# Chola Finance share price today (Cholamandalam Investment & Finance Company Ltd, NSE: CHOLAFIN)

> Chola Finance share price today: ₹1,650.00 at the NSE close on 3 November 2026, down 2.8% in a year. Cholamandalam Investment & Finance Company (NSE: CHOLAFIN) is worth ₹1,40,986 crore, trades at a P/BV of 4.1 and has closed between ₹1,356.30 and ₹1,894.40 over the past 52 weeks. > Cholamandalam Investment & Finance Company Ltd's results are improving, while its P/BV is near the low end of its own history over 11 years, higher than only 26% of past readings. CHOLAFIN · Conglomerate Backed NBFC · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/cholamandalam-investment-finance-company-ltd

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹1,650.00 (−2.8% in a year)
- P/BV: 4.1× (lower than 74% of the last 11 years)
- Revenue (Sep 2026): ₹9,271 Cr (+23.8% on a year ago)
- Profit (Sep 2026): ₹1,630 Cr (+40.5% on a year ago)
- Net margin: 17.6% (+2.1 points on a year ago)
- ROE: 19%, FY26
- ROA: 2.56%, latest

The main question: foreign institutions moved −2.3 percentage points over 8 quarters while the business went the other way. ## What is the Chola Finance share price today? Cholamandalam Investment & Finance Company Ltd's share price was ₹1,650.00 at the close on 3 November 2026. It has been rising for 18 weeks. That is 1.3% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 7 weeks running. In the last 52 weeks it traded between ₹1,356 and ₹1,894, and at that close it sat 55% of the way up from that low. Over the last 11 years the share price moved +1,131% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 18 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Chola Finance this quarter? Three changes stood out: promoters cut their stake for 14 quarters in a row, revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) and profit up on a year earlier for 12 quarters in a row (every quarter we can compare). 1. Promoters cut their stake for 14 quarters in a row From 51.5% to 48.9% of the company by the September 2026 quarter. 2. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹9,271 crore, +23.8% on a year earlier. 3. Profit up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter profit was ₹1,630 crore, +40.5% on a year earlier. ## What are Chola Finance's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Chola Finance reported total income of ₹9,271 crore, up 23.8% from ₹7,491 crore a year earlier, and a profit of ₹1,630 crore, up 40.5% from ₹1,160 crore. ### Chola Finance results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Total income | ₹9,271 crore | ₹7,491 crore | +23.8% |
| Profit | ₹1,630 crore | ₹1,160 crore | +40.5% |
| Earnings per share | ₹19.08 | ₹13.78 | +38.5% |
| Net margin | 17.6% | 15.5% | +2.1 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Chola Finance's management discussed these results on a call held on 28 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.)

## What is the Chola Finance share price history? Chola Finance closed at ₹1,650.00 on 3 November 2026, down 2.8% from ₹1,696.80 a year earlier (31 October 2025) and up 168.3% over five years. Its highest weekly close since March 2016 was ₹1,894.40 on 14 August 2026. ### Chola Finance share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹1,463.80 | +12.7% |
| 1 month ago · 1 Oct 2026 | ₹1,580.00 | +4.4% |
| 6 months ago · 30 Apr 2026 | ₹1,562.90 | +5.6% |
| 1 year ago · 31 Oct 2025 | ₹1,696.80 | −2.8% |
| 3 years ago · 3 Nov 2023 | ₹1,134.30 | +45.5% |
| 5 years ago · 4 Nov 2021 | ₹615.05 | +168.3% |
| 10 years ago · 4 Nov 2016 | ₹223.66 | +637.7% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹134.06 | +1,130.8% |
| Highest weekly close since March 2016, also the 52-week high · 14 Aug 2026 | ₹1,894.40 | −12.9% |
| Lowest weekly close since March 2016 · 22 May 2020 | ₹123.20 | +1,239.3% |
| 52-week low (weekly close) · 2 Apr 2026 | ₹1,356.30 | +21.7% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Chola Finance? 3 Nov 2026: Chola Finance closed at ₹1,650.00, up 12.7% on the week and up 4.4% on the month. 28 Oct 2026: Chola Finance held its results call for July to September 2026. Management guided: Full-year AUM growth 20-23% retained with no revision despite strong H1. ### Earlier

