Cholamandalam Investment and Finance Company Limited has informed the Exchange that Record date for the purpose of Dividend is 21-Jul-2026.
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Cholamandalam Investment and Finance Company (Chola) reported strong FY2026 results with standalone profit after tax of Rs 5,219.59 crore, up 22.6% from Rs 4,258.53 crore in FY2025. Total income grew to Rs 31,444.84 crore from Rs 26,054.76 crore. The Board recommended a final dividend of Rs 0.70 per equity share (35% on face value of Rs 2), subject to shareholder approval at the 48th AGM on July 28, 2026. The record date for dividend is July 21, 2026, and payment will be made by August 26, 2026. EPS improved to Rs 61.83 from Rs 50.67. Net profit margin expanded to 16.85% from 16.54%. Gross NPA stood at 4.36% vs 3.97% in FY2025, showing some asset quality pressure.
The company delivered robust profit growth and dividend payout, which is positive for income-focused investors. However, rising NPA levels warrant monitoring for asset quality concerns. The July 21 record date gives shareholders a clear timeline to be eligible for the dividend.