Company Valuation: Cholamandalam Investment and Finance Company Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 5,89,754 6,26,066 9,71,508 12,78,412 11,53,531 14,36,467 - -
Change - 6.16% 55.18% 31.59% -9.77% 24.53% - -
Enterprise Value (EV) 1 5,89,754 15,70,012 22,73,042 29,33,867 31,16,082 37,96,464 43,32,957 50,10,530
Change - 166.21% 44.78% 29.07% 6.21% 21.83% 14.13% 15.64%
P/E 27.5x 23.5x 28.1x 30.1x 21.9x 21.3x 17.3x 14.1x
PBR 5.04x 4.38x 4.97x 5.41x 3.8x 3.89x 3.2x 2.6x
PEG - 1x 1x 1.3x 1x 0.8x 0.8x 0.6x
Capitalization / Revenue 10.1x 8.66x 9.73x 9.42x 6.76x 6.88x 5.7x 4.74x
EV / Revenue 10.1x 21.7x 22.8x 21.6x 18.3x 18.2x 17.2x 16.5x
EV / EBITDA 21.1x 46.5x 54x 54.1x 46x 42.9x 39.6x 37.6x
EV / EBIT 15.6x 123x 38.5x 35.6x 29.7x 29.4x 27.6x 26.3x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2 2 2 2 - 2.861 3.229 3.993
Rate of return 0.28% 0.26% 0.17% 0.13% - 0.17% 0.19% 0.24%
EPS 2 26.11 32.4 41.09 50.55 61.68 78.88 97.06 119
Distribution rate 7.66% 6.17% 4.87% 3.96% - 3.63% 3.33% 3.36%
Net sales 1 58,400 72,292 99,857 1,35,699 1,70,706 2,08,804 2,51,892 3,02,926
EBITDA 1 28,005 33,788 42,110 54,277 67,789 88,448 1,09,418 1,33,415
EBIT 1 37,712 12,731 59,039 82,311 1,04,965 1,29,238 1,56,836 1,90,159
Net income 1 21,467 26,662 34,228 42,585 52,196 67,962 83,110 1,02,041
Net Debt 1 - 9,43,946 13,01,534 16,55,454 19,62,552 23,59,997 28,96,490 35,74,064
Reference price 2 718.30 761.60 1,156.60 1,519.55 1,353.85 1,682.00 1,682.00 1,682.00
Nbr of stocks (in thousands) 8,21,041 8,22,040 8,39,969 8,41,310 8,52,037 8,54,023 - -
Announcement Date 05/05/22 03/05/23 30/04/24 25/04/25 30/04/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.32x18.18x42.92x0.17% 1.5TCr
23.7x16.15x - 0.73% 6.36TCr
35.64x4.95x16.96x-.--% 3.38TCr
23.07x4.98x24.66x0.08% 2.94TCr
16.62x11.67x22.68x1.2% 2.43TCr
7.58x1.81x3.4x1.79% 2.33TCr
28.34x3.81x11.45x-.--% 2.17TCr
20.62x21.89x - 0.25% 1.48TCr
10.52x13.43x - 1.27% 1.18TCr
Average 20.82x 10.76x 20.34x 0.61% 2.64TCr
Weighted average by Cap. 22.44x 10.54x 19.12x 0.59%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. CHOLAFIN Stock
  4. Valuation Cholamandalam Investment and Finance Company Limited