Getty ImagesCholamandalam Investment & Finance Company, incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 81316.23 Crore) operating in NBFC sector.
Cholamandalam Investment & Finance Company key Products/Revenue Segments include Interest, Fees & Commission Income, Sale of services and Income From Sale Of Share & Securities for the year ending 31-Mar-2022.
Financials
For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 3834.57 Crore, up 12.51 % from last quarter Total Income of Rs 3408.09 Crore and up 44.34 % from last year same quarter Total Income of Rs 2656.63 Crore. Company has reported net profit after tax of Rs 855.19 Crore in latest quarter.
The company’s top management includes Mr.Vellayan Subbiah, Mr.Ravindra Kumar Kundu, Mr.M A M Arunachalam, Mr.Ashok Kumar Barat, Mr.N Ramesh Rajan, Mr.Rohan Verma, Ms.Bhama Krishnamurthy, Mr.Anand Kumar, Mr.Bharath Vasudevan. Company has Sundaram & Srinivasan as its auditors. As on 31-03-2023, the company has a total of 82 Crore shares outstanding.
The brokerage believes there will be a further expansion in multiples once investors gain more confidence in its execution capability in new product lines without any adverse selection.
Promoter/FII Holdings
Promoters held 51.47 per cent stake in the company as of 31-Mar-2023, while FIIs owned 19.63 per cent, DIIs 21.45 per cent.
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