CHOLAFIN · Financial Services
Cholamandalam Investment and Finance Company Ltd. reported total income of ₹4,623 cr for July to September 2023, — on the year and +12.8% on the quarter.
Net profit was ₹773 cr, — on the year and +8.9% on the quarter, with earnings per share of ₹9.40.
An NBFC's quarter turns on loan growth, its cost of borrowing and credit costs; profit can rise for a while simply because provisions fall. The quarterly statements do not carry AUM growth, stage 2 and 3 assets, credit cost and the cost of funds; those come with the filing read.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow filed with this quarter, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Exceptional items that recur, Swing to loss or profit, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed, Asset quality (lenders), Net interest margin (lenders), Net interest income against profit (lenders). Most need the filing read (balance sheet, cash flow, auditor, disclosures).
This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.
Lenders are read on NIM, asset quality, provision cover and credit cost. Those come from the filing read, which is not in yet for this quarter, so margin, other-income and cash checks are withheld rather than shown on a template built for manufacturers.
| Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total income | ₹4,623 cr | ₹5,007 cr | ₹5,410 cr | ₹5,812 cr | ₹6,255 cr | ₹6,733 cr | ₹7,046 cr | ₹7,267 cr | ₹7,491 cr | ₹7,898 cr | ₹8,417 cr | ₹8,856 cr |
| YoY | — | — | — | +42% | +35% | +34% | +30% | +25% | +20% | +17% | +19% | +22% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 27% | 25% | 26% | 26% | 26% | 26% | 26% | 26% | 26% | 26% | 23% | 26% |
| Net profit | ₹773 cr | ₹872 cr | ₹1,065 cr | ₹947 cr | ₹968 cr | ₹1,088 cr | ₹1,260 cr | ₹1,138 cr | ₹1,160 cr | ₹1,290 cr | ₹1,645 cr | ₹1,656 cr |
| YoY | — | — | — | +33% | +25% | +25% | +18% | +20% | +20% | +19% | +31% | +46% |
| EPS | ₹9.40 | ₹10.39 | ₹12.68 | ₹11.27 | ₹11.52 | ₹12.94 | ₹14.98 | ₹13.53 | ₹13.78 | ₹15.28 | ₹19.31 | ₹19.43 |
| Flags | · | · | · | · | · | · | · | · | · | · | · | · |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Cholamandalam Investment and Finance Company Ltd. reported total income of ₹4,623 cr (— on the year) and net profit of ₹773 cr (— on the year) for July to September 2023.
None of the 1 checks that could run raised a question.
No. FinMinutes reports what was filed and the questions the numbers raise. It does not recommend buying, selling or holding any security.
Numbers as filed with the exchanges, read by rules. Every flag is a question with its source, not an accusation. FinMinutes is a financial data and analytics platform; nothing here is a recommendation to buy, sell or hold any security. How each check works.