L&T Finance Holdings Ltd – Financial Highlights

1. Market capitalization is approximately ₹51,166 crore. 2. Return on Equity (ROE) is around 10.34%. 3. Trailing P/E ratio (TTM) stands at roughly 19.23x, compared to the industry average of 21.04x. 4. Earnings Per Share (EPS, TTM) is ₹10.65. 5. Price-to-Book (P/B) ratio is about 2.00x, with book value per share at ₹102.36. 6. Dividend yield is approximately 1.34%. 7. Debt-to-equity ratio is high, at around 3.61x, reflecting the leveraged nature of NBFC operations. 8. Business segments include Retail (farm, vehicle, housing, SME finance), Wholesale (real estate and infrastructure finance), Defocused (structured corporate loans), and Others (asset management and investments). 9. Promoter shareholding is strong at 66.16%, while retail investors, mutual funds, and institutions hold the rest. 10. According to investor goals, the company achieved over 80% share of retail business, over 25% CAGR in retail, gross asset quality under 3%, and RoA of 2.8–3.0%. 11. In Q1 FY25, consolidated profit after tax grew 29% YoY to ₹686 crore, retail disbursements rose 31% to ₹84,444 crore, and net interest margins plus fee income remained robust at 11.08%. 12. The company has received NBFC-ICC certification from the Reserve Bank of India, paving the way for broader regulatory compliance. 13. Recent commentary notes strong fundamentals, but some investors are cautious due to high P/E and inconsistent cash flow information. Summary: L&T Finance appears well-diversified across retail and wholesale lending, with healthy margins and consistent growth. While valuations are reasonable, the high leverage and NBFC-specific risks should be watched. Consistent asset quality and strategic retail focus support its long-term case.