Cholamandalam Investment and Finance Company Limited announced its audited standalone and consolidated financial results for FY26, delivering robust performance across key metrics. The Board of Directors approved the results at their meeting held on April 30, 2026, and recommended a final dividend of Re. 0.70 per equity share (35%) for the financial year ended March 31, 2026. Looking ahead, the company expects 23% growth in AUM for FY27, with the CFO noting positive momentum in Vehicle Finance disbursements driven by a recovery in the auto sector.

Financial Performance Highlights

The company demonstrated exceptional growth with total Assets Under Management (AUM) reaching ₹2,42,630 crore as of March 31, 2026, registering a 21% year-on-year growth from ₹1,99,876 crore in the previous year. Net profit for FY26 stood at ₹5,219.59 crore, representing a 23% increase from ₹4,258.53 crore in FY25.

Segment-wise Business Performance

The company maintained strong growth across all business segments. Vehicle Finance AUM reached ₹1,19,558 crore, up 18% year-on-year, while Loan Against Property grew 26% to ₹52,295 crore. Home Loans segment achieved ₹22,688 crore AUM with 23% growth, and SME Loans demonstrated robust 41% growth to ₹9,338 crore.

FY27 Outlook

The company expects 23% growth in AUM for FY27. The CFO highlighted that Vehicle Finance disbursements are expected to remain positive, supported by a recovery in the auto sector — a key driver for the company's largest business segment.

Asset Quality and Capital Position

The company maintained healthy asset quality with Stage 3 assets at 3.05% as of March 2026, compared to 3.36% in December 2025. Gross NPA as per RBI norms stood at 4.36%, while Net NPA was 2.87%. The Capital Adequacy Ratio (CAR) remained robust at 19.21%, well above the regulatory requirement of 15%, with Tier-I Capital at 14.73%.

Dividend and AGM Details

The Board recommended a final dividend of Re. 0.70 per equity share (35%) for FY26, subject to shareholder approval at the 48th Annual General Meeting scheduled for July 28, 2026. The dividend will be paid on or before August 26, 2026, to shareholders whose names appear in the Register of Members as on July 21, 2026. This is in addition to the interim dividend of ₹1.30 per share (65%) declared in January 2026.

Liquidity and Financial Strength

The company reported strong liquidity with a cash balance of ₹20,692 crore as of March 31, 2026, including High-Quality Liquid Assets (HQLA) of ₹6,080.94 crore. Total liquidity position stood at ₹21,186 crore, including undrawn sanctioned lines. Outstanding Qualified Borrowings were ₹1,45,434.82 crore, with the company maintaining its highest credit rating of AA+.

Cholamandalam Investment and Finance Company Limited has allotted Secured Non-Convertible Securities (NCS) worth ₹500 crs through a private placement under the NSE Electronic Book Provider (EBP) platform. The allotment, comprising 50,000 securities, was made in compliance with Regulation 30 and 30(A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as communicated to the Bombay Stock Exchange of India Limited.

Key Details of the NCS Allotment

The allotted securities have been listed on the Wholesale Debt Market (WDM) segment of NSE. The issue carries a coupon rate of 8.08% and has a tenure of 3 years 1 month (1,127 days). The following table summarises the key parameters of the allotment:

Issue Structure and Security

The total issue size is ₹1,500 crs, which includes a green shoe option of ₹1,000 crs. The securities are secured at 1x, providing investors with asset-backed coverage. Coupon payments are scheduled on 5th June 2026, annually thereafter, and on the maturity date of 5th June 2029. No special rights, interests, or privileges have been attached to these securities, and there are no reported delays or defaults in payment of interest or principal.

Regulatory Compliance

The allotment has been carried out in accordance with the applicable SEBI listing regulations. The compliance certificate was submitted to the Listing Department of the Bombay Stock Exchange of India Limited, confirming adherence to Regulation 30 and 30(A). The communication was signed by Hardik D. Pandya, Authorised Signatory of Cholamandalam Investment and Finance Company Limited, on 5th May 2026.