C

Cholamandalam Financial Holdings Ltd.

CHOLAHLDNGNSE
Market snapshot · 2026-08-10 20:58 UTC

1,622.10

₹-5.90 (-0.36%)

MARKET CAP

₹30.46K Cr

STOCK P/E

12.5x

52W HIGH

₹2,064.00

52W LOW

₹1,305.00

BOOK VALUE

₹823.00

EPS

₹130.08

ROE

18.04%

SECTOR

Financials

GROSS NPA

0.00%

VOLUME

71,470

P/B RATIO

1.97x

NET NPA

0.00%

Sector

Financials

Themes

Diversified FinancialsMurugappa Group
D
Dividend
E
Earnings
₹2,017.91₹1,860.41₹1,702.91₹1,545.40₹1,387.90VolumeEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for CHOLAHLDNG.

3.00 analysts

Price Forecast

Current
₹1,622
High Target
₹2,355
▲ +45.2%
Median Target
₹2,230
▲ +37.5%
Low Target
₹2,000
▲ +23.3%
Now₹1,622High ₹2,355Median ₹2,230Low ₹2,000Aug '25Now12M Target
Price history (1Y)
Analyst target range
3 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹1,307 - ₹2,09880%
6M₹1,210 - ₹2,36380%
12M₹1,099 - ₹2,83080%
Realized vol: +36.9% · Drift: +15.2%

Revenue Forecast

₹ Cr
Mar '26Current₹52.0
Sep 2026 ETrend estimate range
High₹36.4Base₹33.7Low₹31.0
Jun '25: ₹4.0 · Sep '25: ₹30.0 · Dec '25: ₹4.0 · Mar '26: ₹52.0 · Sep '26: ₹33.7 · Dec '26: ₹4.5
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E4.030.04.052.033.74.5
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Mar '26Current₹2.05
Sep 2026 ETrend estimate range
High₹1.94Base₹1.73Low₹1.52
Jun '25: ₹0.11 · Sep '25: ₹1.45 · Dec '25: ₹0.14 · Mar '26: ₹2.05 · Sep '26: ₹1.73 · Dec '26: ₹0.17
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E0.111.450.142.051.730.17
PastCurrentTrend estimate: Low / Base / High
EPS forecast unavailable from FMP/yfinance.
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
67%
Analyst Consensus
Positive

From 3 analysts

Mean upside+35.3%

Fundamentals

Strong

Fundamentals institutional score is 71 using EVA spread proxy 6.0%; growth durability 50.0.

Valuation

Fairly valued

Valuation institutional score is 66 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 92 using mean target upside 35.3%; dispersion penalty 6.5; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 40 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Unavailable

This data source has not been supplied for the decision payload.

Signal Summary

Market intelligence remains Neutral. fundamentals and valuation provide support, while technical structure remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Fairly valuedAnalyst Consensus PositiveTechnical Structure Weak Structure

Key Data Points

Mean Target Price2,195 target
Mean Upside+35.3%
Technical Score40%
Fundamental Score71%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 3.0% above historical median. Valuation is stable — currently in the overvalued zone (z-score: +0.3). Confidence: 78%.

Live forward EPS implies next-12-month EPS of ₹191.00. Applying the stock's normalized valuation corridor produces a fair range of ₹1,688.44 to ₹2,672.09, with base value near ₹2,320.65 (+43.1% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹191.00

Forward P/E

8.5x

Base Fair Value

₹2,320.65

Fair Range

₹1,688.44 - ₹2,672.09

Upside To Base

+43.1%

Estimate Source

Live forward EPS

Growth Estimate

+12.0%

P/B
Strongly Undervalued

5Y Average

2.40

Current

1.97

Overvalued

2.76

Undervalued

2.04

P/E
Overvalued

5Y Average

9.20

Current

12.52

Overvalued

13.99

Undervalued

8.84

P/S
Strongly Overvalued

5Y Average

1.06

Current

1.44

Overvalued

1.22

Undervalued

0.90

Peers & Comparison

Sector: Financials · Theme: Diversified Financials

Diversified Financials · Diversified Financials Peers5 peers
Avg P/E: 36.8x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
MOTILAL OSWAL FIN LTD
MOTILALOFSDiversified Financials
+23.9%23.0%
27.3x
Undervalued
-26% vs avg
-5.3%
IIFL CAPITAL SERVICES LTD
IIFLCAPSDiversified Financials
+3.3%24.5%
19.3x
Undervalued
-48% vs avg
+9.3%
INDIAN RENEWABLE ENERGY
IREDASpecialized Finance
+23.7%46.0%
17.1x
Undervalued
-54% vs avg
-17.3%
IFCI LTD
IFCISpecialized Finance
0.0%
110.2x
Premium
+199% vs avg
+39.1%
MUTHOOT FINANCE LIMITED
MUTHOOTFINConsumer Finance
+35.3%55.5%
10.3x
Undervalued
-72% vs avg
+11.6%
WHY THESE PEERS

CHOLAMANDALAM FIN HOL LTD trades at a discount (12.5x vs peer avg 36.8x), suggesting potential undervaluation relative to the Diversified Financials cohort. Peers include MOTILAL OSWAL FIN LTD, IIFL CAPITAL SERVICES LTD, INDIAN RENEWABLE ENERGY — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹52 CrMar 2026

Latest net profit

₹38 CrMar 2026

Free cash flow

₹24 CrMar 2026

Net Profit

₹38 CrProfit conversion

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr15 Cr30 Cr45 Cr60 Cr
  • Revenue
  • Net income
  • Net margin %

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
Total incomeInterestOtheradjustmentsProfitbefore taxTax &minorityNet Profit0.00 Cr15 Cr30 Cr45 Cr60 Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Debt free
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr400 Cr800 Cr1.20K Cr1.60K Cr
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue +51329352329352430452
Interest2111100000000
Expenses +1111111111112
Financing Profit48128149228250329351
Financing Margin %94%40%95%46%95%72%97%78%97%78%97%79%97%
Other Income +0000000000000
Depreciation0000000000000
Profit before tax48128149228250329351
Tax %25%25%16%25%25%25%17%17%25%25%7%9%24%
Net Profit +36123137124238227338
EPS in Rs1.910.041.230.051.960.071.250.102.000.111.450.142.05
Gross NPA %4.63%
Net NPA %3.13%
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +46.44%46.42%46.38%46.38%46.44%
FIIs +18.32%17.39%16.47%13.81%13.00%
DIIs +21.43%22.52%23.55%26.09%26.89%
Government +0.46%0.46%0.46%0.46%0.46%
Public +13.34%13.21%13.14%13.26%13.21%
Others0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Government +
Public +

Events Timeline

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Jul 31, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Jul 23, 2026PDFCompany Reports Open

Business Responsibility and Sustainability Reporting (BRSR)

Jul 22, 2026PDFCompany Reports Open

Shareholder Meeting - AGM On 14/08/2026

Jul 22, 2026PDFCompany Reports Open

Reg. 34 (1) Annual Report.

Jul 22, 2026PDFCompany Reports Open