Choice International Ltd.

CHOICEINFinancial Services filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

5 transcript(s)/analyst meet(s) served; 4 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 5 documents here); elsewhere sentences render unattributed.

Kind	Date	Period	Served
TRANSCRIPT	20250728	2025-06-30	yes
COVER_LETTER	20251024	2025-09-30	no
COVER_LETTER	20260211	2026-03-31	no
COVER_LETTER	20260428	2026-03-31	no
COVER_LETTER	20260817	2026-06-30	no

CHOICEIN

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity


Statement division	general
Scope served	consolidated
Panels on this page	4

Market

The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.


Last close	749.50
52-week range	583.95 – 850.3
Return 1M	-4.98%
Return 3M	3.54%
Return 1Y	-9.29%
Return 3Y	260.99%
Return 5Y	not reported for this period
Market capitalisation	not shown — we could not confirm it
Shares outstanding	not shown — we could not confirm it
P/E	not shown — we could not confirm it
P/B	not shown — we could not confirm it
EV/EBITDA	not shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.


Revenue from operations	310.00
Other income	9.00
Total income	319.00
Cost of materials consumed	0.00
Purchases of stock-in-trade	0.00
Changes in inventories	0.00
Employee benefit expense	94.00
Finance costs	28.00

Ownership — 2026-06-30, and the change from 2026-03-31

Holder	Per cent	Change
promoter and promoter group	0.54	0.00
institutions foreign	0.10	-0.01
institutions domestic	0.00	-0.00
mutual funds	0.00	-0.00
public	0.46	0.00

Documents on file

Class	Most recent	On file
COVER_LETTER	2026-06-30	4
TRANSCRIPT	2025-06-30	1

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line	2022-03-31	2022-09-30	2022-12-31	2023-03-31	2023-06-30	2023-09-30	2023-12-31	2024-03-31	2024-06-30	2024-09-30	2024-12-31	2025-06-30	2025-09-30	2025-12-31	2026-03-31	2026-06-30
Revenue from operations	85.00	74.00	96.00	136.00	138.00	191.00	207.00	215.00	201.00	247.00	209.00	234.00	274.00	303.00	307.00	310.00
Other income	9.00	4.00	2.00	4.00	2.00	3.00	3.00	2.00	5.00	2.00	2.00	4.00	10.00	5.00	7.00	9.00
Total income	93.00	78.00	98.00	140.00	139.00	194.00	210.00	216.00	206.00	249.00	211.00	238.00	284.00	309.00	314.00	319.00
Cost of materials consumed	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Purchases of stock-in-trade	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Changes in inventories	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Employee benefit expense	18.00	22.00	29.00	37.00	47.00	54.00	57.00	63.00	68.00	70.00	66.00	70.00	77.00	88.00	91.00	94.00
Finance costs	5.00	5.00	7.00	6.00	7.00	10.00	11.00	12.00	13.00	15.00	16.00	21.00	21.00	21.00	26.00	28.00
Depreciation and amortisation	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00	2.00	3.00	4.00	3.00	10.00	6.00
Other expenses	48.00	39.00	44.00	55.00	55.00	88.00	83.00	84.00	80.00	102.00	84.00	81.00	108.00	104.00	100.00	111.00
Total expenses	72.00	67.00	80.00	99.00	110.00	154.00	154.00	161.00	163.00	189.00	168.00	175.00	210.00	216.00	227.00	239.00
Profit before exceptional items and tax	21.00	12.00	18.00	40.00	29.00	40.00	56.00	55.00	43.00	61.00	43.00	63.00	74.00	92.00	87.00	80.00
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	21.00	12.00	18.00	40.00	29.00	40.00	56.00	55.00	43.00	61.00	43.00	63.00	74.00	92.00	87.00	80.00
Current tax	5.00	4.00	4.00	12.00	9.00	11.00	15.00	15.00	12.00	16.00	13.00	15.00	21.00	29.00	22.00	24.00
Deferred tax	1.00	-1.00	1.00	-2.00	-1.00	-1.00	1.00	1.00	-1.00	-2.00	-0.00	-0.00	-3.00	-2.00	-3.00	-4.00
Tax expense	6.00	3.00	5.00	10.00	8.00	10.00	16.00	16.00	11.00	14.00	13.00	15.00	18.00	27.00	19.00	19.00
Profit for the period	15.00	8.00	14.00	30.00	21.00	30.00	40.00	39.00	32.00	46.00	31.00	48.00	56.00	66.00	68.00	61.00
Profit attributable to owners	—	—	—	30.00	0.00	0.00	—	—	—	—	0.00	45.00	—	—	60.00	0.00
Profit attributable to non-controlling interests	—	—	—	-0.00	0.00	0.00	—	—	—	—	0.00	3.00	—	—	8.00	0.00
Other comprehensive income	-0.00	-0.00	0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	2.00	2.00	1.00	-2.00	-1.00	-1.00	0.00
Total comprehensive income	15.00	8.00	14.00	30.00	21.00	30.00	40.00	39.00	32.00	49.00	32.00	49.00	55.00	64.00	67.00	61.00
Earnings per share, basic	3.97	0.83	1.40	3.04	2.14	3.01	4.05	1.98	1.61	2.33	1.54	2.38	2.75	3.09	3.05	2.72
Earnings per share, diluted	3.97	0.83	1.39	3.01	2.12	2.98	4.01	1.96	1.59	2.28	1.52	2.34	2.69	3.07	3.02	2.70

