LT Finance Holdings Ltd

LT Finance Holdings Ltd
Finance (Including NBFC’s)
FV – Rs 10; 52wks H/L –189.55/111.2; TTQ – 2.95 Lacs; CMP – Rs 123 (As On May 7, 2019);                      

            Market Cap – Rs 24615 Crs

Consolidated Financials and Valuations for FY19 (Amt in Rs Crs unless specified)


Equity Capital

Net worth
Long Term Debt
Total
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

Industry P/E

P/BV

Promoter’s
Stake
Beta
1998.81 13450 35785 12990 3052 67 15.3 8 31.52 1.8 63.91 1.77

 

Consolidated Financials and Valuations for FY18


Equity Capital

Net worth
Long Term Debt
Total
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

Industry P/E

P/BV

Promoter’s
Stake
Beta
1995.67 11407 51043 10500 1465 57 7.38 16.7 31.52 2.2 63.91 1.77

 

Valuation Parameters:

  1. Long Term Debt to Equity – 2.7
  2. ROE % – 23
  3. Market Cap/Sales – 1.9

 

L&T Finance putting in place a plan to achieve top quartile ROE year after year. https://economictimes.indiatimes.com/markets/expert-view/lt-finance-putting-in-place-a-plan-to-achieve-top-quartile-roe-year-after-year-dinanath-dubhashi/articleshow/69112988.cms

L&T Finance Holdings eyes CAGR of 18-20% over next five years, says Dubhashi. https://www.cnbctv18.com/real-estate/lt-finance-holdings-eyes-cagr-of-18-20-over-next-five-years-says-dubhashi-3132671.htm

Overview:

  • L&T Finance Holdings Ltd is a non-banking financial institution-core investment company.
  • The Company’s segments include Retail and MidMarket Finance.
  • It offers a range of financial products and services across retail, corporate, housing and infrastructure finance sectors, as well as mutual fund products and investment management services.
  • With a total loan book size exceeding 57000 Crs and Pan-India reach with 700+ points of presence in 24 states.

Book Size:

Business Book Size
  (Rs.Crs)
Rural 16457
Housing 18898
Wholesale 46759
Total 82114

 

Management:

  • Dinanath Dubhashi – CMD
  •  Sachinn Joshi – CFO