−22% from the high · +13% from the low
Long unwinding into a 26-day expiry: futures OI −1.3% on a −0.3% day, the most call OI sits at 285, the most put OI at 280, max pain 280.
LTF futures closed at ₹265.15, +0.3% to spot, with 97% of open interest in the 27 Oct contract, and the 265 straddle prices a move of about ±7.7% by expiry.
| Expiry | Close ₹ | Basis ₹ · % | Annualised % | OI lots · on the day | Share of OI % | Contracts traded |
|---|---|---|---|---|---|---|
| 27 Oct26 days | ₹265.15 | +0.80+0.3% | +4.3% | 24,000▼ −1.5% · −360 lots | 97 | 5,000 |
| 23 Nov53 days | ₹264.60 | +0.25+0.1% | +0.65% | 670▲ +2.9% · +19 lots | 2.7 | 120 |
| 29 Dec89 days | ₹264.65 | +0.30+0.1% | +0.47% | 24▲ +84.6% · +11 lots | 0.10 | 30 |
2.8% of futures OI sits beyond the 27 Oct contract · 38 of 51 listed contracts traded · 17,000 option contracts changed hands
The 265 straddle closed at ₹20.40 (call 10.40 + put 10.00), pricing a move of about ±7.7% by the 27 Oct expiry. In the last 253 windows of 19 sessions, LTF moved more than that 104 times.
Revenue ₹5,243 cr, +23% on a year earlier; profit ₹916 cr, +31% in the Jun 2026 quarter, consolidated.
| Quarter | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ | Market on the day |
|---|---|---|---|---|---|---|
| Jun 2026filed 10 Jul | ₹5,243 cr | ▲ +23% | ₹916 cr | ▲ +31% | 3.59 | ▲ +1.1%Nifty 0.0% · +1.1 pp |
| Mar 2026filed 24 Apr | ₹4,771 cr | ▲ +19% | ₹809 cr | ▲ +27% | 3.21 | ▼ −0.8%Nifty +0.8% · −1.6 pp |
| Dec 2025filed 16 Jan | ₹4,578 cr | ▲ +12% | ₹738 cr | ▲ +18% | 2.94 | ▲ +1.2%Nifty −0.4% · +1.6 pp |
| Sept 2025filed 15 Oct | ₹4,336 cr | ▲ +7.9% | ₹735 cr | ▲ +5.5% | 2.93 | ▼ −0.9%Nifty +1.0% · −1.9 pp |
| Jun 2025filed 18 Jul | ₹4,260 cr | ▲ +13% | ₹701 cr | ▲ +2.3% | 2.80 | ▲ +3.7%Nifty +0.5% · +3.2 pp |
| Mar 2025filed 25 Apr · audited | ₹4,023 cr | ▲ +9.6% | ₹636 cr | ▲ +15% | 2.54 | ▼ −3.1%Nifty +1.2% · −4.3 pp |
| Dec 2024filed 20 Jan | ₹4,098 cr | ▲ +16% | ₹626 cr | ▼ −2.1% | 2.50 | ▲ +1.1%Nifty −1.4% · +2.5 pp |
| Sept 2024filed 18 Oct | ₹4,019 cr | ▲ +25% | ₹697 cr | ▲ +17% | 2.78 | ▼ −5.3%Nifty −0.3% · −5.0 pp |
| Year | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ |
|---|---|---|---|---|---|
| FY26to Mar 2026 | ₹17,945 cr | ▲ +13% | ₹2,983 cr | ▲ +13% | 11.88 |
| FY25to Mar 2025 | ₹15,924 cr | ▲ +17% | ₹2,643 cr | ▲ +14% | 10.56 |
| FY24to Mar 2024 | ₹13,643 cr | — | ₹2,317 cr | — | 9.31 |
LTF trades at 21 times trailing earnings against 22 for its industry, 2.4 times book value, revenue +15% over twelve months, a 2.1% dividend yield, market cap ₹66,000 cr.
