Choice International Limited
NSE: CHOICEINHolding Company
Share price
₹710.65
-1.80% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
63
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹15,847 Cr
P/E ratio
69.8
P/B ratio
9.5
ROCE
17.9%
ROE
16.1%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Our sales figures for this company step up at Sep 2009 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.
Whether it grew faster than its sector
Our sales figures for this company step up at Sep 2009 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.
Room to re-rate, or risk of de-rating
At 69.8× earnings it costs 2.9× the market, which pays 23.9× across 2199 companies we can price. Its own industry sits at 13.3×, across 5 companies. It is against its own five-year median of 67.9×, the 54th percentile of its own range.
Whether growth justifies the valuation
Priced at 1.3 times its growth rate, on earnings growth of 53%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Choice International Limited — this one | 53%/yr | 69.8× | ₹1.3 |
| Bajaj Finserv | 16%/yr | 26.6× | ₹1.7 |
| Bajaj Holdings & Investment Limited | 19%/yr | 13.3× | ₹0.70 |
| Edelweiss Financial Services Limited | 23%/yr | 19.3× | ₹0.84 |
| JM Financial Limited | 27%/yr | 11.0× | ₹0.41 |
| Kama Holdings Limited | -8%/yr | 6.3× | — |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Holding Company), it ranks 1 of 13 on returns, 3 of 13 on growth, 6 of 13 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A narrow advantage: it earns 17.9% on capital, ahead of 92% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the last five years the business itself consumed ₹628 crore of cash before any plant spend, funded from lenders and shareholders. And the profit is not backed by cash: it reported a profit over 12 years and consumed cash from the business. Its cash comes back faster than it used to: it went from being waiting 484 days for its cash to waiting 387 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
Not enough filed accounts to run these checks yet.
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Revenue rose 31.8% year on year and net profit rose 26.3%.
Announced 10 Aug 2026 · Consolidated · Unaudited
Revenue
₹310 Cr
Revenue vs last year
+31.8%
Revenue vs last quarter
+0.9%
Net profit
₹61 Cr
Profit vs last year
+26.3%
Profit vs last quarter
-10.9%
Net margin
19.6%
EPS
₹2.72
Earnings call transcript · 11 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹15,847 Cr
- Prev close
- ₹710.65
- 52w High
- ₹861
- 52w Low
- ₹569
- Enterprise value
- ₹16,214 Cr
- Beta
- 1.2
- Price CAGR 1y
- -9.0%
- Price CAGR 3y
- 51.0%
- Price CAGR 5y
- 88.0%
- Price CAGR 10y
- 53.0%
Ratios
- Return on assets
- 6.7%
- PEG ratio
- 1.3
- P/E ratio
- 69.8
- P/B ratio
- 9.5
- EV / EBITDA
- 39.9
- Industry P/E
- 12.1
- ROCE
- 17.9%
- ROCE 5y average
- 19.2%
- ROE
- 16.1%
- Debt / Equity
- 0.5
- Interest coverage
- 4.6
- Dividend yield
- 0.0%
- ROE 3y average
- 18.0%
- ROE last year
- 16.0%
Annual P&L
- Annual revenue
- ₹1,137 Cr
- Annual profit
- ₹238 Cr
- Operating margin
- 37.0%
- Net profit margin
- 20.9%
- EBITDA margin
- 36.9%
- Sales growth 3y
- 42.5%
- Sales growth 5y
- 45.2%
- Profit growth 3y
- 53.0%
- Profit growth 5y
- 67.0%
- EPS
- ₹9.8
- Sales growth TTM
- 26.0%
- Profit growth TTM
- 32.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹310 Cr
- Profit latest quarter
- ₹61 Cr
- YoY quarterly sales growth
- 32.0%
- YoY quarterly profit growth
- 27.1%
