CHOLAMANDALAM IN & FIN CO Financial Statements
For Apr 2026, CHOLAMANDALAM IN & FIN CO reported net profit of ₹5,233 crore. Return on equity stands at 17.17%. Profit & loss, balance sheet and cash flow across 17 reported years are below.
- Profit after tax
- ₹5,233 Cr
- EPS
- ₹61.41
- Latest year
- Apr 2026
- Years reported
- 17
CHOLAMANDALAM IN & FIN CO profit & loss
Reported annual performance for CHOLAMANDALAM IN & FIN CO, oldest to newest. Figures in ₹ crore unless a row states otherwise.
| Line item | Mar 2022 | May 2022 | Mar 2023 | May 2023 | Mar 2024 | May 2024 | Mar 2025 | Apr 2025 | Mar 2026 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest Earned | 9,567 | 9,567 | 12,083 | 12,083 | 17,627 | 17,627 | 23,748 | 23,748 | 28,403 | 28,403 |
| Other Income | 91 | 91 | 221 | 221 | 280 | 280 | 307 | 307 | 466 | 466 |
| Fees & Commission Income | 473 | 473 | 651 | 651 | 1,342 | 1,342 | 1,739 | 1,739 | 2,114 | 2,114 |
| Total Income | 10,232 | 10,232 | 13,106 | 13,106 | 19,420 | 19,420 | 26,153 | 26,153 | 31,539 | 31,539 |
| Net Interest Income | 9,567 | 9,567 | 12,083 | 12,083 | 17,627 | 17,627 | 23,748 | 23,748 | 28,403 | 28,403 |
| Profit Before Tax (PBT) | 2,908 | 2,908 | 3,615 | 3,615 | 4,605 | 4,605 | 5,741 | 5,741 | 6,973 | 6,973 |
| Tax Expense | 749 | 749 | 938 | 938 | 1,195 | 1,195 | 1,481 | 1,481 | 1,744 | 1,744 |
| Current Tax | 695 | 695 | 886 | 886 | 1,222 | 1,222 | 1,727 | 1,727 | 2,014 | 2,014 |
| Deferred Tax | 54 | 54 | 52 | 52 | -27 | -27 | -245 | -245 | -270 | -270 |
| Effective Tax % | 25.75% | 25.75% | 25.95% | 25.95% | 25.94% | 25.94% | 25.8% | 25.8% | 25.01% | 25.01% |
| Total Profit for Period | 2,154 | 2,154 | 2,665 | 2,665 | 3,420 | 3,420 | 4,263 | 4,263 | 5,233 | 5,233 |
| Less: Non-controlling Interests | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit (Owner's PAT) | 2,154 | 2,154 | 2,665 | 2,665 | 3,420 | 3,420 | 4,263 | 4,263 | 5,233 | 5,233 |
| PAT Growth YoY % | 41.6% | 41.6% | 23.74% | 23.74% | 28.34% | 28.34% | 24.64% | — | 22.75% | 22.75% |
| Earnings Per Share (EPS) | ₹26.23 | ₹26.23 | ₹32.42 | ₹32.42 | ₹40.72 | ₹40.72 | ₹50.69 | ₹50.69 | ₹61.41 | ₹61.41 |
| Diluted Shares Outstanding (Cr.) | 82 | 82 | 82 | 82 | 84 | 84 | 84 | 84 | 85 | 85 |
| Profit/Loss from Associates | -5 | -5 | -12 | -12 | 9 | 9 | 3 | 3 | 4 | 4 |
| Other Comprehensive Income (Net of Tax) | 136 | 136 | 24 | 24 | -71 | -71 | -141 | -141 | 173 | 173 |
| Impairment On Financial Instruments | 880 | 880 | 850 | 850 | 1,318 | 1,318 | 2,494 | 2,494 | 3,536 | 3,536 |
| Net Gain Amortised Derecognition | 0 | 0 | 0 | 0 | 0 | 0 | 159 | 159 | 439 | 439 |
| Net Gain Fair Value Changes | 16 | 16 | 70 | 70 | 146 | 146 | 197 | 197 | 111 | 111 |
| Revenue Sale Of Services | 85 | 85 | 81 | 81 | 24 | 24 | 4 | 4 | 5 | 5 |
Showing the most recent 10 of 17 reported periods.
