TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2024

Income Metrics

Revenue 19.3B
Net Income 5.5B 28.72%

Balance Sheet Metrics

Shareholders Equity 235.3B
Debt to Equity 0.00

Cash Flow Metrics

Revenue & Profitability Trend

L&T Finance Holdings Income Statement From 2021 to 2024

Metric2024202320222021
Revenue i78.6B65.2B55.9B34.9B
Cost of Goods Sold i----
Gross Profit i----
Gross Margin % i0.0%0.0%0.0%0.0%
Operating Expenses
Research & Development i----
Selling, General & Administrative i-6.6B4.0B2.4B
Other Operating Expenses i15.9B13.2B6.4B-18.1B
Total Operating Expenses i15.9B19.8B10.4B-15.8B
Operating Income i----
Operating Margin % i0.0%0.0%0.0%0.0%
Non-Operating Items
Interest Income i----
Interest Expense i----
Other Non-Operating Income----
Pre-tax Income i30.3B-5.6B12.2B12.6B
Income Tax i7.1B1.7B3.7B5.2B
Effective Tax Rate % i23.5%0.0%30.6%41.5%
Net Income i23.2B15.4B10.5B9.5B
Net Margin % i29.5%23.6%18.8%27.2%
Key Metrics
EBITDA i----
EPS (Basic) i-₹6.56₹4.33₹4.49
EPS (Diluted) i-₹6.54₹4.32₹4.47
Basic Shares Outstanding i-247446646324726140632164026642
Diluted Shares Outstanding i-247446646324726140632164026642

Income Statement Trend

L&T Finance Holdings Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i46.8B89.0B60.9B72.6B-
Short-term Investments i-----
Accounts Receivable i-----
Inventory i-----
Other Current Assets-----
Total Current Assets i-----
Non-Current Assets
Property, Plant & Equipment i4.1B1.2B807.6M849.1M-
Goodwill i1.6B1.5B1.6B14.1B-
Intangible Assets i1.3B1.2B1.4B1.4B-
Long-term Investments-----
Other Non-Current Assets-----
Total Non-Current Assets i-----
Total Assets i-----
Liabilities
Current Liabilities
Accounts Payable i12.2B8.1B4.3B3.7B-
Short-term Debt i-----
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i-----
Non-Current Liabilities
Long-term Debt i766.0B831.0B848.5B871.5B-
Deferred Tax Liabilities i-----
Other Non-Current Liabilities-----
Total Non-Current Liabilities i-----
Total Liabilities i-----
Equity
Common Stock i24.9B24.8B24.7B24.7B-
Retained Earnings i-63.0B54.2B46.4B37.2B
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i235.3B216.2B201.3B189.7B-
Key Metrics
Total Debt i766.0B831.0B848.5B871.5B0
Working Capital i00000

Balance Sheet Composition

L&T Finance Holdings Cash Flow Statement From 2021 to 2024

Metric2024202320222021
Operating Activities
Net Income i30.3B21.8B14.7B15.0B
Depreciation & Amortization i----
Stock-Based Compensation i378.5M265.7M201.1M545.1M
Working Capital Changes i0000
Operating Cash Flow i23.9B17.5B18.3B17.1B
Investing Activities
Capital Expenditures i-1.2B-960.5M-766.0M-491.4M
Acquisitions i261.0M0--
Investment Purchases i-45.3B-89.6B-59.8B-42.6B
Investment Sales i54.7B53.8B24.5B22.9B
Investing Cash Flow i8.5B-3.3B-50.8B-10.7B
Financing Activities
Share Repurchases i0-3.5B-10.6B-6.0B
Dividends Paid i-5.0B-1.2B--
Debt Issuance i177.8B229.6B181.9B205.6B
Debt Repayment i-243.6B-241.5B-201.8B-250.4B
Financing Cash Flow i-70.4B-16.6B-30.2B-20.8B
Free Cash Flow i5.5B65.9B60.0B54.1B
Net Change in Cash i-38.0B-2.5B-62.8B-14.4B

Cash Flow Trend

L&T Finance Holdings Key Financial Ratios

Valuation Ratios

Price to Sales 5.67

Profitability Ratios

Profit Margin 31.57%
Operating Margin 43.37%
Return on Equity 9.86%

Financial Health

Debt to Equity 343.98
Beta 1.06

Per Share Data

Revenue per Share ₹28.94

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
l&tfh407.6B--9.86%31.57%343.98
Bajaj Finance 5.4T31.255.6320.08%44.94%294.16
Indian Railway 1.7T24.823.0512.68%97.62%748.58
Power Finance 1.3T5.491.1314.82%51.13%636.84
Cholamandalam 1.2T28.115.2818.01%39.21%743.09
Shriram Finance 1.1T11.932.0318.11%52.58%316.89

Financial data is updated regularly. All figures are in the company's reporting currency.