By Helgi Library - October 15, 2019
Cholamandalam Investment and Finance made a net profit of INR 11,981 mil under revenues of INR 35,207 mil in 2018, up 30.3% and 21.3% ...
By Helgi Library - October 15, 2019
Cholamandalam Investment and Finance made a net profit of INR 11,981 mil under revenues of INR 35,207 mil in 2018, up 30.3% and 21.3% ...
By Helgi Library - October 15, 2019
Cholamandalam Investment and Finance stock traded at INR 290 per share at the end 2018 implying a market capitalization of USD 3,260 mil. ...
| Profit Statement | 2016 | 2017 | 2018 | |
| Net Interest Income | INR mil | 20,483 | 25,777 | 29,778 |
| Net Fee Income | INR mil | ... | 1,793 | 2,473 |
| Other Income | INR mil | 4,175 | 1,456 | 2,956 |
| Total Revenues | INR mil | 24,658 | 29,026 | 35,207 |
| Operating Profit | INR mil | 14,203 | 14,008 | 18,315 |
| Provisions | INR mil | 3,160 | 0 | 0 |
| Net Profit | INR mil | 7,194 | 9,193 | 11,981 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Interbank Loans | INR mil | 1,821 | 228 | 168 |
| Customer Loans | INR mil | 292,616 | 422,440 | 526,108 |
| Total Assets | INR mil | 305,982 | 441,668 | 574,901 |
| Shareholders' Equity | INR mil | 42,999 | 51,258 | 62,087 |
| Interbank Borrowing | INR mil | 32,305 | 0 | 0 |
| Customer Deposits | INR mil | 0 | 0 | 0 |
| Issued Debt Securities | INR mil | 151,046 | 201,664 | 321,238 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | 18.0 | 19.5 | 21.1 |
| ROA | % | 2.46 | 2.46 | 2.36 |
| Costs (As % Of Assets) | % | 3.58 | 4.02 | 3.32 |
| Costs (As % Of Income) | % | 42.4 | 51.7 | 48.0 |
| Capital Adequacy Ratio | % | 18.6 | 18.4 | 17.4 |
| Net Interest Margin | % | 7.00 | 6.90 | 5.86 |
| Loans (As % Of Deposits) | % | ... | ... | ... |
| Valuation | 2016 | 2017 | 2018 | |
| Price/Earnings (P/E) | 21.0 | 24.7 | 19.0 | |
| Price/Book Value (P/BV) | 3.51 | 4.43 | 3.66 | |
| Earnings Per Share (EPS) | 9.21 | 11.8 | 15.3 | |
| Book Value Per Share | 55.0 | 65.5 | 79.4 | |
Get all company financials in excel:
| summary | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||||||||||||||||
| Net Interest Income | INR mil | 8,826 | 11,977 | 14,637 | 18,161 | 20,483 | ||||||||||||||
| Total Revenues | INR mil | 11,618 | 15,103 | 17,573 | 21,661 | 24,658 | ||||||||||||||
| Operating Profit | INR mil | 5,755 | 8,371 | 9,913 | 13,049 | 14,203 | ||||||||||||||
| Net Profit | INR mil | 3,079 | 3,683 | 4,441 | 5,747 | 7,194 | ||||||||||||||
| balance sheet | ||||||||||||||||||||
| Interbank Loans | INR mil | ... | ... | ... | ... | ... | ... | ... | ... | 1,720 | 390 | 246 | 160 | 1,821 | ||||||
| Customer Loans | INR mil | 174,335 | 203,752 | 231,311 | 268,341 | 292,616 | ||||||||||||||
| Debt Securities | INR mil | 48.6 | 166 | 118 | 115 | 218 | ||||||||||||||
| Total Assets | INR mil | 182,285 | 215,442 | 238,680 | 278,892 | 305,982 | ||||||||||||||
| Shareholders' Equity | INR mil | 19,526 | 22,868 | 31,744 | 36,732 | 42,999 | ||||||||||||||
| Interbank Borrowing | INR mil | 69,699 | 31,473 | 26,763 | 39,712 | 32,305 | ||||||||||||||
| Customer Deposits | INR mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
| Issued Debt Securities | INR mil | 82,987 | 98,330 | 124,245 | 109,312 | 151,046 | ||||||||||||||
| ratios | ||||||||||||||||||||
| ROE | % | 18.3 | 17.4 | 16.3 | 16.8 | 18.0 | ||||||||||||||
| ROA | % | 1.94 | 1.85 | 1.96 | 2.22 | 2.46 | ||||||||||||||
| Costs (As % Of Assets) | % | 3.70 | 3.38 | 3.37 | 3.33 | 3.58 | ||||||||||||||
| Costs (As % Of Income) | % | 50.5 | 44.6 | 43.6 | 39.8 | 42.4 | ||||||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 19.0 | 17.2 | 21.2 | 19.7 | 18.6 | ||
