| Scrip code | 511243 |
|---|---|
| NSE Symbol | CHOLAFIN |
| MSEI Symbol | NOTLISTED |
| ISIN | INE121A01024 |
| Name of company | Cholamandalam Investment and Finance Company Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 28-07-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 06-07-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 28-07-2026 12:35:00 |
| End date and time of board meeting | 28-07-2026 14:30:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | |||
| (i) | Interest Income | 8,04,811.00 | 8,04,811.00 |
| (ii) | Dividend Income | 0.00 | 0.00 |
| (iii) | Rental Income | 0.00 | 0.00 |
| (iv) | Fees and commission Income | 59,435.00 | 59,435.00 |
| (v) | Net gain on fair value changes | 5,019.00 | 5,019.00 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 16,132.00 | 16,132.00 |
| (vii) | Sale of products (including Excise Duty) | 0.00 | 0.00 |
| (viii) | Sale of services | 232.00 | 232.00 |
| (ix) | Other revenue from operations | ||
| Total other revenue from operations | |||
| Total Revenue From Operations | 8,85,629.00 | 8,85,629.00 | |
| Other income | 10,039.00 | 10,039.00 | |
| Total income | 8,95,668.00 | 8,95,668.00 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0.00 | 0.00 | |
| Purchases of stock-in-trade | 0.00 | 0.00 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 | |
| Employee benefit expense | 1,14,899.00 | 1,14,899.00 | |
| Finance costs | 4,00,737.00 | 4,00,737.00 | |
| Depreciation, depletion and amortisation expense | 7,506.00 | 7,506.00 | |
| Fees and commission expense | 0.00 | 0.00 | |
| Net loss on fair value changes | 0.00 | 0.00 | |
| Net loss on derecognition of financial instruments under amortised cost category | 0.00 | 0.00 | |
| Impairment on financial instruments | 92,206.00 | 92,206.00 | |
| (f) | Other expenses | ||
| 1 | Other expenses | 58,113.00 | 58,113.00 |
| Total other expenses | 58,113.00 | 58,113.00 | |
| Total expenses | 6,73,461.00 | 6,73,461.00 | |
| 3 | Total profit before exceptional items and tax | 2,22,207.00 | 2,22,207.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 2,22,207.00 | 2,22,207.00 |
| 7 | Tax expense | ||
| 8 | Current tax | 65,253.00 | 65,253.00 |
| 9 | Deferred tax | (8,519.00) | (8,519.00) |
| 10 | Total tax expenses | 56,734.00 | 56,734.00 |
| 11 | Net Profit Loss for the period from continuing operations | 1,65,473.00 | 1,65,473.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 17 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 14 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 149.00 | 149.00 |
| 15 | Total profit (loss) for period | 1,65,622.00 | 1,65,622.00 |
| 16 | Other comprehensive income net of taxes | (2,528.00) | (2,528.00) |
| 17 | Total Comprehensive Income for the period | 1,63,094.00 | 1,63,094.00 |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 1,65,622.00 | 1,65,622.00 | |
| Total profit or loss, attributable to non-controlling interests | 0.00 | 0.00 | |
| 19 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 1,63,094.00 | 1,63,094.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 0.00 | 0.00 | |
| 20 | Details of equity share capital | ||
| Paid-up equity share capital | 17,059.00 | 17,059.00 | |
| Face value of equity share capital | 2 | 2 | |
| 21 | Reserves excluding revaluation reserve | ||
| 22 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings per share from continuing operations | 19.43 | 19.43 | |
| Diluted earnings per share from continuing operations | 19.4 | 19.4 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings per share from discontinued operations | 0 | 0 | |
| Diluted earnings per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings per share | 19.43 | 19.43 | |
| Diluted earnings per share | 19.4 | 19.4 | |
| 23 | Debt equity ratio | 6.8600 | 6.8600 |
| 24 | Debt service coverage ratio | ||
| 25 | Interest service coverage ratio | ||
| 26 | Disclosure of notes on financial results | Textual Information(1) | |
| 23 | Debt equity ratio | |
|---|---|---|
| 24 | Debt service coverage ratio | Not Applicable for NBFC |
| 25 | Interest service coverage ratio | Not Applicable for NBFC |
