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On 6 Nov 2026, L&T Finance was priced at ₹277.50, or 20.4× trailing earnings, and the shares are 18% below their 52-week high. Its ROE of 12% is the lowest among the 7 largest Credit Services peers, and net profit grew 22% a year over 3 years. For banks and lenders, ROCE and debt-to-equity are not used; it trades at 2.38× book value and its dividend yield is 1.0%. It is a mid-cap company with a market cap of ₹69,554 Cr, ranked 9th of 193 Credit Services companies by market cap; the shares fell 0.5% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹276.91
Day high
₹277.50
Day low
₹271.23
Prev. close
₹278.59
Volume
28.5 L

Health check

2 good · 3 fair · 1 to check
  • ReturnsIn line

    −0.5% over a year, better than 3 of 7 peers.

  • Price tagIn line

    P/B 2.38 vs peer median 2.62.

  • GrowthSteady

    Profit +22.5% a year over 3 years.

  • ProfitabilityWeak

    ROE 12.3% vs peer median 18.7%.

  • Balance sheetSolid

    Return on assets 2.41%. Bad-loan data isn’t covered.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Credit Services

192 listed peers. Screen the industry

Mid cap

₹69,554 Cr, #9 of 193 in its industry by size.

Defensive

Beta 0.69 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹10,311 Cr · profit ₹3,423 Cr
Market cap
₹69,554 Cr
Mid cap
P/E
20.4
Industry 15.5
Price to book
2.38
Peers 2.62
Dividend yield
0.99%
ROE
12.3%
Peers 18.7%
ROCE
n/m
Not meaningful for lenders
Debt to equity
n/m
Not meaningful for lenders
EPS (TTM)
₹13.63
Face value ₹10
OPM (TTM)
45.7%
Net margin 33.2%
Sales growth
n/m
Not meaningful for lenders
Profit growth
+32.4%
Latest quarter vs a year ago
Price to sales
6.75

Strengths and risks

Strengths

  • Quarterly profit up 32.4% on a year ago.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About L&T Finance

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…

Headquarters
Mumbai
Employees
41,301
Sector
Financial Services
ISIN
INE498L01015
Website
ltfinance.com

Price range

52 weeks

₹229.20₹338.60

Today

₹271.23₹277.50
Avg volume (3M)
54.6 L
1-year return
minus 0.5%
From 52-week high
minus 18.0%

Analyst consensus

21 analysts
No consensusMean target ₹319.86 plus 15.3%

Target range, with today’s price

Low ₹195.00High ₹375.00

Next results expected around 15 Jan 2027

Consensus from Yahoo Finance. Not a recommendation.

Peers · Credit Services

Bank and NBFC columns

Compare with peersScreen the whole industry
Company
BAJFINANCEBajaj Finance1,087.75plus 1.66%6,77,00531.35.4919.0%3.8%18.2%0.50%plus 1.2%
SHRIRAMFINShriram Finance961.15minus 0.30%2,26,16716.02.0314.8%3.9%18.6%1.80%plus 21.0%
CHOLAFINCholamandalam Investment and Finance Company1,785.00plus 1.42%1,53,10324.54.4120.6%2.6%25.2%0.11%plus 0.8%
TATACAPTata Capital358.05plus 2.93%1,50,97925.43.1014.1%2.2%–0.16%plus 5.6%
MUTHOOTFINMuthoot Finance2,869.00plus 1.06%1,15,1819.42.6231.6%6.3%43.1%1.05%minus 11.0%
PFCPower Finance Corporation328.80minus 0.18%1,08,5074.10.7418.7%2.7%17.7%4.99%minus 16.9%
IRFCIndian Railway Finance Corporation80.43plus 0.37%1,05,11014.31.7312.6%1.4%4.4%2.74%minus 34.4%
LTFL&T Finance277.50minus 0.39%69,55420.42.3812.3%2.4%22.5%0.99%minus 0.5%
Median of 7 peers–1.06%1,50,97916.02.6218.7%2.7%18.4%1.05%0.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Dec 25Mar 26Jun 26Sep 26
2,5342,7172,8213,0863,315
1,6361,7031,7471,9701,970
40.757.760.462.771.7
–−28.5–––
9439921,0741,2361,319
25.7%25.6%24.7%25.9%26.2%
701739807902975
2.802.943.213.593.88

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Profit CAGR 3Y
+22.5%
EPS CAGR 3Y
+22.0%
ROE
12.3%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
6,5217,8599,66910,635
–+20.5%+23.0%+10.0%
5,7975,3775,9976,720
111115139210
−2,684−0.6−0.5−29.5
−5573,0293,4913,998
−31.0%23.5%24.3%25.4%
1,6232,3202,6442,981
–+42.9%+13.9%+12.8%
6.549.3010.5711.88

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2,4802,4892,4952,504
19,04920,95023,06925,479
83,10576,60392,3721,10,298
1,7292,6762,4733,924
1,06,3621,02,7181,20,4091,42,205
407410514859
2.13.1––
14,54112,57011,45410,932
8,9043,6486,0425,878
82,50986,0861,02,4001,24,537
1,06,3621,02,7181,20,4091,42,205

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
6,718686−16,587−14,189
−335849472367
−1,664−7,05015,41915,415
4,720−5,515−6971,593
−128−119−195−239
6,590567−16,783−14,429
−124−497−622−687

Shareholding pattern

Source: NSE filings
65.9%
promoters
  • Promoters65.93%
  • Public34.07%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202665.93%34.07%minus 0.03
30 Jun 202665.96%34.04%minus 0.03
31 Mar 202665.99%34.01%minus 0.04
31 Dec 202566.03%33.97%minus 0.07
30 Sep 202566.10%33.90%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you