Cholamandalam Financial Holdings Ltd.
CHOLAHLDNGFinancial Services filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
11 transcript(s)/analyst meet(s) served; 6 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 11 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| DUPLICATE | 20220519 | 2022-03-31 | no | |
| ANALYST_MEET | 20220818 | 2022-06-30 | yes | |
| COVER_LETTER | 20221115 | 2022-09-30 | no | |
| COVER_LETTER | 20230216 | 2022-12-31 | no | |
| COVER_LETTER | 20230518 | 2023-03-31 | no | |
| COVER_LETTER | 20240212 | 2023-12-31 | no | |
| COVER_LETTER | 20240816 | 2024-06-30 | no | |
| ANALYST_MEET | 20250212 | 2024-12-31 | yes | |
| ANALYST_MEET | 20251111 | 2025-09-30 | yes | |
| ANALYST_MEET | 20260213 | 2025-12-31 | yes | |
| ANALYST_MEET | 20260515 | 2026-03-31 | yes | |
| ANALYST_MEET | 20260820 | 2026-06-30 | yes |
CHOLAHLDNG
files as a non-banking financial company. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | nbfc |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 1,432.60 |
| 52-week range | 1350.9 – 2014.8 |
| Return 1M | -7.49% |
| Return 3M | -13.35% |
| Return 1Y | -25.08% |
| Return 3Y | 21.97% |
| Return 5Y | 105.32% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 11,114.00 |
| Other income | 101.00 |
| Total income | 11,214.00 |
| Cost of materials consumed | 0.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 0.00 |
| Employee benefit expense | 1,275.00 |
| Finance costs | 4,007.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.46 | 0.00 |
| institutions foreign | 0.13 | -0.01 |
| institutions domestic | 0.27 | 0.01 |
| mutual funds | 0.24 | 0.01 |
| public | 0.54 | -0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| ANALYST_MEET | 2026-06-30 | 6 |
| COVER_LETTER | 2024-06-30 | 5 |
| DUPLICATE | 2022-03-31 | 1 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 4,298.00 | 4,725.00 | 5,186.00 | 5,626.00 | 6,300.00 | 6,795.00 | 7,083.00 | 7,633.00 | 8,090.00 | 8,489.00 | 8,913.00 | 9,296.00 | 9,487.00 | 9,949.00 | 10,444.00 | 11,114.00 |
| Other income | 57.00 | 52.00 | 95.00 | 89.00 | 73.00 | 47.00 | 74.00 | 45.00 | 90.00 | 104.00 | 96.00 | 87.00 | 128.00 | 135.00 | 153.00 | 101.00 |
| Total income | 4,355.00 | 4,777.00 | 5,281.00 | 5,715.00 | 6,372.00 | 6,842.00 | 7,158.00 | 7,677.00 | 8,180.00 | 8,593.00 | 9,009.00 | 9,383.00 | 9,615.00 | 10,084.00 | 10,597.00 | 11,214.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 424.00 | 494.00 | 560.00 | 499.00 | 771.00 | 820.00 | 904.00 | 809.00 | 928.00 | 1,001.00 | 1,052.00 | 1,050.00 | 1,198.00 | 1,221.00 | 1,217.00 | 1,275.00 |
| Finance costs | 1,347.00 | 1,551.00 | 1,743.00 | 2,013.00 | 2,209.00 | 2,445.00 | 2,582.00 | 2,796.00 | 3,058.00 | 3,280.00 | 3,361.00 | 3,468.00 | 3,518.00 | 3,648.00 | 3,755.00 | 4,007.00 |
| Depreciation and amortisation | 42.00 | 44.00 | 50.00 | 52.00 | 52.00 | 55.00 | 88.00 | 70.00 | 74.00 | 72.00 | 79.00 | 79.00 | 83.00 | 87.00 | 84.00 | 87.00 |
| Other expenses | 1,447.00 | 1,556.00 | 1,581.00 | 1,713.00 | 1,724.00 | 1,809.00 | 1,841.00 | 1,862.00 | 1,986.00 | 2,106.00 | 2,074.00 | 2,209.00 | 2,264.00 | 2,355.00 | 2,472.00 | 2,524.00 |
| Total expenses | 3,539.00 | 3,805.00 | 4,036.00 | 4,649.00 | 5,156.00 | 5,479.00 | 5,602.00 | 6,119.00 | 6,669.00 | 7,124.00 | 7,149.00 | 7,688.00 | 7,985.00 | 8,222.00 | 8,457.00 | 8,816.00 |
