Cholamandalam issues 20 billion NCDs: Cholamandalam stock sits 18.38 percent below high

Published on 10/14/2026 at 06:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 profit reached INR 16.56 billion, up 45.60 percent year on year. For Cholamandalam stock, results are due October 28, 2026.

Debt funding and quarterly growth

Cholamandalam allotted INR 20 billion in perpetual non-convertible securities on September 1, 2026.
Profit after tax reached INR 16.56 billion in the first quarter of fiscal 2027, up 45.60 percent year on year.
Cholamandalam will announce its next quarterly results on October 28, 2026.
Prabhudas Lilladher retained an INR 1,950 target on July 29, 2026.

Cholamandalam, INE121A01024, Illustration mit AI erstellt.

Cholamandalam (INE121A01024) allotted INR 20 billion in unsecured perpetual non-convertible securities on September 1, 2026, according to ScanX. The funding move adds to the lender's capital-market activity as investors assess its latest earnings growth and planned expansion.

Three recent company milestones

Cholamandalam reported profit after tax of INR 16.56 billion for the first quarter of fiscal 2027, up 45.60 percent from the same quarter a year earlier, according to DSIJ. Net interest income rose 26.80 percent year on year to INR 40.37 billion, while calculated net interest margin reached 7.30 percent versus 6.90 percent a year earlier.

On July 29, 2026, Prabhudas Lilladner retained its Accumulate rating and INR 1,950 target, as reported by DSIJ. The broker cited quarterly disbursements of INR 296.12 billion, up 22.00 percent year on year, and assets under management of INR 2.34 trillion, up 22.00 percent year on year.

What does the funding mean?

The September issuance followed a July 2026 results announcement and gives the company another quantified funding milestone in the current fiscal year. DSIJ reported that management targeted fiscal 2027 assets-under-management growth of 23.00 percent and planned 360 gold-loan branches, linking the capital plan to expansion beyond vehicle finance.

Next reporting date is October 28

Cholamandalam's next quarterly result announcement is listed for October 28, 2026, according to ScanX. The date gives the market a defined checkpoint for the lender's disbursement growth, margin trend and asset-quality indicators.

Stock remains below its yearly high

Cholamandalam was trading at INR 1,593.70 on the NSE on October 14, 2026 at 9:52 a.m. IST. The finance snapshot showed a 52-week range of INR 1,299.40 to INR 1,952.50, placing the price 18.38 percent below the high and 22.65 percent above the low.