L&t Finance Ltd · NSE:LTF
L&t Finance — Q1 FY26 Earnings Presentation
81 slides from L&t Finance's earnings presentation, Jul 18, 2025
Slide 1: Submission of investor / analyst presentation cover letter
July 18, 2025 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Corporate Relations Department, Plot No. C/1, G Block, 1st Floor, New Trading Ring, Bandra - Kurla Complex, Bandra (East), P. J. Towers, Dalal Street, Mumbai - 400 051. Mumbai - 400 001. Symbol: LTF Security Code No.:
Slide 2: Investor Presentation Q1FY26
L&T FINANCE Investor Presentation Q1FY26
Slide 3: Disclaimer
Disclaimer L&T Finance Limited (formerly known as L&T Finance Holdings Limited) (the “Company”) offers a range of financial products and services under the L&T Finance (LTF) brand. The information provided in this presentation by the Company is for information purposes only. This presentation or any
Slide 4: Lakshya 2026 Goals
L&T FINANCE Lakshya 2026 Goals Convergence At Consolidated Level 3
Slide 5: Sustaining trajectory in line with Lakshya 2026 goals even during cycles
Sustaining trajectory in line with Lakshya 2026 goals even during cycles L&T FINANCE RETAIL CONSOL CONSOL RETAILISATION GROWTH ASSET QUALITY ROA GS3 <3% FY26 >95% >25% CAGR 2.8% - 3% NS3 <1% GS3 4.08% FY22 (At Q4: 51% Q4: 10% Q4: Q4: 1.33% | FY: 1.04% launch) NS3 1.98% GS3 3.31% FY26 98% 18% 2.37% N
Slide 6: RoA trajectory over Lakshya 2026 journey
RoA trajectory over Lakshya 2026 journey Endeavouring to drive consistency and predictability through cycles Consolidated LTF Q4FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Retailisation 51% 54% 58% 64% 75% 82% 88% 91% 94% 95% 96% 97% 9
Slide 7: Executive Summary Q1FY26
Executive Summary L&T FINANCE Q1FY26 6
Slide 8: Executive Summary – Q1FY26 (1/5)
Executive Summary – Q1FY26 (1/5) Financial Performance Overview Retailisation at 98% of overall book | Highest ever Consolidated Book at ₹ 1,02,314 Cr L&T FINANCE Retail disbursements for Q1FY26 at ₹ 17,522 Cr vs. ₹ 14,839 Cr in Q1FY25, growth of 18% YoY • Secured assets disbursement led by Farm
Slide 9: Executive Summary – Q1FY26 (2/5)
Executive Summary – Q1FY26 (2/5) Financial Performance Overview NIMs+Fees for Q1FY26 at 10.22% vs 10.15% for Q4FY25 L&T FINANCE Consol. credit cost for Q1FY26 at 2.23% (3.43% before macro utilisation) after utilising macro-prudential provisions to the extent of ₹ 300 Cr vs. 2.54% (3.80% before m
Slide 10: Executive Summary – Q1FY26 (3/5)
Executive Summary – Q1FY26 (3/5) Strategic & Operational Initiatives Project Cyclops - advanced version implemented in Two Wheeler Finance & rolled-out in SME L&T FINANCE Finance. Project Cyclops, which is under phase-wise implementation in Farm Equipment Finance is expected to be 100% implemented
Slide 11: Executive Summary – Q1FY26 (4/5)
Executive Summary – Q1FY26 (4/5) Financial Performance Overview Utilisation of Macro-prudential Provisions – Delivering stable credit cost outcome in an adverse cycle • LTF, during COVID (FY21 & FY22), had created macro-prudential provision of ₹ 975 Cr (out of operating profits) exclusively for L&
Slide 12: Executive Summary – Q1FY26 (5/5) International Credit Ratings
Executive Summary – Q1FY26 (5/5) International Credit Ratings L&T Finance receives International Ratings – at par with India’s Sovereign Rating L&T FINANCE Rating Agency Long-term / Short-term Rating of L&T Finance S&P Global Ratings (S&P) BBB- / Positive / A-3 Fitch Ratings (Fitch) BBB- / Stable L&
Slide 13: Executive Summary – Q1FY26 Financial Performance