| Stock | Market cap ₹ | P/E | P/B | Close ₹ |
|---|---|---|---|---|
| BAJFINANCEBajaj Finance Limited | 5,90,000 cron 1 Oct | 29consolidated | 5.0 | ₹948.30 |
| SHRIRAMFINShriram Finance Limited | 2,20,000 cron 1 Oct | 17consolidated | 3.4 | ₹945.00 |
| TATACAPTata Capital Limited | 1,40,000 cron 1 Oct | — | 2.9 | ₹319.30 |
| CHOLAFINCholamandalam Investment and Finance Company Limited | 1,30,000 cron 1 Oct | 23consolidated | 4.4 | ₹1,580.00 |
| MUTHOOTFINMuthoot Finance Limited | 1,10,000 cron 1 Oct | 9.5consolidated | 2.7 | ₹2,697.10 |
| LTFL&T Finance Limited | 66,000 cron 1 Oct | 21consolidated | 2.4 | ₹264.35 |
| SBICARDSBI Cards and Payment Services Limited | 54,000 cron 1 Oct | 24standalone | 3.4 | ₹563.20 |
| HDBFSHDB Financial Services Limited | 51,000 cron 1 Oct | — | 2.5 | ₹618.20 |
| SUNDARMFINSundaram Finance Limited | 49,000 cron 1 Oct | — | 3.3 | ₹4,395.90 |
| PIRAMALFINPiramal Finance Limited | 48,000 cron 1 Oct | — | 1.7 | ₹2,023.30 |
| AIILAuthum Investment & Infrastructure Limited | 46,000 cron 1 Oct | — | 3.1 | ₹539.30 |
| M&MFINMahindra & Mahindra Financial Services Limited | 44,000 cron 1 Oct | — | 1.7 | ₹319.75 |
| POONAWALLAPoonawalla Fincorp Limited | 38,000 cron 1 Oct | — | 3.7 | ₹433.40 |
| MANAPPURAMManappuram Finance Limited | 29,000 cron 1 Oct | 15consolidated | 1.8 | ₹308.90 |
| IIFLIIFL Finance Limited | 25,000 cron 1 Oct | — | 1.6 | ₹583.80 |
| CGCLCapri Global Capital Limited | 24,000 cron 1 Oct | — | 3.3 | ₹249.25 |
| FIVESTARFive-Star Business Finance Limited | 15,000 cron 1 Oct | — | 2.0 | ₹506.25 |
| SBFCSBFC Finance Limited | 9,300 cron 1 Oct | — | 2.5 | ₹84.20 |
| PAISALOPaisalo Digital Limited | 7,300 cron 1 Oct | — | 4.1 | ₹79.90 |
| BENGALASMBengal & Assam Company Limited | 6,900 cron 1 Oct | — | — | ₹6,088.00 |
| FEDFINAFedbank Financial Services Limited | 5,600 cron 1 Oct | — | 1.9 | ₹149.75 |
| MASFINMAS Financial Services Limited | 5,000 cron 1 Oct | — | 1.6 | ₹272.85 |
| NORTHARCNorthern Arc Capital Limited | 4,700 cron 1 Oct | — | 1.2 | ₹288.70 |
| SGFINSG Finserve Limited | 4,200 cron 1 Oct | — | 2.9 | ₹631.85 |
| AYEAye Finance Limited | 4,000 cron 1 Oct | — | 1.6 | ₹163.30 |
| INDOSTARIndoStar Capital Finance Limited | 3,300 cron 1 Oct | — | 0.88 | ₹206.35 |
| MUFINMufin Green Finance Limited | 2,600 cron 1 Oct | — | 4.5 | ₹130.60 |
| ARMANFINArman Financial Services Limited | 1,900 cron 1 Oct | — | 2.0 | ₹1,764.40 |
| PFSPTC India Financial Services Limited | 1,900 cron 1 Oct | — | 0.60 | ₹28.80 |
| GRANDOAKGrand Oak Canyons Distillery Limited | 1,800 cron 1 Oct | — | — | ₹34.80 |
| FEDDERSHOLFedders Holding Limited | 1,300 cron 1 Oct | — | — | ₹63.65 |
| UGROCAPUgro Capital Limited | 1,300 cron 1 Oct | — | 0.44 | ₹82.35 |
| AKCAPITAK Capital Services Limited | 1,100 cron 1 Oct | — | — | ₹1,714.10 |
| ZSARACOMSaraswati Commercial India Limited | 1,100 cron 1 Oct | — | — | ₹10,017.00 |
