Choice International Ltd
Incorporated in 1993, Choice International Ltd provides services like Broking & Distribution, Investment Banking, Financial services, etc.[1]
- Market Cap ₹ 18,272 Cr.
- Current Price ₹ 820
- High / Low ₹ 860 / 438
- Stock P/E
- Book Value ₹ 31.1
- Dividend Yield 0.00 %
- ROCE 3.15 %
- ROE 2.05 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Debtor days have improved from 47.2 to 21.4 days.
Cons
- Stock is trading at 26.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -2.78%
- Company has a low return on equity of 1.18% over last 3 years.
- Working capital days have increased from 877 days to 1,822 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Financial Services Financial Services Finance Holding Company
Part of BSE 500 Nifty 500 BSE SmallCap BSE Allcap BSE Financial Services
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12.81 | 8.66 | 77.86 | 20.96 | 22.82 | 12.85 | 9.00 | 8.66 | 11.28 | 12.98 | 13.04 | 24.96 | |
| 6.61 | 1.61 | 70.09 | 12.35 | 9.15 | 6.35 | 3.77 | 2.75 | 3.91 | 6.03 | 6.92 | 10.89 | |
| Operating Profit | 6.20 | 7.05 | 7.77 | 8.61 | 13.67 | 6.50 | 5.23 | 5.91 | 7.37 | 6.95 | 6.12 | 14.07 |
| OPM % | 48.40% | 81.41% | 9.98% | 41.08% | 59.90% | 50.58% | 58.11% | 68.24% | 65.34% | 53.54% | 46.93% | 56.37% |
| 0.00 | -0.01 | 0.00 | 0.00 | 0.01 | 0.14 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest | 3.28 | 4.32 | 4.64 | 4.22 | 9.89 | 5.65 | 1.55 | 1.92 | 3.14 | 3.70 | 3.87 | 2.16 |
| Depreciation | 0.90 | 1.14 | 1.11 | 0.93 | 0.78 | 0.78 | 0.74 | 0.71 | 0.63 | 0.52 | 0.48 | 0.47 |
| Profit before tax | 2.02 | 1.58 | 2.02 | 3.46 | 3.01 | 0.21 | 2.96 | 3.28 | 3.60 | 2.73 | 1.77 | 11.44 |
| Tax % | 32.18% | 9.49% | 17.82% | 25.43% | 23.26% | -104.76% | 33.45% | 29.57% | 32.50% | 16.12% | 20.90% | 27.01% |
| 1.37 | 1.43 | 1.66 | 2.59 | 2.30 | 0.43 | 1.97 | 2.30 | 2.44 | 2.29 | 1.40 | 8.34 | |
| EPS in Rs | 0.27 | 0.29 | 0.33 | 0.52 | 0.23 | 0.04 | 0.20 | 0.16 | 0.12 | 0.12 | 0.07 | 0.42 |
| Dividend Payout % | 72.99% | 69.93% | 60.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 23% |
| 3 Years: | 30% |
| TTM: | 91% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 33% |
| 3 Years: | 51% |
| TTM: | 496% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 55% |
| 5 Years: | 101% |
| 3 Years: | 83% |
| 1 Year: | 57% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.00 | 10.00 | 10.00 | 10.00 | 20.00 | 20.00 | 20.00 | 28.57 | 49.76 | 99.51 | 199.38 | 199.66 | 205.66 |
| Reserves | 39.48 | 39.84 | 40.50 | 53.09 | 117.10 | 118.70 | 145.93 | 172.43 | 246.93 | 203.96 | 114.01 | 301.34 | 433.13 |
| 26.22 | 32.06 | 29.79 | 48.51 | 109.34 | 0.90 | 23.30 | 33.92 | 27.70 | 39.93 | 35.89 | 13.89 | 23.52 | |
| 4.57 | 4.63 | 4.92 | 4.30 | 8.56 | 2.84 | 3.04 | 3.29 | 3.60 | 4.12 | 4.03 | 5.62 | 6.28 | |
