Choice International Ltd
NSE: CHOICEIN · Holding Company · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 16 companies in Holding Company (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹644 cr vs borrowings ₹884 cr (FY26): borrowings are higher by ₹240 cr.
- Borrowings rose in each of the last 3 years (₹206 cr → ₹884 cr).
- 11.39% of the promoters' shares are pledged (6.1% of all shares).
- Promoter holding fell by 2.95 percentage points in a year, to 53.65% (2026-09-30).
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 13% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹698.05 on 2026-10-26: -18.9% from the 52-week high, +22.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 247 | 209 | 253 | 234 | 274 | 303 | 307 | 310 |
| EBITDA | 76 | 60 | 96 | 83 | 89 | 112 | 116 | 105 |
| OPM % | 30.7% | 28.4% | 38.0% | 35.4% | 32.5% | 36.8% | 37.7% | 33.8% |
| Other income | 2 | 2 | 2 | 4 | 10 | 5 | 7 | 9 |
| Net profit | 46 | 31 | 49 | 45 | 56 | 66 | 60 | 61 |
| EPS (₹) | 2.33 | 1.54 | 2.68 | 2.38 | 2.75 | 3.09 | 3.05 | 2.72 |
| Revenue YoY | +10.9% | +44.9% | +21.2% | +32.5% | ||||
| Profit YoY | +21.6% | +113.5% | +23.3% | +34.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 272 | 385 | 751 | 910 | 1,119 | 1,194 |
| EBITDA | 78 | 99 | 219 | 285 | 400 | 421 |
| Net profit | 54 | 60 | 131 | 157 | 218 | 243 |
| EPS (₹) | 6.92 | 3.02 | 6.57 | 8.16 | 11.30 | 11.61 |
| Revenue growth | +41.7% | +94.9% | +21.3% | +22.9% | +26.6% | |
| Profit growth | +12.1% | +117.8% | +20.2% | +38.4% | +42.0% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +42.7% | – | +26.6% |
| Net profit | +53.6% | – | +42.0% |
| EPS | +55.2% | – | – |
| Share price | – | +21.0% (2y) | -13.0% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 477 | 631 | 1,027 | 1,672 |
| Borrowings | – | 206 | 455 | 461 | 884 |
| Cash & equivalents | – | 253 | 388 | 518 | 644 |
| Total assets | – | 1,108 | 1,806 | 2,619 | 3,566 |
| Fixed assets | – | 96 | 104 | 126 | 127 |
| Capital work in progress | – | 0 | 0 | 1 | 10 |
| Investments | – | 11 | 22 | 31 | 53 |
| Receivables | – | 116 | 187 | 275 | 437 |
| Inventory | – | 8 | 0 | 19 | 0 |
| Payables | – | 29 | 27 | 27 | 50 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -34 | 263 | -148 | -294 | -267 |
| Cash from investing | -113 | -180 | -18 | -161 | -277 |
| Cash from financing | 139 | -21 | 224 | 449 | 600 |
| Capex | 4 | 47 | 16 | 69 | 73 |
| Free cash flow | -38 | 216 | -164 | -364 | -340 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 12.6% | 20.7% | 15.3% | 13.0% |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 53.65% |
| FIIs | 9.97% |
| DIIs | 0.29% |
| of which Mutual funds | 0.26% |
| of which Insurance | 0.03% |
| Public (non-institutions) | 36.09% |
| Quarter | Sep 2025 | Nov 2025 | Nov 2025 | Dec 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 56.60% | 55.70% | 55.03% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% |
| Promoter group | % |
|---|---|
| Vinita Sunil Patodia | 11.13% |
| Arunkumar Poddar | 7.27% |
| Kamal Poddar | 7.18% |
| Suyash Sunil Patodia | 4.13% |
| Patodia Properties Private Limited | 3.80% |
| Hemlata Kamal Poddar | 3.59% |
| Sonu Poddar | 3.59% |
| Archana Anil Patodia | 2.83% |
| Shreeyam Trade Dynamics Private Limited | 2.49% |
| Anil Chothmal Patodia | 1.98% |
| Soansrishti Properties Private Limited | 1.40% |
| Shree Shakambhari Exims Private Limited | 1.08% |
| Aastha Anil Patodia | 0.54% |
| Aayush Anil Patodia | 0.54% |
| Anil Chothmal Patodia HUF | 0.54% |
| Public holders above 1% | % |
|---|---|
| Plutus Wealth Management LLP | 8.53% |
| Madhusudan Murlidhar Kela | 7.21% |
| Genesis Grand General Trading L.L.C | 5.72% |
| BNP Paribas Financial Markets - ODI | 1.31% |
| Thakkar Nileshkumar Farshuram (HUF) | 1.18% |
24,948 shareholders. Pledged: 11.39% of promoter shares.
Peers in Holding Company
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| BAJAJFINSV | ₹2,67,153 cr | 120.3x | 26.2x | 23.9% | – | – | +23.3% | 0.06% |
| BAJAJHLDNG | ₹1,22,943 cr | 40.8x | 4.5x | 12.9% | – | – | +18.6% | 0.84% |
| CHOICEIN | ₹15,551 cr | 60.1x | 9.3x | 18.0% | – | 35.3% | +42.7% | – |
| EDELWEISS | ₹11,633 cr | 25.6x | 1.9x | 7.8% | – | – | -39.0% | 1.22% |
| JMFINANCIL | ₹10,261 cr | 18.2x | 2.1x | 12.2% | – | – | +35.5% | 3.91% |
| KAMAHOLD | ₹6,988 cr | 52.4x | 8.2x | 15.4% | – | – | +54.5% | 1.90% |
| RANEHOLDIN | ₹2,064 cr | 24.4x | 1.8x | 7.5% | 13.0% | 7.3% | +18.8% | 3.02% |
| BFINVEST | ₹1,428 cr | 9.7x | 0.4x | 4.4% | – | – | +29.6% | – |
| BLIL | ₹1,388 cr | 9.8x | 7.2x | 73.6% | – | – | – | 10.12% |
| AFSL | ₹1,025 cr | 7.6x | 0.8x | 11.0% | 10.4% | 0.8% | +174.8% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Broking & Distribution Services | ₹640 cr | 54.0% | ₹178 cr | 27.8% |
| Advisory Services | ₹330 cr | 27.9% | ₹120 cr | 36.4% |
| NBFC Services | ₹164 cr | 13.9% | ₹17 cr | 10.4% |
| Unallocable | ₹50 cr | 4.2% | ₹0 cr | 0.0% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-13 | Other | Annual General Meeting |
| 2024-02-20 | Bonus | Bonus 1:1 |
| 2023-08-18 | Other | Annual General Meeting |
| 2022-09-22 | Bonus | Bonus 1:1 |
| 2022-09-07 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Broking & Distribution: Our broking division provides a range of services such as Stock broking, Mutual fund and bond distribution, Insurance broking.
- Advisory Services: Advisory division includes Infrastructure advisory, Government advisory, Investment banking, and Management consulting.
- NBFC: NBFC division serves the MSME sector, focusing on serving the underserved sector.
- Others: Other unallocated activities
| Sector | Financial Services |
| Industry | Holding Company |
| Sub-industry | Holding Company |
| Symbol | CHOICEIN |
| BSE code | 531358 |
| ISIN | INE102B01014 |
| Face value | ₹10.0 |
| Incorporated | 1993-03-12 |
| Website | www.choiceindia.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.