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 emergency, 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, 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; 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. L&T Finance Limited was incorporated in 1994 and is headquartered in Mumbai, India. L&T Finance Limited operates as a subsidiary of Larsen & Toubro Limited.
Metrics to compare | LTFL | Peers Peers - average of corresponding metrics from companies closely matching LTFL: MUTHOOTMF, AADHARHFC, SUNDARMFIN, CHOLAFIN, SPANDANA | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipLTFLPeersSector |
---|---|---|---|---|
P/E Ratio | 19.5x | 15.7x | 9.3x | |
PEG Ratio | 1.43 | 0.75 | 0.03 | |
Price/Book | 2.0x | 1.9x | 1.0x | |
Price / LTM Sales | 6.6x | 8.4x | 2.8x | |
Upside (Analyst Target) | −3.7% | 11.1% | 8.9% | |
Fair Value Upside | Unlock | 3.2% | 1.6% | Unlock |