| Textual Information(1) | 1. The financial results for the quarter ended June 30, 2026, has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on July 28, 2026. The financial results for the quarter ended June 30, 2026, have been subjected to limited review by Joint Statutory Auditors in compliance with Regulation 33 and Regulation 52 of Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements), Regulations 2015, as amended. The financial results of the Company have been prepared as per Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013, the circular, guidelines and directions issued by the Reserve Bank of India (RBI) from time to time (“RBI guidelines”) and that it has been prepared in accordance with the relevant prudential norms issued by the RBI in respect of income recognition, asset classification, provisioning and other related matters, to the extent those are not inconsistent with the Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India. 2. The consolidated financial results of the parent and its subsidiaries (collectively referred as Group) and its associates and joint venture, include the result of the Company and following entities: i) Cholamandalam Securities Limited - Subsidiary ii) Cholamandalam Leasing Limited (Formerly known as Cholamandalam Home Finance Limited) - Subsidiary iii) Payswiff Technologies Private Limited - Joint Venture iv) Vishvakarma Payments Private Limited - Associate v) Chola Foundation - Jointly controlled entity (not for profit) 3.Disclosures as per Reserve Bank of India Directions a) Transfer of Loan Exposure Particulars Quarter ended June 30, 2026 Quarter ended March 31, 2026 Quarter ended June 30, 2025 i) Transfer of loans not in default Count of loans accounts assigned 3761 2611 3807 Amount of loan accounts assigned (Rs in crores.) 1991.8 1402.83 2159.11 Weighted average maturity (in months) 142 138 137 Weighted average holding period (in months) 20 21 23 Retention of beneficial economic interest (%) 0.1 0.1 0.1 Coverage of tangible security NA NA NA Rating wise distribution of rated loans NA NA NA ii) Transfer of Stressed loans- Non Performing asset to Asset Reconstruction Companies(ARCs) No of accounts NIL 1540 NIL Aggregate principal outstanding of loans transferred (Rs in crores) NIL 87.91 NIL Weighted average residual tenor of the loans transferred (in months) NIL 110 NIL Net book value of loans transferred (at the time of transfer) (Rs in crores) NIL 67.13 NIL Aggregate consideration (Rs in crores) NIL 53.76 NIL Additional consideration realized in respect of accounts transferred in earlier years (Rs in crores) NIL NIL NIL iii) Transfer of Stressed loans- Non Performing asset to permitted and other transferees NIL iv) Transfer of Stressed loans- Special Mention Accounts NIL v) Acquistion of loans not in default and Stressed loans NIL b) Details of Co-lending arrangements (CLA) Particulars Quarter ended June 30,2026 As a Originator As a Partner Number of CLA's 1 4 Number of Outstanding Loans 2846 10474 Amount of Outstanding Loans - Net of write off (Rs in crores) 67.04 41.67 Weighted average Interest rate 0.094 0.2253 Fee charged/paid (Loan Origination) -Rs in crores 0 0 Broad Sector In which CLA was made Vehicle Finance Personal Loans Performance of loans under CLA -(Rs in crores) Stage -1 58.06 36.85 Stage -2 5.32 2.02 Stage -3 3.66 2.79 Details related to Default Loss Guarantee NIL Three Partners have provided default loss guarantee between 1% and 5% of total disbursement. The company has not made any disbursements under CLA from April 1,2025 4. 5,49,462 options were exercised during the quarter ended June 30, 2026 (4,53,007 for the quarter ended March 31, 2026). The total outstanding employee stock options as at June 30 ,2026 is 52,76,715 (58,87,750 as at March 31,2026). 5. The Government of India has notified New Labour Codes effective from November 21, 2025, impact of these have been assessed based on best information available,which has resulted in increase in Employee benefits expense by Rs 49.45 crores in Standalone Financial Results and Rs 49.65 crores in Consolidated Financial Results for the year ended March 31,2026. The Company continues to monitor the finalisation of Central and State Rules and clarifications from the Government on the New Labour Codes and would provide appropriate accounting effect on the basis of such developments, as needed. 