L&T Finance Limited

NBFC providing loans for two-wheelers, cars, and mid-corporate businesses since 1993.

1993 | 24 Parganas, West Bengal (India) | Merged
Last Updated: January 16, 2025

L&T Finance Profile

Key Indicators

  • Authorised Capital ₹ 4,886.31 Cr
  • Paid Up Capital ₹ 2,864.17 Cr
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 81,656.15 Cr
  • Revenue Growth 10.06%
  • Profit Growth -162.51%
  • Ebitda -19.77%
  • Net Worth 9.24%
  • Total Assets 3.64%

About L&T Finance

L&T Finance Limited (LFL) is Amalgamated company established on 24 Nov 1993 with its office registered at 24 Parganas, West Bengal, India and has been running since 31 Year, 2 Months with a paid up capital of 2,864.17 Cr. According to MCA records, 6 Directors and 1 Signatories are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ltfs.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910WB1993FLC060810

  • Company No.

    060810

  • Company Classification

    Public Limited Foreign Company Incorporated In India

  • Incorporation Date

    24 Nov 1993

  • Date of AGM

    03 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

What products or services does L&T Finance Limited offer?

L&T Finance Limited offers a wide range of products and services, including IT Solutions, Stock Trading/Money Market, Share Trading Services, Mobile Communication Services, Mobile Solution Services, IT Security Service, Data Security Service.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Keshav Loyalka CFO20-Oct-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Thomas Thumpeparambil Country flag representing In Director 12-Apr-2021Current
Sachinn Joshi Country flag representing In Whole-Time Director 08-Oct-2021Current
Rajani Gupte Country flag representing In Director 20-Mar-2015Current
Pradeep Bhide Country flag representing In Director 18-Mar-2017Current
Nishi Vasudeva Country flag representing In Director 12-Apr-2021Current
Dinanath Dubhashi Country flag representing In Director 31-Dec-2012Current

Financial Performance of L&T Finance.

L&T Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.06% increase. The company also saw a substantial fall in profitability, with a 162.51% decrease in profit. The company's net worth moved up by a moderate rise of 9.24%.

Graph illustrating revenue growth over time
Graph showing 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
10.06%
Revenue from Operations
9.15%
Total Assets
3.64%
Profit or Loss
-162.51%
Net Worth
9.24%
EBITDA
-19.77%

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

In 2023, L&T Finance had a promoter holding of 100.00%. The company had 3 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

₹0

Satisfied Charges

₹81,656.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 27753.47 Cr
  • Idbi Trusteeship Services Limited : 19363.68 Cr
  • Hdfc Bank Limited : 6858.40 Cr
  • State Bank Of India : 6700.00 Cr
  • Bank Of India : 2050.00 Cr
  • Others : 18930.61 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jan 2022Others₹200.00 CrSatisfied
27 Dec 2021The South Indian Bank Limited₹150.00 CrSatisfied
27 Sep 2021Citi Bank N.A.₹400.00 CrSatisfied
23 Sep 2021Others₹150.00 CrSatisfied
22 Sep 2021Karnataka Bank Ltd.₹200.00 CrSatisfied

How Many Employees Work at L&T Finance?

Unlock and access historical data on people associated with L&T Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

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 registered on 22 Dec 2020 via Charge ID 100441699 with Idbi Trusteeship Services Limited was fully satisfied on 22 Jan 2024.

    22 Jan 2024

  • Charges

    A charge registered on 21 Jan 2022 via Charge ID 100529687 with Others was fully satisfied on 19 Jan 2024.

    19 Jan 2024

  • Charges

    A charge registered on 31 Aug 2021 via Charge ID 100476095 with Others was fully satisfied on 19 Jan 2024.

    19 Jan 2024

  • Charges

    A charge registered on 09 Jul 2021 via Charge ID 100461744 with Others was fully satisfied on 19 Jan 2024.

    19 Jan 2024

  • Charges

    A charge registered on 31 Mar 2021 via Charge ID 100437654 with Others was fully satisfied on 19 Jan 2024.

    19 Jan 2024

  • Charges

    A charge registered on 12 Jun 2020 via Charge ID 100342474 with Others was fully satisfied on 19 Jan 2024.

    19 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • L&T Finance Limited was incorporated on 24 Nov 1993.

  • The authorized share capital of L&T Finance Limited is ₹ 4,886.31 Cr and paid-up capital is ₹ 2,864.17 Cr.

  • Currently 7 directors are associated with L&T Finance Limited.

    • Sachinn Roopnarayan Joshi
    • Thomas Mathew Thumpeparambil
    • Nishi Vasudeva
    • Rajani Rajiv Gupte
    • Pradeep Vasudeo Bhide
    • Dinanath Mohandas Dubhashi
    • Keshav Kant Loyalka
  • As per Ministry of Corporate Affairs (Mca), the registered address of L&T Finance Limited is 15Th Floor Ps Srijan Tech Park Plot No 52 Block Dn Sector-V Salt Lake City, India, Kolkata, West Bengal, 700091.

  • The corporate identification number (CIN) of L&T Finance Limited is U65910WB1993FLC060810 and the company number is 060810 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for L&T Finance Limited has risen by 10.06%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of L&T Finance Limited has experienced an upsurge of 9.24%.

  • The most recent Balance Sheet for L&T Finance Limited was filed with the ROC on 31 Mar 2023.

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