Key Financial Figures - Consolidated (Q1 FY27)

Total Income: ₹3,190.24 million (Q1 FY26: ₹2,379.56 million)

Profit Before Tax: ₹799.24 million (Q1 FY26: ₹628.87 million)

Total Tax Expenses: ₹188.53 million

Profit for the Quarter: ₹678.42 million (Q1 FY26: ₹606.07 million)

Total Comprehensive Income: ₹669.31 million

Paid-up Equity Share Capital: ₹2,227.77 million (Face Value ₹10)

Key Financial Figures - Standalone (Q1 FY27)

Revenue: ₹117.65 million (Q1 FY26: ₹70.32 million)

Profit Before Tax: ₹64.50 million (Q1 FY26: ₹20.40 million)

Profit After Tax: ₹45.01 million (Q1 FY26: ₹15.64 million)

Total Comprehensive Income: ₹45.02 million

Segment Performance (Consolidated)

The Group operates across three business segments:

  • Broking & Distribution Services: Revenue ₹1,722.52 million, Segment Profit ₹482.70 million
  • Advisory Services: Revenue ₹912.84 million, Segment Profit ₹255.50 million
  • NBFC Services: Revenue ₹445.36 million, Segment Profit ₹44.59 million

Board Meeting Outcomes

The Board of Directors at its meeting held on August 10, 2026 (4:30 PM to 5:40 PM) approved:

1. Unaudited Standalone and Consolidated Financial Results for quarter ended June 30, 2026

2. Draft Notice of 33rd Annual General Meeting to be held on Saturday, September 26, 2026

3. Draft Board's Report with Corporate Governance Report, Management Discussion & Analysis Report, and Business Responsibility & Sustainability Report for year ended March 31, 2026

4. Acquisition of equity shares of Choice Proptech Solutions Private Limited

5. Resignation of Mr. Manoj Singhania as CFO and appointment of Mr. Ayush Sharma as new CFO

Management Changes

  • Mr. Manoj Singhania resigned as Chief Financial Officer
  • Mr. Ayush Sharma appointed as new Chief Financial Officer based on recommendations of Nomination and Remuneration Committee and Audit Committee
  • Mr. Manoj Singhania will continue with the Company in another role with different responsibilities

Subsidiary Updates

Recent Acquisitions:

  • Acquired 100% stake in Choice Unified Services Private Limited (formerly Optimo Investment Adviser Private Limited) for ₹1,000 through acquisition of 10,000 equity shares (face value ₹10), effective April 1, 2026
  • Acquired 100% stake in Ellora Solutions Private Limited for ₹1,160,000 through acquisition of 10,000 equity shares (face value ₹10), effective May 25, 2026

Strategic Partnership:

  • On July 9, 2026, announced partnership with NH Investment & Securities Co Ltd through investment of ₹900 crores in Choice Equity Broking Private Limited via Compulsorily Convertible Preference Shares

Amalgamation:

  • Choice Wealth Private Limited and Arete Capital Service Private Limited amalgamated pursuant to NCLT order dated May 11, 2026 with appointed date April 1, 2025

Subsidiary Structure

The consolidated financial results include:

  • 8 direct subsidiaries
  • 10 step-down subsidiaries
  • 8 jointly controlled entities

Auditor's Review

MSKA & Associates LLP conducted limited review and concluded that the financial results are free from material misstatement and comply with applicable accounting standards and regulatory requirements.