AUM growth of 20-23% in FY27
Management expects overall AUM growth to remain in the 20-23% range, with vehicle finance growing ~18% and mortgage (HL+LAP) at 25-30%.
CHOLAMANDALAMINVESTMENTA / guidance tracker
Keep management guidance in view.
Cholamandalam Investment and · forward-looking guidance across the available source record.
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Guidance tracker
What management said would happen.
growth
Net credit cost to improve to 1.5% in FY27
Net credit cost (pre-overlay) is guided to decline from 1.6% in FY26 to 1.5% in FY27, driven by better underwriting and improving asset quality.
Pre-tax ROA target of 3.5% in FY27
Management targets a pre-tax ROA of 3.5% for FY27, up from ~3.3% in FY26 (post-overlay), supported by lower credit costs and stable NIMs.
Branch expansion: 100 VF, 100 HL, 100 LAP, 300 gold branches in FY27
Planned branch additions include 100 vehicle finance, 100 home loan, 100 LAP, and 300 exclusive gold loan branches to drive growth.