- Net Income: 9.42 billion rupees, a 30% increase year-over-year, missed the estimate of 9.55 billion rupees.
- Revenue: 57.8 billion rupees, up 42% year-over-year, significantly above the estimate of 30.01 billion rupees.
- Total Costs: Rose by 44% year-over-year to 45.6 billion rupees.
- Other Income: 442.6 million rupees, a 38% decrease year-over-year, falling short of the estimate of 812.4 million rupees.
- Gross Non-Performing Assets: Increased slightly to 3.62% from 3.54% quarter-over-quarter.
- Stage 3 Ratio: Rose to 2.62% from 2.48% quarter-over-quarter.
- Capital Adequacy Ratio: Decreased to 18% from 18.6% quarter-over-quarter.
- Shares: Increased by 4.1% to 1,419 rupees with 781,300 shares traded.
- Analyst Ratings: 29 buys, 5 holds, and 4 sells.
A look at Cholamandalam Investment and Finance Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Cholamandalam Investment and Finance Company Limited, a financial services provider, has been assigned Smartkarma Smart Scores indicating its outlook. With a Value score of 3, the company is deemed to offer fair value in the market. Its Growth score of 4 suggests a promising future in terms of expansion and development. Momentum, also at 4, highlights a strong upward trend in the company’s performance. However, Cholamandalam’s Dividend and Resilience scores, at 2 each, indicate room for improvement in terms of dividend payouts and stability during challenging times.
As Cholamandalam Investment and Finance continues to offer services like vehicle finance, home equity loans, investment advisory, and stock broking, investors may find potential in the company’s growth prospects and positive momentum. While the scores provide a snapshot of the company’s overall outlook, investors may delve deeper into the specifics to make informed decisions about their investments in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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