Minerva Capital Research Solutions

Choice International

NSE: CHOICEINBSE: 531358
Compare with peers
₹ 730.20▲ 9.05 (+1.25%)28 Oct, 03:29 pm IST
Market cap
₹ 15,216 Cr.
P/E
71.7x
P/B
9.52x
52-week range
568.7 – 860.5
ROE
16%
ROCE
18%
Dividend yield
0%
Debt / equity
0.54
Sector
Finance
Industry
Holding Company
Listed on
NSE, BSE

About

Choice International Limited is an India-based integrated and diversified financial services company. The Company's segments include Broking & Distribution services, NBFC services, and Advisory Services. The Broking & Distribution services segment includes stock broking, wealth and insurance. Its wealth products include mutual funds, fixed income, and structured products. Its wealth services include corporate treasury, private client group desk for High-net-worth Individual (HNI) clients, financial awareness sessions for affinity groups, and training for business partners. It offers vehicle insurance, Commercial Insurance, Health Insurance, and Life insurance. The NBFC services segment's products include Micro, Small, and Medium Enterprises (MSME) loans, solar finance, supply chain finance, vehicle finance and personal loans. The Advisory Services segment includes government infrastructure consulting, government advisory and investment banking.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Holding Company: 15 companies →

Choice International against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)71.7 against a typical 9.6: pricier than most peers (1st = cheapest).15th of 15
  • Sales growth+31.9% against a typical +20.2% from a year earlier.4th of 14
  • Profit growth+27.1% against a typical +28.6% from a year earlier.7th of 12
  • Share price, 3 months−8.7% against a typical −8.7%.8th of 15
  • Size₹ 15,215.6 Cr. market value against a typical ₹ 1,425.4 Cr. (1st = largest).2nd of 14

Latest announcements

Exchange filings and their impact on the company.

  • 27 Oct 2026General UpdatesHigh impactPositivePrice +1.3% on 28 Oct
    Broking subsidiary raises Rs 900 cr from Korea's NH Investment & Securities via CCPS for growth.

    Choice International's material subsidiary Choice Equity Broking has allotted 42,25,350 compulsorily convertible preference shares at Rs 2,130 each to South Korea's NH Investment & Securities, raising about Rs 900 crore. The shares will convert into equity of the broking arm as per the July 2026 agreements, with no change in control. The company said the strategic investment reflects confidence in the broking business and its future prospects.

    Filing

Board meetings

Results dates and other board meetings. Full calendar

Details
2 Nov 2026UpcomingBonusTo consider the proposal for Bonus issue to the equity shareholders of the Company subject to the requisite approvals.
10 Aug 2026Financial Results/Other business mattersIntimation of Board Meeting to consider and approve the Un-audited Financials Results (Standalone And Consolidated) for the Quarter Ended June 30, 2026.
23 Apr 2026Financial Results/Other business mattersIntimation of Board Meeting to consider and approve the Audited Financial Results (Standalone & Consolidated) for the Quarter and Financial Year ended March 31, 2026
3 Feb 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025 and other business matters
16 Oct 2025Financial Results/Other business mattersTo consider and approve the Unaudited financial results for the period ended September 30, 2025 and other business matters
21 Jul 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025
22 Apr 2025Financial ResultsTo consider and approve the financial results for the period ended March 31, 2025

Share price

1Y change −9.26%
0 of 1 filing day came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales191207215201247209253235274303307310
Expenses142141147148172150157151185192191205
Operating Profit496767537660968389112116105
OPM %25%32%31%26%31%28%38%36%33%37%38%34%
Other Income3325222310579
Interest101112131516222121212628
Depreciation2222223343106
Profit before tax405655436143746374928780
Tax %25%28%29%26%23%29%28%24%24%29%22%24%
Net Profit304039324631544856666861
EPS in Rs1.481.981.931.482.311.472.592.192.692.562.712.48

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
20%
5 Years
45%
3 Years
42%
TTM
26%
Compounded Profit Growth
10 Years
48%
5 Years
67%
3 Years
54%
TTM
32%
Stock Price CAGR
10 Years
53%
5 Years
92%
3 Years
63%
TTM
—
Return on Equity
10 Years
16%
5 Years
18%
3 Years
19%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
53.66%
−2.78 pts in a year
FIIs
10.1%
−3.87 pts in a year
DIIs
0.28%
+0.09 pts in a year
Public
35.97%
+6.58 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 71.7xEPS (12 months) ₹ 10.44Median P/E 20.3x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Choice International₹ 730.20₹ 15,216 Cr.71.7x9.5x16%—
ICICI Prudential Asset Management Company Ltd₹ 2,655.00₹ 1,30,928 Cr.47.7x37.7x—56%
HDFC Asset Management Company₹ 2,250.00₹ 96,542 Cr.39.9x12.3x—69.3%
Nippon Life India Asset Management₹ 922.10₹ 59,010 Cr.50.1x16.3x34.5%56.4%
Multi Commodity Exchange Of India₹ 3,017.00₹ 76,931 Cr.52.6x16.6x37.9%57.8%
Motilal Oswal Financial Services₹ 925.00₹ 55,715 Cr.30.8x4.5x15.6%21.2%

Management

Arun Kumar Poddar
Chief Executive Officer, Managing Director, Executive Director
Manoj Singhania
Chief Financial Officer
Karishma Praful Shah
Compliance Officer, Company Secretary
Suyash Sunil Patodia
Joint Managing Director, Executive Director
Kamal Poddar
Managing Director, Executive Director
Ajay Kejriwal
Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.