L&T Finance Limited

BSE: LTF533519ISIN INE498L01015

Financial Services
Non Banking Financial Company (NBFC)
BSE 200

Share price

₹263.45+10.85 (+4.30%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹338.50
52W low: ₹229.30
Off 52W high: -22.17%
1M return: -0.28%
3M return: -17.36%
6M return: -12.18%
1Y return: -5.93%
20D avg volume: 4,16,952
50 DMA: ₹281.23
200 DMA: ₹287.42

Key ratios Consolidated

Market cap: ₹66,033 Cr
Current price: ₹263.45
52W high / low: ₹338.50 / ₹229.30
Face value: ₹10.00
P/E: 19.22
P/B: 2.26
EPS (TTM): ₹13.71
Book value / share: ₹116.77
ROE: —
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: 2.75
Net debt: ₹72,657 Cr
Interest cover: 1.59
Dividend yield: 1.04%
Dividend / share (TTM): ₹2.75
Payout: 20.06%
Cash conversion cycle: —

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	5,484	5,243	4,771	4,578	4,336	4,260	4,023	4,098	4,019	3,785	3,672	3,534
	0.00	30.39	0.07	3.22	0.04	0.03	4.30	7.55	4.68	0.21	5.55	47.30
	5,484	5,243	4,771	4,581	4,336	4,260	4,027	4,105	4,024	3,785	3,677	3,581
	4,165	4,007	3,697	3,561	3,347	3,316	3,222	3,281	3,084	2,862	2,983	2,757
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	737.21	697.67	659.72	649.88	593.21	552.19	569.11	579.28	548.78	519.34	500.75	450.65
	1,970	1,970	1,747	1,703	1,634	1,636	1,600	1,569	1,476	1,351	1,335	1,353
	71.74	62.68	60.35	57.70	50.95	40.69	40.98	36.19	33.29	28.44	27.66	29.19
	558.56	506.47	481.21	398.91	423.87	455.72	393.29	442.31	375.73	417.83	451.89	409.76
	1,319	1,236	1,074	1,021	988.86	943.22	805.52	823.90	939.57	922.27	694.02	824.04
	0.00	0.00	0.00	-28.51	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	1,319	1,236	1,074	992.17	988.86	943.22	805.52	823.90	939.57	922.27	694.02	824.04
	346.08	320.29	264.76	254.18	253.98	242.38	169.68	—	—	—	—	—
	972.76	915.99	809.16	737.99	734.88	700.84	635.84	625.65	696.68	685.25	553.02	639.37
	3.89	3.60	3.22	2.95	2.94	2.81	2.55	2.51	2.79	2.75	2.23	2.57
Key metrics
	—	—	—	—	—	—	—	2,429	2,449	2,302	2,057	2,207
	—	—	—	—	—	—	—	59.30%	60.90%	60.80%	56.00%	62.40%
	17.70%	17.50%	17.00%	16.10%	16.90%	16.50%	15.80%	15.30%	17.30%	18.10%	15.10%	18.10%
	26.50%	23.10%	18.60%	11.70%	7.90%	12.50%	9.60%	15.90%	—	—	—	—
