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- Indian - finance
- IREDA - L&T FINANCE
IREDA vs L&T FINANCE - Comparison Results
Current Valuations
| IREDA | L&T FINANCE | IREDA/ L&T FINANCE |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 34.4 | 13.3 | 257.4% | View Chart |
| P/BV | x | 5.8 | 1.5 | 393.6% | View Chart |
| Dividend Yield | % | 0.0 | 1.8 | - |
Financials
 IREDA  L&T FINANCE |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| IREDA Mar-24 |
L&T FINANCE Mar-24 |
IREDA/ L&T FINANCE |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 215 | 179 | 120.1% | |
| Low | Rs | 50 | 82 | 60.7% | |
| Income per share (Unadj.) | Rs | 18.5 | 54.6 | 33.8% | |
| Earnings per share (Unadj.) | Rs | 4.7 | 9.3 | 50.0% | |
| Cash flow per share (Unadj.) | Rs | -101.2 | 41.0 | -246.8% | |
| Dividends per share (Unadj.) | Rs | 0 | 2.50 | 0.0% | |
| Avg Dividend yield | % | 0 | 1.9 | 0.0% | |
| Book value per share (Unadj.) | Rs | 31.8 | 93.7 | 34.0% | |
| Shares outstanding (eoy) | m | 2,687.76 | 2,488.94 | 108.0% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Avg Price / Income ratio | x | 7.2 | 2.4 | 299.5% | |
| Avg P/E ratio | x | 28.4 | 14.0 | 202.8% | |
| Avg P/CF ratio | x | 1.2 | 13.9 | 8.5% | |
| Avg Price/Bookvalue ratio | x | 4.2 | 1.4 | 298.4% | |
| Dividend payout | % | 0 | 26.8 | 0.0% | |
| Avg Mkt Cap | Rs m | 356,115 | 325,304 | 109.5% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages & salary | Rs m | 713 | 18,064 | 3.9% | |
| Avg. income/employee | Rs Th | 0 | 0 | - | |
| Avg. wages/employee | Rs Th | 0 | 0 | - | |
| Avg. net profit/employee | Rs Th | 0 | 0 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Interest income | Rs m | 49,639 | 135,806 | 36.6% | |
| Other income | Rs m | 851 | 21,574 | 3.9% | |
| Interest expense | Rs m | 31,641 | 54,001 | 58.6% | |
| Net interest income | Rs m | 17,998 | 81,805 | 22.0% | |
| Operating expense | Rs m | 1,693 | 71,941 | 2.4% | |
| Gross profit | Rs m | 16,305 | 9,864 | 165.3% | |
| Gross profit margin | % | 32.8 | 7.3 | 452.2% | |
| Provisions/contingencies | Rs m | 290,558 | 214 | 135,787.5% | |
| Profit before tax | Rs m | 16,852 | 30,290 | 55.6% | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Minority Interest | Rs m | 0 | 30 | 0.0% | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Tax | Rs m | 4,330 | 7,119 | 60.8% | |
| Profit after tax | Rs m | 12,522 | 23,201 | 54.0% | |
| Net profit margin | % | 25.2 | 17.1 | 147.7% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Advances | Rs m | 0 | 813,594 | 0.0% | |
| Deposits | Rs m | 0 | 0 | - | |
| Credit/Deposit ratio | x | 0 | 0 | - | |
| Yield on advances | % | 0 | 0 | - | |
| Cost of deposits | % | 0 | 0 | - | |
| Net Interest Margin | % | 3.0 | 8.6 | 34.4% | |
| Net fixed assets | Rs m | 3,611 | 5,194 | 69.5% | |
| Share capital | Rs m | 26,878 | 24,889 | 108.0% | |
| Free reserves | Rs m | 58,717 | 208,398 | 28.2% | |
| Net worth | Rs m | 85,594 | 233,288 | 36.7% | |
| Borrowings | Rs m | 19,376 | 224,028 | 8.6% | |
| Investments | Rs m | 604,905 | 133,480 | 453.2% | |
| Total assets | Rs m | 642,575 | 1,008,606 | 63.7% | |
| Debt/equity ratio | x | 0.2 | 1.0 | 23.6% | |
| Return on assets | % | 1.9 | 2.3 | 84.7% | |
| Return on equity | % | 14.6 | 9.9 | 147.1% | |
| Capital adequacy ratio | % | 20.1 | 22.8 | 88.0% | |
| Net NPAs | % | 1.0 | 1.7 | 59.3% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -110,996 | 6,735 | -1,648.1% | |
| From Investments | Rs m | -232 | 8,486 | -2.7% | |
| From Financial Activity | Rs m | 110,586 | -70,374 | -157.1% | |
| Net Cashflow | Rs m | -642 | -55,153 | 1.2% | |
Share Holding
| Indian Promoters | % | 75.0 | 66.3 | 113.1% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 2.4 | 19.1 | 12.4% | |
| FIIs | % | 2.0 | 6.7 | 30.0% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 25.0 | 33.7 | 74.2% | |
| Shareholders | 2,616,555 | 787,291 | 332.3% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare IREDA With: BAJAJ FINANCE BAJAJ HOLDINGS & INVESTMENT CHOLAMANDALAM INVEST SBI CARDS AAVAS FINANCIERS
More on IREDA vs L&T FINANCE
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
IREDA vs L&T FINANCE Share Price Performance
| Period | IREDA | L&T FINANCE |
|---|---|---|
| 1-Day | -2.94% | -1.43% |
| 1-Month | -12.16% | -12.79% |
| 1-Year | 207.72% | -2.75% |
| 3-Year CAGR | 45.45% | 20.39% |
| 5-Year CAGR | 25.21% | 9.07% |
* Compound Annual Growth Rate
Here are more details on the IREDA share price and the L&T FINANCE share price.
Moving on to shareholding structures...
The promoters of IREDA hold a 75.0% stake in the company. In case of L&T FINANCE the stake stands at 66.3%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of IREDA and the shareholding pattern of L&T FINANCE.
Finally, a word on dividends...
In the most recent financial year, IREDA paid a dividend of Rs 0.0 per share. This amounted to a Dividend Payout ratio of 0.0%.
L&T FINANCE paid Rs 2.5, and its dividend payout ratio stood at 26.8%.
You may visit here to review the dividend history of IREDA, and the dividend history of L&T FINANCE.
For a sector overview, read our finance sector report.
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