| Net Interest Margin | % | 5.56 | 6.02 | 6.45 | 7.02 | 7.00 | ||||||||||||||
| Interest Income (As % Of Revenues) | % | 76.0 | 79.3 | 83.3 | 83.8 | 83.1 | ||||||||||||||
| Fee Income (As % Of Revenues) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Equity (As % Of Assets) | % | 10.7 | 10.6 | 13.3 | 13.2 | 14.1 | ||||||||||||||
| Loans (As % Of Deposits) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||
| Loans (As % Assets) | % | 95.6 | 94.6 | 96.9 | 96.2 | 95.6 | ||||||||||||||
| valuation | ||||||||||||||||||||
| Market Capitalisation (End Of Period) | USD mil | 669 | 669 | 1,357 | 1,643 | 2,220 | ||||||||||||||
| Number Of Shares (Average) | mil | 671 | 717 | 726 | 755 | 781 | ||||||||||||||
| Share Price (End Of Period) | INR | 54.6 | 57.7 | 118 | 144 | 193 | ||||||||||||||
| Earnings Per Share (EPS) | 4.59 | 5.14 | 6.12 | 7.61 | 9.21 | |||||||||||||||
| Book Value Per Share | 29.1 | 31.9 | 43.7 | 48.6 | 55.0 | |||||||||||||||
| Price/Earnings (P/E) | ... | 11.9 | 11.2 | 19.3 | 19.0 | 21.0 | ||||||||||||||
| Price/Book Value (P/BV) | 1.88 | 1.81 | 2.69 | 2.97 | 3.51 | |||||||||||||||
| Earnings Per Share Growth | % | ... | 62.7 | 12.0 | 19.1 | 24.4 | 21.0 | |||||||||||||
| Book Value Per Share Growth | % | ... | 24.2 | 9.65 | 37.1 | 11.2 | 13.1 |
| income statement | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||||||||||||||||
| Interest Income | INR mil | 22,926 | 29,671 | 34,215 | 38,641 | 42,763 | ||||||||||||||
| Interest Cost | INR mil | 14,100 | 17,694 | 19,578 | 20,480 | 22,279 | ||||||||||||||
| Net Interest Income | INR mil | 8,826 | 11,977 | 14,637 | 18,161 | 20,483 | ||||||||||||||
| Net Fee Income | INR mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Other Income | INR mil | 2,792 | 3,125 | 2,936 | 3,500 | 4,175 | ||||||||||||||
| Total Revenues | INR mil | 11,618 | 15,103 | 17,573 | 21,661 | 24,658 | ||||||||||||||
| Operating Cost | INR mil | 5,863 | 6,731 | 7,659 | 8,612 | 10,455 | ||||||||||||||
| Operating Profit | INR mil | 5,755 | 8,371 | 9,913 | 13,049 | 14,203 | ||||||||||||||
| Provisions | INR mil | ... | 1,233 | 2,834 | 3,249 | 4,273 | 3,160 | |||||||||||||
| Extra and Other Cost | INR mil | ... | 0 | -7.28 | 1.88 | -19.3 | -30.8 | |||||||||||||
| Pre-Tax Profit | INR mil | 4,522 | 5,545 | 6,662 | 8,795 | 11,074 | ||||||||||||||
| Tax | INR mil | 1,443 | 1,862 | 2,221 | 3,048 | 3,895 | ||||||||||||||
| Minorities | INR mil | ... | 0 | 0 | -0.332 | -15.0 | ||||||||||||||
| Net Profit | INR mil | 3,079 | 3,683 | 4,441 | 5,747 | 7,194 | ||||||||||||||
| growth rates | ||||||||||||||||||||
| Net Interest Income Growth | % | ... | 52.2 | 35.7 | 22.2 | 24.1 | 12.8 | |||||||||||||
| Net Fee Income Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Total Revenue Growth | % | ... | 32.7 | 30.0 | 16.4 | 23.3 | 13.8 | |||||||||||||
| Operating Cost Growth | % | ... | 28.4 | 14.8 | 13.8 | 12.4 | 21.4 | |||||||||||||
| Operating Profit Growth | % | ... | 28.4 | 14.8 | 47.3 | 31.6 | 8.85 | |||||||||||||
| Pre-Tax Profit Growth | % | ... | 56.3 | 22.6 | 20.2 | 32.0 | 25.9 | |||||||||||||
| Net Profit Growth | % | ... | 82.2 | 19.6 | 20.6 | 29.4 | 25.2 | |||||||||||||
| market share | ||||||||||||||||||||
| Market Share in Revenues | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.492 | 0.560 | 0.579 | 0.643 | 0.613 | ... | ||
| Market Share in Net Profit | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.520 | 0.683 | 0.814 | 1.40 | ... | ... | ... |
| balance sheet | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| balance sheet | ||||||||||||||||||||
| Cash | INR mil | 4,037 | 8,128 | 3,522 | 5,095 | 4,938 | ||||||||||||||
