Choice International Ltd
Incorporated in 1993, Choice International Ltd provides services like Broking & Distribution, Investment Banking, Financial services, etc.[1]
- Market Cap ₹ 13,981 Cr.
- Current Price ₹ 700
- High / Low ₹ 708 / 322
- Stock P/E 89.3
- Book Value ₹ 51.5
- Dividend Yield 0.00 %
- ROCE 21.6 %
- ROE 18.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 65.9% CAGR over last 5 years
- Company's median sales growth is 20.4% of last 10 years
Cons
- Stock is trading at 13.6 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Sector: Finance Industry: Finance & Investments
Part of BSE SmallCap BSE Allcap BSE Financial Services Nifty Microcap 250 Nifty Total Market
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 62 | 62 | 187 | 134 | 152 | 121 | 132 | 176 | 285 | 393 | 756 | 910 | |
| 46 | 36 | 160 | 103 | 113 | 85 | 93 | 134 | 194 | 286 | 531 | 626 | |
| Operating Profit | 16 | 26 | 28 | 30 | 39 | 36 | 39 | 41 | 92 | 107 | 225 | 285 |
| OPM % | 25% | 42% | 15% | 23% | 26% | 29% | 29% | 23% | 32% | 27% | 30% | 31% |
| 0 | -0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 11 | |
| Interest | 9 | 17 | 19 | 19 | 21 | 20 | 17 | 15 | 15 | 22 | 41 | 66 |
| Depreciation | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 5 | 7 | 8 |
| Profit before tax | 6 | 6 | 7 | 10 | 16 | 12 | 18 | 23 | 74 | 82 | 181 | 221 |
| Tax % | 38% | 25% | 39% | 41% | 24% | 28% | 32% | 27% | 27% | 27% | 28% | 26% |
| 3 | 5 | 4 | 6 | 12 | 6 | 12 | 17 | 54 | 60 | 131 | 163 | |
| EPS in Rs | 0.70 | 1.02 | 0.86 | 1.26 | 1.22 | 0.59 | 1.24 | 1.17 | 2.69 | 3.02 | 6.56 | 7.84 |
| Dividend Payout % | 29% | 20% | 23% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 47% |
| 3 Years: | 47% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 41% |
| 5 Years: | 66% |
| 3 Years: | 43% |
| TTM: | 20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 61% |
| 5 Years: | 104% |
| 3 Years: | 105% |
| 1 Year: | 106% |
| Return on Equity | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 17% |
| 3 Years: | 19% |
| Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 20 | 20 | 20 | 29 | 50 | 100 | 199 | 200 |
| Reserves | 46 | 50 | 53 | 70 | 146 | 154 | 193 | 234 | 360 | 378 | 432 | 828 |
| 96 | 121 | 119 | 147 | 177 | 166 | 143 | 151 | 220 | 206 | 455 | 463 | |
| 38 | 46 | 49 | 60 | 84 | 133 | 146 | 240 | 346 | 424 | 718 | 1,129 | |
| Total Liabilities | 189 | 227 | 232 | 287 | 428 | 473 | 502 | 655 | 976 | 1,107 | 1,805 | 2,619 |
| 32 | 32 | 34 | 37 | 78 | 98 | 88 | 86 | 88 | 126 | 134 | 264 | |
| CWIP | 0 | 0 | 0 | 1 | 4 | 0 | 0 | 0 | 0 | 5 | 7 | 1 |
| Investments | 26 | 22 | 22 | 26 | 47 | 22 | 20 | 7 | 11 | 11 | 23 | 59 |
| 131 | 173 | 175 | 222 | 299 | 352 | 395 | 562 | 877 | 965 | 1,641 | 2,295 | |
| Total Assets | 189 | 227 | 232 | 287 | 428 | 473 | 502 | 655 | 976 | 1,107 | 1,805 | 2,619 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -14 | -22 | 28 | -20 | 4 | -36 | 26 | -45 | -34 | 138 | -148 | -294 | |
| -40 | 13 | 5 | -11 | -22 | 54 | 13 | 15 | -123 | -48 | -18 | -161 | |
| 57 | 6 | -22 | 21 | 39 | -28 | -15 | 23 | 152 | -29 | 224 | 449 | |
| Net Cash Flow | 3 | -3 | 11 | -9 | 21 | -11 | 24 | -7 | -5 | 62 | 58 | -6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 308 | 572 | 169 | 313 | 281 | 201 | 251 | 158 | 104 | 107 | 91 | 110 |
| Inventory Days | 145 | 584 | 32 | 206 | 284 | |||||||
| Days Payable | 952 | 1,984 | 164 | 136 | 160 | |||||||
| Cash Conversion Cycle | -499 | -828 | 38 | 383 | 405 | 201 | 251 | 158 | 104 | 107 | 91 | 110 |
| Working Capital Days | 242 | 490 | 148 | 323 | 350 | 586 | 553 | 570 | 479 | 209 | 169 | 147 |
| ROCE % | 12% | 14% | 14% | 14% | 13% | 10% | 10% | 10% | 17% | 16% | 25% | 22% |
Documents
Announcements
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Incorporation Of Step Down Subsidiary In The Name "Choice Green Energy MH-2 Private Limited".
17 May - Incorporation of 100% owned step-down subsidiary for solar energy projects on May 15, 2025.
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Incorporation Of Step Down Subsidiary In The Name Of "Choice Green Energy MH-1 Private Limited.
15 May - Incorporation of step-down subsidiary Choice Green Energy MH-1 Pvt Ltd for solar energy projects.
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Press Release On Major Public Sector Mandate Awarded To Our Wholly Owned Subsidiary M/S. Choice Consultancy Services Private Limited For Various Digitization Projects Across India Worth Nearly Rs. 67 Crores.
29 Apr - Subsidiary awarded ₹67 crore public sector digitization projects across India.
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Intimation Of Grant Of ESOP
28 Apr - Granted 10,000 ESOPs at Rs.10 each to one employee under ESOP 2022 plan.
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Earnings Call Transcript For Q4 And FY 25 Results.
28 Apr - Earnings call transcript for Q4 and FY25 results published on April 23, 2025.
Annual reports
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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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Financial Year 2010
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Concalls
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Apr 2025Transcript PPT REC
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Jan 2025TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
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Jul 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Jan 2024TranscriptNotesPPT
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Oct 2023TranscriptNotesPPT
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Jul 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Jan 2023TranscriptNotesPPT
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Oct 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jun 2021TranscriptNotesPPT
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.