Latest news about L&T Finance
L&T Finance expects gold loan book to cross 10% share in 5 years
L&T Finance
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More news about L&T Finance
11Aug 26
L&T Finance rated ESG leader with score of 78
L&T Finance Limited achieved an ESG score of 78, earning a 'leader' status from NSE Sustainability. The rating, issued on August 10, 2026, highlights the company's strong governance and sustainability practices under SEBI regulations.
11Aug 26
L&T Finance appoints Joshi, Dodti as Whole-Time Directors
L&T Finance Limited has appointed Sachinn Joshi (DIN: 00040876) and Raju Dodti (DIN: 06550896) as Whole-Time Directors for tenures of two and three years respectively, effective August 10, 2026. The appointments were approved by the RBI and disclosed to stock exchanges on August 11, 2026, under SEBI Listing Regulations.
07Aug 26
L&T Finance hosts analyst meet in Mumbai on Aug 13-14
L&T Finance Limited announced an analyst meet scheduled for August 13-14, 2026, in Mumbai. The event includes group and one-on-one sessions at the Emkay Conference, adhering to SEBI LODR regulations. No unpublished price-sensitive information will be disclosed during the interactions.
29Jul 26
L&T Finance Records Two NSE Block Trades Totalling Over Rs. 111 Crores
L&T Finance recorded two block trades on the NSE. The first trade involved approximately 1,476,197 shares at Rs. 302.85 per share, valued at Rs. 44.71 crores. The second, larger trade covered approximately 2,188,940 shares at Rs. 303.90 per share, amounting to Rs. 66.52 crores. Both transactions reflect significant institutional activity in the stock.
20Jul 26
L&T Finance net profit rises 29% to ₹902 crore in Q1FY27
L&T Finance released the transcript of its Q1FY27 earnings call, detailing a 29% YoY increase in net profit to ₹902 crore and a 27% rise in the consolidated book to ₹1,29,634 crore. Retail disbursements grew 36% YoY to ₹23,852 crore, with significant contributions from Personal Loans and Gold Finance. The company emphasized its AI-native strategy under Lakshya 2031, reporting improved asset quality with credit costs moderating to 2.54%.
14Jul 26
L&T Finance seeks re-classification of Nabha Power to public category
L&T Finance applied to BSE and NSE on July 14, 2026, to re-classify Nabha Power Limited from the 'Promoter Group' to the 'Public' category. This follows the Board's approval of the request on July 10, 2026. The disclosure was made under Regulation 31A of the SEBI Listing Regulations.
13Jul 26
L&T Finance Expects Steady Growth in Gold Loan Business for Q2
L&T Finance has expressed expectations of steady growth in its gold loan business for Q2. The company's outlook highlights its continued strategic focus on the secured retail lending segment. Gold loans represent a key product category within L&T Finance's broader retail asset portfolio. The development signals ongoing momentum in this segment of the company's lending operations.
13Jul 26
L&T Finance Aims For Over 20% Growth Rate In Loans, May Accelerate If Opportunities Come Up
L&T Finance has announced a target of over 20% growth in its loan book, with management indicating willingness to accelerate further if market opportunities arise. The guidance reflects the company's strategic focus on scaling its lending portfolio at an above-market rate. No specific financial figures or timelines were detailed alongside the growth target. The announcement underscores a growth-oriented and opportunity-responsive approach to L&T Finance's core lending business.
08Jul 26
L&T Finance allots Rs 1,000 Cr NCDs via private placement
L&T Finance allotted non-convertible debentures (NCDs) worth ₹1,000 crore on July 07, 2026, via private placement. The issuance includes two options: Option I (₹500 crore) with a 7.7942% coupon maturing on June 27, 2031, and Option II (₹500 crore) with a 7.8384% coupon maturing on September 28, 2029. The secured NCDs are listed on the NSE's New Debt Market.
06Jul 26
Citi Buys, Morgan Stanley Underweights L&T Finance Amid Strong Q1FY27 Numbers
L&T Finance reported estimated Q1FY27 retail disbursements of ₹23,800 crores (+36% YoY) and a retail loan book of ₹1,27,450 crores (+28% YoY) with 98%+ retailisation. Citi maintained a Buy rating with a ₹340 target, while Morgan Stanley retained Underweight at ₹150, citing margin, asset quality, and valuation concerns.
03Jul 26
L&T Finance to discuss Q1FY27 results on July 13
L&T Finance will host a conference call on July 13, 2026, at 11:00 am IST to discuss its Q1FY27 financial performance and business strategy. The company provided dial-in numbers and a pre-registration link for investors. Post-call resources, including the presentation and transcript, will be available on its website.
02Jul 26
L&T Finance allots Rs 380 Cr NCDs at 8.20% coupon
L&T Finance allotted 380 subordinated, unsecured, redeemable, non-convertible debentures (NCDs) on a private placement basis for an aggregate nominal value of Rs 380 crore on July 01, 2026. The debentures carry a coupon rate of 8.20% per annum, with interest payable annually starting July 01, 2027, and mature on July 01, 2036.
29Jun 26
L&T Finance receives Nabha Power re-classification request
L&T Finance Limited received a request from Nabha Power Limited to re-classify its status from the Promoter Group to the Public category. This follows the transfer of 100% equity and convertible instruments in Nabha Power by L&T Power Development Limited to Torrent Power Limited. Nabha Power confirmed it meets SEBI regulations for re-classification, and the request will be placed before the L&T Finance Board for consideration.
18Jun 26
L&T Finance schedules investor meets in Bengaluru and Mumbai
L&T Finance has announced a schedule of investor meetings for June 2026, including a site visit in Bengaluru and a financial conference in Mumbai. The company stated that no unpublished price sensitive information would be shared during these events.
