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- Indian - finance
- L&T FINANCE - IREDA
L&T FINANCE vs IREDA - Comparison Results
Current Valuations
| L&T FINANCE | IREDA | L&T FINANCE/ IREDA |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 13.5 | 35.4 | 38.3% | View Chart |
| P/BV | x | 1.5 | 6.0 | 25.0% | View Chart |
| Dividend Yield | % | 1.8 | 0.0 | - |
Financials
 L&T FINANCE  IREDA |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| L&T FINANCE Mar-24 |
IREDA Mar-24 |
L&T FINANCE/ IREDA |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 179 | 215 | 83.3% | |
| Low | Rs | 82 | 50 | 164.8% | |
| Income per share (Unadj.) | Rs | 54.6 | 18.5 | 295.4% | |
| Earnings per share (Unadj.) | Rs | 9.3 | 4.7 | 200.1% | |
| Cash flow per share (Unadj.) | Rs | 41.0 | -101.2 | -40.5% | |
| Dividends per share (Unadj.) | Rs | 2.50 | 0 | - | |
| Avg Dividend yield | % | 1.9 | 0 | - | |
| Book value per share (Unadj.) | Rs | 93.7 | 31.8 | 294.3% | |
| Shares outstanding (eoy) | m | 2,488.94 | 2,687.76 | 92.6% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Avg Price / Income ratio | x | 2.4 | 7.2 | 33.4% | |
| Avg P/E ratio | x | 14.0 | 28.4 | 49.3% | |
| Avg P/CF ratio | x | 13.9 | 1.2 | 1,182.4% | |
| Avg Price/Bookvalue ratio | x | 1.4 | 4.2 | 33.5% | |
| Dividend payout | % | 26.8 | 0 | - | |
| Avg Mkt Cap | Rs m | 325,304 | 356,115 | 91.3% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages & salary | Rs m | 18,064 | 713 | 2,532.8% | |
| Avg. income/employee | Rs Th | 0 | 0 | - | |
| Avg. wages/employee | Rs Th | 0 | 0 | - | |
| Avg. net profit/employee | Rs Th | 0 | 0 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Interest income | Rs m | 135,806 | 49,639 | 273.6% | |
| Other income | Rs m | 21,574 | 851 | 2,535.1% | |
| Interest expense | Rs m | 54,001 | 31,641 | 170.7% | |
| Net interest income | Rs m | 81,805 | 17,998 | 454.5% | |
| Operating expense | Rs m | 71,941 | 1,693 | 4,248.1% | |
| Gross profit | Rs m | 9,864 | 16,305 | 60.5% | |
| Gross profit margin | % | 7.3 | 32.8 | 22.1% | |
| Provisions/contingencies | Rs m | 214 | 290,558 | 0.1% | |
| Profit before tax | Rs m | 30,290 | 16,852 | 179.7% | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Minority Interest | Rs m | 30 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Tax | Rs m | 7,119 | 4,330 | 164.4% | |
| Profit after tax | Rs m | 23,201 | 12,522 | 185.3% | |
| Net profit margin | % | 17.1 | 25.2 | 67.7% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Advances | Rs m | 813,594 | 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 | % | 8.6 | 3.0 | 290.3% | |
| Net fixed assets | Rs m | 5,194 | 3,611 | 143.8% | |
| Share capital | Rs m | 24,889 | 26,878 | 92.6% | |
| Free reserves | Rs m | 208,398 | 58,717 | 354.9% | |
| Net worth | Rs m | 233,288 | 85,594 | 272.6% | |
| Borrowings | Rs m | 224,028 | 19,376 | 1,156.2% | |
| Investments | Rs m | 133,480 | 604,905 | 22.1% | |
| Total assets | Rs m | 1,008,606 | 642,575 | 157.0% | |
| Debt/equity ratio | x | 1.0 | 0.2 | 424.2% | |
| Return on assets | % | 2.3 | 1.9 | 118.0% | |
| Return on equity | % | 9.9 | 14.6 | 68.0% | |
| Capital adequacy ratio | % | 22.8 | 20.1 | 113.6% | |
| Net NPAs | % | 1.7 | 1.0 | 168.7% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 6,735 | -110,996 | -6.1% | |
| From Investments | Rs m | 8,486 | -232 | -3,663.8% | |
| From Financial Activity | Rs m | -70,374 | 110,586 | -63.6% | |
| Net Cashflow | Rs m | -55,153 | -642 | 8,585.9% | |
Share Holding
| Indian Promoters | % | 66.3 | 75.0 | 88.4% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 19.1 | 2.4 | 804.2% | |
| FIIs | % | 6.7 | 2.0 | 333.2% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 33.7 | 25.0 | 134.8% | |
| Shareholders | 787,291 | 2,616,555 | 30.1% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare L&T FINANCE With: BAJAJ FINANCE BAJAJ HOLDINGS & INVESTMENT CHOLAMANDALAM INVEST SBI CARDS MANAPPURAM FINANCE
More on L&T FINANCE vs IREDA
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
L&T FINANCE vs IREDA Share Price Performance
| Period | L&T FINANCE | IREDA |
|---|---|---|
| 1-Day | 0.87% | 1.41% |
| 1-Month | -11.52% | -9.49% |
| 1-Year | 0.25% | 217.05% |
| 3-Year CAGR | 20.97% | 46.91% |
| 5-Year CAGR | 8.51% | 25.96% |
* Compound Annual Growth Rate
Here are more details on the L&T FINANCE share price and the IREDA share price.
Moving on to shareholding structures...
The promoters of L&T FINANCE hold a 66.3% stake in the company. In case of IREDA the stake stands at 75.0%.
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 IREDA.
Finally, a word on dividends...
In the most recent financial year, L&T FINANCE paid a dividend of Rs 2.5 per share. This amounted to a Dividend Payout ratio of 26.8%.
IREDA paid Rs 0.0, and its dividend payout ratio stood at 0.0%.
You may visit here to review the dividend history of L&T FINANCE, and the dividend history of IREDA.
For a sector overview, read our finance sector report.
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