Cholamandalam Investment and Finance Company Ltd - Stock Valuation and Financial Performance

BSE: 511243 | NSE: CHOLAFIN | Finance - NBFC | Large Cap

Chola Invest & Fin. Share Price

1,177.25 -14.00 -1.18%
as on 12-Apr'24 16:59

DeciZen - make an informed investing decision on Chola Invest & Fin.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Cholamandalam Investment and Finance Company stock performance -

mw4me loader
P/E Ratio (CD):
30.81
Market Cap:
98,888.3 Cr.
52-wk low:
815.3
52-wk high:
1,309.8

Is Cholamandalam Investment and Finance Company Ltd an attractive stock to invest in?

1. Is Cholamandalam Investment and Finance Company Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Cholamandalam Investment and Finance Company Ltd is a good quality company.

2. Is Cholamandalam Investment and Finance Company Ltd undervalued or overvalued?

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.

3. Is Cholamandalam Investment and Finance Company Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Cholamandalam Investment and Finance Company Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Chola Invest & Fin.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Cholamandalam Investment and Finance Company Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Operating Income (₹ Cr.)3,2793,7154,2144,6935,5597,0888,7129,57910,14112,88417,410
YoY Gr. Rt. %-13.3%13.4%11.4%18.4%27.5%22.9%10%5.9%27.1%-
Adj EPS (₹ ) 5.16.17.39.211.815.312.918.626.232.438.2
YoY Gr. Rt. %-19.5%19.4%25.7%27.7%30.3%-16.1%44.3%41.4%23.6%-
BVPS (₹ )31.937.2475565.479.299.7116.7142.7173.5222.4
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 (%)1.922.22.52.52.41.82.22.82.80

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest Income16.4%18.3%13.9%27.1%
Adj EPS22.7%22.5%36.1%23.6%
BVPS20.7%21.5%20.3%21.6%
Share Price 35.2% 31.8% 30.3% 43.5%

Key Financial Ratios

RATIOS \ YEARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)0.722.13.22.21.72.22.200-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 17.221.219.718.618.417.420.719.100-
Margins
Net Profit Margin (%)11.21213.615.316.516.912.115.921.320.818.4
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)17.417.918.11819.521.214.717.220.320.617.2

Recent Performance Summary

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

Return on Equity has declined versus last 3 years average to 19.30%

Latest Financials - Cholamandalam Investment and Finance Company Ltd.

Standalone Consolidated
TTM EPS (₹) 38.3 38.2
TTM Sales (₹ Cr.) 17,083 17,410
BVPS (₹.) 222 222.4
Reserves (₹ Cr.) 18,482 18,511
P/BV 5.30 5.29
PE 30.73 30.81
From the Market
52 Week Low / High (₹) 815.30 / 1309.75
All Time Low / High (₹) 2.74 / 1309.75
Market Cap (₹ Cr.) 98,888
Equity (₹ Cr.) 168
Face Value (₹) 2
Industry PE 32.5

Management X-Ray of Chola Invest & Fin.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.030.030.030.030.030.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Chola Invest & Fin.

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Income3,3973,9004,3494,9285,5627,1118,7149,64010,23313,106
Interest Income3,2793,7154,2144,6935,5597,0888,7129,57910,14112,884
Other Income 11818613523432426192222
Expenditure 2,8433,2343,4693,8204,1615,2807,1267,5927,3259,491
Interest Expense 1,7691,9582,0482,2282,6573,5884,5924,5764,2985,748
Operating Expenses 6617558471,0281,1761,3531,5921,6032,1072,841
Provisions 4125215745653293399421,414920902
Exceptional Items 0000000000
Profit Before Tax 5546668791,1071,4011,8321,5882,0482,9083,615
Taxes 186222305390483635534527749938
Profit After Tax 3684445757189181,1971,0541,5212,1592,677
Adjusted EPS (₹)5.16.17.39.211.815.312.918.626.232.4
Dividend Payout Ratio (%)14%11%12%12%11%8%13%11%8%6%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Equity Capital2,2873,1743,6704,2985,1256,2098,2009,60011,76914,346
Share Capital 143644156156156156164164164164
Reserves 2,1442,5303,5134,1414,9696,0528,0369,43611,60514,182
Minority Interest0042000000
Long Term Borrowings10,03812,60311,22415,57234,71045,25651,44958,49864,58590,028
Current Liabilities 9,0907,90612,71010,4113,9665,5663,8825,7785,4508,641
Trade Payables1471672092993153603206418481,236
Short term borrowings3,1472,6763,9713,2303,2624,8593,0384,4723,9216,722
Other Liabilities-3,294-2,843-4,180-3,529-3,576-5,220-3,358-5,113-4,768-7,958
Total Liabilities 21,41423,68327,60730,28343,80157,03063,53173,87581,8041,13,015

