Last Updated on: 07 July, 2024|Author: Getaka | Social:
Stock Ticker - BSE: 511243 | NSE: CHOLAFIN
Fundamental Analysis of Cholamandalam Investment & Finance Company Ltd
About the Company - Cholamandalam Investment & Finance Company Ltd
Cholamandalam Investment & Finance Company Ltd. is a Public Limited Listed company incorporated on 17/08/1978 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L65993TN1978PLC007576 and registration number is 007576. Currently Company is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company’s Total Operating Revenue is Rs. 10048.29 Cr. and Equity Capital is Rs. 164.28 Cr. for the Year ended 31/03/2022.
Cholamandalam Investment & Finance Company Ltd Quarterly Results
Month
Dec 2020
Mar 2021
Jun 2021
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Revenue
2,520
2,479
2,482
2,496
2,557
2,605
2,770
3,017
3,356
3,741
4,082
4,623
5,007
Interest
1,140
1,120
1,104
1,078
1,046
1,071
1,130
1,340
1,543
1,734
2,006
2,204
2,441
Expenses
802
1,063
910
574
795
630
879
940
912
902
1,174
1,391
1,412
Financing Profit
578
297
468
845
717
904
760
736
901
1,105
902
1,028
1,155
Financing Margin %
23%
12%
19%
34%
28%
35%
27%
24%
27%
30%
22%
22%
23%
Other Income
0
56
0
1
17
52
26
50
52
93
89
73
47
Depreciation
25
26
25
24
24
28
28
28
30
36
39
39
46
Profit before tax
553
327
443
822
710
927
759
759
923
1,163
952
1,062
1,156
Tax %
26%
25%
26%
26%
26%
26%
26%
26%
26%
26%
25%
27%
25%
Net Profit
410
245
329
611
528
687
562
563
685
855
710
773
872
EPS in Rs
5.00
2.99
4.01
7.44
6.43
8.36
6.84
6.85
8.33
10.40
8.64
9.40
10.39
Gross NPA %
Net NPA %
Last Updated: June 11, 2024, 10:27 pm
Cholamandalam Investment & Finance Company Ltd Quarterly Chart
Cholamandalam Investment & Finance Company Ltd Profit & Loss
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
TTM
Revenue
1,784
2,570
3,279
3,715
4,214
4,694
5,559
7,108
8,712
9,583
10,148
12,884
15,802
Interest
990
1,410
1,769
1,958
2,048
2,228
2,657
3,588
4,592
4,576
4,298
5,748
7,488
Expenses
546
688
932
1,061
1,266
1,322
1,451
1,632
2,421
2,913
2,926
3,621
4,379
Financing Profit
248
472
578
696
899
1,143
1,451
1,888
1,699
2,094
2,924
3,515
3,935
Financing Margin %
14%
18%
18%
19%
21%
24%
26%
27%
20%
22%
29%
27%
25%
Other Income
52
1
1
0
2
3
0
1
0
56
84
220
307
Depreciation
10
22
25
30
22
39
51
57
111
102
101
121
143
Profit before tax
289
452
554
666
879
1,107
1,401
1,832
1,588
2,048
2,908
3,615
4,099
Tax %
42%
32%
34%
33%
35%
35%
34%
35%
34%
26%
26%
26%
Net Profit
169
308
368
444
575
718
918
1,197
1,054
1,521
2,154
2,665
3,023
EPS in Rs
2.55
4.30
5.14
6.18
7.36
9.21
11.76
15.32
12.86
18.55
26.23
32.42
36.77
Dividend Payout %
20%
16%
14%
11%
12%
12%
11%
8%
13%
11%
8%
6%
Cholamandalam Investment & Finance Company Ltd Profit & Loss Yearly Chart
Cholamandalam Investment & Finance Company Ltd Growth
Compounded Sales Growth
10 Years:
17%
5 Years:
18%
3 Years:
14%
TTM:
49%
Compounded Profit Growth
10 Years:
24%
5 Years:
24%
3 Years:
36%
TTM:
29%
Stock Price CAGR
10 Years:
35%
5 Years:
31%
3 Years:
28%
1 Year:
35%
Return on Equity
10 Years:
19%
5 Years:
19%
3 Years:
19%
Last Year:
20%
Last Updated: April 17, 2024, 2:35 am
Cholamandalam Investment & Finance Company Ltd Balance Sheet
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Sep 2023
Equity Capital
133
143
143
144
156
156
156
156
164
164
164
164
165
Reserves
1,271
1,809
2,144
2,531
3,514
4,142
4,969
6,052
8,036
9,436
11,605
14,182
15,643
Preference Capital
0
0
0
500
0
0
0
0
0
0
0
0
Borrowings
11,444
15,269
18,075
19,450
