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- Indian - finance
- L&T FINANCE - BAJAJ FINANCE
L&T FINANCE vs BAJAJ FINANCE - Comparison Results
Current Valuations
| L&T FINANCE | BAJAJ FINANCE | L&T FINANCE/ BAJAJ FINANCE |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 13.6 | 27.0 | 50.6% | View Chart |
| P/BV | x | 1.5 | 5.5 | 27.5% | View Chart |
| Dividend Yield | % | 1.8 | 0.5 | 329.7% |
Financials
 L&T FINANCE  BAJAJ FINANCE |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| L&T FINANCE Mar-24 |
BAJAJ FINANCE Mar-24 |
L&T FINANCE/ BAJAJ FINANCE |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 179 | 8,190 | 2.2% | |
| Low | Rs | 82 | 5,633 | 1.5% | |
| Income per share (Unadj.) | Rs | 54.6 | 889.5 | 6.1% | |
| Earnings per share (Unadj.) | Rs | 9.3 | 233.8 | 4.0% | |
| Cash flow per share (Unadj.) | Rs | 41.0 | 573.1 | 7.2% | |
| Dividends per share (Unadj.) | Rs | 2.50 | 36.00 | 6.9% | |
| Avg Dividend yield | % | 1.9 | 0.5 | 367.2% | |
| Book value per share (Unadj.) | Rs | 93.7 | 1,224.7 | 7.7% | |
| Shares outstanding (eoy) | m | 2,488.94 | 618.01 | 402.7% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Avg Price / Income ratio | x | 2.4 | 7.8 | 30.8% | |
| Avg P/E ratio | x | 14.0 | 29.6 | 47.4% | |
| Avg P/CF ratio | x | 13.9 | 29.6 | 47.0% | |
| Avg Price/Bookvalue ratio | x | 1.4 | 5.6 | 24.7% | |
| Dividend payout | % | 26.8 | 15.4 | 174.2% | |
| Avg Mkt Cap | Rs m | 325,304 | 4,271,285 | 7.6% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages & salary | Rs m | 18,064 | 63,960 | 28.2% | |
| 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 | 549,695 | 24.7% | |
| Other income | Rs m | 21,574 | 130 | 16,569.9% | |
| Interest expense | Rs m | 54,001 | 188,860 | 28.6% | |
| Net interest income | Rs m | 81,805 | 360,835 | 22.7% | |
| Operating expense | Rs m | 71,941 | 161,112 | 44.7% | |
| Gross profit | Rs m | 9,864 | 199,722 | 4.9% | |
| Gross profit margin | % | 7.3 | 36.3 | 20.0% | |
| Provisions/contingencies | Rs m | 214 | 31 | 685.2% | |
| Profit before tax | Rs m | 30,290 | 193,096 | 15.7% | |
| 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 | 48,584 | 14.7% | |
| Profit after tax | Rs m | 23,201 | 144,512 | 16.1% | |
| Net profit margin | % | 17.1 | 26.3 | 65.0% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Advances | Rs m | 813,594 | 3,262,933 | 24.9% | |
| Deposits | Rs m | 0 | 601,509 | 0.0% | |
| Credit/Deposit ratio | x | 0 | 542.5 | - | |
| Yield on advances | % | 0 | 0 | - | |
| Cost of deposits | % | 0 | 6.7 | - | |
| Net Interest Margin | % | 8.6 | 10.1 | 85.6% | |
| Net fixed assets | Rs m | 5,194 | 32,499 | 16.0% | |
| Share capital | Rs m | 24,889 | 1,236 | 2,013.7% | |
| Free reserves | Rs m | 208,398 | 755,630 | 27.6% | |
| Net worth | Rs m | 233,288 | 756,866 | 30.8% | |
| Borrowings | Rs m | 224,028 | 443,327 | 50.5% | |
| Investments | Rs m | 133,480 | 313,203 | 42.6% | |
| Total assets | Rs m | 1,008,606 | 3,747,242 | 26.9% | |
| Debt/equity ratio | x | 1.0 | 1.4 | 69.6% | |
| Return on assets | % | 2.3 | 3.9 | 59.6% | |
| Return on equity | % | 9.9 | 19.1 | 52.1% | |
| Capital adequacy ratio | % | 22.8 | 22.5 | 101.4% | |
| Net NPAs | % | 1.7 | 0.5 | 363.0% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 6,735 | -727,601 | -0.9% | |
| From Investments | Rs m | 8,486 | -71,712 | -11.8% | |
| From Financial Activity | Rs m | -70,374 | 824,151 | -8.5% | |
| Net Cashflow | Rs m | -55,153 | 24,838 | -222.1% | |
Share Holding
| Indian Promoters | % | 66.3 | 54.7 | 121.2% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 19.1 | 35.9 | 53.1% | |
| FIIs | % | 6.7 | 20.8 | 32.3% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 33.7 | 45.3 | 74.4% | |
| Shareholders | 787,291 | 781,913 | 100.7% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare L&T FINANCE With: BAJAJ HOLDINGS & INVESTMENT CHOLAMANDALAM INVEST SBI CARDS AAVAS FINANCIERS INDOSTAR CAPITAL
More on L&T FINANCE vs Bajaj Finance
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 Bajaj Finance Share Price Performance
| Period | L&T FINANCE | Bajaj Finance |
|---|---|---|
| 1-Day | 0.97% | 0.02% |
| 1-Month | 0.32% | -3.20% |
| 1-Year | -2.66% | -6.17% |
| 3-Year CAGR | 21.26% | -2.13% |
| 5-Year CAGR | 7.77% | 10.05% |
* Compound Annual Growth Rate
Here are more details on the L&T FINANCE share price and the Bajaj Finance share price.
Moving on to shareholding structures...
The promoters of L&T FINANCE hold a 66.3% stake in the company. In case of Bajaj Finance the stake stands at 54.7%.
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 Bajaj Finance.
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%.
Bajaj Finance paid Rs 36.0, and its dividend payout ratio stood at 15.4%.
You may visit here to review the dividend history of L&T FINANCE, and the dividend history of Bajaj Finance.
For a sector overview, read our finance sector report.
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