L&T Finance Holdings Limited is a leading non-banking financial institution based in India. The company offers many financial products and services such as Rural Business Finance, Urban Finance, Housing Finance, Farm Equipment Finance, SME Finance, etc.
This is a subsidiary of Larsen & Toubro, a renowned engineering and construction company in India. L&T Finance is listed on the both National Stock Exchange and the Bombay Stock Exchange in India.
Before predicting the share price, we should look at its past performance, it declined in 2020 due to the pandemic (Covid-2019) and later, it showed a bullish trend in the market.
Currently, the share price is trading at Rs 167.80, which is 92.04 percent higher in one year. There is a lot of potential to rise in the coming years.
In this forecast, we will make L&T Finance share price targets for the years 2024, 2025, 2026, 2028, 2030, and 2035 based on our research and technical analysis.
L&T Finance Share Price Target
L&T Finance has shown stable financial results over a long period and has given huge returns in five years. Experts say that the share price can reach between Rs 205 to Rs 315 by 2025 and Rs 475 to Rs 595 by 2028. Bankshala Team has a distinct view on target price which is based on our research and technical analysis.
| Target Year | Target Price |
|---|---|
| 2024 | ₹210.23 |
| 2025 | ₹315.22 |
| 2026 | ₹412.45 |
| 2027 | ₹475.20 |
| 2028 | ₹595.10 |
| 2029 | ₹675.30 |
| 2030 | ₹882.12 |
| 2035 | ₹1410.50 |
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L&T Finance Share Price Target 2024
Based on current market trends, history, and technical analysis, the maximum target price for L&T Finance shares is Rs 170 to Rs 210 by 2024.
| Quarterly Target | Target Price |
|---|---|
| March | ₹182.12 |
| June | ₹185.20 |
| September | ₹198.22 |
| December | ₹210.50 |
L&T Finance Share Price Target 2025
The Indian economy is expected to grow and L&T Finance will be beneficial for its diversified business model. Therefore, as per our research, the maximum target price for L&T Finance could be between Rs 275 to Rs 315 by 2025.
| Quarterly Target | Target Price |
|---|---|
| March | ₹272.12 |
| June | ₹285.20 |
| September | ₹315.22 |
| December | ₹302.50 |
L&T Finance Share Price Target 2026
Its diversified portfolio is expected to provide long-term returns and an expected minimum share price of Rs 335.10. By the end of 2026, the maximum target price for L&T Finance shares is Rs 370.42 to Rs 412.45.
| Quarterly Target | Target Price |
|---|---|
| March | ₹332.12 |
| June | ₹325.20 |
| September | ₹412.22 |
| December | ₹402.45 |
L&T Finance Share Price Target 2028
It may show a downward trend in 2028 and the share price may fall. If this happens, the highest target price for L&T Finance could be Rs 455.25 to Rs 595.20.
| Quarterly Target | Target Price |
|---|---|
| March | ₹452.12 |
| June | ₹465.20 |
| September | ₹508.22 |
| December | ₹595.20 |
L&T Finance Share Price Target 2029
According to our forecast system, L&T Finance’s share price could range between Rs 582.50 to Rs 675.30 in mid-2029.
| Quarterly Target | Target Price |
|---|---|
| March | ₹582.12 |
| June | ₹625.20 |
| September | ₹675.22 |
| December | ₹650.50 |
L&T Finance Share Price Target 2030
Based on our research and technical analysis, the maximum target price for L&T Finance’s shares could range between Rs 745 to Rs 882.45 in mid-2030.
| Quarterly Target | Target Price |
|---|---|
| March | ₹752.12 |
| June | ₹775.20 |
| September | ₹808.22 |
| December | ₹882.45 |
L&T Finance Share Price Target 2035
Based on our research, experience, and technical analysis, the minimum share price could be Rs 1020 to Rs 1235. Whereas the maximum share price target of L&T Finance shares could be Rs 1335 to Rs 1410 by 2035.
| Quarterly Target | Target Price |
|---|---|
| March | ₹1020.12 |
| June | ₹1145.20 |
| September | ₹1328.22 |
| December | ₹1410.50 |
L&T Finance Business Segments
The company operates various business segments and offers a wide range of financial products and services to its customers. The major business segments of L&T Finance are as follows:
- Housing Finance: L&T Finance offers home loans, loans against property, non-residential property, and more.
- Infrastructure Finance: The company provides funds for infrastructure projects such as power, roads, and renewable energy.
- Investment Management: The investment management arm of L&T Finance manages mutual funds and other investment products for individual and institutional clients.
- Two Wheeler Finance: L&T Finance offers loans for the purchase of vehicles such as two-wheelers, trucks, and buses.
- Wealth Management: The Wealth Management division of L&T Finance provides investment and advisory services to high-net-worth individuals and families.
- Microfinance: L&T Finance also provides micro loans to low-income individuals and small businesses.
- Rural Finance: The company provides financial products and services to customers in rural areas, like agriculture and farm equipment loans, used tractor loans, refinance loans, tractor loans, etc.
These business segments are designed to meet the diverse financial needs of customers from different income segments and groups. Hence, the broad portfolio helps in diversifying its exposure and revenue streams.
Compounded Growth of L&T Finance
| Year | Sales Growth | Profit Growth |
|---|---|---|
| Last Year | 10% | 68% |
| 3 Years | -3% | 28% |
| 5 Years | 5% | 23% |
| 10 Years | 12% | 20% |
L&T Finance’s future growth prospects
L&T Finance is a reputed company in the financial sector and expanded its businesses all over India. The company has diverse financial products and services that help contain recession and drive future growth. The company has registered a healthy profit growth of 23.4% CAGR in the last 5 years.
Here are some of the key growth prospects for L&T Finance in the coming years:
- Business Expansion: L&T Finance is expanding its financial product presence into newer markets, especially in rural and semi-urban areas. Thus helping the company reach out to the unbanked and underbanked populations in these areas.
- Focus on digital initiatives: The company is improving its financial operational efficiency by investing in digital technologies. Such as mobile banking and online loan applications, which attract new customers and retain existing customers.
- Diversification of products: The company focuses on the diversification of its financial products, such as tractor loans, home loans, consumer loans, property loans, etc. Which helps to reduce risk and increase revenue streams.
- Strategic Partnerships: L&T Finance has partnered with other companies in the financial sector to expand its offerings and improve its position in the market.
Overall, L&T Finance’s strong financial performance, diversified portfolio, and strategic initiatives will help position it further for future growth in the Indian financial sector.
Risk Factors
Many factors may affect L&T Finance’s share price in the future, such as the performance of the Indian economy, interest rates, regulatory changes, and competition from other financial institutions.
So, you must keep checking the financial performance, revenue growth and profitability of the company.
Shareholding Pattern
| Promoters | 66.11% |
| Foreign Institutions | 11.35% |
| Domestic Institutions | 4.36% |
| Retail & Others | 15.94% |
| Mutual Funds | 2.24% |
FAQs
L&T Finance is a financial services company in India, that provides financial products and services, such as vehicle loans, rural finance, housing loans, and more.
The share price target for L&T Finance shares in 2025 is Rs 290.55 to Rs 315.22.
The estimated target price for L&T Finance shares is Rs 395.10 to Rs 412.45 by 2026.
The expected target price for L&T Finance shares is Rs 490.00 to Rs 595.20 by 2028.
The maximum target price for L&T Finance shares is Rs 788.25 to Rs 882.45 by 2030.
Disclaimer: The target prices for L&T Finance shares on our website (banksala.com) are for general information only. We are not SEBI-registered financial advisors and no part of the website content should be considered as financial advice for your investments.