| Total Liabilities | 80.27 | 86.53 | 85.21 | 115.90 | 255.00 | 142.44 | 192.27 | 238.21 | 327.99 | 347.52 | 353.31 | 520.51 | 668.59 |
| 26.01 | 24.77 | 24.01 | 23.63 | 65.27 | 64.50 | 63.78 | 63.07 | 62.78 | 62.33 | 62.00 | 109.52 | 111.08 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.14 | 0.13 | 0.09 | 0.11 | 0.13 | 0.00 | 0.00 | 0.00 | 1.82 | 1.21 |
| Investments | 31.30 | 45.77 | 45.83 | 49.90 | 94.78 | 68.96 | 88.83 | 133.83 | 209.98 | 239.27 | 270.85 | 280.38 | 440.07 |
| 22.96 | 15.99 | 15.37 | 42.23 | 94.82 | 8.89 | 39.55 | 41.18 | 55.23 | 45.92 | 20.46 | 128.79 | 116.23 | |
| Total Assets | 80.27 | 86.53 | 85.21 | 115.90 | 255.00 | 142.44 | 192.27 | 238.21 | 327.99 | 347.52 | 353.31 | 520.51 | 668.59 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.22 | 14.05 | 8.36 | -17.89 | -37.36 | -1.08 | -2.81 | 13.00 | 5.86 | 47.74 | 0.76 | -99.67 | |
| -0.04 | -14.41 | -0.35 | -4.75 | -45.56 | 117.70 | -46.35 | -57.90 | -89.51 | -24.47 | -22.79 | -49.41 | |
| -0.19 | 0.49 | -7.95 | 23.81 | 81.94 | -110.98 | 46.34 | 41.77 | 83.92 | 8.27 | -8.67 | 149.55 | |
| Net Cash Flow | -0.01 | 0.13 | 0.06 | 1.16 | -0.97 | 5.65 | -2.82 | -3.13 | 0.26 | 31.54 | -30.69 | 0.47 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 5.13 | 5.48 | 3.23 | 17.24 | 28.63 | 39.48 | 144.38 | 22.34 | 19.41 | 79.30 | 40.87 | 21.35 |
| Inventory Days | 20.16 | 0.70 | 12.82 | |||||||||
| Days Payable | 6.26 | 4.67 | 40.72 | |||||||||
| Cash Conversion Cycle | 19.03 | 5.48 | -0.74 | -10.66 | 28.63 | 39.48 | 144.38 | 22.34 | 19.41 | 79.30 | 40.87 | 21.35 |
| Working Capital Days | 26.78 | -441.29 | -47.77 | -127.65 | -358.44 | 1.42 | 255.09 | 1,674.11 | 1,725.34 | 332.10 | 478.36 | 1,821.78 |
| ROCE % | 7.21% | 7.50% | 8.21% | 8.00% | 7.21% | 3.04% | 2.74% | 2.45% | 2.41% | 1.93% | 1.63% | 3.15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
8 Jan - Choice Wealth won IPPB digital investment platform mandate on Jan 8, 2026, enabling nationwide mutual fund aggregation and robo-advisory.
- Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011. 2 Jan
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 2 Jan
-
Clarification On News Item
30 Dec - Clarifies media date error; confirms SEBI in-principle (26-Dec-2024) and final (01-Aug-2025) approvals to set up Mutual Fund.
- Closure of Trading Window 29 Dec
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Oct 2025Transcript PPT REC
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Feb 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Aug 2021TranscriptAI SummaryPPT
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Jun 2021TranscriptAI SummaryPPT
Business Overview:[1]
CIL, part of the Choice Group, offers a wide range of financial services through its subsidiaries. Its key offerings include Broking & Distribution, NBFC Services, and Advisory, covering Government Infrastructure Consultancy, Government Advisory, and Investment Banking.