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 1 589,754 626,066 971,508 1,278,412 1,153,531 1,370,707 - -
Change - 6.16% 55.18% 31.59% -9.77% 18.83% - -
Enterprise Value (EV) 1 589,754 1,570,012 2,273,042 2,933,867 3,116,082 3,730,704 4,267,197 4,944,771
Change - 166.21% 44.78% 29.07% 6.21% 19.72% 14.38% 15.88%
P/E 27.5x 23.5x 28.1x 30.1x 21.9x 20.1x 16.8x 13.8x
PBR 5.04x 4.38x 4.97x 5.41x 3.8x 3.61x 3x 2.45x
PEG - 1x 1x 1.3x 1x 0.7x 0.9x 0.6x
Capitalization / Revenue 10.1x 8.66x 9.73x 9.42x 6.76x 6.58x 5.46x 4.5x
EV / Revenue 10.1x 21.7x 22.8x 21.6x 18.3x 17.9x 17x 16.2x
EV / EBITDA 21.1x 46.5x 54x 54.1x 46x 42.4x 39.3x 37.6x
EV / EBIT 15.6x 123x 38.5x 35.6x 29.7x 28.8x 27.3x 25.8x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2 2 2 2 2 2.727 3.394 4.276
Rate of return 0.28% 0.26% 0.17% 0.13% 0.15% 0.17% 0.21% 0.27%
EPS 2 26.11 32.4 41.09 50.55 61.68 79.82 95.59 116.5
Distribution rate 7.66% 6.17% 4.87% 3.96% 3.24% 3.42% 3.55% 3.67%
Net sales 1 58,400 72,292 99,857 135,699 170,706 208,200 250,884 304,639
EBITDA 1 28,005 33,788 42,110 54,277 67,789 88,056 108,509 131,559
EBIT 1 37,712 12,731 59,039 82,311 104,965 129,744 156,304 191,496
Net income 1 21,467 26,662 34,228 42,585 52,196 68,443 82,148 100,791
Net Debt 1 - 943,946 1,301,534 1,655,454 1,962,552 2,359,997 2,896,490 3,574,064
Reference price 2 718.30 761.60 1,156.60 1,519.55 1,353.85 1,605.00 1,605.00 1,605.00
Nbr of stocks (in thousands) 821,041 822,040 839,969 841,310 852,037 854,023 - -
Announcement Date 5/5/22 A 5/3/23 A 4/30/24 A 4/25/25 A 4/30/26 A - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.54x17.76x41.79x0.18% 13.86B
17.34x - - 1.2% 213B
11.77x2.45x3.84x1.56% 123B
22.18x15.74x - 0.78% 59.88B
36.46x4.93x18.14x-.--% 32.76B
21.56x4.88x24.15x0.09% 27.74B
7.87x1.8x3.32x1.7% 23.47B
28.13x4.29x13.02x-.--% 22.22B
13.67x10.23x19.6x1.45% 20.55B
Average 19.84x 7.76x 17.70x 0.77% 59.66B
Weighted average by Cap. 17.93x 6.59x 11.70x 1.06%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cholamandalam Investment and Finance Company Limited

Historical PBR trend

Valuation ratios - PBR - Cholamandalam Investment and Finance Company Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cholamandalam Investment and Finance Company Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cholamandalam Investment and Finance Company Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Cholamandalam Investment and Finance Company Limited
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