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Earnings Call

L&T Finance Earnings Call: Key Takeaways

L&T Finance delivered record annual PAT of ₹3,003 Cr (up 14% YoY) and quarterly PAT of ₹807 Cr (up 27% YoY). Strategic shift completed with 98% retailization and launch of Lakshya 2031 plan.

Why this was an Alfa AlertNot a filter event. Results and guidance are in line with the previously stated Lakshya 2026 strategic targets.
Highlights
Revenue growthTotal income grew 26% YoY in Q4FY26.
MarginsNIMs+Fees improved to 10.47% in Q4; guided range 10-10.5%.
Order bookConsolidated book size reached ₹1,21,728 Cr in FY26.
Demand visibilityStrong domestic demand in urban and rural sectors; resilient economic activity.
Management confidenceHigh; confident in achieving 20%+ growth despite geopolitical headwinds.

Growth

FY26 Retail book grew 26% YoY to ₹1,19,508 Cr; quarterly retail disbursements hit record ₹24,107 Cr (up 62% YoY).

Outlook

Lakshya 2031 targets 20%+ book CAGR, RoA of 3.0-3.2%, and RoE of 16-18%. FY27 AUM growth guided at 20%+.

Risks

Geopolitical tensions in West Asia, energy shocks, potential fertilizer supply disruptions affecting rural yields, and El Niño impacts.

Source

Earnings Call filed with NSE, NSE: LTF. Summary written with AI assistance from the document.

Read the document ↗

L&T Finance Ltd: key numbers

Share price
₹284.00
Market cap
₹71,180 Cr
Revenue (annual)
₹17,914 Cr
Net profit (annual)
₹2,981 Cr
P/E (TTM)
22.4×Sector 22.0×
Promoter holding
65.96%-0.03% QoQ
FII holding
7.71%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from L&T Finance Ltd

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10:03 IST BSE
Credit Rating

L&T Finance Credit Rating

L&T Finance Ltd received a reaffirmation of its credit ratings from CARE Ratings Limited. The company's various debt instruments continue to hold high ratings with stable outlooks.

14:24 IST BSE
Debt & Borrowing

L&T Finance Debt & Borrowing: ₹29.71 Cr

L&T Finance paid Rs. 29.71 Crore half-yearly interest on Series A FY 2019-20 bonds on 24 September 2026. The coupon was disbursed on schedule with no delay.

Value
₹29.71 Cr
16:24 IST BSE
Other Announcement

L&T Finance Other Announcement

L&T Finance has received an ESG rating of 79.15 (Leader category) from Niche Ninety Nine Capability and Certifications (OPC) Private Limited.

16:11 IST BSE
Debt & Borrowing

L&T Finance Debt & Borrowing: ₹650 Cr

L&T Finance allotted 65,000 senior, secured, non-convertible debentures worth ₹650 Crore on a private placement basis. These instruments carry a coupon of 7.8384% per annum.

Value
₹650.0 Cr
16:54 IST BSE
Debt & Borrowing

L&T Finance Debt & Borrowing: ₹0.91 Cr

L&T Finance confirmed timely interest payments for four non-convertible debt securities. The company remains compliant with SEBI regulations regarding debt payment obligations.

Value
₹0.91 Cr
18:20 IST BSE
Debt & Borrowing

L&T Finance Debt & Borrowing: ₹11.49 Cr

L&T Finance Limited has paid ₹11.49 Crore in interest to its debenture holders for Series J, confirming timely completion of the debt obligation.

Value
₹11.49 Cr