Annual results, as filed

Line	2022-03-31	2023-03-31	2024-03-31	2026-03-31
Revenue from operations	272.00	385.00	751.00	1,119.00
Other income	14.00	10.00	9.00	25.00
Total income	286.00	395.00	759.00	1,145.00
Cost of materials consumed	0.00	0.00	0.00	0.00
Purchases of stock-in-trade	0.00	0.00	0.00	0.00
Changes in inventories	0.00	0.00	0.00	0.00
Employee benefit expense	57.00	109.00	221.00	326.00
Finance costs	15.00	22.00	40.00	89.00
Depreciation and amortisation	3.00	5.00	7.00	20.00
Other expenses	137.00	178.00	311.00	393.00
Total expenses	212.00	313.00	579.00	828.00
Profit before exceptional items and tax	74.00	82.00	181.00	316.00
Exceptional items	0.00	0.00	0.00	0.00
Profit before tax	74.00	82.00	181.00	316.00
Current tax	20.00	23.00	50.00	86.00
Deferred tax	0.00	-2.00	0.00	-8.00
Tax expense	20.00	22.00	50.00	79.00
Profit for the period	54.00	60.00	131.00	238.00
Profit attributable to owners	—	0.00	—	218.00
Profit attributable to non-controlling interests	—	0.00	—	20.00
Other comprehensive income	-0.00	-0.00	-1.00	-2.00
Total comprehensive income	54.00	60.00	130.00	235.00
Earnings per share, basic	13.84	6.04	6.57	11.30
Earnings per share, diluted	13.84	6.01	6.52	11.23

Balance sheet, as filed

Line	2022-09-30	2023-03-31	2023-09-30	2024-03-31	2024-09-30	2025-09-30	2026-03-31
Total assets	1,137.00	1,108.00	1,506.00	1,806.00	2,321.00	2,852.00	3,566.00
Non-current assets	143.00	235.00	287.00	394.00	434.00	801.00	913.00
Current assets	978.00	873.00	1,218.00	1,412.00	1,887.00	2,051.00	2,653.00
Property, plant and equipment	91.00	96.00	98.00	104.00	113.00	128.00	127.00
Capital work-in-progress	—	0.00	0.00	0.00	0.00	3.00	10.00
Goodwill	8.00	8.00	8.00	8.00	8.00	88.00	100.00
Other intangible assets	5.00	21.00	20.00	20.00	2.00	52.00	71.00
Inventories	0.00	8.00	0.00	0.00	5.00	26.00	0.00
Trade receivables	78.00	116.00	153.00	187.00	251.00	281.00	437.00
Cash and cash equivalents	49.00	87.00	83.00	145.00	87.00	135.00	194.00
Total equity and liabilities	1,137.00	1,108.00	1,506.00	1,806.00	2,321.00	2,852.00	3,566.00
Equity	426.00	482.00	541.00	640.00	901.00	1,372.00	1,824.00
Equity share capital	100.00	100.00	100.00	199.00	199.00	206.00	223.00
Other equity	326.00	378.00	436.00	432.00	690.00	1,018.00	1,449.00
Total liabilities	710.00	626.00	964.00	1,166.00	1,419.00	1,480.00	1,742.00
Non-current liabilities	48.00	120.00	187.00	260.00	177.00	285.00	457.00
Current liabilities	663.00	506.00	778.00	906.00	1,243.00	1,196.00	1,285.00
Borrowings, non-current	35.00	89.00	155.00	224.00	154.00	247.00	403.00
Borrowings, current	240.00	116.00	249.00	231.00	344.00	230.00	481.00
Trade payables	21.00	29.00	29.00	27.00	24.00	14.00	50.00

Cash flow, as filed

Line	2022-03-31	2022-09-30	2023-03-31	2023-09-30	2024-03-31	2024-09-30	2025-09-30	2026-03-31
Net cash from operating activities	-34.00	-7.00	263.00	-149.00	-148.00	-244.00	-67.00	-267.00
Net cash from investing activities	-113.00	-22.00	-180.00	-39.00	-18.00	-2.00	-71.00	-277.00
Net cash from financing activities	139.00	52.00	-21.00	184.00	224.00	188.00	134.00	600.00
Purchase of property, plant and equipment	3.00	20.00	26.00	4.00	13.00	12.00	6.00	16.00
Net increase in cash	-8.00	23.00	62.00	-4.00	58.00	-58.00	-4.00	56.00
con:CFO.BEFORE_TAX	-11.00	14.00	288.00	-135.00	-98.00	-218.00	-32.00	-184.00
con:INTEREST_RECEIVED.OPERATING	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:INTEREST_PAID.OPERATING	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:DIVIDENDS_RECEIVED.OPERATING	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:TAX_PAID.OPERATING	23.00	10.00	25.00	15.00	50.00	25.00	35.00	83.00
con:CF_OTHER.OPERATING	0.00	-11.00	0.00	0.00	0.00	0.00	0.00	0.00
con:INVESTMENTS_PURCHASED	17.00	0.00	0.00	0.00	11.00	10.00	55.00	119.00
con:INVESTMENTS_SOLD	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:PPE_DISPOSALS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	6.00
con:CF_INVESTING.SUBSIDIARIES_SOLD	0.00	0.00	0.00	0.00	9.00	4.00	0.00	0.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:CF_INVESTING.JV_SOLD	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:CF_INVESTING.JV_ACQUIRED	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder	2024-06-06	2024-06-30	2024-09-30	2024-12-31	2025-03-31	2025-06-04	2025-06-30	2025-09-30	2025-11-12	2025-11-28	2025-12-05	2025-12-31	2026-03-31	2026-06-30
Promoter and promoter group	58.21	58.21	58.21	58.21	58.13	56.43	56.43	0.57	0.56	0.55	0.54	0.54	0.54	0.54
Domestic institutions	0.07	0.07	0.09	0.18	0.17	0.19	0.19	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mutual funds	—	—	—	—	—	—	0.18	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Insurance companies	0.00	0.00	0.00	0.00	0.00	0.00	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Foreign institutions	12.22	12.22	12.72	13.70	13.63	14.13	13.97	0.13	0.13	0.12	0.12	0.12	0.11	0.10
Public	41.79	41.79	41.79	41.79	41.87	43.57	43.57	0.43	0.44	0.45	0.46	0.46	0.46	0.46
Non-institutional	29.50	29.50	28.98	27.91	28.07	29.25	29.40	0.30	0.31	0.32	0.34	0.34	0.35	0.36
Shares outstanding	199379000	199379000	199379000	199379000	199655500	205655500	205655500	205655500	208988833	214788833	222776500	222776500	222776500	222776500

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

Counterparty	Relationship	Type	Amount in the period	Transactions
Soansrishti Properties Private Limited (Formerly known as Ru	Enterprises over which KMP and The	Any other transaction	234,075,000.00	1
Shreeyam Trade Dynamics Private Limited (Formerly known as N	Enterprises over which KMP and The	Sale of goods or services	36,534,000.00	1
The Byke Hospitality Limited	Enterprises over which KMP and The	Any other transaction, Sale of goods or services	35,580,000.00	8
Patodia Properties Private Limited	Enterprises over which KMP and The	Sale of goods or services	31,334,000.00	1
Sunil Patodia Welfare Foundation	Enterprises over which KMP and The	Any other transaction	15,000,000.00	4
Ajay Rajendra Kejriwal	KMP	Any other transaction, Remuneration	12,820,000.00	2
Kamal Poddar	KMP	Any other transaction, Remuneration	6,000,000.00	3
Shree Shakambhari Exims Private Limited	Enterprises over which KMP and The	Sale of goods or services	5,457,000.00	2
Suyash Sunil Patodia	KMP	Remuneration, Sale of goods or services	3,634,000.00	2
Arun Poddar	KMP	Remuneration, Sale of goods or services	3,600,000.00	2
SK Patodia & Associates LLP	Enterprises over which KMP and The	Any other transaction, Sale of goods or services	3,059,000.00	5
Vijay Kejriwal	Relative of KMP	Any other transaction, Remuneration, Sale of goods o	2,305,000.00	3
Manoj Singhania	KMP	Remuneration	2,175,000.00	1
karishma Shah	KMP	Remuneration	1,809,000.00	1
Kkunal Parar	Relative of KMP	Remuneration, Sale of goods or services	1,010,000.00	2

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

Date	Quarter	Who spoke
2025-07-28	Q1FY26	CHOICE INTERNATIONAL LIMITED	Read the call

Some earlier announcements under this heading are covering letters only — no transcript was attached.

What they said about it, quarter by quarter

Topic	Q1FY26
Capital allocation	July 22, 2025 As far as the customer acquisition strategy is concerned, we work on a physical branch-led model where we have the on-ground sales team …
Demand	Till now, we have concluded 7 IPO transactions successfully and 24 are ongoing mandates with a tentative fundraising pipeline of Rs.
Guidance	On the growth perspective, we expect on a YoY basis is to maintain a healthy growth rate of around 25% to 30% for the next 3-4 years.
Margin	As far as margin is concerned, in government advisory practice, our margins are around 22% to 25% tentatively and it' takes almost 2 to 3 years time t…
Pricing	For delivery and intraday, depends on the segment, and these are the basic pricing, and it will vary depending on the client segment.
Revenue growth	During the quarter, the number of demat accounts stood at 11.5 lakh, recording a growth of 29% on a YoY basis, driven by our digital onboarding capabi…