CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED

Cash flow Cholamandalam Investment and Finance Company Limited

Equities

CHOLAFIN

INE121A01024

Consumer Lending

Market Closed - Bombay S.E. Other stock markets 05:18:24 2026-03-06 am EST			5-day change	1st Jan Change
1,625.50 ^INR	-2.73%		-6.08%	-4.51%

Feb. 26	Cholamandalam Investment and Finance Co clarifies on report "Vellayan Subbiah to exit Cholamandalam Investment Finance"	RE
Feb. 08	India new issue - Cholamandalam Investment to reissue near 2-year bonds, bankers say	RE

67027e5bb7f6cf3869f74596b2fdff80.X5a6BTmySVSiXgqOaz3LaS9sdrJ00hXVL9tD2SrWO8E.b-_1MnL8Ew3BM0T6JQWdHEUtFdUhl1mvaJEM4GS5fvMR3s1rStAsZuttTw

Published financial data: CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Interest and Dividend Income, Total	92.25B	95.67B	121B	176B	237B
Interest Expense, Total	45.6B	42.79B	57.33B	92.13B	125B
Net Interest Income	46.65B	52.89B	63.49B	84.14B	113B
Commission and Fees	2.69B	4.73B	6.51B	13.42B	17.39B
Other Revenues, Total	854M	1.01B	1.51B	1.71B	3.59B
Revenues Before Provison For Loan Losses	50.19B	58.62B	71.51B	99.27B	134B
Provision For Loan Losses	-	8.8B	8.5B	13.18B	24.94B
Total Revenues	50.19B	49.82B	63.01B	86.09B	109B
Salaries And Other Employee Benefits	7.92B	9.57B	13.6B	24.79B	33.28B
Cost of Services Provided, Total	229M	300M	431M	596M	653M
Depreciation & Amortization - (IS) - (Collected)	1.02B	1.01B	1.21B	1.98B	2.45B
Other Operating Expenses	20.58B	9.93B	11.62B	12.9B	15.39B
Total Operating Expenses	29.75B	20.81B	26.86B	40.26B	51.77B
Operating Income	20.44B	29.01B	36.15B	45.83B	57B
Income (Loss) on Equity Invest.	-5.3M	-53.8M	-118M	93.2M	27M
Other Non Operating Income (Expenses)	39.8M	66.3M	-	900K	408M
EBT, Excl. Unusual Items	20.48B	29.03B	36.03B	45.92B	57.43B
Gain (Loss) on Sale of Investments	-	-4M	-	234M	28.6M
Gain (Loss) on Sale of Assets	-5.2M	-700K	-6.6M	-10.4M	-20.6M
Insurance Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	20.47B	29.02B	36.03B	46.15B	57.44B
Income Tax Expense	5.27B	7.49B	9.38B	11.95B	14.81B
Earnings From Continuing Operations	15.21B	21.54B	26.65B	34.2B	42.63B
Net Income to Company	15.21B	21.54B	26.65B	34.2B	42.63B
Minority Interest	-	-	-	-	-
Net Income - (IS)	15.21B	21.54B	26.65B	34.2B	42.63B
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	15.21B	21.54B	26.65B	34.2B	42.63B
Net Income to Common Excl. Extra Items	15.21B	21.54B	26.65B	34.2B	42.63B
Per Share Items
Net EPS - Basic	18.55	26.24	32.42	41.17	50.72
Basic EPS - Continuing Operations	18.55	26.24	32.42	41.17	50.72
Basic Weighted Average Shares Outstanding	820M	821M	822M	831M	840M
Net EPS - Diluted	18.52	26.19	32.38	41.06	50.6
Diluted EPS - Continuing Operations	18.52	26.19	32.38	41.06	50.6
Diluted Weighted Average Shares Outstanding	821M	822M	823M	833M	842M
Normalized Basic EPS	15.62	22.11	27.4	34.55	42.71
Normalized Diluted EPS	15.59	22.07	27.37	34.46	42.61
Dividend Per Share	2	2	2	2	2
Payout Ratio	7.01	7.62	6.17	4.88	3.94
Supplemental Items
Total Revenues (As Reported)	95.84B	102B	131B	194B	262B
Effective Tax Rate - (Ratio)	25.72	25.8	26.03	25.89	25.79
