Cholamandalam Financial Holdings Ltd · NSE:CHOLAHLDNG
Cholamandalam Financial — Q4 FY25 Earnings Presentation
69 slides from Cholamandalam Financial's earnings presentation, May 9, 2025
Slide 1: Presentation to Analyst / Investor cover letter
May 9 2025 The Manager The Secretary Listing Department BSE Limited, National Stock Exchange of India Ltd 25th Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor Dalal Street, Fort, Plot No.C-1, Block G Mumbai 400 001 Bandra-Kurla Complex Bandra (E) Mumbai 400 051 Symbol : CHOLAHLDNG Scrip
Slide 2: Corporate Presentation – Q4-FY25
CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED CORPORATE PRESENTATION – Q4-FY25 1
Slide 3: Murugappa Group in a Nutshell
Murugappa Group in a Nutshell Consolidated Group Market 124 Years of $9.3 $47.8 Turnover cap (as on 31st Years Existence B B (FY24) Mar 2025) Listed 3 Sectors 29+ Businesses 9 Companies 50 Geographical 113 Manufacturing 83,000+ Work force Countries Presence Locations Locations All figures are as on
Slide 4: Murugappa Group Overview
Murugappa Group Overview Murugappa Group Overview Murugappa Group Agriculture Engineering Financial services Market Cap(Cr.) 72,301 1,70,598 1,60,685 Turnover (Cr.) 51,471 19,533 26,196 PAT(Cr.) 3,260 2,200 3,923 Market Cap(Cr.) 58,339 13,962 19.391 53,612 97,595 1,27,785 NA 32,900 Turnover (Cr.) 22
Slide 5: Spirit of Murugappa
SPIRIT OF MURUGAPPA “The fundamental principle of economic activity is that no man you transact with will lose, then you shall not." 4
Slide 6: Cholamandalam Financial Holdings Limited (Core Investment Company)
Cholamandalam Financial Holdings Limited (CFHL) (Core Investment Company) 44.34% 60.00% 49.50% Cholamandalam Cholamandalam MS Investment and Cholamandalam MS General Insurance Risk Services Limited Finance Company Company Limited Limited (CIFCL) (CMSRSL) (CMSGICL) • Subsidiary (as per Ind AS) • Join
Slide 7: Shareholding Pattern
Shareholding Pattern Institutional Holders (More than 1%) Shareholding Pattern as of March 31, 2025 Top Domestic Institutional Holdings * ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED Others, 15.75% * CANARA ROBECO MUTUAL FUND * HDFC MUTUAL FUND * NIPPON LIFE INDIA TRUSTEE LTD Promoters, FPI, 17.54%
Slide 8: Performance Highlights - Consolidated
Performance Highlights - Consolidated Rs.in Cr. Rs.in Cr. Revenue Profit after tax EPS (Rs.) Revenue Profit after tax EPS (Rs.) Q4 FY25 9,010 1,362 32.68 YTD Mar-25 33,460 4,740 115.76 26% 19% 20% 28% 23% 23% Q4 FY24 7,158 1,144 27.32 YTD Mar-24 26,087 3,851 94.39 7
Slide 9: Performance Highlights - Consolidated
Performance Highlights - Consolidated Profit After Tax (Rs.in crs) Profit After Tax (Rs. in crs) 1,600 5,000 4,740 1,362 1,400 4,263 1,260 3,851 4,000 1,200 1,144 1,065 3,420 1,000 3,000 800 2,000 600 400 1,000 484 441 200 118 95 - - CIFCL CMSGICL (7) Others (10) CFHL Consol CIFCL CMSGICL Others CFH
Slide 10: Financial Performance & Metrics
Financial Performance & Metrics CFHL - Standalone CIFCL YTD Mar-25 YTD Mar-24 Particulars (Rs. in Cr) YTD Mar-25 YTD Mar-24 Disbursements (Rs. in Cr) 1,00,869 88,725 As of As of Income 86.20 86.00 31-Mar-2025 31-Mar-2024 Expenses 3.63 6.99 Asset Under Management (Rs. in Cr) 1,99,876 1,53,718 Profit