CHOLAMANDALAM IN & FIN CO balance sheet
Assets, liabilities and shareholders' equity as reported, in Schedule III order. Figures in ₹ crore unless a row states otherwise.
| Line item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Total Equity | 6,209 | 8,200 | 9,600 | 11,769 | 14,346 | 19,593 | 23,669 | 30,458 |
| Equity Share Capital | 156 | 164 | 164 | 164 | 164 | 168 | 168 | 170 |
| Reserves & Surplus | 6,052 | 8,036 | 9,436 | 11,605 | 14,182 | 19,425 | 23,500 | 30,288 |
| Total Equity | 6,209 | 8,200 | 9,600 | 11,769 | 14,346 | 19,593 | 23,669 | 30,458 |
| Total Banking Liabilities | — | — | — | — | — | — | — | 13,703 |
| Deposits | — | — | — | — | — | — | — | 13,703 |
| Non-Current Liabilities | 51,281 | 55,529 | 64,390 | 69,693 | 97,911 | 1,35,273 | 1,76,123 | 1,98,762 |
| Long-term Borrowings | 50,567 | 43,273 | 47,182 | 52,005 | 73,186 | 1,04,511 | 1,33,792 | 1,56,543 |
| Deferred Tax Liabilities | — | — | — | 1 | — | — | — | — |
| Non-Current Provisions | 75 | 92 | 110 | 120 | 142 | 194 | 236 | 281 |
| Other Non-Current Liabilities | 54 | — | — | — | — | — | — | — |
| Non-Current Financial Liabilities | 51,152 | — | — | — | — | — | — | — |
| Current Liabilities | — | 320 | 654 | 1,017 | 1,370 | 1,821 | 2,095 | 16,228 |
| Trade Payables | — | 320 | 485 | 848 | 1,236 | 1,634 | 1,811 | 2,439 |
| Current Tax Liabilities | — | — | 42 | — | — | — | — | — |
| Derivative Financial Liabilities | — | — | 127 | 170 | 134 | 187 | 285 | 86 |
| Additional Liability Fields | — | 11,732 | 16,548 | 17,169 | 24,171 | 29,964 | 41,244 | 41,854 |
| Debt Securities | — | 7,327 | 12,358 | 13,321 | 19,682 | 24,813 | 30,223 | 40,824 |
| Sub Liabilities | — | 4,406 | 4,190 | 3,848 | 4,489 | 5,151 | 11,021 | 1,030 |
| Total Liabilities | 51,281 | 55,849 | 65,044 | 70,710 | 99,281 | 1,37,093 | 1,78,218 | 2,14,990 |
| Total Non-Current Assets | 53,620 | 56,760 | 69,114 | 77,667 | 1,09,978 | 1,51,472 | 1,91,760 | 2,28,695 |
| Property, Plant & Equipment (PPE) | 145 | 262 | 208 | 242 | 375 | 1,539 | 1,754 | 1,839 |
| Capital Work-in-Progress | — | — | — | 23 | 36 | — | 4 | 28 |
| Intangible Assets | 22 | 21 | 19 | 16 | 28 | 24 | 26 | 29 |
| Investment Property | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Investments | 42 | 33 | 1,583 | 2,055 | 3,584 | 4,073 | 6,367 | 6,646 |
| Loans – Non-Current | 52,611 | 55,396 | 65,839 | 74,145 | 1,04,810 | 1,44,463 | 1,82,038 | 2,17,744 |
| Other Non-Current Assets | 18 | — | — | — | — | — | — | — |
| Non-Current Financial Assets | 52,960 | — | — | — | — | — | — | — |
| Net Fixed Assets | 167 | 283 | 227 | 282 | 438 | 1,563 | 1,783 | 1,896 |
| Total Current Assets | 3,870 | 7,289 | 5,530 | 4,812 | 3,649 | 5,215 | 10,126 | 16,753 |
| Trade Receivables | — | 15 | 57 | 71 | 99 | 214 | 204 | 327 |
| Cash & Cash Equivalents | 3,164 | 3,495 | 1,593 | 2,699 | 912 | 846 | 5,280 | 8,315 |
| Current Financial Assets | 3,708 | — | — | — | — | — | — | — |
| Current Tax Assets | 162 | 159 | 148 | 252 | 270 | 359 | 218 | 30 |
| Derivative Financial Assets | — | 114 | 46 | 187 | 273 | 248 | 203 | 1,701 |
| Net Working Capital | — | 6,969 | 4,876 | 3,795 | 2,279 | 3,394 | 8,031 | 525 |
| Additional Asset Fields | 460 | 527 | 769 | 675 | 611 | 656 | 949 | 1,160 |
| Def Tax Assets | 460 | 527 | 769 | 675 | 611 | 656 | 949 | 1,160 |
| Total Assets | 57,490 | 64,049 | 74,644 | 82,479 | 1,13,627 | 1,56,686 | 2,01,887 | 2,45,448 |
| Total Borrowings | 50,567 | 43,273 | 47,182 | 52,005 | 73,186 | 1,04,511 | 1,33,792 | 1,56,543 |
| Net Debt | 47,402 | 39,778 | 45,589 | 49,306 | 72,274 | 1,03,665 | 1,28,512 | 1,48,228 |
| Debt to Equity (x) | 8.14 | 5.28 | 4.91 | 4.42 | 5.1 | 5.33 | 5.65 | 5.14 |
| Current Ratio (x) | — | 22.78 | 8.45 | 4.73 | 2.66 | 2.86 | 4.83 | 1.03 |
CHOLAMANDALAM IN & FIN CO cash flow statement
Cash generated and used across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Net Cash from Operating Activities | -8,842 | -5,571 | -27,105 | -35,683 | -32,413 | -30,021 |
