Cholamandalam Financial Holdings Ltd

About [ edit ]

Cholamandalam Financial Holdings is undertakes financial services business through its Subsidiaries - Cholamandalam MS General Insurance Company Limited for general insurance business and Cholamandalam Investment and Finance Company Limited for lending operations. Risk advisory services is carried out through a joint venture entity Cholamandalam MS Risk Services Limited.(Source : 202003 Annual Report Page No:71)

  • Market Cap 11,270 Cr.
  • Current Price 600
  • High / Low 620 / 222
  • Stock P/E 14.4
  • Book Value 272
  • Dividend Yield 0.11 %
  • ROCE 11.2 %
  • ROE 12.9 %
  • Face Value 1.00

Pros

Cons

  • Company has low interest coverage ratio.
  • Dividend payout has been low at 3.28% of profits over last 3 years

Peer comparison

Sector: Finance Industry: Finance & Investments

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
858 2,475 2,615 2,934 2,902 3,123 3,340 3,395 3,287 3,234 3,499 3,645
765 1,182 1,250 1,376 1,339 1,483 1,526 1,580 1,999 1,282 1,581 1,847
Operating Profit 93 1,293 1,364 1,557 1,564 1,639 1,814 1,815 1,288 1,951 1,919 1,798
OPM % 11% 52% 52% 53% 54% 52% 54% 53% 39% 60% 55% 49%
Other Income 0 0 1 20 1 0 1 1 1 0 4 2
Interest 3 795 856 950 986 1,096 1,182 1,188 1,136 1,124 1,207 1,149
Depreciation 6 18 18 20 22 33 37 42 38 34 35 38
Profit before tax 85 481 491 608 557 510 596 586 115 794 681 613
Tax % 25% 35% 34% 33% 34% 35% 45% 27% 31% 26% 26% 26%
Net Profit 173 151 156 201 190 152 155 204 40 289 239 213
EPS in Rs 9.20 8.04 8.29 10.69 10.10 8.10 8.26 10.85 2.13 15.39 12.73 11.34
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
2,786 3,078 5,018 6,408 7,724 8,807 9,696 8,004 2,688 8,909 10,926 13,135 13,664
2,542 2,732 3,986 4,743 5,422 5,991 6,504 6,262 2,377 4,490 5,147 6,588 6,709
Operating Profit 244 346 1,032 1,665 2,302 2,815 3,192 1,742 311 4,419 5,778 6,547 6,956
OPM % 9% 11% 21% 26% 30% 32% 33% 22% 12% 50% 53% 50% 51%
Other Income 110 94 39 45 25 29 85 771 1 0 21 1 7
Interest 212 185 646 1,072 1,520 1,896 2,103 976 0 2,655 3,587 4,592 4,615
Depreciation 80 89 91 101 133 159 171 163 17 70 78 150 145
Profit before tax 61 166 335 536 674 789 1,003 1,374 295 1,695 2,135 1,806 2,203
Tax % 11% 32% 33% 34% 32% 34% 32% 27% 30% 34% 34% 36%
Net Profit 53 112 196 269 289 311 424 1,039 455 550 697 551 781
EPS in Rs 10.55 14.43 15.45 16.66 22.68 55.47 24.26 29.32 37.12 29.34 41.59
Dividend Payout % 35% 25% 28% 21% 13% 12% 9% 9% 1% 4% 3% 2%
Compounded Sales Growth
10 Years:16%
5 Years:6%
3 Years:70%
TTM:7%
Compounded Profit Growth
10 Years:20%
5 Years:6%
3 Years:7%
TTM:11%
Stock Price CAGR
10 Years:21%
5 Years:16%
3 Years:-4%
1 Year:23%
Return on Equity
10 Years:17%
5 Years:17%
3 Years:16%
Last Year:13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
37 37 37 37 37 37 537 37 19 19 19 19 19
Reserves 659 768 990 1,273 1,622 1,914 2,290 3,287 2,745 3,291 3,925 4,572 5,078
Borrowings 2,078 2,450 8,751 12,284 16,604 19,464 20,931 1,441 0 38,200 50,447 55,299 60,699
1,071 1,311 2,738 3,256 4,837 5,887 7,079 4,900 5,129 11,897 13,547 15,954 17,597
Total Liabilities 3,844 4,565 12,516 16,850 23,100 27,302 30,338 9,665 7,892 53,407 67,937 75,843 83,393
585 583 720 792 1,258 1,318 1,521 1,336 102 311 306 479 453
CWIP 30 51 28 42 164 201 40 56 0 4 14 11 0
Investments 525 886 903 1,130 1,688 2,116 2,665 5,141 6,536 6,211 7,552 8,893 9,609
2,704 3,044 10,865 14,886 19,990 23,667 26,112 3,131 1,254 46,881 60,065 66,461 73,330
Total Assets 3,844 4,565 12,516 16,850 23,100 27,302 30,338 9,665 7,892 53,407 67,937 75,843 83,393

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
802 -112 -2,151 -3,094 -3,228 -1,872 -1,685 -500 594 -6,302 -9,274 -1,914
-339 -406 75 -263 -838 -499 -461 193 -1,263 -1,825 -94 -96
-164 147 1,930 3,595 4,465 2,643 1,704 748 -69 8,287 12,171 2,427
Net Cash Flow 299 -372 -145 239 398 272 -443 441 -738 160 2,803 417

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 8% 11% 15% 14% 14% 13% 14% 11% 8% 20% 12% 11%
Debtor Days 32 44 34 29 25 25 25 31 32 3 1 0
Inventory Turnover 6.19 5.24 5.14 5.28 5.44 5.21 4.93 4.47 0.01

Shareholding Pattern

Numbers in percentages

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
49.92 49.53 49.51 49.52 49.52 49.17 49.02 49.02 48.80 48.80 48.80 48.80
11.99 11.38 10.85 10.61 10.58 10.72 10.08 10.64 10.30 9.79 9.91 9.76
17.11 17.94 18.63 19.23 19.26 20.99 23.53 23.29 25.69 27.59 27.65 27.76
20.59 20.77 20.63 20.26 20.26 18.74 17.37 17.06 15.22 13.82 13.64 13.68
0.38 0.38 0.38 0.38 0.38 0.38 0.00 0.00 0.00 0.00 0.00 0.00

Documents

Add document