Vehicle Financing - Secular Opportunity Meets Cyclical Tailwinds
With green shoots in the underlying PV and CV segments, the Indian vehicle financing disbursals (FY22: ~US$ 42bn) is poised to ride a secular 15%+...
268 Views
Cholamandalam Investment - Provision Write-Back Aids Profitability; Asset Quality Improves
Cholamandalam Investment & Finance Co Ltd (CIFC) reported PAT of Rs6.9bn (1% below our estimate). While NII and operating profit were 7% and 12%...
244 Views
HSIE Results Daily: Cholamandalam Investment and Finance Company
Back-book near normal; poised for strong growth; Chola’s Q4FY22 earnings were 18% ahead of our estimates, largely on the back of reversal of COVID...
234 Views
Cholamandalam Investment and Finance: Growth to Accelerate
Cholamandalam Invst. & Finance Company Ltd (CIFC) Q3FY22 performance was led by a strong pick-up in disbursements (up 32% YoY) and continued NIM...
414 Views
Confidence in successful buildout of newer ecosystems may trigger further rerating
Cholamandalam Inv. and Fin (CIFC) reported 3QFY22 PAT of INR5.24b (8% miss), down 14% QoQ / up 28% YoY. Despite in-line NII/opex/PPoP, this miss...
334 Views