- Results for July to September 2026: Total income up 23.8% and profit up 40.5% on a year earlier. - 21 Jul 2026: ex-date for a dividend of ₹0.70 a share. - 5 Feb 2026: ex-date for an interim dividend of ₹1.30 a share. ## What dividend does Chola Finance pay? Chola Finance paid ₹2 a share in regular dividends in the 12 months to 4 November 2026 (2 payments), a yield of 0.12% at the ₹1,650.00 close on 3 November 2026. The last was a dividend of ₹0.70 a share, ex-date 21 July 2026. ### Chola Finance dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 21 Jul 2026 | ₹0.70 | Dividend | same day |
| 5 Feb 2026 | ₹1.30 | Interim | same day |
| 24 Jul 2025 | ₹0.70 | Dividend | same day |
| 7 Feb 2025 | ₹1.30 | Interim | same day |
| 19 Jul 2024 | ₹0.70 | Dividend | n/a |
| 7 Feb 2024 | ₹1.30 | Interim | same day |
| 25 Jul 2023 | ₹0.70 | Dividend | n/a |
| 10 Feb 2023 | ₹1.30 | Interim | same day |
| 21 Jul 2022 | ₹0.70 | Dividend | n/a |
| 10 Feb 2022 | ₹1.30 | Interim | 11 Feb 2022 |
| 22 Jul 2021 | ₹0.70 | Dividend | n/a |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Cholamandalam Investment & Finance Company Ltd paid out 3% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Chola Finance management say on the latest results call? On the call for July to September 2026, held on 28 October 2026, Chola Finance's management guided: Full-year AUM growth 20-23% retained with no revision despite strong H1. > “They have now started delivering close to 3.6%. If you look at them together, they can definitely deliver more than 4% pre-tax ROA, and they should deliver that as soon as possible.”
> Management, on the call for July to September 2026

### What management guided

- Full-year net credit cost 1.4% already met in H1 with scope for H2 improvement. - Profit before tax-ROA 3.5% to be protected through insurance reform via ready Plan B. - CSEL combined pre-tax ROA above 4% soon from near 3.6% on lower credit costs. - Full-year cost of funds up 15-20 basis points on a year earlier assuming further repo hike with pass-through. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/1222-28-Oct-2026.pdf). (From the call for July to September 2026, 28 October 2026.)

## What to watch in Chola Finance's next results? When Chola Finance reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Q3 vehicle disbursements versus flagged festive range - check if two-month window delivers over subdued year-ago base. - What to check (from the call)
- Q3 vehicle disbursements versus flagged festive range - check if two-month window delivers over subdued year-ago base. - Stage 3 and loan-loss trajectory into H2 - check if seasonal improvement extends beyond H1 prints. - Marginal rate hikes across LAP, housing and SME - check implementation within quarter and early yield defence. - Gold productivity and network scale - check early-branch output bars and steady openings discipline into year-end. ## Which stock lists is Chola Finance on? Chola Finance is not on any of our India lists this week. ## Is Chola Finance profitable? Cholamandalam Investment & Finance Company Ltd earned ₹1,630 Cr of net profit in the Sep 2026 quarter, +40.5% on the same quarter a year earlier. That is the 12th quarter in a row of profit growth. Full-year FY26 profit was ₹5,233 Cr. Over 10 years profit has grown 24.7% a year on average. That is 17.6% of the quarter's revenue. The same quarter a year earlier earned ₹1,160 Cr. For the full year, FY26 profit was ₹5,233 Cr (+22.8% on the year before). Why profit moved: revenue changed +23.8% on a year earlier and the margin moved +2.1 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +33.8% and revenue +20.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Chola Finance make, and is it growing? Cholamandalam Investment & Finance Company Ltd reported ₹9,271 Cr of income in the Sep 2026 quarter, +23.8% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 22.1% a year on average. The last full year, FY26, came in at ₹31,120 Cr. The last four reported quarters add to ₹34,442 Cr. FY26 revenue was ₹31,120 Cr, +20.2% on the year before. Recent pace: the last four quarters grew +20.6% on average, against 22.1% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +20.7%, against +23.8% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +33.9%, against +27.1% a year (accelerating). ## How much does Chola Finance keep from what it earns? Cholamandalam Investment & Finance Company Ltd's net margin was 17.6% in the Sep 2026 quarter, 2.1 percentage points higher than the same quarter a year ago. Across 13 years it has been between 11.2% and 21.2%. The latest quarter is within that range. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of Chola Finance's loans have gone bad? Cholamandalam Investment & Finance Company Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is Chola Finance's loan book growing? Cholamandalam Investment & Finance Company Ltd's revenue was ₹31,120 Cr in FY26, +20.2% on the year before, so the loan book is growing. The latest quarter was +23.8% on a year earlier. The net margin on that income is 17.6%, +2.1 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses. ## What is Chola Finance's P/BV ratio, and how does it compare with its own history? Cholamandalam Investment & Finance Company Ltd's P/BV is 4.1×, near the low end of its own history: it has been lower only 26% of the time. Its usual P/BV (the middle reading) is 4.7×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year book value grew while the price moved −2.8%. Price and book value moved together, so the multiple stayed in its range. Where the price move came from: over 5 years the price moved +21.8% a year; about +26.0% a year came from book-value growth and about −4.2 percentage points from the multiple (the market paying less); over 10 years the price moved +22.1% a year; about +22.9% a year came from book-value growth and about −0.8 percentage points from the multiple (roughly no change). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple. ## Is the Chola Finance business getting better or worse? Cholamandalam Investment & Finance Company Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROE is steady at 18.0%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does Chola Finance earn on its equity and assets? Cholamandalam Investment & Finance Company Ltd earned a return on equity of 19% in FY26. Its lowest yearly reading on file was 15% in FY20. On its assets, every ₹100 earned about ₹2.56, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That is above the level a bank needs to grow its net worth steadily. Why ROE moved: profit grew 24.7% a year over 10 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low. ## Does Chola Finance have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Chola Finance shareholding pattern? Domestic institutions raised their stake in Cholamandalam Investment & Finance Company Ltd by 3.8 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 20.4% of the company. Foreign institutions moved −2.3 points over the same period, to 24.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +3.8 points over 8 quarters, to 20.4%; Foreign institutions: −2.3 points over 8 quarters, to 24.9%; Promoters: −1.3 points over 8 quarters, to 48.9%. Why the owners changed: foreign institutions moved −2.3 points and domestic institutions +3.8 points over 8 quarters, while promoters moved −1.3 points. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Chola Finance from balance-sheet trouble? For Cholamandalam Investment & Finance Company Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Chola Finance rank in its industry? 63.0 out of 100, rank 1 of 9 in Conglomerate Backed NBFC, with 88% of the evidence available. Cholamandalam Investment & Finance Company Ltd scores 63.0 out of 100 against the 9 companies it is compared with in Conglomerate Backed NBFC, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 23.4 + 19.9 + 10.4 + 9.3 = 63. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Chola Finance compared with? Chola Finance ranks 1 of 9 Conglomerate Backed NBFC companies on the 4-Factor Sector Score, with 63.0 out of 100. 1. Cholamandalam Investment & Finance Company Ltd this page CHOLAFIN · quiet · Evidence leans up · 88% evidence 63.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Income 20.7% · Profit 33.9% · 86% evidence Capital efficiency 19.9/25 · ROA 2.3% · ROE 19.4% · GNPA n/a · 72% evidence Valuation 10.4/20 · P/BV 3.93× · P/BV÷ROE 0.2 · 100% evidence Relative strength 9.3/20 · Lead over its industry 3% · Lead over NIFTY 500 -0.3% · 1 year -6.5% · 100% evidence · 6 of 12 weeks ahead Exact sum: 23.4 + 19.9 + 10.4 + 9.3 = 63 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Poonawalla Fincorp Ltd](https://www.sectoralpha.in/stocks/poonawalla-fincorp-ltd) POONAWALLA · turning · Evidence leans up · 79% evidence 62.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.4/35 · Income 75% · Profit 100% · 62% evidence Capital efficiency 10.8/25 · ROA 1.8% · ROE 5.9% · GNPA n/a · 68% evidence Valuation 3.9/20 · P/BV 2.96× · P/BV÷ROE 0.51 · 100% evidence Relative strength 20.0/20 · Lead over its industry 12.8% · Lead over NIFTY 500 9.2% · 1 year -4.2% · 100% evidence · 8 of 12 weeks ahead Exact sum: 27.4 + 10.8 + 3.9 + 20 = 62.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Aditya Birla Capital Ltd](https://www.sectoralpha.in/stocks/aditya-birla-capital-ltd) ABCAPITAL · quiet · Evidence leans up · 88% evidence 60.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Income 23.8% · Profit 34% · 86% evidence Capital efficiency 10.9/25 · ROA 1.2% · ROE 12% · GNPA n/a · 72% evidence Valuation 8.8/20 · P/BV 2.37× · P/BV÷ROE 0.2 · 100% evidence Relative strength 16.9/20 · Lead over its industry 10.6% · Lead over NIFTY 500 7% · 1 year 14% · 100% evidence · 7 of 12 weeks ahead Exact sum: 23.7 + 10.9 + 8.8 + 16.9 = 60.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Bajaj Finance Ltd](https://www.sectoralpha.in/stocks/bajaj-finance-ltd) BAJFINANCE · quiet · Evidence leans up · 100% evidence 57.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.7/35 · Income 19.1% · Profit 18.9% · 100% evidence Capital efficiency 23.8/25 · ROA 3.5% · ROE 18.2% · GNPA 1.1% · 100% evidence Valuation 8.8/20 · P/BV 4.74× · P/BV÷ROE 0.26 · 100% evidence Relative strength 10.2/20 · Lead over its industry 4% · Lead over NIFTY 500 0.7% · 1 year -9.9% · 100% evidence · 7 of 12 weeks ahead Exact sum: 14.7 + 23.8 + 8.8 + 10.2 = 57.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [HDB Financial Services Ltd](https://www.sectoralpha.in/stocks/hdb-financial-services-ltd) HDBFS · quiet · Evidence leans up · 72% evidence 57.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.5/35 · Income 11.2% · Profit 37.5% · 100% evidence Capital efficiency 17.9/25 · ROA 2.3% · ROE 13.9% · GNPA n/a · 72% evidence Valuation 11.4/20 · P/BV 1.87× · P/BV÷ROE 0.14 · 70% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -23.3% · 1 year -31.8% · 25% evidence · 2 of 12 weeks ahead Exact sum: 20.5 + 17.9 + 11.4 + 7.5 = 57.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Tata Capital Ltd](https://www.sectoralpha.in/stocks/tata-capital-ltd) TATACAP · quiet · Too little evidence to rank firmly · 58% evidence 51.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.4/35 · Income 14.4% · Profit 47% · 62% evidence Capital efficiency 15.1/25 · ROA 2.1% · ROE 12.4% · GNPA n/a · 68% evidence Valuation 8.4/20 · P/BV 2.78× · P/BV÷ROE 0.22 · 70% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.5% · 1 year -2.3% · 25% evidence · 5 of 12 weeks ahead Exact sum: 18.4 + 15.1 + 8.4 + 9.5 = 51.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [Piramal Finance Ltd](https://www.sectoralpha.in/stocks/piramal-finance-ltd) PIRAMALFIN · quiet · Evidence leans down · 69% evidence 47.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.0/35 · Income 19.4% · Profit 100% · 52% evidence Capital efficiency 8.6/25 · ROA 1.7% · ROE 0.9% · GNPA n/a · 68% evidence Valuation 3.2/20 · P/BV 1.39× · P/BV÷ROE 1.62 · 100% evidence Relative strength 12.4/20 · Lead over its industry 4% · Lead over NIFTY 500 0.6% · 1 year 37.3% · 70% evidence · 7 of 12 weeks ahead Exact sum: 23 + 8.6 + 3.2 + 12.4 = 47.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [L&T Finance Ltd](https://www.sectoralpha.in/stocks/l-t-finance-ltd) LTF · quiet · Evidence leans down · 88% evidence 45.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.7/35 · Income 19.9% · Profit 27.4% · 86% evidence Capital efficiency 14.6/25 · ROA 2.2% · ROE 11.2% · GNPA n/a · 72% evidence Valuation 10.0/20 · P/BV 2.09× · P/BV÷ROE 0.19 · 100% evidence Relative strength 0.8/20 · Lead over its industry -8.3% · Lead over NIFTY 500 -11.3% · 1 year -9.6% · 100% evidence · 6 of 12 weeks ahead Exact sum: 19.7 + 14.6 + 10 + 0.8 = 45.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Jio Financial Services Ltd](https://www.sectoralpha.in/stocks/jio-financial-services-ltd) JIOFIN · quiet · Most evidence points down · 73% evidence 31.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.2/35 · Income 100% · Profit 4.9% · 86% evidence Capital efficiency 6.5/25 · ROA 0.9% · ROE 1.2% · GNPA n/a · 72% evidence Valuation 3.8/20 · P/BV 1.04× · P/BV÷ROE 0.87 · 100% evidence Relative strength 7.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.6% · 1 year -33.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 13.2 + 6.5 + 3.8 + 7.9 = 31.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Conglomerate Backed NBFC](https://www.sectoralpha.in/sectors/conglomerate-backed-nbfc), all 9 compared on one page. ## Which companies are close to Chola Finance in size? Chola Finance is the 3rd largest of 9 Conglomerate Backed NBFC companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Bajaj Finance and Tata Capital. Just below it: Jio Financial Services, Aditya Birla Capital, L&T Finance and Piramal Finance. ### Conglomerate Backed NBFC companies close in size

1. [Bajaj Finance Ltd](https://www.sectoralpha.in/stocks/bajaj-finance-ltd) ₹5,84,679 crore
2. [Tata Capital Ltd](https://www.sectoralpha.in/stocks/tata-capital-ltd) ₹1,35,793 crore
3. Cholamandalam Investment & Finance Company Ltd ₹1,35,517 crore
4. [Jio Financial Services Ltd](https://www.sectoralpha.in/stocks/jio-financial-services-ltd) ₹1,35,034 crore
5. [Aditya Birla Capital Ltd](https://www.sectoralpha.in/stocks/aditya-birla-capital-ltd) ₹1,01,156 crore
6. [L&T Finance Ltd](https://www.sectoralpha.in/stocks/l-t-finance-ltd) ₹61,256 crore
7. [Piramal Finance Ltd](https://www.sectoralpha.in/stocks/piramal-finance-ltd) ₹42,996 crore

[All 9 Conglomerate Backed NBFC companies, largest first](https://www.sectoralpha.in/sectors/conglomerate-backed-nbfc#all-companies)

### Companies close in size in other industries

1. [ABB India Ltd](https://www.sectoralpha.in/stocks/abb-india-ltd) ₹1,35,897 crore · Electric Equipment - General
2. [Tata Capital Ltd](https://www.sectoralpha.in/stocks/tata-capital-ltd) ₹1,35,793 crore · Conglomerate Backed NBFC
3. Cholamandalam Investment & Finance Company Ltd ₹1,35,517 crore
4. [Jio Financial Services Ltd](https://www.sectoralpha.in/stocks/jio-financial-services-ltd) ₹1,35,034 crore · Conglomerate Backed NBFC
5. [Bharat Heavy Electricals Ltd](https://www.sectoralpha.in/stocks/bharat-heavy-electricals-ltd) ₹1,34,965 crore · Capital Goods - Engineering Heavy

## What else do people ask about Chola Finance? ### What is Chola Finance's share price today? Cholamandalam Investment & Finance Company Ltd's share price is ₹1,650.00, −2.8% over the past year. The whole company is worth ₹1,40,986 Cr on the market. In the last 52 weeks it traded between ₹1,356 to ₹1,894; today it is 55% of the way up from the low, 1.3% below its 200-day average (as of 3 November 2026). ### What were Chola Finance's latest quarterly results? Cholamandalam Investment & Finance Company Ltd reported total income of ₹9,271 Cr and net profit of ₹1,630 Cr for the Sep 2026 quarter. Income rose 23.8% and profit rose 40.5% compared with a year earlier. Earnings per share were ₹19.08 (as of 3 November 2026). ### What is Chola Finance's market cap? Cholamandalam Investment & Finance Company Ltd's market capitalisation is ₹1,40,986 Cr at a share price of ₹1,650.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Chola Finance performing? Cholamandalam Investment & Finance Company Ltd's share price has been rising for 18 weeks. In its latest quarter, income rose 23.8% and profit rose 40.5% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 7 weeks running (as of 3 November 2026). ### Will Chola Finance's share price go up? This page does not forecast Cholamandalam Investment & Finance Company Ltd's share price. What it shows instead: the share price is ₹1,650.00, and it has been rising for 18 weeks. Its P/BV of 4.1× is higher than 26% of its own last 11 years (as of 3 November 2026). ### Who owns Chola Finance? Promoters own 48.9% of Cholamandalam Investment & Finance Company Ltd, foreign institutions 24.9%, domestic institutions 20.4% and the public 5.8% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 3.8 percentage points over 8 quarters (as of 3 November 2026). ### Where is Chola Finance in its business cycle? Cholamandalam Investment & Finance Company Ltd's FY26 net margin was 16.8%, against a 13-year range of 11.2% to 21.2%: the middle of its own range, neither a peak nor a low. The latest quarter was 17.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Chola Finance story? The main question: foreign institutions moved −2.3 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Chola Finance a stock worth studying right now? What the numbers show: Cholamandalam Investment & Finance Company Ltd's results are improving, while its P/BV is near the low end of its own history over 11 years, higher than only 26% of past readings. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Chola Finance share price forecast for 2026? What management itself guided: Full-year AUM growth 20-23% retained with no revision despite strong H1. This is research, not advice. We’re not SEBI-registered.