Slide 11: Regulatory Ratios of CFHL
Regulatory Ratios of CFHL Rs Crs As of As of Particulars March 31, 2025 March 31, 2024 Owned Funds (A) 1,340.90 1,277.09 Adjusted Networth (B) 25,819.77 22,575.32 Risk Weighed Assets ( C) 1,292.60 1,280.25 Outside Liabilities (D) 4.13 1.65 Net assets (E) 1,290.82 1,279.56 Investment in equity shares
Slide 12: Cholamandalam Investment and Finance Company Limited
Cholamandalam Investment and Finance Company Limited 11
Slide 13: Disbursements
Disbursements Disbursements (₹Cr) Disbursements (%) 0.03% 1% 1% 1% * 1,00,869 2% 5% 8% 1,316 6% 2% 9% 9% 5% * 88,725 7,763 12% 14% 10% 13% 1,074 12,552 16% 8,106 6% 7% 8% * 66,532 11,281 7,404 14% 15% 18% 451 6,388 6,362 17,913 6,865 3,830 13,554 * 35,490 78% 9,299 72% 11 * 26,043 1,926 682 1,896 60
Slide 14: Assets Under Management
Assets Under Management Business - Assets under Management (₹Cr) Business - Assets under Management (%) * 1,84,746 2,422 6,628 0.01% 1% 1% 1% 14,573 1% 6% 1% 3% 3% * 1,45,572 7%1% 5% 4% 8% 8% 1,404 18,427 8% 4,977 21% 9% 10% 22% 11,430 * 1,06,498 41,439 20% 13,404 21% 444 22% 3,550 5,527 29,859 * 76
Slide 15: Profitability and Net worth
Profitability and Net worth Profit after tax (₹Cr) Networth (₹Cr) *23,627 168 4,259 *19,557 168 3423 *14,296 2666 164 *11,708 2147 23,459 *9,560 164 19,388 1515 164 14,132 11,543 9,396 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 14
Slide 16: Chola – Stage 3 Assets Trend
Chola –Stage 3 Assets Trend As per revised RBI norms GNPA% & NNPA% as of Mar25 is at 3.97% and 2.63%, respectively. 15
Slide 17: Vehicle Finance
Vehicle Finance Primary Colours 16
Slide 18: Vehicle Finance: Q4FY25 & FY25 Performance
Vehicle Finance: Q4FY25 & FY25 Performance • Disbursements grew by 11% in Q4FY25 to Rs. 14,430 Cr as Disbursements compared to Q4FY24 and by 12% in FY25 to Rs.53,922 Cr as compared to FY24. Assets under • AUM has grown by 20% YoY. management Loss and • Loan losses at 1.2% in Q4FY25 from 0.5% in Q4FY
Slide 19: Sector outlook – Vehicle Finance business (1/3)
Sector outlook – Vehicle Finance business (1/3) Sector Outlook Chola’s Position • The Heavy commercial vehicle segment had a • We will keep a close watch in this segment in growth of 2% in Q4 FY’25 & a de-growth of 3% line with industry trends and continue at current as of YTD Mar’25. This is due to
Slide 20: Sector outlook – Vehicle Finance business (2/3)
Sector outlook – Vehicle Finance business (2/3) Sector Outlook Chola’s Position ▪ The Passenger vehicle (Car & MUV) segment ▪ We will continue our focus in this segment had a growth of 3% in Q4 FY’25 & 2% as of YTD through retail volumes and growth in rural Mar’25 which is an all-time high sale dema
Slide 21: Sector outlook – Vehicle Finance business (3/3)
Sector outlook – Vehicle Finance business (3/3) Sector Outlook Chola’s Position ▪ The Construction Equipment segment had a de- ▪ Our exposure in this segment is around 6% at a growth of 4% in Q4 FY’25 & a growth of 2% as of portfolio level and we will continue to build a YTD Mar’25 which is an all-t
