BSE: 511243 | NSE: CHOLAFIN | Finance - NBFC | Large Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Cholamandalam Investment and Finance Company Ltd is a good quality company.
The key valuation ratios of Cholamandalam Investment and Finance Company Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Cholamandalam Investment and Finance Company Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Income (₹ Cr.) | 3,279 | 3,715 | 4,214 | 4,693 | 5,559 | 7,088 | 8,712 | 9,579 | 10,141 | 12,884 | 22,496 | |
| YoY Gr. Rt. % | - | 13.3% | 13.4% | 11.4% | 18.4% | 27.5% | 22.9% | 10% | 5.9% | 27.1% | - | |
| Adj EPS (₹ ) | 5.1 | 6.1 | 7.3 | 9.2 | 11.8 | 15.3 | 12.9 | 18.6 | 26.2 | 32.4 | 45.8 | |
| YoY Gr. Rt. % | - | 19.5% | 19.4% | 25.7% | 27.7% | 30.3% | -16.1% | 44.3% | 41.4% | 23.6% | - | |
| BVPS (₹ ) | 31.9 | 37.2 | 47 | 55 | 65.4 | 79.2 | 99.7 | 116.7 | 142.7 | 173.5 | 254.7 | |
| YoY Gr. Rt. % | - | 16.5% | 26.3% | 17% | 19% | 21% | 25.9% | 17% | 22.3% | 21.6% | - | |
| To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ | ||||||||||||
| Net Profit/Total Funds (%) | 1.9 | 2 | 2.2 | 2.5 | 2.5 | 2.4 | 1.8 | 2.2 | 2.8 | 2.8 | 0 | |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 16.4% | 18.3% | 13.9% | 27.1% | ||||||||
| Adj EPS | 22.7% | 22.5% | 36.1% | 23.6% | ||||||||
| BVPS | 20.7% | 21.5% | 20.3% | 21.6% | ||||||||
| Share Price | 29.6% | 30.7% | 27.4% | 10.5% | ||||||||
| RATIOS \ YEARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Quality Ratio | To view Asset Quality Ratio Colour Rating Guide click here ⓘ | |||||||||||
| Net NPA to Net Advances (%) | 0.7 | 2 | 2.1 | 3.2 | 2.2 | 1.7 | 2.2 | 2.2 | 0 | 0 | - | |
| Capitalization Ratio | To view Capitalization Ratio Colour Rating Guide click here ⓘ | |||||||||||
| Capital Adequacy Ratio (%) | 17.2 | 21.2 | 19.7 | 18.6 | 18.4 | 17.4 | 20.7 | 19.1 | 0 | 0 | - | |
| Margins | ||||||||||||
| Net Profit Margin (%) | 11.2 | 12 | 13.6 | 15.3 | 16.5 | 16.9 | 12.1 | 15.9 | 21.3 | 20.8 | 17.1 | |
| Performance Ratios | To view Performance Ratios Colour Rating Guide click here ⓘ | |||||||||||
| Return on Equity (%) | 17.4 | 17.9 | 18.1 | 18 | 19.5 | 21.2 | 14.7 | 17.2 | 20.3 | 20.6 | 18 | |
Return on Equity has increased versus last 3 years average to 21.40%
Total Income has increased 13.93 CAGR in last 3 years
Net Profit has increased 36.10 CAGR in last 3 years
Total income growth is good in last 4 quarters
No data to display
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 45.7 | 45.8 |
| TTM Sales (₹ Cr.) | 22,385 | 22,496 |
| BVPS (₹.) ⓘ | 254.1 | 254.7 |
| Reserves (₹ Cr.) ⓘ | 21,196 | 21,243 |
| P/BV ⓘ | 4.76 | 4.75 |
| PE ⓘ | 26.48 | 26.40 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 1011.50 / 1650.00 |
| All Time Low / High (₹) | 2.74 / 1650.00 |
| Market Cap (₹ Cr.) | 1,01,686 |
| Equity (₹ Cr.) | 168.1 |
| Face Value (₹) | 2 |
| Industry PE ⓘ | 27.7 |
| Pledged * | 0.03 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income | 3,900 | 4,349 | 4,928 | 5,562 | 7,111 | 8,714 | 9,640 | 10,233 | 13,106 | 19,422 |
| Interest Income | 3,715 | 4,214 | 4,693 | 5,559 | 7,088 | 8,712 | 9,579 | 10,141 | 12,884 | 19,140 |
| Other Income ⓘ | 186 | 135 | 234 | 3 | 24 | 2 | 61 | 92 | 222 | 282 |
| Expenditure ⓘ | 3,234 | 3,469 | 3,820 | 4,161 | 5,280 | 7,126 | 7,592 | 7,325 | 9,491 | 14,817 |
| Interest Expense ⓘ | 1,958 | 2,048 | 2,228 | 2,657 | 3,588 | 4,592 | 4,576 | 4,298 | 5,748 | 9,231 |
| Operating Expenses ⓘ | 755 | 847 | 1,028 | 1,176 | 1,353 | 1,592 | 1,603 | 2,107 | 2,841 | 4,150 |
| Provisions | 521 | 574 | 565 | 329 | 339 | 942 | 1,414 | 920 | 902 | 1,436 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 666 | 879 | 1,107 | 1,401 | 1,832 | 1,588 | 2,048 | 2,908 | 3,615 | 4,605 |
| Taxes ⓘ | 222 | 305 | 390 | 483 | 635 | 534 | 527 | 749 | 938 | 1,195 |
| Profit After Tax | 444 | 575 | 718 | 918 | 1,197 | 1,054 | 1,521 | 2,159 | 2,677 | 3,411 |
| Adjusted EPS (₹) | 6.1 | 7.3 | 9.2 | 11.8 | 15.3 | 12.9 | 18.6 | 26.2 | 32.4 | 40.7 |
