L&T Finance Limited, a non-banking financial company, engages in the provision of various financial products and services in India. It offers farmer finance services, that includes farm equipment finance; rural business finance services, such as agri allied, micro finance, and rural group loans; urban finance services, that includes two-wheeler finance, consumer loans, home loans, and loans against property; SME loans; and real estate finance and infrastructure finance services. 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, RECLTD, 538732 | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipLTFLPeersSector |
---|---|---|---|---|
P/E Ratio | 14.6x | 11.9x | 9.0x | |
PEG Ratio | 1.20 | 0.35 | 0.03 | |
Price/Book | 1.5x | 1.5x | 1.0x | |
Price / LTM Sales | 4.7x | 5.9x | 2.8x | |
Upside (Analyst Target) | 17.8% | 14.8% | 11.7% | |
Fair Value Upside | Unlock | −2.7% | 2.6% | Unlock |