Executive Summary – Q1FY26 Financial Performance L&T FINANCE RETAIL DISBURSEMENT RETAIL DISBURSEMENT CONSOL NIMs+FEES CONSOL ROA ₹ 17,522 Cr* 10.22% 2.37% 18% YoY | 18% QoQ -86bps YoY | +6bps QoQ -31bps YoY | +15bps QoQ RETAIL BOOK CONSOL PAT CONSOL ROE ₹ 99,816 Cr ₹ 701 Cr 10.86% +18% YoY | +5% QoQ
Slide 14: L&T Finance Gold Loan
@ L&T Finance Golden step for a brighter tomorrow L&T Finance Gold Loan Get Instant Easy Safe and Loan Paperwork Secure Storage N VISIT LTFINANCE.COM &C Apply
Slide 15: L&T Finance initiates Gold Financing
L&T Finance initiates Gold Financing 7 4 100+ Gold loan business added as a high yield secured product to the States UT Cities / Towns L&T FINANCE existing diversified retail franchise of LTF Gold loan business acquired from Paul Merchants Finance comprises 130+ branches, ~700 employees and ~₹ 1
Slide 16: 5 Pillar Strategy – An Update
L&T FINANCE 5 Pillar Strategy – An Update 15
Slide 17: Pillar strategy to deliver on Lakshya goals
5 Pillar strategy to deliver on Lakshya goals L&T 1 FINANCE 2 3 4 5 Implementing Enhancing Sharpening Heightened Capability Futuristic Customer Acquisition Credit Underwriting Brand Visibility Building Digital Architecture • Broadening customer • Optimizing digital • Enhancing brand • Focused enhanc
Slide 18: Pillar 1: Enhancing Customer Acquisition
Pillar 1: Enhancing Customer Acquisition Rural & Urban Q1 FY25 Q4 FY25 Q1 FY26 Customer Funnels New Customer Acquisition L&T FINANCE New Customer Acquisition Attracting new (no. in lacs) 6.7 5.2 5.5 customers Expanding Reach Rural Group Loans & MFI New villages activated (nos.) 21,832 25,401 24,430
Slide 19: Pillar 1: Enhancing Customer Acquisition
Pillar 1: Enhancing Customer Acquisition Rural & Urban Q1 FY25 Q4 FY25 Q1 FY26 Customer Database Cross-sell & up-sell L&T FINANCE RURAL URBAN Total Retail Repeat 46% 49% 49% disbursement share (Count) Total Retail Repeat 36% 36% 35% disbursement share (Value) Rural Group Loans & MFI 59% 60% 65% Repe
Slide 20: Pillar 2: Sharpening Credit Underwriting (1/11)
Pillar 2: Sharpening Credit Underwriting (1/11) Operationalised ‘Project Cyclops’ in Two Wheeler, Farm Equipment Finance and SME Finance NEXT-GEN OMNI-PRODUCT AND OMNI-CUSTOMER UNDERWRITING ENGINE Raw Data Pre-processed Data ML Model BRE L&T FINANCE Existing to Bureau ETC Credit • ETC + AA Account S
Slide 21: Pillar 2: Sharpening Credit Underwriting (2/11)
Pillar 2: Sharpening Credit Underwriting (2/11) Rural Business Finance – Stringent Portfolio Policy & Sourcing Norms 1 2 3 4 5 Income estimation & total Maker-checker mechanism for Applicant to be 0 DPD Strict Association Norms JLG Indebtedness Norms indebtedness norms sourcing L&T FINANCE (continue
Slide 22: Pillar 2: Sharpening Credit Underwriting (3/11)
Pillar 2: Sharpening Credit Underwriting (3/11) Rural Business Finance – Stringent Portfolio Policy & Sourcing Norms Monthly customer leverage tracker Strong Early Warning Signals Exclusive Risk Control Unit L&T FINANCE Comprehensive customer leverage tracker Customer profiling to predict repayment
Slide 23: Pillar 2: Sharpening Credit Underwriting (4/11)
Pillar 2: Sharpening Credit Underwriting (4/11) Rural Business Finance – Stringent Portfolio Policy & Sourcing Norms L&T FINANCE Association wise customer composition at sourcing (% of disbursements) Association Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Only LTF 47% 48% 50% 48% 49% 53%
Slide 24: Pillar 2: Sharpening Credit Underwriting (5/11)
