CHOLAHLDNG

Cholamandalam Financial Holdings Limited

Holding company for vehicle finance, insurance and risk advisory businesses

Financial Services›Financial Services›Finance›Investment Company

cholafhl.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹1360.00
Market cap
25,538 Cr
Stock P/E
9.6
P/B
1.65
Dividend yield
0.5%
ROE (FY26)
7.2%
ROCE (FY26)
8.9%
Operating margin (FY26)
54.3%
Debt / equity (FY26)
13.61

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

CFHL (Cholamandalam Financial Holdings) is a holding company that reports financing, insurance and other segments, with vehicle finance and general insurance (Chola MS) both featuring in its results presentations.

Company snapshot

4thBy market cap

Ranked among 41 companies in Investment Company.

Segment mix

Reportable segments as of 2024-09-30 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 77.3% of revenue

SegmentRevenue shareRevenuePBTAssets
Financing
77.3%
6,255 Cr1,304 Cr1,80,789 Cr
Insurance
23.9%
1,930 Cr205 Cr22,039 Cr
Inter segment—0 Cr0 Cr-742 Cr
Others
0.4%
29 Cr30 Cr50 Cr

Shares add up to 102% because segment revenues are before inter-segment eliminations.

What we see

Concerns
  • ✗Operating cash flow is negative even though the company shows a profit — the business may not be generating real cash yet.
2 more signals from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Net Interest Income2,258 Cr2,422 Cr2,614 Cr2,847 Cr2,995 Cr3,171 Cr3,349 Cr3,486 Cr3,684 Cr3,891 Cr4,167 Cr4,356 Cr
Other income73 Cr47 Cr74 Cr45 Cr90 Cr104 Cr96 Cr87 Cr128 Cr135 Cr153 Cr101 Cr
Net operating income2,331 Cr2,469 Cr2,688 Cr2,892 Cr3,085 Cr3,275 Cr3,445 Cr3,573 Cr3,812 Cr4,027 Cr4,320 Cr4,457 Cr
Employee cost771 Cr820 Cr904 Cr809 Cr928 Cr1,001 Cr1,052 Cr1,050 Cr1,198 Cr1,221 Cr1,217 Cr1,275 Cr
Other expenses1,724 Cr1,809 Cr1,841 Cr1,862 Cr1,986 Cr2,106 Cr2,074 Cr2,209 Cr2,264 Cr2,355 Cr2,472 Cr2,524 Cr
Provisions & contingencies————————————
Depreciation52 Cr55 Cr88 Cr70 Cr74 Cr72 Cr79 Cr79 Cr83 Cr87 Cr84 Cr87 Cr
Profit before tax1,213 Cr1,363 Cr1,574 Cr1,559 Cr1,513 Cr1,471 Cr1,862 Cr1,696 Cr1,632 Cr1,863 Cr2,142 Cr2,400 Cr
Tax %26.8%24.7%27.3%25.6%25.6%25.7%26.9%25.7%25.6%25.6%24.1%25.5%
Net profit888 Cr1,027 Cr1,144 Cr1,160 Cr1,125 Cr1,093 Cr1,362 Cr1,260 Cr1,214 Cr1,386 Cr1,626 Cr1,789 Cr
EPS (₹)₹22.41₹24.88₹27.32₹29.20₹27.99₹25.89₹32.68₹30.81₹29.28₹33.32₹36.59₹42.92

