Nature of the Event

Regulatory disclosure under SEBI Listing Regulations regarding the outcome of the Board Meeting held on July 28, 2026, comprising approval of unaudited financial results for Q1 FY27 and fund raising plans.

Key Quantitative Figures

Standalone Financial Results (₹ crores)

  • Revenue from Operations: Q1 FY27: 8,833.38 vs Q1 FY26: 7,244.92 (22% increase)
  • Interest Income: Q1 FY27: 8,039.92 vs Q1 FY26: 6,650.07
  • Total Income: Q1 FY27: 8,932.95 vs Q1 FY26: 7,330.78
  • Finance Costs: Q1 FY27: 4,003.14 vs Q1 FY26: 3,466.25
  • Impairment of Financial Instruments (Net): Q1 FY27: 921.85 vs Q1 FY26: 882.10
  • Employee Benefits Expense: Q1 FY27: 1,139.78 vs Q1 FY26: 924.30
  • Profit Before Tax: Q1 FY27: 2,220.49 vs Q1 FY26: 1,529.64 (45% increase)
  • Tax Expense: Q1 FY27: 566.90 (Current: 651.94, Deferred: (85.04))
  • Profit After Tax: Q1 FY27: 1,653.59 vs Q1 FY26: 1,135.91 (46% increase)
  • Earnings Per Share (Basic): Q1 FY27: ₹19.40 vs Q1 FY26: ₹13.51
  • Paid-up Equity Share Capital: ₹170.59 crores (₹2 per share)

Consolidated Financial Results (₹ crores)

  • Total Income: Q1 FY27: 8,956.68 vs Q1 FY26: 7,353.09
  • Profit Before Tax: Q1 FY27: 2,223.56 vs Q1 FY26: 1,532.00
  • Profit After Tax: Q1 FY27: 1,656.22 vs Q1 FY26: 1,137.83

Performance Highlights

  • Disbursements: Q1 FY27: ₹29,612 Cr (22% YoY growth)
  • AUM: ₹2,54,392 Cr as of June 30, 2026 (23% YoY growth)
  • Vehicle Finance AUM: ₹1,24,132 Cr (19% YoY growth)
  • Loan Against Property AUM: ₹54,130 Cr (23% YoY growth)
  • Home Loan AUM: ₹23,644 Cr (22% YoY growth)
  • SME Loan AUM: ₹9,923 Cr (39% YoY growth)
  • CSEL AUM: ₹15,884 Cr (12% YoY growth)
  • SBPL AUM: ₹3,730 Cr (40% YoY growth)
  • Gold Loan AUM: ₹2,143 Cr (171 dedicated branches)

Asset Quality Metrics

  • Stage 3 Assets (Ind AS): 3.29% (June 2026) vs 3.05% (March 2026)
  • Gross NPA (RBI norms): 4.50% (June 2026) vs 4.36% (March 2026)
  • Net NPA (RBI norms): 2.95% (June 2026) vs 2.87% (March 2026)
  • Provision Coverage Ratio (Ind AS): 45.73% (June 2026) vs 47.29% (March 2026)
  • Provision Coverage Ratio (RBI): 35.49% (June 2026) vs 35.36% (March 2026)

Capital Adequacy

  • CAR: 19.81% (June 2026) vs regulatory requirement of 15%
  • Tier-I Capital: 14.81% (Common Equity Tier-I: 14.52%)
  • Tier-II Capital: 5.00%

Liquidity Position

  • Cash Balance: ₹22,765 Cr (including HQLA of ₹7,614.93 Cr)
  • Total Liquidity: ₹23,984 Cr (including undrawn sanctioned lines)
  • ALM: Comfortable with no negative cumulative mismatches

Fund Raising Approval

  • NCD Issuance: ₹55,000 crores in one or more tranches on private placement basis
  • Type: Secured and/or unsecured Non-Convertible Debentures
  • Disclosures: Will be provided at time of issuance/allotment as per SEBI Listing Regulations

Subsidiaries and Associates

Consolidated results include:

  • Cholamandalam Securities Limited (Subsidiary)
  • Cholamandalam Leasing Limited (Subsidiary)
  • Payswiff Technologies Private Limited (Joint Venture)
  • Vishvakarma Payments Private Limited (Associate)
  • Chola Foundation (Jointly controlled entity)

Employee Stock Options

  • 5,49,462 options exercised during Q1 FY27 (4,53,007 in Q4 FY26)
  • Total outstanding ESOPs: 52,76,715 as of June 30, 2026 (58,87,750 as of March 31, 2026)

CCD Conversion

  • 1,37,000 CCDs converted into 98,74,127 equity shares up to June 30, 2026
  • ₹200 crore conversion in July 2026
  • Remaining ₹430 crore CCDs to be converted in October 2026

Security Cover for NCDs

  • Listed NCDs outstanding: ₹32,549.80 crores as on June 30, 2026
  • Secured by exclusive charge on identified standard assets
  • Total asset cover above 100% of principal amount
  • Security cover ratio: 1.03 (Book Value), 1.67 (Market Value)

Segment Performance (Standalone)

Revenue (₹ crores)

  • Vehicle Finance: 4,596.50 (Q1 FY27) vs 3,847.50 (Q1 FY26)
  • Loan Against Property: 1,714.48 vs 1,436.24
  • Home Loans: 910.36 vs 719.59
  • Others: 1,435.65 vs 1,134.77

Segment Results - PBT (₹ crores)

  • Vehicle Finance: 944.89 (Q1 FY27) vs 628.30 (Q1 FY26)
  • Loan Against Property: 677.98 vs 540.36
  • Home Loans: 268.76 vs 179.14
  • Others: 255.9 vs 119.14

Important Dates

  • Board Meeting: July 28, 2026 (12:35 PM to 2:30 PM)
  • Quarter Ended: June 30, 2026
  • Previous Intimation Dates: July 6, 2026 and July 17, 2026

Auditors

Joint Statutory Auditors:

  • B.K. Khare & Co., Chartered Accountants
  • KKC & Associates LLP, Chartered Accountants