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15 Jul 2025 |
L&T Finance
|
Consensus Share Price Target
|
205.45 |
201.16 |
- |
-2.09 |
buy
|
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20 Jun 2025
|
L&T Finance
|
Sharekhan
|
205.45
|
240.00
|
190.05
(8.10%)
|
16.82 |
Buy
|
|
|
LTFH remains assertive on reduction in credit cost and improvement in Asset quality in the MFI space from H2FY26. The MFIN Guardrails 2.0 will help build quality portfolios in the long term, also has limited impact in the short term.
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28 May 2025
|
L&T Finance
|
Geojit BNP Paribas
|
205.45
|
195.00
|
174.34
(17.84%)
|
Target met |
Accumulate
|
|
|
Sustained loan book growth, a slight decline in asset quality, higher credit costs and contracting net interest margin, characterized LTF's performance in Q4FY25. Looking ahead, with the successful implementation of Project Cyclops, a comprehensive credit administration framework overhaul, and the introduction of Project Nostradamus, LTF is poised to boost disbursement in FY26, particularly in its urban and rural businesses. Continued investments in digital transformation...
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29 Apr 2025
|
L&T Finance
|
ICICI Securities Limited
|
205.45
|
205.00
|
167.83
(22.42%)
|
Target met |
Buy
|
|
|
L&T Finance (LTF) reported PAT of INR 6.3bn, up 2% QoQ/15% YoY in Q4FY25, translating into RoA of 2.2% and RoE of 10%. In line with guidance, LTF utilised macro prudential buffer of INR 3bn (INR 1bn utilised in Q3FY25) for its rural business finance (RBF) portfolio.
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29 Apr 2025
|
L&T Finance
|
Emkay
|
205.45
|
150.00
|
167.83
(22.42%)
|
26.99 |
Sell
|
|
|
L&T Finance (LTF) reported a weaker than estimated set of numbers, with changing asset composition and interest-rate cuts in MFI causing NIM compression (35bps QoQ).
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|
28 Apr 2025
|
L&T Finance
|
Motilal Oswal
|
205.45
|
200.00
|
167.66
(22.54%)
|
Target met |
Buy
|
|
|
L&T Finance’s (LTF) reported 4QFY25 PAT grew 15% YoY to INR6.4b (in line). FY25 PAT grew ~14% YoY to INR26.4b. Consol. credit costs stood at INR6.2b (in line), translating into annualized credit costs of ~2.55% (PQ: 2.5% and PY: 3.2%).
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|
03 Mar 2025
|
L&T Finance
|
Motilal Oswal
|
205.45
|
170.00
|
138.25
(48.61%)
|
Target met |
Buy
|
|
|
L&T Finance (LTF), much like its MFI industry peers, is also navigating a tough period in microfinance but has admittedly exhibited much better asset quality performance (or lower credit costs) in the current MFI credit cycle.
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22 Jan 2025
|
L&T Finance
|
Motilal Oswal
|
205.45
|
180.00
|
139.37
(47.41%)
|
Target met |
Buy
|
|
|
L&T Finance’s (LTF) 3QFY25 PAT declined 2% YoY to INR6.3b (~6% beat). PPoP grew ~11% YoY to ~INR14.8b (in line).
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21 Jan 2025
|
L&T Finance
|
Emkay
|
205.45
|
140.00
|
146.07
(40.65%)
|
Target met |
Sell
|
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|
LTF delivered an in-line performance in Q3FY25, in terms of AUM growth, PAT, and credit cost. However, ongoing stress in the MFI segment is expected to keep near-term asset growth below the targeted growth of 25%.
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26 Nov 2024
|
L&T Finance
|
ICICI Securities Limited
|
205.45
|
200.00
|
140.60
(46.12%)
|
Target met |
Buy
|
|
|
LTF launched its beta version for project Cyclops in Jun’24, which is an AI driven multi-dimensional underwriting engine. It uses alternate data sources, namely trust signals, geo signals and account aggregator data apart from traditional bureau data from multiple bureaus.
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14 Nov 2024
|
L&T Finance
|
ICICI Direct
|
205.45
|
180.00
|
137.51
(49.41%)
|
Target met |
Buy
|
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21 Oct 2024
|
L&T Finance
|
Emkay
|
205.45
|
150.00
|
157.82
(30.18%)
|
Target met |
Sell
|
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|
LTF reported a mixed Q2FY25 result with PAT of Rs6.96bn broadly in line with our estimates, whereas it was ~3% above Consensus estimates.
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21 Oct 2024
|
L&T Finance
|
Motilal Oswal
|
205.45
|
200.00
|
157.82
(30.18%)
|
Target met |
Buy
|
|
|
L&T Finance (LTF) reported 17% YoY growth in PAT to INR7b (in line) in 2QFY25. PPoP grew ~23% YoY to ~INR15.9b (in line).
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21 Oct 2024
|
L&T Finance
|
Sharekhan
|
205.45
|
200.00
|
157.82
(30.18%)
|
Target met |
Buy
|
|
|
Net earnings were almost in line due to a better performance by retail segment except MFI, higher other income, lower opex and credit cost. It also kept RoA steady.
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30 Sep 2024
|
L&T Finance
|
ICICI Direct
|
205.45
|
225.00
|
187.90
(9.34%)
|
9.52 |
Buy
|
|
|
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20 Jul 2024
|
L&T Finance
|
ICICI Direct
|
205.45
|
215.00
|
175.95
(16.77%)
|
4.65 |
Buy
|
|
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18 Jul 2024
|
L&T Finance
|
Motilal Oswal
|
205.45
|
230.00
|
184.57
(11.31%)
|
11.95 |
Buy
|
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|
L&T Finance (LTF) posted ~29% YoY PAT growth to INR6.9b (in line) in 1QFY25. PPoP grew ~19% YoY to ~INR14.7b (in line), while credit costs stood at INR5.4b
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17 Jul 2024
|
L&T Finance
|
Anand Rathi
|
205.45
|
225.00
|
184.35
(11.45%)
|
9.52 |
Buy
|
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|
With its shift to a retail franchise ahead of its Lakshya 2026 target, L&T Finance’s Q1 consolidated net profit surged ~29.2% y/y to Rs6.85bn.
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17 Jul 2024
|
L&T Finance
|
Anand Rathi
|
205.45
|
225.00
|
184.35
(11.45%)
|
9.52 |
Buy
|
|
|
With its shift to a retail franchise ahead of its Lakshya 2026 target, L&T Finance’s Q1 consolidated net profit surged ~29.2% y/y to Rs6.85bn.
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|
19 Jun 2024
|
L&T Finance
|
Sharekhan
|
205.45
|
205.00
|
176.21
(16.59%)
|
|
Buy
|
|
|
LTFH is focusing on converging with retail business metrics gradually over the medium term. Endeavor is to achieve RoA of 2.8-3.0% by FY2026 which would lead to a re-rating.
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29 Apr 2024
|
L&T Finance
|
Sharekhan
|
205.45
|
185.00
|
168.80
(21.71%)
|
Target met |
Buy
|
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|
LTFH’s earnings were significantly below estimates, led by higher provisions/higher opex in Q4FY2024, but retail business growth was solid.
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