| Profit before exceptional items and tax | 816.00 | 972.00 | 1,245.00 | 1,065.00 | 1,216.00 | 1,363.00 | 1,556.00 | 1,559.00 | 1,512.00 | 1,469.00 | 1,860.00 | 1,695.00 | 1,630.00 | 1,862.00 | 2,140.00 | 2,398.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 816.00 | 972.00 | 1,245.00 | 1,065.00 | 1,216.00 | 1,363.00 | 1,556.00 | 1,559.00 | 1,512.00 | 1,469.00 | 1,860.00 | 1,695.00 | 1,630.00 | 1,862.00 | 2,140.00 | 2,398.00 |
| Current tax | 179.00 | 262.00 | 292.00 | 296.00 | 361.00 | 387.00 | 270.00 | 333.00 | 418.00 | 483.00 | 555.00 | 486.00 | 478.00 | 568.00 | 604.00 | 682.00 |
| Deferred tax | 28.00 | -12.00 | 54.00 | -26.00 | -36.00 | -50.00 | 160.00 | 66.00 | -31.00 | -104.00 | -55.00 | -49.00 | -61.00 | -90.00 | -87.00 | -71.00 |
| Tax expense | 207.00 | 249.00 | 346.00 | 270.00 | 325.00 | 336.00 | 430.00 | 400.00 | 387.00 | 378.00 | 500.00 | 437.00 | 417.00 | 477.00 | 517.00 | 611.00 |
| Profit for the period | 606.00 | 720.00 | 901.00 | 792.00 | 888.00 | 1,027.00 | 1,144.00 | 1,160.00 | 1,125.00 | 1,093.00 | 1,362.00 | 1,260.00 | 1,214.00 | 1,386.00 | 1,626.00 | 1,789.00 |
| Profit attributable to owners | 283.00 | 332.00 | 408.00 | 371.00 | 421.00 | 467.00 | 513.00 | 548.00 | 526.00 | 486.00 | 614.00 | 578.00 | 550.00 | 626.00 | 687.00 | 806.00 |
| Profit attributable to non-controlling interests | 323.00 | 388.00 | 493.00 | 420.00 | 467.00 | 560.00 | 631.00 | 611.00 | 600.00 | 607.00 | 749.00 | 681.00 | 664.00 | 760.00 | 938.00 | 983.00 |
| Other comprehensive income | 28.00 | 16.00 | 19.00 | 49.00 | -22.00 | -16.00 | 42.00 | 16.00 | 19.00 | 84.00 | -52.00 | 50.00 | -16.00 | 6.00 | -30.00 | 157.00 |
| Total comprehensive income | 634.00 | 736.00 | 920.00 | 840.00 | 866.00 | 1,011.00 | 1,186.00 | 1,176.00 | 1,145.00 | 1,177.00 | 1,310.00 | 1,310.00 | 1,199.00 | 1,392.00 | 1,596.00 | 1,946.00 |
| Earnings per share, basic | 15.07 | 17.69 | 21.72 | 19.78 | 22.41 | 24.88 | 27.32 | 29.20 | 27.99 | 25.89 | 32.68 | 30.81 | 29.28 | 33.32 | 36.59 | 42.92 |
| Earnings per share, diluted | 15.07 | 17.69 | 21.72 | 19.78 | 22.41 | 24.88 | 27.32 | 29.20 | 27.99 | 25.89 | 32.68 | 30.81 | 29.28 | 33.32 | 36.59 | 42.92 |
| Interest earned | 3,035.00 | 3,360.00 | 3,719.00 | 4,089.00 | 4,468.00 | 4,867.00 | 5,196.00 | 5,643.00 | 6,052.00 | 6,451.00 | 6,710.00 | 6,954.00 | 7,202.00 | 7,539.00 | 7,921.00 | 8,363.00 |
| Fees and commission income | 229.00 | 270.00 | 340.00 | 261.00 | 402.00 | 424.00 | 480.00 | 476.00 | 478.00 | 485.00 | 535.00 | 537.00 | 528.00 | 566.00 | 697.00 | 713.00 |
| Net gain on fair value changes | 33.00 | 38.00 | 25.00 | 92.00 | 139.00 | 151.00 | 117.00 | 190.00 | 140.00 | -16.00 | 10.00 | 133.00 | 0.00 | 52.00 | 0.00 | 178.00 |
| Dividend income | 2.00 | 1.00 | 3.00 | 3.00 | 6.00 | 4.00 | 6.00 | 5.00 | 7.00 | 3.00 | 9.00 | 6.00 | 10.00 | 7.00 | 12.00 | 7.00 |
| Rental income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Annual results, as filed
| Line | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 13,135.00 | 13,900.00 | 14,644.00 | 18,146.00 | 25,804.00 | 33,125.00 | 39,073.00 |
| Other income | 1.00 | 5.00 | 91.00 | 230.00 | 283.00 | 335.00 | 503.00 |
| Total income | 13,136.00 | 13,905.00 | 14,735.00 | 18,376.00 | 26,087.00 | 33,460.00 | 39,576.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 837.00 | 936.00 | 1,354.00 | 1,844.00 | 2,994.00 | 3,790.00 | 4,686.00 |
