Cholamandalam Financial Holdings Ltd
CHOLAHLDNG NSE
Cholamandalam Financial Holdings Ltd
Financial ServicesNSE: CHOLAHLDNG BSE: 504973 Investment Company
Key Fundamentals
SmallcapInvestment CompanyFinancial ServicesMarket Cap
₹30,696 Cr
Volatility
Moderate
P/E Ratio
12.52
EBITDA
₹22,047 Cr
Return on Equity
16.17%
Debt to Equity
13.76
Book Value
₹822.62
EPS
₹103.82
52W High
₹2,064
52W Low
₹1,305
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Cholamandalam Financial Holdings Ltd insights
63 extracted metrics + investor summaries across FY10–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company has delivered good profit growth of 24.3% CAGR over last 5 years
Weaknesses
1- Company has low interest coverage ratio.
Growth Rate
Revenue Growth
18.28% ↗
Net Income Growth
15.71% ↘
Cash Flow Change
12.19% ↗
ROE
-7.97% ↘
ROCE
-3.26% ↘
EBITDA Margin (Avg.)
-2.86% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 3d agoAI opinion · based on fundamentals
Risk medium
Cholamandalam Financial Holdings Ltd is a financial services holding company with a market cap of ₹29,520 Cr, trading at a PE of 5.3x and PB of 1.88x. The company has delivered 24% CAGR profit growth over 5 years with consistent ROE averaging 18% over the past decade, though the stock has declined 11% over the last year.
Bull Case 7
- Strong 5-year compounded profit growth of 24% CAGR indicates sustained earnings momentum across market cycles
- Attractive valuation at PE of 5.3x, significantly below typical financial services sector multiples, suggesting potential undervaluation
- Consistent ROE track record — 18% over 5 years, 18% over 10 years, and 19% over 3 years — demonstrates efficient capital deployment
- Robust revenue growth with 3-year compounded sales CAGR of 29% and TTM sales growth of 18%, showing business scalability
- Long-term stock CAGR of 15% over 10 years and 19% over 5 years reflects sustained wealth creation for shareholders
- Price-to-book ratio of 1.88x is reasonable for a holding company delivering consistent 17-19% ROE
- TTM profit growth of 12% continues to show positive earnings trajectory even in a potentially challenging environment
Bear Case 8
- Low interest coverage ratio flags vulnerability to rising interest rates and potential stress on debt servicing capacity
- Stock has declined 11% over the past 1 year, underperforming broader markets and indicating negative near-term sentiment
- Negligible dividend yield of 0.08% offers virtually no income return to shareholders despite profitable operations
- ROE has declined from 19% (3-year average) to 17% in the last year, suggesting potential margin compression or capital inefficiency
- TTM profit growth of 12% marks a deceleration from the 24% CAGR achieved over 3 and 5 years
- As a holding company, valuation is subject to holding company discount, limiting price discovery relative to underlying subsidiary values
- 52-week high and low data unavailable (reported as 0), limiting visibility into recent trading range and volatility assessment
- Debt-to-equity ratio not disclosed, creating uncertainty around leverage levels in a financial services entity where balance sheet health is critical
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 1d ago Positives 1
- ₹1.30 dividend proposed at AGM Jul 22
Cholamandalam Financial Holdings schedules its 77th AGM on August 14, 2026 with a proposed final dividend of ₹1.30 per share and key business resolutions on the agenda.
Neutral 2
- Analyst call on Q1 results Aug 1
Company will host an analyst and investor call on August 14, 2026 to discuss un-audited financial results for the quarter ended June 30, 2026.
- BRSR filed for FY 2025-26 Jul 22
Cholamandalam Financial Holdings filed its Business Responsibility and Sustainability Report for FY 2025-26, detailing consolidated ESG performance across lending and insurance segments.
TL;DR: Recent news flow is routine and governance-oriented with no negative signals. The proposed ₹1.30 dividend signals steady shareholder returns. No operational headwinds or red flags are visible in the latest disclosures. The upcoming Q1 FY27 results call on August 14 will be the next key catalyst for directional clarity.