Pillar 2: Sharpening Credit Underwriting (5/11) Rural Business Finance – Stringent association norms leading to industry best association cohorts… Customer Association on Rural Group Loans & Microfinance loan book (%) +10% 50% L&T FINANCE 48% Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 45% 43% 45% 41% +4% 40
Slide 25: Pillar 2: Sharpening Credit Underwriting (6/11)
Pillar 2: Sharpening Credit Underwriting (6/11) …and a robust portfolio Rural Group Loans (JLG) & Micro Finance (JLG) Basis rolling 12-month sourcing cohorts L&T FINANCE 98.9% 98.8% 98.8% 98.8% 98.7% 1,00,000 5+ Yrs 80,000 ATS (in ₹) 3-5 Yrs On Due Date 60,000 vs Borrower 40,000 1-3 Yrs (ODD) CE % V
Slide 26: Pillar 2: Sharpening Credit Underwriting (7/11)
Pillar 2: Sharpening Credit Underwriting (7/11) Leading to a robust portfolio Farm Equipment Finance Two Wheeler Finance 73% 77% 76% 76% L&T FINANCE 72% 75% Basis rolling 12-month 78% 130 74% 72% 72% 71% 10.0 9.0 76%74% 120 sourcing cohorts 72% LTV LTV LTV % 70% 8.0 7.0 LTV % 74% 110 72% 6.0 ATS 114
Slide 27: Pillar 2: Sharpening Credit Underwriting (8/11)
Pillar 2: Sharpening Credit Underwriting (8/11) Journey towards building a Prime-dominant Two Wheeler portfolio Two Wheeler Finance L&T FINANCE Prime share in disbursements Prime share on book 85% 86% 84% 58% 60% 56% 40% 41% 42% 51% 52% 52% Apr May Jun Apr May Jun Q1FY25 Q1FY26 Q1FY25 Q1FY26 Prime c
Slide 28: Pillar 2: Sharpening Credit Underwriting (9/11)
Pillar 2: Sharpening Credit Underwriting (9/11) Journey towards quality sourcing - Two Wheeler Finance portfolio Two Wheeler Finance L&T FINANCE Indexed representation of TW Portfolio Bounce (%) Calculation methodology : Portfolio Bounce % in Mar’24 is taken as the base on an index of 100%; E.g. Bou
Slide 29: Pillar 2: Sharpening Credit Underwriting (10/11)
Pillar 2: Sharpening Credit Underwriting (10/11) Journey towards quality sourcing – Farm Equipment Finance portfolio Farm Equipment Finance L&T FINANCE Indexed representation of Farm Net Non Starters (NNS) % Calculation methodology : NNS % in Mar’24 is taken as the base on an index of 100%; E.g. NNS
Slide 30: Pillar 2: Sharpening Credit Underwriting (11/11)
Pillar 2: Sharpening Credit Underwriting (11/11) Leading to a robust portfolio Home Loans LAP 74 76 79 81 83 81 84 L&T FINANCE 71 73 73 Basis rolling 12-month 120% 80 120% 80 sourcing cohorts 70 100% 100% 70 ATS 60 ATS ATS 60 ATS (₹ in lacs) (₹ in lacs) 80% 80% 50 LTV 50 LTV & 60% 40 & 60% 40 40% 66
Slide 31: Pillar 3: Implementing Futuristic Digital Architecture
Pillar 3: Implementing Futuristic Digital Architecture Engineering for tomorrow – Future Tech Landscape | Tech initiatives continue to be on track in Q1 L&T FINANCE Established Machine Learning operations department Fully established data science library with >7 alternate data channels with 100+ sco
Slide 32: Project Nostradamus in line for September 2025 beta release
Pillar 3: Implementing Futuristic Digital Architecture Project Nostradamus in line for September 2025 beta release Consent Layer Model Orchestration L&T FINANCE Job Dashboard Qlik Dashboard Modelling Nostradamus Models EDX (Exchange Data Customer Level Models (EWS, Banking External EDX Server) Stabi
Slide 33: Pillar 4: Heightened Brand Visibility
Pillar 4: Heightened Brand Visibility Personal L&T FINANCE Loans Launched Integrated SME Bumrah Finance Marketing Campaigns LTF flagship BFSI-AI event RAISE’25 announced: • Date: 7 November, 2025 Gold • Venue: Jio World Convention Centre Finance Focused ongoing efforts to expand and strengthen brand
Slide 34: Pillar 5: Capability Building & Employee Initiatives