	32.40%	30.70%	27.30%	18.00%	5.50%	2.30%	15.00%	-2.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY18
Income statement
	20,077	17,914	15,924	13,581	12,775	11,930	10,021
	33.68	3.36	16.74	474.54	526.75	393.85	478.91
	20,080	17,917	15,941	14,055	13,302	12,324	10,500
	15,430	13,890	12,450	11,026	11,171	11,101	8,760
	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	2,744	2,455	2,217	1,806	1,406	1,095	503.44
	7,391	6,720	5,997	5,377	5,797	5,754	5,326
	252.47	209.69	138.90	114.77	111.24	102.64	51.93
	1,945	1,760	1,629	1,587	1,316	1,065	—
	4,650	4,027	3,491	3,029	2,131	1,223	1,740
	-28.51	-28.51	0.00	0.00	-2,687	0.00	0.00
	4,621	3,998	3,491	3,029	-556.52	1,223	1,740
	1,185	1,015	847.84	—	—	—	274.83
	3,436	2,983	2,643	2,317	1,536	1,049	1,465
	13.66	11.92	10.61	9.34	6.56	4.33	—
Key metrics
	—	—	—	8,521	5,352	7,079	7,118
	—	—	—	62.70%	41.90%	59.30%	71.00%
	17.11%	16.70%	16.60%	17.10%	12.00%	8.80%	14.60%
	20.11%	12.50%	17.30%	6.30%	7.10%	19.00%	—
	27.39%	12.80%	14.10%	50.80%	46.40%	-28.40%	—
	—	-14,429	-16,782	—	—	—	—
	—	-4.76	-6.27	—	—	—	—
	—	2.75	2.40	—	—	—	—
	—	72,657	58,663	—	—	—	—
Balance sheet
	—	1,42,205	1,20,409	—	—	—	—
	—	4,489	2,896	—	—	—	—
	—	102.47	116.95	—	—	—	—
	—	0.00	0.00	—	—	—	—
	—	461.87	397.37	—	—	—	—
	—	77,146	61,559	—	—	—	—
	—	28,034	25,631	—	—	—	—
Cash flow
	—	-14,189	-16,586	—	—	—	—
	—	366.90	470.86	—	—	—	—
	—	15,415	15,419	—	—	—	—
	—	239.46	195.28	—	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	5,484	5,213	4,921	4,578	4,333	4,257	4,020	4,095	4,015	3,782	3,670	3,533
	0.43	30.65	0.37	3.51	0.35	0.32	4.68	7.70	5.05	0.56	5.95	47.52
	5,484	5,243	4,921	4,582	4,333	4,257	4,024	4,103	4,020	3,783	3,676	3,581
	4,172	4,030	3,710	3,571	3,354	3,324	3,227	3,288	3,091	2,870	2,993	2,762
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	736.81	697.11	659.11	649.32	592.63	551.71	568.61	578.79	548.26	518.74	500.74	449.62
	1,970	1,970	1,747	1,703	1,634	1,636	1,600	1,569	1,476	1,351	1,335	1,353
	70.79	61.72	59.25	56.12	49.34	39.13	39.46	34.69	31.81	27.01	26.10	27.74
	566.63	516.32	490.83	407.67	433.47	464.91	400.18	—	48.16	—	—	57.57
	1,312	1,213	1,211	1,011	978.76	933.55	797.86	814.60	929.33	913.14	682.96	818.43
