About
Choice International Limited, together with its subsidiaries, provides various financial services in India. It operates through Broking & Distribution Services, Advisory Services, and NBFC Services segments. The company offers equity broking; wealth management, such as asset allocation, risk management, investment products, and estate planning; health, life, commercial, and vehicle insurance; solar, business, and vehicle loans, as well as loans against securities; and corporate advisory services, including investment and merchant banking, corporate finance, and IPO readiness services. It also provides business and transaction advisory; taxation; governance, risk, and compliance; corporate services; and research and survey, bid process management, policy formation and advisory, and monitoring and evaluation services. In addition, the company offers direct, indirect, and international taxation services; insurance and mutual fund distribution; and management consulting services, as well as operates Choice FinX trading app. The company was incorporated in 1993 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap16,952 Cr
P/E74.40
Div Yield0.00 %
Book Value₹75.00
52w High₹860.00
52w Low₹569.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 310.00 | 307.00 | 303.00 | 274.00 | 235.00 | 253.00 | 209.00 | 247.00 | 201.00 | 215.00 | 207.00 | 191.00 | 138.00 |
| Expenses | 205.00 | 191.00 | 192.00 | 185.00 | 151.00 | 157.00 | 150.00 | 172.00 | 148.00 | 147.00 | 141.00 | 142.00 | 102.00 |
| Operating Profit | 105.00 | 116.00 | 112.00 | 89.00 | 83.00 | 96.00 | 60.00 | 76.00 | 53.00 | 67.00 | 67.00 | 49.00 | 36.00 |
| OPM % | 34.00 | 38.00 | 37.00 | 33.00 | 36.00 | 38.00 | 28.00 | 31.00 | 26.00 | 31.00 | 32.00 | 25.00 | 26.00 |
| Other Income | 9.00 | 7.00 | 5.00 | 10.00 | 3.00 | 2.00 | 2.00 | 2.00 | 5.00 | 2.00 | 3.00 | 3.00 | 2.00 |
| Depreciation | 6.00 | 10.00 | 3.00 | 4.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 |
| Interest | 28.00 | 26.00 | 21.00 | 21.00 | 21.00 | 22.00 | 16.00 | 15.00 | 13.00 | 12.00 | 11.00 | 10.00 | 7.00 |
| Profit before tax | 80.00 | 87.00 | 92.00 | 74.00 | 63.00 | 74.00 | 43.00 | 61.00 | 43.00 | 55.00 | 56.00 | 40.00 | 29.00 |
| Tax % | 24.00 | 22.00 | 29.00 | 24.00 | 24.00 | 28.00 | 29.00 | 23.00 | 26.00 | 29.00 | 28.00 | 25.00 | 28.00 |
| Net Profit | 61.00 | 68.00 | 66.00 | 56.00 | 48.00 | 54.00 | 31.00 | 46.00 | 32.00 | 39.00 | 40.00 | 30.00 | 21.00 |
| EPS in Rs | 2.48 | 2.71 | 2.56 | 2.69 | 2.19 | 2.59 | 1.47 | 2.31 | 1.48 | 1.93 | 1.98 | 1.48 | 1.08 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,119.00 | 921.00 | 756.00 | 393.00 | 285.00 | 176.00 | 132.00 | 121.00 | 152.00 | 134.00 | 187.00 | 62.00 |
| Expenses | 719.00 | 626.00 | 531.00 | 286.00 | 194.00 | 134.00 | 93.00 | 85.00 | 113.00 | 103.00 | 160.00 | 36.00 |
| Operating Profit | 400.00 | 295.00 | 225.00 | 107.00 | 92.00 | 41.00 | 39.00 | 36.00 | 39.00 | 30.00 | 28.00 | 26.00 |
| OPM % | 36.00 | 32.00 | 30.00 | 27.00 | 32.00 | 23.00 | 29.00 | 29.00 | 26.00 | 23.00 | 15.00 | 42.00 |
| Other Income | 25.00 | 1.00 | 3.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 |
| Interest | 89.00 | 66.00 | 41.00 | 22.00 | 15.00 | 15.00 | 17.00 | 20.00 | 21.00 | 19.00 | 19.00 | 17.00 |
| Depreciation | 20.00 | 8.00 | 7.00 | 5.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 |
| Profit before tax | 316.00 | 221.00 | 181.00 | 82.00 | 74.00 | 23.00 | 18.00 | 12.00 | 16.00 | 10.00 | 7.00 | 6.00 |
| Tax % | 25.00 | 26.00 | 28.00 | 27.00 | 27.00 | 27.00 | 32.00 | 28.00 | 24.00 | 41.00 | 39.00 | 25.00 |
| Net Profit | 238.00 | 163.00 | 131.00 | 60.00 | 54.00 | 17.00 | 12.00 | 6.00 | 12.00 | 6.00 | 4.00 | 5.00 |
| EPS in Rs | 9.77 | 8.15 | 6.56 | 3.02 | 2.69 | 1.17 | 1.24 | 0.59 | 1.22 | 1.26 | 0.86 | 1.02 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 23.00 | 20.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 223.00 | 200.00 | 199.00 | 100.00 | 50.00 | 29.00 | 20.00 | 20.00 | 20.00 | 10.00 | 10.00 | 10.00 |