| Profit Before Tax | 2,048 | 2,908 | 3,615 | 4,605 | 5,741 | 6,973 |
| Depreciation & Amortisation | 102 | 101 | 121 | 198 | 245 | 284 |
| Finance Costs | 4,576 | 4,298 | 5,748 | 9,231 | 12,495 | 14,384 |
| Working Capital Changes | 133 | 362 | 373 | 79 | 532 | 599 |
| Tax Paid | -699 | -847 | -903 | -1,308 | -1,541 | -1,781 |
| Net Cash from Investing Activities | -1,572 | 1,640 | -2,148 | -2,855 | -2,948 | -2,554 |
| Purchase of PPE | -21 | -57 | -143 | -1,076 | -200 | -265 |
| Sale of Fixed Assets | 2 | 2 | 2 | 5 | 13 | 23 |
| Interest Received | 0 | 0 | -478 | 0 | 0 | 0 |
| Net Cash from Financing Activities | 8,516 | 5,150 | 27,466 | 38,471 | 39,795 | 35,610 |
| Proceeds from Borrowings | 48,339 | 25,206 | 84,719 | 1,17,664 | 1,37,086 | 1,31,409 |
| Repayment of Borrowings | -58,390 | -29,907 | -80,312 | -1,07,738 | -1,20,702 | -1,27,361 |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Paid | -107 | -164 | -164 | -167 | -168 | -170 |
| Buyback / Redemption of Shares | 0 | 0 | 0 | 0 | 0 | 0 |
| Lease Liabilities Paid | -57 | -55 | -58 | -90 | -134 | -153 |
| Net Change in Cash | -1,898 | 1,218 | -1,787 | -66 | 4,434 | 3,035 |
| Effect of Foreign Exchange Changes | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -8,863 | -5,628 | -27,248 | -36,759 | -32,613 | -30,286 |
| CFO / PBT (x) | -4.32 | -1.92 | -7.5 | -7.75 | -5.65 | -4.31 |
CHOLAMANDALAM IN & FIN CO key ratios
Valuation, profitability, return, leverage and per-share measures computed from reported statements — not from adjusted or normalised earnings.
CHOLAMANDALAM IN & FIN CO trades at a P/E of 21.52× against a sector median of 14.46× — a 49% premium. Sector comparisons can mislead for conglomerates with mixed business lines.
| Ratio | Category | Value |
|---|---|---|
| P/E (TTM) | Valuation | 21.52 |
| Forward P/E | Valuation | 17.7 |
| P/B | Valuation | 3.96 |
| PEG (TTM) | Valuation | 1.21 |
| EV / EBITDA (TTM) | Valuation | 30.93 |
| P/S (TTM) | Valuation | 9.34 |
| Operating margin | Profitability | 68.86% |
| Net margin (TTM) | Profitability | 31.68% |
| Return on equity | Return ratios | 17.17% |
| Return on capital employed | Return ratios | 9.17% |
| Return on assets | Return ratios | 2.34% |
| Debt to equity | Leverage & liquidity | 5.15 |
| Beta | Leverage & liquidity | 1.37 |
| EPS (TTM) | Per share | ₹71.12 |
| Book value | Per share | ₹357.48 |
| Revenue / share (TTM) | Per share | ₹197.41 |
| Cash flow / share | Per share | ₹-352.11 |
| Dividend yield | Shareholder returns | 0.14% |
| Dividend payout (TTM) | Shareholder returns | 3.2% |
How this is calculated
Statements are as filed with the exchanges. Consolidated figures are shown where reported. Figures are in rupees crore unless the table states otherwise. Ratios are computed from the same reported statements, not from adjusted or normalised earnings.
Index membership reflects the Nifty 100 as published by NSE Indices, effective 2026-03-30.
CHOLAMANDALAM IN & FIN CO: frequently asked questions
Is CHOLAMANDALAM IN & FIN CO profitable?
CHOLAMANDALAM IN & FIN CO reported a net profit of ₹5,233 crore in Apr 2026, up 0.0% on the previous financial year.
What is CHOLAMANDALAM IN & FIN CO's EPS?
CHOLAMANDALAM IN & FIN CO reported earnings per share of ₹61.41 for Apr 2026.
What is CHOLAMANDALAM IN & FIN CO's return on equity?
CHOLAMANDALAM IN & FIN CO's return on equity stands at 17.17%. ROE measures profit generated per rupee of shareholder equity.
How many years of CHOLAMANDALAM IN & FIN CO financials are shown?
17 reported financial years are tabulated on this page, the most recent being Apr 2026.
Are these figures consolidated or standalone?
Consolidated figures are shown wherever the company reports them, and standalone otherwise. The basis in use is labelled on the statement table.
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The data, ratios and commentary about CHOLAMANDALAM IN & FIN CO (CHOLAFIN) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.