L&T FINANCE HOLDINGS | BAJAJ FINANCE | L&T FINANCE HOLDINGS/ BAJAJ FINANCE |
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P/E (TTM) | x | 18.6 | 28.8 | 64.5% | View Chart |
P/BV | x | 1.9 | 7.7 | 24.5% | View Chart |
Dividend Yield | % | 1.2 | 0.4 | 274.9% |
L&T FINANCE HOLDINGS BAJAJ FINANCE |
EQUITY SHARE DATA | |||||
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L&T FINANCE HOLDINGS Mar-23 |
BAJAJ FINANCE Mar-23 |
L&T FINANCE HOLDINGS/ BAJAJ FINANCE |
5-Yr Chart Click to enlarge
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High | Rs | 98 | 7,777 | 1.3% | |
Low | Rs | 66 | 5,236 | 1.3% | |
Income per share (Unadj.) | Rs | 51.5 | 684.9 | 7.5% | |
Earnings per share (Unadj.) | Rs | -2.6 | 190.4 | -1.4% | |
Cash flow per share (Unadj.) | Rs | 30.6 | 466.9 | 6.6% | |
Dividends per share (Unadj.) | Rs | 2.00 | 30.00 | 6.7% | |
Avg Dividend yield | % | 2.4 | 0.5 | 528.2% | |
Book value per share (Unadj.) | Rs | 86.3 | 890.4 | 9.7% | |
Shares outstanding (eoy) | m | 2,479.67 | 604.42 | 410.3% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Avg Price / Income ratio | x | 1.6 | 9.5 | 16.8% | |
Avg P/E ratio | x | -31.7 | 34.2 | -92.8% | |
Avg P/CF ratio | x | -32.8 | 34.2 | -95.9% | |
Avg Price/Bookvalue ratio | x | 1.0 | 7.3 | 13.0% | |
Dividend payout | % | -77.2 | 15.8 | -490.2% | |
Avg Mkt Cap | Rs m | 203,643 | 3,932,543 | 5.2% | |
No. of employees | `000 | NA | NA | - | |
Total wages & salary | Rs m | 14,059 | 50,591 | 27.8% | |
Avg. income/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Interest income | Rs m | 127,750 | 413,974 | 30.9% | |
Other income | Rs m | 33,759 | 83 | 40,624.4% | |
Interest expense | Rs m | 58,222 | 127,013 | 45.8% | |
Net interest income | Rs m | 69,527 | 286,961 | 24.2% | |
Operating expense | Rs m | 80,867 | 126,929 | 63.7% | |
Gross profit | Rs m | -11,340 | 160,033 | -7.1% | |
Gross profit margin | % | -8.9 | 38.7 | -23.0% | |
Provisions/contingencies | Rs m | 209 | 29 | 727.9% | |
Profit before tax | Rs m | -5,565 | 155,279 | -3.6% | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Minority Interest | Rs m | 868 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Tax | Rs m | 1,724 | 40,202 | 4.3% | |
Profit after tax | Rs m | -6,421 | 115,077 | -5.6% | |
Net profit margin | % | -5.0 | 27.8 | -18.1% |
BALANCE SHEET DATA | |||||
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Advances | Rs m | 751,546 | 2,422,689 | 31.0% | |
Deposits | Rs m | 0 | 446,656 | 0.0% | |
Credit/Deposit ratio | x | 0 | 542.4 | - | |
Yield on advances | % | 0 | 0 | - | |
Cost of deposits | % | 0 | 5.9 | - | |
Net Interest Margin | % | 7.7 | 10.8 | 71.1% | |
Net fixed assets | Rs m | 2,410 | 23,076 | 10.4% | |
Share capital | Rs m | 24,797 | 1,209 | 2,051.2% | |
Free reserves | Rs m | 189,077 | 536,956 | 35.2% | |
Net worth | Rs m | 213,873 | 538,165 | 39.7% | |
Borrowings | Rs m | 252,490 | 222,689 | 113.4% | |
Investments | Rs m | 152,282 | 230,624 | 66.0% | |
Total assets | Rs m | 1,045,011 | 2,742,916 | 38.1% | |
Debt/equity ratio | x | 1.2 | 1.2 | 94.9% | |
Return on assets | % | -0.6 | 4.2 | -14.6% | |
Return on equity | % | -3.0 | 21.4 | -14.0% | |
Capital adequacy ratio | % | 24.5 | 25.0 | 98.2% | |
Net NPAs | % | 0 | 0.4 | 0.0% |
CASH FLOW | |||||
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From Operations | Rs m | 74,905 | -421,404 | -17.8% | |
From Investments | Rs m | -11,070 | -103,653 | 10.7% | |
From Financial Activity | Rs m | -16,638 | 506,750 | -3.3% | |
Net Cashflow | Rs m | 41,927 | -18,307 | -229.0% |
Indian Promoters | % | 65.9 | 54.7 | 120.4% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 19.7 | 35.0 | 56.5% | |
FIIs | % | 11.0 | 20.6 | 53.7% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 34.1 | 45.3 | 75.3% | |
Shareholders | 711,555 | 799,199 | 89.0% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare L&T FINANCE HOLDINGS With: BAJAJ HOLDINGS & INVESTMENT CHOLAMANDALAM INVEST SBI CARDS EDELWEISS FINANCIAL AAVAS FINANCIERS
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | L&T FINANCE | Bajaj Finance |
---|---|---|
1-Day | -2.95% | -7.96% |
1-Month | 4.03% | -2.85% |
1-Year | 80.27% | 10.88% |
3-Year CAGR | 22.92% | 12.38% |
5-Year CAGR | 4.89% | 16.78% |
* Compound Annual Growth Rate
Here are more details on the L&T FINANCE share price and the Bajaj Finance share price.
Moving on to shareholding structures...
The promoters of L&T FINANCE hold a 65.9% stake in the company. In case of Bajaj Finance the stake stands at 54.7%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of L&T FINANCE and the shareholding pattern of Bajaj Finance.
Finally, a word on dividends...
In the most recent financial year, L&T FINANCE paid a dividend of Rs 2.0 per share. This amounted to a Dividend Payout ratio of -77.2%.
Bajaj Finance paid Rs 30.0, and its dividend payout ratio stood at 15.8%.
You may visit here to review the dividend history of L&T FINANCE, and the dividend history of Bajaj Finance.
For a sector overview, read our finance sector report.
Asian shares rose cautiously on Friday as markets sobered up to the idea that U.S. rate cuts were most likely some time away.