Cholamandalam Financial Holdings Ltd
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]
- Market Cap ₹ 27,177 Cr.
- Current Price ₹ 1,447
- High / Low ₹ 2,155 / 989
- Stock P/E 434
- Book Value ₹ 69.3
- Dividend Yield 0.04 %
- ROCE 6.42 %
- ROE 4.89 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 17.7%
Cons
- Stock is trading at 21.2 times its book value
- The company has delivered a poor sales growth of 3.19% over past five years.
- Company has a low return on equity of 4.81% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Part of BSE 400 MidSmallCap Index BSE 250 SmallCap Index BSE Financial Services BSE 500 Nifty 500
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,575 | 3,539 | 3,836 | 4,769 | 40 | 65 | 74 | 91 | 58 | 84 | 84 | 86 | 86 | |
| 3,242 | 3,200 | 3,547 | 3,600 | 4 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 4 | |
| Operating Profit | 333 | 339 | 289 | 1,169 | 36 | 61 | 71 | 88 | 55 | 81 | 81 | 83 | 83 |
| OPM % | 9% | 10% | 8% | 25% | 91% | 95% | 96% | 97% | 96% | 97% | 97% | 96% | 96% |
| 0 | 12 | 103 | 3 | -0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | 0 | |
| Interest | 107 | 125 | 140 | 137 | -0 | -0 | -0 | 1 | 22 | 10 | 7 | 4 | 2 |
| Depreciation | 80 | 84 | 97 | 111 | -0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 147 | 141 | 155 | 924 | 36 | 61 | 71 | 87 | 34 | 71 | 74 | 79 | 81 |
| Tax % | 29% | 33% | 22% | 21% | -0% | 3% | 6% | 4% | 36% | 22% | 22% | 22% | |
| 104 | 94 | 121 | 730 | 36 | 59 | 67 | 83 | 22 | 56 | 58 | 62 | 63 | |
| EPS in Rs | 5.57 | 5.03 | 6.46 | 38.97 | 1.94 | 3.17 | 3.54 | 4.44 | 1.16 | 2.96 | 3.08 | 3.29 | 3.33 |
| Dividend Payout % | 36% | 40% | 31% | 13% | 65% | 39% | 35% | 15% | 48% | 19% | 18% | 17% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -31% |
| 5 Years: | 3% |
| 3 Years: | 14% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -1% |
| 3 Years: | 42% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 22% |
| 3 Years: | 31% |
| 1 Year: | 44% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 5% |
| 3 Years: | 5% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 37 | 37 | 37 | 37 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 1,144 | 1,201 | 1,283 | 1,902 | 950 | 1,001 | 1,046 | 1,100 | 1,122 | 1,168 | 1,218 | 1,269 | 1,283 |
| 1,302 | 1,363 | 1,421 | 1,374 | -0 | -0 | -0 | 201 | 150 | 100 | 50 | -0 | -0 | |
| 655 | 773 | 822 | 865 | 2 | 3 | 3 | 3 | 12 | 3 | 2 | 2 | 2 | |
| Total Liabilities | 3,138 | 3,375 | 3,563 | 4,178 | 971 | 1,023 | 1,068 | 1,322 | 1,303 | 1,290 | 1,288 | 1,289 | 1,304 |
| 632 | 694 | 904 | 832 | -0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 160 | 197 | 36 | 56 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Investments | 1,444 | 1,506 | 1,523 | 1,461 | 914 | 940 | 956 | 1,278 | 1,279 | 1,280 | 1,280 | 1,279 | 1,279 |
| 903 | 978 | 1,100 | 1,829 | 57 | 83 | 112 | 44 | 24 | 10 | 8 | 10 | 25 | |
| Total Assets | 3,138 | 3,375 | 3,563 | 4,178 | 971 | 1,023 | 1,068 | 1,322 | 1,303 | 1,290 | 1,288 | 1,289 | 1,304 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 301 | 279 | 167 | 135 | -19 | 66 | -34 | -161 | 52 | 58 | 53 | 67 | |
| -697 | -186 | -54 | 794 | -608 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
| 343 | -96 | -117 | -220 | -106 | -11 | -21 | 170 | -50 | -60 | -59 | -61 | |
| Net Cash Flow | -53 | -3 | -4 | 709 | -733 | 55 | -55 | 9 | 2 | -2 | -6 | 6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 40 | 46 | 45 | 38 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Inventory Days | 58 | 62 | 70 | 69 | ||||||||
| Days Payable | 78 | 98 | 94 | 92 | ||||||||
| Cash Conversion Cycle | 19 | 10 | 22 | 14 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Working Capital Days | -18 | -27 | -5 | -39 | 478 | -17 | -16 | -12 | -75 | -13 | -5 | -3 |
| ROCE % | 11% | 10% | 10% | 8% | 2% | 6% | 7% | 7% | 4% | 6% | 6% | 6% |
Documents
Announcements
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Board Meeting Intimation for Consideration Of Un-Audited Financial Results For The Quarter Ended December 31, 2024.
1d - Board meeting to approve un-audited financial results.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Cholamandalam Financial holdings Limited has informed regarding certificate under Regulation 74(5) of SEBI (Depository participants) Regulations, 2018
- Closure of Trading Window 23 Dec
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Disclosure Under Reg 31A(8)(D)
11 Dec 2024 - Approval for reclassification of promoters to public category.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Dec 2024 - Cholamandalam Financial Holdings limited has informed about Copy of Newspaper Advertisement .
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024TranscriptNotesPPT
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Feb 2024Transcript PPT
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Nov 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022TranscriptNotesPPT
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Feb 2022Transcript PPT
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Nov 2021TranscriptNotesPPT
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Aug 2021Transcript PPT
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May 2021TranscriptNotesPPT
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Jun 2020TranscriptPPT
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Jun 2017TranscriptNotesPPT
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Nov 2016TranscriptPPT
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Aug 2016Transcript PPT
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Apr 2016TranscriptPPT
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Mar 2016TranscriptNotesPPT
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Jan 2016TranscriptPPT
Services
NBFC: The Co. provides financial services through its subsidiary Cholamandalam Investment and Finance Company Limited (CIFCL) by offering vehicle finance, home loans, loan against property, etc to a wide range of customers, wherein it holds 45.41% as of June 2022.
General Insurance: The Co. offers a wide range of insurance including motor, travel, health, accident, home, and other types of insurance for corporate customers through its subsidiary Cholamandalam MS General Insurance Company Limited (CMSGICL), wherein it holds 60% as on June 2022.
Risk Management & Engineering Solutions: The Co. provides risk management and engineering solutions in the field of Safety, Health, and Environment through its Joint Venture with Mitsui Sumitomo Insurance Group, Japan through Cholamandalam MS Risk Services Ltd (CMSRSL), wherein it holds 49.5% as on June 2022. [1]