16Jun 26
L&T Finance allots Rs 1,500 crore NCDs at 8.12% coupon
L&T Finance allotted 1,50,000 senior, secured, rated, listed, redeemable, non-convertible debentures (NCDs) aggregating Rs 1,500 crore on June 15, 2026, via private placement. The NCDs carry a coupon rate of 8.12% per annum, have a tenor of 1,110 days maturing on June 29, 2029, and are secured by hypothecation over fixed deposits and receivables.
04Jun 26
L&T Finance schedules virtual investor meets in June 2026
L&T Finance has scheduled virtual investor meetings for June 8-9 and June 15, 2026, with Nuvama India and Goldman Sachs. The company confirmed no unpublished price sensitive information will be disclosed. The schedule is subject to change.
30May 26
L&T Finance approves dividend at 18th AGM
L&T Finance shareholders approved a final dividend of ₹2.75 per share for FY26 at the Eighteenth AGM held on May 29, 2026. The meeting also saw the re-appointment of Mr. S. N. Subrahmanyam and approval for amendments to the company's authorised preference share capital and issuance of preference shares.
28May 26
L&T Finance classifies Chief Human Resources Officer as Senior Management
L&T Finance has classified Ms. Shatabdi Basu Gupta, Chief Human Resources Officer, as Senior Management Personnel effective May 27, 2026. The decision was approved by the Nomination and Remuneration Committee and disclosed to exchanges under Regulation 30. Ms. Gupta brings over 27 years of experience, including key roles at Larsen & Toubro Limited.
19May 26
L&T Finance Schedules Institutional Investor Meeting on May 20, 2026 in Mumbai
L&T Finance has scheduled an institutional investor and analyst meeting for May 20, 2026, in Mumbai, to be held in-person as a group or one-on-one interaction. The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no unpublished price sensitive information will be shared, and presentations will align with those already published on company and exchange websites. The schedule remains subject to change based on exigencies from investors or the company.
15May 26
L&T Finance Receives ESG Score of 80 from ESGRisk.ai
L&T Finance Limited announced it received an ESG score of 80 from ESG Risk Assessments and Insights Limited (ESGRisk.ai), a Category I SEBI-registered provider, on May 14, 2026. The disclosure, made under Regulation 30 of the SEBI Listing Regulations, was filed with the NSE and BSE. The score is now available on the ESGRisk.ai website.
06May 26
L&T Finance Q4FY26 & FY26 Earnings: Record PAT, Retail Surge, and Lakshya 2031 Roadmap Unveiled
L&T Finance reported its highest-ever annual PAT of ₹3,003 Cr for FY26, up 14% YoY (before a one-time Labor Code impact), with Q4FY26 PAT at ₹807 Cr, up 27% YoY. Record quarterly retail disbursements of ₹24,107 Cr, up 62% YoY, drove the retail book to ₹1,19,508 Cr, up 26% YoY, while credit costs moderated to 2.64%. The company concluded its Lakshya 2026 plan with retailisation at 98% and retail book CAGR of 28%, and launched Lakshya 2031 targeting 20%+ book CAGR, sub-2% credit costs, RoA of 3.0%–3.2%, and RoE of 16%–18%. AI-driven tools including Project Cyclops and Project Nostradamus continued to deliver measurable improvements in credit underwriting and portfolio management.
05May 26
L&T Finance Schedules Eighteenth Annual General Meeting on May 29, 2026; Recommends Final Dividend of Rs. 2.75 Per Share
L&T Finance Limited has scheduled its Eighteenth Annual General Meeting for Friday, May 29, 2026, at 03:30 p.m. (IST), to be held through electronic mode via video conference or other audio-visual means. The Board of Directors recommended a final dividend of Rs. 2.75 per equity share at their meeting on April 24, 2026, with a record date of May 22, 2026. If approved at the AGM, the dividend will be paid on or before June 27, 2026, exclusively through electronic modes. The AGM Notice and Integrated Annual Report for FY2025-26 will be distributed electronically to registered members.
05May 26
L&T Finance Limited Submits Business Responsibility and Sustainability Report for FY26
L&T Finance Limited filed its Business Responsibility and Sustainability Report for FY26, detailing ESG initiatives across environmental, social, and governance domains. The company serves over 2.8 crore customers through 2,841 branches and employs 41,301 staff. Key environmental achievements include maintaining water-positive status and financing 62,023 EVs to reduce emissions. Socially, CSR programs benefited over 17.30 lakh people, while the firm retained its Great Place To Work certification. Independent assurance for the report was provided by BDO India Services Private Limited.
30Apr 26
L&T Finance Exercises Call Option for Redemption of ₹15 Crore Subordinated NCDs
L&T Finance Limited has formally announced the exercise of call option for redemption of Subordinated Perpetual Upper Tier-II Debt NCDs worth ₹15 crores, scheduled for June 03, 2026. The company has obtained necessary RBI approval and notified stock exchanges in compliance with SEBI regulations, with debenture holders receiving formal documentation regarding the redemption process.
27Apr 26
L&T Finance Sets Bold Growth Targets: 20%+ CAGR & AUM Growth Through FY27
L&T Finance has announced ambitious growth targets including over 20% CAGR and 16-18% ROE through 2031, with Asset Under Management expected to increase by over 20% in FY27. The company's strategic roadmap is supported by strong Q4 performance, improved credit costs, and Nomura's Buy rating with ₹340 target price.
