CIFC IN: Loan Growth Moderation to Test Sector Leadership. Maintain ADD
CIFC’s portfolio diversification beyond vehicle finance (VF) has yielded results with the share of vehicle finance at ~58% as of Mar-24 (FY18: 73%)
324 Views
Cholamandalam Invst. & Finance Co.Ltd. - Robust Growth in AUM Sustained
NIM was stable QoQ at 7.4%. However, it declined by 20bps YoY. Robust AUM growth and stable margins sequentially aided healthy growth in NII at 36...
208 Views
Cholamandalam Investment & Finance Company: Strong Franchise but Diminishing Margin of Safety.
Chola’s core businesses (vehicle, LAP and home loans) have delivered steady outcomes on growth as well as profitability parameters
440 Views
Cholamandalam Invst. & Finance Company Ltd - Strong Disbursement Growth with Healthy Margins
Strong growth in Disbursement at 47/8% YoY translated into healthy advances growth of 42/8% YoY/QoQ. NIM reported at 7.4%, an increase of 10bps...
195 Views
Cholamandalam Invst. & Finance Company Ltd. - Growth Visibility Healthy; Maintain BUY!
Despite Q1 being a seasonally weak quarter, CIFC reported a healthy disbursement growth of 50% YoY led by robust growth across segments, however...
315 Views