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Net Interest Income——4,150 Cr5,279 Cr5,923 Cr7,143 Cr9,371 Cr12,361 Cr15,228 CrSign in free for the trailing twelve months
Other income1 Cr21 Cr1 Cr5 Cr91 Cr230 Cr283 Cr335 Cr503 CrSign in free for the trailing twelve months
Net operating income1 Cr21 Cr4,151 Cr5,283 Cr6,014 Cr7,373 Cr9,654 Cr12,696 Cr15,731 CrSign in free for the trailing twelve months
Employee cost130 Cr723 Cr837 Cr936 Cr1,354 Cr1,844 Cr2,994 Cr3,790 Cr4,686 CrSign in free for the trailing twelve months
Other expenses2,835 Cr4,424 Cr4,573 Cr4,383 Cr5,019 Cr5,913 Cr7,087 Cr8,028 Cr9,301 CrSign in free for the trailing twelve months
Provisions & contingencies—————————Sign in free for the trailing twelve months
Depreciation20 Cr78 Cr150 Cr145 Cr154 Cr176 Cr248 Cr296 Cr333 CrSign in free for the trailing twelve months
Profit before tax352 Cr2,136 Cr1,807 Cr2,401 Cr3,041 Cr3,816 Cr5,212 Cr6,405 Cr7,333 CrSign in free for the trailing twelve months
Tax %30.3%33.8%35.5%26.5%26.4%26.4%26.1%26.0%25.2%Sign in free for the trailing twelve months
Net profit599 Cr1,415 Cr1,165 Cr1,764 Cr2,239 Cr2,810 Cr3,851 Cr4,740 Cr5,485 CrSign in free for the trailing twelve months
EPS (₹)₹31.95₹37.02₹29.35₹43.93₹54.50₹68.72₹94.39₹115.76₹130.01Sign in free for the trailing twelve months
Dividend payout %———3.3%4.5%3.6%2.7%2.2%2.2%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital19 Cr19 Cr19 Cr19 Cr19 Cr19 Cr19 Cr19 Cr19 Cr
Reserves3,315 Cr3,925 Cr4,572 Cr5,367 Cr6,427 Cr16,239 Cr22,124 Cr12,497 Cr15,435 Cr
Borrowings100 Cr50,447 Cr55,117 Cr63,797 Cr69,229 Cr97,191 Cr1,34,014 Cr1,74,366 Cr2,10,400 Cr
Other liabilities6,366 Cr9,625 Cr11,024 Cr13,460 Cr14,915 Cr17,584 Cr20,780 Cr23,300 Cr24,053 Cr
Total liabilities10,319 Cr67,937 Cr75,843 Cr88,616 Cr97,772 Cr1,31,033 Cr1,76,918 Cr2,24,616 Cr2,68,333 Cr
Fixed assets (net)53 Cr197 Cr0 Cr336 Cr357 Cr507 Cr1,670 Cr1,901 Cr2,046 Cr
CWIP—0 Cr11 Cr0 Cr26 Cr36 Cr0 Cr4 Cr28 Cr
Investments8,707 Cr7,582 Cr66 Cr11,707 Cr13,311 Cr17,588 Cr20,124 Cr24,300 Cr24,997 Cr
Loans & advances—0 Cr55,396 Cr65,839 Cr74,145 Cr1,04,810 Cr1,44,463 Cr1,82,038 Cr2,17,744 Cr
Trade receivables451 Cr0 Cr15 Cr57 Cr71 Cr99 Cr214 Cr204 Cr327 Cr
Cash & bank252 Cr3,282 Cr3,696 Cr1,708 Cr2,801 Cr1,055 Cr973 Cr5,386 Cr8,475 Cr
Other assets856 Cr56,877 Cr16,660 Cr8,968 Cr7,061 Cr6,939 Cr9,474 Cr10,784 Cr14,716 Cr
Total assets10,319 Cr67,937 Cr75,843 Cr88,616 Cr97,772 Cr1,31,033 Cr1,76,918 Cr2,24,616 Cr2,68,333 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity1,085 Cr-9,274 Cr-1,914 Cr-9,719 Cr-5,738 Cr-29,329 Cr-35,726 Cr-34,201 Cr-30,033 Cr
Cash from investing-1,101 Cr-93 Cr-96 Cr-62 Cr-135 Cr-257 Cr-2,625 Cr-1,038 Cr-2,528 Cr
Cash from financing73 Cr12,171 Cr2,427 Cr7,794 Cr7,073 Cr27,840 Cr38,269 Cr39,652 Cr35,650 Cr
Net cash flow56 Cr2,803 Cr417 Cr-1,987 Cr1,199 Cr-1,746 Cr-82 Cr4,413 Cr3,089 Cr
Free cash flow (OCF − Capex)1,063 Cr-9,370 Cr-2,012 Cr-9,783 Cr-5,853 Cr-29,577 Cr-36,895 Cr-34,543 Cr-30,393 Cr

Ratios

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %9.1%9.8%9.9%9.3%8.9%8.5%9.3%9.4%8.9%
ROE %15.5%8.9%5.3%7.3%7.5%7.9%8.0%8.1%7.2%
Debtor days4900122323
Inventory days—00000000
Days payable650———————
Cash conversion cycle-1600122323
Debt / equity0.0312.7912.0111.8510.7412.6913.0913.9313.61
Current ratio0.50————————
Net debt / EBITDA—8.167.858.698.9410.079.238.969.37