Cholamandalam Investment & Finance Company
Cholamandalam Investment & Finance Company
Shareholder Return: 3-year average, Sales Growth: 3-year Compounded Annual Growth Rate, Return On Equity: 3-year Return on Equity.
At a Glance
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Shareholder Return164%
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Sales Growth18%
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Return on Equity17 %
Why Super 50
The non-banking financial company has emerged as one of the top performers of the Chennai-based conglomerate, Murugappa Group. A number of factors, including a pick-up in commercial vehicle sales, are helping Cholamandalam maintain its high growth rate. The company announced, earlier this year, that it had abandoned plans of setting up a payments bank.