27Apr 26
L&T Finance Plans Aggressive Expansion with 400+ Gold Loan Branches by FY27
L&T Finance has announced plans to open more than 400 gold loan branches by FY27, representing a major expansion of its gold financing business. This strategic initiative aims to strengthen the company's market position in the gold loan segment and enhance service accessibility for customers across various locations.
27Apr 26
L&T Finance Q4FY26 Results: Revenue Jumps 19% to ₹4,771 Cr, PAT Up 27%
L&T Finance delivered exceptional Q4FY26 performance with revenue growth of 19% to ₹4,771 Cr and net profit surge of 27% to ₹810 Cr. The company achieved its highest-ever annual PAT of ₹3,003 Cr for FY26, representing 14% YoY growth, while maintaining strong operational metrics including 98% retailisation of its book and launching the strategic Lakshya 2031 roadmap targeting premium AI-enabled BFSI positioning.
24Apr 26
L&T Finance Board Approves Up To ₹6,012 Crore Non-Convertible Preference Share Issuance
L&T Finance's board of directors has approved the issuance of non-convertible preference shares valued at up to ₹6,012 crore. This significant capital raising initiative demonstrates the company's strategic approach to strengthening its financial position through preference share instruments. The board approval marks an important corporate development for the financial services company.
22Apr 26
L&T Finance Limited Allots Rs 500 Crore Non-Convertible Debentures on Private Placement
L&T Finance Limited has allotted 50,000 senior, secured, rated, listed, redeemable non-convertible debentures aggregating Rs 500 crore through private placement to an identified investor on April 21, 2026. The debentures have a face value of Rs 1,00,000 each and carry a coupon rate of 7.7942% per annum. The instruments are secured by exclusive and first ranking charges over identified fixed deposits and standard receivables of the issuer. The debentures will be listed on the Negotiated Trade Reporting Platform under the New Debt Market of the National Stock Exchange of India Limited.
16Apr 26
L&T Finance Schedules Board Meeting April 24 and Conference Call April 27 for Q4FY26 Results
L&T Finance Limited has scheduled critical corporate events including a board meeting on April 24, 2026 to approve Q4FY26 audited financial results and evaluate fundraising proposals, followed by an investor conference call on April 27, 2026 to discuss financial performance and strategy updates with multiple international participation options.
06Apr 26
L&T Finance Reports Q4FY26 Retail Disbursements of ₹24,080 Crores, Up 62% YoY
L&T Finance delivered strong Q4FY26 performance with retail disbursements reaching ₹24,080 crores, marking 62% year-on-year growth. The company's full-year FY26 disbursements stood at ₹83,190 crores, up 39% from the previous year, while the retail loan book expanded to ₹1,19,550 crores with retailisation improving to 98%.
02Apr 26
L&T Finance Limited Allots 3,13,000 Equity Shares Under Employee Stock Option Scheme
L&T Finance Limited's ESOP Allotment Committee approved the allotment of 3,13,000 equity shares on April 02, 2026, to employees who exercised their stock options under the L&TFL Employee Stock Option Scheme – 2013. The newly allotted shares will rank pari-passu with existing equity shares and be entitled to future dividend declarations. The allotment was conducted in compliance with SEBI regulations and has been duly reported to stock exchanges.
01Apr 26
HSBC Maintains Buy Rating on L&T Finance, Cuts Target Price to Rs 280 Amid Regional Concerns
HSBC has maintained its Buy rating on L&T Finance while reducing the target price to Rs 280, citing Middle East conflict-related earnings risks. The brokerage expects challenges in AUM growth, margins, and EPS, with liability pressures being the primary concern followed by asset risks. HSBC expressed preference for private banks over PSUs and NBFCs, highlighting Cholamandalam Investment and Finance and Shriram Finance as preferred picks, while positioning LIC Housing Finance as a defensive option.
27Mar 26
L&T Secures Major Contract Worth ₹10 Billion to ₹25 Billion
L&T has secured a major contract worth ₹10 billion to ₹25 billion, representing a significant milestone for the engineering and construction company. This substantial contract win strengthens L&T's competitive position in the infrastructure market and adds considerable value to its order book, demonstrating the company's continued ability to attract large-scale projects.
20Mar 26
L&T Finance Limited schedules institutional investor meet at Jefferies Conference for March 25, 2026
L&T Finance Limited has scheduled an institutional investor and analyst meeting for March 25, 2026, at the Jefferies Conference in Mumbai. The company will participate in person and has confirmed compliance with SEBI regulations, stating that no unpublished price sensitive information will be shared. The meeting schedule may be subject to change due to exigencies, and all presentations will align with materials already available on company and stock exchange websites.
19Mar 26
CITI Issues Buy Rating on L&T Finance with ₹330 Target Price on AI-Led Transformation
CITI has assigned a Buy rating to L&T Finance with a ₹330 target price, based on the company's ₹800 million AI-led transformation initiative. The technology upgrade has reduced underwriting turnaround time from 37 hours to 18 hours, targeting further reduction to 8 hours, while improving productivity and lowering credit costs. The company expects AUM growth exceeding 20% and has guided for RoA of 2.0-2.2% by 4QFY27.
04Mar 26
L&T Finance Limited Allots 7,98,240 Equity Shares Under Employee Stock Option Scheme
L&T Finance Limited's ESOP Allotment Committee approved the allotment of 7,98,240 equity shares on March 4, 2026, to employees who exercised their stock options under the L&TFL Employee Stock Option Scheme – 2013. The newly allotted shares will rank pari-passu with existing equity shares and be eligible for future dividend declarations. The company has duly informed stock exchanges about this development in compliance with SEBI listing regulations.
