Whalesbook
AI Fuels Record Results
Company ne AI ko dil se apna liya hai, aur uska asar ab numbers mein dikh raha hai. Ye jo record profit aaya hai, woh 'AI-powered lender' banne ki strategy ka result hai. Unhone apni book ko 98% retail bana liya hai, aur ye customer-focused strategy kaafi kaam kar rahi hai.
Retail Book Surge Aur AI Ka Jaadu
FY26 mein L&T Finance ka profit ₹3,003 crore raha, jo pichhle saal se 14% upar hai. Ye saari kamaal unki retail book ki wajah se hui, jo 26% badhi aur ₹1,19,508 crore tak pahunch gayi. Q4 mein toh record disbursement hua, 62% jump maar kar ₹24,107 crore par pahunch gaya. Asset quality bhi mast hai, Gross Stage 3 assets sirf 2.88% hain.
AI ka use toh dekho! 'Project Cyclops' aur 'Project Nostradamus' jaise initiatives se ₹4,000 crore se zyada ki AI-led collections aur operational efficiency mili hai. Aur 'PLANET' app ne toh ₹9,500 crore se zyada ki collections mein help ki hai.
'Lakshya 2031': Ambition Bhara Plan!
Ab baat karte hain company ke ambitious plan 'Lakshya 2031' ki. Ye log saalana book growth 20% se upar chahte hain, credit costs 2% se kam rakhna chahte hain, aur RoA 3-3.2% tak le jaana chahte hain. RoE ka target toh 16-18% hai, jo FY26 ke 11.33% se kaafi zyada hai. Yeh sab achieve karna ek bada challenge hoga.
Valuation Aur Concerns
Brokers aur investors is plan par nazar rakhe hue hain. Company ka P/E ratio abhi 25-26x chal raha hai, jo unke 10-year median 17.73x se kaafi upar hai. Bajaj Finance jaise competitors 31.33x par hain, toh Shriram Finance aur Sundaram Finance bhi 26x ke aas paas hain. Matlab, stock mein future growth pehle se hi priced in hai. Agar ye ambitious targets miss hue toh valuation pe pressure aa sakta hai.
Analysts ne overall 'Buy' rating di hai aur price target ₹298-₹302 ke aas paas rakha hai, jo current price se bahut zyada upside nahi dikhata. Sector mein competition badh rahi hai, aur credit costs agar control se bahar gaye toh profitability par asar pad sakta hai.