|
15 Apr 2025 |
L&T Finance
|
Consensus Share Price Target
|
158.64 |
180.38 |
- |
13.70 |
buy
|
|
|
|
|
03 Mar 2025
|
L&T Finance
|
Motilal Oswal
|
158.64
|
170.00
|
138.25
(14.75%)
|
7.16 |
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.
|
|
22 Jan 2025
|
L&T Finance
|
Motilal Oswal
|
158.64
|
180.00
|
139.37
(13.83%)
|
13.46 |
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).
|
|
21 Jan 2025
|
L&T Finance
|
Emkay
|
158.64
|
140.00
|
146.07
(8.61%)
|
Target met |
Sell
|
|
|
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
|
158.64
|
200.00
|
140.60
(12.83%)
|
26.07 |
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
|
158.64
|
180.00
|
137.51
(15.37%)
|
13.46 |
Buy
|
|
|
|
|
21 Oct 2024
|
L&T Finance
|
Sharekhan
|
158.64
|
200.00
|
157.82
(0.52%)
|
26.07 |
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.
|
|
21 Oct 2024
|
L&T Finance
|
Motilal Oswal
|
158.64
|
200.00
|
157.82
(0.52%)
|
26.07 |
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).
|
|
21 Oct 2024
|
L&T Finance
|
Emkay
|
158.64
|
150.00
|
157.82
(0.52%)
|
Target met |
Sell
|
|
|
LTF reported a mixed Q2FY25 result with PAT of Rs6.96bn broadly in line with our estimates, whereas it was ~3% above Consensus estimates.
|
|
30 Sep 2024
|
L&T Finance
|
ICICI Direct
|
158.64
|
225.00
|
187.90
(-15.57%)
|
41.83 |
Buy
|
|
|
|
|
20 Jul 2024
|
L&T Finance
|
ICICI Direct
|
158.64
|
215.00
|
175.95
(-9.84%)
|
35.53 |
Buy
|
|
|
|
|
18 Jul 2024
|
L&T Finance
|
Motilal Oswal
|
158.64
|
230.00
|
184.57
(-14.05%)
|
44.98 |
Buy
|
|
|
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
|
|
17 Jul 2024
|
L&T Finance
|
Anand Rathi
|
158.64
|
225.00
|
184.35
(-13.95%)
|
41.83 |
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.
|
|
17 Jul 2024
|
L&T Finance
|
Anand Rathi
|
158.64
|
225.00
|
184.35
(-13.95%)
|
41.83 |
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.
|
|
19 Jun 2024
|
L&T Finance
|
Sharekhan
|
158.64
|
205.00
|
176.21
(-9.97%)
|
29.22 |
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.
|
|
29 Apr 2024
|
L&T Finance
|
Sharekhan
|
158.64
|
185.00
|
168.80
(-6.02%)
|
Target met |
Buy
|
|
|
? LTFH’s earnings were significantly below estimates, led by higher provisions/higher opex in Q4FY2024, but retail business growth was solid.
|
|
29 Apr 2024
|
L&T Finance
|
Sharekhan
|
158.64
|
185.00
|
168.80
(-6.02%)
|
Target met |
Buy
|
|
|
LTFH’s earnings were significantly below estimates, led by higher provisions/higher opex in Q4FY2024, but retail business growth was solid.
|
|
29 Apr 2024
|
L&T Finance
|
Anand Rathi
|
158.64
|
205.00
|
168.80
(-6.02%)
|
29.22 |
Buy
|
|
|
With its shift to a retail franchisee ahead of its Lakshya 2026 target, L&T Finance’s Q4 consolidated (adjusted) net profit jumped ~32% y/y to Rs5.5bn, with the share of retail surging 300bps q/q to 94%.
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|
25 Jan 2024
|
L&T Finance
|
Motilal Oswal
|
158.64
|
200.00
|
166.90
(-4.95%)
|
|
Buy
|
|
|
|
|
01 Nov 2023
|
L&T Finance
|
Geojit BNP Paribas
|
158.64
|
143.00
|
131.85
(20.32%)
|
Target met |
Hold
|
|
|
|
|
25 Oct 2023
|
L&T Finance
|
Motilal Oswal
|
158.64
|
170.00
|
132.40
(19.82%)
|
Target met |
Buy
|
|
|
|