What was L&T Finance's revenue in Q4 FY26?

L&T Finance reported revenue of — in Q4 FY26, a — change year-over-year.

Did L&T Finance management deliver on previous promises?

Scorecard data is being built as historical quarters are processed.

L&T Finance Q4 FY26 Research Workspace: Revenue — (—)

Q: What guidance did L&T Finance management give?

AUM growth of 20%+ in FY27: Management expects sustained momentum with AUM growth exceeding 20% supported by robust consumer demand across urban finance, gold loans, and rural franchise.

Revenue —

EBITDA —

PAT ₹809 Cr +13%

EBITDA Margin —

Duration 102 min

Read Time 1 min read

✓ Verified against BSE filing

2-Minute Summary

✦ AI-Generated from Full Transcript

L&T Finance delivered a strong Q4 FY26 with PAT of ₹87 crore (+27% YoY) and full-year PAT of ₹2,981 crore (+13% YoY, excluding one-time labor code impact). Retail disbursements hit a record ₹24,017 crore (+62% YoY), driving retail AUM to ₹1,19,558 crore (+26% YoY). Credit cost moderated to 2.64% (down 19 bps QoQ) aided by AI underwriting tool Cyclops. NIM plus fees improved to 10.47% (+6 bps QoQ). Management guided for FY27 AUM growth of 20%+ and credit cost of 2-2.2% by Q4 FY27, targeting ROA of 2.8% by exit FY27. The new Lakshya 2031 plan targets 20%+ AUM CAGR, credit cost <2%, and ROA of 3-3.2%. Key risk: West Asia conflict could disrupt fertilizer supply and impact rural portfolio quality.

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Risk Intelligence

West Asia conflict impact on rural portfolio

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Quarter Snapshot

Retail Disbursements (Q4) ₹24,017 Cr

+62% YoY

Highest ever quarterly retail disbursements, driven by growth across all lines of business.

Retail AUM ₹1,19,558 Cr

+26% YoY

Retail book growth supported by strong disbursement momentum and focus on risk-calibrated growth.

Credit Cost 2.64%

-19 bps QoQ

Moderation due to structural credit policy measures and early benefits from Cyclops implementation.

Customer Additions (Q4) 8.3 Lakh

Highest ever

New customer additions driven by expansion into new villages and multi-product branches.

Fast read

Guidance and risk preview

Top guidance AUM growth of 20%+ in FY27

Management expects sustained momentum with AUM growth exceeding 20% supported by robust consumer demand across urban finance, gold loans, and rural...

Top risk West Asia conflict impact on rural portfolio

Geopolitical tensions could disrupt fertilizer supply for the kharif season, potentially affecting agricultural yields and rural loan performance.