Pillar 5: Capability Building & Employee Initiatives Deepening Branch Network Employee Initiatives L&T FINANCE Re-certified as Great Place to Work in 2025 Rajkot Branch Score increased from 82 (FY24) to 84 (FY25), on a higher employee participation base, rising to 89% from 73% last year Ahmedabad Br
Slide 35: Business Update
L&T FINANCE Business Update 34
Slide 36: Retail disbursement increased by 18% on YoY basis
Retail disbursement increased by 18% on YoY basis ₹ in Cr Rural Business Finance Farmer Finance -3% +16% L&T FINANCE RETAIL FINANCE 5,773 5,114 5,618 1,903 1,755 2,200 +18% Q1FY25 Q4FY25 Q1FY26 Q1FY25 Q4FY25 Q1FY26 17,522 * +10% +25% 14,839 14,899 Urban Finance SME Finance +13% +30% 6,043 6,105 6,85
Slide 37: Retail book growth of 18% YoY
Retail book growth of 18% YoY ₹ in Cr Rural Business Finance Farmer Finance +3% +11% L&T FINANCE RETAIL FINANCE 25,887 26,320 26,616 14,204 15,219 15,756 +18% Q1FY25 Q4FY25 Q1FY26 Q1FY25 Q4FY25 Q1FY26 +1% +4% 95,180 99,816* 84,444 Urban Finance SME Finance +25% +56% 6,524 6,964 38,653 45,897 48,178
Slide 38: Collection Efficiency (1/3)
Collection Efficiency (1/3) 0 DPD CE = POS of 0 DPD collected / POS of 0 DPD billed RURAL BUSINESS FINANCE 0 DPD CE % L&T FINANCE FY25 FY26 RURAL GROUP LOANS & MICRO FINANCE (JLG) 99.7% 99.7% 99.6% 99.5% 99.5% 99.4% 99.3% 99.3% 99.4% 99.4% 99.4% 99.0% 99.3% 99.4% 99.4% RURAL Apr May Jun Jul Aug Sep
Slide 39: Collection Efficiency (2/3)
Collection Efficiency (2/3) L&T FINANCE FARMER FINANCE FY25 FY26 FARM EQUIPMENT FINANCE RURAL 92.2% 93.0% 89.8% 91.8% 91.5% 92.8% 92.4% 91.6% 93.0% 91.1% 90.7% 90.8% 90.3% 88.4% 88.9% Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Robust collection efficiencies due to credit metrics improvement and
Slide 40: Collection Efficiency (3/3)
Collection Efficiency (3/3) URBAN URBAN FINANCE L&T FINANCE TWO WHEELER FINANCE PERSONAL LOANS HOME LOANS & LAP SME FINANCE Improving collection efficiencies through superior underwriting practices 39 Regular CE = cashflow received from 0 DPD customer for billing / billing of 0 DPD customer | DPD: D
Slide 41: Retail Asset Quality (1/4)
Retail Asset Quality (1/4) Improving asset quality trends – Rural Group Loans & MFI Quarterly Collection Efficiency (CE) trend Best-in-class 0 DPD portfolio and PAR trends vis-à-vis the Industry 0 DPD book 99.70%L&T FINANCE 99.40% Industry 87.2% 86.8% 87.4% 86.9% 83.5% 80.2% 78.9% - 99.35% LTF 96.8%
Slide 42: Retail Asset Quality (2/4)
Retail Asset Quality (2/4) ‘0 DPD’ for our 3 fulcrum products L&T FINANCE RURAL GROUP LOANS & MICRO FARM EQUIPMENT FINANCE TWO WHEELER FINANCE FINANCE (JLG) 95.1% 88.2% 86.7% 80.9% 78.9% 79.1% Industry LTF Industry LTF Industry LTF Best-in-class 0 DPD portfolio of LTF vis-à-vis the Industry 41 Indus
Slide 43: Retail Asset Quality (3/4)
Retail Asset Quality (3/4) Stagewise assets & provision summary G Q1FY25 Q4FY25 Q1FY26 R Stage wise (in ₹ Cr) Q1FY25 Q4FY25 Q1FY26 (% of Total) (% of Total) (% of Total) O S Stage 1 80,065 94.81% 90,027 94.59% 94,495 94.67% L&T FINANCE S A Stage 2 2,024 2.40% 2,390 2.51% 2,392 2.40% S S Stage 3 2,35
Slide 44: Retail and Consol Asset Quality (4/4)
Retail and Consol Asset Quality (4/4) Retail and Consol GS3 L&T FINANCE RETAIL - ASSET QUALITY CONSOLIDATED – ASSET QUALITY 78% 73% 72% 75% 71% 71% 5,000 4,950 4,900 13% 4,850 4,800 4,750 5,000 4,700 4,650 4,600 4,550 4,500 4,450 4,400 4,350 4,300 4,250 4,200 4,150 4,100 11% 4,500 4,050 4,000 3,950
Slide 45: Proactive Asset Liability Management
