840.00 | 11,338.00 | 10,049.00 | 9,187.00 | 6,378.00 | 5,955.00 | 5,614.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -14,237.00 | -16,608.00 | 650.00 | 6,360.00 | 408.00 | -170.00 | 82.00 | 775.00 | -272.00 | -128.00 | 456.00 | 145.00 |
| Cash from Investing Activity | 398.00 | 500.00 | 859.00 | -505.00 | -1.00 | 272.00 | -1,006.00 | -1,306.00 | -2,191.00 | -56.00 | -400.00 | -180.00 |
| Cash from Financing Activity | 15,433.00 | 15,441.00 | -7,053.00 | -1,659.00 | -1,664.00 | 1,296.00 | 924.00 | 521.00 | 2,474.00 | 144.00 | -47.00 | 20.00 |
| Net Cash Flow | 1,594.00 | -668.00 | -5,544.00 | 4,196.00 | -1,257.00 | 1,398.00 | 0.00 | -11.00 | 11.00 | -40.00 | 9.00 | -15.00 |
| Free Cash Flow | -14,471.00 | -16,794.00 | 531.00 | 6,263.00 | 408.00 | -171.00 | 82.00 | 774.00 | -272.00 | -128.00 | 456.00 | 145.00 |
| CFO/OP % | -119.00 | -166.00 | 12.00 | 96.00 | 137.00 | -81.00 | 20.00 | 168.00 | -61.00 | -41.00 | 119.00 | 50.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|
Corporate Actions
19 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 22 May 2026 | 22 May 2026 | — | 2.75 | |
| Dividend | 27 May 2025 | 27 May 2025 | — | 2.75 | |
| Dividend | 18 Jun 2024 | 18 Jun 2024 | — | 2.50 | |
| Dividend | 21 Jul 2023 | 21 Jul 2023 | — | 2.00 | |
| Dividend | 01 Jul 2022 | 04 Jul 2022 | — | 0.50 | |
| Other | 19 Jul 2021 | — | — | — | Annual General Meeting |
| Rights | 21 Jan 2021 | 22 Jan 2021 | 17:74 | — | |
| Other | 21 Jan 2021 | 22 Jan 2021 | — | — | Right Issue of Equity Shares |
| Other | 20 Jul 2020 | — | — | — | Annual General Meeting |
| Dividend | 26 Mar 2020 | 28 Mar 2020 | — | 0.90 | |
| Dividend | 19 Jul 2019 | — | — | 1.00 | |
| Dividend | 20 Aug 2018 | — | — | 1.00 | |
| Dividend | 18 Aug 2017 | — | — | 0.80 | |
| Dividend | 12 Aug 2016 | — | — | 0.80 | |
| Dividend | 01 Sep 2015 | — | — | 0.80 | |
| Dividend | 18 Jul 2014 | — | — | 0.75 | |
| Dividend | 26 Jul 2013 | — | — | 0.75 | |
| Other | 26 Jul 2013 | — | — | — | Annual Generalmeeting / Dividend Rs.0.75 Per Equity Share |
| Other | 03 Aug 2012 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update25 Aug from crisil
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Rating update4 Dec 2025 from fitch
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Rating update3 Sep 2025 from crisil
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Rating update3 Sep 2024 from crisil
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Rating update13 Dec 2023 from care
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Rating update13 Dec 2023 from care
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