Cholamandalam Investment And Finance Company Limited
Cholamandalam Investment and Finance Company Limited (Chola), incorporated in 1978 as the financial services arm of the Murugappa Group. Chola commenced business as an equipment financing company and has today emerged as a comprehensive financial ser...
Key Metrics
EPS
40.69
Current ratio
0.18
Debt/Equity
7.00
Debt/EBITDA
28.54
Interest coverage ratio
-
Operating Cashflow to total debt
-0.26
Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Established franchise and market position
Comfortable profitability indicators
Improving asset quality
Committed financial, operational and management support from Murugappa Group
Liquidity position: Strong
Cons
Maintaining adequate capital buffers in view of growth plans
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About Cholamandalam Investment And Finance Company Limited bond.
This comprehensive profile covers key factual information about Cholamandalam Investment And Finance Company Limited. Cholamandalam Investment and Finance Company Limited (Chola), incorporated in 1978 as the financial services arm of the Murugappa Group. Chola commenced business as an equipment financing company and has today emerged as a comprehensive financial services provider offering vehicle finance, home loans, loan against property, SME loans, Secured Business Personal Loans (SBPL), Consumer & Small Enterprises Loans (CSEL), Loan against Securities and a variety of other financial services to customers. Chola operates from 1508 branches across India with assets under management above INR 1,77,000 Crore. The mission of Chola is to enable customers enter a better life. Chola has a growing clientele of over 42 lakh+ happy customers across the nation. Ever since its inception and all through its growth, the company has kept a clear sight of its values. The basic tenet of these values is a strict adherence to ethics and a responsibility to all those who come within its corporate ambit - customers, shareholders, employees and society. EPS in Mar-2024 was 40.69. Current ratio in Mar-2024 was 0.18. Debt/Equity in Mar-2024 was 7.00. Debt/EBITDA in Mar-2024 was 28.54. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was -0.26. Total revenue for Mar-2025 (E) was ₹21,154.84. Net income for Mar-2025 (E) stood at ₹3,992.12. Total assets as of Mar-2024 were ₹156,686.41. Total liabilities as of Mar-2024 were ₹137,093.17. Operating cash flow for Mar-2024 was ₹-35,682.85. The company’s borrowing relationships include Punjab National Bank (₹600.00 Cr), Bank of Baroda (₹13.00 Cr), Bank of Baroda (₹39.00 Cr), Union Bank of India (₹100.00 Cr), Indian Bank (₹200.00 Cr), Kotak Mahindra Bank Limited (₹25.00 Cr), Kotak Mahindra Bank Limited (₹45 Cr), Kotak Mahindra Bank Limited (₹55.00 Cr), Kotak Mahindra Bank Limited (₹37.50 Cr), Micro Units Development & Refinance Agency Limited (₹54.75 Cr), Micro Units Development & Refinance Agency Limited (₹13.35 Cr), Union Bank of India (₹300.00 Cr), Bank of Baroda (₹90.00 Cr), Bank of Baroda (₹60.00 Cr), Bank of Baroda (₹175.00 Cr), HDFC