| Finance costs | 4,592.00 | 4,608.00 | 4,328.00 | 5,778.00 | 9,249.00 | 12,494.00 | 14,388.00 |
| Depreciation and amortisation | 150.00 | 145.00 | 154.00 | 176.00 | 248.00 | 296.00 | 333.00 |
| Other expenses | 4,573.00 | 4,383.00 | 5,019.00 | 5,913.00 | 7,087.00 | 8,028.00 | 9,301.00 |
| Total expenses | 11,330.00 | 11,505.00 | 11,691.00 | 14,552.00 | 20,887.00 | 27,060.00 | 32,250.00 |
| Profit before exceptional items and tax | 1,806.00 | 2,400.00 | 3,044.00 | 3,824.00 | 5,200.00 | 6,400.00 | 7,326.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1,806.00 | 2,400.00 | 3,044.00 | 3,824.00 | 5,200.00 | 6,400.00 | 7,326.00 |
| Current tax | 687.00 | 900.00 | 721.00 | 991.00 | 1,314.00 | 1,789.00 | 2,135.00 |
| Deferred tax | -45.00 | -264.00 | 80.00 | 15.00 | 48.00 | -123.00 | -287.00 |
| Tax expense | 642.00 | 636.00 | 801.00 | 1,006.00 | 1,361.00 | 1,666.00 | 1,848.00 |
| Profit for the period | 1,165.00 | 1,764.00 | 2,239.00 | 2,810.00 | 3,851.00 | 4,740.00 | 5,485.00 |
| Profit attributable to owners | 518.00 | 825.00 | 1,023.00 | 1,290.00 | 1,773.00 | 2,174.00 | 2,441.00 |
| Profit attributable to non-controlling interests | 576.00 | 940.00 | 1,216.00 | 1,519.00 | 2,078.00 | 2,566.00 | 3,044.00 |
| Other comprehensive income | -71.00 | -64.00 | 87.00 | -134.00 | 53.00 | 67.00 | 11.00 |
| Total comprehensive income | 1,094.00 | 1,700.00 | 2,326.00 | 2,675.00 | 3,904.00 | 4,807.00 | 5,496.00 |
| Earnings per share, basic | 29.35 | 43.93 | 54.50 | 68.72 | 94.39 | 115.76 | 130.01 |
| Earnings per share, diluted | 29.34 | 43.93 | 54.49 | 68.72 | 94.39 | 115.76 | 130.01 |
| Interest earned | 8,742.00 | 9,886.00 | 10,251.00 | 12,921.00 | 18,620.00 | 24,855.00 | 29,616.00 |
| Fees and commission income | 0.00 | 536.00 | 801.00 | 1,035.00 | 1,567.00 | 1,974.00 | 2,328.00 |
| Net gain on fair value changes | 143.00 | 194.00 | 68.00 | 86.00 | 500.00 | 325.00 | 82.00 |
| Dividend income | 2.00 | 2.00 | 4.00 | 7.00 | 18.00 | 25.00 | 35.00 |
| Rental income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 109,844.00 | 131,033.00 | 156,624.00 | 176,918.00 | 203,678.00 | 224,616.00 | 239,882.00 | 268,333.00 |
| Property, plant and equipment | 390.00 | 507.00 | 580.00 | 1,670.00 | 1,763.00 | 1,901.00 | 2,086.00 | 2,046.00 |
| Capital work-in-progress | 39.00 | 36.00 | 0.00 | 0.00 | 0.00 | 4.00 | 9.00 | 28.00 |
| Goodwill | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 |
| Other intangible assets | 35.00 | 45.00 | 36.00 | 42.00 | 48.00 | 56.00 | 57.00 | 91.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash and cash equivalents | 1,998.00 | 1,055.00 | 5,081.00 | 973.00 | 4,908.00 | 5,386.00 | 5,740.00 | 8,475.00 |
| Total equity and liabilities | 109,844.00 | 131,033.00 | 156,624.00 | 176,918.00 | 203,678.00 | 224,616.00 | 239,882.00 | 268,333.00 |
| Equity | 14,633.00 | 16,258.00 | 17,966.00 | 22,124.00 | 24,456.00 | 26,949.00 | 29,468.00 | 33,880.00 |
| Equity share capital | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 |
| Other equity | 6,868.00 | 7,642.00 | 8,457.00 | 10,223.00 | 11,342.00 | 12,496.00 | 13,651.00 | 15,435.00 |
| Total liabilities | 95,212.00 | — | — | — | — | 197,667.00 | 210,414.00 | 234,453.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | -11,096.00 | -29,329.00 | -16,862.00 | -35,726.00 | -18,590.00 | -34,201.00 | -10,870.00 | -30,033.00 |
