Cholamandalam Q2 Results Review -AUM Growth Guidance At 25% Versus 25-30% Earlier: IDBI Capital

With a diverse product portfolio and a widespread distribution network, the company is well-positioned to capitalise on the growth potential, says the brokerage.
29-10-2024
Bigul

Cholamandalam Investment and Finance Company Ltd - 511243 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Updation on the Audio recordings of the earnings call for the quarter ended 30th September 2024 in the website of the company
28-10-2024

Cholamandalam Investment & Finance Company Results Earnings Call for Q2FY25

Conference Call with Cholamandalam Investment & Finance Company Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
28-10-2024
Bigul

Cholamandalam Investment and Finance Q2 results: Profit rises to Rs 968 cr

Cholamandalam Investment and Finance Company Ltd has reported a consolidated profit after tax for the July-September 2024 quarter at Rs 967.80 crore, the company said on Friday. The city-headquartered company had registered a consolidated PAT of Rs 772.87 crore during the corresponding quarter of last year. The profit after tax for the six month period ending September 30, 2024 stood at Rs 1,914.95 crore, as compared to Rs 1,482.81 crore registered year ago. The consolidated total income during the quarter under review grew to Rs 6,322.34 crore, from Rs 4,695.16 crore registered in the same quarter of last year. For the half year ending September 30, 2024 the consolidated total income went up to Rs 12,179.09 crore, from Rs 8,865.95 crore recorded a year ago. Disbursements made during the half year ending September 30 2024 grew to Rs 48,646 crore from Rs 41,557 crore disbursed during the corresponding period of last year. Total Assets Under Management (AUM) as of September 30, 2024
25-10-2024
Bigul

Q2FY25 & H1FY25 Result Announced for Cholamandalam Investment & Finance Company Ltd.

Finance company Cholamandalam Investment & Finance Company announced Q2FY25 & H1FY25 results Financial Highlights: Aggregate disbursements in Q2FY25 were at Rs 24,314 crore as against Rs 21,542 crore in Q2FY24 registering a growth of 13%. Disbursements in H1FY25 were at Rs 48,646 crore as against Rs 41,557 crore registering a growth of 17% on YoY basis. Vehicle Finance (VF) disbursements were at Rs 12,336 crore in Q2FY25 as against Rs 11,731 crore in Q2 FY24, registering a growth of 5%. Disbursements in H1FY25, were at Rs 25,102 crore as against Rs 23,032 crore in the previous year, registering a growth of 9% YoY. Loan Against Property (LAP) business disbursed Rs 4,295 crore in Q2FY25, as against Rs 3,192 crore in Q2 FY24, registering a growth rate of 35%. Disbursements in H1FY25, were at Rs 8,170 crore as against Rs 5,872 crore in the previous year, registering a growth of 39% YoY. Home Loan business disbursed Rs 1,823 crore in Q2FY25, as against Rs 1,575 crore in Q2 FY24 registering a growth of 16%. The Disbursements in H1FY25 were at Rs 3,601 crore as against Rs 3,029 crore in the previous year, registering a growth of 19% YoY. Small and Medium Enterprises Loan (SME) business disbursed Rs 1,959 crore in Q2FY25, as against Rs 1,945 crore in Q2 FY24 registering a growth of 1%. The disbursements in H1FY25 were at Rs 4,119 crore, registering 3% growth over Rs 3,990 crore in H1FY24. Consumer and Small Enterprise Loans (CSEL) disbursed Rs 3,588 crore in Q2FY25, as against Rs 2,853 crore in Q2 FY24 registering a growth of 26%. The disbursements in H1FY25 were at Rs 7,075 crore, registering 36% growth over Rs 5,207 crore in H1FY24. Secured Business and Personal Loan (SBPL) disbursed Rs 312 crore in Q2FY25, as against Rs 246 crore in Q2 FY24 registering a growth of 27%. The disbursements in H1FY25 were at Rs 580 crore, registering 36% growth over Rs 428 crore in H1FY24. Assets under management as of Q2FY25, stood at Rs 1,77,426 crore as compared to Rs 1,33,775 crore as of Q2FY24, clocking a growth of 33% YoY. PBT Growth in Q2 was at 27% and for H1 was at 29%. PBT-ROA for Q2FY25 was at 3% and for the half year was at 3.1%. ROE for Q2FY25 was at 18.24%. and for the half year was at 18.55%. The Company continues to hold a strong liquidity position with Rs 13,864 crore as cash balance as at end of Sep'2024 (including Rs 2,563.25 crs invested in G-sec / Rs 2,106.22 cr invested T-bill & Rs 623.85 crs invested in Strips shown under investments), with a total liquidity position of Rs 14,404 crore (including undrawn sanctioned lines). The ALM is comfortable with no negative cumulative mismatches across all time buckets as per Regulatory norms. Consolidated Profit Before Tax (PBT) for Q2FY25 was at Rs 1,304 crore as against Rs 1,065 crore in Q2FY24 registering a growth of 22% and for H1FY25 was at Rs 2,579 crore as against Rs 2,021 crore in H1FY24 registering a growth of 28%. Asset Quality: Stage 3 levels representing 90+ dues increased to 2.83% as of September 24 from 2.62% as of the end of June 24. GNPA % as per RBI norms increased to 3.78% as of September 24 as against 3.62% on June 24. NNPA as per RBI norms has also increased to 2.48% as of September 24 against 2.37% on June 24. NNPA is below the threshold of 6% prescribed by RBI as the threshold for PCA. Result PDF
25-10-2024
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