Stock Report

Cholamandalam Investment and Finance Reports ₹1,656 Crore Consolidated Net Profit in Q1 FY27; Total Income Surges 21.8% YoY

Posted On : 2026-07-30 23:10:48( TIMEZONE : IST )

Cholamandalam Investment and Finance Company Limited (CIFCL), the financial services arm of the Murugappa Group, announced its unaudited financial results for the first quarter ended June 30, 2026. The Non-Banking Financial Company (NBFC) posted a consolidated net profit after tax of ₹1,656.22 crore for Q1 FY27, delivering a strong 45.56% year-on-year growth compared to ₹1,137.83 crore recorded in Q1 FY26.

Consolidated Financial Summary

Top-Line & Income Trajectory

Total Revenue from Operations: Stood at ₹8,856.29 crore for Q1 FY27, up 21.87% compared to ₹7,266.80 crore in Q1 FY26 and ₹8,416.71 crore in the preceding quarter ended March 31, 2026 (Q4 FY26).

Interest Income: Formed the core revenue block at ₹8,048.11 crore, expanding from ₹6,655.99 crore in Q1 FY26.

Fee & Commission Income: Reached ₹594.35 crore, up 36.88% from ₹434.20 crore in Q1 FY26.

Other Income: Stood at ₹100.39 crore, compared to ₹85.29 crore in Q1 FY26.

Total Consolidated Income: Came in at ₹8,956.68 crore for the quarter under review, up 21.81% YoY from ₹7,353.09 crore in Q1 FY26.

Profitability & Tax Metrics

Profit Before Tax (PBT): Reached ₹2,223.56 crore for Q1 FY27 (including a ₹1.49 crore share of profit from associate/joint venture), up 45.14% YoY from ₹1,532.00 crore in Q1 FY26 and ₹2,143.12 crore in Q4 FY26.

Tax Expense: Totaled ₹567.34 crore, comprising ₹552.53 crore in current tax and a deferred tax credit of ₹(85.19) crore.

Net Profit After Tax (PAT): Reported at ₹1,656.22 crore for the quarter, all attributable to the owners of the parent.

Total Comprehensive Income: Net of other comprehensive loss adjustments of ₹(25.28) crore, total comprehensive income stood at ₹1,630.94 crore, compared to ₹1,058.03 crore in Q1 FY26.

Consolidated EPS: Basic EPS for Q1 FY27 increased to ₹19.42 per equity share of face value ₹2 each (unannualised), compared to ₹13.53 in Q1 FY26 and ₹19.33 in Q4 FY26. Diluted EPS stood at ₹19.37.

Consolidated Segment Revenue & Profitability

1. Vehicle Finance

Segment Revenue: ₹4,596.50 crore (vs ₹3,847.50 crore in Q1 FY26 and ₹4,441.14 crore in Q4 FY26)

Segment Profit Before Tax: ₹944.89 crore (vs ₹628.30 crore in Q1 FY26 and ₹1,067.22 crore in Q4 FY26)

Segment Assets: ₹1,24,131.35 crore as of June 30, 2026 (vs ₹1,19,557.39 crore as of March 31, 2026)

2. Loan Against Property (LAP)

Segment Revenue: ₹1,714.48 crore (vs ₹1,436.24 crore in Q1 FY26 and ₹1,611.83 crore in Q4 FY26)

Segment Profit Before Tax: ₹677.98 crore (vs ₹540.36 crore in Q1 FY26 and ₹599.85 crore in Q4 FY26)

Segment Assets: ₹46,355.50 crore as of June 30, 2026 (vs ₹45,808.08 crore as of March 31, 2026)

3. Home Loans

Segment Revenue: ₹910.36 crore (vs ₹719.59 crore in Q1 FY26 and ₹897.69 crore in Q4 FY26)

Segment Profit Before Tax: ₹268.76 crore (vs ₹179.14 crore in Q1 FY26 and ₹237.15 crore in Q4 FY26)

Segment Assets: ₹23,416.40 crore as of June 30, 2026 (vs ₹22,448.37 crore as of March 31, 2026)

4. Others & Unallocated

Segment Revenue: ₹1,435.65 crore from Others and ₹299.69 crore from Unallocated operations.

Segment Profit Before Tax: ₹255.90 crore from Others and ₹76.03 crore from Unallocated.

Total Consolidated Segment Assets crossed the ₹2.56-lakh-crore mark, reaching ₹2,56,103.01 crore as of June 30, 2026, compared to ₹2,45,448.23 crore as of March 31, 2026. Total Capital Employed expanded to ₹32,135.41 crore.

Consolidated Expense Structure

Total consolidated expenses for Q1 FY27 came in at ₹6,734.61 crore, compared to ₹5,821.82 crore in Q1 FY26 and ₹6,421.56 crore in Q4 FY26.

Key operating expense categories:

Finance Costs: ₹4,007.37 crore (vs ₹3,468.06 crore in Q1 FY26) - representing the largest cost driver.

