Cholamandalam Financial Holdings Limited (NSE: CHOLAHLDNG)

CHOLAHLDNG Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest and Dividend Income	217,798	186,383	129,283	102,549	98,881	87,446
Total Interest Expense	108,244	91,928	57,350	42,904	45,810	45,720
Net Interest Income	109,553	94,456	71,933	59,645	53,071	41,726
Commissions and Fees	18,574	15,670	10,351	8,008	5,362	4,878
Gain (Loss) on Sale of Investments	234.3	234.3	-	-	-	-
Other Revenue	60,504	55,982	41,825	47,702	44,190	47,314
Revenue Before Loan Losses	188,865	166,342	124,110	115,354	102,622	93,918
Provision for Loan Losses	17,454	13,136	8,509	8,801	13,771	5,922
Revenue	171,412	153,206	115,601	106,553	88,851	87,997
Revenue Growth (YoY)	13.52%	32.53%	8.49%	19.92%	0.97%	4.87%
Salaries & Employee Benefits	34,614	29,942	18,597	13,543	11,896	8,373
Cost of Services Provided	42,107	40,047	38,623	45,447	39,050	39,976
Other Operating Expenses	31,978	28,796	18,562	16,030	11,325	14,236
Total Operating Expenses	111,575	101,260	77,543	76,562	63,726	64,083
Operating Income	59,836	51,946	38,058	29,992	25,125	23,913
Earnings From Equity Investments	202.7	120.8	-86.9	-28.7	3.2	12.7
EBT Excluding Unusual Items	60,067	52,095	38,056	29,963	25,129	23,926
Gain (Loss) on Sale of Investments	32.9	32.9	107.9	442.9	-1,121	-2,815
Pretax Income	60,091	52,119	38,157	30,407	24,006	18,069
Income Tax Expense	15,536	13,614	10,061	8,013	6,364	6,418
Earnings From Continuing Ops.	44,556	38,506	28,096	22,394	17,642	11,651
Net Income to Company	44,556	38,506	28,096	22,394	17,642	11,651
Minority Interest in Earnings	-24,015	-20,780	-15,194	-12,163	-9,396	-6,142
Net Income	20,541	17,725	12,902	10,231	8,246	5,509
Net Income to Common	20,541	17,725	12,902	10,231	8,246	5,509
Net Income Growth	34.06%	37.38%	26.11%	24.06%	49.70%	-20.93%
Shares Outstanding (Basic)	188	188	188	188	188	188
Shares Outstanding (Diluted)	188	188	188	188	188	188
Shares Change (YoY)	0.01%	0.01%	0.00%	0.01%	0.00%	0.02%
EPS (Basic)	109.38	94.39	68.72	54.50	43.93	29.35
EPS (Diluted)	109.38	94.39	68.72	54.49	43.93	29.34
EPS Growth	34.05%	37.36%	26.11%	24.04%	49.73%	-20.96%
Free Cash Flow	-386,314	-368,951	-295,895	-58,765	-97,833	-20,121
Free Cash Flow Per Share	-2057.18	-1964.83	-1575.98	-313.00	-521.12	-107.18
Dividend Per Share	-	0.550	0.550	0.550	0.550	0.650
Dividend Growth	-	0%	0%	0%	-15.38%	-48.00%
Operating Margin	34.91%	33.91%	32.92%	28.15%	28.28%	27.18%
Profit Margin	11.98%	11.57%	11.16%	9.60%	9.28%	6.26%
Free Cash Flow Margin	-225.37%	-240.82%	-255.96%	-55.15%	-110.11%	-22.87%
Effective Tax Rate	25.85%	26.12%	26.37%	26.35%	26.51%	35.52%
Revenue as Reported	298,575	260,868	183,760	-	-	-

Source: S&P Capital IQ. Financial Services template. Financial Sources.