Motilal Oswal identifies Shriram Finance, PNB Housing Finance, L&T Finance, and Aditya Birla Capital as top non-banking finance company (NBFC) choices for the upcoming Q4, anticipating growth in key financial metrics like net interest income, pre-provision operating profit, and Profit After Tax (PAT).

L&T Finance experienced a significant increase in retail loans during Q4 FY26, with disbursements jumping 62% year-on-year to reach ₹24,080 crores. The loan book also expanded by 26%, reaching ₹1,19,550 crores, while the retailization ratio climbed to 98%.