Current Domestic Taxes	7.57B	6.95B	8.86B	12.22B	17.27B
Total Current Taxes	7.57B	6.95B	8.86B	12.22B	17.27B
Deferred Domestic Taxes	-2.31B	535M	522M	-269M	-2.45B
Total Deferred Taxes	-2.31B	535M	522M	-269M	-2.45B
Normalized Net Income	12.8B	18.14B	22.52B	28.7B	35.9B
Non-Cash Pension Expense	9.4M	12.7M	7.8M	13.5M	8.7M
Supplemental Operating Expense Items
Stock-Based Comp., G&A Exp. (Total)	56.4M	205M	285M	554M	744M
Total Stock-Based Compensation	56.4M	205M	285M	554M	744M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	15.93B	26.99B	9.12B	8.46B	52.8B
Long-Term Investments - (FS Template)	15.83B	20.55B	35.62B	40.36B	63.67B
Trading Asset Securities, Total	459M	1.87B	2.73B	2.48B	2.03B
Loans and Lease Receivables - (FS Template)	658B	741B	1,048B	1,445B	1,820B
Other Receivables	6.82B	7.14B	7.03B	9.42B	8.43B
Gross Property Plant And Equipment	4.54B	5.85B	8.17B	20.89B	22.52B
Accumulated Depreciation	-2.46B	-3.2B	-4.07B	-5.49B	-4.94B
Net Property Plant And Equipment	2.08B	2.65B	4.1B	15.39B	17.58B
Goodwill	-	-	-	-	-
Other Intangibles, Total	291M	306M	526M	364M	329M
Other Current Assets, Total	38.74B	16.33B	21.86B	38.06B	42.67B
Deferred Tax Assets Long-Term (Collected)	7.69B	6.75B	6.11B	6.56B	9.49B
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	194M	756M	1.07B	1.15B	1.49B
Total Assets	746B	825B	1,136B	1,567B	2,019B
Liabilities
Interest Bearing Deposits	-	-	-	-	-
Deposits	-	-	-	-	-
Accounts Payable, Total	2.79B	1.28B	1.72B	2.96B	2.37B
Accrued Expenses, Total	928M	1.26B	1.31B	2.21B	2.72B
Short-Term Borrowings	45.99B	40.9B	68.57B	72.22B	92.14B
Current Portion of Long-Term Debt	201B	207B	272B	402B	483B
Current Portion of Leases	445M	471M	1.04B	716M	921M
Long-Term Debt	392B	445B	635B	873B	1,178B
Long-Term Leases	480M	633M	634M	3.01B	4.67B
Current Income Taxes Payable	422M	-	-	-	-
Unearned Revenue, Current	-	-	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	3.95B	8.99B	11.76B	13.86B	16.65B
Unearned Revenue Non Current	115M	60.7M	29.6M	51.4M	54.1M
Deferred Tax Liability Non-Current	-	6.5M	-	-	-
Other Non Current Liabilities	2.73B	972M	1.4B	1.51B	1.6B
Total Liabilities	650B	707B	993B	1,371B	1,782B
Common Stock, Total	1.64B	1.64B	1.64B	1.68B	1.68B
Additional Paid In Capital	28.66B	28.89B	29.13B	49.17B	49.64B
Retained Earnings	66.03B	85.92B	111B	143B	184B
Comprehensive Income and Other	-331M	1.24B	1.76B	1.68B	1.12B
Total Common Equity	96B	118B	143B	196B	237B
Minority Interest	-	-	-	-	-
Total Equity	96B	118B	143B	196B	237B
Total Liabilities And Equity	746B	825B	1,136B	1,567B	2,019B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	820M	821M	822M	840M	841M
ECS Total Common Shares Outstanding	820M	821M	822M	840M	841M
Book Value / Share	117.07	143.34	174.52	233.26	281.45
Tangible Book Value	95.71B	117B	143B	196B	236B
Tangible Book Value Per Share	116.71	142.96	173.88	232.83	281.06
Total Debt	639B	695B	977B	1,350B	1,759B
Debt Equivalent of Unfunded Proj. Benefit Obligation	203M	122M	45.7M	349M	825M
Net Debt	623B	666B	965B	1,339B	1,704B
Equity Method Investments, Total	242M	4.79B	4.51B	4.56B	4.59B
Full Time Employees	7.62K	9.12K	13.25K	38.24K	45.19K

