🧾 Financial Blueprint (With Doodles in Margin)
| Metric | FY25 | YoY Growth |
|---|---|---|
| Net Profit | ₹2,644 Cr | 🟢 +14% |
| Retail Loan Book | ₹95,180 Cr | 🛵 +19% |
| Retailization Ratio | 97% | 👶 “Corporate who?” |
| Gross NPA | 3.29% | ⚠️ Slightly dusty |
| Net NPA | 0.97% | Still manageable |
| Return on Assets (RoA) | 2.44% | 🧠 Respectable |
| Dividend | ₹2.75/share | 🪙 Paytm can’t relate |
🏗️ L&T Finance — From Bricks to EMIs
You know L&T as the guys who build bridges, metros, and dreams. But L&T Finance? They’re now busy building your EMI pile instead.
This year, they went all in on retail finance.
Car loans, farm loans, gold loans — every kind of loan that makes you feel rich before making you broke.
Retail now makes up 97% of their book. Corporate loans? Dumped like a gym membership in February.
💳 Q4 Snapshot: Not Broke, Just Chilling
| Metric | Q4 FY25 | YoY Change |
|---|---|---|
| Net Profit | ₹636 Cr | 🟢 +15% |
| Retail Disb. | ₹14,899 Cr | 🔻 -1% |
| NIM + Fees | 10.15% | 🔻 -110 bps |
| RoE | 10.13% | Up… sort of |
Slight margin compression because retail lending is competitive.
Also because we all asked for zero processing fees and cashback offers.
🪙 Gold Loans Enter the Chat
In a move nobody expected but everyone saw coming, L&T Finance entered the gold loan market via a deal with Paul Merchants.
Why gold loans? Because:
- Everyone’s already mortgaged their phone
- Gold still shines when interest rates don’t
- NBFCs love pawn shops with air conditioning
📉 The NPA Drama (Minor, But Present)
Okay okay — GNPA rose to 3.29% and Net NPA to 0.97%. Nothing scandalous, but it’s like finding a hair in your McDonald’s fries. You’re not furious, but you’re definitely not thrilled.
📈 Stock Performance & Market Vibes
| Indicator | Value |
|---|---|
| CMP (May 2025) | ₹157.50 |
| 52-Week High | ₹176 |
| 52-Week Low | ₹101 |
| YTD Gain | +18.6% |
Not bad for a company that used to chase infrastructure debt like it was 2006.
🧠 EduInvesting Analyst Vibe
“L&T Finance is like a guy who left his family construction business to open a fintech. Now he’s offering tractor loans with a cashback on UPI.”
— EduInvesting Analyst, sipping chai over credit score reports
🔮 The Road Ahead: EMI Se Bhagya Banta Hai
📌 What to watch:
- Will gold loans become their new cash cow?
- Can they keep NPAs below 1% while chasing retail?
- Will L&T ever list this as a separate fintech IPO? (👀 We see you, BharatPe drama watchers)
🧾 Verdict: Brick by Brick, Rupee by Rupee
“If you like your NBFCs spicy, retail-heavy, and slowly turning into fintechs, L&T Finance is your middle-class hero.”
✅ Buy if:
- You like stable RoA, gold-backed ambition, and don’t mind the odd NPA burp
❌ Avoid if: - You want explosive growth or think EMI = Evil Monthly Instalment
