Champion Of Profits: How Cholamandalam Reaped 12,068% Returns

Published by Trinkerr Academy on

If you had invested ₹1 lakh in Cholamandalam in November 2002, you could have had ₹1.33 crores in profits today! This multibagger gave its investors 12,068% returns in 20 years. Here’s a quick look at the company.

🏦 Stock Name: Cholamandalam Investment & Finance Company Ltd.

⭐ About The Company
Cholamandalam Investment and Finance Company was incorporated in 1978 to provide asset funding assistance to MSMEs in South India. One of India’s largest indigenously owned Non-Banking Financial Companies (NBFC), it deals with a range of financial services.

🚗 Vehicular Financing
A leader among the Indian NBFCs, Cholamandalam’s specialisation is providing loans for commercial and passenger vehicles, tractors and trucks. This accounts for 69% of assets under the company. 22% of the assets are comprised of loans against property. Home loans and new businesses are among the assets under management (AUM) of the company, which totals ₹86,703 crores.

With a clientele of more than 16 lakh customers, Cholamandalam caters to retail brokerage clients, promoters, individuals looking for financial consultation and stock brokers.

📌 Domestic Presence
Cholamandalam has developed its presence nationally, with more than 1100 branches across the country. The company’s subsidiaries include:
🪙 DBS Cholamandalam Distribution
🪙 DBS Cholamandlam Asset Management
🪙 DBS Cholamandalam Securities

💰 Stock Value
On November 8, 2002, the shares of the company were trading at ₹6.15, while they were priced at ₹748.35 as of November 7, 2022.


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