Company LB Finance PLC

Equities

LFIN.N0000

LK0301N00008

Consumer Lending

End-of-day quote Colombo S.E. 06:00:00 2024-04-14 pm EDT 5-day change 1st Jan Change
69 LKR +0.73% Intraday chart for LB Finance PLC +3.14% +10.75%

Business Summary

L B Finance PLC is a Sri Lanka-based company. The Company provides a comprehensive range of financial services encompassing acceptance of fixed deposits, maintenance of savings accounts, providing finance leases and vehicle loan facilities, mortgage loans, gold loans, personal loans, other credit facilities, digital financial services, and value-added services. The Company’s subsidiary, L B Microfinance Myanmar Company Limited, carries on microfinance lending in Myanmar. Its subsidiary, Multi Finance PLC, carries on business as a Licensed Finance Company and its business activities include acceptance of fixed deposits, maintenance of savings accounts, providing finance leases and vehicle loan facilities, mortgage loans, gold loans, personal loans, other credit facilities. It offers loans, such as vehicle loans, mortgage loans, power draft, Pragathi education loan, Kruthahastha pension loan, Murabaha & Property Murabaha.

Number of employees: 3,483

Sales per Business

LKR in Million2022Weight2023Weight Delta
Loans and Receivables
73.9 %
11,107 52.2 % 16,613 73.9 % +49.57%
Lease and Stock Out on Hire
23.9 %
9,879 46.4 % 5,381 23.9 % -45.53%
Others
1.1 %
263 1.2 % 250 1.1 % -4.96%
International
1.0 %
45 0.2 % 226 1.0 % +396.63%

Sales per region

LKR in Million2022Weight2023Weight Delta
Sri Lanka
99.0 %
21,249 99.8 % 22,244 99.0 % +4.68%
International
1.0 %
45 0.2 % 226 1.0 % +396.63%

Managers

Managers TitleAgeSince
Chief Executive Officer 74 03-12-09
Director of Finance/CFO - -
Compliance Officer - -
Chief Administrative Officer - 97-12-31
Chief Tech/Sci/R&D Officer - 09-12-31
Director/Board Member - 09-12-31
Director/Board Member - 03-12-31
Director/Board Member - 03-12-31
Corporate Officer/Principal - 19-12-31
Comptroller/Controller/Auditor - 18-12-31

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 74 03-12-09
Director/Board Member - 03-12-31
Director/Board Member - 03-12-31
Chairman - 21-11-30
Director/Board Member - 09-12-31
Director/Board Member - 16-03-14
Director/Board Member - 17-10-29
Director/Board Member - 19-04-09
Director/Board Member - 19-09-17
Director/Board Member - 21-06-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 554,057,136 25,101,475 ( 4.530 %) 0 4.530 %

Shareholders

NameEquities%Valuation
286,729,600 51.75 % 60 M ₨
144,492,928 26.08 % 30 M ₨
Esna Holdings (Pvt) Ltd.
10.15 %
56,249,600 10.15 % 12 M ₨
Averbach Grauson & Co.
1.721 %
9,535,325 1.721 % 2 M ₨
5,000,222 0.9025 % 1 M ₨
2,161,235 0.3901 % 451 698 ₨
2,072,687 0.3741 % 433 192 ₨
1,952,700 0.3524 % 408 114 ₨
1,787,405 0.3226 % 373 568 ₨
F N Herft
0.2674 %
1,481,808 0.2674 % 309 698 ₨

Company contact information

L B Finance Plc

No. 20, Dharmapala Mawatha

00300, Colombo

+94 11 220 0000

http://www.lbfinance.com
address LB Finance PLC(LFIN.N0000)

Sales per Business

Sales per region

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
69 LKR
Average target price
89.6 LKR
Spread / Average Target
+29.86%
Consensus

Annual profits - Rate of surprise