| Net cash from investing activities | -91.00 | -257.00 | -124.00 | -2,625.00 | -741.00 | -1,038.00 | -672.00 | -2,528.00 |
| Net cash from financing activities | 10,384.00 | 27,840.00 | 21,011.00 | 38,269.00 | 23,265.00 | 39,652.00 | 11,896.00 | 35,650.00 |
| Purchase of property, plant and equipment | 81.00 | 248.00 | 128.00 | 1,169.00 | 137.00 | 341.00 | 201.00 | 360.00 |
| Net increase in cash | -803.00 | -1,746.00 | 4,025.00 | -82.00 | 3,934.00 | 4,413.00 | 354.00 | 3,089.00 |
| con:CFO.BEFORE_TAX | 4,216.00 | 9,431.00 | 6,446.00 | 14,074.00 | -12,837.00 | -24,419.00 | -7,138.00 | -21,982.00 |
| con:INTEREST_RECEIVED.OPERATING | 523.00 | 1,119.00 | 687.00 | 1,425.00 | 843.00 | 1,740.00 | 978.00 | 2,038.00 |
| con:INTEREST_PAID.OPERATING | 2,067.00 | 5,324.00 | 4,109.00 | 8,796.00 | 5,761.00 | 12,033.00 | 7,163.00 | 14,294.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 3.00 | 7.00 | 9.00 | 18.00 | 12.00 | 25.00 | 11.00 | 35.00 |
| con:TAX_PAID.OPERATING | 419.00 | 1,012.00 | 766.00 | 1,425.00 | 847.00 | 1,514.00 | 734.00 | 1,708.00 |
| con:CF_OTHER.OPERATING | -13,354.00 | -33,550.00 | -19,129.00 | -41,022.00 | 0.00 | 2,000.00 | 3,177.00 | 5,879.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 3.00 | 4.00 | 5.00 | 8.00 | 8.00 | 15.00 | 9.00 | 28.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 48.40 | 48.40 | 47.37 | 47.37 | 47.37 | 47.32 | 47.32 | 46.45 | 46.45 | 46.44 | 0.46 | 0.46 | 0.46 | 0.46 |
| Domestic institutions | 26.57 | 27.17 | 26.72 | 25.97 | 25.26 | 25.52 | 23.02 | 22.94 | 21.80 | 21.43 | 0.23 | 0.24 | 0.26 | 0.27 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 19.36 | 0.20 | 0.21 | 0.24 | 0.24 |
| Insurance companies | 0.57 | 0.91 | 1.26 | 1.58 | 1.23 | 1.24 | 1.33 | 1.16 | 1.00 | 1.02 | 0.01 | 0.01 | 0.01 | 0.01 |
| Foreign institutions | 11.99 | 11.30 | 12.92 | 12.87 | 13.78 | 13.72 | 16.27 | 16.37 | 17.67 | 18.32 | 0.17 | 0.16 | 0.14 | 0.13 |
| Government | — | — | — | — | — | — | — | — | — | 0.46 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 51.60 | 51.60 | 52.63 | 52.63 | 52.63 | 52.68 | 52.68 | 53.55 | 53.55 | 53.56 | 0.54 | 0.54 | 0.54 | 0.54 |
| Non-institutional | 12.58 | 12.67 | 12.52 | 13.33 | 13.13 | 12.97 | 12.93 | 13.78 | 13.61 | 13.35 | 0.13 | 0.13 | 0.13 | 0.13 |
| Shares outstanding | 187777462 | 187777462 | 187777462 | 187777462 | 187777462 | 187777462 | 187777462 | 187777462 | 187777462 | 187777462 | 187777462 | 187777462 | 187777462 | 187777462 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Cholamandalam Investment And Finance Company Limited | Associate | Any other transaction, Interest received, Investment | 3,318,500,000.00 | 10 |
| Chola Insurance Distribution Services Pvt. Ltd. (Formerly Ch | Promoter / Promoter Group | Any other transaction, Sale of goods or services | 1,906,100,000.00 | 5 |
| Chola People and Marketing Services Private Ltd. | Promoter / Promoter Group | Any other transaction, Purchase of goods or services | 1,123,800,000.00 | 4 |
| Mitsui Sumitomo Insurance Company Limited | Company holding substantial intere | Any other transaction, Sale of goods or services | 647,700,000.00 | 5 |
| Cholamandalam Investment and Finance Company Limited | Associate | Any other transaction, Dividend received | 268,400,000.00 | 4 |
| CG Power and Industrial Solutions Limited | Promoter / Promoter Group | Any other transaction, Sale of goods or services | 103,500,000.00 | 4 |