6. The listed Non - Convertible Debentures of the Company aggregating to Rs. 32,549.80 crores as on June 30, 2026 are secured by way of an exclusive charge on identified standard assets of the Company . The total asset cover is above one hundred percent of the principal amount of the said debentures. 7. The Company had on October 05, 2023 allotted 2,00,000, 7.5% Compulsorily Convertible Debentures (CCDs) of face value Rs. 1,00,000/- each to eligible qualified institutional buyers at an Issue Price of Rs. 1,00,000/- per CCD. Further, pursuant to the placement document, the CCDs have an early conversion option on or after September 30, 2025. Up to June 30, 2026, 1,37,000 CCDs were converted into 98,74,127 equity shares. 8. In respect of standalone and Consolidated financial results, the figures for the quarter ended March 31,2026 is the balancing figure between the audited figures in respect of the full financial year and the published unaudited year-to-date figures upto the third quarter of the previous financial year which were subjected to limited review. 9. The Segment Reporting is given in Appendix 1 for Standalone Financial Results and in Appendix 2 for Consolidated Financial Results. 10. Ratios disclosed pursuant to regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 is given in Appendix 3. |
|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| Whether results are audited or unaudited | Unaudited | Unaudited | |
| Nature of report standalone or consolidated | Consolidated | Consolidated | |
| 1 | Segment Revenue (Income) | ||
| (net sale/income from each segment should be disclosed) | |||
| 1 | Vehicle Finance | 4,59,650.00 | 4,59,650.00 |
| 2 | Loan against property | 1,71,448.00 | 1,71,448.00 |
| 3 | Home Loans | 91,036.00 | 91,036.00 |
| 4 | Others | 1,43,565.00 | 1,43,565.00 |
| 5 | Unallocated | 29,969.00 | 29,969.00 |
| Total Segment Revenue | 8,95,668.00 | 8,95,668.00 | |
| Less: Inter segment revenue | |||
| Revenue from operations | 8,95,668.00 | 8,95,668.00 | |
| 2 | Segment Result | ||
| Profit (+) / Loss (-) before tax and interest from each segment | |||
| 1 | Vehicle Finance | 94,489.00 | 94,489.00 |
| 2 | Loan against property | 67,798.00 | 67,798.00 |
| 3 | Home Loans | 26,876.00 | 26,876.00 |
| 4 | Others | 25,590.00 | 25,590.00 |
| 5 | Unallocated | 7,603.00 | 7,603.00 |
| Total Profit before tax | 2,22,356.00 | 2,22,356.00 | |
| i. Finance cost | |||
| ii. Other Unallocable Expenditure net off Unallocable income | |||
| Profit before tax | 2,22,356.00 | 2,22,356.00 | |
| 3 | (Segment Asset - Segment Liabilities) | ||
| Segment Asset | |||
| 1 | Vehicle Finance | 1,24,13,135.00 | 1,24,13,135.00 |
| 2 | Loan against property | 46,35,550.00 | 46,35,550.00 |
| 3 | Home Loans | 23,41,640.00 | 23,41,640.00 |
| 4 | Others | 32,13,431.00 | 32,13,431.00 |
| 5 | Unallocated | 30,06,545.00 | 30,06,545.00 |
| Total Segment Asset | 2,56,10,301.00 | 2,56,10,301.00 | |
| Un-allocable Assets | 0.00 | 0.00 | |
| Net Segment Asset | 2,56,10,301.00 | 2,56,10,301.00 | |
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| 1 | Vehicle Finance | 1,08,55,553.00 | 1,08,55,553.00 |
| 2 | Loan against property | 40,53,888.00 | 40,53,888.00 |
| 3 | Home Loans | 20,47,814.00 | 20,47,814.00 |
| 4 | Others | 28,10,217.00 | 28,10,217.00 |
| 5 | Unallocated | 26,29,288.00 | 26,29,288.00 |
| Total Segment Liabilities | 2,23,96,760.00 | 2,23,96,760.00 | |
| Un-allocable Liabilities | 0.00 | 0.00 | |
| Net Segment Liabilities | 2,23,96,760.00 | 2,23,96,760.00 | |
| Disclosure of notes on segments | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassified to Profit or Loss | -34700000 | -34700000 |
| Total Amount of items that will not be reclassified to profit and loss | -34700000 | -34700000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (87.00) | (87.00) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Items that will be reclassified to Profit or Loss | -298900000 | -298900000 |
| Total Amount of items that will be reclassified to profit and loss | -298900000 | -298900000 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | (721.00) | (721.00) |
| 5 | Total Other comprehensive income | (2,528.00) | (2,528.00) |