Please find enclosed transcript for the investor call.
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L&T Finance reported its highest ever annual PAT of ₹3,003 Cr for FY26, up 14% YoY. Q4 PAT stood at ₹807 Cr, up 27% YoY, driven by highest-ever quarterly retail disbursements of ₹24,107 Cr (up 62% YoY). The company launched its 5-year Lakshya 2031 strategic plan targeting 20%+ book CAGR, credit costs below 2%, RoA of 3.0%-3.2%, and RoE of 16%-18%. For FY27, management guided 20%+ AUM growth, NIMs+Fees in 10%-10.5% range, and credit costs of 2%-2.2% by Q4. The Board also approved setting up a payments platform expected to be operational by Q2 FY27. The wholesale book was reduced by 14% YoY to ₹2,220 Cr.
Strong quarter with management reaffirming growth targets through Lakshya 2031 plan. Shareholders can expect continued focus on risk-calibrated growth, improving asset quality through AI tools, and expansion in gold loans and multi-product branches.