After 1527, Cholamandalam Invest Share Price can give 1 more bullish, keep an eye today
Cholamandalam Investment & Finance Company Ltd. (CIFCL) saw its share price surge by 2.5% today after the company reported strong financial results for the first quarter of the fiscal year 2025. The stock closed at ₹1,538, up from the previous close of ₹1,511.The company reported a consolidated total income of ₹3,408 crore for Q1 FY25, up 33.26% from the same period last year. Net profit also saw a significant increase, rising 23.4% year-over-year to ₹590 crore.
Key Highlights of CIFCL’s Q1 FY25 Results
- Consolidated total income grew 33.26% to ₹3,408 crore
- Net profit increased 23.4% to ₹590 crore
- Assets under management (AUM) grew 20% to ₹82,478 crore
- Net interest margin (NIM) stood at 8.1%
- Gross non-performing assets (GNPA) and net non-performing assets (NNPA) were at 3.1% and 1.2%, respectively
Analysts Remain Bullish on Cholamandalam Invest Share Growth Prospects
Analysts remain bullish on CIFCL’s growth prospects, citing the company’s strong market position, diversified customer base, and resilient management team. Several brokerages, including HDFC Securities and Axis Securities, have a ‘buy’ rating on the stock with target prices of ₹1,526 and ₹1,280, respectively.”Cholamandalam Investment & Finance Company has consistently delivered strong financial performance, with a 5-year profit CAGR of 23.4%,” said an analyst at HDFC Securities. “The company’s focus on vehicle finance, home loans, and SME lending, coupled with its robust distribution network, positions it well for continued growth.”
Cholamandalam Invest Share Dividend History and Valuation
CIFCL has a consistent track record of paying dividends to its shareholders. The company has declared 33 dividends since July 9, 2001, with the latest interim dividend of ₹1.30 per share (65% of face value) announced in February 2024.At the current market price of ₹1,538, CIFCL’s stock is trading at a price-to-earnings (P/E) ratio of 35.3 and a price-to-book (P/B) ratio of 6.6. The company’s market capitalization stands at ₹129,275 crore.
Disclaimer: The information given in this article is from investment experts and brokerage companies, they do not represent Local Haryana. Before taking any investment related decision, you must consult a certified expert.