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	15.21B	21.54B	26.65B	34.2B	42.63B
Depreciation, Depletion & Amortization	880M	861M	1.09B	1.79B	2.28B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Total Depreciation, Depletion & Amortization	880M	861M	1.09B	1.79B	2.28B
Amortization of Deferred Charges, Total	143M	145M	121M	194M	173M
(Gain) Loss On Sale of Asset - (CF)	5.4M	700K	7.6M	10.4M	20.6M
(Gain) Loss on Sale of Investments - (CF)	13.17B	-161M	-697M	-1.75B	-1.91B
Total Asset Writedown	-	-	-	192M	17.9M
Provision for Credit Losses	-	8.8B	8.48B	13.1B	24.95B
Stock-Based Compensation (CF)	56.4M	205M	285M	554M	744M
Change in Accounts Payable	-	-	-	-	-
Change in Other Net Operating Assets (Collected)	-117B	-88.08B	-312B	-409B	-397B
Other Operating Activities	-1.38B	979M	5.03B	3.5B	4.05B
Cash from Operations	-88.42B	-55.71B	-271B	-357B	-324B
Capital Expenditure	-329M	-959M	-1.89B	-10.76B	-2B
Sale of Property, Plant, and Equipment	15M	19.2M	18.6M	54.3M	129M
Purchase / Sale of Intangible Assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-15.41B	17.34B	-19.61B	-17.84B	-27.61B
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-15.72B	16.4B	-21.48B	-28.55B	-29.48B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	672B	353B	1,080B	1,445B	1,608B
Total Debt Issued	672B	353B	1,080B	1,445B	1,608B
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-584B	-300B	-804B	-1,078B	-1,208B
Total Debt Repaid	-584B	-300B	-804B	-1,078B	-1,208B
Issuance of Common Stock	93.6M	231M	243M	20.09B	475M
Common Dividends Paid	-1.07B	-1.64B	-1.64B	-1.67B	-1.68B
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-1.07B	-1.64B	-1.64B	-1.67B	-1.68B
Other Financing Activities, Total	-1.84B	-	-	-	-
Cash from Financing	85.16B	51.5B	275B	385B	398B
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-18.98B	12.18B	-17.87B	-662M	44.34B
Supplemental Items
Cash Interest Paid	45.45B	41.18B	52.8B	87.45B	120B
Cash Income Tax Paid (Refund)	6.99B	8.47B	9.03B	13.08B	15.41B
Net Debt Issued / Repaid	87.98B	52.91B	276B	366B	399B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.19	2.74	2.72	2.53	2.38
Return On Equity %	17.09	20.16	20.41	20.15	19.71
Return on Common Equity	17.09	20.16	20.41	20.15	19.71
Margin Analysis
Gross Profit Margin %	99.93	99.89	99.87	99.88	99.91
SG&A Margin	16.16	19.7	22.15	29.36	31.1
Income From Continuing Operations Margin %	30.3	43.22	42.29	39.73	39.19
Net Income Margin %	30.3	43.22	42.29	39.73	39.19
Net Avail. For Common Margin %	30.3	43.22	42.29	39.73	39.19
Normalized Net Income Margin	25.5	36.41	35.74	33.34	33
Asset Turnover
Asset Turnover	0.07	0.06	0.06	0.06	0.06
Short Term Liquidity
Current Ratio	2.82	3.05	3.06	3.05	3.22
Quick Ratio	2.67	2.99	3	2.97	3.15
Operating Cash Flow to Current Liabilities	-0.35	-0.21	-0.76	-0.72	-0.54
Long Term Solvency
Total Debt/Equity	666.16	590.14	680.74	689.19	743.09
Total Debt / Total Capital	86.95	85.51	87.19	87.33	88.14
LT Debt/Equity	408.91	378.7	442.77	447.02	499.84
Long-Term Debt / Total Capital	53.37	54.87	56.71	56.64	59.29
Total Liabilities / Total Assets	87.14	85.73	87.37	87.5	88.28
Tier 1 Capital Ratio %	15.16	16.49	14.78	15.1	14.41
