Cholamandalam Investment & Finance Company Ltd Share Price

(CHOLAFIN)

Cholamandalam Investment and Finance Company (CIFCL) is a comprehensive financial services provider offering a variety of services such as vehicle finance, home loans, SME loans, consumer and small enterprise loan, loan against property, insurance agency, home equity loans, secured business and personal loan, wealth management, stock broking, mutual fund distribution and others across 1145 branches in India. It has achieved the assets under management of above Rs. 82000 crore. CIFCL entered into an MOU with VE Commercial Vehicles Ltd, a joint venture between the Volvo Group and Eicher Motors Ltd., to finance Eicher Heavy Duty Trucks and Buses. In the last one year, it took strategic initiatives to strengthen the position to be a strong NBFC and exited the asset management business. In FY 2021 home loans were offered across 9 states including Tamil Nadu, Andhra Pradesh, Karnataka, Madhya Pradesh, Kerala, Gujarat, Maharashtra, Rajasthan and Chhattisgarh. Through strategic partnerships, it entered the fintech space and launched Consumer and Small Enterprise Loan (CSEL), Secured Business and Personal Loan (SBPL) and SME Loans. It also made investment of Rs. 450 crores to acquire 73.8% of the Payswiff Technologies Private Limited (PTPL) and 16.29% of the equity share capital of Paytail Commerce Private Limited. In FY 2022 Home Loans were offered across 11 states including Tamil Nadu, Andhra Pradesh, Karnataka, Kerala, Haryana, Gujarat, Maharashtra, Rajasthan, Telangana Madhya Pradesh and Chhattisgarh.

Revenue: ₹6,837.83Cr as on December 2024 (Q4 24)
Net Profit: ₹1,088.21Cr as on December 2024 (Q4 24)
Listing date: 12 Jul, 1995
Chairperson Name: Vellayan Subbiah