L&T Finance Share Price

L&T Finance Limited, a non-banking financial company, provides various financial products and services in India. It offers housing loans, personal loans, two-wheeler loans, business loans, and professional loans, as well as supply chain financing solutions, rural loans, warehouse receipt finance services, and loans against property.L&T Finance share price on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

The L&T Finance stock price is influenced by various factors such as earnings, asset under management (AUM) growth, asset quality, interest rate movements, and regulatory changes. In the longer run, strategies such as retail loan growth, funding costs, and improvement in digital offerings affect stock market sentiments. All these factors must be closely monitored to have an idea about the L&T Finance stock price movements.

L&T Finance live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of L&T Finance live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the L&T Finance share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

L&T Finance Limited Company Fundamentals

L&T Finance Company Background

L&T Finance Limited (LTF), headquartered in Mumbai, India, is a large NonBanking Financial Company (NBFC) operating under the aegis of the Larsen & Toubro Group, a major Indian conglomerate. As an NBFC, LTF provides a broad range of financial lending solutions that cater to both urban and rural customers, with a focus on diversified credit products such as home loans, personal loans, twowheeler loans, business and SME loans, rural and agricultural loans, and loans against property. Its business model emphasises financial inclusion by addressing the credit needs of underserved and marginalised segments of society. LTF has been assigned the highest credit rating ‘AAA’ by four leading rating agencies, reflecting strong creditworthiness and risk management. The company has also received high ESG (Environmental, Social, and Governance) ratings, indicating a focus on sustainability and governance standards. Over the years, LTF has expanded its footprint across India through an extensive branch network and a growing digital platform to enhance accessibility to its services. Its retail lending strategy aims to sustain growth and deepen market penetration in both metropolitan and semiurban/rural regions, aligning with its strategic objectives and industry dynamics.

L&T Finance Company Product Lines

• Home Loans & Housing Finance – Includes traditional home loans, balance transfer, topup, home decor finance, and loans against property (LAP).
• Personal Loans – Unsecured loans for a variety of personal needs such as weddings, education, travel, and medical expenses.
• TwoWheeler Loans – Financing solutions for both conventional and electric twowheelers with flexible tenures.
• SME & Business Loans – Credit offerings for small and medium enterprises, including overdraft facilities and professional loans.
• Rural & Group Loans – Groupbased rural financing under schemes like Vikaas, Vishwas and Pragati, focusing on financial inclusion in villages.
• Farmer & Agricultural Loans – Tractor loans, agriimplement loans, warehouse receipt finance, and refinance loans supporting agricultural activities.
• Gold Loans – Secured loans against gold jewellery through products like Sampati, Saraswati, Sugam and Shubh loans.

L&T Finance Company Revenue Model

• Interest Income from Loans – Primary revenue arises from interest earned on various credit products (home, SME, personal, rural, farm and twowheeler loans).
• Fees & Charges – The company charges processing fees, late payment charges, and other servicerelated fees contributing to noninterest income.
• Loan Servicing & Digital Platforms – Revenues from digital channel services (e.g., PLANET app) that streamline customer onboarding and loan servicing.
• CrossSell of Financial Utilities – Ancillary products like credit score checks, EMI calculators and payment services indirectly support revenue generation.
• Borrowing Spread – Income generated from the spread between funds raised (through debt markets, banks, NCDs, CPs, ICDs) and lending rates.
• Asset Yield Management – Revenue through optimising returns on the loan book and from structured lending portfolios.
• Strategic Capital Transactions – Occasional capital raise mechanisms (e.g., equity issues, preference shares, QIPs) support growth funding and influence financial returns

L&T Finance Geographic Presence

• PanIndia Branch Network – L&T Finance operates through an extensive branch network covering major Indian states and union territories, ensuring financial services reach diverse geographies including urban, semiurban and rural areas.
• Rural and SemiUrban Focus – Special emphasis on rural segments through group loans, microfinance, and agricultural finance products targeting underserved communities.
• Urban Centres & TierII/TierIII Towns – Significant lending activities in metropolitan areas as well as tierII and tierIII cities for products like home loans, SME loans, and personal credit.
• Digital Footprint – Nationwide digital presence via mobile platforms (e.g., PLANET app) enabling remote onboarding, loan tracking and payments.
• Customer Base Across India – A broad customer base spanning urban professionals to rural entrepreneurs, collectively contributing to diversified portfolio growth.

