Cholamandalam Investment and Finance Company Limited
10,030words
3turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs
29
43.7lakh
rs
64,941
rs
3.5 lakh
43.7 lakh
Rs. 1.99 lakh
Rs. 127
3.3%
24%
Rs. 623
92%
₹1.99 lakh
Guidance — 8 items
Source
opening
“1,983 Cr as compared to Q4FY24 and by 16% in FY25 to Rs.7,404 Cr as compared to FY24.”
Source
opening
“Loss and provisions Profit before tax • • Loan losses at 0.6% in Q4FY25 as compared to -0.04% in Q4FY24 and at 0.4% in FY25 as compared to 0.2% in FY24.”
Source
opening
“197 Cr as compared to Q4FY24 and by 45% in FY25 to Rs.709 Cr as compared to FY24.”
Source
opening
“Note: Home Loans includes Affordable LAP 59 Home Loans - Industry outlook Sector Outlook Chola’s Position • The underpenetrated market and the government’s • Chola continues to expand its reach into smaller thrust on “Housing for all” are likely to support villages and towns, focusing on untapped rural areas growth going forward.”
Note
opening
“• In Q4FY25, additional provisions has been created for Partnerships business as we intend to exit this business.”
Note
opening
“FY21 FY22 FY23 FY24 FY25 • FTSE Russell - Included in FTSE4 Good Index series • FTSE Russell - Reaffirmed as constituent of FTSE4Good Index Series in June 2021.”
Others
opening
“There can be no assurance that future developments affecting Cholamandalam Investment and Finance Company Ltd and its subsidiaries will be those anticipated by management.”
Others
opening
“Cholamandalam Investment and Finance Company Ltd does not intend and is under no obligation, to update any particular forward- looking statement included in this presentation.”
Advertisement
Risks & concerns — 6 flagged
• Overall cost of funds is expected to remain high due • The company continues to pursue profitable growth to the impact of the elevated systemic rates.
— Source
• Chola will focus on profitability through tailored pricing models based on customer risk profiling, ensuring even more competitive offerings for customers.
— Source
7 8 Risk organization Risk governance & reporting 78 We have integrated best-in-class practices across all key risk areas (I/II) Category Key Highlights 1 2 Risk vision • Risk Appetite Statement implemented as a strategic lever: Strong linkage to functions with well-defined thresholds and robust governance mechanisms Capital & Liquidity risk • Well-diversified source of funds with judicious mix of instruments and of investor profiles • Liquidity position assessed regularly.
— Note
Source: Google Lighthouse 93 Primary Colours Our Data and Analytics team works across the entire value chain of customer journey UW Scorecards Risk-based pricing Pre-approved offer generation Account monitorin g dit e r C ent m s s e s s a Crosssell & Sales EWS Model Roll-forward Model Bureau enrichment for DPD customers Propensity models CIBIL Alerts 94 Environmental Social Governance 95 Consecutively awarded for last 5 years…….
— Note
ESG Working Committee – This Committee comprises the members of the Risk Management (ERM) division and SPOCs from lines of business and functions, directly into ESG related aspects to undertake engaged implementation of the initiatives at the ground level, data obtaining, submission of reports, regulatory compliance, coordination etc.
— Note
Internal working groups for effective and sustained implementation of ESG activities in the organization through Enterprise Risk Management (ERM) division and SPOCs from lines of business and functions, directly engaged into ESG to implement initiatives at the ground level, data obtaining, submission of reports, regulatory compliance etc .
— Note
Speaking time
1
1
1
Advertisement
Opening remarks
Source
https://www.indiaratings.co.in/pressrelease/74260, https://www.icra.in/Research/ViewResearchReport/6266, https://www.icra.in/Research/FullReportView/6139, https://www.icra.in/Research/FullReportView/6139 52 Loan Against Property - Disbursements and Asset Under Management Disbursements (₹Cr) Assets under Management (₹Cr) 53 3,627 5,536 9,299 13,554 17,913 FY21FY22FY23FY24FY2512,716 15,250 20,474 29,036 38,927 2,062 1,544 1,114 823 2,512 *14,777 *16,795 *21,588 *29,859 *41,439 FY21FY22FY23FY24FY25On BookAssigned* Total AUM Loan Against Property – Income and Profit before tax Income (₹Cr) Profit before tax (₹Cr) 54 1,642 1,807 2,292 3,208 4,543 FY21FY22FY23FY24FY253064697599731,266FY21FY22FY23FY24FY25 Loan Against Property – Asset Ratios Net Income Margin (%) Expenses Ratio (%) Loan Losses & Provisions (%) ROA - PBT (%) 55 4.3%4.9%5.5%5.5%5.6%FY21FY22FY23FY24FY251.0%1.2%1.4%1.8%1.9%FY21FY22FY23FY24FY251.1%0.7%0.1%-0.2%0.2%FY21FY22FY23FY24FY252.2%3.0%4.0%3.9%3.6%FY21FY22FY23FY24FY25 Profit
Note
• FLDG recovery is part of Other Income in FY24. CSEL loan losses in FY 24 is before FLDG recovery which is around 1%. • In Q4FY25, additional provisions has been created for Partnerships business as we intend to exit this business. CSEL – Consumer & Small Enterprise Loan 67 ParticularsQ1 FY24Q1 FY25Q2 FY24Q2 FY25Q3 FY24Q3 FY25Q4 FY24Q4 FY25Growth %Q4-o-Q4FY24FY25Growth %(YTD)Y-o-YDisbursements2,355 3,486 2,853 3,588 2,773 3,149 3,301 2,328 -29%11,281 12,552 11%Asset Under Management6,866 12,909 8,486 14,175 9,767 14,817 11,430 14,573 28%11,430 14,573 28%Income343 613 394 690 453 729 523 722 38%1,713 2,754 61%Finance Charges133 223 159 250 186 275 189 271 43%666 1,020 53%Net Income210 390 235 440 268 453 334 451 35%1,047 1,734 66%Expenses76 145 109 167 113 159 132 137 4%430 609 41%Net Credit Losses82 144 80 172 96 210 113 256 127%371 783 111%PBT52 101 46 100 58 84 89 57 -36%246 343 39%Asset RatiosIncome 22.3%20.2%20.4%20.2%19.8%19.9%19.8%19.9%20.4%20.3%Cost of Funds8.6%7.4%8.2%7.3%8.1%
Others
Livelihood, Slum Development, Disaster Relief, Senior Citizen Support 101 Contact us Our registered office Cholamandalam Investment and Finance Company Limited (Chola), Chola Crest, C54-55 & Super B-4, Thiru-Vi-Ka Industrial Estate, Guindy, Chennai - 600032. Toll free number: 1800-200-4565 (9 AM to 7 PM) Land Line: 044–4090 7172 http://www.cholamandalam.com Email-ID Sujatha P-Executive Vice President & Company Secretary – companysecretary@chola.murugappa.com Arulselvan D- President & CFO – cfo@chola.murugappa.com Disclaimer • Certain statements included in this presentation may be forward looking statements made based on management’s current expectations and beliefs concerning future developments and their potential effects upon Cholamandalam Investment and Finance Company Ltd and its subsidiaries. There can be no assurance that future developments affecting Cholamandalam Investment and Finance Company Ltd and its subsidiaries will be those anticipated by management. These forward-look
Advertisement