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,186 | 5,626 | 6,317 | 6,795 | 7,066 | 7,633 | 8,090 | 8,489 | 8,913 | 9,296 | 9,461 | 9,949 | 10,366 |
| Expenses | 2,244 | 2,588 | 2,898 | 2,978 | 2,932 | 3,253 | 3,537 | 3,772 | 3,709 | 4,142 | 4,359 | 4,487 | 4,541 |
| Financing Profit | 1,199 | 1,025 | 1,210 | 1,371 | 1,552 | 1,584 | 1,496 | 1,438 | 1,843 | 1,687 | 1,585 | 1,814 | 2,070 |
| Fin. Margin % | 23% | 18% | 19% | 20% | 22% | 21% | 18% | 17% | 21% | 18% | 17% | 18% | 20% |
| Other Income | 97 | 89 | 55 | 48 | 110 | 45 | 91 | 106 | 98 | 88 | 130 | 137 | 156 |
| Interest | 1,743 | 2,013 | 2,209 | 2,445 | 2,582 | 2,796 | 3,058 | 3,280 | 3,361 | 3,468 | 3,518 | 3,648 | 3,755 |
| Depreciation | 50 | 52 | 52 | 55 | 88 | 70 | 74 | 72 | 79 | 79 | 83 | 87 | 84 |
| PBT | 1,246 | 1,062 | 1,213 | 1,363 | 1,574 | 1,559 | 1,513 | 1,471 | 1,862 | 1,696 | 1,632 | 1,863 | 2,142 |
| Tax % | 28% | 25% | 27% | 25% | 27% | 26% | 26% | 26% | 27% | 26% | 26% | 26% | 24% |
| Net Profit | 901 | 792 | 888 | 1,027 | 1,144 | 1,160 | 1,125 | 1,093 | 1,362 | 1,260 | 1,214 | 1,386 | 1,626 |
| EPS in Rs | 21.72 | 19.78 | 22.41 | 24.88 | 27.32 | 29.2 | 27.99 | 25.89 | 32.68 | 30.81 | 29.29 | 33.32 | 36.59 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9,696 | 8,004 | 2,688 | 8,909 | 10,926 | 13,135 | 13,900 | 14,644 | 18,154 | 25,830 | 33,196 | 39,156 |
| Expenses | 6,542 | 7,029 | 2,377 | 4,490 | 5,147 | 6,588 | 6,807 | 7,210 | 8,597 | 11,389 | 14,269 | 17,523 |
| Financing Profit | 1,051 | -1 | 311 | 1,764 | 2,192 | 1,954 | 2,485 | 3,106 | 3,780 | 5,191 | 6,433 | 7,244 |
| Fin. Margin % | 11% | 0% | 12% | 20% | 20% | 15% | 18% | 21% | 21% | 20% | 19% | 18% |
| Other Income | 123 | 1,538 | 1 | 0 | 21 | 1 | 60 | 92 | 221 | 256 | 262 | 414 |
| Interest | 2,103 | 976 | 0 | 2,655 | 3,587 | 4,592 | 4,608 | 4,328 | 5,778 | 9,249 | 12,494 | 14,388 |
| Depreciation | 171 | 163 | 17 | 70 | 78 | 150 | 145 | 154 | 176 | 248 | 296 | 333 |
| PBT | 1,003 | 1,374 | 295 | 1,695 | 2,135 | 1,806 | 2,400 | 3,044 | 3,824 | 5,200 | 6,400 | 7,326 |
| Tax % | 32% | 27% | 30% | 34% | 34% | 36% | 27% | 26% | 26% | 26% | 26% | 25% |
| Net Profit | 684 | 1,181 | 538 | 1,127 | 1,415 | 1,165 | 1,764 | 2,239 | 2,810 | 3,851 | 4,740 | 5,485 |
| EPS in Rs | 22.68 | 55.47 | 24.26 | 29.32 | 37.12 | 29.34 | 43.93 | 54.49 | 68.71 | 94.39 | 116 | 130 |
| Div. Payout % | 9% | 9% | 1% | 4% | 3% | 2% | 1% | 1% | 1% | 1% | 1% | 1% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 37 | 37 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 2,290 | 3,287 | 2,745 | 3,291 | 3,925 | 4,572 | 5,367 | 6,427 | 7,642 | 10,223 | 12,496 | 15,435 |
| Borrowing | 21,431 | 1,441 | 0 | 38,200 | 50,447 | 55,117 | 63,797 | 69,229 | 97,191 | 1,34,014 | 1,74,366 | 2,10,400 |
| Other Liabilities | 6,579 | 4,900 | 5,129 | 11,897 | 13,546 | 16,147 | 19,432 | 22,097 | 26,181 | 32,662 | 37,732 | 42,476 |
| Total Liabilities | 30,338 | 9,665 | 7,892 | 53,407 | 67,937 | 75,855 | 88,616 | 97,771 | 1,31,033 | 1,76,917 | 2,24,614 | 2,68,331 |
| Fixed Assets | 1,521 | 1,336 | 102 | 311 | 306 | 479 | 447 | 464 | 623 | 1,784 | 2,029 | 2,209 |
| CWIP | 40 | 56 | 0 | 4 | 14 | 11 | 10 | 40 | 60 | 35 | 54 | 97 |
| Investments | 2,665 | 5,141 | 6,536 | 6,211 | 7,552 | 8,893 | 11,678 | 13,282 | 17,536 | 20,058 | 24,271 | 24,968 |
| Other Assets | 26,112 | 3,131 | 1,254 | 46,881 | 60,065 | 66,472 | 76,481 | 83,984 | 1,12,813 | 1,55,041 | 1,98,260 | 2,41,056 |
| Total Assets | 30,338 | 9,665 | 7,892 | 53,407 | 67,937 | 75,855 | 88,616 | 97,771 | 1,31,033 | 1,76,917 | 2,24,614 | 2,68,331 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -1,685 | -500 | 594 | -6,302 | -9,274 | -1,914 | -9,719 | -5,738 | -29,329 | -35,726 | -34,201 | -30,033 |
| Investing | -461 | 193 | -1,263 | -1,825 | -94 | -96 | -62 | -135 | 295 | -2,625 | -1,038 | -2,528 |
| Financing | 1,704 | 748 | -69 | 8,287 | 12,171 | 2,427 | 7,688 | 7,073 | 27,288 | 38,269 | 39,652 | 35,650 |
| Net Cash Flow | -443 | 441 | -738 | 160 | 2,803 | 417 | -2,093 | 1,199 | -1,746 | -82 | 4,413 | 3,089 |
