Cholamandalam Investment and Finance Company Ltd
NSE:CHOLAFIN
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Income Statement
Earnings Waterfall
Cholamandalam Investment and Finance Company Ltd
Revenue
|
223.4B
INR
|
Cost of Revenue
|
-108.8B
INR
|
Gross Profit
|
114.7B
INR
|
Operating Expenses
|
-49.4B
INR
|
Operating Income
|
65.2B
INR
|
Other Expenses
|
-26.7B
INR
|
Net Income
|
38.5B
INR
|
Income Statement
Cholamandalam Investment and Finance Company Ltd
Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
35 070
N/A
|
36 302
+4%
|
37 148
+2%
|
38 302
+3%
|
39 273
+3%
|
40 170
+2%
|
42 137
+5%
|
43 381
+3%
|
44 875
+3%
|
46 116
+3%
|
46 935
+2%
|
48 255
+3%
|
49 660
+3%
|
51 862
+4%
|
55 587
+7%
|
59 545
+7%
|
63 442
+7%
|
67 802
+7%
|
70 876
+5%
|
74 901
+6%
|
80 000
+7%
|
84 488
+6%
|
87 120
+3%
|
87 925
+1%
|
90 342
+3%
|
92 653
+3%
|
95 794
+3%
|
99 356
+4%
|
99 779
+0%
|
100 150
+0%
|
101 408
+1%
|
104 291
+3%
|
109 496
+5%
|
117 484
+7%
|
128 841
+10%
|
141 391
+10%
|
157 114
+11%
|
173 396
+10%
|
191 396
+10%
|
207 206
+8%
|
223 411
+8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(18 967)
|
(19 264)
|
(19 578)
|
(19 779)
|
(19 900)
|
(20 011)
|
(20 479)
|
(21 003)
|
(21 586)
|
(22 135)
|
(22 279)
|
(22 209)
|
(22 083)
|
(22 328)
|
(26 567)
|
(29 114)
|
(32 120)
|
(35 727)
|
(35 881)
|
(38 799)
|
(42 008)
|
(44 423)
|
(45 799)
|
(46 355)
|
(46 430)
|
(45 915)
|
(45 660)
|
(45 487)
|
(44 411)
|
(43 465)
|
(42 888)
|
(43 244)
|
(45 870)
|
(50 846)
|
(57 356)
|
(66 238)
|
(74 879)
|
(83 856)
|
(91 900)
|
(100 209)
|
(108 753)
|
|
Gross Profit |
16 102
N/A
|
17 038
+6%
|
17 570
+3%
|
18 523
+5%
|
19 373
+5%
|
20 159
+4%
|
21 658
+7%
|
22 378
+3%
|
23 289
+4%
|
23 982
+3%
|
24 656
+3%
|
26 046
+6%
|
27 577
+6%
|
29 533
+7%
|
29 020
-2%
|
30 430
+5%
|
31 321
+3%
|
32 074
+2%
|
34 995
+9%
|
36 102
+3%
|
37 992
+5%
|
40 065
+5%
|
41 321
+3%
|
41 570
+1%
|
43 912
+6%
|
46 738
+6%
|
50 134
+7%
|
53 870
+7%
|
55 369
+3%
|
56 686
+2%
|
58 519
+3%
|
61 047
+4%
|
63 627
+4%
|
66 639
+5%
|
71 485
+7%
|
75 154
+5%
|
82 235
+9%
|
89 541
+9%
|
99 496
+11%
|
106 997
+8%
|
114 658
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(10 359)
|
(10 975)
|
(9 778)
|
(11 586)
|
(12 056)
|
(12 310)
|
(12 794)
|
(12 767)
|
(12 927)
|
(13 344)
|
(13 028)
|
(14 370)
|
(15 019)
|
(15 691)
|
(11 930)
|
(11 297)
|
(10 437)
|
(9 448)
|
(13 774)
|
(14 186)
|
(15 125)
|
(16 153)
|
(16 337)
|
(16 278)
|
(15 809)
|
(15 250)
|
(16 374)
|
(16 639)
|
(18 337)
|
(20 044)
|
(21 457)
|
(23 665)
|
(25 139)
|
(27 405)
|
(28 920)
|
(31 270)
|
(34 664)
|
(37 848)
|
(42 629)
|
(46 340)
|
(49 439)
|
|
Selling, General & Administrative |
(4 154)
|
(4 151)
|
(7 305)
|
(4 297)
|
(4 459)
|
(4 654)
|
(8 342)
|
