L&T FINANCE HOLDINGS | REC | L&T FINANCE HOLDINGS/ REC |
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P/E (TTM) | x | 18.7 | 9.2 | 204.0% | View Chart |
P/BV | x | 1.9 | 2.1 | 92.1% | View Chart |
Dividend Yield | % | 1.2 | 2.8 | 44.3% |
L&T FINANCE HOLDINGS REC |
EQUITY SHARE DATA | |||||
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L&T FINANCE HOLDINGS Mar-23 |
REC Mar-23 |
L&T FINANCE HOLDINGS/ REC |
5-Yr Chart Click to enlarge
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High | Rs | 98 | 128 | 76.5% | |
Low | Rs | 66 | 82 | 80.2% | |
Income per share (Unadj.) | Rs | 51.5 | 149.9 | 34.4% | |
Earnings per share (Unadj.) | Rs | -2.6 | 42.4 | -6.1% | |
Cash flow per share (Unadj.) | Rs | 30.6 | 59.8 | 51.2% | |
Dividends per share (Unadj.) | Rs | 2.00 | 12.60 | 15.9% | |
Avg Dividend yield | % | 2.4 | 12.0 | 20.4% | |
Book value per share (Unadj.) | Rs | 86.3 | 220.7 | 39.1% | |
Shares outstanding (eoy) | m | 2,479.67 | 2,633.22 | 94.2% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Avg Price / Income ratio | x | 1.6 | 0.7 | 226.9% | |
Avg P/E ratio | x | -31.7 | 2.5 | -1,276.8% | |
Avg P/CF ratio | x | -32.8 | 2.5 | -1,320.7% | |
Avg Price/Bookvalue ratio | x | 1.0 | 0.5 | 199.5% | |
Dividend payout | % | -77.2 | 29.7 | -259.9% | |
Avg Mkt Cap | Rs m | 203,643 | 277,377 | 73.4% | |
No. of employees | `000 | NA | NA | - | |
Total wages & salary | Rs m | 14,059 | 2,041 | 688.8% | |
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 | 394,783 | 32.4% | |
Other income | Rs m | 33,759 | 419 | 8,057.0% | |
Interest expense | Rs m | 58,222 | 237,413 | 24.5% | |
Net interest income | Rs m | 69,527 | 157,369 | 44.2% | |
Operating expense | Rs m | 80,867 | 18,569 | 435.5% | |
Gross profit | Rs m | -11,340 | 138,800 | -8.2% | |
Gross profit margin | % | -8.9 | 35.2 | -25.2% | |
Provisions/contingencies | Rs m | 209 | 86 | 243.4% | |
Profit before tax | Rs m | -5,565 | 138,977 | -4.0% | |
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 | 27,307 | 6.3% | |
Profit after tax | Rs m | -6,421 | 111,670 | -5.8% | |
Net profit margin | % | -5.0 | 28.3 | -17.8% |
BALANCE SHEET DATA | |||||
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Advances | Rs m | 751,546 | 4,220,839 | 17.8% | |
Deposits | Rs m | 0 | 0 | - | |
Credit/Deposit ratio | x | 0 | 0 | - | |
Yield on advances | % | 0 | 0 | - | |
Cost of deposits | % | 0 | 0 | - | |
Net Interest Margin | % | 7.7 | 3.5 | 221.3% | |
Net fixed assets | Rs m | 2,410 | 6,408 | 37.6% | |
Share capital | Rs m | 24,797 | 31,916 | 77.7% | |
Free reserves | Rs m | 189,077 | 549,289 | 34.4% | |
Net worth | Rs m | 213,873 | 581,205 | 36.8% | |
Borrowings | Rs m | 252,490 | 191,227 | 132.0% | |
Investments | Rs m | 152,282 | 305,381 | 49.9% | |
Total assets | Rs m | 1,045,011 | 4,648,926 | 22.5% | |
Debt/equity ratio | x | 1.2 | 0.3 | 358.8% | |
Return on assets | % | -0.6 | 2.4 | -25.6% | |
Return on equity | % | -3.0 | 19.2 | -15.6% | |
Capital adequacy ratio | % | 24.5 | 25.8 | 95.1% | |
Net NPAs | % | 0 | 1.0 | 0.0% |
CASH FLOW | |||||
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From Operations | Rs m | 74,905 | -373,598 | -20.0% | |
From Investments | Rs m | -11,070 | -9,430 | 117.4% | |
From Financial Activity | Rs m | -16,638 | 381,228 | -4.4% | |
Net Cashflow | Rs m | 41,927 | -1,799 | -2,330.8% |
Indian Promoters | % | 65.9 | 52.6 | 125.1% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 19.7 | 35.4 | 55.7% | |
FIIs | % | 11.0 | 19.9 | 55.4% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 34.1 | 47.4 | 72.1% | |
Shareholders | 711,555 | 770,808 | 92.3% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare L&T FINANCE HOLDINGS With: BAJAJ FINANCE BAJAJ HOLDINGS & INVESTMENT CHOLAMANDALAM INVEST SBI CARDS 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 | REC |
---|---|---|
1-Day | -2.38% | 1.02% |
1-Month | 4.63% | -0.98% |
1-Year | 81.32% | 264.60% |
3-Year CAGR | 23.16% | 68.14% |
5-Year CAGR | 5.01% | 33.05% |
* Compound Annual Growth Rate
Here are more details on the L&T FINANCE share price and the REC share price.
Moving on to shareholding structures...
The promoters of L&T FINANCE hold a 65.9% stake in the company. In case of REC the stake stands at 52.6%.
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 REC.
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%.
REC paid Rs 12.6, and its dividend payout ratio stood at 29.7%.
You may visit here to review the dividend history of L&T FINANCE, and the dividend history of REC.
For a sector overview, read our finance sector report.
After opening the day on high, Indian share markets reversed the trend as the session progressed and ended the lower.