| Free Cash Flow | -1,822 | -674 | 568 | -6,391 | -9,367 | -2,011 | -9,781 | -5,874 | -29,586 | -36,887 | -34,528 | -30,365 |
| CFO/OP | -41 | -13 | 230 | -126 | -145 | -17 | -125 | -65 | -296 | -238 | -173 | -131 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 19% | 21% | 15% | 18% | 19% | 13% | 17% | 17% | 18% | 20% | 19% | 17% |
Documents
1
Announcement under Regulation 30 (LODR)-Press Release / Media Release
8 May - CFHL FY26 audited results: consolidated PAT Rs 5,485 Cr; recommends 130% dividend. 8 May - CFHL FY26 audited results: consolidated PAT Rs 5,485 Cr; recommends 130% dividend.
2
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
8 May - Board approved FY26 audited results, Rs1.30 final dividend, CFO/Manager changes, and 77th AGM on Aug 14, 2026. 8 May - Board approved FY26 audited results, Rs1.30 final dividend, CFO/Manager changes, and 77th AGM on Aug 14, 2026.
3
Announcement under Regulation 30 (LODR)-Change in Management
8 May - Board approved FY26 audited results, Rs1.30 final dividend, CFO/Manager change, and 77th AGM on 14 Aug 2026. 8 May - Board approved FY26 audited results, Rs1.30 final dividend, CFO/Manager change, and 77th AGM on 14 Aug 2026.
4
Announcement under Regulation 30 (LODR)-Retirement
8 May - Board approved FY26 audited results, Rs1.30 final dividend, CFO/Manager change, and AGM on 14 August 2026. 8 May - Board approved FY26 audited results, Rs1.30 final dividend, CFO/Manager change, and AGM on 14 August 2026.
5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
8 May - Audio recording of 8 May 2026 earnings call uploaded on company website. 8 May - Audio recording of 8 May 2026 earnings call uploaded on company website.
Frequently Asked Questions about Cholamandalam Financial Holdings Ltd
What does Cholamandalam Financial Holdings Ltd do?
Cholamandalam Financial Holdings Limited (CFHL) is a part of the Murugappa Group. The Co. is a Core Investment Company registered with the RBI, offering a diverse range of financial products and risk management services to individual and corporate customers through its group companies. [1]
Where is Cholamandalam Financial Holdings Ltd (CHOLAHLDNG) listed?
Cholamandalam Financial Holdings Ltd is listed on the Indian stock exchanges. It is listed on NSE: CHOLAHLDNG and BSE: 504973. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Cholamandalam Financial Holdings Ltd belong to?
Cholamandalam Financial Holdings Ltd operates in the Financial Services sector within the Investment Company industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Cholamandalam Financial Holdings Ltd?
Cholamandalam Financial Holdings Ltd has a market capitalisation of approximately ₹30695.98 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Cholamandalam Financial Holdings Ltd?
The Price-to-Earnings (PE) ratio of Cholamandalam Financial Holdings Ltd is 12.52. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Cholamandalam Financial Holdings Ltd?
Over the past 52 weeks, Cholamandalam Financial Holdings Ltd has traded between a low of ₹1,305 and a high of ₹2,064. This range helps investors understand the stock's price volatility and recent trading levels.
Does Cholamandalam Financial Holdings Ltd pay dividends?
Yes, Cholamandalam Financial Holdings Ltd has a dividend yield of 0.08%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Cholamandalam Financial Holdings Ltd?
Cholamandalam Financial Holdings Ltd has a Return on Equity (ROE) of 16.17%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Cholamandalam Financial Holdings Ltd on Tapetide?
On Tapetide, you can view Cholamandalam Financial Holdings Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Cholamandalam Financial Holdings Limited (CFHL) is a part of the Murugappa Group. The Co. is a Core Investment Company registered with the RBI, offering a diverse range of financial products and risk management services to individual and corporate customers through its group companies. [1]
Website cholafhl.com
CEO Mr. N. Ganesh
Employees 48,434
Listed 2017-09-25
Face Value ₹ 1
Issued Size 18,77,77,462