Employee Benefits Expense: ₹1,148.99 crore (vs ₹935.66 crore in Q1 FY26)

Impairment of Financial Instruments (Net): ₹922.05 crore (vs ₹882.33 crore in Q1 FY26)

Other Expenses: ₹581.13 crore (vs ₹468.33 crore in Q1 FY26)

Depreciation & Amortisation Expense: ₹75.06 crore (vs ₹67.44 crore in Q1 FY26)

Standalone Financial Results

On a standalone basis, CIFCL reported:

Total Revenue from Operations: ₹8,833.38 crore (vs ₹7,244.92 crore in Q1 FY26)

Total Income: ₹8,932.95 crore (vs ₹7,330.78 crore in Q1 FY26)

Profit Before Tax (PBT): ₹2,220.49 crore (vs ₹1,529.64 crore in Q1 FY26)

Net Profit After Tax (PAT): ₹1,653.59 crore (vs ₹1,135.91 crore in Q1 FY26 and ₹1,640.71 crore in Q4 FY26)

Standalone EPS: Basic EPS stood at ₹19.40 per share (vs ₹13.51 in Q1 FY26)

Key Financial Ratios & Asset Quality

Pursuant to Regulation 52(4) of the SEBI Listing Regulations, CIFCL reported the following standalone metrics as of June 30, 2026:

Gross Stage 3 (% Ind AS): 3.29% (vs 3.16% as of June 30, 2025 and 3.05% as of March 31, 2026)

Net Stage 3 (% Ind AS): 1.81% (vs 1.80% as of June 30, 2025 and 1.63% as of March 31, 2026)

Provision Coverage Ratio (Ind AS): 45.73% (vs 43.72% as of June 30, 2025)

Gross NPA (% RBI Norms): 4.50% (vs 4.29% as of June 30, 2025 and 4.36% as of March 31, 2026)

Net NPA (% RBI Norms): 2.95% (vs 2.86% as of June 30, 2025 and 2.87% as of March 31, 2026)

Provision Coverage Ratio (RBI Norms): 35.49% (vs 34.41% as of June 30, 2025)

Capital Adequacy Ratio (CRAR): 19.81% (vs 19.96% as of June 30, 2025 and 19.21% as of March 31, 2026)

Liquidity Coverage Ratio (LCR): 193.61% (vs 204.64% as of June 30, 2025)

Debt-Equity Ratio: 6.87 (vs 7.34 as of June 30, 2025 and 6.94 as of March 31, 2026)

Net Profit Margin (%): 18.72% (vs 15.68% in Q1 FY26)

Standalone Net Worth: ₹32,078.39 crore as of June 30, 2026 (vs ₹24,714.96 crore as of June 30, 2025)

Performance Highlights:

- Aggregate disbursements in Q1 FY 27 were at ₹ 29,612 Cr with the AUM of ₹2,54,392 Cr as of 30th June 2026 as compared to ₹ 2,07,663 Cr as of 30th June 2025, registering a growth of 23% on Y-o-Y.

- Vehicle Finance (VF) disbursements were at ₹ 16,503 Cr in Q1 FY 27 with the AUM of ₹ 1,24,132 Cr as of 30th June 2026 as compared to ₹ 1,04,720 Cr in the previous year, registering a growth of 19% Y-o-Y.

- Loan Against Property (LAP) business disbursed ₹ 4,780 Cr in Q1 FY 27 with the AUM of ₹ 54,130 Cr as of 30th June 2026 as compared to ₹ 43,943 Cr in the previous year, registering a growth of 23% Y-o-Y.

- Home Loan (HL) business disbursed ₹ 1,797 Cr in Q1 FY 27 with the AUM of ₹ 23,644 Cr as of 30th June 2026 as compared to ₹ 19,399 Cr in the previous year, registering a growth of 22% Y-o-Y.

- Small and Medium Enterprises Loan (SME) business disbursed ₹ 1,992 Cr in Q1 FY 27 with the AUM of ₹ 9,923 Cr as of 30th June 2026 as compared to ₹ 7,119 Cr in the previous year, registering a growth of 39% Y-o-Y.

- Consumer and Small Enterprise Loans (CSEL) disbursed ₹ 3,408 Cr in Q1 FY 27 with the AUM of ₹ 15,884 Cr as of 30th June 2026 as compared to ₹ 14,199 Cr in the previous year, registering a growth of 12% Y-o-Y.

- Secured Business and Personal Loan (SBPL) disbursed ₹ 379 Cr in Q1 FY 27 with the AUM of ₹ 3,730 Cr as of 30th June 2026 as compared to ₹ 2,671 Cr in the previous year, registering a growth of 40% Y-o-Y.

- Gold Loans (GL) business disbursed ₹ 754 crore during Q1 FY27 with the AUM of ₹ 2,143 Cr as of 30th June 2026 and continued to scale steadily. We are currently operating through 171 dedicated branches.

- PBT for Q1 FY 27 was at ₹ 2,220 Cr, registering a growth of 45% over Q1 of FY 26

- PBT-ROA for Q1 FY 27 was at 3.7%.

- ROE for Q1 FY 27 was at 21.2%.

- The Company continues to hold a strong liquidity position with ₹ 22,765 Cr as cash balance as at end of Jun'2026 (including HQLA of ₹ 7,614.93 Cr invested in GSEC, SDL, T-bill & invested in Strips shown under investments held in compliance with LCR requirements), with a total liquidity position of ₹ 23,984 Cr (including undrawn sanctioned lines). The ALM is comfortable with no negative cumulative mismatches across all time buckets

- Consolidated Profit Before Tax (PBT) for Q1 FY 27 was at ₹ 2,222 Cr as against ₹ 1,531 Cr in Q1 FY 26 registering a growth of 45%.

Shares of Cholamandalam Investment and Finance Company Limited was last trading in BSE at Rs. 1773.40 as compared to the previous close of Rs. 1804.15. The total number of shares traded during the day was 532087 in over 2713 trades.

The stock hit an intraday high of Rs. 1807.45 and intraday low of 1758.65. The net turnover during the day was Rs. 946882364.00.