L&T Finance has unveiled its Integrated Annual Report for 2025-26, marking the successful completion of the Lakshya 2026 strategic roadmap. The report highlights the company’s evolution into a premier, customer-centric retail finance powerhouse and the launch of its Lakshya 2031 vision. Key achievements include record retail disbursements of ₹83,213 Cr, a consolidated book size of ₹1,21,728 Cr, and the strategic acquisition of a gold finance business.
Key Financial Performance Highlights
During the fiscal year 2025-26, L&T Finance demonstrated significant growth across its retail portfolio. The company reported a Profit After Tax (PAT) of ₹2,981 Cr and achieved 98% retailisation of its overall book. The consolidated book size stood at ₹1,21,728 Cr, with annual retail disbursements reaching ₹83,213 Cr. The company maintained a Return on Assets (RoA) of 2.37% and a Return on Equity (RoE) of 11.25%.
Strategic Milestones: Lakshya 2026 to Lakshya 2031
The successful culmination of the Lakshya 2026 roadmap has established L&T Finance as a digitally agile and AI-led financial institution. The company is now pivoting to Lakshya 2031, a long-term strategic plan focused on becoming India’s pre-eminent ‘Risk-first, Technology-first, Multi-product Retail Financier’. This next phase emphasizes deeper AI-driven intelligence, greater financial inclusion, and sustained value creation.
Digital Transformation and AI Integration
Technology remains the core engine of the company’s transformation. The PLANET app has been instrumental, with over 2.4 Cr downloads, facilitating end-to-end digital loan journeys. The integration of proprietary AI engines, such as Project Cyclops for credit underwriting and Project Nostradamus for predictive portfolio management, has significantly enhanced operational efficiency, reduced turnaround times (TAT), and improved asset quality.
Expanding Footprint and Product Suite
The company significantly scaled its geographic footprint during the year. A major strategic development was the acquisition of the gold finance business of Paul Merchants in June 2025, which added over 200 branches and bolstered the company’s secured retail portfolio. Furthermore, the company launched its ‘Sampoorna’ multi-product branch model, shifting from transactional lending to integrated relationship management hubs.
Sustainability and Social Impact
L&T Finance continues to integrate ESG into its business strategy. As of FY26, over 41% of the loan book is dedicated to financing sustainable livelihoods. The company’s flagship ‘Digital Sakhi’ programme has empowered more than 15.80 lakh community members, while environmental efforts, including solar energy adoption and water replenishment initiatives, align with the company’s goal of becoming carbon neutral by 2035.
Source: BSE
