Financial Results Summary

Choice International Limited reported unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27).

Key Financial Performance

| Metric | Q1 FY27 | Q1 FY26 | YoY Growth | Q4 FY26 | QoQ Growth |

| Total Revenue | ₹319 Cr | ₹238 Cr | 34.07% | ₹314 Cr | 1.65% |

| EBITDA | ₹87 Cr | - | 31.38% | ₹123 Cr | -7.02% |

| PAT | ₹61 Cr | ₹48 Cr | 26.37% | ₹68 Cr | - |

| PAT Margin | 19.00% | 20.16% | (116 bps) | 21.62% | - |

Business Segment Revenue Contribution

  • Stock Broking: 59%
  • Advisory: 27%
  • NBFC: 13%

Key Business Metrics

  • Demat accounts: 12.94L (13% YoY growth)
  • Client Assets for Stock Broking: ₹62,226 Cr (30% YoY growth)
  • Wealth Products AUM: ₹4,961 Cr (4% YoY increase)
  • Insurance premium generated: ₹80.2 Cr (5% YoY growth)
  • Insurance policies sold: 67,828 (73% YoY growth)
  • NBFC loan book: ₹836 Cr (as of Q1 FY27)
  • Advisory segment order book: ₹777 Cr

Strategic Developments

Government Advisory Mandates

Choice Consultancy Services Private Limited (CCSPL) and Ayoleeza Consultants Private Limited (ACPL) secured multiple government mandates aggregating approximately ₹191 Cr. These mandates span:

  • E-governance and digital transformation
  • Railway infrastructure
  • Project management consultancy
  • Engineering supervision
  • Financial advisory
  • Technology consulting
  • Citizen-centric public infrastructure initiatives across multiple states

Regulatory Approval

Choice AMC Private Limited received SEBI approval to act as Investment Manager to Wealthwave Capital Trust, a Category II AIF sponsored by Choice International Limited.

Investor Engagement

Choice Institutional Equities hosted InsightX 2026, bringing together 100+ corporates and 150+ institutional investors and allocators.

Strategic Partnership

During Q2 FY27, Choice Equity Broking (subsidiary) entered into a strategic partnership with NH Investment & Securities, one of South Korea's leading financial institutions. The partnership is marked by a strategic investment of ₹900 million to accelerate the subsidiary's long-term growth and expansion plans.

Management Commentary

Mr. Kamal Poddar, Managing Director, commented on the performance:

  • "Choice entered FY27 with clear operating momentum"
  • "Standout quarter for our consulting and advisory businesses"
  • "Progress in shaping the group for its next phase of growth"
  • "Expanding our integrated platform, increasing our market presence and strengthening partnerships"
  • Government engagements "meaningfully deepen our credibility in the public sector advisory space"
  • "Reflect the growing scale of our order pipeline"
  • "With a healthy order pipeline and a more focused Group structure, we enter the remainder of FY27 with a clear focus"

Company Background

Choice International Limited is a decade-old organization headquartered in Mumbai, providing diversified services in finance, engineering and consulting activities. The company has memberships and registrations with SEBI, RBI, NSE, BSE, MCX, NCDEX, AMFI and is a depository participant with CDSL & NSDL. The group serves over 16L+ clients and has over 70K trained business associates, ranking among the top 17 brokers with pan-India presence.