CHOLAFINFinancial Services

Cholamandalam Investment and Finance Company Limited

Non Banking Financial Company (NBFC) · ISIN INE121A01024 · BSE 511243 · NSE EQ · FV ₹2
Last price
₹1,765
-0.06%today
What this company does

Cholamandalam Investment and Finance Company Limited operates in Non Banking Financial Company (NBFC), part of the Financial Services sector. It booked ₹8,856 cr of revenue in its latest quarter (Q1 FY27) and kept 18.7% of sales as profit. It is the 3rd largest of 9 Non Banking Financial Company (NBFC) companies we track, by market value.

62out of 100
Equitytale Health Score
Mixed

Healthier than 62% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 106–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
39

At close. Not part of the score.

Profitability & returns71

How much profit it earns on the money it employs

Cash quality9

Whether reported profit actually arrives as cash

Growth & consistency83

Whether sales and profit have grown, and how steadily

Valuation24

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: balance sheet. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 19% net margin
Sales up 22% vs last year
Profit up 46% vs last year
Promoters hold 49%
No promoter shares pledged
Strong 22% return on equity
Watch-outs
! Carries high debt (D/E 5.1)
! Operating cash flow is negative

What if I invest in CHOLAFIN?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,765 -0.06%
latest close · 2026-09-17
1-year return
+232.5%
52-wk low ₹46952-wk high ₹1,953
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio22.7Average
LowAverageHigh
P/B ratio4.94High
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity21.8%Strong
WeakFairStrong ▸15%
Net margin18.7%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity5.14High
LowModerateHigh ▸1
More figures
Market cap
₹1.51 L cr
Book value
₹357
EPS
₹19.43
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
2.7%
Earnings yield
4.40%
P/S
4.25
Sales / share
₹415.3
Tax rate
25.5%
Face value
₹2
Shares
85.3 cr
Working capital
Current assets
Current liabilities
Delivery %
58.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹415₹691, midpoint ₹553

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹8,856 cr
Other Income₹100 cr
Total Income₹8,957 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹1,149 cr
Finance Costs₹4,007 cr
Depreciation & Amortisation₹75 cr
Other Expenses₹581 cr
Total Expenses₹6,735 cr
Profit before Tax₹2,222 cr
Tax Expense₹567 cr
Share of JV / Associates₹1 cr
Net Profit₹1,656 cr
Net margin on total income18.5%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹1,149 cr12.8%
Finance costs₹4,007 cr44.7%
Depreciation & amortisation₹75 cr0.8%
Other expenses₹1,503 cr16.8%
Tax expense₹567 cr6.3%
Profit for the period₹1,656 cr18.5%
Total income ₹8,957 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue7,898 cr8,417 cr8,856 cr
Total income8,009 cr8,564 cr8,957 cr
Expenses6,274 cr6,422 cr6,735 cr
Profit before tax1,735 cr2,142 cr2,222 cr
Tax446 cr498 cr567 cr
Net profit (owners' share)1,290 cr1,645 cr1,656 cr
Net margin (owners' share, on revenue)16.3%19.5%18.7%
EPS (₹)15.2919.3319.43
YoY (latest quarter): total income +21.8% · net profit +45.6%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹2.45 L cr
Shareholder equity
₹30,458 cr
parent shareholders
Total debt
₹1.57 L cr
Cash
₹8,315 cr
Cash flow · H1 FY26
Operating
₹-10,319 cr
Investing
₹-1,341 cr
Financing
₹12,101 cr
Peer comparison
Non Banking Financial Company (NBFC) · by market value
CompanyPriceMarket capP/E
Bajaj Finance Limited₹1,015₹6.31 L cr26.4
Shriram Finance Limited₹995₹2.34 L cr16.7
Cholamandalam Investment and Finance Company Limitedthis company₹1,765₹1.51 L cr22.7
Tata Capital Limited₹344₹1.45 L cr23.5
Muthoot Finance Limited₹2,770₹1.11 L cr9.9
L&T Finance Limited₹302₹75,742 cr21.0
SBI Cards and Payment Services Limited₹637₹60,613 cr22.8
HDB Financial Services Limited₹681₹56,586 cr18.0
Sundaram Finance Limited₹4,663₹51,398 cr20.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.11%
trailing 12 months
Dividend / share (TTM)
₹2
Last dividend
₹0.7
ex 21 Jul 2026
ActionDetailEx-date
Dividend₹0.7 / share21 Jul 2026
Dividend₹1.3 / share5 Feb 2026
Dividend₹0.7 / share24 Jul 2025
Dividend₹1.3 / share7 Feb 2025
Dividend₹0.7 / share19 Jul 2024
Dividend₹1.3 / share7 Feb 2024
Who owns it · 2026-06-30
No pledge
Promoter
49.2%
FII / Foreign
24.4%
DII / Domestic
20.6%
Retail / others
5.7%
Promoter stake down 2.2% over the last 12 quarters.
Smart-money activity
Insider trades
SoldLakshmi Ramaswamy Family Trust · Promoter Group1.25 L · ₹6.8 cr29 Nov 21
SoldReji Abraham · -3,200 · ₹18.7 L3 Sep 21
SoldR Chandrasekar · Employees/Designated Employees56,000 · ₹3.3 cr3 Sep 21
Bulk / block deals
short · NSE20815 Sep 26
short · NSE1,87525 Aug 26
short · NSE2524 Aug 26
Stake changes
SoldAxis Mutual Fund (through Schemes of Axis Mutual Fund)→ 3.01% · 1.99 L13 Nov 24
BoughtAxis Mutual Fund→ 0.08% · 6.55 L24 Jun 22
SoldInvesco Ltd→ 4.63% · 1.61 cr22 Jan 20
Promoter pledges
PledgedBarclays Investments and Loan India Pvt Ltd1.25 L · 0.00% held29 Nov 21
ReleasedBarclays Securities (India) Private Ltd.30,000 · 0.02% held5 Aug 16
PledgedBarclays Securities (India) Private Ltd.30,000 · 0.00% held14 Dec 15
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 8 Mar 2026
See the official result
1
Re-appointment of Mr. Anand Kumar (DIN: 00818724) as an Independent Director, for a second term of five (5) consecutive years from 16 March, 2026 till 15 March, 2031
Backed by 93% of shareholders other than promotersneeded 75%
32.56 cr votes for, 2.62 cr against · 7% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 198 named members
owning 49.2% between them · as of 2026-06-30
Cholamandalam Financial Holdings Limited43.74%
Ambadi Investments Limited3.96%
M.A.Alagappan0.29%
Shambho Trust (M V Subbiah & S Vellayan,Trustees holds shares for Trust)0.16%
Arun Alagappan0.10%
Saraswathi Trust (M V Subbiah, S Vellayan & M V Seetha Subbiah, Trustees holds shares for Trust)0.09%
AR Lakshmi Achi Trust0.06%
A Venkatachalam0.06%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.