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L&t finance

View : positive for long term

LTFHL is in the financial service space and Group’s flagship holding company. The percentage of borrowers opting for moratorium drastically came down in Q1FY21 as against Q4FY20. There is considerable reduction in portfolio under moratorium for retail products from 79% in March-20 to 44% in June 2020. The overall moratorium for Infrastructure finance, IDF and Real Estate borrowers remained close to 40%, as majority of the Infrastructure portfolio is operational and has a ‘must run' status. The company continues to maintain strong capital adequacy of 21.18%

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