27Feb 26
L&T Finance Awaits MSCI February Rejig with Expected USD 245M Inclusion
L&T Finance awaits the MSCI February rejig announcement scheduled for today at 3pm, with expectations of inclusion worth USD 245M (Rs 22.3B). This potential MSCI index inclusion could attract increased institutional investor interest and enhance the company's market visibility among global investors.
24Feb 26
L&T Finance Limited Exercises Call Option on Rs 30 Crore Non-Convertible Debentures
L&T Finance Limited has announced the exercise of call option on subordinated perpetual tier-I debt instruments worth Rs 30 crores, originally issued by L&T Infrastructure Finance Company Limited in 2016. The redemption is scheduled for March 30, 2026, with a record date of March 13, 2026, following RBI approval. The 300 debentures carry a face value of Rs 10 lakh each with an annual coupon rate of 9.50%.
23Feb 26
L&T Finance CHRO Nilesh Dange Transfers to Parent Company Role
L&T Finance Limited announced the internal group transfer of Chief Human Resources Officer Nilesh Dange to Larsen & Toubro Limited as Head – Human Resources, effective April 1, 2026. The company disclosed this senior management change to stock exchanges in compliance with SEBI listing regulations, with the transition representing a strategic internal movement within the L&T group structure.
13Feb 26
L&T Finance Limited Exercises Call Option on ₹50 Crore Non-Convertible Debentures for March 2026 Redemption
L&T Finance Limited has announced the exercise of call option on ₹50 crore subordinated perpetual debt instruments, with redemption scheduled for March 18, 2026. The debentures, originally issued in March 2016 with a 9.50% annual coupon rate, received RBI approval for call option exercise on February 12, 2026. The company has set March 02, 2026 as the record date, with debenture holders to receive principal and coupon payments on the redemption date.
01Feb 26
L&T Finance Limited Allots 6,10,900 Equity Shares Under Employee Stock Option Plan
L&T Finance Limited allotted 6,10,900 equity shares under its Employee Stock Option Scheme 2013 on February 01, 2026. The ESOP Allotment Committee approved the allotment through circulation at 4:04 P.M. for employees who exercised their stock options. The newly issued shares will rank pari-passu with existing equity shares and be entitled to future dividends. The company has duly informed stock exchanges NSE and BSE in compliance with SEBI listing regulations.
28Jan 26
L&T Executive Reports Growth in Domestic Orders During Q3 Amid Rising Private Sector Demand
L&T reported growth in domestic orders during Q3, driven by rising private sector demand. Company executives highlighted the positive trend in domestic operations, reflecting improved market conditions and increased business activity from private sector clients.
28Jan 26
L&T Executive Confirms 4 Out of 5 Kuwait Projects on Hold, Expects No Order Book Impact
L&T executive confirms that 4 out of 5 projects in Kuwait are currently on hold but assures no impact on the company's order book. The management remains optimistic about restarting these suspended projects within the current year, viewing the delays as temporary operational challenges rather than permanent setbacks.
28Jan 26
L&T Executive Expresses Confidence in Exceeding FY26 Order Targets
L&T executive has expressed confidence in the company's ability to surpass its FY26 order book targets, reflecting strong business prospects and operational readiness. The statement indicates positive momentum for the firm's growth trajectory and suggests robust strategies for order acquisition and project execution in the upcoming financial year.
28Jan 26
L&T Secures Major Contract Worth Between ₹50 Billion And ₹100 Billion
L&T has secured a major contract worth between ₹50 billion and ₹100 billion. This significant contract win represents a substantial business development for the engineering and construction major. The contract award demonstrates L&T's competitive positioning and ability to secure large-scale projects in the infrastructure sector.
27Jan 26
L&T Finance Reports Record Q3FY26 Performance with PAT of ₹739 Cr and Retail Disbursements of ₹22,701 Cr
L&T Finance delivered record Q3FY26 performance with highest ever quarterly core PAT of ₹760 Cr (up 21% YoY) and retail disbursements of ₹22,701 Cr (up 49% YoY). Credit costs improved to 2.83% with microfinance collection efficiency reaching 99.70%. All business segments showed strong growth, with Gold Loans up 43% QoQ and Personal Loans growing 118% YoY, supported by digital initiatives and favorable macroeconomic conditions.
21Jan 26
L&T Plans ₹10,000 Crore Data Centre Expansion to Challenge Industry Giants
L&T has announced a ₹10,000 crore investment to expand its data centre capacity from 32MW to 200MW by 2030, leveraging integrated capabilities through subsidiaries LTIMindtree and LTTS. The company is constructing a 40MW facility in Navi Mumbai and targeting 75% renewable energy usage while competing with larger investments from Tata, Adani, and Reliance in the AI data centre market.
20Jan 26
L&T Finance Sets ROA Target of 2.8-3% by Q4 FY27 Under Lakshya 2026 Strategic Plan
L&T Finance has announced its Lakshya 2026 strategic goals, targeting a return on assets of 2.8% to 3% by Q4 FY27 while maintaining net interest margin plus fees between 10% and 10.5%. These targets reflect the company's focus on optimizing asset utilization and maintaining sustainable profitability margins under its comprehensive strategic framework.
19Jan 26
L&T Finance Q3FY26: Net Profit Surges 18% to ₹738 Crores, Book Size Grows 11% YoY
L&T Finance delivered robust Q3FY26 performance with net profit surging 18% to ₹738.61 crores and revenue growing 11.4% to ₹4,240.07 crores. The company's book size expanded to ₹16,671 crores, showing 11% YoY and 5% QoQ growth, benefiting from positive GST collections and favorable monsoon conditions that boosted festival demand across key segments.