| CRESTCrest Ventures Limited | 1,000 cron 1 Oct | — | 0.77 | ₹362.35 |
| FINKURVEFinkurve Financial Services Limited | 990 cron 1 Oct | — | 2.9 | ₹70.55 |
| CIFLCapital India Finance Limited | 810 cron 1 Oct | — | 1.2 | ₹20.75 |
| ARYAMANAryaman Financial Services Limited | 760 cron 1 Oct | — | — | ₹624.00 |
| MANBAManba Finance Limited | 700 cron 1 Oct | — | 1.7 | ₹139.00 |
| LAXMIINDIALaxmi India Finance Limited | 620 cron 1 Oct | — | 1.3 | ₹119.00 |
| DHUNINVDhunseri Investments Limited | 590 cron 1 Oct | — | 0.17 | ₹967.30 |
| KIRANVYPARKiran Vyapar Limited | 490 cron 1 Oct | — | — | ₹179.20 |
| CSLFINANCECSL Finance Limited | 470 cron 1 Oct | — | 0.76 | ₹208.35 |
| MANCREDITMangal Credit and Fincorp Limited | 460 cron 1 Oct | — | 2.7 | ₹218.95 |
| MONEYBOXXMoneyboxx Finance Limited | 360 cron 30 Sept | — | 1.2 | ₹52.30 |
| AVONMOREAvonmore Capital & Management Services Limited | 360 cron 1 Oct | — | 0.71 | ₹12.80 |
| MUTHOOTCAPMuthoot Capital Services Limited | 360 cron 1 Oct | — | 0.54 | ₹218.10 |
| AFILAkme Fintrade (India) Limited | 350 cron 1 Oct | — | 0.82 | ₹7.85 |
| STARTECKStarteck Finance Limited | 290 cron 1 Oct | — | 1.1 | ₹290.95 |
| CPCAPCP Capital Limited | 260 cron 1 Oct | — | 0.45 | ₹140.85 |
| SAHLIBHFIShalibhadra Finance Limited | 240 cron 1 Oct | — | 1.4 | ₹78.75 |
| ALFREDHEAlfred Herbert India Limited | 220 cron 1 Oct | — | — | ₹2,823.00 |
| TEAMGTYTeam India Guaranty Limited | 210 cron 1 Oct | — | 4.4 | ₹235.10 |
| BAIDFINBaid Finserv Limited | 160 cron 1 Oct | — | 0.69 | ₹10.30 |
| SONALSonal Mercantile Limited | 130 cron 1 Oct | — | — | ₹87.55 |
| ASSAMENTAssam Entrade Limited | 120 cron 1 Oct | — | — | ₹799.00 |
| VGCLVibrant Global Capital Limited | 110 cron 1 Oct | — | — | ₹47.90 |
| OPTIFINOptimus Finance Limited | 110 cron 1 Oct | — | — | ₹14.45 |
| MUKESHBMukesh Babu Financial Services Limited | 90 cron 1 Oct | — | — | ₹128.80 |
| TFLTranswarranty Finance Limited | 65 cron 1 Oct | — | 2.3 | ₹11.80 |
| LADDERUPLadderup Finance Limited | 65 cron 16 Sept | — | — | ₹60.95 |
| ODYCORPOdyssey Corporation Limited | 62 cron 1 Oct | — | — | ₹6.90 |
| ADVIKCAAdvik Capital Limited | 61 cron 1 Oct | — | — | ₹1.00 |
| TRUTruCap Finance Limited | 50 cron 1 Oct | — | 0.98 | ₹4.20 |
| HBSLHB Stockholdings Limited | 41 cron 1 Oct | — | 0.52 | ₹57.05 |
| KJMCFINKJMC Financial Services Limited | 28 cron 1 Oct | — | — | ₹58.40 |
| TCIFINANCETCI Finance Limited | 19 cron 1 Oct | — | — | ₹14.70 |
| ASHIKAGAshika Global Securities Limited | — | — | — | — |
| CAPTRUSTCapital Trust Limited | — | — | — | — |
| RSDFINRSD Finance Limited | — | — | — | — |
| UYFINCORPU. Y. Fincorp Limited | — | — | — | — |
| VIJIFINViji Finance Limited | — | — | — | — |
Promoters hold 66.0%, foreign portfolio investors 7.7%, mutual funds 11.6% and insurance companies 3.2%, as filed for the quarter to 30 Jun.
