āagmanLoginNot investment advice. Data and computed figures, for information only.
Cholamandalam Investment & Finance Company Ltd
₹1,586.00
+₹23.00 (+1.47%)
NSE · 15 Oct 2026, close
Market Cap
₹1,35,639 Cr
CMP
₹1,586.00
52-wk High / Low
₹1,953 / 1,299
P/E
23.6
P/B
4.5
Book Value
₹357.0
Div Yield
0.13%
ROCE
9.7%
ROE
19.0%
Face Value
₹2
D/E
6.93
Price−1.7% over 1Y
āagman read
Computed by āagmanPiotroski F-Score
2
/ 9
2 of 9 F-score tests passed
Graham Number
₹702
√(22.5 × EPS × book value per share)
Cash flow to profit
−5.74
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Sustainable growth
18.4%
ROE × earnings retention ratio
ROE stability
0.5
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.02FII −0.41DII +0.71
Latest quarter vs the previous one
Cash-accrual divergence
15.8%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 4.8pp over the last year
Watch-outs
−Borrowings are up 836.2% since FY2016 (22546 to 211070)
−Price trades below its 200-day moving average (0.9x)
−Promoter holding fell by 2.2pp over the last year
−Piotroski F-Score of 2/9 is in the weak band (≤3)
−Balance-sheet accruals of 15.8% of average assets — earnings are not cash-backed
Peer comparison
| Name | P/E | Mar Cap ₹ Cr | ROCE % | ROE % |
|---|
Quarterly results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,100 | 4,623 | 5,007 | 5,410 | 5,812 | 6,255 | 6,733 | 7,046 | 7,267 | 7,491 | 7,898 | 8,417 | 8,856 |
| Expenses | 1,174 | 1,391 | 1,412 | 1,417 | 1,727 | 1,897 | 2,038 | 2,010 | 2,286 | 2,460 | 2,554 | 2,597 | 2,652 |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 71 | 73 | 47 | 105 | 45 | 68 | 105 | 92 | 87 | 123 | 111 | 148 | 102 |
| Interest | 2,006 | 2,204 | 2,441 | 2,579 | 2,796 | 3,059 | 3,275 | 3,365 | 3,468 | 3,517 | 3,646 | 3,753 | 4,007 |
| Depreciation | 39 | 39 | 46 | 75 | 59 | 63 | 59 | 64 | 67 | 71 | 74 | 72 | 75 |
| Profit before tax | 952 | 1,062 | 1,156 | 1,444 | 1,275 | 1,305 | 1,466 | 1,699 | 1,532 | 1,566 | 1,736 | 2,143 | 2,224 |
| Net Profit | 710 | 773 | 872 | 1,065 | 947 | 968 | 1,088 | 1,260 | 1,138 | 1,160 | 1,290 | 1,645 | 1,656 |
| EPS (₹) | 8.64 | 9.40 | 10.39 | 12.68 | 11.27 | 11.52 | 12.94 | 14.98 | 13.53 | 13.78 | 15.28 | 19.31 | 19.43 |
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,715 | 4,214 | 4,694 | 5,559 | 7,108 | 8,712 | 9,583 | 10,148 | 12,884 | 19,163 | 25,890 | 31,120 | 32,663 |
| Expenses | 1,061 | 1,266 | 1,322 | 1,451 | 1,632 | 2,421 | 2,858 | 2,926 | 3,621 | 5,385 | 7,670 | 9,890 | 10,264 |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 2 | 3 | 0 | 1 | 0 | 0 | 84 | 220 | 255 | 261 | 412 | 484 |
| Interest | 1,958 | 2,048 | 2,228 | 2,657 | 3,588 | 4,592 | 4,576 | 4,298 | 5,748 | 9,231 | 12,495 | 14,384 | 14,923 |
| Depreciation | 30 | 22 | 39 | 51 | 57 | 111 | 102 | 101 | 121 | 198 | 245 | 284 | 292 |