	0.00	0.00	0.00	-28.43	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	1,312	1,213	1,211	982.58	978.76	933.55	797.86	814.60	929.33	913.14	682.96	818.43
	343.74	317.85	264.39	251.16	251.05	239.46	167.27	—	—	—	—	—
	968.25	895.32	947.09	731.42	727.71	694.09	630.59	619.18	689.12	678.92	544.88	635.66
	3.86	3.57	3.78	2.92	2.91	2.78	2.53	2.48	2.77	2.73	2.19	2.56
Key metrics
	—	—	—	—	—	—	—	2,419	2,437	2,292	2,044	2,200
	—	—	—	—	—	—	—	59.10%	60.70%	60.60%	55.70%	62.30%
	17.70%	17.20%	19.20%	16.00%	16.80%	16.30%	15.70%	15.10%	17.20%	18.00%	14.80%	18.00%
	26.60%	22.50%	22.40%	11.80%	7.90%	12.60%	9.50%	15.90%	—	—	—	—
	33.10%	29.00%	50.20%	18.10%	5.60%	2.20%	15.70%	-2.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY18
Income statement
	20,196	18,050	15,912	13,574	347.37	335.87	449.93
	34.96	4.55	17.99	469.37	12.66	14.59	28.44
	20,231	18,054	15,930	14,044	360.03	350.46	478.37
	15,483	13,919	12,475	11,057	76.92	96.03	83.69
	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	2,742	2,453	2,214	1,804	12.73	14.70	4.72
	7,391	6,720	5,997	5,377	6.05	73.49	65.87
	247.88	203.84	132.97	108.70	0.26	0.37	0.02
	1,981	1,797	1,663	—	57.64	7.45	—
	4,748	4,135	3,455	2,987	283.11	254.43	394.68
	-28.43	-28.43	0.00	0.00	2,858	0.00	—
	4,719	4,106	3,455	2,987	3,141	254.43	394.68
	1,177	1,006	837.12	—	—	—	26.84
	3,542	3,100	2,618	2,286	2,572	218.18	367.84
	14.13	12.40	10.50	9.20	10.38	0.88	—
Key metrics
	—	—	—	8,473	3,148	328.29	460.57
	—	—	—	62.40%	906.10%	97.70%	102.40%
	17.54%	17.20%	16.50%	16.80%	740.30%	65.00%	81.80%
	20.90%	13.40%	17.20%	3,807.80%	3.40%	-25.40%	—
	32.58%	18.40%	14.50%	-11.10%	1,078.70%	-40.70%	—
	—	-14,350	-16,695	—	—	—	—
	—	-4.59	-6.34	—	—	—	—
	—	2.77	2.43	—	—	—	—
	—	72,658	58,666	—	—	—	—
Balance sheet
	—	1,41,943	1,20,033	—	—	—	—
	—	4,488	2,894	—	—	—	—
	—	102.47	116.95	—	—	—	—
	—	0.00	0.00	—	—	—	—
	—	169.39	101.93	—	—	—	—
	—	77,146	61,559	—	—	—	—
	—	27,833	25,295	—	—	—	—
Cash flow
	—	-14,237	-16,608	—	—	—	—
	—	397.57	499.13	—	—	—	—
	—	15,433	15,441	—	—	—	—
	—	113.14	87.17	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +273.16%
Sales CAGR 5Y: —
Profit CAGR 3Y: +6.43%
Profit CAGR 5Y: —
Sales YoY (TTM): +20.90%
Profit YoY (TTM): +32.58%