Bank Limited (₹125.00 Cr), HDFC Bank Limited (₹93.75 Cr), Indian Bank (₹166.67 Cr), Indian Bank (₹122.00 Cr), Axis Bank Limited (₹200.00 Cr), Axis Bank Limited (₹167.00 Cr), Axis Bank Limited (₹167.00 Cr), Axis Bank Limited (₹133.00 Cr), ICICI Bank Limited (₹50.00 Cr), ICICI Bank Limited (₹12.50 Cr), Small Industries Development Bank of India (₹200.00 Cr), IndusInd Bank Limited (₹304.79 Cr), IndusInd Bank Limited (₹306.25 Cr), Karnataka Bank Limited (₹40.00 Cr), HDFC Bank Limited (₹357.14 Cr), HDFC Bank Limited (₹285.71 Cr), HDFC Bank Limited (₹71.43 Cr), HDFC Bank Limited (₹142.86 Cr), HDFC Bank Limited (₹107.14 Cr), HDFC Bank Limited (₹53.57 Cr), HDFC Bank Limited (₹53.57 Cr), Axis Bank Limited (₹567.00 Cr), Axis Bank Limited (₹267.00 Cr), Axis Bank Limited (₹300.00 Cr), Axis Bank Limited (₹500.00 Cr), Axis Bank Limited (₹300.00 Cr), Axis Bank Limited (₹200.00 Cr), Axis Bank Limited (₹300.00 Cr), Axis Bank Limited (₹600.00 Cr), Axis Bank Limited (₹100.00 Cr), State Bank of India (₹840.00 Cr), State Bank of India (₹108.00 Cr), State Bank of India (₹132.00 Cr), State Bank of India (₹600.00 Cr), State Bank of India (₹600.00 Cr), State Bank of India (₹600.00 Cr), ICICI Bank Limited (₹125.00 Cr), ICICI Bank Limited (₹187.50 Cr), ICICI Bank Limited (₹375.00 Cr), Punjab National Bank (₹650.00 Cr), Bank of Baroda (₹300.00 Cr), Bank of Baroda (₹600.00 Cr), State Bank of India (₹480.00 Cr), State Bank of India (₹720.00 Cr), State Bank of India (₹600.00 Cr), South Indian Bank Limited (₹200.00 Cr), HDFC Bank Limited (₹471.43 Cr), HDFC Bank Limited (₹171.43 Cr), HDFC Bank Limited (₹214.29 Cr), Mizuho Bank Limited (₹400.00 Cr), Axis Bank Limited (₹194.44 Cr), Axis Bank Limited (₹194.44 Cr), Axis Bank Limited (₹388.89 Cr), IDBI Bank Limited (₹105.00 Cr), Federal Bank Limited (₹250.00 Cr), Indian Bank (₹325.00 Cr), Indian Bank (₹325.00 Cr), Federal Bank Limited (₹250.00 Cr), Small Industries Development Bank of India (₹681.85 Cr), Small Industries Development Bank of India (₹1090.92 Cr), South Indian Bank Limited (₹100.00 Cr), Indian Bank (₹350.00 Cr), Punjab National Bank (₹722.22 Cr), HDFC Bank Limited (₹642.86 Cr), HDFC Bank Limited (₹214.29 Cr), IDBI Bank Limited (₹187.50 Cr), HDFC Bank Limited (₹600.00 Cr), HDFC Bank Limited (₹257.14 Cr), UCO Bank (₹175 Cr), State Bank of India (₹500 Cr), State Bank of India (₹1500 Cr), ICICI Bank Limited (₹750 Cr), Bank of Baroda (₹466.67 Cr), Axis Bank Limited (₹111.11 Cr), Axis Bank Limited (₹111.11 Cr), Axis Bank Limited (₹222.22 Cr), Small Industries Development Bank of India (₹772.75 Cr), HDFC Bank Limited (₹385.7142855 Cr), HDFC Bank Limited (₹221.7857145 Cr), Punjab National Bank (₹777.78 Cr), Karnataka Bank Limited (₹90.00 Cr), Small Industries Development Bank of India (₹386.40 Cr), HDFC Bank Limited (₹241.07 Cr), HDFC Bank Limited (₹80.36 Cr), HDFC Bank Limited (₹178.57 Cr), HDFC Bank Limited (₹535.71 Cr), Axis Bank Limited (₹640 Cr), Axis Bank Limited (₹160 Cr), Axis Bank Limited (₹800 Cr), Small Industries Development Bank of India (₹857.17 Cr), Small Industries Development Bank of India (₹171.44 