Cholamandalam Investment and Finance Company (CIFCL) reported a strong Q2 FY26, with AUM growing by 21% YoY to ₹2,14,906 Cr. Net income for the quarter rose by 26% YoY to ₹4,075 Cr, and PAT increased by 20% YoY to ₹1,155 Cr. The company continues to maintain a strong liquidity position and asset quality, with a comfortable ALM and capital adequacy ratio of 20%.
Key Financial Highlights
Cholamandalam Investment and Finance Company (CIFCL) announced its audited financial results for Q2 and H1 FY26, showcasing robust performance:
- Total AUM: Increased by 21% YoY, reaching ₹2,14,906 Cr.
- Net Income (Q2): Grew by 26% YoY to ₹4,075 Cr.
- PAT (Q2): Increased by 20% YoY to ₹1,155 Cr.
- Net Income (H1): Reached ₹7,939 Cr, up 27% YoY.
- PAT (H1): Stood at ₹2,291 Cr, a 20% increase YoY.
Segmental Performance
CIFCL reported solid performance across its key business segments:
- Vehicle Finance (VF): Disbursements of ₹13,539 Cr in Q2 FY26 and ₹27,186 Cr in H1 FY26. AUM reached ₹1,07,568 Cr, up 17% YoY.
- Loan Against Property (LAP): Disbursements totaled ₹4,630 Cr in Q2 FY26 and ₹9,336 Cr in H1 FY26. The AUM stood at ₹46,302 Cr, representing a 33% YoY growth.
- Home Loan: The segment disbursed ₹1,697 Cr in Q2 FY26 and ₹3,461 Cr in H1 FY26, with AUM at ₹20,405 Cr, marking a substantial 28% increase YoY.
- Small and Medium Enterprises Loan (SME): Disbursements were ₹1,581 Cr in Q2 FY26, and ₹3,286 Cr in H1 FY26. The AUM reached ₹7,544 Cr, up by 28% YoY.
- Consumer and Small Enterprise Loans (CSEL): The company disbursed ₹2,142 Cr in Q2 FY26 and ₹4,188 Cr in H1 FY26 with AUM of ₹13,952 Cr.
- Secured Business and Personal Loan (SBPL): Disbursements totaled ₹385 Cr in Q2 FY26 and ₹744 Cr in H1 FY26, with AUM of ₹2,932 Cr, displaying significant 57% growth YoY.
Asset Quality and Capital Adequacy
- Stage 3 Loans: The company reported Stage 3 loans at 3.35%.
- Capital Adequacy Ratio (CAR): The CAR was strong at 20.00%. Tier-I Capital stood at 14.59%, and Tier-II Capital was at 5.41%, well above regulatory requirements.
Strong Liquidity Position
CIFCL maintains a strong liquidity position, reflected in its cash balance of ₹16,991 Cr as of September 2025. This robust liquidity includes holdings of high-quality liquid assets and undrawn sanctioned lines, ensuring the company’s capacity to meet its financial obligations.
Source: BSE