| Reserves | 1,449.00 | 828.00 | 432.00 | 378.00 | 360.00 | 234.00 | 193.00 | 154.00 | 146.00 | 70.00 | 53.00 | 50.00 |
| Borrowings | 908.00 | 679.00 | 455.00 | 206.00 | 219.00 | 151.00 | 143.00 | 166.00 | 177.00 | 147.00 | 119.00 | 121.00 |
| Other Liabilities | 987.00 | 909.00 | 718.00 | 424.00 | 347.00 | 240.00 | 146.00 | 133.00 | 84.00 | 60.00 | 49.00 | 46.00 |
| Total Liabilities | 3,566.00 | 2,615.00 | 1,805.00 | 1,107.00 | 976.00 | 655.00 | 502.00 | 473.00 | 428.00 | 287.00 | 232.00 | 227.00 |
| Fixed Assets | 393.00 | 260.00 | 134.00 | 126.00 | 88.00 | 86.00 | 88.00 | 98.00 | 78.00 | 37.00 | 34.00 | 32.00 |
| CWIP | 10.00 | 5.00 | 7.00 | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.00 | 1.00 | 0.00 | 0.00 |
| Investments | 178.00 | 59.00 | 23.00 | 11.00 | 11.00 | 7.00 | 20.00 | 22.00 | 47.00 | 26.00 | 22.00 | 22.00 |
| Other Assets | 2,985.00 | 2,292.00 | 1,641.00 | 965.00 | 877.00 | 562.00 | 395.00 | 352.00 | 299.00 | 222.00 | 175.00 | 173.00 |
| Total Assets | 3,566.00 | 2,615.00 | 1,805.00 | 1,107.00 | 976.00 | 655.00 | 502.00 | 473.00 | 428.00 | 287.00 | 232.00 | 227.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -267.00 | -294.00 | -153.00 | 138.00 | -52.00 | -45.00 | 26.00 | -36.00 | 4.00 | -20.00 | 28.00 | -22.00 |
| Cash from Investing Activity | -277.00 | -161.00 | -13.00 | -48.00 | -99.00 | 15.00 | 13.00 | 54.00 | -22.00 | -11.00 | 5.00 | 13.00 |
| Cash from Financing Activity | 600.00 | 449.00 | 224.00 | -29.00 | 146.00 | 23.00 | -15.00 | -28.00 | 39.00 | 21.00 | -22.00 | 6.00 |
| Net Cash Flow | 56.00 | -6.00 | 58.00 | 62.00 | -5.00 | -7.00 | 24.00 | -11.00 | 21.00 | -9.00 | 11.00 | -3.00 |
| Free Cash Flow | -343.00 | -451.00 | -186.00 | 91.00 | -57.00 | -46.00 | 34.00 | -69.00 | -1.00 | -25.00 | 23.00 | -23.00 |
| CFO/OP % | -46.00 | -80.00 | -46.00 | 153.00 | -31.00 | -98.00 | 78.00 | -93.00 | 21.00 | -55.00 | 108.00 | -77.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 142.00 | 109.00 | 91.00 | 107.00 | 104.00 | 158.00 | 251.00 | 201.00 | 281.00 | 313.00 | 169.00 | 572.00 |
| Inventory Days | — | — | — | — | — | — | — | — | 284.00 | 206.00 | 32.00 | 584.00 |
| Days Payable | — | — | — | — | — | — | — | — | 160.00 | 136.00 | 164.00 | 1,984.00 |
| Cash Conversion Cycle | 142.00 | 109.00 | 91.00 | 107.00 | 104.00 | 158.00 | 251.00 | 201.00 | 405.00 | 383.00 | 38.00 | -828.00 |
| Working Capital Days | 277.00 | 220.00 | 169.00 | 209.00 | 484.00 | 570.00 | 170.00 | 100.00 | -56.00 | -52.00 | -50.00 | -125.00 |
| ROCE % | 18.00 | 20.00 | 25.00 | 16.00 | 17.00 | 10.00 | 10.00 | 10.00 | 13.00 | 14.00 | 14.00 | 14.00 |
Corporate Actions
14 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 13 Sep 2024 | — | — | — | Annual General Meeting |
| Bonus | 20 Feb 2024 | 20 Feb 2024 | 1:1 | — | |
| Other | 18 Aug 2023 | — | — | — | Annual General Meeting |
| Bonus | 22 Sep 2022 | 23 Sep 2022 | 1:1 | — | |
| Other | 07 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 19 Jan 2022 | 20 Jan 2022 | — | — | Right Issue of Equity Shares |
| Dividend | 09 Sep 2016 | — | — | 1.00 | |
| Dividend | 16 Sep 2015 | — | — | 1.00 | |
| Dividend | 19 Sep 2014 | — | — | 1.00 | |
| Dividend | 10 Sep 2013 | — | — | 1.00 | |
| Dividend | 21 Sep 2012 | — | — | 1.00 | |
| Dividend | 22 Sep 2011 | — | — | 1.00 | |
| Dividend | 26 Jul 2010 | — | — | 0.50 | |
| Dividend | 23 Sep 2009 | — | — | 0.10 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update22 Dec 2021 from brickwork
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Rating update31 Dec 2020 from crisil
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Rating update23 Dec 2020 from brickwork
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Rating update5 Dec 2019 from crisil
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Rating update6 Feb 2017 from icra