History

Business Segments

• Housing Finance:L&T Finance Holdings is one of India's leading housing finance companies, bringing forth a wide range of home loan products to individuals and businesses. The company also delivers loans against property and real estate finance.
• Personal Loans:L&T Finance Holdings delivers a variety of personal loans to meet the diverse needs of its customers. These loans can be used for various purposes, including debt consolidation, home improvement, wedding expenses, and medical emergencies.
• Two-Wheeler Finance:L&T Finance Holdings is one of the foremost provider of two-wheeler finance in India, bringing forth a wide range of loan products to individuals looking to purchase a new or used two-wheeler.
• Farm Equipment Finance:L&T Finance Holdings offers farm equipment finance to farmers across India, helping them purchase new tractors and other agricultural equipment.
• SME Loans:L&T Finance Holdings delivers a variety of SME loans to small and medium-sized enterprises (SMEs) to help them meet their working capital and growth requirements.
• Micro Loans:L&T Finance Holdings offers micro-loans to low-income individuals and small businesses in India, helping them to start or expand their businesses.

• L&T Infra Investment Partners Advisory Private Limited:It is a subsidiary of L&T Finance Holdings Limited that offers investment advisory services to infrastructure funds. The company has a team of experienced professionals who deeply understand the Indian infrastructure market.
• L&T Infra Investment Partners Trustee Private Limited:This subsidiary of L&T Finance Holdings Limited offers trustee services to infrastructure funds. The company is responsible for ensuring that the interests of investors are protected and that the funds are operated under their trust deeds.

Key Personnel

Corporate Actions

Management Outlook

• The retail disbursements witnessed a substantial increase of 69%, reaching an impressive all-time high of ₹42,065 crore. This indicates a robust performance in retail lending operations. The retail book grew from ₹45,084 crore to ₹61,053 crore during the year under review, showcasing a significant expansion in the retail loan portfolio.
• The wholesale book, including decore priorityed segments, experienced a decisive reduction from ₹43,257 crore to ₹19,840 crore. This strategic shift in the book's composition reflects a commitment to the Lakshya 2026 strategy.
• The PLANET app, launched in March 2022, has achieved over 3 million downloads in its first year, emphasising a successful foray into digital channels. This digital platform spans various services, providing a comprehensive digital journey for urban and rural customers.
• Despite a 250 bps increase in interest rates during the year, a sound ALM strategy resulted in a yearly weighted average cost of capital (WACC) reduction of 4 bps for the organization. This underscores resilience and prudence in managing asset and liability dynamics.
• L&T Finance Holdings Limited maintains a robust capital position with a Capital to Risk-Weighted Assets Ratio (CRAR) of 24.52%, with Tier I capital at 22.10%. Additionally, the organization holds a liquidity buffer of ₹18,068 Cr, positioning it well to face uncertainties arising from the current macroeconomic situation.