Slide 22: Auto Industry Outlook
Auto Industry Outlook Trend in Domestic LCV Sales Trend in Domestic SCV Sales Chola 4 year Chola 4 year Chola YoY growth rate 4% (in Units) Chola YoY growth rate (16%) CAGR 14% 561052 CAGR (7%) CAGR @ (in Units) 5% 200811 484658 198633 470467 457481 CAGR @ 5% 188283 176381 171587 337684 FY'22 FY'23
Slide 23: Auto Industry Outlook
Auto Industry Outlook Trend in Domestic HCV Sales Trend in Domestic Car & MUV Sales Chola 4 year Chola YoY growth rate 21% Chola 4 year (in Units) Chola YoY growth rate 14% CAGR 28% CAGR 27% 4988387 (in Units) 358870 4309156 CAGR @ 5% 301947 CAGR @ 7% 4226797 297070 292945 3897220 197641 3074383 FY'
Slide 24: Vehicle Finance—Business Model & Positioning
Vehicle Finance—Business Model & Positioning CV PV Low Industry Low Low Industry Low Chola Position Chola Position Principal Operator Salaried > 50 Vehicles Large Operators 26- 50 vehicles HCV Self Employed with Returns Returns Financials RISK RISK Medium Operators 10 -25 – HCV & LCV vehicles Taxi a
Slide 25: Vehicle Finance—Business Model & Positioning
Vehicle Finance—Business Model & Positioning Tractor CE Low Industry Low Low Industry Low Chola Position Super Strategic Chola Position Large Farmer Strategic Customer Captive Users / Prior Vehicles Captive Users/Prior Vehicles Returns Returns Medium Retail operator RISK RISK Medium Farmers Small Re
Slide 26: Vehicle Finance - Disbursement/Portfolio Mix – Q4FY25
Vehicle Finance - Disbursement/Portfolio Mix – Q4FY25 Well diversified across geography Disbursements - State wise Portfolio - State wise Dadra and Nagar Haveli Dadar and Nagar Haveli & Daman and Diu & Daman & Diu MP AP Karnataka MP AP 0.05% 0.04% Karnataka Maharashtra Maharashtra 5% Kerala 5% 5% 5%
Slide 27: Vehicle Finance - Disbursement/Portfolio Mix – Q4FY25
Vehicle Finance - Disbursement/Portfolio Mix – Q4FY25 Well diversified product segments` Disbursements (%) - Product wise Portfolio (%) - Product wise` HCV HCV 7% 3 Wheeler 7% CE 1% 3 Wheeler LCV 1% LCV 6% CE 2 Wheeler 16% 19% 6% 2 Wheeler 7% 9% MUV 12% MUV Used Vehicles 12% 28% Used Vehicles 34% CA
Slide 28: Vehicle Finance - Disbursement Mix – Quarter-wise
Vehicle Finance - Disbursement Mix – Quarter-wise Disbursement (₹Cr) - Product wise Disbursement (%) – Product wise * 14,390 * 14,430 * 12,962 912 816 * 12,766 * 12,336 854 1,051 816 6% 5% 5% 6% 6% 674 637 6% 6% Yield 6% 7% Low 914 745 7% 683 2,116 2,333 17% 15% 15% 2,048 2,134 16% 16% 1,896 1,687 1
Slide 29: Vehicle Finance - Portfolio Mix – Quarter-wise
Vehicle Finance - Portfolio Mix – Quarter-wise Portfolio (₹Cr) - Product wise Portfolio (%) – Product wise * 1,01,257 * 96,673 5% 7% 6% 6% 6% * 92,012 6,490 * 88,638 6,232 7% 7% 7% 7% 7% * 84,498 6,882 5,842 6,398 5,718 Low Yield 5,548 6,083 20% 5,925 19,277 20% 20% 19% 19% 5,670 18,539 18,180 17,54
Slide 30: Vehicle Finance - Disbursements and Asset Under Management
