Cholamandalam Financial Holdings Limited — Investor Meet, 11-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Cholamandalam Financial Holdings (Chola MS Gen. Ins.) Q2 FY26 saw Gross Direct Premium Income of 1,835 Cr, impacted by crop loss and 1/n reporting effect, which ends in Q3. Half-year PBT was 266 Cr, ROE 6.2%. Combined Ratio 115.3% (112.1% adjusted), impacted by higher motor OD claims & conservative TP reserving. Management implementing corrective measures to improve loss ratios, aiming for 5 ppt reduction in H2 motor OD. Investment corpus 18,380 Cr, strategically shifting towards higher-yield corporate bonds. Growth expected from Q3; management aims for 16-18% ROE. Awaits potential TP price hike, hopeful for April 1.