Cholamandalam Inv & Fin stock (INE121A01024): Q4 net profit surges 30.62%

Cholamandalam Investment and Finance Company reported a 30.62% year-over-year jump in net profit to Rs 1,645.20 crore for the quarter ended March 2026, highlighting robust growth in its NBFC operations.

Cholamandalam Investment and Finance Company, a leading non-banking financial company in India, posted net profit of Rs 1,645.20 crore for the quarter ended March 2026, up 30.62% from Rs 1,259.54 crore in the same quarter a year earlier, according to Tickertape as of May 2026. The results underscore strong performance in vehicle finance and loans amid India's expanding credit market.

As of: 14.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Cholamandalam Investment and Finance Company Ltd
• Sector/industry: Finance - NBFC
• Headquarters/country: Chennai, India
• Core markets: India
• Key revenue drivers: Vehicle finance, home loans, SME loans
• Home exchange/listing venue: NSE/BSE (CHOLAFIN)
• Trading currency: INR

Cholamandalam Inv & Fin: core business model

Cholamandalam Investment and Finance Company Ltd operates as a diversified non-banking financial company (NBFC) primarily in India, offering vehicle finance for heavy commercial vehicles, light commercial vehicles, cars, and construction equipment, according to Moneycontrol. The company also provides home loans, corporate mortgage loans, SME loans, and investment advisory services, catering to retail and corporate clients across South India and beyond.

Founded as part of the Murugappa Group, Cholamandalam began with equipment finance for small and medium enterprises and has expanded into personal loans and home equity products. Its model focuses on secured lending backed by assets, enabling growth in India's underserved credit segments.

Main revenue and product drivers for Cholamandalam Inv & Fin

Vehicle finance remains the primary revenue driver, supporting a wide range of assets from HCVs and LCVs to cargo three-wheelers. For the March 2026 quarter, net profit growth of 30.62% to Rs 1,645.20 crore reflects strong demand in these areas, per Tickertape as of May 2026. Home loans and SME financing also contribute significantly to the portfolio.

The company's assets under management benefit from India's economic recovery, with the stock showing a 7.44% rise over the past year compared to declines in benchmark indices like Nifty Financial Services.

Industry trends and competitive position

India's NBFC sector is expanding with rising vehicle sales and housing demand, positioning Cholamandalam Inv & Fin competitively against peers. Its P/E ratio stood at 25.65 and P/B at 5.67 recently, with market cap over Rs 1,34,207 crore, according to Tickertape data.

Why Cholamandalam Inv & Fin matters for US investors

US investors gain exposure to India's fast-growing financial services market through Cholamandalam Inv & Fin's ADR potential or direct listing access via global brokers. The company's role in financing commercial vehicles ties it to India's infrastructure boom, indirectly linked to US supply chains in auto parts.

Conclusion

Cholamandalam Inv & Fin demonstrated solid Q4 performance with 30.62% profit growth, driven by core lending segments. The stock's yearly gains outperform benchmarks, amid a robust NBFC landscape in India. Investors track ongoing earnings and market trends for future insights.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.