Cholamandalam Investment & Finance Company Ltd.

SECTOR: Finance - NBFC

142.65
₹ -13.1 (-8.41%)
Today's High: 158.45 Today's Low : 141.65
52 Week High: 348.85 52 Week Low : 117.40
 FinStar
FinStar Indicates the overall health and quality of a stock based on Finology Research.
Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and sound margins.

 Company Essentials

Market Cap

11691.604827135 Cr.

P/E

8.98

P/B

1.4

Face Value

₹2

Div. Yield

0.2%

Book Value (TTM)

101.5997

Advances

0 Cr.

Operating Revenue

3674.85 Cr.

Net Profit

704.08 Cr.

Promoter Holding

51.65%

EPS (TTM)

15.8805

Sales Growth

27.61 %

ROE

21.04 %

ROCE

10.81 %

Profit Growth

29.17 %

No. of Shares

81.9600759 Cr.

Add your own Ratio
* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

 Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

 Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

 Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Income Growth

1 Year27.61%
3 Year18.59%
5 Year16.47%

 Profit Growth

1 Year29.17%
3 Year27.79%
5 Year26.65%

 ROE

1 Year21.04%
3 Year19.57%
5 Year18.84%

 ROCE

1 Year10.81%
3 Year11.44%
5 Year11.69%

 ROA%

2.36

 PEG Ratio

0.31

  PAT Margin (%)

16.96

 EPS Growth(%)

29.14

 Share Holding Pattern

 Promoter Pledging %

Date Promoter % Pledge %
Mar 2020 51.65 0
Dec 2019 52.94 0
Sep 2019 52.94 0
Jun 2019 52.94 0
Mar 2019 53.06 0
* Figures given above are % of equity capital

 Strengths

  • Company has a healthy Return on Equity (ROE) track record of 19.57%.
  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 18.5886697718002%.
  • Promoters shareholding is 51.65%.

 Limitations

  • The company has delivered poor profit growth of 1.19331742243436% over past 3 years

 Quarterly Result (All Figures are in Crores.)

Particulars Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
Operating Revenue 1826.12 1885.08 2029.48 2196.96 2274.86
Other Income 0.11 0.26 0.05 0.05 0.04
Interest Expended 950.79 986.41 1087 1176.93 1192.41
Operating Expenses 396.87 422.59 436.23 470.55 529.01
Total Provisions 0 0 0 0 0
Depreciation 15.07 14.99 23.29 26.23 31.38
Profit Before Tax 463.5 461.35 483.01 523.3 522.1
Tax 159.13 169.49 168.78 216.33 133.59
Net Profit 304.37 291.86 314.23 306.97 388.51

 Profit & Loss (All Figures are in Crores except Adjusted EPS in Rs.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Operating Income 3690.46 4192.47 4659.55 5479.23 6991.97
Other Income 185.58 133.99 202.88 4.96 0.67
Interest 1960.39 2050.78 2230.8 2659.33 3588.74
Adjusted EPS 6 7 9 12 15
Total Provisions 661.49 715.2 655.07 325.75 336
PBT & Exceptionals 657.22 870.77 1105.58 1401.37 1823.15
Exceptional Items 0 0 0 0 0
Profit Before Tax 657.22 870.77 1105.58 1401.37 1823.15
Operating Expenses 596.94 689.71 870.98 1097.74 1244.75
Profit After Tax 435.16 568.45 718.74 918.3 1186.15

 Balance Sheet (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity and Liabilities
Share Capital 643.74 156.21 156.34 156.4 156.43
Total Reserves 2529.6 3501.2 4128.58 4941.74 6019.31
Borrowings 12447.5 10934.73 15104.57 31278.81 41448.75
Other N/C liabilities 955.94 1469.9 467.24 -298.28 -378.98
Current liabilities 8665.66 12721.38 10422.91 7649.35 9727.79
Total Liabilities 25242.43 28783.42 30279.64 43728.02 56973.3
Assets
Loans 15467.97 18187.66 19935.44 0 0
Net Block 68.33 111.32 140.04 160.75 162.29
Capital WIP 0 0 0 0 0
Investments 60.18 64.68 192.48 72.97 73.39
Other Loans 838.86 1243.45 116.79 160.66 159.44
Other N/C Assets 605.39 448.83 530.41 15.17 24.56
Current Assets 8201.7 8727.48 9364.47 43318.47 56553.62
Total Assets 25242.43 28783.42 30279.64 43728.02 56973.3
* Other Non-current Liabilities include Net deferred Liabilities

 Corporate Actions

 Ratings & Research Reports

 Company Presentations

 Chola Invest & Fin. Stock Price Analysis and Quick Research Report

Is Chola Invest & Fin. an attractive stock to invest in?

 

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow.

Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.

Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

To understand the functions of the Chola Invest & Fin. better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of the company is Rs 16.96 Cr and the compounded growth of profit in the past 3 years is 1.19331742243436 %. The PAT margin of Chola Invest & Fin. is 16.9644606598713 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Chola Invest & Fin. , the EPS grew by 29.14 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): The Company has a healthy ROE track record. The ROE of Chola Invest & Fin. is at 21.0427063246092 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Chola Invest & Fin. is worth at the current levels at Rs 129.9. The stock is trading at a current P/E ratio of 3.82 and the average historical P/E for the last 5 years was 13.786.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Chola Invest & Fin. is trading at a P/B of 3.66488332440043 . The average historical P/B for the last 5 years was 3.568. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

X