Proactive Asset Liability Management BEGINNING TO CAPITALISE ON A FALLING INTEREST RATE ENVIRONMENT DIVERSIFIED LIABILITY MIX (%) WEIGHTED AVERAGE COST OF BORROWING (WACB) (%) L&T FINANCE 1% 1% 2% Bank Loan - Non-PSL 2% 8% 8% 7.80% 7.83% 23% Bank Loan - PSL 7.50% 28% 1% 8% 7.46% FI Loan 32% NCD Priv
Slide 46: Annexures
ANNEXURES 45
Slide 47: Index of Annexures
Index of Annexures L&T FINANCE I Dominant Retail Franchise built over a decade II Financials III Other Annexures 46
Slide 48: L&T Finance Pedigree & Position
L&T Finance Pedigree & Position L&T FINANCE Top 10 Retail NBFCs Part of illustrious Upper Layer NBFC Amongst Highest Credit Top Notch L&T group as per RBI classification Top Retail NBFCs Rating – ‘AAA’ ESG Ratings Built on the foundation of Trust & Commitment 47
Slide 49: Retail Businesses
Retail Businesses Rural Group Loans & Two Wheeler Finance Micro Finance (JLG) L&T Rural FINANCE Business Finance Micro LAP Urban Home Loans & LAP Finance Q1 43% Portfolio FY24 57% Mix Farm Equipment Finance Personal Loans Farmer RURAL URBAN Finance Agri Allied Finance SME Loans to SME Professionals
Slide 50: Retail Franchise & Right to Win
Retail Franchise & Right to Win DIVERSIFIED RETAIL NBFC L&T FINANCE Q1 1.86 Cr+ Portfolio 57% 43% FY24 Mix downloads Pan-India presence RURAL URBAN Leveraging 2.6+ Cr 13,000+ Optimised Digital Service ~2,00,000 Villages customer franchise Distribution & Distribution delivery 400+ Cities / Towns for
Slide 51: Granular and extensive distribution network
Granular and extensive distribution network State Rural Branches Urban Branches 18 ~2,00,000 21 4 400+ Madhya Pradesh 93 29 States Villages States UT Cities / Towns Maharashtra 68 42 L&T FINANCE Uttar Pradesh 139 19 Gujarat 83 45 Karnataka 245 15 West Bengal 121 13 Andhra Pradesh 58 24 Telangana 40
Slide 52: Market dominance through fulcrum product built over a decade (1/3)
Market dominance through fulcrum product built over a decade (1/3) Rural Group Loans and Micro Finance (JLG) - amongst the Leading Financiers Well diversified Operational Customer footprint excellence Centricity L&T FINANCE Rural Group Loans & Micro Finance (JLG) • Automated underwriting; geo- • 17
Slide 53: Market dominance through fulcrum product built over a decade (2/3)
Market dominance through fulcrum product built over a decade (2/3) Farm Equipment Finance – amongst the Leading Financiers Well diversified Dealer / OEM Customer footprint Relationship Centricity L&T FINANCE Farm Equipment Finance • 170+ branches across 16 states • 2,500+ Dealers • Retention product
Slide 54: Market dominance through fulcrum product built over a decade (3/3)
Market dominance through fulcrum product built over a decade (3/3) Two Wheeler Finance - amongst the Leading Financiers Well diversified Dealer / OEM Customer footprint Relationship Centricity L&T FINANCE Two Wheeler Finance • 8,500+ Sourcing points • Straddle continuum from New To • 145 branches ac
Slide 55: Index of Annexures
Index of Annexures L&T FINANCE I Dominant Retail Franchise built over a decade II Financials III Other Annexures 54
Slide 56: Lending Business – Business wise disbursement split
Lending Business – Business wise disbursement split Disbursement Q1FY25 Particulars (Rs Cr ) Q4FY25 Q1FY26 Y-o-Y (%) Farmer Finance L&T FINANCE 1,903 Farm Equipment Finance 1,755 2,200 16% Rural Business Finance 5,659 Rural Group Loans (100% JLG) 4,965 5,470 (3%) 114 Micro Finance (100% JLG) 149 149
Slide 57: Lending Business – Business wise book split
Lending Business – Business wise book split Book Q1FY25 Segments (₹ Cr) Q4FY25 Q1FY26 Y-o-Y (%) Farmer Finance L&T FINANCE 14,204 Farm Equipment Finance 15,219 15,756 11% Rural Business Finance Rural Group Loans & Micro 25,887 26,320 26,616 3% Finance Loans (100% JLG) Urban Finance 12,025 Two Wheele