22,546
24,071
38,330
50,567
55,005
63,730
69,174
97,358
119,471
Other Liabilities
649
1,007
1,182
1,743
1,673
2,230
711
715
853
1,314
1,536
1,923
2,310
Total Liabilities
13,497
18,228
21,544
23,868
27,889
30,598
44,167
57,490
64,058
74,644
82,478
113,627
137,588
Fixed Assets
56
73
74
69
120
150
170
167
283
228
259
403
501
CWIP
0
0
0
0
0
0
4
14
11
10
37
60
0
Investments
10
172
39
25
16
182
23
42
33
1,583
2,055
3,562
3,481
Other Assets
13,430
17,984
21,431
23,775
27,753
30,266
43,970
57,267
63,732
72,823
80,127
109,602
133,607
Total Assets
13,497
18,228
21,544
23,868
27,889
30,598
44,167
57,490
64,058
74,644
82,478
113,627
137,588
Cholamandalam Investment & Finance Company Ltd Reserves and Borrowings Chart
Cholamandalam Investment & Finance Company Ltd Cash Flow
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Cash from Operating Activity
-3,574
-3,754
-2,447
-2,264
-2,809
-1,468
-7,926
-9,317
-2,075
-8,848
-5,571
-27,105
Cash from Investing Activity
55
5
-83
-40
-137
-222
-60
-11
-54
-1,746
1,640
-2,148
Cash from Financing Activity
3,602
4,067
2,749
1,819
3,031
1,692
8,009
12,191
2,452
8,707
5,150
27,466
Net Cash Flow
83
317
219
-485
85
2
22
2,862
323
-1,888
1,218
-1,787
Cholamandalam Investment & Finance Company Ltd Free Cash Flow
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Free Cash Flow
546.00
688.00
932.00
-499.00
1.00
1.00
1.00
1.00
2.00
2.00
2.00
3.00
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Cholamandalam Investment & Finance Company Ltd Free Cash Flow Chart
Cholamandalam Investment & Finance Company Ltd Financial Efficiency Indicators
Month
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
ROE %
18%
17%
18%
18%
18%
19%
21%
15%
17%
20%
20%
20%
Cholamandalam Investment & Finance Company Ltd Financial Efficiency Indicators Chart
Cholamandalam Investment & Finance Company Ltd Share Holding Pattern
Month
Jun 2021
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Promoters
51.61%
51.57%
51.55%
51.55%
51.52%
51.50%
51.49%
51.47%
51.46%
51.43%
50.37%
50.35%
FIIs
18.85%
17.88%
17.65%
17.61%
17.96%
18.69%
19.38%
19.63%
20.92%
21.51%
24.73%
26.00%
DIIs
21.83%
22.54%
22.79%
23.00%
22.41%
21.92%
21.24%
21.45%
20.37%
20.04%
18.39%
17.05%
Public
7.72%
8.01%
8.00%
7.84%
8.11%
7.90%
7.88%
7.44%
7.25%
7.03%
6.51%
6.61%
No. of Shareholders
1,03,134
1,07,443
1,14,309
1,20,069
1,25,525
1,30,833
1,30,154
1,21,184
1,40,546
1,46,815
1,40,636
1,55,055
Cholamandalam Investment & Finance Company Ltd Shareholding Pattern Chart
No. of Cholamandalam Investment & Finance Company Ltd Shareholders
Cholamandalam Investment & Finance Company Ltd Mutual Fund Holdings
Cholamandalam Investment & Finance Company Ltd ROCE Trend
Cholamandalam Investment & Finance Company Ltd EPS Trend
Cholamandalam Investment & Finance Company Ltd Key Financial Ratios
Month
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
FaceValue
2.00
2.00
2.00
2.00
2.00
Basic EPS (Rs.)
41.17
32.44
26.24
18.55
13.39
Diluted EPS (Rs.)
41.06
32.38
26.19
18.52
13.37
Cash EPS (Rs.)
42.95
34.02
27.51
19.79
14.21
Book Value[Excl.RevalReserv]/Share (Rs.)
233.17
174.44
143.28
117.02
100.01
Book Value[Incl.RevalReserv]/Share (Rs.)
233.17
174.44
143.28
117.02
100.01
Revenue From Operations / Share (Rs.)
227.77
156.66
123.46
116.77
106.26
PBDIT / Share (Rs.)
167.01
115.32
88.94
81.99
76.73
PBIT / Share (Rs.)
164.66
113.85
87.72
80.74
75.37
PBT / Share (Rs.)
54.81
43.95
35.40
24.96
19.37
Net Profit / Share (Rs.)
40.59
32.55
26.28
18.55
12.86
NP After MI And SOA / Share (Rs.)