| E.I.D.PARRY (INDIA) LTD. | Promoter / Promoter Group | Any other transaction, Purchase of goods or services | 79,500,000.00 | 6 |
| Parry Enterprises India Limited | Subsidiary of ent. having signific | Any other transaction, Purchase of goods or services | 73,800,000.00 | 5 |
| CARBORUNDUM UNIVERSAL LIMITED | Promoter / Promoter Group | Any other transaction, Dividend paid, Sale of goods | 66,300,000.00 | 5 |
| Net Access (India) limited | Promoter / Promoter Group | Any other transaction, Purchase of goods or services | 63,500,000.00 | 5 |
| Tube Investments of India Ltd. (formerly, TI Financial Holdi | Promoter / Promoter Group | Any other transaction, Sale of goods or services | 52,100,000.00 | 4 |
| Cholamandalam MS General Insurance Company Limited | Subsidiary Company | Purchase of goods or services, Sale of goods or serv | 50,000,000.00 | 2 |
| AMBADI INVESTMENTS LIMITED | Company holding substantial intere | Dividend paid | 38,900,000.00 | 1 |
| Murugappa Management Services Private Limited (Formerly, Mur | Promoter / Promoter Group | Any other transaction, Purchase of goods or services | 18,200,000.00 | 5 |
| Cholamandalam Ms Risk Services Limited | Joint Venture | Any other transaction, Purchase of goods or services | 16,600,000.00 | 6 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-20 | Q1FY27 | Chola MS, Officer | Read the call |
| 2026-05-15 | Q4FY26 | CHOLAMANDALAM MS GENERAL INSURANCE, LIMITED | Read the call |
| 2026-02-13 | Q3FY26 | CHOLAMANDALAM MS GENERAL INSURANCE, DIRECTOR – CHOLAMANDALAM FINANCIAL, LIMITED | Read the call |
| 2025-11-11 | Q2FY26 | CHOLAMANDALAM MS GENERAL INSURANCE, DIRECTOR – CHOLAMANDALAM FINANCIAL, LIMITED | Read the call |
| 2025-02-12 | Q3FY25 | CHOLAMANDALAM FINANCIAL HOLDINGS, CHOLAMANDALAM MS GENERAL INSURANCE, DIRECTOR, CHOLAMANDA | Read the call |
| 2022-08-18 | Q1FY23 | CHOLAMANDALAM, CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED, HOLDINGS LIMITED, MANAGING, SURYA | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q1FY23 | Q1FY27 | Q2FY26 | Q3FY25 | Q3FY26 | Q4FY26 |
|---|---|---|---|---|---|---|
| Capital allocation | All these businesses are either on tender basis or because of the inherent high loss ratios that these businesses have, they have very low acquisition… | Cholamandalam Financial Holdings Limited August 14, 2026 Where would our profitability or ROE tentatively look like in terms of given that we have a s… | — | — | Meaning, they have factored only investment mark-to-market, deferment of acquisition cost to offset impact of 1/n premium accounting, aligning deferra… | Shareholders have been considered not to take a dividend. |
| Debt and cash | What this would mean is that the speed with which the claims get reported is poised to rise and in the revised procedure, the speed of settlement will… | — | — | — | — | It's not that there is a loss in cash flow. |
| Demand | — | We continue to see a healthy pipeline of opportunities in these segments, and we have received positive traction from channel partners who are keen to… | — | — | — | — |