| Dividend Payout Ratio (%) | 11% | 12% | 12% | 11% | 8% | 13% | 11% | 8% | 6% | 5% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Equity Capital | 3,174 | 3,670 | 4,298 | 5,125 | 6,209 | 8,200 | 9,600 | 11,769 | 14,346 | 19,592 |
| Share Capital ⓘ | 644 | 156 | 156 | 156 | 156 | 164 | 164 | 164 | 164 | 168 |
| Reserves ⓘ | 2,530 | 3,513 | 4,141 | 4,969 | 6,052 | 8,036 | 9,436 | 11,605 | 14,182 | 19,424 |
| Minority Interest | 0 | 4 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long Term Borrowings | 12,603 | 11,224 | 15,572 | 34,710 | 45,256 | 51,449 | 58,498 | 64,585 | 90,028 | 1,26,787 |
| Current Liabilities | 7,906 | 12,710 | 10,411 | 3,966 | 5,566 | 3,882 | 5,778 | 5,450 | 8,641 | 9,651 |
| Trade Payables | 167 | 209 | 299 | 315 | 360 | 320 | 641 | 848 | 1,236 | 1,634 |
| Short term borrowings | 2,676 | 3,971 | 3,230 | 3,262 | 4,859 | 3,038 | 4,472 | 3,921 | 6,722 | 7,035 |
| Other Liabilities | -2,843 | -4,180 | -3,529 | -3,576 | -5,220 | -3,358 | -5,113 | -4,768 | -7,958 | -8,667 |
| Total Liabilities ⓘ | 23,683 | 27,607 | 30,283 | 43,801 | 57,030 | 63,531 | 73,875 | 81,804 | 1,13,015 | 1,56,031 |
Assets | ||||||||||
| Non Current Asset | 16,227 | 18,842 | 20,873 | 42,640 | 53,024 | 55,937 | 67,899 | 76,821 | 1,09,188 | 1,50,641 |
| Loan Asset | 15,468 | 18,188 | 19,935 | 42,244 | 52,611 | 55,396 | 65,839 | 74,145 | 1,04,810 | 1,44,463 |
| Other Non Current Asset ⓘ | 759 | 654 | 938 | 396 | 413 | 541 | 2,060 | 2,676 | 4,379 | 6,179 |
| Current Asset | 7,456 | 8,765 | 9,409 | 1,161 | 4,006 | 7,594 | 5,976 | 4,983 | 3,827 | 5,389 |
| Current Investment | 9 | 4 | 48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Asset | 7,447 | 8,761 | 9,362 | 1,161 | 4,006 | 7,594 | 5,976 | 4,983 | 3,827 | 5,389 |
| Total Assets ⓘ | 23,683 | 27,607 | 30,283 | 43,801 | 57,030 | 63,531 | 73,875 | 81,804 | 1,13,015 | 1,56,031 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -2,264 | -2,809 | -1,468 | -7,926 | -9,317 | -2,075 | -8,848 | -5,571 | -27,105 | -35,683 |
| Cash Flow From Investing Activity ⓘ | -40 | -140 | -222 | -60 | -11 | -54 | -1,746 | 1,640 | -2,148 | -2,855 |
| Cash Flow From Financing Activity ⓘ | 1,819 | 3,031 | 1,692 | 8,009 | 12,191 | 2,452 | 8,707 | 5,150 | 27,466 | 38,471 |
| Net Cash Flow ⓘ | -485 | 82 | 2 | 22 | 2,862 | 323 | -1,888 | 1,218 | -1,787 | -66 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Operational & Financial Ratios |
||||||||||
| EPS (₹) | 31 | 37 | 46 | 59 | 77 | 13 | 19 | 26 | 32 | 41 |
| DPS (₹) | 4 | 5 | 6 | 7 | 7 | 2 | 2 | 2 | 2 | 2 |
| BVPS (₹) | 186 | 235 | 275 | 327 | 396 | 100 | 117 | 143 | 174 | 232 |
Performance Ratios | ||||||||||
| ROA (%) | 2.0 | 2.2 | 2.5 | 2.5 | 2.4 | 1.8 | 2.2 | 2.8 | 2.8 | 2.5 |
| ROE (%) | 17.9 | 18.1 | 18.0 | 19.5 | 21.2 | 14.7 | 17.2 | 20.3 | 20.6 | 20.2 |
| ROCE (%) | 12.2 | 12.0 | 12.2 | 11.3 | 10.8 | 10.3 | 9.7 | 9.3 | 9.7 | 10.4 |
Valuation Parameters | ||||||||||
| Price/Book(x) | 3.2 | 3.0 | 3.5 | 4.4 | 3.7 | 1.5 | 4.8 | 5.0 | 4.4 | 5.0 |
Cholamandalam Investment and Finance Company Limited (Chola) incorporated in 1978 as the financial services arm of the Murugappa Group. Chola commenced business as an equipment financing company and has today emerged as a comprehensive financial services provider offering vehicle finance, home loans, home equity loans, SME loans, investment advisory services, stock broking and a variety of other financial services to customers. The Company is listed on Bombay Stock Exchange and National Stock Exchange.
Business area of the company
The Company is one of the premier diversified non-banking finance companies in India, engaged in providing vehicle finance, home loans and Loan against property.
Products/ Services
Awards
2015-16:
2016-17:
2017-18:
2018-19:
2019-20:
Milestones:
2015:
2016:
2017:
2019:
2020:
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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