|
26 Sep 2025 |
Cholamandalam
|
Consensus Share Price Target
|
1567.60 |
1578.33 |
- |
0.68 |
buy
|
|
|
|
|
03 May 2024
|
Cholamandalam
|
Axis Direct
|
1567.60
|
1480.00
|
1309.70
(19.69%)
|
Target met |
Buy
|
|
|
Recommendation: We continue to maintain our BUY recommendation on the stock
|
|
02 May 2024
|
Cholamandalam
|
IDBI Capital
|
1567.60
|
1480.00
|
1301.60
(20.44%)
|
Target met |
Buy
|
|
|
|
|
02 May 2024
|
Cholamandalam
|
Anand Rathi
|
1567.60
|
1525.00
|
1301.60
(20.44%)
|
Target met |
Buy
|
|
|
Driven by the strong, 42% y/y, NII growth, Cholamandalam Investment and Finance’s Q4 net profit rose 25% y/y to Rs10.6bn.
|
|
02 May 2024
|
Cholamandalam
|
Sharekhan
|
1567.60
|
1500.00
|
1301.60
(20.44%)
|
Target met |
Buy
|
|
|
Cholamandalam Investment and Finance Company (CIFC) reported a strong overall performance in Q4FY2024, except for the elevated opex ratio. Core PBT grew 20% y-o-y/20% q-o-q, led by lower credit cost and higher NII/fee income offsetting the higher opex
|
|
30 Jan 2024
|
Cholamandalam
|
Motilal Oswal
|
1567.60
|
1470.00
|
1214.05
(29.12%)
|
Target met |
Buy
|
|
|
|
|
30 Jan 2024
|
Cholamandalam
|
Axis Direct
|
1567.60
|
1375.00
|
1214.05
(29.12%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock
|
|
29 Jan 2024
|
Cholamandalam
|
IDBI Capital
|
1567.60
|
1450.00
|
1230.80
(27.36%)
|
Target met |
Buy
|
|
|
|
|
07 Dec 2023
|
Cholamandalam
|
Motilal Oswal
|
1567.60
|
1420.00
|
1137.25
(37.84%)
|
Target met |
Buy
|
|
|
|
|
06 Nov 2023
|
Cholamandalam
|
Axis Direct
|
1567.60
|
1250.00
|
1152.35
(36.04%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock
|
|
04 Nov 2023
|
Cholamandalam
|
Edelweiss
|
1567.60
|
1280.00
|
1134.30
(38.20%)
|
Target met |
Buy
|
|
|
Growth robust; stable operating metrics
|
|
29 Sep 2023
|
Cholamandalam
|
Sharekhan
|
1567.60
|
1350.00
|
1217.55
(28.75%)
|
Target met |
Buy
|
|
|
|
|
04 Aug 2023
|
Cholamandalam
|
Bonanza
|
1567.60
|
1260.00
|
1085.30
(44.44%)
|
Target met |
Buy
|
|
|
CIFC PAT grew by 28% YoY led by 26% YoY growth in operating profit. NII grew by 24% YoY despite NIM pressure during the quarter. Elevated credit cost drags the earnings however it is seasonal in nature.
|
|
03 Aug 2023
|
Cholamandalam
|
Motilal Oswal
|
1567.60
|
1350.00
|
1070.45
(46.44%)
|
Target met |
Buy
|
|
|
|
|
03 Aug 2023
|
Cholamandalam
|
Axis Direct
|
1567.60
|
1250.00
|
1070.45
(46.44%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock and value CIFC at 5.7x FY25E ABV to arrive at a target price of Rs 1,250/share, implying an upside of 14% from the CMP. The premium valuations reflect the superior performance delivery potential by CIFC.
|
|
02 Aug 2023
|
Cholamandalam
|
Edelweiss
|
1567.60
|
1280.00
|
1099.40
(42.59%)
|
Target met |
Buy
|
|
|
Superb growth yet again; operationally shaky
|
|
21 Jun 2023
|
Cholamandalam
|
Sharekhan
|
1567.60
|
1350.00
|
1134.35
(38.19%)
|
Target met |
Buy
|
|
|
|
|
08 May 2023
|
Cholamandalam
|
Edelweiss
|
1567.60
|
1150.00
|
1001.90
(56.46%)
|
Target met |
Buy
|
|
|
Superb disbursement streak continues
|
|
08 May 2023
|
Cholamandalam
|
Bonanza
|
1567.60
|
1042.00
|
1001.90
(56.46%)
|
Target met |
Hold
|
|
|
CIFC surprised yet again on bottomline aided by an in-line performance in disbursals and AUM growth and a stronger earnings performance driven by a sharply lower provisions (28% QoQ decline vs. 50% increase est.) This led to the strong net profit beat. The company management sounded optimistic on delivering growth, especially the new products, which are expected to keep momentum intact in the likelihood of a VF segment slowdown.
|
|
05 May 2023
|
Cholamandalam
|
Motilal Oswal
|
1567.60
|
1130.00
|
991.85
(58.05%)
|
Target met |
Buy
|
|
|
|
|
05 May 2023
|
Cholamandalam
|
Axis Direct
|
1567.60
|
1075.00
|
991.85
(58.05%)
|
Target met |
Buy
|
|
|
We maintain our BUY' rating on the stock and value CIFC at 5.1x Sep'24E ABV to arrive at a target price of Rs 1,075/share, implying an upside of 13% from the CMP. The premium valuations reflect the superior performance delivery potential by CIFC.
|