CMP: 177

Cholamandalam Investment and Finance Co Ltd. is a financial service provider. The Company, through its subsidiaries, offers personal loans, home equity loans, mutual funds, securities brokerage, corporate finance, and investment advisory services.

CIFC is a decent bet in Finance & Leasing segment. Its currently trading at a P/E of less than 14 with dividend yields of close to 1% in the last 12 months. Revenues have risen steadily from 891 Crores to 1715 Crores over the last 5 years. Profits have fluctuated and risen from 59 Crores to 173 Crores over the last 5 years. NPM has fluctuated and improved from 7% to 10% over the last 5 years. Its a decent long term buy. Exit when Nifty peaks.