Vehicle Finance - Disbursements and Asset Under Management Assets under management (₹Cr) Disbursements (₹Cr) * 1,01,257 9 53,922 48,348 * 84,498 42 39,699 * 66,938 215 *50,415 *52,881 1,01,248 25,439 1,479 693 84,456 20,249 66,723 48,937 52,187 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 On Bo
Slide 31: Vehicle Finance - Income and Profit before tax
Vehicle Finance - Income and Profit before tax Income (₹Cr) Profit before tax (₹Cr) 14,108 2,824 11,274 2,532 2,272 2,054 8,851 7,440 7,721 1,287 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 30
Slide 32: Loan Against Property
Loan Against Property ary Colours 31
Slide 33: Loan Against Property – Q4FY25 & FY25 Performance
Loan Against Property – Q4FY25 & FY25 Performance • Disbursements grew by 30% in Q4FY25 to Rs. 5,539 Cr as Disbursements compared to Q4FY24 and by 32% in FY25 to Rs.17,913 Cr as compared to FY24. Asset under • AUM has grown by 39% YoY. management • Loan losses at 0.19% in Q4FY25 as compared to -0.3%
Slide 34: Loan Against Property: Industry outlook
Loan Against Property: Industry outlook Sector Outlook Chola’s Position • Ind-Ra has maintained a neutral sector outlook for NBFCs and • We continue to focus on retail customers especially in Stable rating outlook for FY26. ICRA expect FY26 growth rate smaller towns and rural areas. Increasing marke
Slide 35: Loan Against Property - Disbursements and Asset Under Management
Loan Against Property - Disbursements and Asset Under Management Disbursements (₹Cr) Assets under Management (₹Cr) * 41,439 17,913 2,512 * 29,859 13,554 823 * 21,588 1,114 38,927 9,299 * 16,795 * 14,777 1,544 2,062 29,036 5,536 20,474 15,250 12,716 3,627 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24
Slide 36: Loan Against Property – Income and Profit before tax
Loan Against Property – Income and Profit before tax Income (₹Cr) Profit before tax (₹Cr) 4,543 1,266 973 3,208 759 2,292 1,807 1,642 469 306 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 35
Slide 37: Home Loans
Home Loans Primary Colours 36
Slide 38: Home Loans – Q4FY25 & FY25 Performance
Home Loans – Q4FY25 & FY25 Performance • Disbursements grew by 14% in Q4FY25 to Rs. 1,983 Cr as Disbursements compared to Q4FY24 and by 16% in FY25 to Rs.7,404 Cr as compared to FY24. Asset under • AUM has grown by 37% YoY. management • Loan losses at 0.6% in Q4FY25 as compared to -0.04% in Q4FY24 a
Slide 39: Home Loans - Industry outlook
Home Loans - Industry outlook Sector Outlook Chola’s Position • The underpenetrated market and the government’s • Chola continues to expand its reach into smaller villages and thrust on “Housing for all” are likely to support towns, focusing on untapped rural areas across India to growth going forwa
Slide 40: Home Loans - Disbursements and Asset Under Management
Home Loans - Disbursements and Asset Under Management Disbursements (₹Cr) Assets under Management (₹Cr) *18,427 296 7,404 6,362 *13,404 356 *8,451 18,131 3,830 433 *5,590 13,048 *4,345 527 620 8,018 1,896 5,063 3,726 1,542 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 On Book Assigned * Total AU
Slide 41: Home Loans - Income and Profit before tax