| Profit before tax | 666 | 879 | 1,107 | 1,401 | 1,832 | 1,588 | 2,048 | 2,908 | 3,615 | 4,605 | 5,741 | 6,973 | 7,668 |
| Net Profit | 444 | 575 | 718 | 918 | 1,197 | 1,054 | 1,521 | 2,154 | 2,665 | 3,420 | 4,263 | 5,233 | 5,751 |
| EPS (₹) | 6.18 | 7.36 | 9.21 | 11.76 | 15.32 | 12.86 | 18.55 | 26.23 | 32.42 | 40.72 | 50.69 | 61.41 | 67.80 |
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 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 144 | 156 | 156 | 156 | 156 | 164 | 164 | 164 | 164 | 168 | 168 | 170 | — |
| Reserves | 2,531 | 3,514 | 4,142 | 4,969 | 6,052 | 8,036 | 9,436 | 11,605 | 14,182 | 19,425 | 23,500 | 30,288 | — |
| Other Liabilities | 1,243 | 1,673 | 2,230 | 711 | 715 | 853 | 1,314 | 1,536 | 1,923 | 2,618 | 3,182 | 3,920 | — |
| Total Liabilities | 23,868 | 27,889 | 30,598 | 44,167 | 57,490 | 64,058 | 74,644 | 82,478 | 1,13,627 | 1,56,686 | 2,01,887 | 2,45,448 | — |
| Fixed Assets | 69 | 120 | 150 | 170 | 167 | 283 | 228 | 259 | 403 | 1,563 | 1,780 | 1,869 | — |
| CWIP | 0 | 0 | 0 | 4 | 14 | 11 | 10 | 37 | 60 | 13 | 11 | 42 | — |
| Investments | 25 | 16 | 182 | 23 | 42 | 33 | 1,583 | 2,055 | 3,562 | 4,036 | 6,367 | 6,646 | — |
| Other Assets | 23,775 | 27,753 | 30,266 | 43,970 | 57,267 | 63,732 | 72,823 | 80,127 | 1,09,602 | 1,51,075 | 1,93,729 | 2,36,892 | — |
| Total Assets | 23,868 | 27,889 | 30,598 | 44,167 | 57,490 | 64,058 | 74,644 | 82,478 | 1,13,627 | 1,56,686 | 2,01,887 | 2,45,448 | — |
| Borrowing | 19,950 | 22,546 | 24,071 | 38,330 | 50,567 | 55,005 | 63,730 | 69,174 | 97,358 | 1,34,475 | 1,75,036 | 2,11,070 | — |
Cash Flows
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | −2,264 | −2,809 | −1,468 | −7,926 | −9,317 | −2,075 | −8,842 | −5,571 | −27,105 | −35,683 | −32,413 | −30,021 |
| Cash from Investing Activity | −40 | −137 | −222 | −60 | −11 | −54 | −1,572 | 1,640 | −2,148 | −2,855 | −2,948 | −2,554 |
| Cash from Financing Activity | 1,819 | 3,031 | 1,692 | 8,009 | 12,191 | 2,452 | 8,516 | 5,150 | 27,466 | 38,471 | 39,795 | 35,610 |
| Net Cash Flow | −485 | 85 | 2 | 22 | 2,862 | 323 | −1,898 | 1,218 | −1,787 | −66 | 4,434 | 3,035 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | — | — | — | — | — | — | — | — | — | — | — | 9.7 |
| ROE % | 18.0 | 18.0 | 18.0 | 20.0 | 21.0 | 15.0 | 17.0 | 20.0 | 20.0 | 20.0 | 20.0 | 19.0 |
| EPS (₹) | 6.18 | 7.36 | 9.21 | 11.76 | 15.32 | 12.86 | 18.55 | 26.23 | 32.42 | 40.72 | 50.69 | 61.41 |
| Book Value (₹) | — | — | — | — | — | — | — | — | — | — | — | 357.0 |
| Face Value (₹) | — | — | — | — | — | — | — | — | — | — | — | 2 |
| P/E | — | — | — | — | — | — | — | — | — | — | — | 23.6 |
| Div Yield % | — | — | — | — | — | — | — | — | — | — | — | 0.13 |
| NPM % | 12.0 | 13.6 | 15.3 | 16.5 | 16.8 | 12.1 | 15.9 | 21.1 | 20.3 | 17.6 | 16.3 | 16.6 |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — |
