Cholamandalam Investment and Finance Company

Cholamandalam Investment and Finance Company
Company type	Public
Traded as	NSE: CHOLAFIN; BSE: 511243;
Industry	Financial services
Founded	1978 (46 years ago)
Headquarters	Chennai, Tamil Nadu, India
Key people	Ravindra Kumar Kundu (Executive Director); Vellayan Subbiah (Chairman & Non-Executive Director);
Products	Vehicle Finance, Home Loans, Mortgage Loans, Wealth Management
Revenue	₹19,216 crore (US$2.3 billion) (FY24)
Operating income	₹4,582 crore (US$550 million) (FY24)
Net income	₹3,423 crore (US$410 million) (FY24)
AUM	₹153,718 crore (US$18 billion) (FY24)
Number of employees	13,248 (2023)
Parent	Murugappa Group
Subsidiaries	Cholamandalam Home Finance Limited (CHFL) ; Cholamandalam Securities Limited (CSEC)
Website	www.cholamandalam.com

Cholamandalam Investment and Finance Company Limited (CIFCL) is an Indian non-banking financial company and investment service provider, headquartered in Chennai.^[3]^[4] Established in 1978, it is a part of the Murugappa Group.

As of 2024, the company has 1,387 branches across the country^[1] and more than 13,000 employees, with the majority being in smaller towns.^[5]^[6]

The company was ranked 9th among the top 50 NBFCs in India by The Banking and Finance Post.^[7]

References

^ ^a ^b ^c ^d ^e "Corporate Presentation - March 2024" (PDF). BSE. Cholamandalam Investment and Finance Company Limited. Retrieved 1 June 2024.
^ "Business Responsibility & Sustainability Report" (PDF). Cholamandalam. Retrieved 1 June 2024.
^ "Company Overview of Cholamandalam Investment and Finance Company Limited"
^ "Chola to maintain 22-25% AUM growth in FY24". The Hindu. 11 May 2023. Archived from the original on 23 May 2023. Retrieved 1 June 2024.
^ Balachandar, G. (4 July 2019). "Cholamandalam charts out future growth path". Business Line. Retrieved 2 September 2019.
^ "Cholamandalam Investment clocks net profit at Rs 291.86 crore in fourth quarter of 2018-19". www.businesstoday.in. 27 April 2019. Retrieved 2 September 2019.
^ bfsiNetwork (17 October 2017). "India's Top 50 NBFCs Ranking | NBFC in India". BFSI. Retrieved 2 September 2019.

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[fy24-1] "Corporate Presentation - March 2024" (PDF). BSE. Cholamandalam Investment and Finance Company Limited. Retrieved 1 June 2024.

[2] "Business Responsibility & Sustainability Report" (PDF). Cholamandalam. Retrieved 1 June 2024.

[3] "Company Overview of Cholamandalam Investment and Finance Company Limited"

[4] "Chola to maintain 22-25% AUM growth in FY24". The Hindu. 11 May 2023. Archived from the original on 23 May 2023. Retrieved 1 June 2024.

[5] Balachandar, G. (4 July 2019). "Cholamandalam charts out future growth path". Business Line. Retrieved 2 September 2019.

[BT1-6] "Cholamandalam Investment clocks net profit at Rs 291.86 crore in fourth quarter of 2018-19". www.businesstoday.in. 27 April 2019. Retrieved 2 September 2019.

[7] siNetwork (17 October 2017). "India's Top 50 NBFCs Ranking | NBFC in India". BFSI. Retrieved 2 September 2019.

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