L&T Finance Leadership

Some of the key leaders of L&T Finance Ltd as of February 2026 are:

• Sudipta Roy – Executive Director, Managing Director & Chief Executive Officer
• Sachinn Joshi – Chief Financial Officer
• Apurva Neeraj Rathod – Company Secretary & Compliance Officer
• Raju Dodti – Chief Operating Officer
• Santosh B. Parab – General Manager
• Abhishek Sharma – Chief Executive Officer (SME Finance)
• Sonia Krishnankutty – Chief Executive Officer (Rural Finance)
• Asheesh Goel – Chief Executive Officer (Farmer Finance)
• Kavita Jagtiani – Chief Marketing Officer
• Ramesh Aithal – Chief Digital Officer
• Jinesh Shah – Chief Executive (Urban Secured Assets & 3rd Party Products)
• Debarag Banerjee – Chief AI & Data Officer
• Nilesh Dange – Chief Human Resources Officer
• Sudipta Roy – Managing Director & Chief Executive Officer
• Thomas Mathew T – Independent Director
• Rajani R Gupte – Independent Director
• Nishi Vasudeva – Independent Director
• R Seetharaman – Independent Director
• Apurva Rathod – Company Secretary & Compliance Officer
• S N Subrahmanyan – Chairman (NonExecutive)
• Dhananjaya Arvind Tambe – Independent Director
• R Shankar Raman – NonExecutive Director

L&T Finance Key Milestones

• 2008 (May 1): Company incorporated as L&T Capital Holdings Ltd by Larsen & Toubro Ltd.
• 2008 (May 15): Received Certificate of Commencement of Business.
• 2009 (Mar 31): L&T Finance Ltd and related entities transferred as whollyowned subsidiaries.
• 2010 (Jan 20): Acquisition of L&T Investment Management Ltd and L&T Mutual Fund Trustee Ltd by subsidiary.
• 2010 (Sep 1): Company renamed L&T Finance Holdings Ltd.
• 2011: Total assets crossed ₹20,000 crore and maiden IPO launched.
• 2012: Assets crossed ₹30,000 crore; entered housing finance; microfinance segment started.
• 2013: L&T Capital Markets incorporated for wealth management; preference shares issued.
• 2015: Total assets crossed ₹50,000 crore; raised capital from Bain Capital.
• 2017: Expanded micro loans; mutual funds AUM crossed ₹50,000 crore.
• 2018 (Mar): Promoter share allotment and QIP closure; 1000th micro loan centre opened.
• 2020: Issued CCRPS; subsidiary mergers and debt funding strategies aligned.
• 2021: Subsidiaries merged; NBFC restructuring; retail focus increased.
• 2022: Sold 100% of L&T Investment Management to HSBC Asset Management (India).

Industry Perspective

L&T Finance operates within India’s NonBanking Financial Company (NBFC) sector, a significant part of the country’s financial services ecosystem. NBFCs provide credit and related financial products outside the traditional banking system, focusing on segments such as consumer loans, SME finance, housing finance, and rural credit. The Indian NBFC industry has experienced robust expansion over the past decade, with assets under management (AUM) growing from under ₹2 trillion to around ₹48 trillion by the end of FY25 at a compound annual growth rate (CAGR) of approximately 13.2% from FY19 to FY25. This growth has been supported by increasing demand for credit across retail, MSME and housing segments, as well as regulatory initiatives such as the colending framework facilitating NBFC bank partnerships. Going forward, NBFC credit is forecast to grow at an estimated 15–17% CAGR between FY25 and FY28, underpinned by sustained retail and MSME credit demand. The industry faces challenges including funding costs, asset quality stress in microfinance, and regulatory capital requirements, but remains central to India’s financial inclusion and credit growth agenda.

L&T Finance Limited Stock Market Presence: Listings & Index Representation

L&T Finance Holdings Limited is a well-established entity in the Indian stock market, listed on major exchanges such as NSE (LTF) and BSE (533519). The company’s inclusion in prominent indices such as Nifty 500, Nifty 200, Nifty LargeMidcap 250, Nifty Midcap 100, Nifty Midcap 150, Nifty Alpha 50, NIFTY Midcap150 Momentum 50 Index, Nifty High Beta 50, Nifty MidSmallcap 400, Nifty Financial Services Ex-Bank, Nifty500 LargeMidSmall Equal-Cap Weighted, S&P BSE 500, S&P BSE 400 MidSmallCap Index, and S&P BSE 250 LargeMidCap Index underscores its significance in India’s financial services sector.