Home Loans - Income and Profit before tax Income (₹Cr) Profit before tax (₹Cr) 709 2,548 489 1,756 321 971 222 692 519 112 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 40
Slide 42: Funding Profile
Funding Profile < Chola axe murugappa Financial Holdings 41 igapp%
Slide 43: CAR and Credit Rating
CAR and Credit Rating Capital Adequacy Ratio (CAR) – As per RBI guideline Tier I Tier II 19.07 19.62 19.75 17.13 18.57 3.93 3.13 2.35 3.47 5.34 15.14 16.49 14.78 15.10 14.41 FY21 FY22 FY23 FY24 FY24 Minimum CAR Stipulated by RBI is 15% & for Tier I is 10% Loan type India ratings Care ICRA Crisil ST
Slide 44: Diversified Borrowings Profile (I/II)
Diversified Borrowings Profile (I/II) ₹ Cr Borrowing mix by instrument type * 1,34,474 * 1,49,902 * 1,57,794 * 1,67,076 * 1,74,946 3% 4% 2% 1% 3% 3% 1% 2% 1% 3% 2% 3% 2% 2% 5% 1% 3% 3% 3% 3% 17% 15% 18% 18% 17% 6% 8% 4% 3% 6% 7% 6% 5% 6% 7% 11% 11% 11% 11% 11% 46% 46% 45% 46% 44% 4% 4% 5% 6% 6% Q4FY
Slide 45: Diversified Borrowings Profile (I/II)
Diversified Borrowings Profile (I/II) ₹ Cr Borrowing mix by investor type * 1,34,474 * 1,49,902 * 1,57,794 * 1,67,076 * 1,74,946 7% 6% 5% 6% 7% 18% 17% 18% 17% 15% 0.3% 3% 2% 3% 3% 0.3% 2% 0.3% 3% 0.3% 1% 6% 6% 8% 4% 53% 52% 53% 52% 52% 1% 1% 1% 1% 7% 1% 7% 6% 7% 7% 5% 8% 6% 5% 5% 3% 3% 3% 3% 3% Q4F
Slide 46: ALM Statement as of 31st Mar 2025 (As per IND AS)
ALM Statement as of 31st Mar 2025 (As per IND AS) ₹ Cr ALM snapshot as on 31st Mar 2025 Particulars 1m >1 to 2m >2 to 3m >3 to 6m >6m to 1 yr >1 to 3 yr >3 to 5 yr >5 yr Total Cash & Bank Balances 4,581.01 475.56 2,868.47 80.33 2,384.34 2,622.14 727.96 1,527.54 15,267.35 Advances 5,971.03 5,635.44 4
Slide 47: Cholamandalam MS General Insurance Company Limited
Cholamandalam MS General Insurance Company Limited Financial data in this section is as per IGAAP 46
Slide 48: Chola MS General Insurance: Brief Overview
Chola MS General Insurance: Brief Overview Murugappa Group Mitsui Sumitomo Insurance, Japan ◼ Murugappa Group - India's leading business ◼ Mitsui Sumitomo Insurance - part of MS&AD – one of conglomerate the largest insurance group in the world. ◼ Founded in 1900, Headquartered in Chennai, the INR 77
Slide 49: Key Financial Parameters (Rs. Crs)
Key Financial Parameters (Rs. Crs) Particulars – In Rs. Cr FY'23 FY’24 FY’25 Gross Written Premium$ 6200 7598 8328 NEP 4019 5079 5806 U/W Results -599 -659 -661 Investment income (Net) 887 1116 1307 PBT 264 444 681 PAT 199 331 507 Net worth (Ex fair value change surplus) 2160 2492 2999 Solvency Rati
Slide 50: Financial Performance (Rs. Crs)
Financial Performance (Rs. Crs) Excluding 1/n impact With 1/n impact Particulars (In Rs. Crs) Q4 FY 25 FY25 Q4 FY 25 FY25 GWP 2260 8577 2135 8328 GWP growth 11.9% 12.9% 5.7% 9.6% PAT 192* 564 144* 507 PAT Growth 183.6% 70.3% 112.2% 53.0% Return on average networth – Not 6.5% 20.3% 4.9% 18.5% annuali
Slide 51: LOB Wise - Growth Trends of Multi-line Insurers
LOB Wise - Growth Trends of Multi-line Insurers LOB Wise - Growth trends of GDPI In FY25, Chola MS • Overall growth Other higher than industry Particulars Months Fire Motor Health PA Crop Others Total @ 7.9%* Comml Lines Q4 FY'25 -1.9% 3.5% 6.8% -0.1% 0.2% -27.6% -9.2% 0.4% Industry FY'25 -5.3% 11.1