19Jan 26
L&T Finance Activates Cyclops System, Targets 330+ Gold Loan Branches by FY26
L&T Finance has confirmed the activation of its Cyclops system in the personal loans business, with complete rollout expected by end of Q4 FY26. Alongside this technological advancement, the company continues its ambitious plan to establish over 330 gold loan branches by FY26, showcasing a dual strategy of digital transformation and physical expansion across different lending segments.
19Jan 26
L&T Finance Q3: Strong Profit Growth Overshadowed by Asset Quality Concerns
L&T Finance delivered robust Q3FY26 financial performance with profit rising 17.9% YoY to ₹738.60 crores, driven by strong retail business expansion and 13.4% growth in net interest income. However, the positive results were tempered by IIFL's concerns over deteriorating asset quality, with credit costs increasing approximately 45 basis points quarter-on-quarter to 2.9%, prompting analyst disappointment despite the company's continued retail focus and strategic acquisitions.
19Jan 26
L&T Finance Sees ₹15.94 Crore Block Trade on NSE at ₹290 Per Share
L&T Finance Limited recorded a major block trade on NSE worth ₹15.94 crores, involving 549,592 shares at ₹290.00 per share. The transaction indicates significant institutional activity and demonstrates market liquidity in the financial services company's shares.
16Jan 26
L&T Secures Major Contract Worth ₹25-50 Billion
L&T has secured a major contract valued between ₹25 billion to ₹50 billion. This large contract represents a significant business development for the engineering and construction company, potentially contributing substantially to its order book and future revenue streams.
14Jan 26
L&T Wins Major Contract Worth ₹25-50 Billion
Larsen & Toubro has successfully won a large contract valued between ₹25 billion and ₹50 billion. This major contract acquisition represents a significant business development for the engineering conglomerate, adding substantial value to its project portfolio and order book. The contract win demonstrates L&T's competitive strength in securing high-value projects and reinforces its market position in the engineering and construction sector.
13Jan 26
L&T Secures Major Contract Worth ₹10,000-25,000 Crores
L&T has secured a major contract valued between ₹10,000 to ₹25,000 crores, representing a significant addition to its order book. This substantial contract win demonstrates the company's continued business momentum and competitive positioning in the engineering and construction sector, reinforcing its market leadership in large-scale infrastructure projects.
13Jan 26
Kuwait Considering Cancellation of $8.7 Billion Oil Project Tenders, Plans Rebidding Process
Kuwait is considering cancelling oil project tenders worth $8.7 billion and plans to initiate a rebidding process, as reported by CNBC TV18. This development could impact various contractors and companies involved in Kuwait's oil sector infrastructure projects, while reflecting the country's approach to optimizing procurement processes for major energy infrastructure developments.
13Jan 26
Macquarie Maintains Outperform Rating on L&T with Target Price of ₹4,620
Macquarie has assigned an Outperform rating to Larsen & Toubro with a target price of ₹4,620. The rating reflects the brokerage's positive outlook on the engineering and construction company's prospects and suggests expectations of above-market returns.
09Jan 26
Easing China Curbs on Government Tenders: Minimal Impact Expected on L&T, Negative for Transformer Sector
The Ministry of Finance is considering removing restrictions on Chinese firms bidding for government contracts, potentially affecting various sectors differently. JM Financial analyst expects minimal impact on infrastructure giants like L&T and KEC International, but anticipates negative effects on transformer companies due to supply shortages and pricing concerns. The restrictions, in place since 2020, had barred Chinese firms from contracts worth $700-750 billion following border tensions.
08Jan 26
L&T Finance Limited Schedules Conference Call for January 19, 2026 to Discuss Q3FY2025-26 Results
L&T Finance Limited has scheduled a conference call for January 19, 2026 at 11:00 AM IST to discuss Q3FY2025-26 financial performance and strategy update with investors and analysts. The company has provided multiple dial-in options including international toll-free numbers and pre-registration facility. Post-call materials including presentation, audio recording, and transcript will be available on the company's investor website, ensuring comprehensive information access for all stakeholders.
06Jan 26
L&T Finance Q3 retail disbursements surge 49% YoY, stock jumps 132% in 2025
L&T Finance delivered exceptional Q3FY26 performance with retail disbursements reaching ₹22,690 crores, marking 49% year-on-year growth across all business segments. The company's retail loan book expanded 21% to ₹1.12 trillion while retailisation improved to 98%, demonstrating strong momentum in its retail-focused strategy and positioning for continued growth.
05Jan 26
L&T Finance Estimates Retail Loan Book To Reach ₹1.12 Trillion By End Of Q3 FY2025-26
L&T Finance has estimated that its retail loan book will reach ₹1.12 trillion by the end of Q3 FY2025-26. This projection reflects the company's growth expectations in the retail lending segment and indicates its strategic focus on expanding its retail loan portfolio over the specified timeframe.
05Jan 26
L&T Finance Records ₹16.05 Crore Block Trade on NSE at ₹319.20 Per Share
L&T Finance Limited recorded a significant block trade on NSE worth ₹16.05 crores involving 502,796 shares at ₹319.20 per share. The substantial transaction indicates active institutional participation and represents notable capital movement in the stock. Such block deals typically signal institutional confidence and are closely watched by market participants for insights into investment patterns.
03Jan 26
L&T Finance Allots 3.49 Lakh Equity Shares Under Employee Stock Option Scheme
L&T Finance Limited has allotted 3,49,250 equity shares under its Employee Stock Option Scheme-2013, approved by the ESOP Committee through circulation on January 03, 2026. The newly issued shares rank pari-passu with existing equity shares and carry full dividend rights, representing the company's ongoing commitment to employee stock ownership and alignment of employee interests with shareholder value creation.
