L&T Finance Holdings Ltd

L&T Finance Holdings operates in Core Investment Companies (CIC) and Non-Banking Finance Company (NBFC)

Pros:
Company has reduced debt.
Cons:
Company has low interest coverage ratio.
Promoter's stake has decreased
Company has a low return on equity of 12.10% for last 3 years.

Peer Comparison Sector: Finance // Industry: Finance & Investments

Loading peers table ...

Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019
1,996 2,088 2,094 2,163 2,301 2,597 2,543 2,741 3,088 3,153 3,363 3,304
557 635 628 980 786 937 804 920 899 881 798 788
Operating Profit 1,440 1,453 1,466 1,183 1,515 1,660 1,740 1,820 2,189 2,272 2,565 2,516
OPM % 72% 70% 70% 55% 66% 64% 68% 66% 71% 72% 76% 76%
Other Income 34 54 68 76 126 13 51 22 65 187 89 80
Interest 1,156 1,153 1,160 1,158 1,270 1,314 1,402 1,463 1,513 1,650 1,866 1,832
Depreciation 19 18 16 15 14 12 13 13 12 12 12 14
Profit before tax 300 335 358 85 357 347 376 366 729 798 776 749
Tax % 32% 26% 23% -268% 6% 0% 13% 26% 26% 30% 25% 26%
Net Profit 207 248 271 316 314 338 321 268 538 560 581 552
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 TTM
0 1,423 2,114 3,004 3,990 5,221 6,456 7,440 8,532 10,445 12,908
0 309 421 539 829 1,230 1,634 1,979 2,778 3,371 3,366
Operating Profit -0 1,113 1,693 2,464 3,161 3,991 4,822 5,461 5,754 7,074 9,542
OPM % -100% 78% 80% 82% 79% 76% 75% 73% 67% 68% 74%
Other Income 0 1 -9 -13 223 -5 25 8 28 52 421
Interest 0 675 1,021 1,707 2,330 3,081 3,577 4,133 4,635 5,335 6,861
Depreciation 0 48 59 60 65 80 96 83 67 52 50
Profit before tax -0 393 604 684 989 825 1,175 1,253 1,079 1,740 3,052
Tax % -0% 34% 35% 34% 26% 28% 28% 32% 3% 16%
Net Profit -2 260 391 455 730 597 855 857 1,042 1,459 2,232
EPS in Rs 2.60 4.13 2.82 4.04 3.58 4.95 6.46
Dividend Payout % -0% 0% 0% 0% 18% 22% 16% 16% 13% 14%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:%
5 Years:21.23%
3 Years:17.40%
TTM:26.78%
Compounded Profit Growth
10 Years:%
5 Years:19.64%
3 Years:23.91%
TTM:79.83%
Return on Equity
10 Years:%
5 Years:11.40%
3 Years:12.10%
Last Year:12.94%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
2 1,354 1,417 1,715 2,467 2,718 3,084 2,967 2,969 3,030 1,999
Reserves 455 718 1,474 3,038 3,753 4,107 4,656 5,324 6,020 10,554 11,450
Borrowings 6,220 9,727 15,901 21,077 28,247 35,854 42,091 51,616 59,811 71,577 35,785
1,339 700 850 1,123 2,864 3,192 4,294 5,129 4,977 5,184 56,821
Total Liabilities 8,016 12,499 19,643 26,953 36,582 44,872 52,761 63,821 72,564 89,311 106,055
248 444 476 520 1,131 1,228 1,184 1,313 1,230 1,125 798
CWIP 12 1 18 33 89 140 174 22 28 45 0
Investments 169 309 732 770 1,843 2,730 2,649 3,563 6,012 4,843 9,008
7,587 11,745 18,417 25,630 33,519 40,774 48,754 58,923 65,295 83,298 96,248
Total Assets 8,016 12,499 19,643 26,953 36,582 44,872 52,761 63,821 72,564 89,311 106,055

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
-3,714 -5,879 -5,993 -6,096 -6,083 -6,474 -9,213 -5,779 -15,591
-356 -377 -171 -1,671 -1,032 2 -675 -2,118 1,549
4,115 6,303 6,111 7,947 7,602 6,552 9,426 7,952 14,637
Net Cash Flow 45 46 -53 180 487 81 -461 55 595

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
ROCE % 12% 11% 11% 10% 10% 10% 10% 9% 9%
Debtor Days 3,276,240 100 1 1 3 2 1 1 3 4
Inventory Turnover