PAT at Rs 1,641 Cr for the quarter (Up by 30% YoY) and Rs 5,220 Cr for FY 25-26 (Up by 23%)
FinTech BizNews Service
Mumbai, April 30, 2026: The Board of Directors of CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY (CIFCL) today approved the audited financial results for the quarter and year ended 31st March 2026.
Performance Highlights:
* Loan Losses for the Quarter and Year ended March 31, 2026, includes impairment allowance of Rs 200 crores as Management overlay towards potential adverse Impact of Geo-Political risks on the loan Portfolio of the company.
• Aggregate disbursements in Q4 FY 26 were at Rs 32,913 Cr and Rs 1,11,642 in FY 25-
26 with the AUM of Rs2,42,630 Cr as of 31st March 2026 as compared to Rs 1,99,876
Cr as of 31st March 2025, registering a growth of 21% on Y-O-Y.
• Vehicle Finance (VF) disbursements were at Rs 18,132 Cr in Q4 FY 26 and Rs 62,123
Cr in FY 25-26, with the AUM of Rs 1,19,558 Cr as of 31st March 2026 as compared
to Rs 1,01,257 Cr in the previous year, registering a growth of 18% Y-o-Y.
• Loan Against Property (LAP) business disbursed Rs 5,838 Cr in Q4 FY 26 and Rs 20,459
Cr in FY 25-26, with the AUM of Rs 52,295 Cr as of 31st March 2026 as compared to
Rs 41,439 Cr in the previous year, registering a growth of 26% Y-o-Y.
Rs in Cr.
Home Loan business disbursed Rs 1,895 Cr in Q4 FY 26, and Rs 7,363 in FY 25-26,
with the AUM of Rs 22,688 Cr as of 31st March 2026 as compared to Rs 18,427 Cr in
the previous year, registering a growth of 23% Y-o-Y.
• Small and Medium Enterprises Loan (SME) business disbursed Rs 2,187 Cr in Q4 FY
26, and Rs 7,312 Cr in FY 25-26, with the AUM of Rs 9,338 Cr as of 31st March 2026
as compared to Rs 6,628 Cr in the previous year, registering a growth of 41% Y-o-Y.
• Consumer and Small Enterprise Loans (CSEL) disbursed Rs 3,237 Cr in Q4 FY 26, and
Rs 10,249 Cr in FY 25-26, with the AUM of Rs 15,113 Cr as of 31st March 2026 as
compared to Rs 14,573 Cr in the previous year, registering a growth of 4% Y-o-Y.
• Secured Business and Personal Loan (SBPL) disbursed Rs 495 Cr in Q4 FY 26, and Rs
1,667 Cr in FY 25-26, with the AUM of Rs 3,537 Cr as of 31st March 2026 as compared
to Rs 2,422 Cr in the previous year, registering a growth of 46% Y-o-Y.
• Gold Loans business disbursed Rs1,130 crore during Q4 FY26, and Rs2,469 crore in FY
25-26 and continued to scale steadily. We are currently operating through 119
dedicated branches.
• PBT Growth in Q4 was at 25% and for FY 25-26 was at 21%.
• PBT-ROA for Q4 is at 3.8% and 3.3% in FY 25-26.
• ROE for Q4 FY 26 was 22.95%. and 19.74% in FY 25-26.
• The Company continues to hold a strong liquidity position with Rs 20,692 Cr as cash
balance as at end of Mar'2026 (including HQLA of Rs 6,080.94 Cr invested in GSEC,
SDL, T-bill & invested in Strips shown under investments held in compliance with
LCR requirements), with a total liquidity position of Rs 21,186 Cr (including undrawn
sanctioned lines). The ALM is comfortable with no negative cumulative mismatches
across all time buckets
• Consolidated Profit Before Tax (PBT) for Q4 FY 26 was at Rs 2,142 Cr as against Rs
1,698 Cr in Q4 FY 25 registering a growth of 26% and for FY 25-26 was at Rs 6,973
Cr as against Rs 5,741 Cr in FY 24-25 registering a growth of 21%.
Asset Quality:
Stage 3 levels representing 90+ dues were at 3.05% as of March 26 as against 3.36% at
the end of December 25. GNPA % as per RBI norms was at 4.36% as of March 26 as
against 4.63% in December 25. NNPA as per RBI norms was at 2.87% as of March 26 as
against 3.13% in December 25.
The details of the stagewise assets and provisions are given in the Annexure.
Capital Adequacy:
The Capital Adequacy Ratio (CAR) of the company as of 31st March 2026, was at 19.21%
as against the regulatory requirement of 15%. Tier-I Capital was at 14.73% (Common
Equity Tier-I Capital at 14.40% as against a regulatory minimum of 9%) and Tier-II Capital
was at 4.48%.
In Oct’25, CCD’s worth Rs 307 Cr got converted into Equity shares resulting in issue of
22.42 lakh equity shares at a conversion price of Rs.1,369 per share. In Jan’26, CCD’s
worth Rs 1063 Cr got converted into 76.31 lakhs Equity shares at Rs 1,393 per share.
Following these two tranches of conversion, the balance CCD outstanding stands at Rs 630
Cr against the original CCD issuance of Rs 2000 Cr.
Dividend
The Board of Directors of the company has recommended a final dividend of Rs 0.70 per
share (35%) on the equity shares of the company, subject to the approval of the members
of the company at the ensuing Annual General Meeting. This is in addition to the interim
dividend of Rs 1.30 per share (65%) for the financial year 2025-26 declared by the company
on 31st January 2026.