40.70
32.40
26.22
18.54
12.85
PBDIT Margin (%)
73.32
73.60
72.04
70.21
72.21
PBIT Margin (%)
72.29
72.66
71.05
69.14
70.93
PBT Margin (%)
24.06
28.05
28.67
21.37
18.23
Net Profit Margin (%)
17.82
20.77
21.28
15.88
12.09
NP After MI And SOA Margin (%)
17.86
20.68
21.23
15.87
12.09
Return on Networth / Equity (%)
17.45
18.57
18.29
15.84
12.85
Return on Capital Employeed (%)
69.62
24.18
24.74
25.13
30.79
Return On Assets (%)
2.18
2.34
2.61
2.03
1.64
Long Term Debt / Equity (X)
0.00
1.68
1.46
1.72
1.43
Total Debt / Equity (X)
6.60
6.79
5.88
6.64
6.71
Asset Turnover Ratio (%)
0.14
0.13
0.12
0.13
0.14
Current Ratio (X)
1.13
1.50
1.52
1.52
1.43
Quick Ratio (X)
1.13
1.50
1.52
1.52
1.43
Dividend Payout Ratio (NP) (%)
0.00
6.16
7.62
7.00
15.76
Dividend Payout Ratio (CP) (%)
0.00
5.89
7.28
6.56
14.26
Earning Retention Ratio (%)
0.00
93.84
92.38
93.00
84.24
Cash Earning Retention Ratio (%)
0.00
94.11
92.72
93.44
85.74
Interest Coverage Ratio (X)
1.52
1.65
1.70
1.47
1.37
Interest Coverage Ratio (Post Tax) (X)
1.37
1.47
1.50
1.33
1.23
Enterprise Value (Cr.)
222119.26
156984.38
123872.82
104291.38
60545.06
EV / Net Operating Revenue (X)
11.61
12.18
12.22
10.89
6.95
EV / EBITDA (X)
15.83
16.55
16.96
15.51
9.62
MarketCap / Net Operating Revenue (X)
5.08
4.86
5.82
4.79
1.44
Retention Ratios (%)
0.00
93.83
92.37
92.99
84.23
Price / BV (X)
4.96
4.37
5.01
4.78
1.53
Price / Net Operating Revenue (X)
5.08
4.86
5.82
4.79
1.44
EarningsYield
0.03
0.04
0.03
0.03
0.08
Cholamandalam Investment & Finance Company Ltd Profitability Ratios (%)
Cholamandalam Investment & Finance Company Ltd Liquidity Ratios
Cholamandalam Investment & Finance Company Ltd Liquidity Ratios (%)
Cholamandalam Investment & Finance Company Ltd Interest Coverage Ratios (%)
Cholamandalam Investment & Finance Company Ltd Valuation Ratios
Fair Value
Fair Value: 1,659.04
Calculation basis:
Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.
Undervalued: 15.85% compared to the current price 1432
Intrinsic Value: 2,069.39
Calculation basis:
Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.
This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.
Undervalued: 44.51% compared to the current price ₹1432
Last 5 Year EPS CAGR: 24.73%
*Investments are subject to market risks
Strength and Weakness of Cholamandalam Investment & Finance Company Ltd Stock
Unable to fetch valid data for stock valuation.
Should I Buy Cholamandalam Investment & Finance Company Ltd Share Now?
Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Cholamandalam Investment & Finance Company Ltd:
Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
ROE%: 17.45% (Industry Average ROE: %)
ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
✗ Stock P/E: 35.2 (Industry average Stock P/E: )
Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
✗ Total Debt / Equity: 6.60
Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions. Stock Rating:★★★☆☆
FAQ
What is the latest fair value of Cholamandalam Investment & Finance Company Ltd?
The latest fair value of Cholamandalam Investment & Finance Company Ltd is ₹1659.04.
What is the Market Cap of Cholamandalam Investment & Finance Company Ltd?
The Market Cap of Cholamandalam Investment & Finance Company Ltd is 1,20,282 Cr..
What is the current Stock Price of Cholamandalam Investment & Finance Company Ltd as on 06 July 2024?
The current stock price of Cholamandalam Investment & Finance Company Ltd as on 06 July 2024 is 1,432.
What is the High / Low of Cholamandalam Investment & Finance Company Ltd stocks in FY 2024?
In FY 2024, the High / Low of Cholamandalam Investment & Finance Company Ltd stocks is 1,476/997.
What is the Stock P/E of Cholamandalam Investment & Finance Company Ltd?
The Stock P/E of Cholamandalam Investment & Finance Company Ltd is 35.2.
What is the Book Value of Cholamandalam Investment & Finance Company Ltd?
The Book Value of Cholamandalam Investment & Finance Company Ltd is 233.
What is the Dividend Yield of Cholamandalam Investment & Finance Company Ltd?
The Dividend Yield of Cholamandalam Investment & Finance Company Ltd is 0.14 %.
What is the ROCE of Cholamandalam Investment & Finance Company Ltd?
The ROCE of Cholamandalam Investment & Finance Company Ltd is 10.4 %.
What is the ROE of Cholamandalam Investment & Finance Company Ltd?
The ROE of Cholamandalam Investment & Finance Company Ltd is 20.2 %.
What is the Face Value of Cholamandalam Investment & Finance Company Ltd?
The Face Value of Cholamandalam Investment & Finance Company Ltd is 2.00.
Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Cholamandalam Investment & Finance Company Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE