Financial Results Approval

The Board approved the Unaudited (Standalone and Consolidated) Financial Results for the quarter and half year ended September 30, 2026, along with the Limited Review Report of the Auditor.

Consolidated Financial Performance (Q2 FY2027)

  • Total Income: ₹3,790.22 million (Q2 FY2027) vs ₹2,841.00 million (Q2 FY2026), growth of 33.4% YoY
  • Revenue from Operations: ₹3,728.67 million (Q2 FY2027) vs ₹2,744.33 million (Q2 FY2026), growth of 35.9% YoY
  • Profit Before Tax: ₹938.13 million (Q2 FY2027) vs ₹744.14 million (Q2 FY2026), growth of 26.1% YoY
  • Profit After Tax: ₹694.72 million (Q2 FY2027) vs ₹564.64 million (Q2 FY2026), growth of 23.0% YoY
  • EPS (Basic): ₹3.12 (Q2 FY2027) vs ₹2.75 (Q2 FY2026)
  • EPS (Diluted): ₹3.10 (Q2 FY2027) vs ₹2.69 (Q2 FY2026)

Half Year Performance (H1 FY2027)

  • Total Income: ₹6,980.46 million (H1 FY2027) vs ₹5,220.55 million (H1 FY2026), growth of 33.7%
  • Profit Before Tax: ₹1,737.37 million (H1 FY2027) vs ₹1,373.01 million (H1 FY2026), growth of 26.5%
  • Profit After Tax: ₹1,300.79 million (H1 FY2027) vs ₹1,044.24 million (H1 FY2026), growth of 24.6%
  • EPS (Basic): ₹5.84 (H1 FY2027) vs ₹5.13 (H1 FY2026)
  • EPS (Diluted): ₹5.80 (H1 FY2027) vs ₹5.03 (H1 FY2026)

Segment-wise Performance (Q2 FY2027)

  • Broking & Distribution Services: Revenue ₹1,782.38 million, Profit ₹421.92 million
  • Advisory Services: Revenue ₹1,445.26 million, Profit ₹453.30 million
  • NBFC Services: Revenue ₹462.49 million, Profit ₹36.46 million

Corporate Actions Approved

1. Bonus Issue: Approved 1:1 bonus issue of equity shares (1 new equity share of ₹10 each for every 1 existing equity share of ₹10 each)

2. Authorized Share Capital Increase: Approved increase from ₹225 crores (22.5 crore shares) to ₹447.80 crores (44.78 crore shares)

3. EGM Approval: Draft notice of 1st Extra Ordinary General Meeting for FY2026-27 approved for seeking shareholder approval

Subsidiary Updates and Acquisitions

  • Choice Unified Services Private Limited (formerly Optimo Investment Adviser): Acquired 100% stake for ₹1,000 (10,000 equity shares at ₹10 face value) effective April 01, 2026
  • Ellora Solutions Private Limited: Acquired 100% stake for ₹1,160,000 (10,000 equity shares at ₹10 face value) effective May 25, 2026
  • Strategic Partnership: Choice Equity Broking Private Limited issued 42,25,350 Compulsorily Convertible Preference Shares at ₹2,130 per share to H Investment & Securities Co. Ltd., aggregating ₹9,000 million. Entire proceeds received on October 27, 2026
  • Amalgamation: Choice Wealth Private Limited and Arete Capital Service Private Limited amalgamated pursuant to NCLT order dated May 11, 2026 with appointed date April 01, 2025

Standalone Financial Performance (Q2 FY2027)

  • Total Income: ₹134.28 million (Q2 FY2027) vs ₹39.79 million (Q2 FY2026)
  • Profit Before Tax: ₹93.43 million (Q2 FY2027) vs (₹9.73) million loss (Q2 FY2026)
  • Profit After Tax: ₹71.80 million (Q2 FY2027) vs (₹7.41) million loss (Q2 FY2026)
  • EPS (Basic): ₹0.32 (Q2 FY2027) vs (₹0.04) (Q2 FY2026)

Board Meeting Details

  • Meeting held on November 02, 2026
  • Commenced at 3:30 PM and concluded at 6:00 PM

Capital Structure

  • Paid-up Equity Share Capital: ₹2,227.77 million (222.777 million shares of ₹10 face value)
  • Reserves (Consolidated): ₹17,009.88 million as at September 30, 2026

Subsidiaries and Joint Ventures

The consolidated results include 27 entities comprising the holding company, subsidiaries, step-down subsidiaries, and jointly controlled entities.

Auditor's Review

MSKA & Associates LLP conducted limited review and provided unmodified conclusion on the financial results.