CHOLAFIN · NSE
Cholamandalam Investment and Finance Company Limited
₹1,800
+2.01% (+₹35.5)
Prev. close
₹1,764.5
Volume
15,09,978
Delivery %
66.3%
As of
18 Sept 2026
Price history
HSBC Analysis · HSBC · 06 Aug 2026
“HSBC assigns a target price of ₹2,140 for Cholamandalam Investment, implying a 14% upside. The brokerage favors this stock among NBFCs, preferring large, diversified lenders over lower-rated monoline players, especially those with high rural exposure.”
Tracked vs “lower-rated monoline players” — comparator series unavailable
Analyst sentiment
Analysts lean bullish
3 analyst stances · last 90 days · one per analyst
Trackable
1 · 1 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
2 · 2 bull / 0 neutral / 0 bear
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Bullish on Cholamandalam Investment and Finance Company, with a target price of ₹1,860, implying 20% upside. The company…” | Jefferies AnalysisJefferies | Cholamandalam Investment and Finance Company | PENDING | ||||
| “HSBC assigns a target price of ₹2,140 for Cholamandalam Investment, implying a 14% upside. The brokerage favors this sto…” | HSBC AnalysisHSBC | Cholamandalam Investment | PENDING | ||||
“HSBC assigns a target price of ₹2,140 for Cholamandalam Investment, implying a 14% upside. The brokerage favors this stock among NBFCs, preferring large, diversified lenders over lower-rated monoline players, especially those with high rural exposure.” This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
Market commentary · 2 · levels, conditionals, previews, macro & hedged views — context, not graded
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bullish on Cholamandalam Finance with a target price of ₹2,100 per share, indicating a 13% upside. The company is expect…” | Jefferies AnalysisJefferies | Cholamandalam Finance Ltd | PENDING | |
| “Bullish on Cholamandalam Investment and Finance Company with a target price of ₹2,100, indicating a 14% upside potential…” | Mirae Asset Sharekhan AnalysisMirae Asset Sharekhan | Cholamandalam Investment and Finance Company Ltd | PENDING |
Fundamentals
About Cholamandalam Investment and Finance Company Limited
Cholamandalam Investment and Finance Company Limited, operates as a non-banking finance company in India. The company operates through Vehicle Finance, Loan Against Property, Home Loans, and Other Loans segments. It offers loans for commercial vehicles, passenger vehicle, two- and three- wheelers, and tractors and farm equipment, as well as construction equipment. The company also provides secured loans against property, and home and SME loans, as well as consumer and small enterprise loans, including personal loans, professional loans, and business loans to salaried, self-employed professionals, and proprietorship, partnership, and private limited companies. In addition, it offers gold loans, consumer durable loans, corporate insurance agencies, stockbroking and depository participants, offline payment aggregator, home extension, balance transfer of existing loans, supply chain finance, and secured term loans. Further, the company provides dealer platform services under the Gaadi Bazaar brand, which integrates vehicle trading, auctions, and trade advances. Additionally, it operates Payswiff, an omnichannel payment transaction solution that lets business owners accept payments from their customers in-store, at-home deliveries, online and on-the-go using mPOS, and POS solutions. The company was incorporated in 1978 and is based in Chennai, India.
Details
Sector
Financial Services
Industry
Credit Services
CEO
Mr. Murugappan Vellayan Subbiah
Headquarters
Chennai
Employees
51,320
Website
cholamandalam.comExchange
View on NSE ↗Key stats
Market cap
₹1.51 L Cr
P/E ratio (TTM)
26.1
Dividend yield
0.11%
EPS (TTM)
₹67.62
Beta (1Y · daily vs NIFTY 50)
1.66
Beta (5Y · monthly vs NIFTY 50)
1.39
Shares float
43.31 Cr
EPS · quarter ended Jun 2026
₹19.33
Upcoming earnings
05 Nov 2026