Assets

Non Current Asset 14,12916,22718,84220,87342,64053,02455,93767,89976,8211,09,230
Loan Asset 13,35115,46818,18819,93542,24452,61155,39665,83974,1451,04,810
Other Non Current Asset 7787596549383964135412,0602,6764,421
Current Asset 7,2857,4568,7659,4091,1614,0067,5945,9764,9833,785
Current Investment179448000000
Other Current Asset7,2687,4478,7619,3621,1614,0067,5945,9764,9833,785
Total Assets 21,41423,68327,60730,28343,80157,03063,53173,87581,8041,13,015

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -2,447-2,264-2,809-1,468-7,926-9,317-2,075-8,848-5,571-27,105
Cash Flow From Investing Activity -83-40-140-222-60-11-54-1,7461,640-2,148
Cash Flow From Financing Activity 2,7491,8193,0311,6928,00912,1912,4528,7075,15027,466
Net Cash Flow 219-485822222,862323-1,8881,218-1,787
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Operational & Financial Ratios

EPS (₹)26313746597713192632
DPS (₹)4456772222
BVPS (₹)160186235275327396100117143174

Performance Ratios

ROA (%)1.92.02.22.52.52.41.82.22.82.8
ROE (%)17.417.918.118.019.521.214.717.220.320.6
ROCE (%)12.412.212.012.211.310.810.39.79.39.7

Valuation Parameters

Price/Book(x)1.83.23.03.54.43.71.54.85.04.4

Cholamandalam Investment and Finance Company Ltd Stock News

Cholamandalam Investment and Finance Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Chola Invest & Fin. on 12-Apr-2024 16:59 is ₹1,177.3.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Apr-2024 16:59 the market cap of Chola Invest & Fin. stood at ₹98,888.3.
The latest P/E ratio of Chola Invest & Fin. as of 12-Apr-2024 16:59 is 30.73.
The latest P/B ratio of Chola Invest & Fin. as of 12-Apr-2024 16:59 is 5.30.
The 52-week high of Chola Invest & Fin. is ₹1,309.8 and the 52-week low is ₹815.3.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Chola Invest & Fin. is ₹17,083 ( Cr.) .

About Cholamandalam Investment and Finance Company Ltd

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

  • Vehicle Loans
  • Loans against property
  • Home Loans
  • SME Loans
  • Rural & Agri Loans
  • Wealth Management
  • Securities

Awards

2015-16:

  • Mahindra Transport Excellence Awards 2015 for ‘Commercial Vehicle Financier of the year’ under the category Driving Positive Change
  • Daimler India Commercial Vehicles Award 2015 for ‘Best Financier in Lead Generation’

2016-17:

  • Chola has won The Golden Globe Tigers Award for Excellence & Leadership in CSR

2017-18:

  • Chola recognized as one of the Top 26 Innovative Organizations in India
  • Chola wins The Star Award
  • National Award for Excellence in CSR
  • Golden Tigers Award for CSR Excellence
  • Best Corporate Award (Medium Companies Category)

2018-19:

  • The company was awarded as the Winner in Large service category in the employee relations and employee engagement category in the National HR circle competition conducted by Confederation of Indian Industry (CII). The award for the interventions focused on organization culture transformation.

2019-20:

  • Awarded as winner in the Employee Relations & Employee Engagement category (Large Service Industry) at the CII National HR Circle Competition.
  • Chola won the second place for Digitization in L&D- HR at the CII National HR Circle Competition 2019.

Milestones:

2015:

  • Chola and Eicher Polaris Pvt Ltd Announces their Strategic Partnership for Multix
  • Chola ties up with Ola to offer daily loan repayment to its drivers
  • Cholamandalam Investment and Finance Company Limited partners with Escorts Limited to provide loans on Construction Equipment

2016:

  • Chola expands its footprint in Bihar - Hajipur/Bihar
  • Chola expands its footprint in Maharashtra by opening four new branches - Maharashtra / Mumbai
  • Chola expands its footprints in Karnataka by opening four new branches - Bengaluru

2017:

  • Chola inks Strategic Alliance with HUDCO

2019:

  • IFC Channels $222 million into Cholamandalam to Boost Finance for Small Road Transport Operators and MSMEs

2020:

  • Chola partners with Sri Sathya Sai Sanjeevani Hospitals
  • Chola partners with Maruti Suzuki for Vehicle Finance
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