- OPM latest quarter
- 33.8%
Balance Sheet
- Book Value
- ₹75.0
- Face Value
- ₹10.0
- Total debt
- ₹908 Cr
- Total cash
- ₹519 Cr
- Borrowings
- ₹908 Cr
- Reserves / Equity
- 6.5
Cash Flow
- Operating cash flow
- -₹267 Cr
- Free cash flow
- -₹365 Cr
- FCF yield
- -2.9%
- Net cash flow
- ₹56 Cr
Shareholding
- Promoter holding
- 53.7%
- FII holding
- 10.1%
- DII holding
- 0.3%
- Public holding
- 36.0%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Bajaj Finserv | 1,743.30 | 27.2 | 2,79,287 | 0.09 | 6,296.7 | 12.3 | 42,036.9 | 19.1 | 10.6 |
| Bajaj Holdings | 10,662.00 | 13.4 | 1,18,657 | 1.36 | 2,708.1 | 31.8 | 394.3 | 21.5 | 11.0 |
| Choice Intl. | 723.70 | 70.7 | 16,122 | 0.00 | 60.6 | 22.8 | 309.8 | 32.0 | 17.9 |
| Edelweiss.Fin. | 133.80 | 20.1 | 12,665 | 1.12 | 134.4 | 83.0 | 2,328.5 | 3.7 | 14.1 |
| JM Financial | 124.92 | 11.3 | 11,955 | 2.60 | 368.6 | -35.7 | 1,200.5 | 8.0 | 11.6 |
| Kama Holdings | 2,236.20 | 6.3 | 7,176 | 1.85 | 761.5 | 73.6 | 5,070.9 | 31.5 | 14.0 |
| Rane Holdings | 1,536.60 | 27.8 | 2,194 | 3.06 | 48.3 | -6.6 | 1,586.9 | 18.4 | 9.5 |
| Median | 248.00 | 11.3 | 1,924 | 0.77 | 69.2 | 27.3 | 572.7 | 19.4 | 11.3 |
Competes with: Abans Financial Services Limited, BF Investment Limited, Bajaj Finserv, Bajaj Holdings & Investment Limited, Balmer Lawrie Investments Limited, Edelweiss Financial Services Limited, GFL Limited, JM Financial Limited, Kama Holdings Limited, Max India Limited, Pilani Investment and Industries Corporation Limited, Rane Holdings Limited, Tamboli Industries Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 138 | 191 | 207 | 215 | 201 | 247 | 209 | 253 | 235 | 274 | 303 | 307 | 310 |
| Expenses | 102 | 142 | 141 | 147 | 148 | 172 | 150 | 157 | 151 | 185 | 192 | 191 | 205 |
| Material Cost | 0 | 0 | 0 | 0 | 0 | ||||||||
| Change in Inventories | 0 | 0 | 0 | 0 | 0 | ||||||||
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | 0 | ||||||||
| Employee Cost | 70 | 77 | 88 | 91 | 94 | ||||||||
| Other Expenses | 81 | 108 | 104 | 100 | 111 | ||||||||
| Operating Profit | 36 | 49 | 67 | 67 | 53 | 76 | 60 | 96 | 83 | 89 | 112 | 116 | 105 |
| OPM % | 26 | 25 | 32 | 31 | 26 | 31 | 28 | 38 | 36 | 33 | 37 | 38 | 34 |
| Other Income | 2 | 3 | 3 | 2 | 5 | 2 | 2 | 2 | 3 | 10 | 5 | 7 | 9 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | 0 | ||||||||
| Interest | 7 | 10 | 11 | 12 | 13 | 15 | 16 | 22 | 21 | 21 | 21 | 26 | 28 |
| Depreciation | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 10 | 6 |
| Profit before tax | 29 | 40 | 56 | 55 | 43 | 61 | 43 | 74 | 63 | 74 | 92 | 87 | 80 |
| Tax % | 28 | 25 | 28 | 29 | 26 | 23 | 29 | 28 | 24 | 24 | 29 | 22 | 24 |
| Net Profit | 21 | 30 | 40 | 39 | 32 | 46 | 31 | 54 | 48 | 56 | 66 | 68 | 61 |
| EPS in Rs | 1.08 | 1.48 | 1.98 | 1.93 | 1.48 | 2.31 | 1.47 | 2.59 | 2.19 | 2.69 | 2.56 | 2.71 | 2.48 |
| Diluted EPS in Rs | 2.34 | 2.69 | 3.07 | 3.02 | 2.70 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 62 | 187 | 134 | 152 | 121 | 132 | 176 | 285 | 393 | 751 | 921 | 1,137 | 1,194 |
| Expenses | 36 | 160 | 103 | 113 | 85 | 93 | 134 | 194 | 286 | 531 | 626 | 719 | 773 |
| Material Cost | 0 | ||||||||||||
| Change in Inventories | 0 | ||||||||||||
| Purchases of Stock-in-Trade | 0 | ||||||||||||
| Employee Cost | 326 | ||||||||||||
| Other Expenses | 393 | ||||||||||||
| Operating Profit | 26 | 28 | 30 | 39 | 36 | 39 | 41 | 92 | 107 | 225 | 295 | 419 | 421 |
| OPM % | 42 | 15 | 23 | 26 | 29 | 29 | 23 | 32 | 27 | 30 | 32 | 37 | 35 |
