This finance holding company rose 5% today, should you invest in this? Click to read the Latest share news in 2023

If you missed the previous buying call then check out this breakout. The finance holding company which rose 5% today is none other than one of the optimistic LT finance holdings limited companies

The CMP of the share is 91.80 INR+4.90 (5.64%)today. The stock has broken its resistance and is currently trading in the above resistance area. According to the technicals of the stock. L&T finance holdings is a buy with targets of up to 20%.

Let’s look at the technicals of this stock on the chart.

Overall, according to the Support resistance, and MACD. it’s a Buy. However, let’s look at the fundamentals of this stock too.

Profit & Loss

Consolidated Figures in Rs. Crores / View StandalonePRODUCT SEGMENTS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	2,114	3,004	3,990	5,221	6,456	7,440	8,532	10,215	13,365	14,104	13,353	11,930	12,044
Expenses +	421	539	1,025	1,230	1,625	1,979	2,776	3,308	3,377	4,160	5,401	5,233	5,152
Operating Profit	1,693	2,464	2,965	3,991	4,831	5,461	5,756	6,907		9,944	7,952	6,697	6,892
OPM %	80%	82%	74%	76%	75%	73%	67%	68%	75%	70%	60%	56%	57%
Other Income +	-9	-13	419	-5	16	8	26	49	-4	370	836	594	703
Interest	1,021	1,707	2,330	3,081	3,577	4,133	4,635	5,458	6,882	7,552	7,230	5,765	5,651
Depreciation	59	60	65	80	96	83	67	52	50	82	86	103	106
Profit before tax	604	684	989	825	1,175	1,253	1,079	1,446	3,052	2,680	1,472	1,423	1,838
Tax %	35%	34%	26%	28%	28%	32%	3%	12%	27%	37%	36%	26%
Net Profit	391	455	730	595	855	857	1,048	1,278	2,232	1,700	949	1,049	1,316
EPS in Rs		2.16	3.46	2.82	4.04	3.97	4.83	5.11	9.06	6.90	3.93	4.33	5.40
Dividend Payout %	0%	0%	18%	22%	16%	16%	13%	16%	9%	11%	0%	12%

Balance Sheet

Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	1,417	1,715	2,467	2,718	3,084	2,967	2,969	1,996	1,999	2,005	2,469	2,474	2,476
Reserves	1,474	3,038	3,753	4,107	4,656	5,324	6,020	9,411	11,450	12,688	16,304	17,474	17,955
Borrowings +	15,901	21,077	28,247	35,854	42,091	51,616	59,811	75,248	91,507	93,934	88,592	85,237	85,387
Other Liabilities +	784	1,103	2,852	3,182	4,275	5,107	4,924	1,117	1,094	902	1,582	1,696	1,837
Total Liabilities	19,577	26,933	36,570	44,861	52,742	63,799	72,511	87,772	106,050	109,529	108,947	106,880	107,655
Fixed Assets +	476	520	1,131	1,228	1,184	1,313	1,230	1,151	1,127	1,100	1,138	509	530
CWIP	18	33	89	140	174	22	28	19	39	62	24	22	0
Investments	732	770	1,843	2,730	2,649	3,563	6,012	5,301	8,641	5,979	8,872	11,917	11,135
Other Assets +	18,350	25,610	33,507	40,763	48,736	58,901	65,242	81,301	96,243	102,387	98,912	94,433	95,990
Total Assets	19,577	26,933	36,570	44,861	52,742	63,799	72,511	87,772	106,050	109,529	108,947	106,880	107,655

Shareholding Pattern

Numbers in percentages DEALS / TRADES

4 recently

	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022
Promoters +	63.86	63.72	63.72	63.67	63.65	63.62	63.59	63.53	63.50	66.26	66.23	66.20
FIIs +	12.49	10.60	9.37	7.07	9.36	10.60	8.79	8.25	7.86	6.91	6.61	6.75
DIIs +	4.44	5.22	5.45	4.98	5.27	5.88	6.57	6.57	6.11	4.57	5.34	5.35
Public +	19.21	20.46	21.46	24.28	21.72	19.91	21.05	21.66	22.53	22.26	21.82	21.69

CONCLUSION

Overall, the stock is under the buying zone. We recommend any new investors add this to their portfolio. However, this is an education opinion, not a professional call. If you wanna learn more about our stock market courses, then visit our courses section.