| Interbank Loans | INR mil | ... | ... | ... | ... | ... | ... | ... | ... | 1,720 | 390 | 246 | 160 | 1,821 | ||||||
| Customer Loans | INR mil | 174,335 | 203,752 | 231,311 | 268,341 | 292,616 | ||||||||||||||
| Debt Securities | INR mil | 48.6 | 166 | 118 | 115 | 218 | ||||||||||||||
| Fixed Assets | INR mil | 663 | 686 | 651 | 1,063 | 1,196 | ||||||||||||||
| Total Assets | INR mil | 182,285 | 215,442 | 238,680 | 278,892 | 305,982 | ||||||||||||||
| Shareholders' Equity | INR mil | 19,526 | 22,868 | 31,744 | 36,732 | 42,999 | ||||||||||||||
| Of Which Minority Interest | INR mil | 0 | 0 | 0 | 35.0 | 20.0 | ||||||||||||||
| Liabilities | INR mil | 162,759 | 192,574 | 206,936 | 242,160 | 262,983 | ||||||||||||||
| Interbank Borrowing | INR mil | 69,699 | 31,473 | 26,763 | 39,712 | 32,305 | ||||||||||||||
| Customer Deposits | INR mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
| Issued Debt Securities | INR mil | 82,987 | 98,330 | 124,245 | 109,312 | 151,046 | ||||||||||||||
| Other Liabilities | INR mil | 10,073 | 62,771 | 55,928 | 93,137 | 79,633 | ||||||||||||||
| growth rates | ||||||||||||||||||||
| Customer Loan Growth | % | ... | 34.1 | 16.9 | 13.5 | 16.0 | 9.05 | |||||||||||||
| Total Asset Growth | % | ... | 35.1 | 18.2 | 10.8 | 16.8 | 9.71 | |||||||||||||
| Shareholders' Equity Growth | % | ... | 39.1 | 17.1 | 38.8 | 15.7 | 17.1 | |||||||||||||
| Customer Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||
| market share | ||||||||||||||||||||
| Market Share in Customer Loans | % | ... | ... | ... | ... | 0.316 | 0.317 | 0.326 | 0.337 | 0.354 | ... | |||||||||
| Market Share in Total Assets | % | 0.210 | 0.213 | 0.214 | 0.221 | 0.215 | ... | |||||||||||||
| Market Share in Customer Deposits | % | 0 | 0 | 0 | 0 | 0 | ... |
| ratios | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| ratios | ||||||||||||||||||||
| ROE | % | 18.3 | 17.4 | 16.3 | 16.8 | 18.0 | ||||||||||||||
| ROA | % | 1.94 | 1.85 | 1.96 | 2.22 | 2.46 | ||||||||||||||
| Costs (As % Of Assets) | % | 3.70 | 3.38 | 3.37 | 3.33 | 3.58 | ||||||||||||||
| Costs (As % Of Income) | % | 50.5 | 44.6 | 43.6 | 39.8 | 42.4 | ||||||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 19.0 | 17.2 | 21.2 | 19.7 | 18.6 | ||
| Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 13.6 | ||
| Net Interest Margin | % | 5.56 | 6.02 | 6.45 | 7.02 | 7.00 | ||||||||||||||
| Interest Spread | % | ... | 4.51 | 4.96 | 5.27 | 5.81 | 5.80 | |||||||||||||
| Asset Yield | % | 14.5 | 14.9 | 15.1 | 14.9 | 14.6 | ||||||||||||||
| Cost Of Liabilities | % | ... | 9.94 | 9.96 | 9.80 | 9.12 | 8.82 | |||||||||||||
| Interest Income (As % Of Revenues) | % | 76.0 | 79.3 | 83.3 | 83.8 | 83.1 | ||||||||||||||
| Fee Income (As % Of Revenues) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Other Income (As % Of Revenues) | % | 24.0 | 20.7 | 16.7 | 16.2 | 16.9 | ||||||||||||||
| Equity (As % Of Assets) | % | 10.7 | 10.6 | 13.3 | 13.2 | 14.1 | ||||||||||||||
| Loans (As % Of Deposits) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||
| Loans (As % Assets) | % | 95.6 | 94.6 | 96.9 | 96.2 | 95.6 | ||||||||||||||
| Cost of Provisions (As % Of Loans) | % | ... | 0.811 | 1.50 | 1.49 | 1.71 | 1.13 |
| other data | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| other data | ||||||||||||||||||||
| Employees | ... | ... | ... | ... | ... | 2,044 | 2,550 | 2,674 | 4,000 | 6,776 |
Get all company financials in excel:
By Helgi Library - October 15, 2019
Cholamandalam Investment and Finance's net interest margin amounted to 5.86% in 2018, down from 6.90% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 10.1% in 2007 and an all time low of -4.44% in 2002...