Slide 58: LTF Consolidated – Summary financial performance
LTF Consolidated – Summary financial performance Performance Summary Q1FY25 Summary P&L (₹ Cr ) Q4FY25 Q1FY26 Y-o-Y (%) L&T FINANCE 3,371 Interest Income 3,535 3,690 9% 1,351 Interest Expense 1,600 1,636 21% 2,020 NIM 1,936 2,054 2% 383 Fee & Other Income 477 493 29% 2,403 Total Income 2,412 2,548 6
Slide 59: LTF Consolidated – Summary financial performance
LTF Consolidated – Summary financial performance L&T FINANCE Performance Summary Q1FY25 Particulars (₹ Cr ) Q4FY25 Q1FY26 Y-o-Y(%) 88,717 Closing Book 97,762 1,02,314 15% 87,002 Average Book 96,357 1,00,009 15% 23,529 Networth 25,564 25,585 9% 94.5 Book Value per share (₹) 102.5 102.4* 8% 2.8 Basic
Slide 60: LTF Consolidated – Key ratios
LTF Consolidated – Key ratios Key Ratios L&T FINANCE Q1FY25 15.54% Yield Key Ratios Q4FY25 14.88% Q1FY26 14.80% 9.31% Net Interest Margin 8.15% 8.24% 1.77% Fee & Other Income 2.01% 1.98% 11.08% NIM + Fee & Other Income 10.15% 10.22% 4.45% Operating Expenses 4.22% 4.21% 6.63% Earnings before credit c
Slide 61: Index of Annexures
Index of Annexures Dominant Retail Franchise built over a decade L&T FINANCE I II Financials III Other Annexures PLANET and Digital Update Asset Liability Management & Credit Ratings Sustainability (ESG & CSR) Board and Senior Management 60
Slide 62: App as a powerful digital channel for customer (1/2)
App as a powerful digital channel for customer (1/2) PLANET App Features OUR ‘PLANET’ APP FEATURES (Launched in March 2022) Completed In Progress Servicing features Engagement features Autonomous journeys L&T FINANCE View Loan Account Mandi Price Details & update Profile (Farm customer) D2C journey:
Slide 63: Developing digital finance delivery as a customer value proposition
Developing digital finance delivery as a customer value proposition L&T~₹FINANCE 4,800 Cr Collections ₹ 15,500 Cr+ Sourcing 785 Lac+ Servicing Experience 16.7 Lac Rural Customers ₹ in Cr Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 SOURCING 1,168 1,175 715 1,126 1,024 1,68
Slide 64: App as a powerful digital channel for customer (2/2)
App as a powerful digital channel for customer (2/2) PLANET App: Service Measurement Metrics upto Q1FY26 Update Count in lacs Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 L&T FINANCE SERVICING 21.5 26.0 41.4 85.8 90.4 101.1 126.6 134.2 122.4 RESOLUTION Mainly includes: SOA
Slide 65: Digital delivery: Touching every part of the customer ecosystem
Developing digital finance delivery as a customer value proposition Digital delivery: Touching every part of the customer ecosystem L&T FINANCE 100% 100% 98% 36% 96% Paperless Journey in Rural Group Loans, Digital eNach Digital Digital 2W Finance, Disbursements Penetration Collections Collections Fa
Slide 66: Marked improvement in Rural Digital collections
Marked improvement in Rural Digital collections L&T FINANCE 24% 23% 24% 23% 23% 25% 27% 27% 28% 29% 21% 22% 22% 22% 19% 19% 16% 13% 10% 10% Rural Group Loans 5% 5% 5% 4% & Micro Finance 3% 3% 3% (JLG) Apr'23 May'23 Jun'23 Jul'23 Aug'23 Sep'23 Oct'23 Nov'23 Dec'23 Jan'24 Feb'24 Mar'24 Apr'24 May'24 J
Slide 67: Net Promoter Score
Net Promoter Score Investing in enriching customer experience to build brand loyalty LTF achieved an overall Net Promoter Score (NPS) of 54 L&T FINANCE 53 45 51 68 68 71 Rural Group Loans & Farm Equipment Two Wheeler Personal Home Loans SME Micro Finance (JLG) Finance Finance Loans & LAP Loans NPS i