The L&T Finance stock price is tracked by retail and institutional investors. Its inclusion in these indices reflects its market capitalisation, regulatory compliance, and scale in retail and wholesale finance. Listing on NSE and BSE ensures liquidity, while its index presence drives institutional holdings and benchmark tracking within the NBFC sector.

L&T Finance Stock Performance and L&T Finance Share Price History

The L&T Finance share price on NSE and BSE reflects its status as a leading diversified NBFC. Performance is driven by AUM growth, net interest margins, asset quality, and capital adequacy under RBI norms. Investors compare L&T Finance share price today with the Nifty Financial Services index and peer NBFCs to gauge relative performance.

These underlying factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements. Broader sector strength has also played a role in supporting the L&T Finance share price. In addition to operational and sector-led factors, corporate actions can also have a significant impact on L&T Finance share price movements short-term even when the company’s fundamentals remain strong. This shows how corporate actions can trigger short-term swings, even within a regulated financial framework influenced by credit cycles and monetary policy.

While short-term movements reflect events and announcements, longer-term valuation trends are visible through L&T Finance share price 52-week high and low, providing context beyond daily or weekly changes. The stock reached a 52-week high of ₹329.45 and a low of ₹131.05. Highs indicate strong investor confidence and robust financial performance, while lows align with market corrections or sector-specific volatility. These levels capture impacts of monetary policy, growth expectations, and asset quality.

L&T Finance’s stock performance reflects the trading behaviour of a large NBFC operating within India’s financial system. The company’s strategic shift towards retail financing, strong parentage, and balanced focus have shaped its L&T Finance share price history. Over time, the stock has shown long-term wealth creation, marked by periods of sharp gains and phases of consolidation.

The L&T Finance stock price has closely followed India’s economic and policy cycles. For instance, the L&T Finance share price delivered a strong return of 97.04% over one year, supported by the company’s successful retail-focused strategy and improving asset quality. Over longer horizons, the L&T Finance stock price has delivered meaningful returns, including gains of 232.02% over five years and 212.93% over three years. These returns highlight a period of transformation and growth aligned with changing business fundamentals.

The L&T Finance share price history shows periods of decline tied to specific challenges. For example, in the calendar year 2024, the stock declined 17.76%, with a significant 26.85% drop in the fourth quarter, influenced by broader market volatility and sector-wide concerns over liquidity. Similarly, in 2020, the stock fell 21.05%, impacted by the COVID-19 pandemic which led to economic disruptions and asset quality apprehensions across the NBFC sector. Earlier, in 2019, the L&T Finance stock price decreased 22.58%, affected by a tight liquidity environment and internal business restructuring efforts.

Conversely, the L&T Finance share price has seen substantial increases during phases of strong execution. The stock rose 132.88% in the calendar year 2025, driven by consistent quarterly growth and improved investor confidence in its retail loan book. It gained 89% in 2023, supported by a 55.85% surge in the second quarter as the company reported robust earnings and a clearer path to reduced wholesale exposure. A notable 108.3% rise occurred in 2012, reflecting positive initial market reception post-listing and strong annual performance.

L&T Finance Limited Investor Relevance and Portfolio Role

L&T Finance is a holding in financial-sector and mid-cap portfolios, offering exposure to retail, corporate, and wealth management financing. Inclusion in indices like Nifty Midcap 150 and Nifty Financial Services Ex-Bank underscores its economic and strategic importance. Its ongoing business transformation and focus on retail lending make it a candidate for strategic allocations within the NBFC space.

L&T Finance equity is held by a broad mix of domestic and international institutional investors, reflecting its position in India’s financial sector. Top institutional stakeholders include Larsen & Toubro Limited, Life Insurance Corporation of India, Mirae Asset Global Investments Co., Ltd., Kotak Mahindra Asset Management Company Limited, Invesco Asset Management (India) Pvt. Ltd., Motilal Oswal Asset Management Company Limited, Tata AIA Life Insurance Company Limited, The Vanguard Group, Inc., Axis Asset Management Company Limited, and L&T Employees Welfare Foundation Trust.

Prominent mutual fund holders include schemes from Mirae Asset, Kotak Mahindra Mutual Fund, Invesco Mutual Fund, Motilal Oswal Mutual Fund, and Axis Mutual Fund. Global funds such as The Vanguard Group also hold stakes. This investor base underscores the stock’s role as a holding in both domestic and global portfolios focused on Indian financial services.

