Cholamandalam Investment & Finance Company Ltd
Cholamandalam Investment & Finance Company is one of the premier diversified non-banking finance companies in India, engaged in providing vehicle finance, home loans and Loan against property.[1]
- Market Cap ₹ 96,032 Cr.
- Current Price ₹ 1,143
- High / Low ₹ 1,310 / 831
- Stock P/E 29.9
- Book Value ₹ 188
- Dividend Yield 0.17 %
- ROCE 9.72 %
- ROE 20.4 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 23.8% CAGR over last 5 years
Cons
- Stock is trading at 6.07 times its book value
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1,784 | 2,570 | 3,279 | 3,715 | 4,214 | 4,694 | 5,559 | 7,108 | 8,712 | 9,583 | 10,148 | 12,884 | 17,453 |
Interest | 990 | 1,410 | 1,769 | 1,958 | 2,048 | 2,228 | 2,657 | 3,588 | 4,592 | 4,576 | 4,298 | 5,748 | 8,386 |
546 | 688 | 932 | 1,061 | 1,266 | 1,322 | 1,451 | 1,632 | 2,421 | 2,913 | 2,926 | 3,621 | 4,878 | |
Financing Profit | 248 | 472 | 578 | 696 | 899 | 1,143 | 1,451 | 1,888 | 1,699 | 2,094 | 2,924 | 3,515 | 4,189 |
Financing Margin % | 14% | 18% | 18% | 19% | 21% | 24% | 26% | 27% | 20% | 22% | 29% | 27% | 24% |
52 | 1 | 1 | 0 | 2 | 3 | 0 | 1 | 0 | 56 | 84 | 220 | 302 | |
Depreciation | 10 | 22 | 25 | 30 | 22 | 39 | 51 | 57 | 111 | 102 | 101 | 121 | 158 |
Profit before tax | 289 | 452 | 554 | 666 | 879 | 1,107 | 1,401 | 1,832 | 1,588 | 2,048 | 2,908 | 3,615 | 4,333 |
Tax % | 42% | 32% | 34% | 33% | 35% | 35% | 34% | 35% | 34% | 26% | 26% | 26% | |
169 | 308 | 368 | 444 | 575 | 718 | 918 | 1,197 | 1,054 | 1,521 | 2,154 | 2,665 | 3,210 | |
EPS in Rs | 2.55 | 4.30 | 5.14 | 6.18 | 7.36 | 9.21 | 11.76 | 15.32 | 12.86 | 18.55 | 26.23 | 32.42 | 38.83 |
Dividend Payout % | 20% | 16% | 14% | 11% | 12% | 12% | 11% | 8% | 13% | 11% | 8% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | 18% |
3 Years: | 14% |
TTM: | 49% |
Compounded Profit Growth | |
---|---|
10 Years: | 24% |
5 Years: | 24% |
3 Years: | 36% |
TTM: | 29% |
Stock Price CAGR | |
---|---|
10 Years: | 35% |
5 Years: | 32% |
3 Years: | 27% |
1 Year: | 36% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 19% |
3 Years: | 19% |
Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 133 | 143 | 143 | 144 | 156 | 156 | 156 | 156 | 164 | 164 | 164 | 164 | 165 |
Reserves | 1,271 | 1,809 | 2,144 | 2,531 | 3,514 | 4,142 | 4,969 | 6,052 | 8,036 | 9,436 | 11,605 | 14,182 | 15,643 |
Preference Capital | 0 | 0 | 0 | 500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
11,444 | 15,269 | 18,075 | 19,450 | 22,546 | 24,071 | 38,330 | 50,567 | 55,005 | 63,730 | 69,174 | 97,358 | 119,471 | |
649 | 1,007 | 1,182 | 1,743 | 1,673 | 2,230 | 711 | 715 | 853 | 1,314 | 1,536 | 1,923 | 2,310 | |
Total Liabilities | 13,497 | 18,228 | 21,544 | 23,868 | 27,889 | 30,598 | 44,167 | 57,490 | 64,058 | 74,644 | 82,478 | 113,627 | 137,588 |
56 | 73 | 74 | 69 | 120 | 150 | 170 | 167 | 283 | 228 | 259 | 403 | 501 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 14 | 11 | 10 | 37 | 60 | 0 |
Investments | 10 | 172 | 39 | 25 | 16 | 182 | 23 | 42 | 33 | 1,583 | 2,055 | 3,562 | 3,481 |
13,430 | 17,984 | 21,431 | 23,775 | 27,753 | 30,266 | 43,970 | 57,267 | 63,732 | 72,823 | 80,127 | 109,602 | 133,607 | |
Total Assets | 13,497 | 18,228 | 21,544 | 23,868 | 27,889 | 30,598 | 44,167 | 57,490 | 64,058 | 74,644 | 82,478 | 113,627 | 137,588 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-3,574 | -3,754 | -2,447 | -2,264 | -2,809 | -1,468 | -7,926 | -9,317 | -2,075 | -8,848 | -5,571 | -27,105 | |
55 | 5 | -83 | -40 | -137 | -222 | -60 | -11 | -54 | -1,746 | 1,640 | -2,148 | |
3,602 | 4,067 | 2,749 | 1,819 | 3,031 | 1,692 | 8,009 | 12,191 | 2,452 | 8,707 | 5,150 | 27,466 | |
Net Cash Flow | 83 | 317 | 219 | -485 | 85 | 2 | 22 | 2,862 | 323 | -1,888 | 1,218 | -1,787 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 12% | 18% | 17% | 18% | 18% | 18% | 19% | 21% | 15% | 17% | 20% | 20% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
8h - Of earnings call for the quarter ended March 31, 2024.
- Update on board meeting 8h
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
9h - On allotment of 47,220 equity shares on exercise of Employee Stock Options.
- Compliance Certificate Under Regulation 7(3) Of SEBI (Listing Obligations And Disclosures Requirements) Regulations, 2015 17 Apr
- Compliance Certificate As per Regulation 40(9 & 10) Of SEBI (LODR) Regulations, 2015. 17 Apr
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
-
Financial Year 2010
from bse
Concalls
-
Jan 2024Transcript PPT
-
Nov 2023Transcript PPT REC
-
Aug 2023Transcript PPT
-
May 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Feb 2022Transcript PPT
-
Nov 2021Transcript PPT
-
Aug 2021Transcript PPT
-
May 2021Transcript PPT
-
Feb 2021Transcript PPT
-
Oct 2020Transcript PPT
-
Apr 2020TranscriptNotesPPT
-
Feb 2020TranscriptPPT
-
Nov 2019TranscriptPPT
-
Jul 2019TranscriptPPT
-
Apr 2019TranscriptPPT
-
Jan 2019TranscriptPPT
-
Nov 2018TranscriptPPT
-
Sep 2018TranscriptNotesPPT
-
May 2018TranscriptPPT
-
Feb 2018TranscriptPPT
-
Nov 2017TranscriptPPT
-
Aug 2017TranscriptPPT
-
Jun 2017TranscriptPPT
-
May 2017TranscriptPPT
Ratios (FY 22)
Disbursement- 35,490 Cr, grew 36% over FY21 and grew at CAGR of 9% over the last 5 years.
AUM- 76,907 Cr, grew 10% over FY21 and grew at a CAGR of 16% over the last 5 years
NIM- 7.9%, improved from 7.3% over FY21
CAR- 19.6%, improved from 19.1% over FY21.
GNPA- 6.8%, increased from 4% in FY21
NNPA- 4.7%, increased from 2.2% in FY21 [1]