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Choice International Limited

Choice International Limited

CHOICEIN.BO
Choice International LimitedIN flagBombay Stock Exchange
829.90
INR
+60.80
- -
184.88BMarket Cap
Choice International Limited
CHOICEIN.BO
(Bombay Stock Exchange)

Recent

price

829.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
14.85
13.23
9.59
12.02
11.34
38.01
26.79
16.1
11.08
12.61
16.13
15.55
19.56
37.68
47.46
- -
41.4
Revenue per Share
0.97
1.02
0.9
0.73
1.07
0.9
1.32
1.39
0.62
1.3
1.63
3.02
3.02
6.57
8.16
- -
8.53
Basic EPS, GAAP
-8.5
3.46
-1.29
-3.93
-4.93
4.71
-5.36
-0.16
-7.97
2.49
-4.49
-2.13
4.59
-8.48
-23.52
- -
- -
Free Cash Flow per Basic Share
0.12
0.24
0.21
0.24
0.24
0.24
0.25
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
2.41
3.64
4.39
4.14
5.04
5.62
6.83
6.8
6.82
8.16
9.91
9.78
14.12
25.6
37.63
- -
10.93
Book Value per Share
9.48
9.74
12.83
11.45
12.39
13.28
16.19
19.6
16.68
20.82
24.35
22.31
23.38
31.25
52.27
- -
82.66
Tangible Book Value per Share
31
36
41
48
48
48
48
88
96
96
103
177
199
199
192
- -
204
Basic Weighted Avg Shares
463
474
389
574
542
1,817
1,280
1,414
1,059
1,205
1,655
2,758
3,893
7,505
9,104
11,191
8,440
Sales/Revenue/Turnover
10.22
15.61
20.07
19.59
34.18
12.43
20.6
19.87
28.12
23.98
32.7
28.55
26.84
28.54
30.33
33.96
34.84
Operating Margin (%)
8
11
12
13
23
21
22
28
32
35
31
34
48
66
85
199
160
Depreciation Expense
30
37
37
35
51
43
63
122
59
124
167
536
601
1,309
1,565
2,177
1,739
Net Income, GAAP
35.06
27.6
34.75
37.91
25.12
39.06
41.43
23.63
28.15
31.71
26.76
27.2
26.7
27.62
26.47
24.81
25.02
Effective Tax Rate (%)
6.54
7.72
9.41
6.07
9.41
2.37
4.91
8.66
5.56
10.31
10.1
19.42
15.43
17.44
17.19
19.45
20.6
Profit Margin (%)
- -
26
181
74
182
196
221
416
576
1,125
1,973
3,311
3,613
5,064
6,870
13,677
13,677
Working Capital
158
134
104
112
128
137
90
49
44
38
262
367
894
2,410
2,939
4,251
4,251
LT Debt
348
368
535
558
604
635
798
1,778
1,735
2,132
2,630
4,108
4,821
6,402
11,057
18,238
18,238
Total Equity
9.13
10.07
7.39
5.98
8.33
7.64
7.62
7.38
6.17
5.69
10.25
10.92
11.61
17.22
13.99
12.61
9.75
Return on Invested Capital (%)
18.45
18.87
13.48
9.77
12.56
10.93
10.09
11.8
7.81
10.38
11.42
19.75
16.93
21.21
16.1
19.15
15.76
Return on Capital (%)
43.22
35.62
23.71
18.54
23.23
16.87
21.15
26.51
9.43
17.35
18.6
38.95
26.44
33.09
25.42
46.08
36.82
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
4,825
LT Borrowings
- -
- -
4,026
LT Finance Leases
- -
- -
225
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
206
- -
223
Market Capitalization
151,894
169,341
124,607

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
- -
- -
26,532
Cash, Cash Equivalents & STI
- -
- -
12,050
Accounts Receivable, Net
- -
- -
4,367
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
12,854
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
4,825
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
43.63%
48.8%
64.94%
Free Cash Flow
412.72%
-99.05%
-18.17%
Net Income, GAAP
64.38%
81.85%
39.06%
Sales/Revenue/Turnover
25.18%
48.97%
22.93%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,375
1,910
2,073
2,145
7,505
2025
2,006
2,474
2,093
2,530
9,104
2026
2,339
- -
3,034
3,067
11,191

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.07
1.5
2.02
- -
6.57
2025
1.61
2.33
1.54
2.68
8.16
2026
2.38
- -
3.09
3.05
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Choice International Limited (CHOICEIN.BO), founded in 1993 and headquartered in Mumbai, India, provides a comprehensive range of integrated financial services across broking and distribution, advisory services, NBFC lending, and other segments to retail, institutional, HNI, corporate, and government clients primarily in India. The company offers equity broking including stocks, derivatives, commodities, IPOs, bonds, mutual funds, PMS, AIFs, and corporate FDs via its Choice FinX trading app and subsidiaries like Choice Equity Broking Private Limited; wealth management encompassing asset allocation, risk management, investment products, estate planning, portfolio management, and insurance distribution through partnerships covering health, life, commercial, and vehicle insurance via Choice Insurance Broking India Private Limited; NBFC lending services such as solar finance, business loans, vehicle loans, and loans against securities; capital advisory including investment banking, corporate finance, merchant banking, and IPO readiness; management consultancy featuring business and transaction advisory, direct/indirect/international taxation, governance/risk/compliance, and corporate services; as well as government advisory involving research/surveys, bid process management, policy formation, and monitoring/evaluation for infrastructure projects. Choice International operates through over 192 branches nationwide with more than 13 lakh active customers, 53,000 business associates, and approximately INR 411 billion in assets under management. Recent strategic expansions in wealth management include the October 2025 acquisitions of Fintoo Group's distribution business adding INR 300 crore AUM in wealth/insurance/AIFs/PMS and Pune-based Glory Prime Wealth Private Limited contributing INR 210 crore AUM, alongside alliances with four mutual fund distributors in Himachal Pradesh adding INR 125 crore AUM for a total of INR 635 crore; these follow the February 2025 acquisition of Arete Capital Services which boosted wealth AUM by INR 5,151 crore to over INR 6,800 crore. In H1 FY26 ending September 2025, the company reports 15% revenue growth with robust margins and enters asset management through its Choice AMC arm, supported by digital platforms like Jiffy, Investica, and Choice Connect.