Slide 52: Among the Top ranked GI Players supported by strong growth
Among the Top ranked GI Players supported by strong growth GDPI* growth 1.5 times of Industry growth in last 4 years Rs In Crs (CAGR FY2021 - FY 2025 = 16.6%) FY’2025 7533 8124 Growing Market 6156 Share 4398 4388 4824 5.5% Market share in FY'20 FY'21 FY'22 FY'23 FY'24 FY'25 Motor Insurance Growth vi
Slide 53: Key Financial Indicators
Key Financial Indicators GWP (INR Cr) and Growth (%) Return on Net Worth – Not Annualized (%) Includes RI Inwards 18.5% 251 22.5% 900 0 30. 0% 800 0 26.7% 25. 0% 14.3% 700 0 600 0 20. 0% 500 0 9.6% 5.7% 9.7% 13.7% 15. 0% 400 0 300 0 124 10. 0% 200 0 6200 7598 2020 4.9% 8328 5.0 % 2135 2.8% 100 0 0 0
Slide 54: Capital efficiency - No Capital Infusion in last 11 years
Capital efficiency - No Capital Infusion in last 11 years Rs In Crs Net Worth 2160 2492 2999 1718 2050 2557 442 442 442 FY'23 FY'24 FY'25 Capital Invested Reserves ▪ Accumulated profits @ 85.3% of Net worth (Rs.2999 Crs) as on Mar’25 ▪ Total Capital infused is Rs. 442 Crs ▪ Tier 2 Capital presently
Slide 55: Consistent Operating Metrics
Consistent Operating Metrics Particulars 2021-22 2022-23 2023-24 2024-25 Number of policies issued No in Lacs 99 121 137 130 Market Presence No’s 638 604 669 676 Bank Branches No’s 34000+ 34000+ 38000+ 38000+ Motor OD Claims Settlement (TTM) % 93% 94% 96% 94% Health Claims Settlement (TTM) % 97% 94%
Slide 56: Claims Ratio (%)
Claims Ratio (%) Line of Business FY'23 FY’24 FY’25 Q4 FY’24 Q4 FY’25 Motor OD# 71.7% 72.8% 73.6% 75.4% 72.5% Motor TP 77.0% 76.0% 72.2% 73.1% 74.8% Motor Total 75.6% 75.1% 72.6% 73.8% 74.1% Health, Travel & PA 66.6% 66.7% 73.0% 69.0% 75.0% Crop$ NA 104.2% 99.0% 119.6% 113.5% Fire# 39.0% 78.5% 78.4%
Slide 57: Investment Book Overview (Rs In Crs)
Investment Book Overview (Rs In Crs) Category Mar-23 Mar-24 Mar-25 Govt Securities 9579 10121 7871 PSU / Corporate Bonds 4483 5475 8779 Equity 321 583 1001 Others 300 322 600 Grand Total 14683 16501 18251 Yield with profit on sale 6.5% 7.1% 7.5% Yield without profit on sale 6.4% 6.6% 6.8% Investment
Slide 58: Dominance in Motor, Diversification Underway
Dominance in Motor, Diversification Underway Motor Market Share (Largest GI Segment) Strategized diversification across Motor eco-system GI Market Share by GWP 74.3% 65.1% 75.6% 75.1% 72.6% 5.5% 5.3% 5.4% 16.4% 23.1% 19.6% 16.7% 14.9% 4.9% 43.8% 42.8% 58.2% 44.6% 4.6% 47.6% 35.9% 39.5% 42.3% 25.4% 2
Slide 59: Dominance in Motor, Gaining Prominence in Other Segment
Dominance in Motor, Gaining Prominence in Other Segment 7.0% 6.8% 6.3% 1.8% 6.2% 8.7% 8.9% 14.4% 6.9% 2.1% 7.9% 6.0% 2.5% 4.9% 4.3% 4.0% 4.5% 7.5% 6.3% Crop 13.3% 13.6% 6.8% 12.0% 11.8% 11.0% PA & Others Group health Retail Health 78.6% 71.0% 70.5% 65.9% 65.4% Commercial 63.5% Motor FY'21 FY'22 FY'2
Slide 60: Retail Focused Diversified Operations
Retail Focused Diversified Operations Retail dominated business mix Steady growth in policy issuance over the years No. of policies issued (in Lacs) Commercial 137 24.7% 130 121 99 63 Retail 75.3% FY'21 FY'22 FY'23 FY'24 FY'25 Significant growth in retail oriented policies Geographic Presence – Mix