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with ANNUAL-REPORT (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with ANNUAL-REPORT; the two sources' revenue definitions differ by 0.0% on Mar 2021. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹9,579.40 Cr | ₹10,140.75 Cr | ₹7,145.25 Cr | ₹9,938.87 Cr | ₹13,411.07 Cr | ₹16,752.35 Cr | |
| EBITDA | ₹6,725.74 Cr | ₹7,305.89 Cr | ₹9,483.71 Cr | ₹14,034.12 Cr | ₹18,480.81 Cr | ₹21,641.06 Cr |
| ₹1,521.00 Cr | ₹2,153.51 Cr | ₹2,664.85 Cr | ₹3,420.06 Cr | ₹4,262.70 Cr | ₹5,232.61 Cr | |
| Diluted EPS | ₹18.52 | ₹26.19 | ₹32.38 | ₹41.06 | ₹50.6 | ₹61.83 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹74,644.16 Cr | ₹82,478.68 Cr | ₹1.14 L Cr | ₹1.57 L Cr | ₹2.02 L Cr | ₹2.45 L Cr | |
| ₹59,539.93 Cr | ₹52,004.52 Cr | ₹73,186.19 Cr | ₹1.35 L Cr | ₹1.76 L Cr | ₹2.12 L Cr | |
| Stockholders' equity | ₹9,599.80 Cr | ₹11,769.00 Cr | ₹14,346.10 Cr | ₹19,593.00 Cr | ₹23,668.00 Cr | ₹30,458.00 Cr |
Current assets, Inventory, Receivables (trade + unbilled), Trade receivables, Unbilled receivables (contract assets), Non-current assets, Others, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹-8,841.95 Cr | ₹-5,571.33 Cr | ₹-27,105.00 Cr | ₹-35,683.00 Cr | ₹-32,413.00 Cr | ₹-30,021.00 Cr | |
| Investing cash flow | ₹-1,572.28 Cr | ₹1,639.54 Cr | ₹-2,148.41 Cr | ₹-2,854.59 Cr | ₹-2,948.12 Cr | ₹-2,554.01 Cr |
| ₹8,515.87 Cr | ₹5,150.27 Cr | ₹27,466.00 Cr | ₹38,471.00 Cr | ₹39,795.00 Cr | ₹35,610.00 Cr | |
| Capital expenditure | ₹-33.58 Cr | ₹-72.88 Cr | ₹-189.45 Cr | ₹-1,076.24 Cr | ₹-199.53 Cr | ₹-265.11 Cr |
| End cash position | ₹1,480.36 Cr | ₹2,698.84 Cr | ₹911.85 Cr | ₹845.64 Cr | ₹5,279.65 Cr | ₹8,314.85 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21–Mar 22(2Q) | Jun 22 | Sep 22 | Dec 22 | Mar 23 | Jun 23 | Sep 23 | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 51.57% | 51.55% | 51.52% | 51.50% | 51.49% | 51.47% | 51.46% | 51.43% | 50.37% | 50.35% | 50.33% | 50.24% | 49.93% | 49.92% | 49.90% | 49.88% | 49.72% | 49.25% | 49.22% |
| Public | 48.43% | 48.45% | 48.48% | 48.50% | 48.51% | 48.53% | 48.54% | 48.57% | 49.63% | 49.65% | 49.67% | 49.76% | 50.07% | 50.08% | 50.10% | 50.12% | 50.28% | 50.75% | 50.78% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Financial Services
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| HDFC Bank Limited | ₹11.27 L Cr | ₹731 | 16.2 | 1.38 | 8.6% | 0.81 | +4.7% | -25.2% |
| ICICI Bank Limited | ₹9.75 L Cr | ₹1,347.6 | 17.6 | 2.69 | 14.9% | 0.57 | +9.1% | -5.0% |
| State Bank of India | ₹9.16 L Cr | ₹996.2 | 10.6 | 1.54 | 14.0% | 1.22 | +9.2% | +16.6% |
| Bajaj Finance Limited | ₹6.31 L Cr | ₹1,040.3 | 31.1 | 5.54 | 16.7% | 3.10 | +19.7% | +4.4% |
| Life Insurance Corporation Of India | ₹5.06 L Cr | ₹407.7 | 8.4 | 2.87 | 32.5% | — | +8.7% | -54.2% |
| Kotak Mahindra Bank Limited | ₹4.08 L Cr | ₹415 | 20.5 | 2.25 | 10.6% | 0.53 | -0.3% | -79.5% |
| Axis Bank Limited | ₹3.86 L Cr | ₹1,240 | 14.0 | 1.80 | 12.3% | 1.30 | +4.0% | +10.1% |
| Bajaj Finserv Limited | ₹2.98 L Cr | ₹1,852.5 | 29.4 | 3.82 | 12.6% | 4.64 | +13.6% | -10.5% |
| Shriram Finance Limited | ₹2.34 L Cr | ₹1,010 | 17.6 | 3.55 | 15.2% | 2.76 | +13.9% | +61.1% |
| SBI Life Insurance Company Limited | ₹1.77 L Cr | ₹1,731 | 68.0 | 9.29 | 12.9% | — | -4.3% | -5.0% |
| ICICI Prudential Asset Management Company Limited | ₹1.53 L Cr | ₹3,098 | 43.8 | 36.57 | 79.1% | — | +23.1% | — |
| Cholamandalam Investment and Finance Company Limited | ₹1.51 L Cr | ₹1,764.5 | 26.5 | 4.95 | 17.2% | 6.95 | +24.9% | +12.1% |
Ranked by market cap within Financial Services, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 30
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
44 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Cholamandalam Investment: Denies Material Information Behind Trading Volume Surge
Cholamandalam Investment and Finance Company Limited stated it has no undisclosed information to explain a recent surge in its equity shares' trading volume. The company attributed the increased activity to market-driven factors. It affirmed compliance with all disclosure regulations.