| Other Income | -0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 1 | 7 | 31 |
| Exceptional items (within Other Income) | 0 | ||||||||||||
| Interest | 17 | 19 | 19 | 21 | 20 | 17 | 15 | 15 | 22 | 41 | 66 | 89 | 96 |
| Depreciation | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 5 | 6.60 | 8.50 | 20 | 24 |
| Profit before tax | 6 | 7 | 10 | 16 | 12 | 18 | 23 | 74 | 82 | 181 | 221 | 316 | 333 |
| Tax % | 25 | 39 | 41 | 24 | 28 | 32 | 27 | 27 | 27 | 28 | 26 | 25 | |
| Net Profit | 5 | 4 | 6 | 12 | 6 | 12 | 17 | 54 | 60 | 131 | 163 | 238 | 251 |
| EPS in Rs | 1.02 | 0.86 | 1.26 | 1.22 | 0.59 | 1.24 | 1.17 | 2.69 | 3.02 | 6.56 | 7.84 | 9.77 | 10 |
| Diluted EPS in Rs | 11 | ||||||||||||
| Dividend Payout % | 20 | 23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
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
- 53%
- TTM
- 32%
Stock price CAGR
- 10 years
- 53%
- 5 years
- 88%
- 3 years
- 51%
- 1 year
- -9%
Return on equity
- 10 years
- 16%
- 5 years
- 18%
- 3 years
- 18%
- Last year
- 16%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 20 | 20 | 20 | 29 | 50 | 100 | 199 | 200 | 223 |
| Reserves | 50 | 53 | 70 | 146 | 154 | 193 | 234 | 360 | 378 | 432 | 828 | 1,449 |
| Borrowings | 121 | 119 | 147 | 177 | 166 | 143 | 151 | 219 | 206 | 455 | 679 | 908 |
| Other Liabilities | 46 | 49 | 60 | 84 | 133 | 146 | 240 | 347 | 424 | 718 | 909 | 984 |
| Minority Interest | 152 | |||||||||||
| Total Liabilities | 227 | 232 | 287 | 428 | 473 | 502 | 655 | 976 | 1,107 | 1,805 | 2,615 | 3,563 |
| Fixed Assets | 32 | 34 | 37 | 78 | 98 | 88 | 86 | 88 | 126 | 134 | 260 | 373 |
| CWIP | 0 | 0 | 1 | 4 | 0 | 0 | 0 | 0 | 5 | 7 | 5 | 30 |
| Investments | 22 | 22 | 26 | 47 | 22 | 20 | 7 | 11 | 11 | 23 | 59 | 178 |
| Other Assets | 173 | 175 | 222 | 299 | 352 | 395 | 562 | 877 | 965 | 1,641 | 2,292 | 2,982 |
| Total Assets | 227 | 232 | 287 | 428 | 473 | 502 | 655 | 976 | 1,107 | 1,806 | 2,619 | 3,563 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -22 | 28 | -20 | 4 | -36 | 26 | -45 | -52 | 138 | -153 | -294 | -267 |
| Cash from Investing Activity | 13 | 5 | -11 | -22 | 54 | 13 | 15 | -99 | -48 | -13 | -161 | -277 |
| Cash from Financing Activity | 6 | -22 | 21 | 39 | -28 | -15 | 23 | 146 | -29 | 224 | 449 | 600 |
| Net Cash Flow | -3 | 11 | -9 | 21 | -11 | 24 | -7 | -5 | 62 | 58 | -6 | 56 |
| Free Cash Flow | -23 | 23 | -25 | -1 | -69 | 34 | -46 | -57 | 91 | -186 | -364 | -364 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 572 | 169 | 313 | 281 | 201 | 251 | 158 | 104 | 107 | 91 | 109 | 140 |
| Inventory Days | 584 | 32 | 206 | 284 | ||||||||
| Days Payable | 1,984 | 164 | 136 | 160 | ||||||||
| Cash Conversion Cycle | -828 | 38 | 383 | 405 | 201 | 251 | 158 | 104 | 107 | 91 | 109 | 140 |
| Working Capital Days | -125 | -50 | -52 | -56 | 100 | 170 | 570 | 484 | 209 | 169 | 222 | 387 |
| ROCE % | 14 | 14 | 14 | 13 | 10 | 10 | 10 | 17 | 16 | 25 | 20 | 18 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
capital adequacy (CRAR) %
43.36
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
gross NPA %
3.78pct
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net NPA %
2.74pct
2026-06-30
net interest margin %
11.10pct
2026-06-30
order book, Rs crore
777inr_cr
2026-06-30
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
provision coverage %
27.67
FY revenue / permanent employees + workers, same basis (calc)
23,70,726inr
2026-03-31
return on assets %
7.35
volume growth %
73.00pct
2026-06-30
News