Total Capital Ratio %	19.1	19.62	17.13	18.57	19.75
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	21.41	36.82	26.48	36.62	26.35
Gross Profit, 1 Yr. Growth %	21.44	36.81	26.47	36.63	26.38
Earnings From Cont. Operations, 1 Yr. Growth %	44.33	41.6	23.74	28.34	24.64
Net Income, 1 Yr. Growth %	44.33	41.6	23.74	28.34	24.64
Normalized Net Income, 1 Yr. Growth %	28.97	41.74	24.16	27.44	25.07
Diluted EPS Before Extra, 1 Yr. Growth %	38.52	41.41	23.63	26.81	23.23
Common Equity, 1 Yr. Growth %	17.07	22.6	21.9	36.58	20.8
Total Assets, 1 Yr. Growth %	16.53	10.5	37.77	37.9	28.85
Tangible Book Value, 1 Yr. Growth %	17.16	22.65	21.77	36.82	20.86
Cash From Operations, 1 Yr. Growth %	326.17	-37.03	386.51	31.65	-9.16
Capital Expenditures, 1 Yr. Growth %	-54.04	191.61	97.53	468.09	-81.46
Dividend Per Share, 1 Yr. Growth %	17.65	0	0	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	19.52	9.78	31.55	31.45	31.38
Gross Profit, 2 Yr. CAGR %	19.53	9.77	31.53	31.45	31.4
Earnings From Cont. Operations, 2 Yr. CAGR %	12.74	42.96	32.37	26.02	26.48
Net Income, 2 Yr. CAGR %	12.67	42.96	32.37	26.02	26.48
Normalized Net Income, 2 Yr. CAGR %	6.27	35.2	32.65	25.79	26.25
Diluted EPS Before Extra, 2 Yr. CAGR %	9.97	39.96	32.23	25.21	25.01
Common Equity, 2 Yr. CAGR %	24.35	19.8	22.25	29.03	28.45
Total Assets, 2 Yr. CAGR %	13.95	13.47	23.38	37.83	33.29
Tangible Book Value, 2 Yr. CAGR %	24.52	19.88	22.21	29.08	28.59
Cash From Operations, 2 Yr. CAGR %	-2.58	63.87	75.02	153.08	9.35
Capital Expenditures, 2 Yr. CAGR %	-34.58	15.77	140	234.98	2.63
Dividend Per Share, 2 Yr. CAGR %	24.03	8.47	0	0	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	19.69	12.34	15.08	33.22	29.73
Gross Profit, 3 Yr. CAGR %	19.69	12.34	15.07	33.21	29.74
Earnings From Cont. Operations, 3 Yr. CAGR %	18.34	21.64	36.24	31.01	25.56
Net Income, 3 Yr. CAGR %	18.27	21.59	36.24	31.01	25.56
Normalized Net Income, 3 Yr. CAGR %	13.42	16.98	31.41	30.89	25.55
Diluted EPS Before Extra, 3 Yr. CAGR %	16.44	19.59	34.29	30.39	24.55
Common Equity, 3 Yr. CAGR %	23.27	23.76	20.5	26.85	26.22
Total Assets, 3 Yr. CAGR %	19.12	12.78	21.05	28.04	34.77
Tangible Book Value, 3 Yr. CAGR %	23.41	23.89	20.5	26.9	26.28
Cash From Operations, 3 Yr. CAGR %	3.71	-15.75	135.52	59.17	79.85
Capital Expenditures, 3 Yr. CAGR %	-21.91	7.66	38.34	219.85	27.66
Dividend Per Share, 3 Yr. CAGR %	15.44	15.44	5.57	0	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	22.7	18.2	16.57	19.63	21.34
Gross Profit, 5 Yr. CAGR %	26.09	20.3	16.56	19.62	21.35
Earnings From Cont. Operations, 5 Yr. CAGR %	21.49	24.57	23.76	23.37	32.25
Net Income, 5 Yr. CAGR %	21.49	24.52	23.72	23.34	32.25
Normalized Net Income, 5 Yr. CAGR %	17.03	21.2	20.75	20.42	29.32
Diluted EPS Before Extra, 5 Yr. CAGR %	19.58	23.26	22.51	21.8	30.5
Common Equity, 5 Yr. CAGR %	21.21	22.32	22.86	25.84	23.62
Total Assets, 5 Yr. CAGR %	21.76	21.94	20.8	22.2	25.81
Tangible Book Value, 5 Yr. CAGR %	21.23	22.43	22.92	25.94	23.68
Cash From Operations, 5 Yr. CAGR %	25.78	30.58	27.88	30.81	73.28
Capital Expenditures, 5 Yr. CAGR %	-15.66	10.54	22.36	69.53	22.76
Dividend Per Share, 5 Yr. CAGR %	17.32	12.7	9	9	3.3