Cholamandalam Investment and Finance Company Limited (CIFCL) has reported a 20% year-on-year increase in Profit After Tax (PAT) for both Q2 and H1 of FY26, according to the company's latest financial results.

Key Financial Highlights

• PAT reached ₹1,155.00 crore in Q2 FY26, up from ₹963.00 crore in Q2 FY25
• H1 FY26 PAT stood at ₹2,291.00 crore, compared to ₹1,905.00 crore in H1 FY25
• Total Assets Under Management (AUM) grew by 21% year-on-year to ₹2,14,906.00 crore
• Net Income for Q2 FY26 increased by 26% to ₹4,075.00 crore
• H1 FY26 Net Income rose by 27% to ₹7,939.00 crore

Business Segment Performance

Vehicle Finance

• Disbursements: ₹13,539.00 crore in Q2 FY26
• AUM: ₹1,07,568.00 crore, up 17% YoY

Loan Against Property (LAP)

• Disbursements: ₹4,630.00 crore in Q2 FY26
• AUM: ₹46,302.00 crore, up 33% YoY

Home Loans

• Disbursements: ₹1,697.00 crore in Q2 FY26
• AUM: ₹20,405.00 crore, up 28% YoY

Small and Medium Enterprises (SME) Loans

• Disbursements: ₹1,581.00 crore in Q2 FY26
• AUM: ₹7,544.00 crore, up 28% YoY

Asset Quality and Capital Adequacy

• Stage 3 assets (90+ days past due) increased to 3.35% as of September 2025, compared to 3.16% in June 2025
• Gross Non-Performing Assets (GNPA) as per RBI norms stood at 4.57% in September 2025
• Net Non-Performing Assets (NNPA) were at 3.07% in September 2025
• Capital Adequacy Ratio (CAR) was 20.00%, well above the regulatory requirement of 15%
• Tier-I Capital ratio was 14.59%, with Common Equity Tier-I Capital at 13.93%

Liquidity Position

CIFCL maintained a strong liquidity position with ₹16,991.00 crore in cash balance as of September 2025, including ₹6,661.00 crore in high-quality liquid assets (HQLA) held in compliance with Liquidity Coverage Ratio (LCR) requirements.

The company's consolidated Profit Before Tax (PBT) for Q2 FY26 was ₹1,565.00 crore, a 20% increase from ₹1,304.00 crore in Q2 FY25. For H1 FY26, consolidated PBT reached ₹3,096.00 crore, also up 20% from ₹2,579.00 crore in H1 FY25.

Despite the growth in various business segments, CIFCL faces challenges in asset quality, as evidenced by the increase in Stage 3 assets and NPAs. The company's strong capital position and liquidity, however, provide a buffer against potential risks in the current economic environment.

Cholamandalam Investment and Finance Company Limited (CIFCL) has reported a 20% year-on-year growth in Profit After Tax (PAT) for both Q2 and H1 of FY26, according to its recently released financial results.

Key Financial Highlights

• Total Assets Under Management (AUM) reached ₹2,14,906.00 crore as of September 30, 2025, marking a 21% increase from the previous year.
• Net Income for Q2 FY26 stood at ₹4,075.00 crore, up 26% year-on-year, while H1 FY26 Net Income rose 27% to ₹7,939.00 crore.
• Profit After Tax (PAT) for Q2 FY26 was ₹1,155.00 crore, a 20% increase from Q2 FY25. H1 FY26 PAT also grew by 20% to ₹2,291.00 crore.

Segment Performance

Vehicle Finance (VF) disbursements in Q2 FY26 were ₹13,539.00 crore.

Asset Quality and Capital Adequacy

• Stage 3 assets (90+ days past due) were at 3.35% as of September 2025, compared to 3.16% at the end of June 2025.
• Gross Non-Performing Assets (GNPA) as per RBI norms stood at 4.57%, up from 4.29% in June 2025.
• Net Non-Performing Assets (NNPA) were at 3.07%, compared to 2.86% in the previous quarter.
• The Capital Adequacy Ratio (CAR) was 20.00%, well above the regulatory requirement of 15%.

Liquidity Position

CIFCL maintained a strong liquidity position with ₹16,991.00 crore in cash balance at the end of September 2025, including ₹6,661.00 crore in high-quality liquid assets (HQLA). The total liquidity position, including undrawn sanctioned lines, was ₹17,516.00 crore.

Management Commentary

The company's management noted that the Asset-Liability Management (ALM) remains comfortable with no negative cumulative mismatches across all time buckets.

Cholamandalam Investment and Finance Company Limited's performance in Q2 and H1 FY26 demonstrates continued growth across its diverse product segments, with particular strength in Vehicle Finance and Loan Against Property businesses. The company's focus on maintaining a strong capital position and liquidity buffer positions it well for future growth opportunities in the financial services sector.