02Jan 26
L&T Secures Major Contract Worth ₹50-100 Billion
Larsen & Toubro has secured a major contract worth ₹50-100 billion, representing a significant business win for the engineering and construction company. This substantial contract addition strengthens L&T's order book and demonstrates its competitive capabilities in the market.
31Dec 25
L&T Finance Completes ₹50 Crore NCD Allotment at 7.75% Coupon Rate
L&T Finance Limited has successfully allotted 50 subordinated non-convertible debentures worth ₹50 crore through private placement on December 31, 2025. The NCDs carry a 7.75% annual coupon rate with first payment due December 31, 2026, and mature on December 31, 2035. Each debenture has a face value of ₹1 crore and will be listed on NSE's NTRP platform, supporting the company's Tier II capital requirements.
31Dec 25
Morgan Stanley Raises L&T Finance Price Target to ₹160 But Maintains Underweight Rating
Morgan Stanley raised L&T Finance's price target to ₹160.00 from ₹143.00 but maintained its 'Underweight' rating due to valuation and return ratio concerns. The brokerage upgraded FY26-FY28 EPS estimates by 4.00-4.30% based on improved margins and cost control, raising NIM assumptions to 9.00% from 8.90%. Despite improvements, Morgan Stanley remains cautious about the slowing microfinance credit cycle and expects retail loan growth of around 20.00% CAGR over FY25-FY28, lower than previous expansion phases.
29Dec 25
L&T Secures Major Contract Worth ₹10-25 Billion
L&T Finance has announced winning a significant contract valued between ₹10 billion and ₹25 billion. This contract represents a substantial addition to the company's project portfolio and demonstrates its continued capability to secure large-scale projects. The contract win strengthens L&T Finance's order book position and showcases its competitive edge in the engineering and construction sector.
24Dec 25
L&T Wins Major Contract Worth ₹1,000-2,500 Crores
L&T has announced winning a major contract worth ₹1,000-2,500 crores, marking a significant business development for the engineering and construction conglomerate. This contract win strengthens L&T's order book and demonstrates the company's competitive capabilities in securing large-scale projects, providing enhanced revenue visibility and positive business growth prospects.
17Dec 25
L&T Secures Major Contract Worth ₹25-50 Billion
L&T Finance has announced winning a significant contract valued between ₹25.00 billion to ₹50.00 billion. This large-scale project is expected to substantially boost L&T's order book and demonstrates the company's strong position in securing major contracts in the engineering and construction sector.
17Dec 25
Citi Maintains Buy Rating on L&T Finance with Target Price of ₹330
Citigroup has reaffirmed its Buy rating for L&T Finance, maintaining a target price of ₹330. This decision reflects the global brokerage's continued confidence in the large-cap financial services company's growth potential and business prospects. The maintained rating and target price serve as a positive signal for investors regarding L&T Finance's market position and future outlook.
12Dec 25
L&T Finance Receives ESG Score of 75 from NSE Sustainability Unit
L&T Finance has received an Environment Social Governance (ESG) score of 75 from NSE Sustainability Ratings Analytics Ltd, a SEBI-registered Category I ESG rating provider. The rating was received on December 12, 2025, at 11:30 A.M. (IST). This disclosure was made in compliance with SEBI regulations, and the score has been published on NSE Sustainability's website for stakeholder access.
14Nov 25
L&T Finance Unveils AI-Powered Credit Engine, Reports Surge in Rural Disbursements
L&T Finance showcased its AI-based underwriting engine, Project Cyclops, and portfolio management system, Project Nostradamus, at its Investor Digital Day. The company reported a 42% year-on-year increase in rural business finance disbursements to Rs 2,160 crores in October. L&T Finance achieved a milestone by crossing Rs 8,000 crores in monthly disbursements, attributed to widespread technology adoption and robust demand in the wheels segment during the festival season.
06Nov 25
L&T Finance Achieves 98% Retailization, Drives Growth Through Digital Partnerships and AI Innovation
L&T Finance (LTF) has reached 98% retailization of its portfolio, marking a significant shift towards retail financial services. The company reported a 39% year-over-year growth in disbursements, driven by digital partnerships. LTF plans to open 200 gold loan branches by FY2026, diversifying its product offerings. The company has implemented AI-based credit models 'Cyclops' for underwriting and 'Nostradamus' for risk analytics. LTF aims to maintain a 2.4% Return on Assets and is focusing on technology-led scalability, organizational culture transformation, and accelerated growth. An investor presentation detailing the company's tech vision and execution roadmap has been submitted to stock exchanges.
31Oct 25
L&T Finance Boosts Employee Ownership with 6.15 Lakh Equity Share Allotment
L&T Finance Limited has allotted 6,15,531 equity shares under its Employee Stock Option Scheme (ESOP) on October 31, 2025. The allotment was made under the L&TFL Employee Stock Option Scheme - 2013 and approved by the ESOP Allotment Committee at 3:34 PM. These new shares will rank pari-passu with existing equity shares and be eligible for future dividends.
28Oct 25
L&T Finance Sees Significant Block Trade Worth Rs. 172.94 Crores on NSE
L&T Finance experienced a significant block trade on the National Stock Exchange (NSE), involving 6,434,576 shares valued at Rs. 172.94 crores, with shares trading at Rs. 268.76 per share. The company recently reported a consolidated Profit After Tax of Rs. 735 crores, showing 6% year-on-year growth. L&T Finance's retail book crossed Rs. 1 lakh crore, reflecting an 18% year-on-year growth. The company is focusing on its 'retailisation' strategy, with 98% of its portfolio now comprising retail assets, and is investing in AI-powered technology initiatives for underwriting and portfolio management.
