SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CARE reaffirms rating for L&T Fincorp’s Rs 2000 crore worth long-term bank facilities

06 Dec 2012 Evaluate

CARE has reaffirmed rating assigned to L&T Fincorp’s Rs 2000 crore worth long-term bank facilities at ‘AA+’, while the rating of ‘A1+’ assigned to company’s Rs 700 crore Commercial Paper (CP) / Short term Debt (STD) too stands reaffirmed at ‘A1+’. The credit rating agency has assigned ‘AA+’ rating to Rs 300 crore worth L&T Fincorp’s Non Convertible Debentures (NCD).

The ratings factor in the strength of the ultimate parent - Larsen and Toubro Ltd (L&T) and its continued demonstrated support to its subsidiaries, by way of capital, management and business support. L&T FinCorp’s board and senior management comprises senior executives of the L&T group. The rating is also supported by the established track record of L&T Finance (LTF) (fellow subsidiary of L&T FinCorp), in the business of Supply Chain Financing (SCF), which is being transferred from LTF to L&T FinCorp, integrated processes, systems and risk management systems of L&T FinCorp with other financial services companies of the group, its comfortable capital adequacy and liquidity profile.

L&T FinCorp is a wholly-owned subsidiary of L&T Finance Holdings, which is the flagship holding company of the financial services business of the L&T group. L&T is the ultimate parent of L&T FinCorp. L&T held the entire equity in LTFHL prior to its Initial Public Offering (IPO). Post IPO in August 2011, the shareholding of the L&T group in LTFHL declined to 82.64%.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×