
L&T Finance Ltd
Past performance
About L&T Finance Ltd L&T Finance Holdings Ltd. (LTFH) is a leading financial holding company in India, backed by Larsen & Toubro Ltd. It provides a diverse range of financial products and services through its subsidiaries, primarily in rural, housing, and wholesale finance sectors, alongside mutual fund and wealth management services. Key subsidiaries include L&T Finance Ltd., L&T Housing Finance Ltd., and L&T Infrastructure Finance Company Ltd. LTFH's wholesale finance division encompasses infrastructure finance and corporate finance, while its housing finance covers home loans and real estate finance. The rural finance segment focuses on farm equipment, two-wheeler finance, and microloans.
Since its incorporation in 2008, LTFH has expanded significantly through strategic acquisitions and capital raises, maintaining a strong capital adequacy. Notable achievements include crossing Rs 50,000 crore in total assets in 2015 and expanding its microloans business. The company has also streamlined operations by divesting non-core assets, such as the sale of L&T Investment Management to HSBC in 2022. LTFH's commitment to growth is further evidenced by its continuous capital infusion and strategic mergers within its subsidiaries.
Performance overview