Consolidated

Sales CAGR 3Y: +11.93%
Sales CAGR 5Y: —
Profit CAGR 3Y: +24.75%
Profit CAGR 5Y: —
Sales YoY (TTM): +20.11%
Profit YoY (TTM): +27.39%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 65.93%

Holder	Type	Holding	Previous	Change
Larsen & Toubro Limited	Promoter	65.93%	—	—
KOTAK CONTRA FUND	Public	2.93%	—	—
INVESCO INDIA FLEXI CAP FUND	Public	2.03%	—	—
MIRAE ASSET MIDCAP FUND	Public	1.50%	—	—
MOTILAL OSWAL NIFTY MIDCAP 100 ETF	Public	1.35%	—	—
SBI LIFE INSURANCE CO. LTD	Public	1.00%	—	—
LTIMindtree USA Inc (Formerly known as Lymbyc Solutions Inc.)	Promoter Group	0.00%	—	—
LTIMindtree Middle East FZ-LLC (FORMERLY KNOWN AS LTI MIDDLE EAST FZ-LLC)	Promoter Group	0.00%	—	—
P. Murphy & Associates Inc	Promoter Group	0.00%	—	—
L&T CAMP FACILITIES LLC	Promoter Group	0.00%	—	—
LARSEN & TOUBRO (EAST ASIA) SDN. BHD	Promoter Group	0.00%	—	—
LTH MILCOM PRIVATE LIMITED	Promoter Group	0.00%	—	—
L&T VALVES USA LLC	Promoter Group	0.00%	—	—
L&T TECHNOLOGY SERVICES LIMITED	Promoter Group	0.00%	—	—
Intelliswift Software (Hungary) Kft	Promoter Group	0.00%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Bajaj Finance Limited	6,18,269	993.05	28.02	—	+18.82% TTM	+18.85% TTM	-6.05%
Shriram Finance Limited	2,13,119	905.70	16.80	—	+13.76% TTM	+28.60% TTM	+13.74%
Tata Capital Limited	1,43,392	337.80	23.16	—	—	—	+2.57%
Cholamandalam Investment and Finance Company Ltd	1,42,265	1,659.05	22.87	—	+21.13% TTM	+33.94% TTM	-5.48%
MUTHOOT FINANCE LIMITED	1,08,792	2,709.85	8.83	—	+47.27% TTM	+70.66% TTM	-15.07%
L&T Finance Limited	66,033	263.45	19.22	—	+20.11% TTM	+27.39% TTM	-5.93%
SBI CARDS AND PAYMENT SERVICES LIMITED S	52,626	553.00	20.18	—	+5.81% TTM	+35.96% TTM	-37.17%
Piramal Finance Limited	45,975	1,942.90	24.08	—	—	—	—
SUNDARAM FINANCE LTD	44,403	3,996.55	27.42	—	—	—	-16.26%
Authum Investment & Infrastructure Limited	43,913	517.10	25.16	—	-24.30% TTM	-56.50% TTM	-10.17%
HDB FINANCIAL SERVICES LIMITED S	42,098	506.65	14.22	—	—	—	-30.70%
POONAWALLA FINCORP LIMITED	41,349	469.55	38.02	—	+75.12% TTM	+399.21% TTM	-0.70%
Mahindra & Mahindra Financial Services Limited	37,542	270.05	10.42	—	+14.94% TTM	+45.99% TTM	-15.21%
Manappuram Finance Limited	29,495	314.00	20.41	—	+4.79% TTM	+85.35% TTM	+17.85%
IIFL FINANCE LIMITED	24,697	578.65	9.35	—	+35.37% TTM	+157.78% TTM	+7.38%
Capri Global Capital Limited	23,121	240.30	17.65	—	+52.88% TTM	+82.77% TTM	+21.89%
Five-Star Business Finance Ltd. S	11,724	397.15	10.50	—	+8.28% TTM	+1.05% TTM	-39.17%
SBFC Finance Limited	9,820	88.32	28.37	—	+28.23% TTM	+45.63% TTM	-24.80%
PAISALO DIGITAL LIMITED	7,279	77.43	27.42	—	+23.60% TTM	+27.97% TTM	+101.17%
Bengal & Assam Company Limited	6,477	5,680.00	8.29	—	+12.05% TTM	+3.26% TTM	-25.74%
Fedbank Financial Services Limited S	5,923	157.85	13.66	—	+21.29% TTM	+76.56% TTM	+10.46%
Mrugesh Trading Ltd. S	5,665	78.41	—	-0.30%	+21.12% TTM	+94.74% TTM	+3,464.09%
SG FINSERVE LIMITED S	4,670	708.75	24.95	—	+104.57% TTM	+86.47% TTM	+85.76%
MAS Financial Services Limited	4,607	253.90	10.89	—	+22.72% TTM	+23.77% TTM	-19.01%
Northern Arc Capital Ltd.	4,481	276.95	9.38	—	+29.02% TTM	+70.21% TTM	+0.64%