Slide 68: Index of Annexures
Index of Annexures Dominant Retail Franchise built over a decade L&T FINANCE I II Financials III Other Annexures PLANET and Digital Update Asset Liability Management & Credit Ratings Sustainability (ESG & CSR) Board and Senior Management 67
Slide 69: Prudent ALM - as on June 2025
Prudent ALM - as on June 2025 Structural Liquidity statement L&T FINANCE Cumulative Inflows (₹. Cr) 77,759 53,218 Cumulative Outflows (₹. Cr) 39,217 36,820 25,509 30,044 20,816 22,403 21,101 13,093 3,955 6,902 511 1,289 1-7 days 8-14 days 15 days-1 month 1-2 months 2-3 months 3-6 months 6-12 months
Slide 70: AAA credit rating: Update & rationale
AAA credit rating: Update & rationale Domestic Credit Ratings – LTF L&T FINANCE Rating Agency Long-term / Short-term Rating of LTF CRISIL Ratings CRISIL AAA (Stable) / CRISIL A1+ ICRA ICRA AAA (Stable) / ICRA A1+ India Ratings IND AAA (Stable) / IND A1+ CARE Ratings CARE AAA (Stable) / CARE A1+ Key
Slide 71: Index of Annexures
Index of Annexures Dominant Retail Franchise built over a decade L&T FINANCE I II Financials III Other Annexures PLANET and Digital Update Asset Liability Management & Credit Ratings Sustainability (ESG & CSR) Board and Senior Management 70
Slide 72: Businesses aligned with Sustainability goals
L&T Finance – Businesses aligned with Sustainability goals L&T FINANCE 42% of the loan book franchise is towards financing sustainable livelihoods; 69% of workforce is employed from Rural 71 SDG – Sustainable Development Goals
Slide 73: ESG: Building a Sustainable Future – Key Highlights
ESG : Building a Sustainable Future – Key Highlights Amongst the 1st in NBFCs to measure ‘True Value’ of business 74 ₹ 1 invested creating 3x Impact L&T FINANCE NSE ESG Rating *Note: Study conducted by an independent consultant Climate Engagement Social Engagement Stakeholder Engagement Expanding Fi
Slide 74: ESG: Building a Sustainable Future – Key Metrics & Impact
ESG : Building a Sustainable Future – Key Metrics & Impact Social Milestones L&T FINANCE Environment Milestones Governance Milestones Female Employees at Workforce (Increased from 5.4% to 5.9%) Board Oversight Green Power (Community engagement by Emissions avoided Financial Inclusion of Chairperson
Slide 75: ESG: Building a Sustainable Future – Creating Value
ESG : Building a Sustainable Future – Creating Value Ratings Awards L&T FINANCE CDP Score – Climate Change 2024 – ‘B’ CDP Score – Supplier Engagement 2024 – ‘A-‘ Performed in top decile in the FBN Diversified Financial Services and Capital Markets Industry in the S&P Global Corporate Sustainability
Slide 76: Corporate Social Responsibility
Corporate Social Responsibility Social Good, Communities@scale L&T FINANCE 75
Slide 77: Meaningful CSR Impact
Meaningful CSR Impact Since FY18 L&T FINANCE 76
Slide 78: Index of Annexures
Index of Annexures Dominant Retail Franchise built over a decade L&T FINANCE I II Financials III Other Annexures PLANET and Digital Update Asset Liability Management & Credit Ratings Sustainability (ESG & CSR) Board and Senior Management 77
Slide 79: Well experienced and diversified Board
Well experienced and diversified Board BOARD OF DIRECTORS L&T FINANCE S.N. Subrahmanyan, Non-Executive Director, Chairman o Current Chairman & Managing Director of Larsen and Toubro Limited. Sudipta Roy, Managing Director & CEO o 29 years of experience across multiple domains in BFSI such as o Over
Slide 80: Management Team
Management Team L&T FINANCE 79
Slide 81: Thank You
o) L&T Finance Thank You 80