| Category | 30 Jun | 31 Mar | 31 Dec | 30 Sept | 30 Jun |
|---|---|---|---|---|---|
| Promoters | 65.96▼ −0.03 pp | 65.99▼ −0.04 pp | 66.03▼ −0.07 pp | 66.10▼ −0.06 pp | 66.16 |
| Foreign portfolio investors | 7.71▲ +0.07 pp | 7.64▲ +0.98 pp | 6.66▲ +0.26 pp | 6.40▲ +0.21 pp | 6.19 |
| Mutual funds | 11.56▲ +0.02 pp | 11.54▼ −0.32 pp | 11.86▲ +1.35 pp | 10.51▲ +2.36 pp | 8.15 |
| Insurance companies | 3.19▼ −0.03 pp | 3.22▼ −0.10 pp | 3.32▼ −0.45 pp | 3.77▼ −2.12 pp | 5.89 |
| Banks and financial institutions | 0.150.00 pp | 0.150.00 pp | 0.15▲ +0.10 pp | 0.05▼ −0.01 pp | 0.06 |
| Individual investors | 9.59▼ −0.24 pp | 9.83▼ −0.58 pp | 10.41▼ −0.22 pp | 10.63▼ −0.42 pp | 11.05 |
| Bodies corporate | 1.20▲ +0.11 pp | 1.090.00 pp | 1.09▼ −0.89 pp | 1.98▼ −0.03 pp | 2.01 |
| Others | 0.66▲ +0.10 pp | 0.56▲ +0.07 pp | 0.49▼ −0.07 pp | 0.56▲ +0.07 pp | 0.49 |
Nothing upcoming on record; the last was a dividend of ₹2.75 a share, ex-date 22 May 2026.
| Ex-date | Action | Amount or ratio | Record date | Source |
|---|---|---|---|---|
| recent | ||||
| 22 May 2026 | dividend | ₹2.75 | 22 May 2026 | BSE |
| 27 May 2025 | dividend | ₹2.75 | 27 May 2025 | BSE |
| 18 Jun 2024 | dividend | ₹2.50 | 18 Jun 2024 | BSE |
LTF is −15.5% over 20 sessions against Nifty's −6.2%, 22% below its 52-week high, realised volatility 43% annualised.
| Window | From ₹ | LTF % | Nifty 50 % | Difference pp |
|---|---|---|---|---|
| 250 sessionssince 26 Sept | ₹236.28 | ▲ +12% | ▼ −9.1% | +21 |
| 120 sessionssince 9 Apr | ₹272.19 | ▼ −2.9% | ▼ −5.7% | +2.8 |
| 60 sessionssince 8 Jul | ₹314.29 | ▼ −16% | ▼ −6.1% | −9.8 |
| 20 sessionssince 2 Sept | ₹312.80 | ▼ −15% | ▼ −6.2% | −9.2 |
| 5 sessionssince 24 Sept | ₹282.00 | ▼ −6.3% | ▼ −2.8% | −3.5 |
| 1 sessionsince 30 Sept | ₹265.01 | ▼ −0.25% | ▼ −0.88% | +0.63 |
The desk has not written about L&T Finance Limited yet. The tape carries every bulletin as it is published.
OI Charts is not a SEBI-registered investment adviser or research analyst. Prices, open interest, filings and the desk read are exchange data and arithmetic on it, not a basis for any investment decision.