(5 147)
|
(5 455)
|
(5 622)
|
(10 020)
|
(6 341)
|
(6 704)
|
(7 299)
|
(11 396)
|
(7 059)
|
(6 707)
|
(6 237)
|
(13 160)
|
(6 172)
|
(6 449)
|
(6 794)
|
(15 078)
|
(7 076)
|
(7 054)
|
(6 808)
|
(15 321)
|
(7 874)
|
(8 523)
|
(9 252)
|
(20 420)
|
(10 625)
|
(11 282)
|
(12 637)
|
(27 634)
|
(14 660)
|
(17 914)
|
(21 135)
|
(40 072)
|
(28 013)
|
(29 703)
|
|
Research & Development |
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(277)
|
(299)
|
(301)
|
(288)
|
(268)
|
(240)
|
(217)
|
(240)
|
(281)
|
(338)
|
(390)
|
(414)
|
(441)
|
(472)
|
(509)
|
(540)
|
(552)
|
(567)
|
(570)
|
(681)
|
(820)
|
(990)
|
(1 113)
|
(1 128)
|
(1 113)
|
(1 044)
|
(1 023)
|
(1 016)
|
(997)
|
(984)
|
(1 006)
|
(1 033)
|
(1 077)
|
(1 136)
|
(1 211)
|
(1 321)
|
(1 426)
|
(1 584)
|
(1 981)
|
(2 184)
|
(2 426)
|
|
Other Operating Expenses |
(5 928)
|
(6 526)
|
(2 170)
|
(7 003)
|
(7 329)
|
(7 416)
|
(4 232)
|
(7 381)
|
(7 191)
|
(7 385)
|
(2 615)
|
(7 615)
|
(7 873)
|
(7 918)
|
(21)
|
(3 697)
|
(3 178)
|
(2 644)
|
(40)
|
(7 333)
|
(7 857)
|
(8 371)
|
(144)
|
(8 074)
|
(7 644)
|
(7 399)
|
(27)
|
(7 749)
|
(8 817)
|
(9 808)
|
(29)
|
(12 007)
|
(12 780)
|
(13 630)
|
(76)
|
(15 288)
|
(15 323)
|
(15 129)
|
(576)
|
(16 142)
|
(17 311)
|
|
Operating Income |
5 744
N/A
|
6 063
+6%
|
7 793
+29%
|
6 937
-11%
|
7 316
+5%
|
7 848
+7%
|
8 865
+13%
|
9 612
+8%
|
10 364
+8%
|
10 639
+3%
|
11 628
+9%
|
11 677
+0%
|
12 560
+8%
|
13 846
+10%
|
17 090
+23%
|
19 136
+12%
|
20 887
+9%
|
22 628
+8%
|
21 221
-6%
|
21 918
+3%
|
22 868
+4%
|
23 913
+5%
|
24 985
+4%
|
25 291
+1%
|
28 103
+11%
|
31 488
+12%
|
33 760
+7%
|
37 231
+10%
|
37 030
-1%
|
36 640
-1%
|
37 063
+1%
|
37 381
+1%
|
38 488
+3%
|
39 235
+2%
|
42 565
+8%
|
43 885
+3%
|
47 573
+8%
|
51 693
+9%
|
56 868
+10%
|
60 657
+7%
|
65 219
+8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(129)
|
0
|
0
|
0
|
(57)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(121)
|
570
|
905
|
1 135
|
(186)
|
1 493
|
1 613
|
|
Non-Reccuring Items |
0
|
0
|
(1 129)
|
0
|
0
|
0
|
(87)
|
0
|
0
|
0
|
(585)
|
0
|
0
|
0
|
(3 084)
|
(3 989)
|
(4 680)
|
(5 641)
|
(3 113)
|
(3 303)
|
(3 564)
|
(3 963)
|
(8 974)
|
(8 440)
|
(10 664)
|
(13 751)
|
(13 221)
|
(18 179)
|
(15 587)
|
(13 623)
|
(8 803)
|
(6 271)
|
(8 469)
|
(7 575)
|
(8 497)
|
(9 234)
|
(10 451)
|
(12 450)
|
(13 176)
|
(15 269)
|
(17 506)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
(6)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
|
Total Other Income |
(40)
|
(55)
|
4
|
8
|
7
|
7
|
19
|
23
|
27
|
29
|
31
|
32
|
28
|
26
|
2
|
8
|
9
|
211
|
207
|
210
|
209
|
8
|
2
|
6
|
43
|
44
|
2
|
45
|
11
|
10
|
838
|
1 169
|
1 666
|
2 184
|
2 206
|
2 844
|
3 068
|
3 021
|
2 558
|
2 360
|
2 306
|
|
Pre-Tax Income |
5 704
N/A
|