27Oct 25
L&T Finance Reports 6% YoY Growth in Q2FY26 PAT, Retail Book Crosses Rs 1 Lakh Crore Milestone
L&T Finance posted robust Q2FY26 results with PAT reaching Rs 735 crore, up 6% YoY. The retail book crossed Rs 1 lakh crore, growing 18% YoY. Record quarterly disbursements of Rs 18,896 crore were achieved, up 25% YoY. Personal loans saw a 114% YoY growth in disbursements. The company's AI-powered underwriting engine now covers 100% of Two-Wheeler, Farm Equipment, and SME businesses. Credit costs improved to 2.98%. The company maintains its AUM growth guidance of 20-25% and targets a 2% credit cost trajectory over the medium term.
15Oct 25
L&T Finance Reports Robust Q2 Results with 6% YoY PAT Growth
L&T Finance Limited (LTF) announced strong Q2 results with a record PAT of ₹735 Crore, up 6% YoY. The company's retail book surpassed ₹1 lakh Crore, reaching ₹1,04,607 Crore with 18% YoY growth. Retail disbursements hit a Q2 high of ₹18,883 Crore, up 25% YoY. Asset quality remained stable with Gross Stage 3 at 3.29% and Net Stage 3 at 1.00%. LTF saw growth across most business segments, with Personal Loans showing a remarkable 114% YoY increase in disbursements. The company also received an international credit rating upgrade from S&P Global Ratings and continued its digital transformation efforts.
15Oct 25
L&T Finance Reports 5.4% Rise in Q2 Net Profit, Revenue Grows 7.8% with Record Retail Loans
L&T Finance reported a 5.4% increase in Q2 consolidated net profit to 7.34 billion rupees. Revenue grew by 7.8% to 43.35 billion rupees. The company achieved record retail loans of 188.83 billion rupees, a 25% year-over-year increase. L&T Finance plans to open 200 more branches by FY26, targeting 330 gold loan branches. An executive expressed optimism about accelerated growth in H2 due to expected festive demand and GST 2.0 changes.
10Oct 25
L&T Finance Raises Rs 1,050 Crores Through Non-Convertible Debentures
L&T Finance Limited has successfully raised Rs 1,050 crores by issuing non-convertible debentures (NCDs). The company issued 105,000 NCDs with a face value of Rs 1,00,000 each. The NCDs carry a coupon rate of 7.2190% per annum with a tenor of 1,127 days. The allotment date is set for October 10, 2025, with maturity on November 10, 2028. The debentures are secured by an exclusive first ranking charge through hypothecation over identified fixed deposits and standard receivables. The NCDs will be listed on the National Stock Exchange of India Limited (NSE) under the New Debt Market segment.
06Oct 25
L&T Finance Reports Robust 25% Growth in Q2 Retail Disbursements
L&T Finance announced significant growth in its retail business for Q2. Retail disbursements reached ₹18,850.00 crore, marking a 25% year-on-year increase. The company's retail loan book expanded to ₹1,04,500.00 crore, showing a 17% growth compared to the previous year. This performance indicates strong consumer credit demand and effective market penetration strategies by L&T Finance.
03Oct 25
L&T Finance Projects 25% Growth in Retail Disbursements for Q2
L&T Finance anticipates significant growth in Q2, with retail disbursements expected to reach ₹18,850.00 crores, a 25% year-on-year increase. The retail loan book is projected to grow to ₹1,04,500.00 crores, up 17% year-on-year. Urban Finance is expected to lead disbursements at ₹8,140.00 crores, followed by Rural Business Finance at ₹6,310.00 crores. The company's retailisation percentage is estimated to increase to 98% from 96% in the previous year.
26Sept 25
L&T Finance Sees Block Trade Worth Rs. 54.21 Crores on NSE
L&T Finance experienced a significant block trade on the NSE involving 2,244,014 shares at Rs. 241.56 per share, totaling Rs. 54.21 crores. The company also announced the closure of its trading window for insiders from October 1, 2025, until 48 hours after the approval and filing of its unaudited financial results for Q2 and H1 ending September 30, 2025, in compliance with SEBI regulations.
29Aug 25
L&T Finance Hits All-Time High, Analysts Anticipate Further Gains
L&T Finance's stock price reached a new record high in August, drawing attention from market participants. Technical analysts are optimistic about the stock's future performance, citing a breakout from a Cup & Handle formation in June. Some experts advise a bullish stance for short-term traders, setting a target price of Rs 258.00. The stock has maintained its position above the pattern's neckline, indicating sustained buying interest.
29Aug 25
L&T Finance Shares Worth Rs. 70.93 Crores Traded in NSE Block Deal
L&T Finance witnessed a significant block trade on the National Stock Exchange (NSE) involving 3,243,635 shares at Rs. 218.67 per share, totaling Rs. 70.93 crores. The large-scale transaction indicates continued interest in L&T Finance's stock among institutional investors and large traders. While the identities of the buyers and sellers remain undisclosed, the trade's magnitude suggests institutional involvement.
21Aug 25
L&T Finance Expands Digital Reach: Partners with Google Pay for Personal Loans
L&T Finance has announced a strategic partnership with Google Pay, allowing eligible users to apply for personal loans directly through the Google Pay app. This collaboration is part of L&T Finance's digital expansion strategy, following similar partnerships with PhonePe, CRED, and Amazon Pay. The company's personal loan book has grown by 41% year-on-year to ₹9,383.00 crore, with disbursements increasing by 65% to ₹1,942.00 crore. This partnership aims to streamline the borrowing process and potentially reach a wider customer base.
