L&T Finance Limited — PPTs, 25-04-2025: Investor Presentation

**Financial Highlights:** In Q4FY25, L&T Finance reported retail disbursements of ₹14,899 Cr, slightly declining 1% YoY. The consolidated credit cost stood at 2.54%, with a significant PAT of ₹636 Cr, marking a 15% growth YoY. For FY25, the company achieved its highest annual PAT of ₹2,644 Cr and a record RoA of 2.44%, attributed to retailization reaching 97% of the overall book, which grew 19% YoY to ₹95,180 Cr.

**Strategic Initiatives and Growth Drivers:** The company’s “Lakshya 2026” strategy remains on course, emphasizing retail growth and asset quality improvements. The launch of Project Cyclops, an AI-driven credit underwriting engine, aims to enhance underwriting processes. Additionally, partnerships with major players like Amazon Pay have resulted in robust disbursements.

**Business Developments:** L&T Finance entered into a business transfer agreement to acquire Paul Merchants Finance's gold loan business, expected to close by Q2FY26, accelerating its entry into this segment and enhancing market competitiveness.

**Market Position and Competitive Advantage:** The firm boasts a strong presence in diverse financing sectors, including two-wheeler and farm equipment finance, providing a solid competitive edge.

**Investor Implications:** Given the robust performance metrics and strategic initiatives, investors may view L&T Finance positively, with opportunities for growth in the retail segment amidst a stable credit environment.