L&T Finance Ltd (LTF) — shareholding pattern, promoter holding, financials and share price
About L&T Finance Ltd (LTF)
L&T Finance Ltd operates in the Non Banking Financial Company (NBFC) industry, within the Financial Services sector. It trades on the NSE as LTF and on the BSE under scrip code 533519. Its ISIN is INE498L01015.
L&T Finance Ltd. is a NBFC, offering a range of financial products and services. [1] Company has filed requisite application for necessary registration as Systemically Important Non- Deposit Accepting Core Investment Company (NBFC-CIC) [2]
L&T Finance Limited, a subsidiary of Larsen & Toubro, operates as a financial holding company offering a range of financial services, including rural, housing, and wholesale finance.
The company achieved its highest-ever quarterly core PAT of ₹ 760 Cr in Q3FY26, reflecting a significant YoY growth of 21%, driven by strong retail disbursements and strategic operational enhancements.
Listed peers in Non Banking Financial Company (NBFC): HDB Financial Services Ltd, SBI Cards & Payment Services Ltd, Sundaram Finance Ltd, Piramal Finance Ltd, Mahindra & Mahindra Financial Services Ltd, Authum Investment & Infrastructure Ltd.
Valuation & Returns
10 Jul 2026At ₹321.25 a share on 10 Jul 2026, L&T Finance Ltd (LTF) was valued at a price-to-earnings ratio of 25.17x against an industry P/E of 19.5x and a price-to-book of 2.88x on a book value of ₹111.69 per share as of Mar 2026. Solomo computes return on equity of 11.43% and return on capital employed of 7.75% from filed results. Earnings ratios use consolidated results for the twelve months Sep 2025 to Jun 2026.
- P/E
- 25.17x
- Industry P/E
- 19.5x
- P/B
- 2.88x
- EPS (TTM)
- ₹12.76
- Book value / share
- ₹111.69
- ROE
- 11.43%
- ROCE
- 7.75%
- ROA
- 2.25%
- Debt / equity
- 3.93x
- Dividend yield
- 0.86%
- EBITDA margin
- 61.31%
- 52-week range
- ₹194.4 – ₹338.6
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, L&T Finance Ltd (LTF) reported revenue of ₹17,914 crore, net profit of ₹2,983 crore and earnings per share of ₹11.9. That compares with revenue of ₹15,924 crore and net profit of ₹2,643 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Jun 2026, revenue was ₹5,213 crore and net profit ₹916 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 11,930 | 12,775 | 14,252 | 15,924 | 17,914 |
| Net profit (₹ cr) | 1,049 | 1,536 | 2,317 | 2,643 | 2,983 |
| EPS (₹) | 4.33 | 6.55 | 9.32 | 10.6 | 11.9 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 59.02% | 153.84% | 11.85% | 12.49% |
| Profit growth | 32.36% | 92.91% | 17.32% | 12.84% |
| Stock price CAGR | 16% | 27% | 33% | 52% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 65.96% of L&T Finance Ltd (LTF) (down 0.03 pp QoQ), foreign institutional investors (FII) hold 7.71% and domestic institutional investors (DII) hold 14.9%. Market capitalisation was ₹80,489 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2011.
Largest disclosed public shareholders in Jun 2026: Kotak Midcap Fund 2.58%, Invesco India Flexi Cap Fund 1.74%, Motilal Oswal Midcap Fund 1.4%, Mirae Asset Large & Midcap Fund 1.28%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 65.96% | - | 7.71% | 14.9% | 34.04% |
| Mar 2026 | 65.99% | - | 7.63% | 14.9% | 34.01% |
| Dec 2025 | 66.03% | - | 6.66% | 15.33% | 33.97% |
| Sep 2025 | 66.1% | - | 6.41% | 14.32% | 33.9% |
| Jun 2025 | 66.16% | - | 6.19% | 14.11% | 33.84% |
| Mar 2025 | 66.24% | - | 5.48% | 13.29% | 33.76% |
| Dec 2024 | 66.25% | - | 5.3% | 12.17% | 33.75% |
| Sep 2024 | 66.29% | - | 6.73% | 12.33% | 33.71% |