By Helgi Library - October 15, 2019
Cholamandalam Investment and Finance stock traded at INR 290 per share at the end 2018 implying a market capitalization of USD 3,260 mil. Since the end of 2013, the stock has appreciated by 404 % implying an annual average growth of 38.2 %. In absolute terms, the valu...
By Helgi Library - October 15, 2019
Cholamandalam Investment and Finance's net interest margin amounted to 5.86% in 2018, down from 6.90% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 10.1% in 2007 and an all time low of -4.44% in 2002...
By Helgi Library - October 15, 2019
Cholamandalam Investment and Finance generated total banking revenues of INR 29,026 mil in 2017, up 17.7% compared to the previous year. Indian banking sector banking sector generated total revenues of INR 4,320,359 mil in 2017, up 7.41% when compared...
By Helgi Library - October 15, 2019
Cholamandalam Investment and Finance's customer loans reached INR 422,440 mil in 2017, up 44.4% compared to the previous year. Indian banking sector provided customer loans of INR 88,362 bil in 2017, up 7.04% when compared to the last year. Cholamandalam ...
By Helgi Library - October 15, 2019
Cholamandalam Investment and Finance generated total banking revenues of INR 29,026 mil in 2017, up 17.7% compared to the previous year. Indian banking sector banking sector generated total revenues of INR 4,320,359 mil in 2017, up 7.41% when compared...
By Helgi Library - October 15, 2019
Cholamandalam Investment and Finance's customer loans reached INR 422,440 mil in 2017, up 44.4% compared to the previous year. Indian banking sector provided customer loans of INR 88,362 bil in 2017, up 7.04% when compared to the last year. Cholamandalam ...
By Helgi Library - October 15, 2019
Cholamandalam Investment and Finance's customer deposits reached INR 0 mil in 2017, down 0% compared to the previous year. Indian banking sector accepted customer deposits of INR 110,303 bil in 2017, up 3.61% when compared to the last year. Cholamandalam ...
By Helgi Library - October 15, 2019
Cholamandalam Investment and Finance's customer deposits reached INR 0 mil in 2017, down 0% compared to the previous year. Indian banking sector accepted customer deposits of INR 110,303 bil in 2017, up 3.61% when compared to the last year. Cholamandalam ...
Cholamandalam Investment and Finance has been growing its revenues and asset by 17.6% and 27.3% a year on average in the last 3 years. Its loans and deposits have grown by 25.2% and % a year during that time and loans to deposits ratio reached at the end of 2018. The company achieved an average return on equity of 19.6% in the last three years with net profit growing 27.7% a year on average. In terms of operating efficiency, its cost to income ratio reached 48.0% in 2018, compared to 47.4% average in the last three years.
Equity represented 10.8% of total assets or 11.8% of loans at the end of 2018. Cholamandalam Investment and Finance's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2018.
Cholamandalam Investment and Finance stock traded at INR 290 per share at the end of 2018 resulting in a market capitalization of USD 3,260 mil. Over the previous five years, stock price rose by 404% or 38.2% a year on average. That’s compared to an average ROE of 18.3% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 19.0x and price to book value (PBV) of 3.66x in 2018.
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