Cholamandalam Financial Holdings Limited is a core investment company with a market capitalization of INR 12,222.97 Crores as of 27th August 2021. In 1949, Cholamandalam Financial Holdings Limited (CFHL) was incorporated. CFHL is a part of the Murugappa Group. At the end of F.Y 2021, it registered combined revenue of Rs 13,904 Crores. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 504973 and scrip code CHOLAHLDNG. As of 27th August ‘2021, Cholamandalam Financial Holdings Limited is trading at Rs. 652.90.
It is a Core Investment Company registered with the Reserve Bank of India holding substantial investments in group companies. CFHL offers a diverse range of financial products and risk management services to individual and corporate customers through its group companies.
It serves a large number of customers by providing loans for asset acquisition through financing, asset, and family protection through general insurance and risk management services. CFHL currently holds total assets worth Rs. 88,616 Crores. The subsidiary companies of CFHL are Cholamandalam MS General Insurance Company Limited holds 60% shares, and Cholamandalam Investment and Finance Company Limited holds 45.47%. The number of permanent employees on the payrolls of the group is more than 51.000. CFHL is recognized amongst Best Brands by Economic Times. Also received Appreciation by the Government of Tamil Nadu for Crop claims management and service.
For the Quarter year ending on June 2021, total revenue was Rs 3,591 Crores, up 2% from last quarter of Rs 3,522 Crores in March 2021. The company declared a net profit after tax of Rs 357 crores for the quarter ended 30th June 2021, up from INR 213 crores for the quarter ended 31st March 2021, a 67.60% increase. Cholamandalam Financial Holdings Limited’s stock trading at 652.4 on 27th August ‘2021 (NSE) and has returned 7.75% (approx.) in the last six months and 48.38% in the previous year. Basic EPS of the company has risen to 43.93 on the quarter ended on 30th June 2021 from the last quarter of Rs. 29.35. Return on equity also has increased from 11.99% on 31st March ‘2021 to 15.31% on 30th June ‘2021.
Cholamandalam Financial Holdings share price as on 18 Apr 2024 is Rs. 1062.3. Over the past 6 months, the Cholamandalam Financial Holdings share price has decreased by 6.7% and in the last one year, it has increased by 81.25%. The 52-week low for Cholamandalam Financial Holdings share price was Rs. 562.15 and 52-week high was Rs. 1296.
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