Stock Report

Cholamandalam Investment and Finance Company Ltd Q1FY22 consolidated PAT up QoQ at Rs. 328.55 crores



Posted On : 2021-07-30 19:25:20( TIMEZONE : IST )

Cholamandalam Investment and Finance Company Ltd Q1FY22 consolidated PAT up QoQ at Rs. 328.55 crores

Cholamandalam Investment and Finance Company Ltd has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.2481.91 crores during the period ended June 30, 2021 as compared to Rs.2479.80 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.328.55 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.245.13 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.4 for the period ended June 30, 2021 as compared to Rs.2.98 for the period ended March 31, 2021.

FinancialsQ1 FY2021-22Q4 FY20-21% Change
Total Income₹ 2481.91 crs₹ 2479.80 crsUp Tick 0.09%
Net Profit₹ 328.55 crs₹ 245.13 crsUp Tick 34.03%
EPS₹ 4₹ 2.98Up Tick 34.23%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.2481.91 crores during the period ended June 30, 2021 as compared to Rs.2125.61 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.328.55 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.431.30 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.4 for the period ended June 30, 2021 as compared to Rs.5.26 for the period ended June 30, 2020.

FinancialsQ1 FY2021-22Q1 FY2020-21% Change
Total Income₹ 2481.91 crs₹ 2125.61 crsUp Tick 16.76%
Net Profit₹ 328.55 crs₹ 431.30 crsDown Tick -23.82%
EPS₹ 4₹ 5.26Down Tick -23.95%

The Company continues to hold strong liquidity position with ₹ 7,917 Cr as cash balance as at end of June 21 (including Rs 1500 Cr invested in Gsec shown under investments), with a total liquidity position of ₹16,417 Cr (including undrawn sanctioned lines). The ALM is comfortable with no negative cumulative mismatches across all time buckets.

The Capital Adequacy Ratio (CAR) of the company as on 30th June 2021, was at 19.08% as against the regulatory requirement of 15%. Tier-I Capital was at 16.60%.

Assets under management as at end of June 2021, grew by 7% at ₹ 75,763 Cr as compared to ₹ 70,826 Cr as at end of June 2020.

Shares of Cholamandalam Investment and Finance Company Ltd was last trading in BSE at Rs. 476 as compared to the previous close of Rs. 486.9. The total number of shares traded during the day was 174243 in over 4545 trades.

The stock hit an intraday high of Rs. 492 and intraday low of 470.75. The net turnover during the day was Rs. 83112439.

Source : Equity Bulls

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