News and filings about Choice International Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
- Abans Financial Services Limited
- BF Investment Limited
- Bajaj Finserv
- Bajaj Holdings & Investment Limited
- Balmer Lawrie Investments Limited
- Edelweiss Financial Services Limited
- GFL Limited
- JM Financial Limited
- Kama Holdings Limited
- Max India Limited
- Pilani Investment and Industries Corporation Limited
- Rane Holdings Limited
- Tamboli Industries Limited
manages assets for
- wealth management, PMS and mutual fund clients
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Financial Services
- Industry
- Holding Company
- Classification
- Financial Services › Holding Company
- ISIN
- INE102B01014
Business segments
- Broking & Distribution Services · 54%
- Advisory Services · 28%
- NBFC Services · 14%
- Unallocable · 4%
News impact
Big market events that reach Choice International Limited, and how the effect spreads.
25 Sept, 19:59 IST · Market event · high impact
Carlyle completes strategic majority stake acquisition in Nido Home Finance
Carlyle bought a majority of Nido Home Finance and gave Edelweiss about Rs 600 crore for its stake, helping Edelweiss while rivals see little direct effect.
Who it hits first
- Carlyle has completed buying a majority of Nido Home Finance, a home-loan company.
- Edelweiss Financial Services sold 45% of Nido for about Rs 600 crore and keeps a smaller stake.
- Carlyle also put Rs 1,450 crore of new money into Nido, lifting its net worth toward Rs 2,300 crore.
Who may gain
- Edelweiss Financial Services, which receives about Rs 600 crore in cash for its Nido stake
- Nido Home Finance, which gains Rs 1,450 crore of new capital and a strong majority owner
Along the supply chain
Downstream
No direct customer chain moves now; Nido may lend more for homes over time, but no borrower or partner gains an immediate order.
Upstream
No direct supplier link — a stake sale and capital infusion, not an order for goods or software; technology vendor Intentech sees no new demand from this deal.
Where demand moves
Business
No new loans or orders change hands at once; Nido can lend more for homes from the Rs 1,450 crore capital, but borrower demand builds only over months.
Capital
About Rs 600 crore flows to Edelweiss from selling 45% of Nido, and Rs 1,450 crore of new shares flow into Nido, lifting Edelweiss cash and Nido net worth.
How it spreads across sectors
Financial Services
Mild positive sentiment as a global buyer pays a firm price for a housing-finance asset, with a cash benefit only to Edelweiss.
When it plays out
Immediate
Edelweiss shares react to the Rs 600 crore cash inflow and value unlock within 1–7 days.
Medium term
Nido deploys the Rs 1,450 crore into home loans and net worth builds toward Rs 2,300 crore over 1–6 months.
Short term
Market checks how Edelweiss uses the sale proceeds and what Nido guides on growth over 1–4 weeks.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 20 Feb 2024 | bonus | ₹0 |
|---|---|---|
| 22 Sep 2022 | bonus | ₹0 |
Splits, bonuses & buybacks
- daily-prices repair: 8 rows from NSE's archive (replace 2, delete 1, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 4 Sep 2026 | Arun Kumar Poddar · Promoter | UNKNOWN | 6,00,000 | 46.11 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call · Q1FY2711 Aug 2026
- Results presentation30 Jun 2026
- Earnings call24 Apr 2026
- Earnings call4 Feb 2026
- Annual report · 2024-2526 Aug 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.