L&T Finance Holdings looks to hike retail share to 80% by FY26

L&T Finance Holdings (LTFH) expects to grow the share of retail loans to 80 per cent by the end of March 2026 (FY26), from 50 per cent now. The financing arm of engineering major Larsen and Toubro (L&T) plans to achieve this by stepping up the growth rate of retail loans from the current compound annual growth rate (CAGR) of 10-15 per cent to 25 per cent.

To ramp up its capacity to face asset quality pressures, LTFH aims to increase provision coverage ratio to 60 per cent by FY26, from 50 per cent currently.

Laying down the road map, the company