Slide 61: Multi-Channel Model Ensures Less Concentration & Diversified Revenue Stream
Multi-Channel Model Ensures Less Concentration & Diversified Revenue Stream Channel wise Mix% 6.5% 6.3% 5.1% 5.2% 5.1% 5.4% 8.8% 9.9% 9.9% 11.0% 11.4% 11.7% 25.0% 32.5% 40.4% 36.5% 40.5% 41.7% 35.9% 34.9% 31.1% 29.2% 26.1% 25.3% 27.5% 21.2% 18.1% 14.5% 12.1% 11.4% FY'21 FY'22 FY'23 FY'24 FY'25 FY'25
Slide 62: Technology Transformation Initiatives
Technology Transformation Initiatives Core PAS System Upgrade Adoption of new Work flow Solutions ▪ Agile configuration capabilities to enable faster time to ▪ Working on upgrading workflow solution for increased market with new product launches productivity across user groups ▪ Out of the box micro
Slide 63: Indian General Insurance: Large addressable market
Indian General Insurance: - Large addressable market Significantly underpenetrated Premium as a % GDP Non-Life Insurance Density (Premium per capita) (CY23) (US$) (CY23) (US$) 9.3 7504 6.0 2.6 2.1 2.3 1968 1.8 1.8 1294 693 1.0 0.7 0.6 234 183 141 98 28 25 China Indonesia Brazil UK Russia India USA J
Slide 64: Industry has Witnessed Strong Growth Over the last 15 Years
Industry has Witnessed Strong Growth Over the last 15 Years General Insurance Gross Premium has grown >10x over the last 15 years Growth of 6.2% over (Rs In Cr) CAGR (Last 15 Years) = 14.9% FY’24 2,89,738 3,07,659 2,56,912 2,20,772 1,89,302 1,98,724 1,50,572 1,70,036 1,28,213 77,541 84,686 96,394 58
Slide 65: Motor & Retail Health are the Largest GI Segment and Continue to Grow at Steady Pace
Motor & Retail Health are the Largest GI Segment and Continue to Grow at Steady Pace Motor accounts for 43.4% share of the overall GWP for Private General Insurers (single largest segment) Motor Claim ratio (Private Motor Insurance– GWP Rs in Crs) (Private Motor Insurance– Claims Ratio) CAGR: 14% 83
Slide 66: Favorable Regulations Aiding Growth
Favorable Regulations Aiding Growth Amendment to Acts expected to improve profitability and growth across segments Growth Oriented Requiring Tweaks Impending Product Regulations Rural / Social / TP Obligations Courts’ recognition of amended MV Act Use and File across lines Claim initiation time
Slide 67: Contact us
Contact us Cholamandalam Financial Holdings Limited (CFHL), Dare House, No. 234, NSC Bose Road, Parrys, Our registered Chennai 600001. office Land Line: 044–4090 7638 / 2530 6486 http://www.cholafhl.com Email-ID Krithika E - Company Secretary–krithikae@cfhl.murugappa.com 66
Slide 68: Disclaimer
Disclaimer • Certain statements included in this presentation may be forward looking statements made based on management’s current expectations and beliefs concerning future developments and their potential effects upon Cholamandalam Financial Holdings Ltd and its subsidiaries. There can be no assur
Slide 69: Thank You
Thank You <> Chola 2G Financial Holdings murugappa
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