*Cholamandalam Investment & Finance Company Ltd. -S* | *CMP* Rs. 316 | *M Cap* Rs. 24730 Cr | *52 W H/L* 322/218
(Nirmal Bang Retail Research)
*Result is broadly in-line with expectations*
NII came at Rs. 1020 Cr vs expectation of Rs. 1052.7 Cr, YoY Rs. 818.5 Cr, QoQ Rs. 942.5 Cr
PBP came at Rs. 618.5 Cr vs expectation of Rs. 608.5 Cr, YoY Rs. 528.5 Cr, QoQ Rs. 592.5 Cr
Provision came at Rs. 95.2 Cr vs YoY Rs. 69 Cr, QoQ Rs. 109.5 Cr
PAT came at Rs. 307 Cr vs expectation of Rs. 325.1 Cr, YoY Rs. 304.7 Cr, QoQ Rs. 314.2 Cr
AUM came at Rs. 64409 Cr vs YoY Rs. 52486 Cr, QoQ Rs. 62827 Cr
Disbursement came at Rs. 7381 Cr vs YoY Rs. 6899 Cr, QoQ Rs. 8572 Cr
Quarter EPS is Rs. 3.9
Share is trading at P/E of 17.4x FY 20E EPS & 3.7x trailing P/BV