L&T Finance Ltd (LTF) Q4FY26 Management Mirror - Mar-2026 Qtr
Long-Term Strategic Goals (Lakshya 2031)
In the Mar'26 Qtr, management introduced its Lakshya 2031 framework targeting the period ending Mar'31, which targets an AUM growth CAGR of over 20%, a PAT CAGR of 20%, and Return on Assets (RoA) expanding to 3.0%-3.2%. Management also aims for a Return on Equity (RoE) of 16%-18%, a structural reduction in credit costs to 2.0% or less, and operating expenses ranging between 3.75% and 4.0% of the book, keeping the combined opex and credit cost corridor between 5.75% and 6.0%. [Status: Initiated]
4 more themes on the ELITE plan.