| D/E | 7.46 | 6.14 | 5.60 | 7.48 | 8.15 | 6.71 | 6.64 | 5.88 | 6.79 | 6.86 | 7.40 | 6.93 |
| P/B | — | — | — | — | — | — | — | — | — | — | — | 4.5 |
Growth
Compounded sales growth
10 years+22.0%
5 years+27.0%
3 years+34.0%
TTM+20.0%
Compounded profit growth
10 years+25.0%
5 years+28.0%
3 years+25.0%
TTM+29.0%
Stock price CAGR
10 years+21.0%
5 years+23.0%
3 years+8.0%
Last year−2.0%
Return on equity
10 years19.0%
5 years20.0%
3 years20.0%
Last year19.0%
Documents
Announcements
Closure of Trading WindowBoard Meeting Intimation for Intimation Of Board MeetingAnnouncement under Regulation 30 (LODR)-Conversion of SecuritiesAnnouncement under Regulation 30 (LODR)-Allotment of ESOP / ESPSAnnouncement under Regulation 30 (LODR)-Allotment of ESOP / ESPSCorporate actions
21 Jul 2026DIVIDENDDividend - Re 0.70 Per Share—
5 Feb 2026DIVIDENDInterim Dividend - Rs 1.30 Per Share—
24 Jul 2025DIVIDENDDividend - Re 0.70 Per Share—
7 Feb 2025DIVIDENDInterim Dividend - Rs 1.30 Per Share—
19 Jul 2024DIVIDENDDividend - Re 0.70 Per Share—
7 Feb 2024DIVIDENDInterim Dividend - Rs 1.30 Per Share—
25 Jul 2023DIVIDENDAnnual General Meeting/Dividend - Re 0.70 Per Share—
10 Feb 2023DIVIDENDInterim Dividend - Rs 1.30 Per Share—
21 Jul 2022DIVIDENDDividend - Rs 0.70 Per Share—
10 Feb 2022DIVIDENDInterim Dividend - Rs 1.30 Per Share—
22 Jul 2021DIVIDEND Annual General Meeting/Dividend - Rs 0.70 Per Share—
9 Feb 2021DIVIDEND Interimdividend - Rs 1.30 Per Share—
4 Mar 2020DIVIDEND Interim Dividend-Re 0.70 Per Share—
23 Dec 2019DIVIDEND Interim Dividend - Re 1 Pr Sh—
22 Jul 2019DIVIDEND Annual General Meeting/Dividend - Re 0.40 Per Share—
14 Jun 2019SPLIT Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share10 : 2
8 Feb 2019DIVIDEND Interim Dividend - Rs 4.50 Per Share—
18 Jul 2018DIVIDEND Annual General Meeting / Dividend- Rs 2 Per Share—
9 Feb 2018DIVIDEND Interim Dividend Rs 4.50 Per Share—
19 Jul 2017DIVIDEND Annual General Meeting/Dividend - Rs 2/- Per Share—
6 Feb 2017DIVIDEND Interim Dividend Rs 3.50 Per Share—
21 Jul 2016DIVIDEND Annual General Meeting/ Dividend- Rs 2/- Per Share—
9 Feb 2016DIVIDEND Interim Dividend Rs 2.50 Per Share—
23 Jul 2015DIVIDENDAnnual General Meeting/Dividend Re 1/- Per Share—
5 Feb 2015DIVIDENDInterim Dividend - Rs 2.50/- Per Share—
23 Jul 2014DIVIDENDAnnual General Meeting / Final Dividend - Re 1/- Per Share—
6 Feb 2014DIVIDENDInterim Dividend Rs 2.50/- Per Share—
24 Jul 2013DIVIDENDAnnual General Meeting / Final Dividend Re.1/- Per Equity Share—
30 Jan 2013DIVIDENDInterim Dividend Rs 2.50 Per Share—
23 Jul 2012DIVIDENDAnnual General Meeting/Dividend Re 1 Per Share—
13 Feb 2012DIVIDENDInterim Dividend Rs.1.50 Per Share—
21 Jul 2011DIVIDENDAnnual General Meeting And Dividend Rs.1.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman