About Cholamandalam Financial Holdings Limited

Cholamandalam Financial Holdings Limited (CFHL) is the Murugappa Group’s core investment company, registered with the Reserve Bank of India as a Non-Deposit Taking, Systemically Important Core Investment Company (Middle Layer NBFC). Incorporated on 9 September 1949 and formerly known as TI Financial Holdings Limited, the company is headquartered at “Dare House,” 234, NSC Bose Road, Chennai, Tamil Nadu.

CFHL’s principal activities are investment holding, with its main assets being substantial stakes in Cholamandalam Investment and Finance Company Limited (CIFCL), Cholamandalam MS General Insurance Company Limited (CMSGICL), and Cholamandalam MS Risk Services Limited (CMSRSL). As at FY25, CFHL held 44.34% of CIFCL (accounted as a subsidiary for consolidation), 60.00% of CMSGICL, and 49.50% in CMSRSL (joint venture).

Key portfolio offerings (delivered through group companies) include:

• Lending and financial services: vehicle finance, home loans, loan against property, SME loans, secured business and personal loans, consumer and small enterprise loans, two-wheeler/three-wheeler loans, construction equipment loans, gold loans, stock broking, payment aggregation and more (CIFCL).
• General insurance: motor, health, property, personal accident, engineering, liability, marine, travel and crop insurance (CMSGICL).
• Risk and engineering services: enterprise risk, EHS tools, process safety, environmental services and driver management programs (CMSRSL).

Cholamandalam Financial Holdings Limited’s Business Segments

CFHL consolidates performance across three operating segments—Financing, Insurance and Others. In FY25, revenue from operations by segment (before eliminating inter-segment items) was: Financing ₹25,846.05 crore; Insurance ₹7,677.12 crore; Others ₹86.20 crore; total ₹33,125.33 crore .

Industries served:

• Lending primarily serves retail borrowers across vehicle finance, affordable housing, MSMEs and self-employed customers, including first-time borrowers and new-to-credit customers in under-penetrated geographies (CIFCL).
• Insurance serves both individuals and corporates across multi-line general insurance (CMSGICL).

Revenue by Industry Vertical (consolidated turnover mix):

• Lending business: 77.69%
• Insurance business: 21.67%.

Cholamandalam Financial Holdings Limited Key Management

• M. M. Murugappan, Chairman
• Sridharan Rangarajan, Non-Executive Director
• N. Ganesh, Manager & Chief Financial Officer

Latest Updates on Cholamandalam Financial Holdings Limited

Governance and shareholding updates: Stock exchanges approved reclassification of certain promoter group persons to the “Public” category on December 11, 2024; M/s. R G N Price & Co. were appointed statutory auditors for a three-year term at the 75th AGM (August 9, 2024)  .