Company LB Finance PLC

Equities

LFIN.N0000

LK0301N00008

Consumer Lending

End-of-day quote Colombo S.E. 06:00:00 2024-07-02 pm EDT 5-day change 1st Jan Change
69 LKR -0.58% Intraday chart for LB Finance PLC -5.35% +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: 4,052

Sales per Business

LKR in Million2023Weight2024Weight Delta
Loans and Receivables
74.4 %
16,613 73.9 % 20,955 74.4 % +26.14%
Lease and Stock Out on Hire
22.7 %
5,381 23.9 % 6,386 22.7 % +18.68%
Others
2.1 %
250 1.1 % 592 2.1 % +136.66%
International
0.9 %
226 1.0 % 242 0.9 % +7.27%

Sales per region

LKR in Million2023Weight2024Weight Delta
Sri Lanka
99.1 %
22,244 99.0 % 27,933 99.1 % +25.58%
International
0.9 %
226 1.0 % 242 0.9 % +7.27%

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
Comptroller/Controller/Auditor - 18-12-31
Treasurer - 07-12-31

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 27,263,282 ( 4.921 %) 0 4.921 %

Shareholders

NameEquities%Valuation
286,729,600 51.75 % 67 M ₨
144,492,928 26.08 % 34 M ₨
Esna Holdings (Pvt) Ltd.
10.15 %
56,249,600 10.15 % 13 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 % 507 566 ₨
2,072,687 0.3741 % 486 771 ₨
1,952,700 0.3524 % 458 592 ₨
1,787,405 0.3226 % 419 772 ₨
F N Herft
0.2674 %
1,481,808 0.2674 % 348 003 ₨

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
92.8 LKR
Spread / Average Target
+34.49%
Consensus

Annual profits - Rate of surprise