15Aug 25
L&T Finance Limited Secures Credit Rating Upgrade from S&P Global
S&P Global Ratings has upgraded L&T Finance's long-term issuer credit rating to 'BBB' from 'BBB-' and short-term rating to 'A-2' from 'A-3'. The upgrade is based on India's improved economic conditions, conducive monetary policy, and structural improvements in the financial sector. L&T Finance's stand-alone credit profile was revised to 'bbb-' from 'bb+'. The company's Risk-Adjusted Capital ratio is expected to be 15%-20% over the next two years. The stable outlook reflects L&T Finance's strategic importance within the Larsen & Toubro group.
29Jul 25
L&T Finance Raises Rs 250 Crore Through Non-Convertible Debentures
L&T Finance Limited has successfully raised Rs 250 crore by issuing 25,000 non-convertible debentures (NCDs) with a face value of Rs 1,00,000 each. The NCDs have a coupon rate of 7.1242% per annum, a tenor of 1,154 days, and will mature on September 25, 2028. The debentures are secured by an exclusive first-ranking charge over identified fixed deposits and standard receivables. They will be listed on the National Stock Exchange of India Limited. The first coupon payment is scheduled for September 25, 2025, with subsequent annual payments. In case of payment defaults, an additional 2% interest will apply.
28Jul 25
L&T Finance Reports 10% QoQ Growth in PAT to Rs 701 Cr, Achieves Highest-Ever Book of Rs 1.02 Lakh Crore
L&T Finance reported a robust Q2 performance with PAT reaching Rs 701.00 crore, up 10% QoQ and 2% YoY. The consolidated book hit a record high of Rs 1,02,314.00 crore, with RoA improving to 2.37%. Retail disbursements grew 18% YoY to Rs 17,522.00 crore, driven by strong performance across segments. The company completed the acquisition of Paul Merchants Finance's gold loan business, adding 130 branches and a Rs 1,300.00 crore book. Project Cyclops, the AI-ML credit underwriting engine, showed promising results in Two Wheeler Finance. L&T Finance also received its first international credit ratings from S&P Global and Fitch.
25Jul 25
L&T Finance Shares Worth Rs. 58.29 Crores Change Hands in NSE Block Deal
L&T Finance experienced a significant block deal on the National Stock Exchange (NSE). The transaction involved 2,853,979 shares, valued at Rs. 58.29 crores, with shares traded at Rs. 204.25 each. This large-scale trade, typically executed by institutional investors or major shareholders, has drawn market attention due to its potential impact on stock performance and market sentiment.
22Jul 25
L&T Finance to Redeem Rs 150 Crore Perpetual Debt Instruments
L&T Finance Limited announces plans to exercise call option on Rs 150 crore Subordinated Perpetual Tier-I Debt instruments issued in August 2015. Redemption of 1,500 non-convertible debentures, each with a face value of Rs 10 lakh, is scheduled for August 26, 2025, following RBI approval. The instruments carry a 9.90% annual coupon rate. Originally issued by L&T Infrastructure Finance Company Limited, these were transferred to L&T Finance post-merger in 2021. The company is notifying debenture holders and has informed stock exchanges about this decision.
19Jul 25
L&T Finance Receives Investment Grade International Credit Ratings from S&P and Fitch
L&T Finance Limited (LTF) has been assigned its first international credit ratings by S&P Global Ratings and Fitch Ratings. S&P assigned LTF a 'BBB-' long-term and 'A-3' short-term issuer credit rating with a positive outlook. Fitch assigned a 'BBB-' Long-Term Foreign- and Local-Currency Issuer Default Rating with a stable outlook. Both agencies highlighted LTF's strategic importance to parent company Larsen & Toubro (L&T), which holds a 66.24% stake. The ratings reflect expectations of ongoing support from L&T and LTF's strong market position as one of India's largest non-bank financial institutions. LTF's loan book stands at INR 977.60 billion, with 97% in the retail segment across various sectors including rural business finance, home loans, and two-wheeler finance.
18Jul 25
L&T Finance Secures Investment Grade 'BBB-' Ratings from S&P and Fitch
L&T Finance Limited (LTF) has received its first investment grade credit ratings from S&P Global Ratings and Fitch Ratings, both assigning a 'BBB-' long-term issuer credit rating. S&P gave a positive outlook, while Fitch assigned a stable outlook. The ratings are based on LTF's strong association with parent company Larsen & Toubro (L&T), strategic importance to L&T, strong capitalization, and improved risk profile. LTF's total loan book stands at INR 977.60 billion, with 97% focused on retail segments. The ratings are expected to enhance LTF's access to global capital markets and potentially lower borrowing costs.
04Jul 25
L&T Finance: Retail Loan Book Surges 18% in Q1, Urban Finance Leads Growth
L&T Finance's retail loan book grew 18% year-on-year to Rs 99,800.00 crore in Q1. Urban finance led disbursements at Rs 6,850.00 crore. The retail portfolio now comprises 98% of the total loan book, up from 95% last year. SME and Farmer Finance segments showed growth, while Rural Business Finance declined.
03Jul 25
L&T Finance: Retail Loan Book Surges 18% in Q1, Urban Finance Leads Growth
L&T Finance has achieved 98% retailisation, up from 95% last year. The company's retail loan book grew by 18% year-on-year to Rs 99,800.00 crore. Urban finance led retail disbursements at Rs 6,850.00 crore. While SME and farmer finance segments showed growth, rural business finance declined.
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