What we do L&T Finance Limited offers diversified financial services including rural, housing, wholesale finance, mutual funds, and wealth management, focusing on retail and corporate sectors. |
Founded in 2,008 |
Market share Among the top retail NBFCs in India with a strong presence in rural and urban segments, holding leading positions in farm equipment, two-wheeler, and microfinance sectors. |
Problem solved Providing accessible credit products and financial services to underserved rural and urban customers, enabling inclusive growth and financial inclusion. |
Top clients or who we serve Serves retail customers across rural and urban India, small and medium enterprises, and wholesale corporate clients. Primarily B2C and B2B segments. |
Key management Sudipta Roy, Managing Director and CEO, with 29 years in BFSI including ICICI Bank and Deutsche Bank; S.N. Subrahmanyan, Chairman and Non-Executive Director, MD of Larsen & Toubro. |
Our journey and innovations Started in 2008, listed in 2011; expanded via acquisitions and product diversification; launched AI-driven underwriting engine (Project Cyclops) and digital platforms accelerating growth. |
Where we operate Pan-India presence with over 2,000 rural branches and 400+ urban branches covering 18 states and 400+ cities and towns. |
Top products or what we offer Retail loans including two-wheeler, farm equipment, personal, home loans, rural group loans; SME finance; wholesale finance; mutual fund services; digital lending platforms. |
Top brands L&T Finance (LTF) brand known for diversified NBFC products; top brands include Two Wheeler Finance, Farm Equipment Finance, Rural Group Loans with extensive reach and market leadership. |
Raw materials needed Not applicable. |
Raw materials supplier Not applicable. |
Recurring vs cyclical contribution Revenue primarily recurring through loan interest and fee income; cyclical aspects linked to economic cycles affecting credit demand. |
Our industry position Maintains AAA ratings from all major agencies; strong capital adequacy with retail loan assets exceeding Rs 111,000 crore. |
Financial highlights FY25 consolidated total income Rs.15,941 Cr; profit after tax Rs.2,643 Cr; retail book growth 21% YoY; robust RoA ~2.3%; strong asset quality with GS3 at 3.19%. |
Geographical revenue split Revenue predominantly from Indian operations with pan-India retail and wholesale finance footprint. |
Order book Not specifically disclosed; robust loan book of Rs.114,285 Cr as of Q3 FY26 dominated by retail segment. |
Whats driving growth Accelerated retailisation, digital transformation, AI-driven underwriting, expanding rural footprint, and strong festive season demand driving growth. |
Our future plans Acquisition of gold loan business in progress; ongoing digital enhancements and AI integration; continue expanding product mix and geographic presence. |
Our green promise Reached 47% green energy mix; committed to water conservation, biodiversity restoration, and carbon footprint reduction through renewable initiatives. |
Our people and values 26,500+ employees with 67% from rural India, focus on DEI and capability building in AI, credit, and digital tech domains. |
Key challenges ahead Managing credit risk amidst economic cycles, regulatory compliance, competition in NBFC sector, and sustaining asset quality and growth balance. |
Interesting facts Hosted RAISE 2025 AI conclave with 2,500+ global delegates; first NBFC to implement AI under Project Cyclops for next-gen lending. |
Risks and strategy Mitigates credit, market, and operational risks via strong ALM, diversified portfolio, AI underwriting, and maintaining high capital adequacy. |
