Multibagger stock: Shares of L&T Finance, one of the largest non-banking financial companies (NBFC) of the country, are performing amazingly. On Tuesday, January 6, after the results of the third quarter of the financial year 2026, its shares gained 2.8 percent on BSE and reached an intraday high of Rs 329.40.
In the year 2025, shares of multibagger L&T Finance had increased by 132 percent. In its regulatory filing, the company said that retail disbursement for Q3FY26 is estimated to be around Rs 22,690 crore, which represents a growth of 49 per cent over last year. Retail disbursement in the same quarter last year was Rs 15,210 crore.
Amazing improvement in retail loan book
In the retail segment, rural business finance disbursements increased from Rs 4,599 crore in Q3FY25 to Rs 6,740 crore in Q3FY26. Farmer finance disbursement increased from Rs 2,495 crore to Rs 2,780 crore, while urban finance disbursement increased from Rs 6,531 crore to Rs 9,670 crore in the same period.
SME finance disbursement stood at Rs 1,550 crore as against Rs 1,249 crore last year. At the same time, the acquired portfolio also contributed Rs 550 crore in Q3FY26 compared to Rs 336 crore in Q3FY25, while gold finance disbursement during the quarter was reported at Rs 1,400 crore. The company also recorded continuous growth in its retail loan book. By the end of the third quarter of the financial year 2026, the retail loan book is estimated to be around Rs 1,11,900 crore, which is about 21 percent more than last year.
Company’s net profit also increased
In the regulatory filing, L&T Finance also informed about the improvement in its retail ratio, which increased from 97 percent in the same quarter last year to 98 percent in Q3FY26. The company’s net profit in the second quarter was Rs 735 crore, which is Rs 696 crore a year ago and more than the previous quarter. Revenue for the quarter jumped 8 per cent year-on-year to Rs 4,335 crore, while net interest income increased 10.3 per cent to Rs 2,403 crore.
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