L&T Finance Limited

Financial services company offering products and services in various sectors, including mutual funds and investment management.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated:

L&T Finance Profile

Key Indicators

  • Authorised Capital ₹ 16,886.56 Cr
  • Paid Up Capital ₹ 2,494.27 Cr
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 97,720.38 Cr
  • Satisfied Charges ₹ 19,674.35 Cr
  • Revenue Growth 2.73%
  • Profit Growth 1078.80%
  • Ebitda 858.80%
  • Net Worth 22.02%
  • Total Assets 21.22%

About L&T Finance

L&T Finance Limited (LFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 May 2008 and has a history of 16 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533519 and on the National Stock Exchange(NSE) under L&TFH.

The Corporate was formerly known as L&T Capital Holdings Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 16,886.56 Cr and a paid-up capital of Rs 2,494.27 Cr.

The company currently has active open charges totaling ₹97,720.38 Cr. The company has closed loans amounting to ₹19,674.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at L&T Finance Limited India are Apurva Rathod as COMPANY SECRETARY and Sachinn Joshi as Cfo. Ramamurthi Raman, Thomas Thumpeparambil, Nishi Vasudeva, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ltfs.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L67120MH2008PLC181833

  • Company No.

    181833

  • Stock Symbol

    BSE : 533519 NSE : L&TFH

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 May 2008

  • Date of AGM

    25 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at L&T Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Sachinn Joshi Country flag representing In CFO26-Oct-2015Current
Apurva Rathod Country flag representing In Company Secretary26-Oct-2016Current
Sudipta Roy Country flag representing In Managing Director16-Feb-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Thomas Thumpeparambil Country flag representing In Director 23-Jul-2015Current
Rahavan Seetharaman Country flag representing In Director 20-Feb-2024Current
Ramamurthi Raman Country flag representing In Director 01-May-2008Current
Rajani Gupte Country flag representing In Director 28-Jun-2018Current
Nishi Vasudeva Country flag representing In Director 20-Mar-2024Current
Sekharipuram Subrahmanyan Country flag representing In Director 28-Feb-2022Current

Financial Performance of L&T Finance.

L&T Finance Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.73% increase. The company also saw a substantial improvement in profitability, with a 1078.8% increase in profit. The company's net worth Soared by an impressive increase of 22.02%.

L&T Finance revenue growth over time
L&T Finance profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
2.73%
Revenue from Operations
3.43%
Total Assets
21.22%
Profit or Loss
1078.80%
Net Worth
22.02%
EBITDA
858.80%

What is the Ownership and Shareholding Structure of L&T Finance?

In 2023, L&T Finance had a promoter holding of 66.11% and a public holding of 33.89%. The company had 7 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹97,720.38 Cr

Satisfied Charges

₹19,674.35 Cr

Charges Breakdown by Lending Institutions

  • Others : 65245.31 Cr
  • Axis Bank Limited : 9344.00 Cr
  • Idbi Trusteeship Services Limited : 5331.07 Cr
  • Yes Bank Limited : 4800.00 Cr
  • Sidbi : 4700.00 Cr
  • Others : 8300.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2024Others₹300.00 CrOpen
24 Oct 2024Others₹1,259.78 CrOpen
10 Oct 2024Hdfc Bank Limited₹500.00 CrOpen
04 Oct 2024Idbi Trusteeship Services Limited₹150.00 CrOpen
04 Oct 2024Others₹150.00 CrOpen

How Many Employees Work at L&T Finance?

L&T Finance has a workforce of 624 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for L&T Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of L&T Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped L&T Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on L&T Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 300.00 Cr with Charge ID 100998727 was registered on 28 Oct 2024.

  • Charges

    A charge registered on 26 Aug 2021 via Charge ID 100474245 with Standard Chartered Bank was fully satisfied on 25 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 1,259.78 Cr with Charge ID 100995175 was registered on 24 Oct 2024.

  • Charges

    A charge with Others of Rs. 1,259.78 Cr registered on 24 Oct 2024 with Charge ID 100995175 was modified on 24 Oct 2024.

  • Charges

    A charge registered on 03 Dec 2021 via Charge ID 100509293 with Others was fully satisfied on 24 Oct 2024.

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 11 Dec 2020 with Charge ID 100410539 was modified on 24 Oct 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of L&T Finance Limited?

    L&T Finance Limited was incorporated on 01 May 2008.

  • What is authorized share capital and paid-up capital of L&T Finance Limited?

    The authorized share capital of L&T Finance Limited is ₹ 16,886.56 Cr and paid-up capital is ₹ 2,494.27 Cr.

  • Who are the current board members & directors of L&T Finance Limited?

    Currently 9 directors are associated with L&T Finance Limited.

    • Ramamurthi Shankar Raman
    • Thomas Mathew Thumpeparambil
    • Nishi Vasudeva
    • Apurva Rathod
    • Sachinn Roopnarayan Joshi
    • Sudipta Roy
    • Rajani Rajiv Gupte
    • Sekharipuram Narayanan Subrahmanyan
    • Rahavan Seetharaman

  • What is the registered address of L&T Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of L&T Finance Limited is Brindavan Plot No. 177 C.S.T Road Kalina Santacruz (East), India, Mumbai, Maharashtra, 400098.

  • What is the corporate identification number (CIN) and company number of L&T Finance Limited?

    The corporate identification number (CIN) of L&T Finance Limited is L67120MH2008PLC181833 and the company number is 181833 as per Ministry of Corporate Affairs (MCA).

  • Is L&T Finance Limited registered with any stock exchange in India?

    Yes, L&T Finance Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): L&TFH.

  • What is the official website of L&T Finance Limited?

    The Official website of L&T Finance Limited is https://www.ltfs.com

  • What has been the recent revenue trend for L&T Finance Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for L&T Finance Limited has risen by 2.73%.

  • How many employees does L&T Finance Limited currently have?

    As Per 2023 financial reports, 624 employees are currently employed by L&T Finance Limited.

  • What change has been observed in the net worth of L&T Finance Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of L&T Finance Limited has experienced an upsurge of 22.02%.

  • What are the total open charges for L&T Finance Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for L&T Finance Limited amount to ₹ 97,720.38 Cr.

  • When was the last Balance Sheet of L&T Finance Limited filed with the ROC?

    The most recent Balance Sheet for L&T Finance Limited was filed with the ROC on 31 Mar 2024.

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