Filings & corporate actions

Recent announcements

Please find enclosed intimation regarding investor meet.4 Nov 2026 · Company Update / Analyst / Investor Meet
Please find enclosed intimation regarding investor meet.4 Nov 2026 · Company Update / Analyst / Investor Meet
Please find intimation for the captioned subject.30 Oct 2026 · Company Update / Allotment of ESOP / ESPS
Please find enclosed disclosure regarding captioned subject.29 Oct 2026 · Company Update / General
Please find attached the intimation regarding the earnings call transcript for Q2FY2026-27.26 Oct 2026 · Company Update / Earnings Call Transcript
Please find enclosed intimation regarding allotment of Non-Convertible Debentures on a private placement basis.21 Oct 2026 · Company Update / Allotment of Equity Shares
Please find enclosed intimation regarding Analyst meet.19 Oct 2026 · Company Update / Analyst / Investor Meet
Please find enclosed the intimation regarding the audio recording of investor/analyst(s) meet for Q2FY2026-27 Financial Performance and Strategy update.16 Oct 2026 · Company Update / Analyst / Investor Meet
Please find attached the investor presentation for Q2FY2026-2715 Oct 2026 · Company Update / Investor Presentation
Please find attached the press release for Q2FY2026-2715 Oct 2026 · Company Update / Press Release / Media Release
Please find attached the outcome of the Board Meeting held on October 15, 202615 Oct 2026 · Result / Financial Results
Please find attached the outcome of the Board Meeting held on October 15, 202615 Oct 2026 · Board Meeting / Outcome of Board Meeting
Please find enclosed the intimation regarding allotment of Non-Convertible Debentures on a Private placement basis12 Oct 2026 · Company Update / Allotment of Equity Shares
Please find enclosed intimation regarding the captioned subject.6 Oct 2026 · AGM/EGM / Postal Ballot
Please find enclosed intimation of Scrutnizer''s Report and Voting results for postal ballot.6 Oct 2026 · AGM/EGM / Postal Ballot
Please find enclosed intimation for investor meet for Q2FY2026-27 financial performance and strategy update6 Oct 2026 · Company Update / Analyst / Investor Meet
Please find enclosed intimation regarding Company''s Businsess Update for Q2FY2026-27.3 Oct 2026 · Company Update / General
Please find enclosed intimation regarding allotment of ESOPs.1 Oct 2026 · Company Update / Allotment of ESOP / ESPS
L&T Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/10/2026 ,inter alia, to consider and approve Unaudited financial results for ....1 Oct 2026 · Board Meeting / Board Meeting
Please find enclosed intimation regarding allotment of Non-Convertible Debentures on a private placement basis29 Sep 2026 · Company Update / Allotment of Equity Shares
Please find enclosed intimation regarding closure of trading window.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find enclosed herewith schedule of Investor Meet.18 Sep 2026 · Company Update / Analyst / Investor Meet
Please find enclosed intimation with respect to ESG rating18 Sep 2026 · Company Update / Credit Rating
Please find enclosed intimation regarding allotment of Non-Convertible Debentures18 Sep 2026 · Company Update / Allotment of Equity Shares
Please find attached the intimation for Analyst meet16 Sep 2026 · Company Update / Analyst / Investor Meet
Please find attached intimation for Analyst Meet16 Sep 2026 · Company Update / Analyst / Investor Meet
Please find the enclosed intimation for the captioned subject.4 Sep 2026 · Company Update / Newspaper Publication
Please find enclosed intimation regarding the captioned subject.3 Sep 2026 · AGM/EGM / Postal Ballot
Please find attached intimation for Investors/Analyst Meet.2 Sep 2026 · Company Update / Analyst / Investor Meet
Please find enclosed intimation regarding allotment of Non-Convertible Debentures on a private placement basis2 Sep 2026 · Company Update / Allotment of Equity Shares
Please find enclosed regarding intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20151 Sep 2026 · Company Update / General
Please find enclosed intimation regarding captioned subject28 Aug 2026 · Company Update / Allotment of ESOP / ESPS
Please find attached the intimation for Analyst/ Investors Meet.22 Aug 2026 · Company Update / Analyst / Investor Meet
Please find enclosed intimation regarding allotment of Non- Convertible Debentures on a private placement basis20 Aug 2026 · Company Update / Allotment of Equity Shares
Please find attached the intimation in respect of Allotment of NCD.13 Aug 2026 · Company Update / Issue of Securities
Please find attached the intimation for Analyst Meet scheduled on August 17, 202611 Aug 2026 · Company Update / Analyst / Investor Meet
Please find enclosed intimation regarding ESG rating received from NSE Sustainability Ratings & Analytics Ltd.11 Aug 2026 · Company Update / Credit Rating
Please find enclosed the intimation regarding appointment of Whole-time Directors pursuant to approval received from Reserve Bank of India.11 Aug 2026 · Company Update / General
Please find attached the intimation of Analyst meet scheduled to be held on August 13 and August 14, 20267 Aug 2026 · Company Update / Analyst / Investor Meet
Please find enclosed intimation regarding the captioned subject29 Jul 2026 · Company Update / Allotment of ESOP / ESPS

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.7500	22 May 2026	22 May 2026	—
Final Dividend - Rs. - 2.7500	27 May 2025	27 May 2025	—

Board meetings

15 Oct 2026 Board Meeting - Financial Results