Even though market will not like anything related to IL&FS currently, L&T FH has been honest to share all the info in detail. They have covered all recent issues starting from Kerala floods. Lets see how market takes it tomorrow. As per the presentation, the IL&FS SPV where they have exposure has not defaulted yet.
Company guided for 18% RoE by FY20 but they have already started delivering that from Q1FY19 and they sustained that in Q2FY19 as well.
Slowed down disbursement for LAP and Real Estate.
Positive ALM gap
Healthy NIMs + Fees
Exposure to IL&FS and Supertech