Scrip Watch

LT Finance Holdings Ltd

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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