Cholamandalam Inv & Finance stock (INE121A01024): Launches gold loans in April 2025

Cholamandalam Inv & Finance expanded its portfolio with gold loans launched in April 2025, alongside strong PAT of Rs 34 billion. The NBFC offers vehicle finance and home loans, listed on NSE.

Cholamandalam Investment and Finance Company Ltd, trading as Cholamandalam Inv & Finance, recently launched gold loans in April 2025, diversifying its lending products. The company's profit after tax (PAT) reached Rs 3,400 crore for the reported period, according to Motilal Oswal as of May 2026. This non-banking financial company (NBFC) provides a range of services including vehicle finance and home loans, with shares trading on the National Stock Exchange (NSE) under ticker CHOLAFIN.

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: Non-banking financial company (NBFC)
• Headquarters/country: India
• Core markets: India
• Key revenue drivers: Vehicle finance, home loans, SME loans
• Home exchange/listing venue: NSE (CHOLAFIN)
• Trading currency: INR

Cholamandalam Inv & Finance: core business model

Cholamandalam Inv & Finance operates as a comprehensive NBFC in India, offering vehicle finance, home loans, SME loans, consumer loans, and loan against property. The company also provides insurance agency services, wealth management, stock broking, and mutual fund distribution, according to Motilal Oswal as of May 2026. Part of the Murugappa Group, it focuses on retail and corporate lending.

Its business model emphasizes secured lending, with vehicle and home loans forming core segments. The recent gold loans launch in April 2025 marks entry into a high-demand asset-backed lending area, potentially boosting revenue diversification.

Main revenue and product drivers for Cholamandalam Inv & Finance

Key revenue comes from vehicle finance and home loans, alongside SME and consumer lending. PAT stood at Rs 3,400 crore for the latest reported period published in 2026, per Motilal Oswal as of May 2026. The stock's P/E ratio is around 30 TTM, with market cap at Rs 1,44,842 crore.

Shares traded at an average price of 1,717.57 INR recently, with 1-year return of 23.75%, as reported by Motilal Oswal as of May 2026. Gold loans introduction targets India's growing demand for such products.

Industry trends and competitive position

India's NBFC sector benefits from rising credit demand, with peers like Bajaj Finance and Shriram Finance active in similar conferences. Cholamandalam Inv & Finance holds a competitive edge in vehicle and home finance, per Tickertape as of May 2026.

Why Cholamandalam Inv & Finance matters for US investors

US investors gain exposure to India's fast-growing financial services market via Cholamandalam Inv & Finance, listed on NSE with ISIN INE121A01024. Its role in vehicle and gold lending ties to US-India economic links, including auto sector supply chains.

Conclusion

Cholamandalam Inv & Finance continues to expand with gold loans and solid PAT figures. Its diversified NBFC model positions it well in India's lending market. Investors track NSE-listed shares amid sector growth.

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