L&T Finance Profile
Key Indicators
- Authorised Capital ₹ 16,886.56 Cr
- Paid Up Capital ₹ 2,494.27 Cr
- Company Age 16 Year, 9 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 nine 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
- Social Media
Corporate Identity Details
Industry
Who are the key members and board of directors at L&T Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sachinn Joshi  | CFO | 26-Oct-2015 | Current |
| Apurva Rathod | Company Secretary | 26-Oct-2016 | Current |
| Sudipta Roy | Managing Director | 16-Feb-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Thomas Thumpeparambil | Director | 23-Jul-2015 | Current |
| Rahavan Seetharaman | Director | 20-Feb-2024 | Current |
| Ramamurthi Raman | Director | 01-May-2008 | Current |
| Rajani Gupte | Director | 28-Jun-2018 | Current |
| Nishi Vasudeva | Director | 20-Mar-2024 | Current |
| Sekharipuram Subrahmanyan | Director | 28-Feb-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
L&T Metro Rail (Hyderabad) LimitedRamamurthi Raman and Sekharipuram Subrahmanyan are mutual person
Hcl Technologies LimitedNishi Vasudeva is a mutual person
Epic Concesiones 3 LimitedRamamurthi Raman is a mutual person
Esl Steel LimitedThomas Thumpeparambil is a mutual person
Crisil LimitedNishi Vasudeva is a mutual person
Symbiosis Centre For Entrepreneurship And InnovationRajani Gupte is a mutual person
Charges (Loans)
₹97,720.38 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2024 | Others | ₹300.00 Cr | Open |
| 24 Oct 2024 | Others | ₹1,259.78 Cr | Open |
| 10 Oct 2024 | Hdfc Bank Limited | ₹500.00 Cr | Open |
| 04 Oct 2024 | Idbi Trusteeship Services Limited | ₹150.00 Cr | Open |
| 04 Oct 2024 | Others | ₹150.00 Cr | Open |
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.
Deals i
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
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
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.