Beyond fundamentals and ownership, L&T Finance’s stock is actively monitored in derivatives markets, where open interest and F&O quotes reflect expectations on AUM growth, margins, and asset quality. Technical indicators such as RSI, MACD, and MFI provide additional insight into short-term momentum shifts in L&T Finance stock price. While primarily used for near-term trading, these tools can also help gauge market sentiment and potential volatility around major events.

L&T Finance’s beta indicates its volatility relative to the market. Historical beta figures show that L&T Finance’s beta has typically stayed above 1.0, indicating higher volatility compared to the broader market. The long-term beta is 1.59. Over different periods, the beta ranges from 1.19 on a daily one-month basis to 1.84 on a monthly two-year basis. Other ranges include 1.38 for daily three-month, 1.64 for weekly one-year, 1.75 for weekly two-year, and 1.67 for a two-week two-year period. This trend highlights the stock’s sensitivity to market swings and sector-specific news, which can influence the L&T Finance share price.

L&T Finance Limited Sectoral Relevance and Peer Positioning

L&T Finance sector relevance stems from its scale in retail, rural, and housing finance, digital adoption, and risk-adjusted profitability, establishing it as a key player in India’s NBFC ecosystem. Peer comparisons with Bajaj Finance, Shriram Finance, Mahindra & Mahindra Financial Services, Cholamandalam Investment and Finance Company, and Poonawalla Fincorp focus on AUM growth, net interest margins, asset quality, and cost of funds rather than short-term stock moves. These benchmarks help investors assess operational scale, efficiency, and market positioning. Institutional tracking of disbursement trends, asset quality, and capital adequacy further highlights L&T Finance’s importance within India’s broader financial markets.

The company’s sectoral importance is also reflected in financial and market metrics that demonstrate its scale, stability, and impact. L&T Finance P/E ratio demonstrates how the market values the company’s earnings relative to its growth trajectory and profitability. The P/E ratio for the latest financial year ending March 2025 was 14.44, a decrease of 14.77% from 16.94 in March 2024. Over the past five years, the P/E has fluctuated, reaching a high of 21.35 in March 2021 and a low of 12.51 in March 2022. The trailing twelve-month P/E stands at 26.38. These movements reflect market valuation adjustments aligned with earnings growth, changing business focus, and broader financial sector trends.

Alongside valuation, L&T Finance EPS highlight operational performance and income generation from its lending and financing activities. Basic EPS increased from ₹3.79 in March 2016 to ₹10.61 in March 2025. This growth was not linear; EPS saw a rise to ₹11.15 in March 2019, a dip to ₹4.49 in March 2021 during a transformation phase, and a steady recovery thereafter. The compound annual growth rate for EPS over five years is 4.58%, and over ten years is 10.24%. These trends correspond to periods of business expansion, strategic shifts, and macroeconomic conditions.

L&T Finance market cap underscores its prominence within India’s financial markets. The market cap was ₹736.08 billion as of February 2026, having increased 103.81% over one year. Since its listing in 2011, the market cap has grown from ₹70.92 billion, a compound annual growth rate of 17.50%. Historically, it reached ₹783.44 billion in December 2025 and saw a significant increase of 90.89% in the calendar year 2023. Its sizeable valuation attracts institutional interest and index-linked investment flows, reinforcing its position within the NBFC segment.

Finally, L&T Finance’s long-term earnings trajectory demonstrates growth through strategic shifts. Net income grew from ₹856.69 crore in March 2016 to ₹2,643.66 crore in March 2025. This journey included a peak of ₹2,232.03 crore in March 2019, a decline to ₹970.94 crore in March 2021 during a period of business consolidation and pandemic impact, followed by a strong recovery. The compound annual growth rate for net income over five years is 9.32%. These trends reflect the company’s execution of its retail-focused strategy and its scaling operations within the competitive NBFC landscape.

Summary

L&T Finance Holdings Limited is a prominent NBFC in India, listed on the NSE and BSE. The L&T Finance share price is influenced by its financial performance, asset quality, and sector trends. Its inclusion in various indices highlights its market significance. The stock has a history of volatility and growth, reflected in its long-term share price movements and key financial metrics like P/E, EPS, and market cap, which are tracked by a diverse base of institutional investors.