6 008
+5%
|
6 662
+11%
|
6 944
+4%
|
7 322
+5%
|
7 854
+7%
|
8 794
+12%
|
9 635
+10%
|
10 391
+8%
|
10 668
+3%
|
11 074
+4%
|
11 708
+6%
|
12 587
+8%
|
13 870
+10%
|
14 008
+1%
|
15 154
+8%
|
16 215
+7%
|
17 198
+6%
|
18 315
+6%
|
18 825
+3%
|
19 513
+4%
|
19 958
+2%
|
15 882
-20%
|
16 857
+6%
|
17 481
+4%
|
17 780
+2%
|
20 479
+15%
|
19 096
-7%
|
21 454
+12%
|
23 026
+7%
|
29 076
+26%
|
32 278
+11%
|
31 684
-2%
|
33 843
+7%
|
36 146
+7%
|
38 064
+5%
|
41 093
+8%
|
43 399
+6%
|
46 053
+6%
|
49 240
+7%
|
51 632
+5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 902)
|
(2 009)
|
(2 221)
|
(2 349)
|
(2 501)
|
(2 680)
|
(3 048)
|
(3 328)
|
(3 628)
|
(3 757)
|
(3 895)
|
(4 131)
|
(4 403)
|
(4 818)
|
(4 831)
|
(5 242)
|
(5 595)
|
(5 881)
|
(6 346)
|
(6 509)
|
(7 113)
|
(6 860)
|
(4 056)
|
(3 868)
|
(3 218)
|
(3 308)
|
(5 265)
|
(4 905)
|
(5 507)
|
(5 900)
|
(7 487)
|
(8 308)
|
(8 153)
|
(8 713)
|
(9 379)
|
(9 836)
|
(10 766)
|
(11 230)
|
(11 946)
|
(12 801)
|
(13 283)
|
|
Income from Continuing Operations |
3 803
|
4 000
|
4 441
|
4 596
|
4 822
|
5 174
|
5 746
|
6 306
|
6 762
|
6 912
|
7 179
|
7 578
|
8 185
|
9 052
|
9 177
|
9 913
|
10 620
|
11 317
|
11 969
|
12 315
|
12 400
|
13 098
|
11 826
|
12 988
|
14 262
|
14 470
|
15 214
|
14 190
|
15 946
|
17 126
|
21 589
|
23 971
|
23 532
|
25 131
|
26 767
|
28 228
|
30 327
|
32 169
|
34 107
|
36 440
|
38 349
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
4
|
8
|
15
|
17
|
16
|
17
|
16
|
19
|
25
|
20
|
15
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
(3)
|
(6)
|
(4)
|
(4)
|
(5)
|
(2)
|
(4)
|
(5)
|
(10)
|
(6)
|
(7)
|
(54)
|
(100)
|
(139)
|
(167)
|
(118)
|
(100)
|
(99)
|
(69)
|
93
|
133
|
173
|
|
Net Income (Common) |
3 803
N/A
|
4 000
+5%
|
4 407
+10%
|
4 561
+3%
|
4 787
+5%
|
5 139
+7%
|
5 721
+11%
|
6 282
+10%
|
6 742
+7%
|
6 896
+2%
|
7 194
+4%
|
7 597
+6%
|
8 202
+8%
|
9 070
+11%
|
9 193
+1%
|
9 932
+8%
|
10 646
+7%
|
11 336
+6%
|
11 981
+6%
|
12 321
+3%
|
12 394
+1%
|
13 094
+6%
|
10 537
-20%
|
11 699
+11%
|
12 976
+11%
|
13 182
+2%
|
15 209
+15%
|
14 181
-7%
|
15 940
+12%
|
17 119
+7%
|
21 535
+26%
|
23 869
+11%
|
23 392
-2%
|
24 963
+7%
|
26 649
+7%
|
28 127
+6%
|
30 228
+7%
|
32 100
+6%
|
34 201
+7%
|
36 573
+7%
|
38 522
+5%
|
|
EPS (Diluted) |
5.29
N/A
|
5.44
+3%
|
6.07
+12%
|
6.21
+2%
|
5.92
-5%
|
6.57
+11%
|
7.57
+15%
|
8.05
+6%
|
8.63
+7%
|
9.06
+5%
|
9.21
+2%
|
9.72
+6%
|
10.5
+8%
|
11.6
+10%
|
11.75
+1%
|
12.69
+8%
|
13.59
+7%
|
14.49
+7%
|
15.31
+6%
|
15.74
+3%
|
15.84
+1%
|
16.73
+6%
|
13.37
-20%
|
14.26
+7%
|
15.82
+11%
|
16.07
+2%
|
18.52
+15%
|
17.28
-7%
|
19.41
+12%
|
20.83
+7%
|
26.19
+26%
|
29.02
+11%
|
28.44
-2%
|
30.34
+7%
|
32.38
+7%
|
34.15
+5%
|
36.64
+7%
|
38.17
+4%
|
41.06
+8%
|
43.51
+6%
|
45.73
+5%
|