| Guidance | I would tend to think that by end of the year, we would be at about 1.5 to 1.6X of GI growth, I think that is the kind of growth that we expect and as… | Following the NATCAT events experienced by the industry during June, we expect greater pricing discipline in the property insurance segment over the c… | — | Should we expect that it to go to below 70 is kind of a number going ahead, sir? | So if you could kind of help us and guide us to saying which number should we focus on? | I think from an overall group perspective, we typically don't give guidance from a forward- looking perspective. |
| Margin | — | As part of our reserving philosophy, we always maintain an appropriate margin for adverse deviation, and any potential impact arising from such judgme… | — | — | — | — |
| People | Actually, the yield started increasing after RBI increased the repo rate recently, as you rightly said about that, there are two things that is happen… | Similarly, as part of our risk management approach, there may be instances where we have written a share of the primary Cholamandalam Financial Holdin… | So it is a necessary trade-off between whether you want to have an attrition and have investment book and earnings now and then liability really getti… | — | — | — |
| Pricing | My third question in on the wholesale businesses the B2B business excluding group health, so what are the key USP that you have in this business to do… | The growth continued to be driven by motor and health, while commercial lines, especially fire, remained under pressure due to the intense pricing com… | But then the worry is in the context of absence in price increase, is it really worth taking on a risk for 4 and 5 years from now? | Some of our products, we had a price increase in one of the products coming in from October and in one of the products, we have the division is coming… | So unless there is a fundamental shift in the motor TP pricing that one makes for 2-wheelers, our call is that it may land and it may flex the future … | Of course, the underlying pricing component in the commercial side is not something that we would have liked. |
| Revenue growth | The company’s long-term policies’ growth was more and as per the IRDA direction, the company needed to upfront expense the entire acquisition cost imp… | The general insurance industry recorded a growth of approximately 8.3% in Q1 as compared to 8.9% in the corresponding quarter last year. | So how does that kind of translate from our point of view, given that the first half has been pretty tepid for us in terms of growth of the overall pr… | 2,003 crores with a growth rate of 8% as against the multi-line insurers growth of 7.2%. | — | Clearly, see, the other aspect of the top line drop is also the conscious reduction in 2-wheeler. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2022-08-18 | Q1FY23 | CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED | Overall premium from Chola Finance it is there in page 60, Together with our own insurance express outlets, we get about 31% of total premium and we expect this proportion to grow to about 35% at least by the end of the year. if I have left anything please bring it up, please? |
| 2022-08-18 | Q1FY23 | SURYANARAYANAN | See, that would clearly be a function of while the investment corpus accretion that we will have, normal scenario we expect to have net accretion of about 2000 Crores very clearly so to put a number say March 2023 we could well see the corpus ending at about 14500 Crores and the incremental yield that will naturally be market linked, market related. |