Cr), Small Industries Development Bank of India (₹257.16 Cr), Union Bank of India (₹777.78 Cr), Karnataka Bank Limited (₹168.5 Cr), HDFC Bank Limited (₹514.29 Cr), HDFC Bank Limited (₹200 Cr), Bank of Baroda (₹2700 Cr), HDFC Bank Limited (₹110 Cr), HDFC Bank Limited (₹282.8571429 Cr), State Bank of India (₹3000 Cr), HDFC Bank Limited (₹220 Cr), HDFC Bank Limited (₹565.7142858 Cr), ICICI Bank Limited (₹361.11 Cr), HSBC Limited (₹85 Cr), Punjab National Bank (₹1777.78 Cr), YES Bank Limited (₹750 Cr), HDFC Bank Limited (₹883.93 Cr), HDFC Bank Limited (₹294.64 Cr), HDFC Bank Limited (₹214.29 Cr), HDFC Bank Limited (₹642.86 Cr), UCO Bank (₹1800 Cr), Punjab & Sind Bank (₹270 Cr), Union Bank of India (₹2625 Cr), Small Industries Development Bank of India (₹818.2 Cr), Axis Bank Limited (₹450 Cr), Axis Bank Limited (₹180 Cr), Axis Bank Limited (₹180 Cr), Axis Bank Limited (₹90 Cr), Federal Bank Limited (₹200 Cr), HDFC Bank Limited (₹557.14 Cr), HDFC Bank Limited (₹300 Cr), HDFC Bank Limited (₹450 Cr), HDFC Bank Limited (₹835.71 Cr), State Bank of India (₹2571.43 Cr), Mizuho Bank Limited (₹600 Cr), Indian Bank (₹900 Cr), Karnataka Bank Limited (₹300 Cr), National Bank for Agriculture and Rural Development (₹3000 Cr), Small Industries Development Bank of India (₹381.82 Cr), ICICI Bank Limited (₹500 Cr), ICICI Bank Limited (₹500 Cr), Punjab National Bank (₹2000 Cr), Deutsche Bank (₹1000 Cr), Bandhan Bank Limited (₹250 Cr), Axis Bank Limited (₹1000 Cr), Axis Bank Limited (₹1000 Cr), Axis Bank Limited (₹500 Cr), UCO Bank (₹900 Cr), IndusInd Bank Limited (₹350 Cr), Bank of Baroda (₹1000 Cr), HDFC Bank Limited (₹1050 Cr), HDFC Bank Limited (₹2450 Cr), Mizuho Bank Limited (₹650 Cr), HDFC Bank Limited (₹1050 Cr), HDFC Bank Limited (₹2450 Cr), Citibank N.A. (₹540 Cr), Not Applicable (₹15974.79 Cr), State Bank of India (₹1000 Cr), Axis Bank Limited (₹100 Cr), Indian Bank (₹50 Cr), HDFC Bank Limited (₹400 Cr), IndusInd Bank Limited (₹150 Cr), ICICI Bank Limited (₹150 Cr), Standard Chartered Bank (₹25 Cr), Citibank N.A. (₹25 Cr), Not Applicable (₹2100 Cr), ICICI Bank Limited (₹10 Cr), ICICI Bank Limited (₹90 Cr). Peers and comparison entities consist of Cholamandalam Investment and Finance Company Limited, Bajaj Finance Limited, Jio Financial Services Limited, Shriram Finance Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Established franchise and market position; Comfortable profitability indicators; Improving asset quality; Committed financial, operational and management support from Murugappa Group; Liquidity position: Strong. Key risks include: Maintaining adequate capital buffers in view of growth plans. Leadership team details include Anand Kumar (Independent Director), Bhama Krishnamurthy (Independent Director), D Arul Selvan (CFO & President), M A M Arunachalam (Non Executive Director), M R Kumar (Independent Director), N Ramesh Rajan (Independent Director), P Sujatha (Company Secretary & Compliance Officer), Ravindra Kumar Kundu (Executive Director), Vellayan Subbiah (Chairman & Non-Executive Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.