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Cholamandalam Fin. balance sheet is weak and might have solvency issues
The debt of Cholamandalam Fin. is decreasing.
Latest debt of Cholamandalam Fin. is -₹9,102.95 Crs as of Sep-24.
This is less than Mar-24 when it was ₹1,24,945 Crs.
Yes, profit is increasing.
The profit of Cholamandalam Fin. is ₹4,500 Crs for TTM, ₹1,773 Crs for Mar 2024 and ₹1,290 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Cholamandalam Fin. latest dividend payout ratio is 0.58% and 3yr average dividend payout ratio is 0.8%
Companies resources are majorly tied in miscellaneous assets